openPR Logo
Press release

Diving Equipment Market Set to Soar: Projected to Reach USD 4.59 Billion by 2030

Diving Equipment Market

Diving Equipment Market

๐ƒ๐ข๐ฏ๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐จ๐ข๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The global diving equipment market is experiencing substantial growth, driven by increasing interest in underwater exploration and advancements in diving technology. Valued at approximately USD 3.48 billion in 2023, the market is projected to reach USD 4.59 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.05% from 2024 to 2030.

๐ƒ๐ข๐ฏ๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐š๐ง๐ ๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

The rising popularity of recreational diving, coupled with technological innovations in diving gear, has significantly contributed to market expansion. Enhanced safety features and the development of eco-friendly equipment have further propelled market growth. Additionally, increasing disposable incomes and the growth of coastal tourism have expanded the consumer base for diving equipment.

๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/15083/

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐š๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐‘ซ๐’Š๐’—๐’Š๐’๐’ˆ ๐‘ฌ๐’’๐’–๐’Š๐’‘๐’Ž๐’†๐’๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ฝ๐’Š๐’†๐’•๐’๐’‚๐’Ž

Vietnam's rich marine biodiversity and growing tourism industry have spurred interest in diving activities. The government's initiatives to promote marine tourism have led to increased demand for diving equipment. While specific data on mergers and acquisitions in Vietnam's diving equipment sector is limited, the overall market is expected to grow in tandem with the tourism sector.

๐‘ซ๐’Š๐’—๐’Š๐’๐’ˆ ๐‘ฌ๐’’๐’–๐’Š๐’‘๐’Ž๐’†๐’๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐‘ป๐’‰๐’‚๐’Š๐’๐’‚๐’๐’…

Thailand, renowned for its diving spots, has seen a surge in diving tourism. The diving equipment market here is expanding, with local businesses collaborating with international brands to offer quality gear. Although detailed information on recent mergers and acquisitions is scarce, the market's growth trajectory remains positive.

๐‘ซ๐’Š๐’—๐’Š๐’๐’ˆ ๐‘ฌ๐’’๐’–๐’Š๐’‘๐’Ž๐’†๐’๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ฑ๐’‚๐’‘๐’‚๐’

Japan's advanced technology sector has influenced the diving equipment market, leading to the development of innovative and high-quality gear. The country's interest in underwater exploration has further boosted market growth. However, specific recent mergers and acquisitions in this sector are not prominently reported.

๐‘ซ๐’Š๐’—๐’Š๐’๐’ˆ ๐‘ฌ๐’’๐’–๐’Š๐’‘๐’Ž๐’†๐’๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ช๐’๐’๐’”๐’๐’๐’Š๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘บ๐’๐’–๐’•๐’‰ ๐‘ฒ๐’๐’“๐’†๐’‚

South Korea's diving equipment market is growing, supported by technological advancements and increased participation in water sports. While there is limited information on recent mergers and acquisitions, the market is characterized by a steady increase in demand for modern diving gear.

๐‘ซ๐’Š๐’—๐’Š๐’๐’ˆ ๐‘ฌ๐’’๐’–๐’Š๐’‘๐’Ž๐’†๐’๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ผ๐’‘๐’…๐’‚๐’•๐’Š๐’๐’ ๐’Š๐’ ๐‘บ๐’Š๐’๐’ˆ๐’‚๐’‘๐’๐’“๐’†

Singapore serves as a hub for diving enthusiasts in Southeast Asia. The market for diving equipment is evolving, with a focus on the latest technological advancements and safety features. Although specific recent mergers and acquisitions are not widely documented, the market continues to update and expand its offerings.

๐‘ซ๐’Š๐’—๐’Š๐’๐’ˆ ๐‘ฌ๐’’๐’–๐’Š๐’‘๐’Ž๐’†๐’๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ฎ๐’“๐’๐’˜๐’•๐’‰ ๐’Š๐’ ๐’•๐’‰๐’† ๐‘ผ๐’๐’Š๐’•๐’†๐’… ๐‘บ๐’•๐’‚๐’•๐’†๐’”

The United States boasts a significant number of diving enthusiasts, contributing to a substantial market for diving equipment. The market is expected to grow from $4.36 billion in 2023 to $4.75 billion in 2024 at a CAGR of 9.0%.

Major companies such as ๐‰๐จ๐ก๐ง๐ฌ๐จ๐ง ๐Ž๐ฎ๐ญ๐๐จ๐จ๐ซ๐ฌ ๐ˆ๐ง๐œ., ๐€๐ช๐ฎ๐š ๐‹๐ฎ๐ง๐  ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ, ๐š๐ง๐ ๐’๐ก๐ž๐ซ๐ฐ๐จ๐จ๐ ๐’๐œ๐ฎ๐›๐š ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ ๐ˆ๐ง๐œ. play pivotal roles in this market. Recent trends indicate a shift towards eco-friendly products, with companies introducing sustainable diving gear to meet consumer demand.

