Global Paramotors Market Expected to Witness a Sustainable Growth over 2024– Top Key players like– Top Key players like BlackHawk paramotor,Fresh Breeze,Adventure,Inc.
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Paramotor is the generic name for the harness and propulsive portion of a powered paraglider ("PPG"). There are two basic types of paramotors; foot launch and wheel launch. Foot launch models consists of a frame that combines powerplants (engine), caged propeller, and harness (with integrated seat) attached with quick release buckles to the operator's back.
The global paramotor market largely derives its growth from the tourism industry. Increasing urbanization, changing demographics, evolving lifestyle, increased awareness of new products, growth in outdoor vacation trips, and rise in dual household incomes have helped the market grow.
The improved distribution channels and marketing initiatives through digital channels and rise in the interest and participation of consumers in outdoor activities are factors that play a crucial role in the increased demand for adventure sports equipment including paramotor.
The segments of the global paramotor market on the basis of type are 2-stroke and 4-stroke paramotors. Amongst them, the segment of 2-stroke dominates in terms of revenue and the trend is expected to continue over the forecast period.
According to this study, over the next five years the Paramotors market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 18 million by 2024, from US$ 15 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Paramotors business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Market Segment by Type, covers
Market Segment by Applications, can be divided into
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North America Paramotors Market Growth 2019-2024
United States Paramotors Market Growth 2019-2024
Asia-Pacific Paramotors Market Growth 2019-2024
Europe Paramotors Market Growth 2019-2024
EMEA Paramotors Market Growth 2019-2024
Global Paramotors Market Growth 2019-2024
China Paramotors Market Growth 2019-2024
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