Global Wrist Dive Computer Market, By Product Type (Air Integrated, Non-air Integrated, and Air/Nitrox Integrated), Display (Backlit Display and Non-backlit Display), Pressure (Up to 300 Bar and Above 300 Bar), Memory (Up to 50 Hours, 50 to 100 Hours, and Above 100 Hours), Navigation (With Compass and Without Compass), Price (Below US$ 500, US$ 500 – US$ 1,000, and Above US$ 1,000), Application (Military and Civilian), Distribution Channel (Online and Offline), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Wrist Dive Computer Market
The wrist dive computer market is expected to be growing at a growth rate of 5.50% in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of wrist dive computer market. This rise in wrist dive computer value can be attributed to the various factors such as increased focus of the product manufacturers on product innovations, growing participation of scuba divers in marine conservation, growing popularity of e-commerce platforms especially in the developing economies and increasing personal disposable income. This signifies that the wrist dive computer market value would stand tall by USD 350 million by 2028.
The wrist dive computers provide real-time dive information by using depth and time information and applying it to decompression model. The wrist dive computers further track the dissolved nitrogen in the body of the diver.
Rising popularity of scuba diving and increasing personal disposable income are the major factors fostering the growth of the market. Growth and expansion of travel and tourism industry especially in the developing economies, surge in the participation of youngsters in adventurous sports, and rise in the research and development activities by the major players to gain a competitive edge are some other indirect market growth determinants. Growing penetration of e-commerce platforms, surging availability affordable and beginner-friendly wrist dive computers and rising globalization and westernization will also create lucrative and remunerative market growth opportunities in the long run.
- On the flip side, coronavirus outbreak has affected demand and supply and this will pose a major challenge to the growth of market in the long run. Quality compromised by the manufacturers while producing low cost equipment will further derail the market growth rate. Further, high costs associated with maintenance will also create hindrances for the market growth rate.
This wrist dive computer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 wrist dive computer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Wrist Dive Computer Market Scope and Market Size
The wrist dive computer market is segmented on the basis of product type, display, pressure, memory, navigation, price, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the wrist dive computer market has been segmented into air integrated, non-air integrated, and air/nitrox integrated.
- On the basis of display, the wrist dive computer market is segmented into backlit display and non-backlit display.
- On the basis of pressure, the wrist dive computer market is segmented into up to 300 bar and above 300 bar.
- On the basis of memory, the wrist dive computer market is segmented into up to 50 hours, 50 to 100 hours, and above 100 hours.
- On the basis of navigation, the wrist dive computer market is segmented into with compass and without compass.
- On the basis of price, the wrist dive computer market is segmented into below US$ 500, US$ 500 – US$ 1,000, and above US$ 1,000.
- On the basis of application, the wrist dive computer market is segmented into military and civilian.
- On the basis of distribution channel, the wrist dive computer market is segmented into online and offline. Online segment is sub-segmented into e-commerce and company-owned website. Offline segment is sub-segmented into wholesalers, retailers and others.
Wrist Dive Computer Market Country Level Analysis
The wrist dive computer market is analysed and market size insights and trends are provided by country, product type, display, pressure, memory, navigation, price, application and distribution channel as referenced above.
The countries covered in the wrist dive computer 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, Israel, Egypt, South Africa, 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.
North America dominates the wrist dive computer market owing to the rising prevalence of advanced technologies. Asia-Pacific region is expected to score the highest CAGR owing to the rising popularity of scuba diving, growing personal disposable income, rapid globalization, westernization, modernization and growth and expansion of travel and tourism in this region are some major market growth determinants for this region.
The country section of the wrist dive computer market 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 such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Wrist Dive Computer Market Share Analysis
The wrist dive computer 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 wrist dive computer market.
The major players covered in the wrist dive computer market report are MARES, SUUNTO., Cressi S.p.A., AquaLung International, Garmin Ltd., Genesis Scuba, JOHNSON OUTDOORS INC., SEACSUB SPA, Amer Sports, Shearwater Research, Tabata USA, Inc., Aeris., Huish Outdoors, LLC., Aqualung Group, Beuchat, Apeks Diving., DIVESTOCK., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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