Hot Air Ballooning Equipment Market - Surge in Adventure Tourism Activities is a Major Driver for the Global Hot Air Ballooning Equipment Market

This study researches the market size of Hot Air Ballooning Equipment in United States, European Union and China, presents the Hot Air Ballooning Equipment production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.

A hot air balloon is an aerostat in which the lifting force is based on hot air that is produced by a propane burner. Envelopes, baskets, and burners are the main components of a hot air balloon. Certain ancillary products used along with the normal components in a hot air balloon include fuel cylinders, special heat shields, inflation fans, accessories and spares, and other instruments.

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One driver influencing this market is the increasing participation in ballooning events across developing countries. The increase in participation in hot balloon events in developing countries is also driving the market. The surge in adventure tourism activities is also a major driver for the global hot air ballooning equipment market. The definition of tourism is changing rapidly as indicated by beachside vacation or regular sight-seeing holidays losing their market to adventurous activities such as skydiving, hot ball ballooning activities, surfing, rock or mountain climbing, caving, and other adventurous activities.

In 2018, the market size of Hot Air Ballooning Equipment is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.

In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hot Air Ballooning Equipment.

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In United States, European Union and China market, the following companies are covered:

Cameron Balloons

Firefly Balloons

Kubicek Balloons

Lindstrand Technologies

Ultramagic

...

Market Segment by Product Type

Envelopes

Baskets

Burners

Market Segment by Application

Passenger Ride

Advertising

Sports

Key Regions split in this report:

United States

China

European Union

Rest of World (Japan, Korea, India and Southeast Asia)

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The study objectives are:

To analyze and research the Hot Air Ballooning Equipment status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

To present the key Hot Air Ballooning Equipment manufacturers, presenting the sales, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

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