Diving Equipment Market is segmented By Product Type (BCD And Regulators, Cylinder and Diving Propulsion Vehicle, Decompression Chamber, Exposure Suit....
Market Size in USD
CAGR7.5%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 7.5% |
Market Concentration | Medium |
Major Players | Aqua Lung International, Mares S.P.A., Cressi Sub S.P.A., American Underwater Products, Inc., Poseidon Diving System AB |
The diving equipment market is estimated to be valued at USD 3.83 Bn in 2024 and is expected to reach USD 6.36 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. The diving equipment market has been witnessing positive trends over the past few years, primarily owing to a steady rise in underwater diving activities such as scuba diving, snorkeling and free diving.