Wrist Dive Computer Market: Introduction
Transparency Market Research delivers key insights into the global wrist dive computer market. In terms of revenue, the global wrist dive computer market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global wrist dive computer market.
The global market for wrist dive computers is largely affected by numerous factors, including growth in diving tourism and rising participating of scuba divers in marine conservation. The rising trend of fashion-conscious consumers preferring colorful wrist straps and flexible designs are driving the global wrist dive computer market.
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Wrist Dive Computer Market: Key Segments
The global wrist dive computer market has been segmented on the basis of type, display, pressure, navigation, memory, price, distribution channel, and region. Based on type, the wrist dive computer market has been divided into air integrated, non-air integrated, and air/nitrox integrated. The demand for durable wrist dive computers featuring enhanced battery life and improved dive storage capacity is very high across key regions such as Asia Pacific and South America. Moreover, the demand for scuba diving is anticipated to expand at a significant CAGR during the forecast period, owing to the frequent launch of new products.
In terms of display, the market has been classified into backlit display and non-backlit display. Backlit display is easy to read at a glance in low light environments, even in poor conditions, especially to old eyes. Wrist dive computers with display are easy to use and can change the display while diving. Based on display, the market is expected to expand at a CAGR of 4.1% during the forecast period. Changing lifestyle, rise in disposable income, increase in use of connected wearable, and modified spending habits on leisure activities are the factors triggering the demand for wrist drive computers in developed countries. The rise in popularity of water sports and increase in preference for scuba diving are likely to boost the wrist dive computer market.
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Rohit Bhisey
Transparency Market Research Inc.
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