Air Sports Equipment Market worth $30.32 billion by 2030, growing at a CAGR of 8.39% - Exclusive Report by 360iResearch

The "Air Sports Equipment Market by Product Type (Canopy & Reserve Parachute, Container & Harness, Paraglider), Sport Type (Base Jumping, Bungee Jumping, Paragliding), Distribution Channel, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Air Sports Equipment Market to grow from USD 17.25 billion in 2023 to USD 30.32 billion by 2030, at a CAGR of 8.39%.

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Air sports equipment encompasses any gear or apparatus used in aerial sports, such as skydiving, paragliding, hang gliding, ballooning, and paramotoring. This equipment is designed to assure the safety and enhance the performance of athletes participating in these high-altitude activities. Drivers contributing to the growth of the air sports equipment industry include the rising popularity of adventure tourism, increasing disposable incomes, and the growing participation in air sports for recreational purposes. Technological advances in materials and design enhance the durability and performance of air sports gear, propelling industry expansion. However, restraints such as stringent regulations, the high cost of equipment, and the inherent risks associated with air sports pose significant barriers. Moreover, opportunities within the industry are promising due to the advent of innovative, lightweight materials that enable improved gear, the expansion of air sports events globally, and increasing endorsements and sponsorship deals. Furthermore, there is potential for industry expansion in emerging economies where interest in such adventure sports is on the rise, coupled with the growth of the tourism sector, thereby offering new vistas for the air sports equipment industry.

Market Segmentation & Coverage:

This research report categorizes the Air Sports Equipment Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product Type, market is studied across Canopy & Reserve Parachute, Container & Harness, Paraglider, and Protective Gear. The Paraglider is projected to witness significant market share during forecast period.

Based on Sport Type, market is studied across Base Jumping, Bungee Jumping, Paragliding, and Skydiving. The Bungee Jumping is projected to witness significant market share during forecast period.

Based on Distribution Channel, market is studied across Offline and Online. The Online is projected to witness significant market share during forecast period.

Based on End-User, market is studied across Competitive Sports and Recreational Sports. The Recreational Sports is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 36.37% in 2023, followed by Europe, Middle East & Africa.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Air Sports Equipment Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Air Sports Equipment Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Air Sports Equipment Market, highlighting leading vendors and their innovative profiles. These include Adrenalin Base, Adrenalin Dreams Inc., Aerodyne Research, LLC, Apco Aviation Ltd., APEX BASE, Atair Aerodynamics d.o.o, Bonehead Composites, Dudek Paragliders, FLY & MORE GmbH, GLH Systems Pty Ltd., Intrudair, Mirage Systems, Inc., Ozone Paragliders LTD., Sol Sports Ind. e Com. Ltda., Sun Path Products, Inc., Supair, Super Fly, Inc., TransDigm Group Incorporated, and Velocity Sports Equipment.

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Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Air Sports Equipment Market, by Product Type
7. Air Sports Equipment Market, by Sport Type
8. Air Sports Equipment Market, by Distribution Channel
9. Air Sports Equipment Market, by End-User
10. Americas Air Sports Equipment Market
11. Asia-Pacific Air Sports Equipment Market
12. Europe, Middle East & Africa Air Sports Equipment Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Air Sports Equipment Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Air Sports Equipment Market?
3. What is the competitive strategic window for opportunities in the Air Sports Equipment Market?
4. What are the technology trends and regulatory frameworks in the Air Sports Equipment Market?
5. What is the market share of the leading vendors in the Air Sports Equipment Market?
6. What modes and strategic moves are considered suitable for entering the Air Sports Equipment Market?

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