Press release
Diving Equipment Market Set to Soar: Projected to Reach USD 4.59 Billion by 2030
Diving Equipment Market
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.
๐๐ข๐ฏ๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
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.
๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/15083/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐ซ๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐
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.
๐ซ๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐๐
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.
๐ซ๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฑ๐๐๐๐
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.
๐ซ๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐
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.
๐ซ๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐
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.
๐ซ๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐
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 ๐๐จ๐ก๐ง๐ฌ๐จ๐ง ๐๐ฎ๐ญ๐๐จ๐จ๐ซ๐ฌ ๐๐ง๐., ๐๐ช๐ฎ๐ ๐๐ฎ๐ง๐ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ, ๐๐ง๐ ๐๐ก๐๐ซ๐ฐ๐จ๐จ๐ ๐๐๐ฎ๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฌ ๐๐ง๐. 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.
๐ซ๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ช๐๐๐๐
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.
๐ซ๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฌ๐๐๐๐๐
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, ๐๐ช๐ฎ๐ ๐๐ฎ๐ง๐ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ has been active in expanding its product line and market presence across Europe.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/15083/
๐๐ข๐ฏ๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฒ ๐๐ฒ๐ฉ๐
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.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
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.
๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐๐ฅ
Oil & Gas industry
Naval industry
Aquaculture industry
๐ ๐จ๐ซ ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ฎ๐๐ฒ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/15083/
๐๐ข๐ฏ๐ข๐ง๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐:
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)
๐๐๐ญ๐๐ฌ๐ญ ๐๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐๐๐ ๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ :
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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