How big is the Diving Equipment Market

Q: What is driving the demand for diving equipment market?

The demand for diving equipment market is driven by the growth of marine tourism and rising offshore industrial operations.

Q: What are the latest innovations in diving equipment industry?

Innovations include ultra-light drysuits, smart air-integrated masks, and digital underwater cameras integrated into gear.

Q: How big is the diving equipment market?

The diving equipment market is expected to exceed the valuation of USD 5.8 billion by 2031.

Q: Is the diving equipment industry sustainable?

Yes, the industry is shifting toward recyclable materials and digital training to reduce waste and carbon footprint.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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How big is the Diving Equipment Market | Growth Analysis 2025

Code: MTA5147

Publication Date: Jul 2025

How Big Is the Diving Equipment Market?

According to 绿帽社 internal database and industry insights, the Global Diving Equipment Market was estimated at USD 3.2 billion in 2024 and is anticipated to exceed USD 5.8 billion by 2031, growing at a CAGR of 8.3%.

This growth can be attributed to growing popularity of recreational diving, rising marine tourism in coastal nations, growing interest in underwater sports, and heightened demand from the defense and offshore oil & gas sectors.

Growth Factors of the Diving Equipment Market

Investments in underwater defense and rescue missions are increasing
Demand from oil & gas offshore exploration requiring advanced gear
Increasing recreational diving and underwater exploration activities
Expanding eco-tourism and scuba diving hotspots across Asia-Pacific and the Caribbean
Technological upgradations in high-performance diving gear
Rising awareness and training in underwater safety practices

Diving Equipment Market Trends

Diving Equipment Market is witnessing transformative trends such as the development of compact, travel-friendly gear for casual divers, integration of smart technology into dive computers and masks, and a strong push for sustainable and eco-conscious gear. Additionally, there is a rise in modular equipment systems and drysuits designed for extreme underwater environments, catering to both recreational and professional divers.

Emerging Developments in Diving Equipment Market

Leading manufacturers are focusing on innovations in buoyancy compensators, underwater communication systems, and energy-efficient rebreathers. Partnerships with marine safety institutions, adoption of eco-materials, and online training programs are transforming the landscape of Diving Equipment Industry. Moreover, demand is increasing for AI-integrated diving computers and heads-up displays that enhance underwater navigation and safety.