Global Diving Compressor Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2023 –2030 |
 Market Size (Base Year) |
USD 120.00 Million |
 Market Size (Forecast Year) |
USD 173.28 Million |
 CAGR |
% |
| Major Markets Players |
Global Diving Compressor Market, Product Type (Mobile, Stationary), Application (Fishing, Rescue, Sports, Others), Type (Volume Compressor, Speed Compressor) – Industry Trends and Forecast to 2030.
Diving Compressor Market Analysis and Size
The demand for adventurous sports and diving activities makes it imperative with technological advances. The diving compressor has made it simpler to fill gas tanks, which helps divers compete successfully. Significant market drivers include technological advances, rapid urbanization, rising disposable personal income, rising participation in sports, and increased research and development activities. Additionally, producers are focusing on technological advancements to provide a more comfortable segment to professionals.
Data Bridge Market Research analyses that the global diving compressor market, valued at USD 120 million in 2022, will reach USD 173.28 million by 2030, growing at a CAGR of 4.70% from 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Diving Compressor Market Scope and Segmentation
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Report Metric |
Details |
|
Forecast Period |
2023 to 2030 |
|
Base Year |
2022 |
|
Historic Years |
2021 (Customizable to 2015 - 2020) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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Segments Covered |
Product Type (Mobile, Stationary), Application (Fishing, Rescue, Sports, Others), Type (Volume Compressor, Speed Compressor) |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
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Market Players Covered |
BAUER COMP Holding GmbH (Germany), Powerdive (U.S.), AEROTECNICA COLTRI SPA (Italy), Nuvair (U.S.), Lauderdale Divers (U.S.), Brownie's Marine Group, Inc. (U.S.), Sea Breathe (Canada), Ingersoll Rand (U.S.) |
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Market Opportunities |
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Market Definition
Diving air compressors are high-pressure gas compressors that divers use to fill their tanks with air to breathe underwater. Filters are additionally needed to purify the air and remove oil particles and CO2 to make the compressed air quality suitable for breathing as water vapor in the air, which is gradually removed by the compressor while compressing the air.
Diving Compressor Market Dynamics
Drivers
- The growing interest in water sports surge the market growth
The demand for water sports such as scuba diving and underwater photography from both domestic and foreign tourists has caused a sharp rise in the number of people participating in these activities. Many coastal areas have water sports facilities with enough equipment to entertain tourists. Along with the increase in the number of divers, there has been an increase in the demand for efficient diving equipment, including diving compressors, to support comfortable breathing while underwater. Over the forecast period, these factors will lead to a rise in demand for effective diving compressors.
Opportunities
- The diving compressor market may increase as diving compressor technology advances
Innovative products like ORB re-breathers, which can filter oxygen from the surrounding water and enable divers to communicate over Bluetooth, are expected to become more popular in the market over the upcoming years. Manufacturers of diving compressors are focusing on developments in compressor technology to lessen the difficulties in filling gas tanks while submerged. An important development in compressor technology is the creation of automatic compressors, which automatically fill the tank with gas when needed will drive the market growth.
Restraints/Challenges
- The high cost of the diving compressor can impede the market growth
In aspect to the high cost of diving compressors and training programs associated with underwater activity, the market is anticipated to become less active soon. Additionally, market growth is anticipated to be constrained by the danger of fatal accidents occurring while participating in underwater sports. The seasonality of needs is another important factor restraining the diving compressor market during the forecast period.
The market is anticipated to become less vibrant in the near future due to the high cost of diving compressors and training programs related to underwater activity. The risk of fatal accidents occurring while participating in underwater sports is also anticipated to restrain market expansion.
This diving compressor market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the diving compressor market, contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Diving Compressor Market Scope
The diving compressor market is segmented on the basis of product type, application, and type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Mobile
- Stationary
Application
- Fishing
- Rescue
- Sports
- Others
Type
- Volume Compressor
- Speed Compressor
Diving Compressor Regional Analysis/Insights
The diving compressor market is analysed and market size insights and trends are provided by country, product type, application, and type as referenced above.
The countries covered in the diving compressor market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the market and will continue to flourish its trend of dominance during the forecast period. The major factors attributable to the region's dominance are advancements in compressor technology and a rise in the popularity of water sports in India. Also, an increase in demand for underwater sports in tropical regions due to the growing number of tourists visiting those regions has led to dominance in the diving compressor market.
North America will undergo the highest growth rate during the forecast period owing to the abundance of water bodies and the increasing number of scuba diving enthusiasts. Further, the diving compressors market is anticipated to increase with the trend in water sports activity.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Diving Compressor Market Share Analysis
The diving compressor market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to diving compressor market.
Some of the major players operating in the diving compressor market are:
- BAUER COMP Holding GmbH (Germany)
- Powerdive (U.S.)
- AEROTECNICA COLTRI SPA (Italy)
- Nuvair (U.S.)
- Lauderdale Divers (U.S.)
- Brownie's Marine Group, Inc. (U.S.)
- Sea Breathe (Canada)
- Ingersoll Rand (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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