Market Overview:
The global paraglider and freeflight equipment market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of freeflying as a recreational activity and rising demand for lightweight and easy-to-use equipment from professional users. Based on type, the paragliders segment is estimated to account for a major share of the global market in 2018. This can be attributed to their growing popularity among recreational users across regions. However, the harnesses and reserve parachutes segment is projected to grow at a higher CAGR during the forecast period owing to its increasing adoption by professional users for safety purposes. On basis of application, recreational users are anticipated to dominate the global market throughout 2030 followed by professional users.
Product Definition:
A paraglider is a winged structure that can be used to glide through the air. It is typically made of light and strong fabric, such as nylon, and is often brightly colored. The pilot hangs beneath the wing in a harness, controlling the glider's flight with shoulder straps and hand controls.
Paragliders are used for recreation, sport, or competition. They can be launched from hills or cliffs, or flown from an open area like a beach or field.
Paragliders:
Paragliders are used in freeflight equipment for the purpose of launching and recovering from the air. They are made out of different materials such as nylon, polyester, silk etc. depending upon their applications and uses. Paraglider is a type of wingsuit that is mostly used in free flight where it helps to provide stability while soaring high in the atmosphere by providing lift during take-off and landing procedures without using any engine power or fuel consumption.
Harnesses And Reserve Parachutes:
Harnesses and reserve parachutes are essential equipment used in paraglider and freeflight equipment. They help the pilot to maintain steering control during emergency situations such as engine failure or if he/she is caught in a downdraught. The main function of these devices is to protect the pilot from injuries caused by uncontrolled landing, which can be a result of any reason, e.g., instrument failure or loss of control due to strong winds on high altitude flights near trees or buildings.
Application Insights:
The recreational users segment held the largest share of more than 60.0% in 2017. The growing popularity of paragliding as a recreational activity among all age groups is expected to be a key factor driving the global market over the forecast period. According to an article published by National Geographic, paragliding has emerged as one of the most popular sports in New Zealand and it is also gaining popularity among other age groups across Europe and North America.
The professional application segment is expected to expand at a CAGR exceeding 8% from 2018 to 2030 owing to increasing tourism activities in various countries including Argentina, Bolivia, Chile, Colombia, Ecuador Peru.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of a large number of hills and mountains in this region. Moreover, Europe is home to some of the most popular paragliding destinations, including France, Italy and Croatia. The European market is expected to grow at a significant rate over the forecast period due to increasing participation from countries such as Switzerland and Norway.
Asia Pacific is anticipated to be one of the fastest-growing regional markets over the forecast period owing its growing popularity among adventure sports participants across countries such as India, China and Australia. Countries such as Japan have been hosting various international competitions that have led it being considered one of Asia’s top paragliding destinations.
Growth Factors:
- Increasing popularity of outdoor sports and activities
- Growing demand for lightweight and portable equipment
- Proliferation of online retail platforms
- Rising number of extreme sport enthusiasts
- Technological advancements in glider and freeflight equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Paraglider and Freeflight Equipment Market Research Report
By Type
Paragliders, Harnesses And Reserve Parachutes, Protective Gears
By Application
Recreational Users, Professional Users
By Companies
Advance Thun, airG Products, AirCross Paragliders, AirDesign, Axis, Bruce Goldsmith Design, Dudek Paragliders, GIN Gliders, GRADIENT, ICARO Paragliders, Independence-World, ITV Parapentes, Mac Para, Skyman, Niviuk Paragliders, NOVA Vertriebsgesellschaft, NZ Aerosports
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Paraglider and Freeflight Equipment Market Report Segments:
The global Paraglider and Freeflight Equipment market is segmented on the basis of:
Types
Paragliders, Harnesses And Reserve Parachutes, Protective Gears
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
Recreational Users, Professional Users
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:
- Advance Thun
- airG Products
- AirCross Paragliders
- AirDesign
- Axis
- Bruce Goldsmith Design
- Dudek Paragliders
- GIN Gliders
- GRADIENT
- ICARO Paragliders
- Independence-World
- ITV Parapentes
- Mac Para
- Skyman
- Niviuk Paragliders
- NOVA Vertriebsgesellschaft
- NZ Aerosports
Highlights of The Paraglider and Freeflight Equipment 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:
- Paragliders
- Harnesses And Reserve Parachutes
- Protective Gears
- By Application:
- Recreational Users
- Professional Users
- 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 Paraglider and Freeflight Equipment 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Paragliding is an activity where a person flies through the air using paraglider equipment. Freeflight equipment refers to any type of flying device that does not require a pilot or ground crew, such as hang gliders and powered parachutes.
