Market Overview:
The global dive compasses market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing popularity of diving as a recreational activity and rising demand for fishing equipment. Northern hemisphere dive compasses are expected to account for a larger share of the global dive compass market, owing to higher adoption rates in developed countries such as Europe and North America. Asia Pacific is projected to be the fastest-growing region in terms of revenue during the forecast period, followed by Latin America and Middle East & Africa.
Product Definition:
A dive compass is a navigation tool used by divers to orient themselves underwater and measure their distance from a known location. It is an essential piece of safety gear for all divers, regardless of experience level.
Northern Hemisphere Dive Compasses:
Dive compasses are instruments used to navigate underwater. They can be divided into two broad categories, surface based and bottom based. Surface-based compasses are designed to work at or near the surface of the water while bottom-based ones are designed to function in or near the bottoming depth of a particular water body (ocean, lake, etc.). Dive compass is an instrument that helps divers in finding direction and distance while diving.
Southern Hemisphere Dive Compasses:
The Southern Hemisphere Dive Compasses are used to determine the direction underwater. The compasses are usually mounted on the divers wrist or ankle so that they can constantly keep a bearing while swimming or diving.
There are two types of Dive Compasses, fixed and portable.
Application Insights:
The fishing application segment dominated the global market with a share of over 40.0% in 2017. The use of compasses while fishing has been prevalent since the advent of modern technology and equipment for catching fish, such as nets, trawls and draggers. In addition to providing direction to fishermen during their journey in boats or ships, these devices also help them determine the position of the sea floor when they are deep underwater by displaying it on a digital display or analog dials. Furthermore, these products assist anglers by calculating approximate depths at which species like tuna swim up from deep water and feed along with other useful information regarding fish behavior that helps them land more catches.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing recreational and professional fishing activities across U.S., Canada, and Mexico on a large scale.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to rising number of professional divers in countries such as China.
Growth Factors:
- Increasing popularity of diving as a recreational activity
- Growing demand for dive compasses from the military and defense sector
- Rising awareness about the benefits of using dive compasses among divers
- Technological advancements in dive compass design and functionality
- Proliferation of online retail platforms that offer a wide range of dive compass models at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Dive Compasses Market Research Report
By Type
Northern Hemisphere Dive Compasses, Southern Hemisphere Dive Compasses
By Application
Fishing, Diving
By Companies
Aeris, Amaranto, Aqua Lung, Beaver, Beuchat, Cressi-Sub, Mares, Northern Diver, Oceanic WorldWide, Ritchie Navigation, Aeris, Scubapro, Seac sub, Suunto, Tabata
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Dive Compasses Market Report Segments:
The global Dive Compasses market is segmented on the basis of:
Types
Northern Hemisphere Dive Compasses, Southern Hemisphere Dive Compasses
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fishing, Diving
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aeris
- Amaranto
- Aqua Lung
- Beaver
- Beuchat
- Cressi-Sub
- Mares
- Northern Diver
- Oceanic WorldWide
- Ritchie Navigation
- Aeris
- Scubapro
- Seac sub
- Suunto
- Tabata
Highlights of The Dive Compasses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Northern Hemisphere Dive Compasses
- Southern Hemisphere Dive Compasses
- By Application:
- Fishing
- Diving
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dive Compasses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A dive compass is a device used underwater to help divers maintain their orientation and track their position.
Some of the major companies in the dive compasses market are Aeris, Amaranto, Aqua Lung, Beaver, Beuchat, Cressi-Sub, Mares, Northern Diver, Oceanic WorldWide, Ritchie Navigation, Aeris, Scubapro, Seac sub, Suunto, Tabata.
The dive compasses market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dive Compasses Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dive Compasses Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dive Compasses Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dive Compasses Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dive Compasses Market Size & Forecast, 2020-2028
4.5.1 Dive Compasses Market Size and Y-o-Y Growth
4.5.2 Dive Compasses Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Northern Hemisphere Dive Compasses
5.2.2 Southern Hemisphere Dive Compasses
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fishing
6.2.2 Diving
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dive Compasses Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dive Compasses Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Northern Hemisphere Dive Compasses
9.6.2 Southern Hemisphere Dive Compasses
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fishing
9.10.2 Diving
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Northern Hemisphere Dive Compasses
10.6.2 Southern Hemisphere Dive Compasses
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fishing
10.10.2 Diving
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Northern Hemisphere Dive Compasses
11.6.2 Southern Hemisphere Dive Compasses
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fishing
11.10.2 Diving
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Northern Hemisphere Dive Compasses
12.6.2 Southern Hemisphere Dive Compasses
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fishing
12.10.2 Diving
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Northern Hemisphere Dive Compasses
13.6.2 Southern Hemisphere Dive Compasses
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fishing
13.10.2 Diving
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dive Compasses Market: Competitive Dashboard
14.2 Global Dive Compasses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aeris
14.3.2 Amaranto
14.3.3 Aqua Lung
14.3.4 Beaver
14.3.5 Beuchat
14.3.6 Cressi-Sub
14.3.7 Mares
14.3.8 Northern Diver
14.3.9 Oceanic WorldWide
14.3.10 Ritchie Navigation
14.3.11 Aeris
14.3.12 Scubapro
14.3.13 Seac sub
14.3.14 Suunto
14.3.15 Tabata
