Diving Equipment Market : Comprehensive Study Explores Huge Growth in Future | Leading Key Players Mares S.p.A, Poseidon Diving System AB, Cressi Sub s.p.a, Beuchat, AQUATEC - DUTON INDUSTRY CO and Others
Diving equipment are utility products used while going under water. Diving may involve recreational, R&D, and defense activity. The growth of the diving equipment market is attributed to rise in disposable income, introduction of low cost airlines, surge in travel & tourism, especially in coastal area, and rise in demand to involve adventurous activities during family vacations. In addition, rise in construction of sea links to facilitate the growth of trade, and artificial construction of island in coastal cities such as Singapore, Dubai, and New York, is anticipated to foster the growth of the diving equipment industry. Moreover, increase in R&D for oil & gas and development of large hydroelectric power plants is anticipated to further foster the growth of the market.
Asia-Pacific is anticipated to witness high growth as large number of travelers, backpackers, and honeymoon couples seek for the most out of their vacation by including adventure activities in their itinerary. Australia, Thailand, and Philippines are some of the most opportunistic markets for diving equipment.
By type, the BCD & regulator segment was the highest contributor in 2017. These products are used by approximately 35%-38% of the divers. The exposure suit segment is anticipated to witness the highest growth, as it is the most common equipment and undergoes high wear & tear.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/4754?utm_source=OpenPR
Key Findings of the Diving Equipment Market:
• By type, the BCD & regulator segment dominates the global diving equipment market and is expected to grow at a high CAGR of 4.5%, in terms of revenue, during the forecast period.
• By distribution channel, the specialty store segment contributes to close to half of the global market in 2017 and is anticipated to grow at a notable CAGR of 4.0%, from 2018 to 2025.
• By distribution channel, the online segment contributed more than one-fourth of the global market and is expected to witness the highest growth rate at a CAGR of 4.8% in terms of value.
• By type, the exposure suit segment is the most commonly used equipment and is anticipated to witness a CAGR of 5.4% during the forecast period.
• The Asia-Pacific region dominates the global diving equipment market, and is estimated to hold more than one-fourth of the global market in terms of revenue and is anticipated to witness the highest growth rate during the forecast period.
The major companies profiled in this report include American Underwater Products, Inc., Aqua Lung International, Johnson Outdoors Inc., Mares S.p.A, Poseidon Diving System AB, Cressi Sub s.p.a, Beuchat, AQUATEC - DUTON INDUSTRY CO., LTD., H2Odyssey, and Dive Rite.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4754?utm_source=OpenPR
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Diving Equipment Market : Comprehensive Study Explores Huge Growth in Future | Leading Key Players Mares S.p.A, Poseidon Diving System AB, Cressi Sub s.p.a, Beuchat, AQUATEC - DUTON INDUSTRY CO and Others here
News-ID: 1602266 • Views: 687
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for Diving
Global Market Insights of Diving Suit - Patagonia, Quiksilver, Huish Outdoors, L …
With the growing R&D initiatives leading to continuous product innovations by the companies concentrated in the advanced economies such as the US, this region will continue to dominate the diving suit market during the next few years as well. increasing adoption of modern technologies including the no-stitch technology is facilitating the launch of innovative diving suits. The diving suit market is characterized by the presence of several numbers of companies.
Global Diving Wetsuit Market
The Global Diving Wetsuit Market Research Report Forecast 2017-2021 is a valuable source of insightful data for business strategists. It provides the Diving Wetsuit industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. Request for discount @ https://www.researchtrades.com/discount/1186337 This Diving Wetsuit market study provides comprehensive data which enhances the
Global Diving Mask Sales Market Report 2017
Report Hive Market Research Released a New Research Report of 121 pages on Title " Global Diving Mask Sales Market Report 2017 "with detailed Analysis, Forecast and Strategies. A plunging cover (additionally half veil, jump cover or scuba cover) is a thing of jumping hardware that permits submerged jumpers, including, scuba jumpers, free-jumpers, and snorkelers to see unmistakably submerged. Surface provided jumpers more often than not utilize a full face veil
World Dry Layers Market 2017 - Bare Sports, Apeks Diving, Santi Diving, NeoSport …
Global Dry Layers Market 2017, presents a professional and in-depth study on the current state of the Dry Layers market globally, providing basic overview of Dry Layers market including definitions, classifications, applications and industry chain structure, Dry Layers Market report provides development policies and plans are discussed as well as manufacturing processes and cost structures. Dry Layers market size, share and end users are analyzed as well as segment markets
Global Diving Mask Market Research Report 2017
This report studies Diving Mask in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Sherwood Scuba Cressi-Sub SPETTON Aqua Lung Seac Sub Imersion Riffe International Scubapro Subgear Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=788315&ptitle=Global+Diving+Mask+Market+Research+Report+2017&req=Sample Tabata Deutschland Tusa Procean Oceanic WorldWide Northern Diver Body Glove Mares H. Dessault Beaver Beuchat Typhoon International Poseidon Hydro Optix Action Plus Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and
TECHNICAL WRECK EXPLORATION DIVING IN ASIA
Fully-equipped technical diving vessel in Singapore offers exploration dive trips to the great shipwrecks of the South China Sea. Singapore, May 8, 2011 – Deepstar Marine Pte Ltd, a Singapore-based company, was founded by diving enthusiast and instructor, Simon Kee, in 1999. His passion for deep sea diving made him pursue greater heights in diving education, in an effort to uphold and impart the great discipline and knowledge of technical diving