The dive computer market is poised to experience a remarkable ascent, with a projected CAGR of 5.90%. By 2034, industry pundits predict that the market is going to reach an astounding valuation of USD 1,249.40 million, representing a substantial upsurge from its current value of USD 705.3 million. In short, the future of the dive computer industry looks incredibly promising.
Attributes | Details |
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Market Size, 2024 | USD 705.3 million |
Market Size, 2034 | USD 1,249.40 million |
Value CAGR (2024 to 2034) | 5.90% |
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Drivers |
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Attributes | Details |
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Product Type | Air Integrated Dive computer |
Market share in 2024 | 35.90% |
By providing significant convenience and safety compared to traditional diving computers, the air-integrated dive computer is gaining much popularity among divers in the current period. Moreover, its ability to provide real-time information about their air consumption and remaining air supply makes this segment recommended as an ideal option for the diving community.
Attributes | Details |
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Display Type | AMOLED Display |
Market Share in 2024 | 74.60% |
AMOLED displays offer a superior viewing experience, which is especially important when diving. These displays offer deep blacks, vibrant colors, and high contrast ratios, making them easy to read in all lighting conditions.
Countries | CAGR from 2024 to 2034 |
---|---|
United States | 3.40% |
China | 6.20% |
Germany | 3.20% |
India | 7.30% |
Australia | 6.00% |
The CAGR of the market for the forecast period in the United States is anticipated to be 3.40%. The growth of the diving tourism market is predicted to boost demand for dive equipment and devices in the United States. Furthermore, the presence of strict diving regulations governing the use of diving equipment for safety reasons is further going to enhance the industry. Such rules serve to decrease diving hazards and have an influence on the sales of diving computers.
The market is expected to register a CAGR of 6.20% in China through 2034. Some factors responsible for the growth of the market are:
The market is expected to progress at a CAGR of 3.20% in Germany for the forecast period. The population in Germany values quality and innovation. The improvement in diving computer technology, along with features that enhance safety measures and user-friendly interfaces, demonstrates market growth. Moreover, manufacturers in Germany are investigating advanced dive computers to gain consumer preferences and increase demand for diving computers, anticipating market growth.
The market is expected to progress at a CAGR of 6.00% in Australia throughout the forecast period. Some factors influencing this progress are:
The market is expected to progress at a CAGR of 7.30% in India. The increasing popularity of scuba diving as a recreational activity in India has also contributed to the rise in demand for diving computers. More and more people in India are taking up scuba diving as a hobby, and they are looking for ways to enhance their diving experience and safety. Diving computers have become an essential tool for recreational divers, allowing them to explore the underwater world with confidence and safety.
The dive computer market is highly competitive, with companies constantly innovating and improving their products to stay ahead of the competition. Divers have a wide range of options to choose from, depending on their needs and budget.
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Attribute | Details |
---|---|
Estimated Market Size (2024) | USD 705.3 million |
Projected Market Size (2034) | USD 1,249.40 million |
Anticipated Growth Rate (2024 to 2034) | 5.90% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | USD million or billion for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Middle East & Africa (MEA); East Asia; South Asia and Oceania |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
Key Segments Covered | Product Type, Display Type, and End User |
Key Companies Profiled | Cressi SpA; Mares; Suunto; Oceanic S.A.; Shearwater Research Inc.; Sherwood Scuba LLC; Tabata USA, Inc.; CREST DIVING; ATMOS; Poseidon Diving System AB; Aqua Lung International; Atomic Aquatics; Johnson Outdoors Inc.; Genesis Scuba; Garmin Ltd.; Others |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The CAGR of the market in the United States from 2024 to 2034 is estimated to be 3.40%.
The market is expected to develop at a CAGR of 5.90% from 2024 to 2034.
The market size is expected to be worth USD 705.3 million in 2024.
The CAGR of the market in China from 2024 to 2034 is estimated to be 6.20%.
The market is estimated to get as big as USD 1,249.40 million by 2034.
The market can be divided into the following segments: product type, display type, end use, and region.
Estimated Market Size (2024E) | USD 35,471.6 million |
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Projected Market Size (2034F) | USD 83,974.2 million |
Value-based CAGR (2024 to 2034) | 9% |
Market Value for 2024 | USD 3,290.0 million |
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Projected Market Value for 2034 | USD 5,630.0 million |
Value-based CAGR (2024 to 2034) | 5.5% |
Market Estimated Size in 2023 | USD 98.9 million |
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Projected Market Size in 2033 | USD 173.8 million |
Value-based CAGR (2023 to 2033) | 5.8% |
Market Value for 2024 | USD 466 million |
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Market Value for 2034 | USD 624.3 million |
Market CAGR from 2024 to 2034 | 3% |
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