The scuba diving industry is a well-developed network of services including:
- Diver training
- Equipment manufacture
- Retail sales
- Organised trips, including live-aboard dive boats
Well over a million people take up diving each year, most of them learning recreational, open-circuit scuba diving. There are also specialist sectors to the market, such as freediving and technical diving, including rebreathers.
Electronics have opened up a number of new opportunities in diving, and most divers now carry dive computers. The technology has also enabled very sophisticated Closed Circuit Rebreathers (CCRs) and allowed underwater photography and videography to achieve superb results. Diver propulsion vehicles (DPVs) are becoming more efficient thanks to improvements in battery technology and underwater drones are now available.
According to a report by QY Research, the global Scuba Diving Equipment market size was US $990 million in 2018 and is forecast to rise to US $1,320 million in 2025, growing at a CAGR of 4.2% from 2018, so the industry is in a healthy state.
In addition to being keen travellers and adventurous, divers usually have a strong interest in taking care of the underwater environment, and the better service providers take care to ensure their operations are as role-model as possible in this respect.
We can advise on any aspect of this exciting industry thanks to very extensive experience in this field. Click here for details of Mark Caney’s career in this sector.