About Diving And Survival Equipment
Diving gear is a kind of utility product used by means of underwater divers to make the technique of diving less difficult for many functions such as lookup and development, entertainment diving, preservation defence, and so on. Underwater respiratory apparatus, bouncy administration devices, diving suits, and different objects are required for diving. A survival package is a set of fundamental equipment and substances packed to assist human beings live to tell the tale in the tournament of an emergency. Survival kits are established in civil and navy aeroplanes, lifeboats, and spaceships. Survival kits come in a vary of sizes and consist of substances and equipment to provide a survivor with fundamental safety towards the weather, hold them warm, meet fundamental fitness and first-aid needs, provide meals and water, sign rescuers, and aid in finding help. A knife, matches, tinder, first resource kit, bandana, fish hooks, stitching kit, and flashlight are generally covered in a survival kit.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Diving And Survival Equipment market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aqua Lung (France), Armor Products LLC (United States), Atomic Aquatics, Inc. (United States), Bauer Compressors, Inc. (United States), Beuchat International S.A. (France), Zeagle Systems, Inc. (United States), American Underwater Products (United States), Aerotecnica Coltri S.p.A. (Italy), Dive Rite (United States) and Johnson Outdoors (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Aqua Lung International (United States), Mares S.p.A. (Italy), Sherwood Scuba (United States), Apollo Sports USA Inc. (United States) and Scubapro Uwatec (United States).
Segmentation Overview
AMA Research has segmented the market of Global Diving And Survival Equipment market by Type (Mask & Fins, Apparels, Buoyancy Compensator, Weighting System, Tanks and Breather, Regulators and Other), Application (Tourism, Entertainment Industry, Marine Exploration and Other) and Region.
On the basis of geography, the market of Diving And Survival Equipment 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). If we see Market by Diving, the sub-segment i.e. Night Diving will boost the Diving And Survival Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adopting collaboration and acquisition strategies to develop and commercialize
Market Growth Drivers:
Increasing interest among people towards discovering and exploring different forms of underwater life
Challenges:
Rising water temperature and coral bleaching which negatively affect aquatic life due to direct as well as indirect pollution
Restraints:
High cost associated with equipment’s and Stringent government regulations related to environment protection
Opportunities:
Avoid any damage to marine life, development of eco-friendly diving products
Market Leaders and their expansionary development strategies
In December 2023, The Barings investment management firm has announced that it has completed its acquisition of the Aqualung Group, one of the world’s best-known manufacturers of scuba diving equipment. In this acquisition present that, strategy to accelerate sustainable growth in global diving industry.
In 2021, Aqualung, the leading global designer and manufacturer of dive and water sports gear, announced the launch of its all new XSCAPE collection. Featuring a 100 percent neoprene-free wetsuit and a rash guard made from sustainable materials, the XSCAPE line is designed for a variety of water activities and reflects Aqualung’s commitment to innovation, ocean discovery and sustainability.
Key Target Audience
Diving and Survival Equipment Manufacturers, Diving and Survival Equipment Distributors, Government associations, Market research and consulting firms, Venture capitalists and investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.