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Below are some of the key findings from the hang gliding equipment market research report
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The increasing popularity of extreme sports activities is a key factor contributing to the growth of the global hang gliding equipment market. Many individuals prefer extreme sports activities during vacations. These activities include hang gliding, bungee jumping, skydiving, surfing, rock or mountain climbing, caving, snorkeling, surfing, jet skiing, and wakeboarding. According to consumers, such adrenalin-boosting activities are effective in de-stressing. The physical and mental benefits, which these activities provide have encouraged more people to get involved in them. Moreover, rapid urbanization is one of the major factors contributing to the increased expenditure in such activities. Rapid urbanization has led to changing lifestyle and higher stress level, thereby leading to high demand for adventure tourism such as hang gliding. These factors coupled with the increasing health-consciousness and the need to stay fit and healthy are driving the demand for alternative physical activities. Thus, the popularity of adrenalin-boosting extreme sports is increasing.
The surge in the development of innovative hang gliding equipment is one of the key trends propelling the hang gliding equipment market growth. Key players in the hang gliding equipment market are constantly innovating and developing new products in terms of materials, weight, and quality, to cater to regular adventurists and travelers. Owing to the complexities of natural environments, the demand for technologically advanced hang gliding equipment is constantly increasing. The manufacturing companies are developing hang gliders which are safe, secure, and comfortable and are also focusing on reducing the size and weight of the equipment. This hang gliding equipment market trend is expected to post a CAGR of nearly 10% during the forecast period.
The hang gliding equipment market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this hang gliding equipment industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
With a complete study of the growth opportunities for the companies, the EMEA region will account for the highest growth of hang gliding equipment market. EMEA accounted for the maximum shares of the market during 2017 owing to the rising popularity of sport, urbanization, and the increasing number of training schools.
The offline distribution channel segment will account for the highest growth in the hang gliding equipment market due to the increasing number of organized retail formats such as specialty stores, hypermarkets, supermarkets, and department stores. The hang gliding equipment manufacturers are focusing on specialty stores as they are the major revenue contributor to this industry segment. Additionally, the report also provides an accurate prediction of the contribution of the various distribution channel segments to the growth of the hang gliding equipment market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: MARKET SEGMENTATION BY END USER
PART 09: MARKET SEGMENTATION BY PRODUCT
PART 10: CUSTOMER LANDSCAPE
PART 11: REGIONAL LANDSCAPE
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
PART 15: VENDOR LANDSCAPE
PART 16: VENDOR ANALYSIS
PART 17: APPENDIX
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