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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