Aqua scooter Market Report 2024 (Global Edition)

Global Aqua scooter Market Report 2024 Market Size Split by Vehicle Type (Under Water, Water Surface), by Propulsion Type (Fuel Operated, Battery Operated), by Run Time (Below 60 Minutes., 61 to 75 Mi...

Aqua scooter Market Report Description

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Aqua scooter Market Insights Video

Competitive Landscape of the Aqua scooter Market

The competitive landscape of the Aqua scooter market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established manufacturers, specialized Aqua scooter companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

Top Companies Market Share in Aqua scooter Industry: (In no particular order of Rank)

• 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.
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Aqua scooter Market

Which Region Dominates the Aqua Scooter Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The region boasts a vibrant culture of water sports and recreational pursuits, attracting numerous enthusiasts keen to explore coastal areas, lakes, and rivers. In the United States alone, a staggering 242 million people—approximately 80% of the population aged 6 and above—engaged in at least one sports or fitness activity in 2023. This marked a notable 2.2% increase from the previous year, representing the highest participation rate recorded in a single year. Aqua scooters cater to the desire for exhilarating water adventures and are highly sought after by enthusiasts of water sports.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Aqua scooter market due to several compelling reasons. ? The Asia Pacific region is renowned for its abundance of tourist destinations, celebrated for their natural beauty and coastal allure. By the year 2028, India's tourism and hospitality sector is forecasted to generate revenues exceeding $59 billion. Moreover, Foreign Tourist Arrivals (FTAs) are projected to climb to 30.5 million by 2028. In 2022, India welcomed 6.19 million Foreign Tourist Arrivals (FTAs), a significant increase from 1.52 million in the corresponding period of 2021. Popular destinations like Thailand, Indonesia, the Maldives, and Australia attract millions of tourists annually, fueling the demand for water sports equipment such as aqua scooters.

 

The current report Scope analyzes Aqua scooter Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Aqua scooter

According to Cognitive Market Research, the global Aqua scooter market size was estimated at USD 1954.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 781.6 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Aqua scooter market with a market size of USD 616.7 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. The demand is amplified by the nation's abundant coastline, lakes, rivers, and other water bodies, providing ample opportunities for aqua scooter usage.
• The Canada Aqua scooter market had a market share of USD 93.8 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Canada's thriving tourism industry to increased usage of Aqua scooter.
• The Mexico Aqua scooter market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 71.1 million in 2024.

Europe Aqua scooter

According to Cognitive Market Research, the global Aqua scooter market size was estimated at USD 1954.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 586.2 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.

• The United Kingdom Aqua scooter market had a market share of USD 98.4 million in 2024 and is projected to grow at a CAGR of 6.8% during the forecast period. In the UK, Aqua scooter sales witness an upswing due to the nation's rising demand for electric-powered Aqua scooters and eco-conscious watercraft that minimize carbon emissions and environmental impact.
• The France Aqua scooter market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 53.9 million in 2024.
• According to Cognitive Market Research, the Germany Aqua scooter market size was valued at USD 116.0 million in 2024 and is projected to grow at a CAGR of 6.2% during the forecast period. In Germany, Aqua scooter sales surged due to the Cultural Affinity for Water Sports.
• The Italy Aqua scooter market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 50.4 million in 2024.
• The Russia Aqua scooter market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 90.8 million in 2024.
• The Spain Aqua scooter market is projected to witness growth at a CAGR of 5.1% during the forecast period with a market size of USD 48.0 million in 2024
• The Luxembourg Aqua scooter market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 18.1 million in 2024.
• The Portugal Aqua scooter market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 12.3 million in 2024.
• The Greece Aqua scooter market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 7.0 million in 2024.
• Rest of Europe's Aqua scooter market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 90.8 million in 2024.

Asia Pacific Aqua scooter

According to Cognitive Market Research, the global Aqua scooter market size was estimated at USD 1954.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 449.4 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Aqua scooter market size was valued at USD 202.2 million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. Aqua scooter sales surge in China due to the increasing popularity of water sports and recreational activities, driven by the growing middle-class population and rising disposable incomes.
• The Japan Aqua scooter market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 62.0 million in 2024.
• The India Aqua scooter market had a market share of USD 53.9 million in 2024 and is projected to grow at a CAGR of 11.3% during the forecast period. India's booming tourism industry and expanding domestic travel market are driving the aqua scooter market, fueling demand for leisure and adventure activities among tourists and domestic travelers alike.
• The South Korea Aqua scooter market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 44.9 million in 2024.
• The Australia Aqua scooter market is projected to witness growth at a CAGR of 9.2% during the forecast period, with a market size of USD 23.3 million in 2024.
• The South East Asia Aqua scooter market is projected to witness growth at a CAGR of 10.5% during the forecast period, with a market size of USD 31.0 million in 2024.
• The Rest of Asia Pacific Aqua scooter market is projected to witness growth at a CAGR of 9.3% during the forecast period, with a market size of USD 31.9 million in 2024.

South America Aqua scooter

According to Cognitive Market Research, the global Aqua scooter market size was estimated at USD 1954.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 97.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Aqua scooter market size was valued at USD 41.8 million in 2024 and is projected to grow at a CAGR of 7.5% during the forecast period. Aqua scooter sales flourish in Brazil due to the country's extensive coastline, abundant waterways, and vibrant beach culture, creating a high demand for recreational watercraft among residents and tourists alike.
• Argentina Aqua scooter market had a market share of USD 16.4 million in 2024 and is projected to grow at a CAGR of 7.8% during the forecast period. Argentina's expanding tourism sector and rising disposable incomes among its population are driving the aqua scooter market.
• Colombia Aqua scooter market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 8.7 million in 2024.
• Peru Aqua scooter market is projected to witness growth at a CAGR of 7.1% during the forecast period with a market size of USD 8.0 million in 2024.
• Chile Aqua scooter market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 7.0 million in 2024.
• The Rest of Latin America Aqua scooter market is projected to witness growth at a CAGR of 6.0% during the forecast period, with a market size of USD 15.7 million in 2024.

