Global Air Sports Equipment Market 2023-2027

Global Air Sports Equipment Market 2023-2027

Technavio has been monitoring the air sports equipment market and is forecast to grow by USD 1,352.91 mn during 2022-2027, accelerating at a CAGR of 8.08% during the forecast period. Our report on the air sports equipment market provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing prominence of competitive air sports, the increasing popularity of extreme adventure activities, and multiple health-promoting benefits associated with air sports.

Technavio's air sports equipment market is segmented as below:

By ProductParaglider/ canopy/ reserve parachuteContainer and harnessProtective gearOthersBy ApplicationSkydivingParaglidingBASE jumpingBungee jumpingBy Geographical LandscapeEuropeAPACNorth AmericaSouth AmericaMiddle East and AfricaThis study identifies the increase in technological innovations to enhance product performance as one of the prime reasons driving the air sports equipment market growth during the next few years. Also, the rising number of training programs and courses for different air sports and the growing popularity of helicopter bungee jumping over active volcanoes will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the air sports equipment market covers the following areas:Air sports equipment market sizingAir sports equipment market forecastAir sports equipment market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air sports equipment market vendors that include 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. Also, the air sports equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.