Market Overview:
The global portable altimeter market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wearable portable altimeters and rising popularity of adventure sports. Additionally, the growing awareness about the benefits of using portable altimeters is also contributing to the growth of this market. Based on type, wearable portable altimeters are expected to account for a larger share of the global market than not wearable ones during the forecast period. This can be attributed to their growing popularity among consumers owing to their ease-of-use and portability.
Product Definition:
A portable altimeter is an instrument used to measure the altitude of an object above a fixed level. It is important for pilots, hikers, and climbers to know their elevation as it can help with navigation and safety.
Wearable:
The wearable technology market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this industry is increasing adoption of smart devices among consumers. Technological advancement in sensor technology and manufacturing has led to a surge in demand for fitness and healthcare-related products, which include altimeters as one of its essential features.
not Wearable:
The market is still in its nascent stage and has a long way to go before it becomes mature. The industry is moving towards the development of products that are more user-friendly, which also happens to be highly efficient. Wearable technology has been around for quite some time; however, it was limited to the fitness sector until recently when technological advancement made wearable devices more approachable and less restricting.
Application Insights:
Paraglider was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. Paragliding is a winter sport which requires an accurate measurement of height for planning various activities, such as launching and landing. The free flight segment is also estimated to witness significant growth during the same period owing to increasing number of adventure enthusiasts who are into paragliding or wingsuit flying. These adventurers require highly portable altitude devices for measuring their heights while airborne, thus contributing towards segment growth during the study period.
Hot air ballooning has become increasingly popular as a leisure activity over recent years across Europe, North America and Asia Pacific regions due to rising disposable income levels among consumers coupled with improved living standards which promote spending on recreational activities such as hot air ballooning.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., as a leading country, has witnessed significant growth in the paraglider and free flight segment owing to increasing demand for adventure sports activities such as paragliding and free flying. Moreover, with an increase in awareness regarding outdoor recreation activities among people, North America is expected to witness significant growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to growing popularity of portable altimeters among pilots across countries such as China and India for conducting aerial adventures including hot air ballooning and mountaineering flights respectively.
Growth Factors:
- Increasing demand for altitude measurement in aviation and defense sectors
- Growing popularity of outdoor activities and adventure sports
- Proliferation of unmanned aerial vehicles (UAVs) or drones
- Development of advanced altimeter technologies
- Expansion of the global tourism industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Altimeter Market Research Report
By Type
Wearable, not Wearable
By Application
Paraglider, Free Flight, Hot Air Balloon, Mountaineering, Other
By Companies
Alti-2 Europe Ltd, Charly Produkte, Compass srl, DigiAlti, Digifly, Flymaster Avionics LDA., Garmin, Lixada, Renschler, SkyBean, Skytraxx, STODEUS, Syride, Volirium, XC Tracer
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Portable Altimeter Market Report Segments:
The global Portable Altimeter market is segmented on the basis of:
Types
Wearable, not Wearable
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
Paraglider, Free Flight, Hot Air Balloon, Mountaineering, Other
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:
- Alti-2 Europe Ltd
- Charly Produkte
- Compass srl
- DigiAlti
- Digifly
- Flymaster Avionics LDA.
- Garmin
- Lixada
- Renschler
- SkyBean
- Skytraxx
- STODEUS
- Syride
- Volirium
- XC Tracer
Highlights of The Portable Altimeter 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:
- Wearable
- not Wearable
- By Application:
- Paraglider
- Free Flight
- Hot Air Balloon
- Mountaineering
- Other
- 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 Portable Altimeter 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
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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 portable altimeter is a device that measures altitude.
Some of the major companies in the portable altimeter market are Alti-2 Europe Ltd, Charly Produkte, Compass srl, DigiAlti, Digifly, Flymaster Avionics LDA., Garmin, Lixada, Renschler, SkyBean, Skytraxx, STODEUS, Syride, Volirium, XC Tracer.
The portable altimeter market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Altimeter 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 Portable Altimeter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Altimeter 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 Portable Altimeter 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 Portable Altimeter Market Size & Forecast, 2020-2028
4.5.1 Portable Altimeter Market Size and Y-o-Y Growth
4.5.2 Portable Altimeter 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 Wearable
5.2.2 not Wearable
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 Paraglider
6.2.2 Free Flight
6.2.3 Hot Air Balloon
6.2.4 Mountaineering
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Altimeter 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 Portable Altimeter 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 Wearable
9.6.2 not Wearable
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 Paraglider
9.10.2 Free Flight
9.10.3 Hot Air Balloon
9.10.4 Mountaineering
9.10.5 Other
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 Wearable
10.6.2 not Wearable
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 Paraglider
10.10.2 Free Flight
10.10.3 Hot Air Balloon
10.10.4 Mountaineering
10.10.5 Other
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 Wearable
11.6.2 not Wearable
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 Paraglider
11.10.2 Free Flight
11.10.3 Hot Air Balloon
11.10.4 Mountaineering
11.10.5 Other
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 Wearable
12.6.2 not Wearable
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 Paraglider
12.10.2 Free Flight
12.10.3 Hot Air Balloon
12.10.4 Mountaineering
12.10.5 Other
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 Wearable
13.6.2 not Wearable
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 Paraglider
13.10.2 Free Flight
13.10.3 Hot Air Balloon
13.10.4 Mountaineering
13.10.5 Other
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 Portable Altimeter Market: Competitive Dashboard
14.2 Global Portable Altimeter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Alti-2 Europe Ltd
14.3.2 Charly Produkte
14.3.3 Compass srl
14.3.4 DigiAlti
14.3.5 Digifly
14.3.6 Flymaster Avionics LDA.
14.3.7 Garmin
14.3.8 Lixada
14.3.9 Renschler
14.3.10 SkyBean
14.3.11 Skytraxx
14.3.12 STODEUS
14.3.13 Syride
14.3.14 Volirium
14.3.15 XC Tracer
