FMI Market Intelligence Report Diving And Survival Equ | Page 4

Diving And Survival Equipment Market

Market Size of Diving And Survival Equipment Market , Forecast Report 2017-2027
Scuba diving is an essential part of the tourism industry . It has emerged as one of the most popular recreational sports across the globe . Moreover , growing interest amongst people towards discovering and exploring different forms of underwater life and habitats in tropical , subtropical and polar locations is also one of the reasons responsible for increased scuba diving activity in recent years . However , increasing number of accidents and deaths in scuba diving have resulted in increased adoption of diving and survival equipment these days . In the deepest part of the ocean , there is a possibility of lack of breathable oxygen . Similarly , high water pressure can also prove to be a problem . These are major threats which can even collapse lungs and kill the diver immediately . Thus , buoyancy compensator plays an important role in scuba diving to maintain neutral buoyancy beneath water . These major concerns can lead to an increase in the adoption of diving and survival equipment ( such as buoyancy compensator ) over the forecast period .
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Rising disposable income coupled with an increased interest in leisure activities is expected to lead to an increase in spending on under water sports such as scuba diving , snorkelling , etc . This , in turn , is expected to lead to an increase in the demand for diving & survival equipment over the forecast period . Furthermore , technological advancements in scuba diving equipment made with an intention to provide
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