Global Hydro-flyers Market 2017-2021

Overview of the global hydro-flyers market

Technavio’s research analysis on the global hydro-flyers market identifies that the increasing number of water sporting facilities will be one of the major factors that will have a positive impact on the growth of the market. Many initiatives are being taken to promote the growth and expansion of water sporting facilities worldwide. For instance, Europe is introducing initiatives to strengthen the water sports industry. Measures such as Facilities for the Watersports Industry (FAWI) project targets at improvisation of the facilities for the water sports industry. This project also focuses on professionalizing and economically strengthening the water sports industry through sustainable development, upgrades, positioning, quality improvements, and cross-border collaborations in the water sports industry. Such initiatives will significantly drive the hydro-flyers industry growth, which according to our market research analysts, will register a revenue of about USD 6 million by 2021.

Get A Free Sample

The Americas will be the key revenue contributor to the hydro-flyers market throughout the forecast period. The increased participation of the millennial population in water sports and the water sports events held in freshwater springs, lakes, and quarries, will drive the demand for hydro-flyers in this region.

Competitive landscape and key vendors  

The hydro-flyers market consists of small and mid-sized vendors. Vendors in this market space are concentrating on refining their production techniques and increasing the efficiency of products. The market is quite competitive and the competition among the vendors is mainly based on factors including price, quality, brand, and variety.

The leading vendors in the market are 

• DEFY WaterFlight
• FlyDive
• Stratospheric Industries
• Zapata

The other prominent vendors in the market are Body Glove, Dive Rite, Jetavation, Johnson Outdoors, and Cressi.

Segmentation by product and analysis of the hydro-flyers market

• Equipment
• Protective gear

During 2016, the equipment segment accounted for the major shares of the hydro-flyers market. The hydro flyer equipment is a type of jetpack/hoverboard that drives the device through air and water. The rider is driven by the water jets below the device and the device power is controlled by a throttle on the PWC.

Segmentation by retail format and analysis of the hydro-flyers market

• Sporting goods retailers
• Department stores
• Hypermarkets, and supermarkets
• Online retail

According to this market research report, sporting goods retailers accounted for the maximum sales of hydro-flyers during 2016. The availability of popular brands of flyboarding equipment and the increased preference to shop in these stores by consumers will drive the growth of the hydro-flyers market in this segment.

Want a bigger picture? Try a FREE sample of this report now!

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.   

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global hydro-flyers market?
• What are the key market trends impacting the growth of the global hydro-flyers market?
• What are the challenges to market growth?
• Who are the key vendors in the global hydro-flyers market?
• What are the market opportunities and threats faced by the vendors in the global hydro-flyers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global hydro-flyers market?

Technavio also offers customization on reports based on specific client requirement.