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Air Sports Equipment Market is to grow by USD 1.35 billion from 2022 to 2027, Presence of companies like Adrenalin Base, Aerodyne Research LLC and Apco Aviation Ltd., and more makes the market fragmented- Technavio

Global Air Sports Equipment Market 2023-2027

News provided by

Technavio

Oct 02, 2023, 19:15 ET

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NEW YORK, Oct. 2, 2023 /PRNewswire/ -- The air sports equipment market is estimated to grow by USD 1.35 billion from 2022 to 2027, growing at a CAGR of 8.08%. The air sports equipment market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer air sports equipment market are Adrenalin Base, Aerodyne Research LLC, Apco Aviation Ltd., APEX BASE, Atair d.o.o., BIRDMAN Ltd., Bonehead Composites, Dudek Paragliders s.j., Eric Roussel NEO SAS, GLH Systems Pty Ltd., ICARO Paragliders, Intrudair Ltd., OZONE GLIDERS LTD., Phoenix Fly d.o.o., Skylark, SOL SPORTS IND E COM LTDA, Sun Path Products Inc., SUPAIR SAS, Uninsured United Parachute Technologies LLC, and Velocity Sports Equipment. The report provides a full list of key companies, their strategies, and the latest developments. Download the FREE Sample before buying

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Technavio has announced its latest market research report titled Global Air Sports Equipment Market 2023-2027
Technavio has announced its latest market research report titled Global Air Sports Equipment Market 2023-2027

Company Offering:

  • Adrenalin Base - The company offers wingsuits, pilot chutes, canopies, and others. It also offers different types of air sports equipment.
  • Apco Aviation Ltd - The company offers air sports equipment such as a Zipped Emergency Parachute Container, a Zipped Emergency Parachute Container for Split Legs harnesses, External Container for Mayday LT, and SLT.
  • Aerodyne Research LLC - The company offers air sports equipment such as Aerofit back pad, and SkyHook.
  • For details on companies and their offerings – Buy the report!

By Geography, the market is classified as Europe, APAC, North America, South America, and Middle East and Africa. Europe will have the largest share of the market.

  • Europe is estimated to contribute 51% to the growth of the global air sports equipment market during the forecast period. Many of the up-and-coming tourist destinations have a major role to play in Europe's market. It is not uncommon for tourists to visit Northern Europe, but Western Europe hosts the most popular adventure travel, such as air sports. The most popular skydiving destinations in the region consist of Innsbruck, Austria Seville, Spain's Mount Etna, Lauterbrunnen, Switzerland MonteConnera, Italy Algarve, Portugal, and Germany Toulouse, France. Similarly, the most popular destinations for paragliders in this region are France Alpes d'Haute de la Garonne, Dune du Pyla, Gironde, Neuschwanstein Castle, Germany Seiser Alm, Dolomites, Italy Wengen, Canton of Bern and Switzerland. Hence, these factors are expected to drive market growth in the region during the forecast period. 

Download a FREE sample report to get more insights on the market share of various regions and the contribution of the segments.

  • Impactful driver- Increasing popularity of extreme adventure activities
  • Key Trend - Increase in technological innovations to enhance product performance
  • Major Challenges - Risk of fatal falls and severe injuries associated with air sports

 Market Segmentation

  • By Product, the market is classified into paraglider/canopy/reserve parachute, container and harness, protective gear, and others. The market share growth by the paraglider/ canopy/ reserve parachute segment will be significant during the forecast period. 

Technavio Research experts have provided more insights on the market share of segments - View FREE Sample Report

FAQS

  • How do the major trends impact the market?
  • How big is the Europe market?
  • How do the key drivers and challenges impact the market?

Related Reports:

The surface water sports equipment market size is estimated to grow at a CAGR of 7.96% between 2022 and 2027. The market size is forecast to increase by USD 13,175.17 million. This surface water sports equipment market report extensively covers market segmentation by type (surfing, boarding, sailing, skiing, and others), product (apparel, paddle sports equipment, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The growing number of water sporting facilities globally is driving the market growth.

The canoeing and kayaking equipment market size is estimated to grow at a CAGR of 2.51% between 2022 and 2027. The market size is forecast to increase by USD 173.35 million. This canoeing and kayaking equipment market report extensively covers market segmentation by distribution channel (sports goods retailers, department stores/hypermarkets and supermarkets, online retail, and others), product (canoes, kayaks, and accessories), and geography (North America, Europe, APAC, South America, and Middle East and Africa). One of the key factors driving the canoeing and kayaking equipment market growth is the growing preference for recreational kayaking.

TOC:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by Application

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

About US

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact US:

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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