A $2.7 Billion Opportunity – IMARCGroup.com

The global water scooter market size reach US$ 2.7 Billion by 2028, exhibiting a growth rate (CAGR) of 9.3% during 2023-2028.

NY 11249, BROOKLYN, USA, February 24, 2023 /EINPresswire.com/ — According to the latest report by IMARC Group, titled “Water Scooter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global water scooter market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2028, exhibiting a growth rate (CAGR) of 9.3% during 2023-2028.

Market Overview:

Water storage systems refer to a system that is designed to collect and store water. They are manufactured from various materials, such as plastic, steel, concrete, and fiberglass. They assist in reducing the demand for freshwater sources and provide a reliable source of water for several uses. They are utilized in hydraulic fracture storage and collection, onsite water and wastewater collection, potable water storage systems, and fire suppression reserves and storage.

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Water Scooter Market Trends and Drivers:

Presently, the rising awareness among consumers about water scarcity around the world represents one of the primary factors strengthening the market growth. Besides this, the growing demand for water storage systems due to the rising oil and gas activities is offering a positive market outlook. Apart from this, governing agencies of various countries are implementing several rules and regulations for water conservation and consumption, which is bolstering the growth of the market. Moreover, the escalating demand for water storage systems as a backup in several situations, such as water supply failure and emergency fire protection, is offering a lucrative growth opportunity to industry players. Furthermore, the increasing demand for clean drinking water in commercial buildings, such as hotels, restaurants, schools, warehouses, shops, and malls, is supporting the growth of the market.

Water Scooter Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

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.

Yamaha Motor Co. Ltd.

The report has segmented the market on the basis on region, vehicle type, propulsion type, 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

Asia-Pacific

Europe

Latin America

Middle East and Africa

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Key highlights of the report:

Market Performance (2017-2022)

Market Outlook (2023-2028)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

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.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
kamal.negi@imarcgroup.com