Global Hang Gliding Equipment Market 2018-2022

Below are some of the key findings from the hang gliding equipment market research report

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Global hang gliding equipment industry overview

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.

Top hang gliding equipment companies covered in this market research report

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:

• Aeros Company
• ICARO 2000
• Moyes Delta Gliders
• Wills Wing

Hang gliding equipment market segmentation based on geographic regions

• Americas
• APAC
• EMEA

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.

Hang gliding equipment market segmentation based on distribution channel

• Offline distribution channel
• Online distribution channel

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.

Key highlights of the global hang gliding equipment market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the hang gliding equipment market during the next five years
• Precise estimation of the global hang gliding equipment market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the hang gliding equipment industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of hang gliding equipment companies

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