What is Scuba Diving Computer Market?
A scuba diving computer helps to store important information and keeps the user dive safe. It is an essential tool for scuba divers that helps to observe and keep nitrogen levels within a proper limit. It is a device that generally considered a small watch or a square console. The factors such as the increasing popularity of scuba diving, advancements in the scuba diving computer and increased adoption of scuba diving computer in the defense industry are the primary drivers for the global scuba diving computer market. The high cost of the scuba diving computer is a restraining factor for the market growth.
The market study is being classified by Type (Wrist or Watch Style Scuba Diving Computer and Console or Module Scuba Diving Computer), by Application (Military and Civilian) and major geographies with country level break-up.
Cressi SpA (Italy), Mares SpA (Italy), Suunto Oy (Finland), Oceanic S.A. (Poland), Shearwater Research Inc. (Canada), Sherwood Scuba LLC (United States), Tabata USA, Inc. (United States), Aqua Lung International (France), Atomic Aquatics Europe GmbH (United States) and Scubapro (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Genesis Scuba (United States), Garmin Ltd. (United States) and Ratio Computers LLC (United States).
There are various companies that are operating in the new geographical regions by adopting various market growth initiatives such as mergers & acquisitions, expansions, investments, and others. There are various new market players are entering the market to capture market growth opportunities. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Scuba Diving Computer market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Scuba Diving Computer market by Type, Application and Region.
On the basis of geography, the market of Scuba Diving Computer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Popularity of the Scuba Diving
- Increased Adoption of Scuba Diving Computer in Defense Industry
- Increased Disposable Income of the People in Developing Countries
Market Trend
- Rapid Advancements in the Scuba Diving Computer
- Robust Increase in the Distribution Channels
Restraints
- High Cost of the Scuba Diving Computer
Opportunities
- Growing Demand from End-users
- Growth in the E-commerce Industry Worldwide
Challenges
- Increasing Competition in the Market
In January 2019, Suunto introduced the new Suunto D5, a watch-sized dive computer that is designed especially for recreational divers. The Suunto D5 enables the diver to effortlessly log and share their adventures digitally.
Key Target Audience
Scuba Diving Computer Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
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