Press Release

Global Scuba Diving Equipment Market is Expected to Reach US$ 1.2 Bn by 2023

Date : Oct 21, 2018

New report published by Global QYResearch which offers insights on the global Scuba Diving Equipment market. The Scuba Diving Equipment market has been experiencing steady growth graph since past years. In 2018 the global Scuba Diving Equipment market was valued at US$ 988 Mn and by the end of the assessment year (2023), it is estimated to touch a value more than US$ 1.2 Bn growing at a value CAGR of 3.5% throughout the period of forecast.

Global Scuba Diving Equipment Market: Market Driver and Restraint

Applications of Scuba Diving Equipment are anticipated to create business segments in the market. Scuba Diving Equipment is in use for a broad range of Recreational Diving. Recreational diving is performed strictly for enjoyment and includes a variety of distinct technical disciplines to extend interest underwater, like ice diving, wreck diving, cave diving and deep diving. Recreational Diving dominate the market with more than 80% of the market share.

Manufacturers are exploring the potential of Scuba Diving Equipment in Professional Diving. Scuba Divers could also be utilized professionally to perform tasks underwater. A number of these tasks square measure appropriate for breathing device. Skilled breathing device drivers are trained to manage things within which they'll face lightheadedness or problem.

Global Scuba Diving Equipment Market by Type

This segment includes Open Respiratory System and Closed Respiratory System. Open Respiratory System is the main type of Scuba Diving Equipment.

Open-circuit-demand scuba expels exhaled air to the environment, and requires each breath be delivered to the diver on demand by a diving regulator, which reduces the pressure from the storage cylinder and supplies it through the demand valve when the diver reduces the pressure in the demand valve during inhalation.

Closed respiratory system is also called the circular breathing apparatus (rebreather), this system provides the breathing cycle, make full use of oxygen in the breathing gas, prolonging the diving time. Divers use gas, the system will absorb carbon dioxide, and re injected into the appropriate oxygen supply to the diver.

This system can provide compressed air, high oxygen (Nitrox) or mixed gas for divers. The use of different gases, for diving time, different depth, to prevent divers disease (Decompression Sickness (also known as the "sickness")) or oxygen poisoning (Oxygen Toxicity).

Global Scuba Diving Equipment Market: Forecast by Region

North America, Europe, Asia-Pacific and Other are the regions that are included in this report. North America is the dominant market in the global Scuba Diving Equipment market in terms of value. The Asia-Pacific market is expected to expand at a fast rate in terms of revenue over the forecast period due to the steadily increasing demand of Scuba Diving.

Global Scuba Diving Equipment Market: Key Players

Aqualung, Johnson Outdoors, Head, Poseidon, Tusa, American Underwater Products , Saekodive, Cressi , Sherwood Scuba , Beuchat International , IST Sports, Seac, Dive Rite , Aquatec-Duton , Zeagles Systems , H2Odyssey and Atomic Aquatics.

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