#scuba New Analysis from Global Industry Analysts Reveals Steady Growth for Scuba Diving Equipment, with the Market to Reach $4.6 Billion Worldwide by 2026 – Yahoo Finance

September 15, 2021 - Comment

SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Scuba Diving Equipment – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. Scuba Diving


SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Scuba Diving Equipment – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

Scuba Diving Equipment

Scuba Diving Equipment

FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 401
Companies: 44 – Players covered include Aqua Lung International; Johnson Outdoors Inc.; MARES S.p.A.; Oceanic Worldwide; Sherwood Scuba and Others.
Coverage: All major geographies and key segments
Segments: Product Type (BCD & Regulator, Cylinder & Diving Propulsion Vehicle, Exposure Suit, Decompression Chamber, Other Product Types)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Scuba Diving Equipment Market to Reach $4.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Scuba Diving Equipment estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2026, growing at a CAGR of 2.7% over the analysis period. BCD & Regulator, one of the segments analyzed in the report, is projected to record a 3.4% CAGR and reach US$1.7 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cylinder & Diving Propulsion Vehicle segment is readjusted to a revised 2.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.1 Billion in 2021, While China is Forecast to Reach $909.4 Million by 2026
The Scuba Diving Equipment market in the U.S. is estimated at US$1.1 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$909.4 Million by the year 2026 trailing a CAGR of 5.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.

Exposure Suit Segment to Reach US$717.4 Million by the year 2026
In the global Exposure Suit segment, USA, Canada, Japan, China and Europe will drive the 2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$466.8 Million in the year 2020 will reach a projected size of US$536.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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Email: ZA@StrategyR.com

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SOURCE Global Industry Analysts, Inc.

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