Air Sports Equipment Market Size, Share & Trends Analysis Report By Product (Container/Harness, Protective Gears), By Application (Parachuting, Paragliding), By Region, And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global air sports equipment market size is expected to reach USD 23.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.7% over the forecast period. Increasing participation in the extreme sports by college graduates and working professionals is expected to be a key factor driving the market over the forecast period. Moreover, supportive policies by the governments of developed countries including U.S. and U.K. on promoting spending on outdoor recreational activities are expected to expand the scope for various equipment over the next few years.

Over the past few years, popularity of the extreme sports has grown significantly owing to increasing adoption among millennials, college grads, working professionals, and older adults in order to experience thrill in the outdoor activity. Moreover, social media, movies, and cinemas have played an important role in promoting these extreme sports across the globe. Participation of customers of different age groups in various outdoor recreational activities has increased significantly in the past few years.

According to the statistics provided by the United States Parachute Association (USPA), out of the total jumpers, 11.2% of them were retired by occupation. This implies older adults have been increasingly participating in the extreme sports. This significant increase in the participation among old adults is expected to drive the demand for air sports equipment in the foreseeable future.

Europe was the largest market, accounting for a share of more than 35.0% in 2018 owing to presence of favorable geographical conditions such as hills and mountains in the region. The market is expected to witness significant growth in the coming years owing to growing adventurous sports tourism. European countries including U.K., France, Italy, Switzerland, Spain, and Hungary are some of the prominent countries with the highest penetration of the air sports including ziplining, parachuting, paragliding, wingsuit flying, and canopy piloting.

Major manufacturers are Velocity Sports Equipment; Aerodyne Research, LLC; OZONE POWER LTD; SUP'AIR; Peregrine Manufacturing, Inc.; Sunrise Manufacturing International Inc.; Sun Path Products, Inc.; Mirage Systems, Inc.; Firebird USA LLC; and Flyneo.com. New product developments in terms of high-end protective apparel for addressing human biomechanics are expected to remain favorable for the air sports equipment industry growth.

Further key findings from the report suggest:

• By application, parachuting held the largest share of above 40.0% in 2018 due to increasing enthusiasm among millennials, college grads, and working professionals, coupled with availability of safer equipment and ease of access to the sport

• Container/Harness was the largest product segment with a share of more than 60.0% in 2018 as it is used in pursuing various air sports activities including ziplining, parachuting, paragliding, wingsuit flying, and canopy piloting

• Europe was the largest regional air sports equipment market, accounting for a share of more than 35.0% in 2018