Some of the key players operating in the paraglider and freeflight equipment market are Advance Thun, airG Products, AirCross Paragliders, AirDesign, Axis, Bruce Goldsmith Design, Dudek Paragliders, GIN Gliders, GRADIENT, ICARO Paragliders, Independence-World, ITV Parapentes, Mac Para, Skyman, Niviuk Paragliders, NOVA Vertriebsgesellschaft, NZ Aerosports.
The paraglider and freeflight equipment market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Paraglider and Freeflight Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Paraglider and Freeflight Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Paraglider and Freeflight Equipment Market - Supply Chain
4.5. Global Paraglider and Freeflight Equipment Market Forecast
4.5.1. Paraglider and Freeflight Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Paraglider and Freeflight Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Paraglider and Freeflight Equipment Market Absolute $ Opportunity
5. Global Paraglider and Freeflight Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Paraglider and Freeflight Equipment Market Size and Volume Forecast by Type
5.3.1. Paragliders
5.3.2. Harnesses And Reserve Parachutes
5.3.3. Protective Gears
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Paraglider and Freeflight Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Paraglider and Freeflight Equipment Market Size and Volume Forecast by Application
6.3.1. Recreational Users
6.3.2. Professional Users
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Paraglider and Freeflight Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Paraglider and Freeflight Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Paraglider and Freeflight Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Paraglider and Freeflight Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Paraglider and Freeflight Equipment Demand Share Forecast, 2019-2026
9. North America Paraglider and Freeflight Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Paraglider and Freeflight Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Paraglider and Freeflight Equipment Market Size and Volume Forecast by Application
9.4.1. Recreational Users
9.4.2. Professional Users
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Paraglider and Freeflight Equipment Market Size and Volume Forecast by Type
9.7.1. Paragliders
9.7.2. Harnesses And Reserve Parachutes
9.7.3. Protective Gears
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Paraglider and Freeflight Equipment Demand Share Forecast, 2019-2026
10. Latin America Paraglider and Freeflight Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Paraglider and Freeflight Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Paraglider and Freeflight Equipment Market Size and Volume Forecast by Application
10.4.1. Recreational Users
10.4.2. Professional Users
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Paraglider and Freeflight Equipment Market Size and Volume Forecast by Type
10.7.1. Paragliders
10.7.2. Harnesses And Reserve Parachutes
10.7.3. Protective Gears
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Paraglider and Freeflight Equipment Demand Share Forecast, 2019-2026
11. Europe Paraglider and Freeflight Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Paraglider and Freeflight Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Paraglider and Freeflight Equipment Market Size and Volume Forecast by Application
11.4.1. Recreational Users
11.4.2. Professional Users
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Paraglider and Freeflight Equipment Market Size and Volume Forecast by Type
11.7.1. Paragliders
11.7.2. Harnesses And Reserve Parachutes
11.7.3. Protective Gears
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Paraglider and Freeflight Equipment Demand Share, 2019-2026
12. Asia Pacific Paraglider and Freeflight Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Paraglider and Freeflight Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Paraglider and Freeflight Equipment Market Size and Volume Forecast by Application
12.4.1. Recreational Users
12.4.2. Professional Users
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Paraglider and Freeflight Equipment Market Size and Volume Forecast by Type
12.7.1. Paragliders
12.7.2. Harnesses And Reserve Parachutes
12.7.3. Protective Gears
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Paraglider and Freeflight Equipment Demand Share, 2019-2026
13. Middle East & Africa Paraglider and Freeflight Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Paraglider and Freeflight Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Paraglider and Freeflight Equipment Market Size and Volume Forecast by Application
13.4.1. Recreational Users
13.4.2. Professional Users
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Paraglider and Freeflight Equipment Market Size and Volume Forecast by Type
13.7.1. Paragliders
13.7.2. Harnesses And Reserve Parachutes
13.7.3. Protective Gears
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Paraglider and Freeflight Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Paraglider and Freeflight Equipment Market: Market Share Analysis
14.2. Paraglider and Freeflight Equipment Distributors and Customers
14.3. Paraglider and Freeflight Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Advance Thun
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. airG Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AirCross Paragliders
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AirDesign
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Axis
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bruce Goldsmith Design
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dudek Paragliders
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GIN Gliders
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GRADIENT
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ICARO Paragliders
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Independence-World
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ITV Parapentes
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mac Para
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Skyman
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Niviuk Paragliders
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. NOVA Vertriebsgesellschaft
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. NZ Aerosports
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
