Water Scooter Market Size, Industry Trends, Share, Growth and Report 2023-2028
The latest report by IMARC Group, titled “Water Scooter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, offers a comprehensive analysis of the industry, which comprises insights on the global water scooter market growth. The global market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2028, exhibiting a growth rate (CAGR) of 9.3% during 2023-2028.
A water scooter, also known as a personal watercraft (PWC), is a versatile and popular watercraft designed for recreational and practical purposes. It is a compact, motorized vehicle that riders can operate while standing, sitting, or kneeling, making it an exciting and accessible way to enjoy aquatic adventures. These sleek machines are propelled by powerful engines and are steered using handlebars, providing riders with thrilling rides on the water. It has gained significant popularity due to its ease of use and the thrill it offers to riders of all ages. These watercrafts are typically small, maneuverable, and powered by an inboard engine, making them an exciting choice for individuals seeking water-based excitement.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/water-scooter-market/requestsample
Water Scooter Market Trends and Drivers:
The water scooter market is primarily driven by the increasing demand for recreational water activities. As individuals seek new and exhilarating ways to spend their leisure time, water scooters are emerging as a preferred choice for adventure enthusiasts. In addition, tourists at coastal destinations, lakefront resorts, and even urban waterfronts are opting for water scooter rentals and tours, augmenting the market growth. Moreover, several technological advancements led manufacturers to enhance the performance, safety, and user experience of water scooters with features such as global positioning system (GPS) navigation systems, intelligent braking, and improved stability control are becoming standard, increasing the appeal of water scooters to a broader audience, representing another major growth-inducing factor. Along with this, the integration of smart technology, such as smartphone connectivity for navigation and safety alerts, is elevating the convenience and safety of water scooter operations, thus propelling market growth. Besides this, several government authorities are implementing stringent safety guidelines to ensure the well-being of riders and the preservation of natural water ecosystems, and the implementation of regulations and safety standards increased the use of water scooters, thus accelerating the market growth. Furthermore, compliance with these regulations is essential for businesses operating in the water scooter rental and tour sector, leading to investments in safety equipment, training programs, and maintenance protocols, further creating a positive market outlook.
Report 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
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- 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
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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