DUBLIN--(BUSINESS WIRE)--Aug 24, 2018--The "Diving Equipment Market by Type and Distribution Channel - Global Opportunity Analysis and Industry Forecast, 2017-2025" report has been added to ResearchAndMarkets.com's offering.

The global diving equipment market size was valued at $3,731.4 million in 2017, and is expected to reach $5,106.7 million by 2025, registering a CAGR of 4.1% from 2018 to 2025.

The growth of the diving equipment market is attributed to rise in disposable income, introduction of low cost airlines, surge in travel & tourism, especially in coastal area, rise in demand to involve adventurous activities during family vacations.

In addition, rise in construction of sea links to facilitate the growth of trade and artificial construction of island in coastal cities such as Singapore, Dubai, and New York, is anticipated to foster the growth of the diving equipment market.

Moreover, increase in R&D for oil & gas and development of large hydroelectric power plants is anticipated to further foster the growth of the market.

Market Dynamics

Drivers

Surge in Coastal Tourism Rapid Increase in Disposable Income Rise in Industrial & Constructional Activities

Restraints

Rise in Number of Fatal Accidents Related to Diving Activities High Cost of Designing

Opportunity

Development of Ecofriendly & Sustainable Environment

Key Topics Covered

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Diving Equipment Market, by Type

Chapter 5: Diving Equipment Market, by Distribution Channel

Chapter 6: Diving Equipment Market, by Region

Chapter 7: Company Profiles

American Underwater Products Inc. Aqua Lung International Johnson Outdoors Inc. Mares S.P.A Poseidon Diving System AB Cressi Sub S.P.A Beuchat Aquatec - Duton Industry Co. Ltd. H2Odyssey Dive Rite

For more information about this report visit https://www.researchandmarkets.com/research/7mz6f3/global_5_1bn?w=4

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Related Topics:Sporting Goods and Equipment

KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA CENTRAL AMERICA SOUTH AMERICA AUSTRALIA/OCEANIA

INDUSTRY KEYWORD: SWIMMING OTHER SPORTS SPORTS

SOURCE: Research and Markets

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PUB: 08/24/2018 05:45 AM/DISC: 08/24/2018 05:45 AM

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