Middle East and Africa Aqua scooter

According to Cognitive Market Research, the global Aqua scooter market size was estimated at USD 1954.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 39.0 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031.

• The GCC Countries Aqua scooter market is projected to witness growth at a CAGR of 8.0% during the forecast period with a market size of USD 16.7 million in 2024. Aqua scooter sales flourish due to the thriving tourism industry, and luxurious beachfront resorts.
• The Egypt Aqua scooter market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 4.1 million in 2024.
• The South Africa Aqua scooter market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 6.1 million in 2024. Aqua scooter sales flourish in South Africa due to the Investment in water sports infrastructure and facilities, such as marinas, water sports centers, and beach resorts.
• The Turkey Aqua scooter market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 3.3 million in 2024.
• The Nigeria Aqua scooter market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 4.1 million in 2024.
• The Rest of MEA Aqua scooter market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 4.6 million in 2024.

Aqua scooter Market Analysis

How are Segments Performing in the Global Aqua scooter Market?

Aqua scooter Market Vehicle Type Segment Analysis

According to Cognitive Market Research, Water Surface stands out as the dominating Vehicle Type. Water Surface vehicle type Aqua scooters are crafted to be user-friendly, boasting intuitive controls and effortless operation. This accessibility caters to a broad spectrum of users, including novices and casual enthusiasts. Numerous tourist destinations and beach resorts provide Water Surface vehicle type Aqua scooters for rental, facilitating easy access and enjoyment of these recreational watercraft without the need for ownership.

Under Water emerges as the fastest-growing Vehicle Type in the Aqua scooter market. U Underwater vehicle type Aqua scooters showcase sophisticated propulsion systems tailored for underwater efficiency, encompassing electric thrusters, propellers, and hydrodynamic designs. These technological strides bolster speed, maneuverability, and overall underwater performance, enriching the user's aquatic experience. Progress in battery technology has spurred the creation of lightweight and enduring batteries, prolonging the operational range and duration of underwater Aqua scooters. Commonly utilized lithium-ion and lithium polymer batteries deliver heightened energy density and steadfast reliability.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Aqua scooter Industry. Request a Free Sample PDF!

Aqua scooter Market Propulsion Type Segment Analysis

According to Cognitive Market Research, the dominating Propulsion Type is Battery Operated. The advent of lithium-ion and lithium polymer batteries has sparked a transformation in the Aqua scooter industry. These batteries boast heightened energy density, extended life cycles, and rapid charging capabilities, eclipsing traditional lead-acid counterparts. Consequently, battery-operated Aqua scooters promise prolonged operating durations and enhanced performance. Equipped with efficient electric motors, these scooters optimize power utilization and performance, delivering formidable torque and velocity while upholding energy efficiency standards, thereby ensuring riders a seamless and exhilarating aquatic journey.

The fastest-growing Propulsion Type in the Aqua scooter market is Fuel Operated. Fuel-operated Aqua scooters rely on gasoline engines or other liquid fuel reservoirs, furnishing robust power output surpassing that of electric propulsion systems. This grants them superior acceleration, speed, and towing prowess, attracting enthusiasts in search of high-performance watercraft. Moreover, fuel-operated models often boast extended operational ranges compared to their battery-powered counterparts, proving advantageous for users embarking on extensive water voyages or partaking in activities such as fishing or towing.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Aqua scooter Run Time Segment Analysis

Run time Segment Analysis

According to Cognitive Market Research, the dominating Run time is Below 60 Minutes. Numerous Aqua scooter enthusiasts opt for brief recreational outings, like leisurely rides or coastal explorations, where a run time below 60 minutes suffices for their aquatic endeavors. These users appreciate the convenience and spontaneity afforded by shorter run times, eliminating the need for meticulous planning or prolonged charging intervals. Aqua scooters with run times under 60 minutes are tailored to meet these preferences, delivering hassle-free and enjoyable experiences on the water.

The fastest-growing Run time in the Aqua scooter market is 91 to 120 Minutes. Aqua scooter aficionados seek lengthier excursions to fully immerse themselves in activities such as expansive water exploration, snorkeling, diving, or coastal touring. Aqua scooters offering run times spanning from 91 to 120 minutes cater to these preferences, granting users ample opportunity to delve deep into their aquatic adventures.

• Below 60 Minutes.
• 61 to 75 Minutes
• 76 to 90 Minutes
• 91 to 120 Minutes.

Aqua scooter Application Segment Analysis

Application Segment Analysis

According to Cognitive Market Research, the dominating Application is Commercial. Military forces globally recognize the strategic significance of amphibious capabilities, necessitating the adoption of versatile and agile watercraft for various operational scenarios. Aqua scooters offer rapid deployment capabilities, facilitating swift maneuvering in diverse maritime environments, including littoral zones and coastal regions..

The fastest-growing Application in the Aqua scooter market is Military. Across the globe, military forces acknowledge the strategic importance of amphibious capabilities, prompting the integration of versatile and agile watercraft for multifaceted operational contexts. Aqua scooters present swift deployment capabilities, enabling rapid navigation across varied maritime landscapes, including littoral zones and coastal territories.

• Personal
• Commercial
• Military

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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