Dublin, December 31, 2020 (GLOBE NEWSWIRE) – Added Report “Diving Equipment – Global Market Trajectory & Analytics” ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Diving Equipment is expected to reach US $ 3 Billion in the year 2020, a revised volume of US $ 3.6 Billion by 2027, growing at a CAGR of 2.7% over the review period 2020- 2027. Rebreather, one of the segments examined in the report, is expected to record a CAGR of 3.3% and reach US $ 1.3 Billion by the end of the review period. Following an early study of the industrial impacts of the pandemic and the economic crisis it has caused, growth in the Cylinders & Delegation Vehicle sector has been read to a revised 2.3% CAGR for the next 7-years.
The US Dive Equipment market is estimated at US $ 797.5 Million in the year 2020. China, the second largest economy in the world, is expected to reach a projected market size of US $ 720.1 Million by the year 2027 slows a CAGR of 5.1% over the analysis period 2020 to 2027. Other geographic markets include Japan and Canada, all expected to grow at 0.6% and 2% respectively over the period 2020- 2027. Within Europe, Germany is expected to grow at around 1.2% CAGR.
In the Global Decompression Room sector, the US, Canada, Japan, China and Europe lead the estimated 2.3% CAGR for this sector. Those regional markets that account for a unified market size of US $ 333 Million in the year 2020 will reach a projected size of US $ 391.1 Million by the end of the study period. China will remain among the fastest growing in this group of regional markets. Led by countries such as Australia, India, and South Korea, the Asia-Pacific market is expected to reach US $ 486.9 Million by the year 2027, while Latin America will expand at a CAGR of 3.6 % during the study period. We will bring years of research experience to the 6th edition of our report. The 388-page report provides accurate insights into how the pandemic affected productivity and the purchasing side for 2020 and 2021. Gradual recovery is also addressed in the short term.
Competitors identified in this market include, but are not limited to:
- Apollo Australia P / L.
- International Aqua Lung
- Atlantis Dive
- Cobham PLC
- Dragerwerk AG & Co. KGaA
- Aquatics Henderson
- Honeywell International, Inc.
- Submarine Manufacturing & Products Limited.
- Kinetic underwater
Key topics covered:
I. INTRODUCTION, METHODOLOGY & RANGE OF REPORT
II. SUMMARY
1. OVERVIEW
- Worldwide Dive Equipment Market: Prelude
- U.S. Scuba Diving Market: Number of scuba diving participants in millions for the years 2010 through 2018
- Popular scuba diving in Germany: Number of people engaged in scuba diving as a leisure activity (in millions) by frequency for the years 2014-2018
- Global Dive Equipment Market: Percentage breakdown of sales by circulation channel for 2019 and 2025
- Rebreather emerges as the largest product segment
- Commercial Diving: High Growth Market
- Global competitive market shares
- Worldwide market share of diving equipment competitors (in%): 2019 & 2025
- Leading Manufacturers of Scuba Dive Equipment worldwide: Review
- Covid-19 impact and global economic downturn
2. A WORD ON SELECT PLANS
3. MARKET RESULTS & DIFFERENCES
- Increased consumption of recreational diving activity due to disposable income fuel growth growth in diving equipment market
- Dive Equipment Market ready to take advantage of the rapid growth of the inshore and diving tourism industry
- Rising Demand for Professional Diving Services in the Oil & Gas Industry and Hydro Projects: Opportunity for Growth
- Increase in Coastal Oil & Gas E&P Activity Translating into Growth for Diving Equipment Market: Oil & Gas Investment and Production (E&P) in $ Billion for the Year 2015 through 2019
- Global Drilling Activity: Number of coastal and offshore wells drilled for the period 2012-2018
- Worldwide Offshore Investment (in US $ Billion): Breakdown by Greenfield, Brownfield and Research Projects for the Years 2018, 2020, 2022 and 2024
- Offshore wind farm development initiatives grow best demand for Professional Diving Equipment: New Outdoor Wind Power Capacity and Expected GW for the years 2018, 2020, 2022 and 2024
- The Veritas Bureau will release new rules for professional diving systems
- Potential growth opportunities for Diving Equipment from underwater filming and documentary range
- The importance of combat divers fuel demand for diving equipment
- Regenerators enable more water connections for recreational divers
- Review of Selected David Popular Diversions
- Select Closed Circle Redirectors: Review
- More incidents of diving accidents are hindering market growth
- Number of dive deaths by region and country for the year 2016
- Number of dive deaths by state / continent in the US and Canada for the year 2016
- Health Issues and Concerns Injuries during underwater divers adversely affect the diving equipment market
- Innovations & Advances
4. GLOBAL MARKET VIEW
III. MARKET ANALYSIS
ANALYSIS OF HUMAN MARKETS
IV. TABLE
For more information about this report, visit https://www.researchandmarkets.com/r/3lmbb
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