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Water Scooter Market Report by Vehicle Type (Under Water, Water Surface), Propulsion Type (Fuel Operated, Battery Operated), Application (Personal, Commercial, Military), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A4778
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Market Overview:
The global water scooter market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.4 Billion by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 1.8 Billion |
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Market Forecast in 2032
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US$ 3.4 Billion |
| Market Growth Rate 2024-2032 | 7.1% |
A water scooter is a recreational watercraft motor scooter used for movement and adventure activities on the sea and ocean coasts. Some of the commonly available variants include water jet bikes and deep propulsion vehicles (DPVs). They are usually operated through fuel or battery-powered systems. Jet bikes run over the water and DPVs are used for deep-sea diving. They consist of a narrow platform for the feet, a handlebar and a hydrofoil that is propelled in an upward and downward motion to facilitate movement. Water scooters are also used by coast guards to ensure safety at the beaches. They are lightweight and aid in enhancing the range of the diver for underwater exploration.
Water Scooter Market Trends:
The increasing consumer preference for adventure sports and recreational activities among the masses is one of the key factors driving the growth of the market. Moreover, significant growth in the tourism industry, especially in the developing economies, is providing a thrust to the market growth. Millennials are increasingly using water scooters for indulging in water sports and scuba diving activities. In line with this, the widespread product adoption for underwater exploration is also contributing to the growth of the market. Water scooters are also extensively utilized for conduction rescue operations in the coastal areas and during floods. Additionally, the launch of energy-efficient variants with long-distance propulsion systems is acting as another growth-inducing factor. Product manufacturers are also developing battery-fitted water scooters integrated with high-definition (HD) cameras and sound systems for underwater film making and vlogging. Other factors, including the increasing expenditure capacities of the consumers, along with the rising product adoption for military operations, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global water scooter market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on vehicle type, propulsion type and application.
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
- 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:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Vehicle Type, Propulsion Type, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global water scooter market was valued at US$ 1.8 Billion in 2023.
We expect the global water scooter market to exhibit a CAGR of 7.1% during 2024-2032.
The increasing consumer inclination towards underwater exploration, along with the rising adoption of water scooters by coast guards to ensure safety at the beaches, is primarily driving the global water scooter market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous adventure sports and recreational activities, thereby negatively impacting the global market for water scooters.
Based on the vehicle type, the global water scooter market can be categorized into under water and water surface, where water surface currently accounts for the majority of the global market share.
Based on the propulsion type, the global water scooter market has been segregated into fuel operated and battery operated. Currently, fuel operated exhibits a clear dominance in the market.
Based on the application, the global water scooter market can be bifurcated into personal, commercial, and military. Among these, the commercial sector holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global water scooter market include 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.
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