IMARC Group, a leading market research company, has recently releases report titled “Water Scooter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The study provides a detailed analysis of the industry, including the global water scooter market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the water scooter market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 1.6 Billion |
| Market Forecast in 2028 | US$ 2.7 Billion |
| Growth rate (2023 to 2028) | CAGR of 2.7% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is water scooter?
Water scooters are recreational watercraft motor scooters designed for adventure activities and coastal movement on the sea and ocean. They come in various models such as fuel-powered, battery-powered, deep propulsion vehicles (DPVs), and water jet bikes. These water scooters typically feature a handlebar, a narrow platform for the feet, and a hydrofoil mechanism that propels the scooter in a downward and upward motion to facilitate movement. With their lightweight design, they are ideal for enhancing the range of divers during underwater explorations. Water scooter variants are also highly valuable for coast guards in ensuring beach safety. As a result, they are widely utilized across the globe for various purposes.
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What are the growth prospects and trends in the water scooter industry?
The water scooter market is experiencing significant growth driven by several factors. The expanding tourism industry, particularly in developing countries, and the increasing participation of individuals in various water sports and recreational activities such as scuba diving and jet skiing, are major drivers of market growth. Additionally, the usage of water scooters for underwater exploration is positively impacting the global market. Moreover, the rising demand for these scooters in rescue operations along coastal areas and during floods is another significant factor contributing to market expansion.
Furthermore, there are notable investments in research and development (R&D) activities to introduce energy-efficient and sustainable water scooter models with long-distance propulsion systems. Leading manufacturers are launching battery-powered water scooters equipped with high-definition (HD) cameras and sound systems for underwater vlogging and filmmaking, which is further stimulating market growth. Additionally, the use of water scooters in various military operations is on the rise, further fueling the market.
Overall, the water scooter market is poised for growth, fueled by the expanding tourism industry, increasing water sports participation, underwater exploration needs, rescue operations, advancements in technology, and military applications.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Vehicle Type:
- Under Water
- Water Surface
Breakup by Propulsion Type:
- Fuel Operated
- Battery Operated
Breakup by Application:
- Personal
- Commercial
- Military
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Bombardier Recreational Products Inc
- Dive Xtras Inc.
- Divertug
- Kawasaki Heavy Industries Ltd.
- Nellis Engineering Inc.
- SubGravity
- Suex Srl
- Torpedo Inc.
- TUSA Inc.
- Yamaha Motor Co. Ltd.
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