The wrist dive computer market refers to the industry of devices that are designed to monitor and track scuba diving activities. These devices are typically worn on the wrist and provide a range of features such as depth, time, and temperature measurements, as well as dive logging capabilities. Some models may also include additional features such as heart rate monitoring, GPS tracking, and wireless connectivity.
The Wrist Dive Computer Market was valued at 241 million in 2022 and is expected to grow at a steady rate of around 4.8% in the forecasted period (2023-2030) owing to the growing demand for devices that can track and monitor dives. Also, the market is further driven by several key factors, including the increasing popularity of scuba diving and snorkeling, advancements in technology, growing awareness of water sports safety, increased affordability, expansion of online sales channels, and growing interest in recreational diving. Additionally, there is a growing trend towards specialized wrist dive computers that cater to specific types of diving, such as technical diving or freediving.
Based on type, the market is bifurcated into air integrated, and non-air integrated. Among these, the non-air integrated segment is currently leading the wrist dive computer market. This is because non-air integrated dive computers are more affordable and offer a wider range of features, such as heart rate monitoring and GPS capabilities, which are attractive to recreational divers. Additionally, this segment is expected to continue growing in the near future due to advancements in technology and the increasing popularity of scuba diving as a recreational activity.
Based on navigation, the market is bifurcated into with compass, and without compass. Among these, the segment without compass is currently leading the wrist dive computer market. This is because many modern dive computers have built-in GPS capabilities, which allow for more accurate navigation and tracking of dive routes without the need for a separate compass. Additionally, dive computers without compasses tend to be more lightweight and streamlined, making them easier to wear and use during dives.
Based on display, the market is bifurcated into backlit display, and non-backlit display. Among these, the non-backlit display segment has been dominating the wrist dive computer market due to its cost-effectiveness and longer battery life. Non-backlit displays don't require any power to maintain their display, which means they can run for longer periods of time without needing to be recharged. Additionally, they tend to be less expensive to produce, making them a more attractive option for budget-conscious consumers.
For a better understanding of the market adoption of Wrist Dive Computer, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. The wrist dive computer market in North America has been experiencing significant growth and adoption in recent years, driven by several factors. One major factor is the increasing popularity of scuba diving and snorkeling as recreational activities. As more people take up these hobbies, there is a growing demand for reliable and convenient dive computing devices that can help them track their dives and monitor their health. Another factor contributing to the growth of the wrist dive computer market in North America is the advancement of technology. Modern wrist dive computers are equipped with features such as GPS, wireless connectivity, and sophisticated algorithms that provide more accurate and detailed information on dive profiles, water temperature, and other important data. This has made them more appealing to divers who value precision and convenience.
Some of the major players operating in the market include Aqua Lung International.; Cressi S.p.A.; Garmin Ltd; Genesis Scuba; MARES; Oceanic / Huish Outdoors, LLC.; Scubapro / Johnson Outdoors Inc.; Seacsub SPA; Shearwater Research Inc.; Suunto / Amer Sports Brand.
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Main Objective
1.3. Stakeholders
1.4. Limitation
2 RESEARCH METHODOLOGY OR ASSUMPTIONS
2.1. Research Process of the Wrist Dive Computer Market
2.2. Research Methodology of the Wrist Dive Computer Market
2.3. Respondent Profile
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 IMPACT OF COVID-19 ON THE WRIST DIVE COMPUTER MARKET