The global dive computer market is anticipated to develop at a 5.7% CAGR from 2022 to 2032, valued at US$ 634.7 million in 2022 and US$ 1,109.3 million by 2032. The market share of dive computers in the worldwide dive equipment market ranges from 21% to 26%.
Further, there are many dive computer companies focusing on innovation and broadening their portfolios to increase market penetration.
They also provide various types of diving computer devices depending on characteristics highlighted such as depth measurement, time locater, Ascent rate ,previous dive indication , low battery warning and enriched air compatible feature. For instance, the top producer of dive instruments ‘Suunto’ have developed a partnership with Swedish start-up firm ‘3ngage’, and they are both manufacturing 3-Dimension diving computer products which is very useful for all sorts of divers.
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Further, once the companies develop new diving computer technologies and products or focus on premiumization opportunities they have may motivate consumers to pay more for brands,products and other company services.
Following such a trend, many firms start spending heavily in research to invent new goods and purposes since consumers are willing to pay high for purchasing it due to its higher value with advanced and unique features.
Key Takeaways from the Dive Computer Market Study
- In terms of mode of sales channel, direct sales has the most market share and is expected to be the fastest expanding sales channel.
- In terms of product type, wrist dive computer is expected to be witness fastest growth over the upcoming decade.
- AMOLED display type is the most preferred dive computer in the market.
“Leading manufacturers in the global diving computer market are increasing their R&D efforts in order to extend their product range and improve technology. Also, leading businesses are focusing on new potential markets in order to grow their consumer base and establish a stronger global presence, “Says an FMI analyst.
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Who is winning?
Leading dive computer manufacturer are focusing on aggressive promotional techniques, commercials, and new product launches to boost dive computer sales growth globally.
Major players present in the dive computer market are Garmin Ltd., Johnson Outdoors Inc., Aqua Lung International, Poseidon Diving System AB, Suunto Oy, Mares, Oceanic, Shearwater Research Inc., Sherwood Scuba LLC., and Atomic Aquatics among others.
Global Dive Computer Market by Category
By Product Type:
- Wrist Dive Computers
- Console Dive Computers
- Air Integrated Dive Computers
- Others
By Display Type:
- AMOLED Display
- MIP Display
By End User:
- Beginner/ New Diver
- Casual Diver
- Active Diver
- Advanced/ Professional Diver
By Price Range:
- High Range
- Mid– range
- Low Range
By Sales Channel:
- Direct Sales
- Hypermarkets/ Supermarkets
- Specialty Retail Stores
- Online Retailers
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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