๐‘ซ๐’Š๐’—๐’Š๐’๐’ˆ ๐‘ฌ๐’’๐’–๐’Š๐’‘๐’Ž๐’†๐’๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ถ๐’‘๐’‘๐’๐’“๐’•๐’–๐’๐’Š๐’•๐’Š๐’†๐’” ๐’Š๐’ ๐‘ช๐’‰๐’Š๐’๐’‚

China's diving equipment market is expanding, driven by increasing disposable incomes and a growing interest in water sports. The market size is expected to reach USD 6.99 billion by 2034, growing at a CAGR of 4.4% between 2025 and 2034.

While specific recent mergers and acquisitions are not prominently reported, the market is characterized by a steady increase in demand for modern diving gear.

๐‘ซ๐’Š๐’—๐’Š๐’๐’ˆ ๐‘ฌ๐’’๐’–๐’Š๐’‘๐’Ž๐’†๐’๐’• ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• ๐‘ป๐’“๐’†๐’๐’…๐’” ๐’Š๐’ ๐‘ฌ๐’–๐’“๐’๐’‘๐’†

Europe represents a significant portion of the global diving equipment market, with countries like France, Germany, and Italy being prominent contributors. The market is projected to grow at a CAGR of 8.9% from 2023 to 2028, reaching $6.7 billion.

The region has witnessed collaborations among key players to enhance product offerings and expand market reach. For instance, ๐€๐ช๐ฎ๐š ๐‹๐ฎ๐ง๐  ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ has been active in expanding its product line and market presence across Europe.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/15083/

๐ƒ๐ข๐ฏ๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

๐๐ฒ ๐“๐ฒ๐ฉ๐ž

Rebreather
Exposure suit
Decompression chamber

The market is divided into three segments based on type: decompression chamber, exposure suit, and rebreather. The diving equipment market share is anticipated to be held by the rebreather category, which led the market in 2023. In the diving equipment market, the rebreather market is a niche market for breathing equipment that is very different from conventional open-circuit scuba systems. Rebreathers are especially popular in certain diving situations since they provide divers with a number of benefits. When diving, closed-circuit breathing devices called rebreathers are utilised. Rebreathers recycle the diver's exhaled breath, in contrast to open-circuit scuba systems that discharge it into the water.

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Commercial diving
Military diving
Civil diving

The market is divided into three segments according on application: commercial, military, and civil diving. The market for diving equipment was led by the commercial diving sector in 2023 and is anticipated to continue to do so during the forecast period. Underwater operations carried out for industrial, construction, maintenance, and inspection purposes are included in the specialised commercial diving part of the diving equipment industry. Underwater, commercial divers carry out a variety of duties, frequently related to building, infrastructure, and other industrial applications. Bridges, dams, pipelines, oil rigs, and submerged machinery are among the underwater infrastructure that commercial divers are frequently used to check and maintain.

๐๐ฒ ๐•๐ž๐ซ๐ญ๐ข๐œ๐š๐ฅ

Oil & Gas industry
Naval industry
Aquaculture industry

๐…๐จ๐ซ ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/15083/

๐ƒ๐ข๐ฏ๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐š๐ซ๐ž:

1. DESCO Corporation (Wisconsin, United States)
2. Dive rite (Lake City, Florida)
3. Atomic (United States)
4. Oceanic (California, United States)
5. Scubapro (California, United States)
6. Johnson Outdoors (United States)
7. Bare (Canada)
8. Body Glove (California, U.S.A.)
9. Henderson Aquatics (New Jersey, United States)
10. Hollis Gear (Chino, California, USA)

Europe Diving Equipment key players Include:
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)

Asia Pacific Diving Equipment leading players Include
1. Tusa (Tokyo, Japan)
2. IST Sports Corp. (Taipei, Taiwan)

๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐œ๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐ž๐๐ ๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐ซ๐จ๐ฆ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐ :

Small Satellite Market https://www.maximizemarketresearch.com/market-report/global-small-satellite-market/341/

Global Utility Asset Management Market https://www.maximizemarketresearch.com/market-report/global-utility-asset-management-market/1138/

Power Management System Market https://www.maximizemarketresearch.com/market-report/global-power-management-system-market/1157/

Instrument Transformers Market https://www.maximizemarketresearch.com/market-report/instrument-transformers-market/1226/

Wireless Display Market https://www.maximizemarketresearch.com/market-report/global-wireless-display-market/2023/

Global IoT Operating System Market https://www.maximizemarketresearch.com/market-report/iot-operating-systems-market/1575/

Wireless Display Market https://www.maximizemarketresearch.com/market-report/global-wireless-display-market/2023/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Set to Soar: Projected to Reach USD 4.59 Billion by 2030 here

News-ID: 3815054 • Views: โ€ฆ

More Releases from Maximize Market Research Pvt. Ltd.

