Nowadays, scuba diving becomes a more popular water sports activity. When scuba diving was new, the three devices were essential to safety namely a manometer, a timer, and a depth gauge. The major innovation in scuba dive instruments is wristwatch dive computer that measures time, logged the dive, depth, and real-time designed to calculate the remaining dive time at a given depth. Now, the dive computer is gaining popularity in the market as an essential accessory when diving. Moreover, various manufacturers in the dive computer market joining the trend and shifted their focus from compact wristwatch- sized unit to larger units with more advanced features and designs. The dive computer is a device that generally considered as a small watch or a square console. Dive computer helps in tracking of a dive details with an objective to avoid a severe situation such as decompression sickness. Dive computer device provides divers a safety by helping them observe and keep nitrogen levels within a proper limit. Also, the dive computer reduces the need to carry a separate depth gauge and watch to measure the dive depth and time. The device automatically measures the depth as well as the time of each dive and then develop a safe profile of diver based on that data.
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Reasons for Covering Dive Computer Market Title
Growing water sports activities such as scuba diving, the rise in technological advancement, expanding demand for certified dive professionals, and increasing the average age of scuba diving, are the factors influencing the growth of the dive computer market in the near future. Speedily increasing demand for scuba diving devices to explore the underwater world as well as continuously monitor the depth of dive and ascent as well as growing use of dive computer in scuba diving and for military purpose. Additionally, steady growth in the sports industry along with companies are adopting various marketing strategies such as campaigns and online sales channel as well as aligning digital technology in an effective ways to enhance customer engagement and influence them to purchase the product is some other factor fueling the growth of the dive computer market during the forecast period.
Global Dive Computer: Market Segmentation
On the basis of the price range, the global dive computer market has been segmented as –
On the basis of sales channel, the global dive computer market has been segmented as –
- Specialty Stores
- Multi-brand Stores
- Online Stores
Global Dive Computer Market: Key Players
Some of the key players operating in the global dive computer market are Cressi SpA, Mares SpA, Suunto Oy, Oceanic S.A., Shearwater Research Inc., Sherwood Scuba LLC, Tabata USA, Inc., Aqua Lung International, Atomic Aquatics Europe GmbH, Scubapro Company, Genesis Scuba, Garmin Ltd., Ratio Computers LLC, and others.
Growing demand for scuba dive gadgets for safety purpose, rapidly growing dive-tourism industry, and increasing potential customers for scuba diving in terms of age group are some of the leading factors driving the growth of the global dive computer market. Moreover, companies in the dive computer market are focusing on research and development activities to expand their product portfolio and have a competitive edge with new product offering is expected to grow the Dive Computer market during the forecast period.
Opportunities for Global Dive Computer Market Participants
In order to encourage the potential of the tourism industry, the government in various countries have increased their focus towards water sports activities such as scuba diving. Scuba diving is the primary tourism market, making a billion dollar industry globally are the factors due to which dive computer market revenue is expected to grow at a rapid growth rate, over the forecast period. Moreover, rapidly expanding in the number of scuba diving certifications globally, accelerating demand for dive computer with customizable settings are the primary factor stimulating the growth of the Dive Computer market.
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry.