Press release
Diving Equipment Market Growth Driven by Popularity of Water Sports, Expansion Towards $7.09 Billion by 2029
Diving Equipment Market Growth
Growing Popularity of Water Sports Projects Significant Diving Equipment Market Growth
What Is The Projected Market Size Of The Global Diving Equipment Market And Its Growth Rate?
The diving equipment market has witnessed considerable growth and is expected to follow the trend:
• 2024 Market Size: $4.66 billion
• 2025 Market Size: $5.07 billion (8.8% CAGR)
• 2029 Market Size: $7.09 billion (8.8% CAGR)
This brisk growth is credited to factors such as adventure tourism trends, evolving safety and training standards, health and wellness trends, environmental conservation efforts, global market expansion, and changing consumer preferences.
What Is Driving The Growth In The Diving Equipment Market?
The surge in popularity of water sports is anticipated to fuel the growth of the diving equipment market. Water sports not only serve recreational purposes but also the provisions of physical safety and comfort crucially depend on diving equipment. The rise in global participation in aquatic sports as evidenced by the substantial turnout of athletes at recent international water sports contests further substantiates this trend. Thus, the increasing popularity of water sports is set to drive the growth of the market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6117&type=smp
Who Are the Key Players Driving Diving Equipment Market Growth?
Major players operational in the diving equipment market include:
• IST Sports Corp.
• Johnson Outdoors Inc.
• Mares Italia S.p.A.
• Suunto Oy
• H2Odyssey Corporation
• Tabata Co. Ltd.
• Dive Rite Systems International LLC
• SeaQuest International LLC
• Huish Outdoors LLC
• Body Glove International
• Zeagle Systems Inc.
• Poseidon Sweden AB
• Cressi Sub SpA
• Henderson Aquatics LLC
• Apeks Valves Ltd.
What Are The Key Trends In The Diving Equipment Market?
Key trends in the market include:
• Technological integration
• Technological advancements
• Rise in recreational diving
• Sustainability and eco-friendly design
• Underwater photography and videography
What Are The Segments Of The Global Diving Equipment Market?
The global diving equipment market can be segmented as follows:
• By Type: Rebreather, Cylinders And Propulsion Vehicle, Decompression Chamber, Exposure Suits, Accessories, Other Types
• By Depth: Recreational Diving, Clearance Diving, Saturation Diving
• By End-User: Oil And Gas Industry, Naval Industry, Aquaculture Industry, Others End Users
• By Distribution Channel: Specialty Store, Online, Other Distribution Channels
Which Region Leads The Diving Equipment Market?
In 2024, North America dominated the global diving equipment market and is projected to be the fastest-growing region during the forecast period. The diving equipment market encompasses regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/diving-equipment-global-market-report
What Is Covered In The Diving Equipment Market Global Market Report?
• Market Size Analysis: Analyze the Diving Equipment Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Diving Equipment Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Diving Equipment Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Diving Equipment Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report
https://www.thebusinessresearchcompany.com/customise?id=6117&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company offers comprehensive, data-rich research and insights. With over 15,000+ reports from 27 industries covering 60+ geographies and armed with 1,500,000 datasets, it thrives on in-depth secondary research and unique insights from industry leaders for informed decision-making. The Global Market Model (GMM) remains its premier market intelligence platform delivering comprehensive and updated forecasts.
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 Growth Driven by Popularity of Water Sports, Expansion Towards $7.09 Billion by 2029 here
News-ID: 3840965 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Diving
Diving Tourism Market Poised for 15.9% CAGR Growth, Driven by Deep Diving Demand
According to a new report published by Allied Market Research, titled, "Diving Tourism Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Gender, by End User : Global Opportunity Analysis and Industry Forecast, 2023-2032." The research provides a current evaluation of the global market landscape, highlighting recent trends, key drivers, and the overall market environment. The study examines the main factors influencing industry expansion, analyzing both its…
Key Trend Reshaping the Diving Tourism Market in 2025: Advancements In Diving To …
What Are the Projections for the Size and Growth Rate of the Diving Tourism Market?
The market for diving tourism has seen rapid growth recently. Its size is anticipated to increase from $4.06 billion in 2024 to $4.52 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 11.4%. Several factors have contributed to this growth during the historic period. These include higher disposable incomes, a surge in interest for…
Scuba Diving Equipment Market Report 2024 - Scuba Diving Equipment Market Size A …
"The Business Research Company recently released a comprehensive report on the Global Scuba Diving Equipment Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive…
Diving Services Market Growing Trends and Demands Analysis, Technological Advanc …
"Diving Services Market" In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Diving Services Market players shared by Infinitybusinessinsights.com. This report will help the viewer in Better Decision Making.
At a projected CAGR of 10.4% from 2023 to 2030, the size of the worldwide diving services market is expected to reach USD 8.8 billion. The diving services market has expanded as a result…
Commercial Diving Market is set to Fly High Growth in Years to Come: Crux Diving …
Latest Study on Industrial Growth of Global Commercial Diving Market 2023-2031. A detailed study accumulated to offer the Latest insights about acute features of the Commercial Diving market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends…
Diving Dress Market 2019 Future Demand - Diving Unlimited International, Huish O …
Published via Market Research Place, a new market research study Global Diving Dress Market 2019 presents an inclusive study on market segmentation, future scope, development strategies, competitive breakdown, and regional forecast for 2019 to 2025 time-frame. The report focuses on the existing top players and upcoming competitors. The report puts a strong focus over some of the significant sections of the Diving Dress market, important factors boosting or obstructing the…
