Paragliding Equipments Market Scope
Paragliding is one type of adventurous air sport that permits free-flying activity where the contestants need different types of equipment like gliders, harness parachutes, helmets, and other equipment for protection purpose. Busy and hectic lifestyles had increased the necessity of such de-stressing activities. Additionally, growing health consciousness and need of staying fit and healthy are driving people towards alternative and enthusiastic physical activities like paragliding. Go-Pro cameras are newly launched in these field. These cameras are handy, which allows jumpers to enjoy the adrenaline-fueled action & record their experiences better than normal cameras. Key players are investing lots of money in technological advancement to improve the features of their product and to make it more safety for the audience.
According to AMA, the Global Paragliding Equipments market is expected to see growth rate of 4.21%Key players are adopting numerous strategy to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnership to adopt certain technologies and acquiring small players to finish competition in the future. Research Analyst at AMA estimates that European Manufacturers will contribute to the maximum growth of Global Paragliding Equipments market throughout the predicted period.
Ozone Gliders (United Kingdom), ADVANCE (Switzerland), NOVA (United States), Supair (Netherlands), Dudek Paragliders (Poland), ICARO Paragliders (Germany), Independence paragliding (Germany), SOL Paragliders (Brazil), COMPASS (Italy), Swing Flugsportgerate (Germany) and U-Turn (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are AirCross (Europe), APCO Aviation (Israel), NEO (France) and Windtech - Nortec (Spain).
Segmentation Overview
The study have segmented the market of Global Paragliding Equipments market by Type (Paragliders, Harnesses and Reserve Parachutes, Protective Gears and Other) and Region with country level break-up.
On the basis of geography, the market of Paragliding Equipments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Advent of Go-Pro cameras and auto-follow drones, Occurrence of online reviews and easy Internet access and Introduction of helmet cameras
Market Growth Drivers:
Increasing popularity of paragliding training programs and courses and Upsurge in the number and availability of adrenaline-boosting extreme sports activities
Restraints:
High set-up cost of equipment and Audience anxiety towards height & accident
Opportunities:
Continuous improvements in standard of living and Technological advances to offer innovative equipment and improved product features
Key Target Audience
Products manufacturers, Raw material suppliers, Private utility players, Government and research organizations, Distributors and traders and End users
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.