Water Scooter Market Size, Industry Trends, Share, Growth and Report 2023-2028

0
775

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.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA 

Follow us on Twitter: @imarcglobal

Search
Sponsored
Categories
Read More
Other
UK Wooden Floor Market Size 2024-2032 Share, Key Trends, Growth and Regional Analysis Report
The UK wooden floor market has witnessed significant growth over the past decade,...
By Ram Patil 2024-06-17 07:50:21 0 616
Other
Snoring Ear Plugs for Peaceful Nights
You can sleep soundly while wearing our anti snoring ear plugs because they are designed to be...
By Aussieear Plugs 2024-01-23 04:46:34 0 936
News
Non-Dairy Ice Cream Market to See Massive Growth by 2032
Non-Dairy Ice Cream Market Research Report 2024 - [98 Pages Report] Request Free Sample...
By Anek Patel 2024-09-27 08:28:07 0 2K
Other
Amazon DAS-C01 Dumps PDF For DAS-C01 Exam Preparation
Amazon DAS-C01 Dumps - Free DAS-C01 Exam Questions For Any Exam Use Amazon DAS-C01 Dumps &...
By Latest Exam 2022-10-17 15:58:33 0 2K
Other
B2C E-Commerce Market Share Research 2022 | Industry Growing with Major Key Player Alibaba Group Holding Limited, Amazon, ASOS
B2C E-Commerce Market Summary 2022-2030 Straits Research's latest report on, B2C E-Commerce...
By Hrushikesh Bavalekar 2022-07-19 06:49:49 0 2K