Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Diving Equipment Market Growing at Remarkable CAGR at 5.5% to 2025

May 16, 2019 (Heraldkeeper via COMTEX) --

Diving Equipment Market was valued at USD 3640.2 Million in 2018 and is projected to reach around USD 5295.3 Million by 2025, at a CAGR of 5.5% during the forecast period. The base year considered for the study is 2018 and the forecast period is 2019-2025. Growing demand for professional divers in oil & gas industry is one of the major factors drive the diving equipment market globally.

Key Players for Global Diving Equipment Market Reports

Some major key players for global Diving Equipment market are Cobhamplc, Dragerwerk AG & Co. KGaA, Divex Ltd., American Underwater Products, Aqua Lung International, Honeywell International, Inc., Apollo Military, Atlantis Dive, Johnson Outdoors, Submarine Manufacturing & Products Ltd, Henderson Aquatics, MARES, James Fisher, SMP, Haux-life-support, Royal IHC, SeaNet SA, Northern Diver Military, Comanex and others.

Browse the Full Report @ https://www.brandessenceresearch.com/consumer-goods/diving-equipment-market/

Global Diving Equipment Market Dynamics -

Increasing popularity of water sports, growth in disposable income and expenditure in recreational activities in emerging nations are the key factors drive the market growth for diving equipments. In addition, the growth in tourism industry in seaside countries is also anticipated one of the factors supplements the diving equipments market growth within the forecast period. But limited range of platforms for diving equipment and incidence of several diving accidents might hinder the growth of the market. However, the growing trend of professional diving for underwater recording & documentary creation, along with surging preference for water sports are anticipated to provide profitable opportunities for the market diving equipment in the coming future.

North America is Expected to Dominate the Diving Equipment Market

The North American region is expected to dominate the diving equipment market due to technological developments for the diving equipment and high disposable income to spend on recreational activities in this region. For instance; in 2016, there were around 3.11 million participants in scuba diving in the U.S., down from 3.27 million the previous year.

Asia Pacific region diving equipment market is likely to grow at the significant CAGR owing to the numerous creativities connected to dive tourism and marine-related research activities, this activity require frequent dives. In addition, increase in government spending for research and development initiatives and increase in disposable income in emerging nations such as India, China, Indonesia, Philippines, and Thailand experience rush in the number of diving activities, are also expected to foster the market growth in this region over the forecast period.

Get Sample Copy of this Report at https://www.brandessenceresearch.com/consumer-goods/diving-equipment-market/

Key Benefits for Global Diving Equipment Market Reports -

Global Diving Equipment Market report covers in-depth historical and forecast analysis.

Global Diving Equipment Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
Global Diving Equipment Market report helps to identify opportunities in marketplace.
Global Diving Equipment Market report covers extensive analysis of emerging trends and competitive landscape.

Diving Equipment Market Segmentation:-

By Type

BCD & Regulator
Cylinder & Diving Propulsion Vehicle
Decompression Chamber
Exposure Suit
Accessories
Others

By Distribution Channel

Specialty Store
Online
Others

By End-user

Military & Defense
Mining, Oil & Gas Industry
Dredging
Others
By Region
North America
U.S.
Canada
Europe
UK
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Mexico
Brazil
The Middle East and Africa
GCC
Africa
Rest of Middle East and Africa

Request for customization @ https://www.brandessenceresearch.com/build-report/

About us

As a leading market research reseller, we help businesses exploit market intelligence and leverage the in-depth analysis of market research to devise strategies in a competitive market. Our expertise in business domains helps us to curate and aggregate market research reports that offer a laser-like focus on the targeted segments. A slice of the market share is a hard won battle, and it takes the power of actionable insights to help businesses take timely decisions. The 'need of the hour' is inputs that are relevant and on time.

Contact Us
Alan Rufallo
Business Development Manager
Tel: +44-2038074155 / +91-7447409162
Email: alan@brandessenceresearch.com
Website: www.brandessenceresearch.com

********************************************************************** As of Sunday, 05-12-2019 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-17-2012 for HON @ $56.35. For more inform

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.


Extreme Futures: Movers & Shakers

Hottest

Actives

Gainers

Today's Hottest Futures
Market Last Vol % Chg
Loading...

close_icon
open_icon