Press release
BASE Jumping Equipment Market To Witness Rapid Growth In Demand During 2022 - 2032 : Fact.MR
The market value of BASE jumping gear sales worldwide is expected to reach US$ 228.9 million in 2022 and US$ 356 million by the end of 2032. Between 2022 and 2032, the market for BASE jumping equipment is expected to grow at a CAGR of 4.5%.In order to ensure the safety of those taking part in BASE jumping, safety gear including BASE jumping parachutes, BASE jumping helmets, and BASE jumping harnesses is absolutely essential.
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Key Segments in BASE Jumping Equipment Industry Research
BASE Jumping Equipment Market by Product Type :
BASE Jumping Containers or BASE Jumping Harness Systems
BASE Jumping Canopies
BASE Jumping Wingsuits
BASE Jumping Helmets
Other Product Types
BASE Jumping Equipment Market by Application :
Recreational Users
Professional Users
BASE Jumping Equipment Market by Region :
North America
Latin America
Europe
APAC
MEA
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Competitive Landscape
BASE jumping equipment suppliers are focusing on launching new and innovative products to expand their business potential and increase their revenue generation capacity over the years to come.
In 2020, BMW, a leading car manufacturer, unveiled a one-of-its-kind wingsuit strapped with two motors. Peter Salzmann, an Austrian BASE jumper and wingsuit pilot, flew this wingsuit of the future and gave a real-life demonstration of what possibilities this innovative design opens up for the world.
BASE jumping equipment manufacturers are expected to work on similar advanced and innovative products to reduce the risk of life for BASE jumpers.
North America & Europe Account for Hold Significant Market Share
North America will hold a significant 28.9% market share in the global BASE jumping equipment market in 2022, with a market value of US$ 66 million.
Major factors that could favour the expansion of the BASE jumping equipment market in this region include the rising popularity of adventure sports and the increase in the number of athletes taking BASE jumping lessons.
Sales of BASE jumping equipment in this region are anticipated to be primarily driven by the high level of tourism in Europe. Through 2032, it is expected that the most profitable markets in this region will be Germany, France, Norway, and the United Kingdom.
A thorough analysis of market trends and potential for BASE jumping equipment has been put up by Fact.MR, a provider of market research and competitive intelligence.
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