Endometriosis Market estimatedโ€‚at USD 3.10 Billion by 2030
Endometriosis Market estimatedโ€‚at USD 3.10 Billion by 2030
The ๐„๐ง๐๐จ๐ฆ๐ž๐ญ๐ซ๐ข๐จ๐ฌ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 1.35 Billion in 2023 and the total Endometriosis Market is expected to grow at a CAGR of 12.6% from 2024 to 2030, reaching nearly USD 3.10 Billion. The expanding incidence of endometriosis along with the awareness regarding the disease is increasing the global endometriosis market, together with theโ€‚availability of therapeutics drugs for treatment, as well as ongoing research for drugs overโ€ฆ
Water Purifier Market is reaching nearly USD 95.16 Billion by 2032
Water Purifier Market is reaching nearly USD 95.16 Billion by 2032
๐–๐š๐ญ๐ž๐ซ ๐๐ฎ๐ซ๐ข๐Ÿ๐ข๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 44.07 Billion in 2024 and the total Water Purifier revenue is expected to grow at a CAGR of 10.1% from 2025 to 2032, reaching nearly USD 95.16 Billion. The growth is attributed to the increasing demandโ€‚for clean drinking water across the globe, the rising prevalence of waterborne diseases, and advancements in water purification technologies. However, given the growing menace of water pollutionโ€ฆ
Solar Microinverter Market is expected to reach USD 9.29 Bn by 2030
Solar Microinverter Market is expected to reach USD 9.29 Bn by 2030
Solar Microinverter Market is expected to reach US$ 9.29 Bn by 2030 The ๐’๐จ๐ฅ๐š๐ซ ๐Œ๐ข๐œ๐ซ๐จ๐ข๐ง๐ฏ๐ž๐ซ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ is expected to reach US$ 9.29 Bn by 2030, at a CAGR of 18.4% during the forecast period.Outstanding factors like the rising need for renewable energy and developing solar microinverters technology toโ€‚provide o to obtain energy conversion as well as system operation, contribute to this development. ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‹๐ข๐ง๐ค ๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/54983/ ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐ โ€‚๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌโ€ฆ
Electroplating Market is expected to reach USD 18.97 Bn by 2030
Electroplating Market is expected to reach USD 18.97 Bn by 2030
The ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ฉ๐ฅ๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ was valued at USD 15.54 Bn. in 2023. Global Electroplating Market size is expected to grow at a CAGR of 2.89 % through the forecast period.. Theโ€‚sustained growth can be largely attributed to the increasing demand for electroplating across the automotive, electronics, and manufacturing sectors. Electroplating is the process of using electric current to reduce dissolved metal cations so hat they form a thin coherent metal coatingโ€ฆ

All 5 Releases


More Releases for United

Movable Walls Market By Top Key Players- Hufcor (United States), Dormakaba (Swit โ€ฆ
Global Movable Walls Market Report from Advance Market Analytics (AMA) covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the electronic equipment market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the externalโ€ฆ
Military Personal Protective Equipment Market 2024 | 3M Ceradyne (United States) โ€ฆ
Military personal protective equipment has become a crucial and standard element of soldier equipment. One of the major factor driving the market is the increasing role of ground troops in different parts of the world such as Iraq, Afghanistan and India among others. The demand for military personal protective equipment is anticipated to be driven by modernization initiatives undertaken by several large defense spenders globally and various internal security threats,โ€ฆ
Infrared Sensor Market 2024 | Honeywell International, Inc. (United States), Tex โ€ฆ
Infrared sensors are devices emitting, detecting, receiving infrared waves as heat and infrared radiation. However, there are only a few among these sensors which are capable of only receiving the waves. Most of the infrared detectors are coated with either Fresnel lenses or parabolic mirrors for receiving infrared waves from an entire area. As these waves reach the sensor, it generates a voltage in different waves that is used forโ€ฆ
Internet of Things Market 2021 | Google Inc. (United States), Cisco Systems Inc. โ€ฆ
The Internet of Things refers to the network of physical objects that attribute an IP address for Internet connectivity. Internet of Things is defined as an invisible and intelligent network of things that communicate indirectly or directly with each other. Internets of Things enable communication between the physical objects and other internet-enabled systems and devices. In addition, Internet of Things also makes the life of consumers much more comfortable andโ€ฆ
Logistics Market | Global Growing Industry Key Players - J.B. Hunt Transport Ser โ€ฆ
Market Research Reports Search Engine (MRRSE) has recently updated its massive research catalog by adding a new study, titled โ€œLogistics Marketโ€. The study offers a clear insight about the prevailing trends and innovations happening in the Logistics Market. Readers can further access details about research highlights and executive summary to gain a better idea about this assessment. The market overview covers key industry developments and market opportunity map during theโ€ฆ
Global Logistics Market 2024 | Key Players : J.B. Hunt Transport Services (Unite โ€ฆ
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled โ€œLogistics Market โ€“ Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 โ€“ 2024โ€ which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. Request for a sample of this research report @ https://www.mrrse.com/sample/2184 Logistics isโ€ฆ