Diving Regulator Market Scope
A diving regulator is the most important piece of equipment that controls the pressure of breathing gas for diving. These regulators deliver air to the diver by using two separate “stages” to reduce the high pressure of the air from the tank. The factors such as Increased Disposable Income of the People, High Demand for Water Sports and Increased Number of Online Customers are driving the global diving regulator market.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Aqua Lung International (France), Johnson Outdoors Inc. (United States), Poseidon Diving Systems AB (Sweden), Oceaner Sporting Goods Canada Inc. (Canada), American Underwater Products (United States), Cressi (Italy), Sherwood Scuba, LLC (United States), Beuchat International (France) and Zeagle Systems (United States) |
CAGR | % |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Diving Regulator market throughout the predicted period.
Aqua Lung International (France), Johnson Outdoors Inc. (United States), Poseidon Diving Systems AB (Sweden), Oceaner Sporting Goods Canada Inc. (Canada), American Underwater Products (United States), Cressi (Italy), Sherwood Scuba, LLC (United States), Beuchat International (France) and Zeagle Systems (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are H2Odyssey (United States) and Atomic Aquatics (United States).
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.
Segmentation Overview
The study have segmented the market of Global Diving Regulator market by Type , by Application (Recreational Diving and Professional Diving) and Region with country level break-up.
On the basis of geography, the market of Diving Regulator 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).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In November 2023, Aqua Lung International announced a partnership with Mares Divegear, a leading Italian diving equipment manufacturer. The partnership will focus on research and development, manufacturing, and distribution of diving regulators and other diving equipment.
In September 2023, Atomic Aquatics, a Swiss diving regulator manufacturer, and Oceanic USA, a leading diving equipment distributor, announced a partnership to enhance their diving equipment offerings. The partnership will provide divers with access to a wider range of high-quality diving regulators and other diving equipment.
Influencing Trend:
Robust Increase in the Distribution Channels and Increased Number of Online Customers
Market Growth Drivers:
Increased Disposable Income of the People and High Demand for Water Sports
Challenges:
Rise in Fatal Accidents while Diving
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growth in the E-commerce Industry and Increasing Demand from End-users
Key Target Audience
Diving Regulator Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users