• Asia Pacific is expected to expand at a CAGR of 7.5% from 2019 to 2025

• Key players include Velocity Sports Equipment; Aerodyne Research, LLC; OZONE POWER LTD; SUP'AIR; Peregrine Manufacturing, Inc.; Sunrise Manufacturing International Inc.; Sun Path Products, Inc.; Firebird USA LLC; and Flyneo.com.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Market Segmentation & Scope
                  1.2. Market Definition
                  1.3. Information Procurement
                      1.3.1. Purchased Database
                      1.3.2. GVR's Internal Database
                      1.3.3. Secondary Sources & Third-Party Perspectives
                      1.3.4. Primary Research
                  1.4. Information Analysis 
                      1.4.1. Data Analysis Models
                  1.5. Market Formulation & Data Visualization
                  1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                  2.1. Market Outlook
                  2.2. Segmental Outlook
                  2.3. Competitive Insights
Chapter 3. Air Sports Equipment Market Variables, Trends & Scope
                  3.1. Market Introduction
                  3.2. Penetration & Growth Prospect Mapping
                  3.3. Industry Value Chain Analysis
                      3.3.1. Sales/Retail Channel Analysis
                      3.3.2. Profit Margin Analysis
                  3.4. Market Dynamics
                      3.4.1. Market Driver Analysis
                      3.4.2. Market Restraint Analysis
                      3.4.3. Industry Challenges
                      3.4.4. Industry Opportunities
                  3.5. Business Environment Analysis
                      3.5.1. Industry Analysis - Porter's
                          3.5.1.1. Supplier Power
                          3.5.1.2. Buyer Power
                          3.5.1.3. Substitution Threat
                          3.5.1.4. Threat from New Entrant 
                          3.5.1.5. Competitive Rivalry
                  3.6. Roadmap of Air Sports Equipment Market
                  3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
                  4.1. Consumer Trends and Preferences
                  4.2. Factors Affecting Buying Decision 
                  4.3. Consumer Product Adoption 
                  4.4. Observations & Recommendations
Chapter 5. Air Sports Equipment Market: Product Estimates & Trend Analysis
                  5.1. Product Movement Analysis & Market Share, 2018 & 2025
                  5.2. Container/Harness
                      5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.3. Protective Gears
                      5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  5.4. Others
                      5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Air Sports Equipment Market: Application Estimates & Trend Analysis
                  6.1. Application Movement Analysis & Market Share, 2018 & 2025
                  6.2. Parachuting
                      6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.3. Paragliding
                      6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.4. Hang Gliding
                      6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                  6.5. Others
                      6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Air Sports Equipment Market: Regional Estimates & Trend Analysis
                  7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                  7.2. North America
                      7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.2.4. U.S.
                          7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  7.3. Europe
                      7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.3.4. U.K.
                          7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.3.5. Spain
                          7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.3.6. France
                          7.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.3.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.3.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  7.4. Asia Pacific
                      7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.4.4. Thailand 
                          7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.4.5. Malaysia 
                          7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.4.6. Indonesia 
                          7.4.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.4.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.4.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  7.5. Central & South America
                      7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                  7.6. Middle East & Africa (MEA)
                      7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                      7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                      7.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
                      7.6.4. UAE 
                          7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                          7.6.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                          7.6.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
                  8.1. Key global players, recent developments & their impact on the industry
                  8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                  8.3. Vendor Landscape
                      8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
                  9.1. Velocity Sports Equipment
                      9.1.1. Company Overview
                      9.1.2. Financial Performance
                      9.1.3. Technology Benchmarking
                      9.1.4. Strategic Initiatives
                  9.2. Aerodyne Research, LLC
                      9.2.1. Company Overview
                      9.2.2. Financial Performance
                      9.2.3. Technology Benchmarking
                      9.2.4. Strategic Initiatives
                  9.3. OZONE POWER LTD
                      9.3.1. Company Overview
                      9.3.2. Financial Performance
                      9.3.3. Technology Benchmarking
                      9.3.4. Strategic Initiatives
                  9.4. SUP'AIR
                      9.4.1. Company Overview
                      9.4.2. Financial Performance
                      9.4.3. Technology Benchmarking
                      9.4.4. Strategic Initiatives
                  9.5. Peregrine Manufacturing, Inc.
                      9.5.1. Company Overview
                      9.5.2. Financial Performance
                      9.5.3. Technology Benchmarking
                      9.5.4. Strategic Initiatives
                  9.6. Sunrise Manufacturing International Inc.
                      9.6.1. Company Overview
                      9.6.2. Financial Performance
                      9.6.3. Technology Benchmarking
                      9.6.4. Strategic Initiatives
                  9.7. Sun Path Products, Inc.
                      9.7.1. Company Overview
                      9.7.2. Financial Performance
                      9.7.3. Technology Benchmarking
                      9.7.4. Strategic Initiatives
                  9.8. Mirage Systems, Inc.
                      9.8.1. Company Overview
                      9.8.2. Financial Performance
                      9.8.3. Technology Benchmarking
                      9.8.4. Strategic Initiatives
                  9.9. Firebird USA LLC
                      9.9.1. Company Overview
                      9.9.2. Financial Performance
                      9.9.3. Technology Benchmarking
                      9.9.4. Strategic Initiatives
                  9.10. Flyneo.com
                      9.10.1. Company Overview
                      9.10.2. Financial Performance
                      9.10.3. Technology Benchmarking
                      9.10.4. Strategic Initiatives

List of Tables

1. Air sports equipment - Key market driver analysis
2. Air sports equipment - Key market restraint analysis
3. Global container/harness air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
4. Global protective gears air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
5. Global air sports equipment market estimates and forecast from other products, 2015 - 2025 (USD Million)
6. Global parachuting air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
7. Global paragliding air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
8. Global hang gliding air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
9. Global others air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
10. North America air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
11. North America air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
12. North America air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
13. U.S. air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
14. U.S. air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
15. U.S. air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
16. Europe air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
17. Europe air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
18. Europe air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
19. Europe air sports equipment market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
20. U.K. air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
21. U.K. air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
22. U.K. air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
23. Spain Air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
24. Spain air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
25. Spain air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
26. France air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
27. France air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
28. France air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
29. Asia Pacific air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
30. Asia Pacific air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
31. Asia Pacific air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
32. Thailand air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
33. Thailand air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
34. Thailand air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
35. Malaysia air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
36. Malaysia air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
37. Malaysia air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
38. Indonesia air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
39. Indonesia air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
40. Indonesia air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
41. Central & South America air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
42. Central & South America air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
43. Central & South America air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
44. Middle East & Africa air sports equipment market estimates and forecast, 20145 - 2025 (USD Million)
45. Middle East & Africa air sports equipment market revenue estimates and forecast by product 2015- 2025 (USD Million)
46. Middle East & Africa air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
47. Middle East & Africa air sports equipment market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
48. UAE air sports equipment market estimates and forecast, 2015 - 2025 (USD Million)
49. UAE air sports equipment market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
50. UAE air sports equipment market revenue estimates and forecast by application, 2015 - 2025 (USD Million)
51. Vendor landscape

List of Figures

1. Air sports equipment market snapshot 
2. Air sports equipment market segmentation & scope
3. Air sports equipment market penetration & growth prospect mapping
4. Air sports equipment value chain analysis
5. Air sports equipment market dynamics
6. Air sports equipment market Porter's analysis 
7. Air sports equipment market: Product movement analysis 
8. Air sports equipment market: Application movement analysis
9. Air sports equipment market: Regional movement analysis