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Global Market for Diving Equipment

Dublin, Feb. 02, 2023 (GLOBE NEWSWIRE) — The “Diving Equipment – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Diving Equipment estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$5.5 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030.

Rebreather, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$2 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Cylinders & Propulsion Vehicle segment is readjusted to a revised 3.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 6.3% CAGR

The Diving Equipment market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 6.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$718.2 Million by the year 2030.

Select Competitors (Total 253 Featured) –

• Apollo Australia P/L

• Aqua Lung International

• Atlantis Dive

• Cobham PLC

• Dragerwerk AG & Co. KGaA

• Henderson Aquatics

• Honeywell International, Inc.

• Submarine Manufacturing & Products Ltd.

• Underwater Kinetics

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

• Global competitiveness and key competitor percentage market shares

• Market presence across multiple geographies – Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and Research Platform

• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• Diving Equipment Market Worldwide: A Prelude

• US Scuba Diving Market: Number of Scuba Diving Participants in Millions for the Years 2010 through 2018

• Popularity of Scuba Diving in Germany: Number of People Engaged in Scuba Diving as Leisure Activity (in Millions) by Frequency for the Years 2014-2018

• Global Diving Equipment Market: Percentage Breakdown of Sales by Distribution Channel for 2019 and 2025

• Rebreather Emerges as the Largest Product Category

• Commercial Diving: A High Growth Market

• Diving Equipment – Global Key Competitors Percentage Market Share in 2022 (E)

• Leading Manufacturers of Scuba Diving Equipment Worldwide: A Review

• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Increased Spending on Recreational Diving Activities on Account of Rising Disposable Incomes Fuels Growth in Diving Equipment Market

• Diving Equipment Market Set to Benefit from the Rapid Growth of Coastal and Dive Tourism Industry

• Rising Demand for Professional Diving Services in Oil & Gas Industry and Hydroelectric Projects: Opportunity for Growth

• Increase in Offshore Oil & Gas E&P Activity Translates into Growth for Diving Equipment Market: Oil & Gas Exploration and Production (E&P) Investment in $ Billion for the Years 2015 through 2019

• Global Drilling Activity: Number of Onshore and Offshore Wells Drilled for the Period 2012-2018

• Worldwide Offshore Investments (in US$ Billion): Breakdown by Greenfield, Brownfield and Exploration Projects for the Years 2018, 2020, 2022 and 2024

• Growing Offshore Wind Farm Development Initiatives Favor Demand for Professional Diving Equipment: Current and Projected New Offshore Wind Energy Capacity in GW for the Years 2018, 2020, 2022 and 2024

• Bureau Veritas Releases New Rules for Professional Diving Systems

• Potential Growth Opportunities for Diving Equipment from the Field of Underwater Filming and Documentaries

• Growing Importance of Combat Divers Fuels Demand for Diving Equipment

• Rebreathers Enable More Intimate Aquatic Encounters for Recreational Divers

• A Review of Select Popular Diving Rebreathers

• Select Closed Circuit Rebreathers: A Review

• Increasing Incidents of Diving Accidents Restraints Market Growth

• Number of Diving Fatalities by Region and Country for the Year 2016

• Number of Diving Fatalities by State/Province in the US and Canada for the Year 2016

• Health Issues and Injury Concerns during Underwater Dives Adversely Impact Diving Equipment Market

• Innovations & Advancements

• PRODUCT OVERVIEW

• Diving Equipment

• Rebreather

• Cylinders & Propulsion Vehicle

• Decompression Chamber

• Exposure Suits

• Accessories

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/s4dq83-equipment?w=12

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CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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