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A water scooter is a recreational watercraft motor scooter. These scooters can be driven on the water surface as well as underwater. The underwater scooter is also known as a diver propulsion vehicle (DPV). The jet bikes and jet-ski are types of scooters that are used above the water surface. The inclination of people towards scuba diving and other water sport activities is increasing tremendously. Also, these water scooters are widely used by coast guards in rescue operations, to maintain safety and security on the beach coasts.
Moreover, the government is taking various initiatives and providing subsidies to promote tourism businesses in the coastal regions. This factor is surging the demand in the water scooter market. Furthermore, prominent manufacturers are spending heavily on innovation and the development of advanced technology in water scooters. The rising popularity of underwater activities such as snorkel, scuba diving, and other underwater exploration are also boosting the growth of the water scooter market.
Globally, the rising urbanization, improved standard of living, and increased spending capacity of people are propelling the growth of the water scooter market. Moreover, the rising popularity of water sports and underwater adventures are also fuelling the growth of the market. On the contrary, the underwater safety issues and lack of driving skills may hamper the growth of the water scooter market.
Key Market Driver -
Increasing popularity of water sports activities and water adventures are driving the growth of the water scooter market.
Key Market Restraint -
Underwater safety issues and lack of driving skills may hamper the growth of the water scooter market.
Globally, the water scooter market is segmented by propulsion type, by end-user type, by vehicle type, and by geographic coverage. By propulsion type, the market is further segmented into battery operated and fuel operated water scooters. The fuel-operated water scooters have their existence in the market for a long time. They are dominating the water scooter market in the current phase.
The battery-operated water scooters are now emerging and gaining popularity in the market and are expected to replace the conventional fuel operated scooters in the forecast period. Owing to the rising marine pollution concerns caused by the emission of fuels in the water body and increasing awareness of eco-friendly alternatives are also boosting the water scooter market at a faster pace. By end-use type, the market is further divided into personal use, commercial use, and other uses.
The commercial use of water scooters holds the largest market of the global water scooter market. Owing to an increasing inclination of people towards water sport activities, water adventures, and underwater exploration activities are propelling the water sports business across the globe. This is one of the main reasons for the growth in the water scooter market. By vehicle type, the market is further segmented into underwater scooters and water surface scooters. The surface water scooters hold the largest market share of the global water scooter market. The increasing popularity of water sports activities, rising awareness of safety concerns on coasts, and rescue operations are fuelling the growth of commercial use of water scooters across the world.
Geographically, the water scooter market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America, holds the largest market share of the global water scooter market. The high rate of water adventures and water sport activities in this region is the foremost reason for the dominance in the market.
Europe holds the second-largest market after North America. The Asia Pacific is also expected to show significant growth in the water scooter market in the forecast period. The increasing popularity of water sports activities such as scuba diving, snorkeling, underwater explorations, and water surface rides are fuelling the growth of the water scooter market in this region. Moreover, the government is also taking various initiatives and providing subsidies to promote tourism businesses in the coastal regions ultimately increasing the demand for water scooters in this region.
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By Propulsion Type
By End-Use Type
By Vehicle Type
August 2019: ASIWO is a leading manufacturing company of underwater scooters. This company has launched the fastest underwater scooter named ASIWO TURBO for a deep-sea diving experience. The ASIWO TURBO is an innovation in itself having 6*500W drive power with three gear speed and low-power main control chip to ensure a faster start compared to other water scooters.
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