Global Diving Suit Market 2018-2022
About Diving Suit
Diving suits are water apparel used by water sports enthusiasts to keep themselves warm in underwater environments. They comprise wet suits and dry suits.Technavio’s analysts forecast the global diving suit market to grow at a CAGR of 5.09% during the period 2018-2022.Covered in this report The report covers the present scenario and the growth prospects of the global diving suit market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Diving Suit Market 2018-2022
Technavio recognizes the following companies as the key players in the global diving suit market: Diving Unlimited International, Huish Outdoors, La Jolla Group, Patagonia, and Quiksilver.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is launch of atmospheric diving suits. To overcome challenges associated with deep-sea diving, diving suit manufacturers including Nuytco Research introduced EXOSUIT, an atmospheric diving suit made from aluminum alloy. EXOSUIT facilitates deep under-water explorations (up to 305 meters) without being impacted by physiological implications.”
According to the report, one driver in the market is product innovations. According to the water sports gear and equipment market research and analysis, the continuously increasing product innovations will be one of the key factors fueling the market’s growth during the next few years.
Further, the report states that one challenge in the market is uncertain climatic conditions. Organization and frequency of driving events depend on favorable weather conditions. Uncertain climatic conditions and extreme temperature variations negatively impact diving and sale of diving suits.