Global Air Sports Equipment Market 2019-2023

  • Published: Jan 2019
  • Pages: 147
  • SKU: IRTNTR30707
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The global air sports equipment market size will grow by USD 711.06 million during 2019-2023. This report provides a detailed analysis of the market by product (paraglider, canopy, and reserve parachute, container and harness, protective gear, and others), application (skydiving, paragliding, BASE jumping, and bungee jumping), and geography (APAC, Europe, MEA, North America, and South America). The report analyzes the market’s competitive landscape and offers information on several air sports equipment manufacturers including ADVANCE, Aerodyne Research, Flyneo.com, OZONE GLIDERS, SUP'AIR, and Velocity Sports Equipment.

Some of the key findings from our air sports equipment market forecast report are summarized below

Air Sports Equipment Market

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Global air sports equipment industry overview

The long term physical and mental benefits associated with extreme adventure sports are encouraging people to take up activities such as skydiving, paragliding, surfing, BASE jumping, bungee jumping, mountain climbing, and scuba diving. The popularity of extreme adventure activities is further boosted by the growing preference for adventure sports for relaxation, changing lifestyles and demographics, increasing recreational spending, and an increasing number of health-conscious consumers. Promotional campaigns organized by governments and tour operators are helping in raising awareness about adventure sports and attracting more customers. Hence, the growing popularity of extreme adventure activities will result in increasing demand for air sports equipment.

Several key vendors of the air sports equipment market are focusing on technological innovations based on mechanical design, control systems, fabric design, system engineering, and rigging and packing for safe, secure, and comfortable trips. For instance, automatic activation device (AAD), automatically opens the reserve parachute when jumpers are unable to execute parachute deployment on time. Similarly, digital and audible altimeters provide flyers with accurate reading and information about the altitude at key stages. The use of recycled materials and fabrics and the incorporation of advanced technologies is allowing manufacturers to come up with better and safer products. This increase in technological innovations to enhance product performance is identified as a critical trend that will drive air sports equipment market growth at a CAGR of almost 7% during the forecast period. 

Top air sports equipment companies covered in this market research report

The global air sports equipment market is moderately fragmented To help clients improve their revenue share in this market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this air sports equipment market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several air sports equipment companies, including –

  • ADVANCE
  • Aerodyne Research
  • Flyneo.com
  • OZONE GLIDERS
  • SUP'AIR
  • Velocity Sports Equipment

Air sports equipment market segmentation based on product

  • Paraglider, canopy, and reserve parachute
  • Container and harness
  • Protective gear
  • Others

The paraglider, canopy, and reserve parachute market segment will account for the highest air sports equipment market share. The growing demand for lightweight paragliders and canopies, the rising number of paragliding training institutes, and product innovations are some of the factors driving air sports equipment market growth in this segment.

Air sports equipment market segmentation based on application

  • Skydiving
  • Paragliding
  • BASE jumping
  • Bungee jumping

The skydiving segment dominates the global air sports equipment market. Factors such as the growing interest in adventure sports, improved product features, and the global adoption of air sports as competitive sports, will contribute to the air sports equipment market in the skydiving market segment.

Key highlights of the global air sports equipment market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the air sports equipment market during the next five years
  • Precise estimation of the global air sports equipment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the air sports equipment industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of air sports equipment companies 

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Paraglider, canopy, and reserve parachute - Market size and forecast 2018-2023
  • Container and harness - Market size and forecast 2018-2023
  • Protective gear - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Skydiving - Market size and forecast 2018-2023
  • Paragliding - Market size and forecast 2018-2023
  • BASE jumping - Market size and forecast 2018-2023
  • Bungee jumping - Market size and forecast 2018-2023
  • Market opportunity by application

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Other prominent drivers
  • Market challenges
  • Other prominent challenges
  • Impact of drivers and challenges

PART 11: MARKET TRENDS

  • Increase in technological innovations to enhance product performance
  • Rising number of training programs and courses for different air sports
  • Growing popularity of helicopter bungee jumping above active volcanoes
  • Other prominent trends

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ADVANCE
  • Aerodyne Research
  • Flyneo.com
  • OZONE GLIDERS
  • SUP'AIR
  • Velocity Sports Equipment

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations


Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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