Diving Equipment Market By Type (LARS, Diving life support systems, Hyperbaric lifeboats and saturation systems, Deck Decompression Chamber), By End-user(Military & Defence, Mining, Oil & Gas Industry, Dredging), Industry Trends, Estimation & Forecast, 2017 - 2025
Diving Equipment Market is expected to grow with a CAGR of 4.07% during the forecast period of 2018 to 2025.
Diving equipment are the dive gears that help an underwater diver to remain underwater for long duration of time, along with enhancing the visibility in the water. The growth of tourism industry in coastal countries and increasing demand for divers in oil & gas industry are the major factors driving the growth of diving equipment market globally. However, limited range of platforms for diving equipment and occurrence of several diving accidents might hinder the growth of the market. On the other hand, increasing trend of professional diving for underwater filming & documentary making, along with surging preference for water sports are anticipated to provide profitable opportunities for the market in the near future. The global diving equipment market is highly competitive in nature, owing to the emergence of new technological advancements within the diving industry. New product innovation and technological advancements are the most adopted strategies among the key market players. In terms of region, North America is anticipated to garner the largest market share in terms of revenue due to the presence of several market players in the region. However, Asia-Pacific is expected to offer lucrative opportunities to the market players due to the growth of tourism industry in the region, along with the rising government initiatives in marine research and other professional diving activities.
The report provides detailed qualitative and quantitative analysis of the diving equipment market. Market size and forecast in terms of value and volume has been provided for the period - (2017-2025), for the segments namely type, and end-user in each of the major regions.
Diving Equipment Market Player Analysis -
The report presents detailed analysis of major players operating in diving equipment market. Few of the include James Fisher, SMP, Haux-life-support, Royal IHC, SeaNet SA, Northern Diver Military, and Comanex. Detailed coverage on these market players with information on their revenue from diving equipment business, market share, and their growth strategies have been provided in the report.
The diving equipment market is segmented on the basis of type, end-user, and geography. By type, the market is segmented into LARS, diving life support systems, hyperbaric lifeboats and saturation systems, deck decompression chamber, and others. On the basis of end-user, the market is segmented into military & defence, mining, oil & gas industry, dredging, and others. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, and Rest of the World.
Diving Equipment Market Segmentation
• Diving life support systems
• Hyperbaric lifeboats and saturation systems
• Deck Decompression Chamber
• Military & Defence
• Mining, Oil & Gas Industry
• North America
o Rest of Europe
o Rest of APAC
• Rest of the World
o Latin America
o Middle East
Diving Equipment Market Key Players
• Cobham plc
• 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
• James Fisher
• Royal IHC
• SeaNet SA
• Northern Diver Military