analysts forecast the global paragliding equipment market to grow at a
CAGR of over 4% during the forecast period, according to their
latest market research report. However, the growth momentum of the
market is expected to decelerate due to a decline in the year-over-year
The advent of innovative cameras and drones is one of the major trends
being witnessed in the global
paragliding equipment market 2019-2023. Rather than just taking
part in the activities, adventure sports enthusiasts love to get
captured while in the act, to relive the moment later. GoPro cameras are
new in the field of innovative cameras. These cameras are handy, which
allows jumpers to enjoy the adrenaline-fueled action and record their
experiences better than normal cameras.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
According to Technavio analysts, one of the key factors contributing to
the growth of the global paragliding equipment market is the rise in the
number and availability of adrenalin-boosting extreme sports activities:
Global paragliding equipment market: Rise in
the number and availability of adrenalin-boosting extreme sports
Fast-paced and busy lifestyles have compelled consumers to look out for
ways to de-stress. Hence, the demand for leisure activities and
adventure sports is on the rise, particularly among urban dwellers. This
together with the growing health consciousness and need of staying fit
and healthy are driving people towards alternative physical activities.
Therefore, the popularity of outdoor and adventure sports is increasing.
According to a senior analyst at Technavio, “Adventure sports, like
paragliding, skydiving, surfing, mountain climbing, caving, scuba
diving, snorkeling, surfing, jet skiing, and many other activities have
become inherent parts of recreational activities over the last decade.
These adrenalin-boosting activities are the best ways to de-stress. The
physical and mental health benefits of these activities have also
encouraged people to participate in these activities.”
Global paragliding equipment market:
The global paragliding equipment market research report provides market
segmentation by product (paragliders, harnesses, and reserve parachutes,
protective gears, and others), by end-user (recreational and
professional), by distribution channel (offline and online channel), and
by region (the Americas, EMEA, and APAC). It provides an in-depth
analysis of the prominent factors influencing the market, including
drivers, opportunities, trends, and industry-specific challenges.
In 2018, the paragliders held the largest market share in the product
segment, contributing to over 47% of the market. This product segment
will dominate the global market throughout the forecast period.
EMEA held the largest share of the market in 2018, accounting for close
to 68% share, followed by EMEA and APAC respectively. The region is
expected to continue to dominate the market during the forecast period.
Looking for more information on this market? Request
a free sample report
Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team
Media & Marketing Executive
+1 844 364 1100
UK: +44 203 893 3200