Diving Equipment Market was valued at USD 3.48 Bn. in 2023 and is expected to reach USD 4.59 Bn. by 2030, at a CAGR of 4.05% during the forecast period.
Diving Equipment Market Report Overview:
Divers need specialised tools and equipment called diving equipment to explore and navigate underwater habitats. The purpose of this equipment is to offer functionality, comfort, and safety in the underwater environment. The particular equipment a diver employs varies depending on the kind of diving, the state of the water, and their own tastes. A variety of items are available in the diving equipment market to meet the needs of different kinds of divers, such as technical, professional, and recreational divers.
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Diving Equipment Market Report Scope and Research Methodology:
Diving equipment sales have increased dramatically as a result of people’s growing interest in underwater sports like scuba diving and snorkelling. The need for excellent, user-friendly diving equipment is growing as more individuals look for exciting and recreational opportunities. Continuous technical development is a major factor propelling the diving equipment industry. The USA Travel Association (USTA) predicted in November 2020 that travel expenditures will rise by 37.5% in 2021 and 14.2% in 2022.
Manufacturers of diving equipment make constant investments in R&D to bring cutting-edge features, designs, and materials. This includes improvements in regulator systems, lightweight, long-lasting materials used in equipment manufacturing, and dive computer technology.
Diving Equipment Market Regional Insights:
The research covers a detailed analysis of the market size and dynamics in North America, Canada, Mexico, Europe, Germany, France, Spain, Italy, Rest of Europe, Asia-Pacific, China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC, South America, Brazil, Middle East and Africa.
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Diving Equipment Market Segmentation:
By Type
Rebreather
Exposure suit
Decompression chamber
By Application
Commercial diving
Military diving
Civil diving
By Vertical Oil & Gas industry
Naval industry
Aquaculture industry
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Diving Equipment Market Key Players:
1. Aqualung (France)
2. Beuchat (Marseille, France)
3. Pirelli (Milan, Italy)
4. Mares (Rapallo , Italy)
5. Finland (Finland)
6. Sherwood Scuba
7. Apeks (Blackburn , UK)
8. Dive Rite (Lake City, Florida, USA)
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Key questions answered in the Diving Equipment Market are:
- What is Diving Equipment ?
- What are the Diving Equipment market segments?
- What is the expected Diving Equipment market size by 2030?
- What is the expected CAGR of the Diving Equipment market during the forecast period?
- What are the emerging trends in the Diving Equipment Market?
- What are the factors contributing to the final price of Diving Equipment ?
- What are the major challenges that the Diving Equipment Market could face in the future?
- Who held the largest market share in the Diving Equipment Market?
- Who are the key players in the Diving Equipment industry?
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment | 2023−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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