The
global scuba diving equipment market is anticipated to grow at a significant CAGR of
9% during the forecast period. Scuba diving is one of the most practised sea
activities by sea explorers. Lately, there is a significant rise of marine
researchers across the globe, who spend half a year underwater for conducting
marine research. Very recently, the industry witnesses much progress since it
receives significant funding for training and development purpose.
Scuba
diving equipment market is driven by rise in popularity of water sports and
demand for diving kits by tourists. Increase in global tourism and low cost
airline is likely to propel the market growth during the forecast period.
Government initiatives and marketing techniques for promotion of marine
activities are supplementing the market demand for scuba diving equipment.
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Preference
by honeymoon couples for sea-side destination is another trend observed in the
recent years. However, fatalities caused due to non-professional conduct of
scuba divers and significant costs for procuring diving equipment is likely to
hinder the market growth in the forecast period.
Product
segmentation for scuba diving equipment industry involves diving computers and
gauges, bags and apparel and rebreathers and regulators. Bags and apparel
account for a significant market share due to rise in travel and tourism.
Market is geographically segmented as North America, South America, Europe,
Asia-Pacific, Middle East and Africa. North America dominates the global market
scenario owing to technological developments and strategic presence of key
players. APAC diving equipment market is anticipated to grow at a higher CAGR
owing to various initiatives pertaining to travel & tourism industry.
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Market Segment:
The major manufacturers covered in this
report
•
Aqualung
•
Johnson Outdoors
•
Head
•
Poseidon
•
Tusa
•
American Underwater Products
•
Saekodive
Geographically, this report studies the
key regions, focuses on product sales, value, market share and growth
opportunity in these regions, covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
•
Open Respiratory System
•
Closed Respiratory System
On the basis of the end
users/applications, this report focuses on the status and outlook for major
applications/end users, (sales), market share and growth rate for each
application, including
•
Recreational Diving
•
Professional Diving
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