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.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
- Market overview
- Global on-the-water sports gear and equipment market
- Market size and forecast
- Five forces analysis
PART 06: MARKET SEGMENTATION BY PRODUCT
- Global hydro-flyers market by product
- Global hydro-flyers equipment market
- Global hydro-flyer protective gear market
PART 07: MARKET SEGMENTATION BY RETAIL FORMAT
- Global hydro-flyers market by retail format
PART 08: REGIONAL LANDSCAPE
- Global hydro-flyers market by geography
- Regional comparison
- Americas – Market size and forecast
- EMEA – Market size and forecast
- APAC – Market size and forecast
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Introduction of novel water sports activities
- Fitness benefits associated with hydro-flying
- Increase in artificial water sports experiences
PART 12: VENDOR LANDSCAPE
- Competitive scenario
- Key players in global hydro-flyers market
- Competitive assessment of top four vendors
PART 13: VENDOR ANALYSIS
- DEFY WaterFlight
- FlyDive
- Stratospheric Industries
- Zapata
- Other prominent vendors
PART 14: APPENDIX