About Water Scooter
Water Scooter is a leisure watercraft, which simulates like a motor scooter. It is used for numerous adventures on sea coasts or else is used by coast guards in order to ensure the safety at beaches. The bikes such as Jet Ski and Water Jet are majorly used as water scooters, these are operable above the water surface while the diver propulsion vehicles (DPVs) have a wider application in deep-sea diving. These scooters witness a significant adoption over the years, due to the cumulating inclination towards water sports. Hence all the aforementioned reasons enhance the market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that North America Vendors will contribute the maximum growth to Global Water Scooter market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Yamaha (India), Kawasaki Motors Corp., U.S.A. (United States), Bombardier (Canada), Bayliner (United States), Sub-Gravity (United States), Asiwo (United States), Birchwood Marine International (United Kingdom), Sea-Doo Aqua (Austria) and Sunseeker (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Apollo (United States), Aquaparx (Canada), Genesis (United States) and New Hollis (United States).
Segmentation Overview
AMA Research has segmented the market of Global Water Scooter market by Type (Under Water and Above Water), Application (Personal, Commercial, Competition, Military and Others) and Region.
On the basis of geography, the market of Water Scooter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Propulsion Type, the sub-segment i.e. Fuel Operated will boost the Water Scooter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Depth Type, the sub-segment i.e. Depths >130 Feet will boost the Water Scooter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sale Channel, the sub-segment i.e. Direct Sales will boost the Water Scooter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The rising adoption of light weighted and portable water scooters have increased a different level in this industry. For instance, ASIWO, underwater scooter manufacture in china is producing lightweight, portable and powerful sea scooters that have changed the way for different sports activities like swim, snorkel, and swim.
Market Growth Drivers:
Rising Penetration of People Towards Water Sports and Increasing Ability Such as Rising Cumulative Diving Rage of these Under Water Scooters
Challenges:
High Associate With These Sea Scooters and Availability of Different Substitutes in Market
Restraints:
Concern Related to Saftey Issues Underwater is Hampering the Water Scooter Market
Opportunities:
Wider Application of these Water Scooter in Rescue Operations has Boosted Market Demand. For example, the Sea-Doo SAR and Seabob Rescue are a hunt & rescue watercraft, which is perfect for search & rescue operations during floods or along rocky coasts. Thus, water scooters majorly find their application in rescue operations, which are expected to propel the water scooter market growth around the world.
Key Target Audience
Water Scooter Manufactures, Water Scooter Distributors, End-Users, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.