NEW YORK, February 8, 2022 /PRNewswire/ — According to the research report “Air Sports Equipment Market by Product, Application and Geography – Forecast and Analysis 2021-2025”, the market will grow 4.12% CAGR in 2021 at a CAGR of 6 .39% over the forecast period. The report is segmented by Product (Paraglider, Canopy & Reserve Parachute, Container & Harness, Protective Gear & Others), Application (Skydiving, Paragliding, BASE Jumping & Bungee Jumping) and Geography (EuropeACPA, North America, South Americaand MEA).
For more information on YOY and CAGR, Read our FREE sample report
The Air Sports Equipment Market report covers the following areas:
Supplier Information
The air sports equipment market is fragmented, and vendors are deploying growth strategies in terms of pricing, quality improvement, technological advancements, branding, and product differentiation to compete in the marketplace. The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:
Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read a free sample report.
Geographic Market Analysis
Europe will provide maximum growth opportunities in the air sports equipment market over the forecast period. According to our report, the region will contribute to 52% of the global market growth and is expected to dominate the market till 2025. Germany, Francethe UK and Italy are the main countries for the air sports equipment market in Europe. Market growth in this region will be faster than market growth in other regions. A large number of emerging tourist destinations will drive the growth of the air sports equipment market by Europe during the forecast period.
Learn more about the geographical distribution of this market along with the detailed analysis of major regions. View our report preview
Analysis of key segments
the paraglider, canopy and reserve parachute segment will experience significant growth in its market share over the forecast period. A large number of people adopt paragliding as an adventure sport. Also, factors such as increasing number of training institutes for paragliding courses and product innovations are expected to contribute to the growth of the market over the forecast period.
See a FREE sample: to know additional highlights and key points on various market segments and their impact in the coming years.
Key Market Drivers and Challenges:
One of the major drivers for the growth of the air sports equipment market is the growing importance of competitive air sports. Extreme adventure sports such as paragliding, skydiving and others have become popular as recreational activities. Moreover, a significant increase in the number of health-conscious consumers is expected to accelerate the demand for adventure activities such as alternative physical activities.
The growth of the air sports equipment market is being held back by the risk of serious injury and fatal accidental falls associated with aerial sports. Improper landing techniques and incorrect use of equipment due to insufficient knowledge or training can lead to accidents. These factors may hinder the growth of the market during the forecast period.
Download a free sample for highlights on the drivers and market challenges affecting the Air Sports Equipment market.
Customize your report
Don’t miss the opportunity to talk to our analyst and learn more about this market report. Our analysts can also help you customize this report to suit your needs. Our analysts and industry experts will work directly with you to understand your needs and provide you with personalized data in a short period of time.
We offer $1,000 FREE personalization value at time of purchase. Talk to our analyst now!
Highlights
-
Market CAGR over the forecast period 2021-2025
-
In-depth information on factors that will contribute to the growth of the Air Sports Equipment market over the next five years
-
Estimation of the size of the Air Sports Equipment market and its contribution to the parent market
-
Predictions on upcoming trends and changes in consumer behavior
-
The growth of the air sports equipment market
-
Market Competitive Landscape Analysis and Detailed Vendor Information
-
Comprehensive details of factors that will challenge the growth of the Air Sports Equipment Market vendors
Related reports:
Climbing Equipment Market by Product, Distribution Channel and Geography – Forecast and Analysis 2021-2025
Bicycle Helmets Market by Type and Geography – Forecast and Analysis 2022-2026
|
Scope of the Air Sports Equipment Market |
|
|
Report cover |
Details |
|
Page number |
120 |
|
Year of reference |
2020 |
|
Forecast period |
2021-2025 |
|
Growth momentum and CAGR |
Accelerate at a CAGR of 6.39% |
|
Market Growth 2021-2025 |
$842.57 million |
|
Market structure |
Fragmented |
|
Annual growth (%) |
4.12 |
|
Regional analysis |
Europe, APAC, North America, South America and MEA |
|
Successful market contribution |
Europe at 52% |
|
Main consumer countries |
United States, Germany, France, United Kingdom and Italy |
|
Competitive landscape |
Leading Companies, Competitive Strategies, Consumer Engagement Reach |
|
Profiled Key Companies |
Adrenalin Base, Adrenalin Dreams Inc., Aerodyne Research LLC, Apco Aviation Ltd., Flyneo.com, GLH Systems Pty Ltd., OZONE GLIDERS LTD., Phoenix Fly, SUPAIR SAS and Velocity Sports Equipment |
|
Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis market for the forecast period |
|
Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
About Us:
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
View original content to download multimedia: https://www.prnewswire.com/news-releases/air-sports-equipment-market-size-to-grow-by-usd-842-57-million–market- research-insights-highlight-the-growing-importance-of-competitive-air-sports-as-a-key-driver–technavio-301475683.html
SOURCETechnavio
