April 4th, 2022
According to the latest report by IMARC Group, titled “Water Scooter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the water scooter market to reach US$ 2.5 Billion by 2027, exhibiting a CAGR of 9.5% during 2022-2027.
A water scooter is widely used for traveling and recreational activities across the ocean or seacoasts. It generally consists of a handlebar, narrow platform and hydrofoil. Additionally, it is easy to maintain and repair while exhibiting greater maneuverability. Some of the commonly used water scooter variants include deep propulsion vehicles (DPVs) and water jet bikes.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Water Scooter Market Trends:
The global market is primarily driven by the rising popularity of water-based adventure activities among the masses. This is compelling individuals, especially young adults, to participate in water sports, thereby providing a boost to the market growth. In line with this, the widespread usage of water scooters by search and rescue agencies and defense groups in coastal areas for rescue operations is also creating a positive outlook for the market. The market is further driven by significant growth in the tourism industry on the global level. Along with this, rising investments by private and public agencies to upgrade the existing travel and tourism sector is propelling the market growth across the globe.
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Water Scooter Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Bombardier Recreational Products Inc., Dive Xtras Inc., Divertug, Kawasaki Heavy Industries Ltd., Nellis Engineering Inc., SubGravity, Suex Srl, Torpedo Inc., TUSA Inc. and Yamaha Motor Co. Ltd.
The report has segmented the market on the basis on region, vehicle type, propulsion type, application.
Breakup by Vehicle Type:
Water Surface Breakup by Propulsion Type:
Battery Operated Breakup by Application:
Military 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 Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/water-scooter-market
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
Comprehensive Mapping of the Competitive Landscape If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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.
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