#scuba Scuba Diving Equipment Market Growth Factors with Key Drivers Forecast from 2019-2024 | Industry Analysis by Key Players, and Upcoming Trends – Sino News Daily
[ad_1] This “Scuba Diving Equipment Market” report 2019 delivers an in-depth impression, describing the Product/Industry Scope and expands market insights and forecasts to 2024. It shows market data by industry drivers, restraints and opportunities, also analyzes the market status, industry share, size, future trends and growth rate of the market. Scuba Diving Equipment market report
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This “Scuba Diving Equipment Market” report 2019 delivers an in-depth impression, describing the Product/Industry Scope and expands market insights and forecasts to 2024. It shows market data by industry drivers, restraints and opportunities, also analyzes the market status, industry share, size, future trends and growth rate of the market. Scuba Diving Equipment market report is categorized based on application, end-user, technology, the types of product/service, and others, as well as regions. Additionally, the report comprehends the calculated expected CAGR of the Scuba Diving Equipment market derivative from previous records about the Scuba Diving Equipment market and current market trends organized with future developments.
Market Overview:
The global scuba diving equipment market is estimated to register a CAGR of 6.41%, during the forecast period, 2019-2024
– America accounts for the largest share of the dive tourism market, with the United States being one of the most significant sources of markets for dive tourism. California and Florida are two of the top states in diving.
– There are also numerous programs and initiatives worldwide that enable business owners to establish and expand their scuba diving businesses.
– For instance, in January 2018, the Professional Association of Diving Instructors launched the PADI Travel business aiming to boost growth in the dive industry and to keep divers more engaged and active.<
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Scuba Diving Equipment market research report provides a definite industry standpoint, upcoming trends, and dynamics for market growth rate, market size, and key players of the industry with a forecast period of 2024.
Major Key Players of Scuba Diving Equipment Market:
Aqua Lung International
Johnson Outdoors
Huish Outdoors
Mares
Sherwood Scuba
Apollo Sports
Body Glove International
Cressi
Tabata Co. Ltd (TUSA)
Beuchat International SA
Diving Unlimited International
Henderson Divewear
Suunto Oy
Key Market Trends:
Increasing Popularity of Diving Destinations
– The Red Sea is one of the most attractive places for diving. Its increasing popularity has been providing the closest access to clear tropical waters for many European tourists.
– Historically, a majority of the diving activity takes places in Egypt, which has a large portion of the coastline, including some of the finest dive spots, such as Ras Muhammed, the Straits of Tiran, and the famous Thistlegorm wreck, a British armed Merchant Navy ship initially discovered by French oceanographer Jacques Yves Cousteau.
– At the turn of the millennium, the Egyptian government became more focused on diving tourism. It then observed that the overall number of visitors was increasing and would reach nearly 15 million a year by 2010.
– The government realized that tourists were not just visiting historical sites, such as the pyramids of Giza and Luxor, but were also interested in the Red Sea. Also, many tourists were non-divers initially who then, learned to dive in Egypt.
– However, there was a massive inrush of dedicated and certified divers to Egypt due to its unique marine environment.
– The Egyptian government appointed a new group to oversee the diving standards in the country, called the Egyptian Chamber of Diving and Watersports (CDWS).
– The CDWS was instructed to use ISO 24803 as the benchmark for dive center operations. Every dive center in the country was to be inspected and compared to this standard, in order to be allowed to operate legally. This was a major undertaking, as there were only about 250 centers at that time.
Rebreathers Becoming Commonplace at Dive Resorts
– Rebreathers have become commonplace at dive resorts and on live-aboard vessels. They were strictly used for military purposes and were not completely available to mainstream divers until very recently.
– The rebreathers that were released by companies in the past were far less developed than the ones available currently.
– An example is the USD 2,800 Fieno-S semi-closed rebreather for recreational divers launched by the Japan-based company, Grand Bleu Inc., in 1995. Over the years rebreathers have certainly become more expensive, as more improvements were made in them.
– In 2010, KISS introduced a lightweight GEM rebreather with an innovative mouthpiece that vents one-third of a breath. Rebreathers started to become mainstream when PADI launched its recreational rebreather course in 2011.
– One of the lower priced rebreather models available in the market is the KISS Orca Spirit, which has a barebones option that allows divers to purchase a diving system without mouthpiece, displays, and computers.
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Scope of the Report:
A complete background analysis of global scuba diving equipment market, which includes an assessment of the parental market, emerging trends by segments and regional markets, along with significant changes in market dynamics, and market overview is covered in the report.
Key Questions Answered in This Report:
- What will be the market size?
- What are the new opportunities?
- What is the market share?
- What is the targeted audience?
- Which are the top players in the market?
- How the competition goes in the market?
- Which are the leading countries?
- What are the challenges in the future?
What Scuba Diving Equipment Market Research Report Offers:
- Scuba Diving Equipment Market size, share assessments for the regional and country-level segments.
- market Trends, Drivers, Constraints, Growth Opportunities, Threats, Challenges, Investment Opportunities, and recommendations.
- Scuba Diving Equipment Market forecasts for 5 years along with historical data of all the mentioned segments, sub-segments, and the regional markets.
- Competitive landscaping mapping the key trends.
- Major company profiling with their detailed strategies, financials, and recent developments.
- Strategic recommendations for the new companies and start-ups.
- Supply chain trends mapping the latest technological advancements.
- Strategic recommendations in business segments based on market estimations.
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Detailed TOC of Scuba Diving Equipment Market 2019-2024:
1 INTRODUCTION
1.1 Scope of the Market
1.2 Market Definition
1.3 EXECUTIVE SUMMARY
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 Study Deliverables
3.2 Study Assumptions
3.3 Analysis Methodology
3.4 Research Phases
4 MARKET DYNAMICS
4.1 Drivers
4.2 Constraints
4.3 Opportunities
4.4 Government Regulations and Initiatives
4.5 Porters Five Forces Analysis
4.6 Industry Value Chain Analysis
4.7 Scuba Diving in Military Operations
4.8 Insights on Industrial (Commercial) Divers
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Regulators and Rebreathers
5.1.2 Bags and Apparel
5.1.3 Gauges and Dive Computers
5.1.4 Other Products
5.2 By Distribution Channel
5.2.1 E-commerce
5.2.2 Hypermarkets and Supermarkets
5.2.3 Specialty Stores
5.2.4 Other Distribution Channels
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 Latin America
5.3.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Aqua Lung International
6.1.2 Johnson Outdoors
6.1.3 Huish Outdoors
6.1.4 Mares
6.1.5 Sherwood Scuba
6.1.6 Apollo Sports
6.1.7 Body Glove International
6.1.8 Cressi
6.1.9 Tabata Co. Ltd (TUSA)
6.1.10 Beuchat International SA
6.1.11 Diving Unlimited International
6.1.12 Henderson Divewear
6.1.13 Suunto Oy
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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