Air Sports Equipment Market size to grow by USD 1,352.91 million between 2022 and 2027; Adrenalin Base, Aerodyne Research LLC among others, identified as key vendors – Technavio

NEW YORK, May 10, 2023 /PRNewswire/ — The air sports equipment market size is set to grow by USD 1352.91 million between 2023 and 2027, and register a CAGR of  8.08%, according to Technavio’s latest market research report. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Adrenalin Base, Aerodyne Research LLC, Apco Aviation Ltd., APEX BASE, Atair d.o.o., BIRDMAN Ltd., Bonehead Composites, Dudek Paragliders s.j., Eric Roussel NEO SAS, GLH Systems Pty Ltd., ICARO Paragliders, Intrudair Ltd., OZONE GLIDERS LTD., Phoenix Fly d.o.o., Skylark, SOL SPORTS IND E COM LTDA, Sun Path Products Inc., SUPAIR SAS, Uninsured United Parachute Technologies LLC, and Velocity Sports Equipment are some of the major market participants. The growing prominence of competitive air sports, the increasing popularity of extreme adventure activities, and the multiple health-promoting benefits associated with air sports will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Air Sports Equipment Market 2023-2027: Segmentation

• Product 
• Paraglider/ Canopy/ Reserve Parachute: The market share growth by the paraglider/ canopy/ reserve parachute segment will be significant during the forecast period. The paraglider/canopy/reserve parachute segment was valued at USD 978.47 million in 2017 and continued to grow until 2021.
• Container And Harness
• Protective Gear
• Others
• Application 
• Skydiving
• Paragliding
• BASE Jumping
• Bungee Jumping
• Geography 
• Europe: Europe is estimated to contribute 51% to the growth of the global air sports equipment market during the forecast period. Tourists are more likely to arrive in Northern Europe, but Western Europe has the most developed adventure travel, including air sports. Such factors are expected to increase revenue and this region will continue to dominate the market during the forecast period. 
• APAC
• North America
• South America
• Middle East And Africa

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Some of the major vendors of the air sports equipment market in leisure products industry include Adrenalin Base, Aerodyne Research LLC, Apco Aviation Ltd., APEX BASE, Atair d.o.o., BIRDMAN Ltd., Bonehead Composites, Dudek Paragliders s.j., Eric Roussel NEO SAS, GLH Systems Pty Ltd., ICARO Paragliders, Intrudair Ltd., OZONE GLIDERS LTD., Phoenix Fly d.o.o., Skylark, SOL SPORTS IND E COM LTDA, Sun Path Products Inc., SUPAIR SAS, Uninsured United Parachute Technologies LLC, and Velocity Sports Equipment.

To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the air sports equipment market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

adrenalinbase.com- The company offers air sports equipment such as Hybrid ALIEN, LD5 Ultra Light.

flyaerodyne.com- The company offers air sports equipment such as Aerofit backpad, SkyHook.

apcoaviation.com- The company offers air sports equipment such as Zipped on Emergency Parachute Container, Zipped on Emergency Parachute Container for Split Legs harnesses, External Container for Mayday LT and SLT.

The report also covers the following areas:

• Air Sports Equipment Market size
• Air Sports Equipment Market trends
• Air Sports Equipment Market industry analysis

Market trends such as the increase in technological innovations to enhance product performance is likely to emerge as one of the primary drivers of the market. However, factors such as risk of fatal falls and severe injuries associated with air sports may threaten the growth of the market.

Market Drivers

• Growing prominence of competitive air sports
• Increasing popularity of extreme adventure activities
• Multiple health-promoting benefits associated with air sports

Market Trends

• Increase in technological innovations to enhance product performance
• Rising number of training programs and courses for different air sports
• Growing popularity of helicopter bungee jumping over active volcanoes

Market Challenges

• Risk of fatal falls and severe injuries associated with air sports
• Expensive nature of air sports
• Risks and limitations due to volatile weather conditions

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Air Sports Equipment Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist air sports equipment market growth during the next five years
• Estimation of the air sports equipment market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the air sports equipment market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of air sports equipment market vendors

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Smart Sports Equipment Market– The smart sports equipment market size is estimated to grow at a CAGR of 22.12% between 2022 and 2027. The market size is forecast to increase by USD 19,159.7 million. 

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Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global air sports equipment market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global air sports equipment market 2017 – 2021 ($ million)

• 4.2 By Product Segment Analysis 2017 – 2021
• Exhibit 19: Historic Market Size – By Product Segment 2017 – 2021 ($ million)

• 4.3 By Application Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – By Application Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product – Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Paraglider/ canopy/ reserve parachute – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Paraglider/ canopy/ reserve parachute – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Paraglider/ canopy/ reserve parachute – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Paraglider/ canopy/ reserve parachute – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Paraglider/ canopy/ reserve parachute – Year-over-year growth 2022-2027 (%)

• 6.4 Container and harness – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Container and harness – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Container and harness – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Container and harness – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Container and harness – Year-over-year growth 2022-2027 (%)

• 6.5 Protective gear – Market size and forecast 2022-2027
• Exhibit 42: Chart on Protective gear – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Protective gear – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Protective gear – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Protective gear – Year-over-year growth 2022-2027 (%)

• 6.6 Others – Market size and forecast 2022-2027
• Exhibit 46: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Product 
• Exhibit 50: Market opportunity by Product ($ million)
• Exhibit 51: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 52: Chart on Application – Market share 2022-2027 (%)
• Exhibit 53: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 54: Chart on Comparison by Application
• Exhibit 55: Data Table on Comparison by Application

• 7.3 Skydiving – Market size and forecast 2022-2027
• Exhibit 56: Chart on Skydiving – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Skydiving – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Skydiving – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Skydiving – Year-over-year growth 2022-2027 (%)

• 7.4 Paragliding – Market size and forecast 2022-2027
• Exhibit 60: Chart on Paragliding – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Paragliding – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Paragliding – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Paragliding – Year-over-year growth 2022-2027 (%)

• 7.5 BASE jumping – Market size and forecast 2022-2027
• Exhibit 64: Chart on BASE jumping – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on BASE jumping – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on BASE jumping – Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on BASE jumping – Year-over-year growth 2022-2027 (%)

• 7.6 Bungee jumping – Market size and forecast 2022-2027
• Exhibit 68: Chart on Bungee jumping – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Bungee jumping – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Bungee jumping – Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Bungee jumping – Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 72: Market opportunity by Application ($ million)
• Exhibit 73: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 Europe – Market size and forecast 2022-2027
• Exhibit 79: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.4 APAC – Market size and forecast 2022-2027
• Exhibit 83: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.5 North America – Market size and forecast 2022-2027
• Exhibit 87: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027
• Exhibit 91: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 95: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 99: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 Germany – Market size and forecast 2022-2027
• Exhibit 103: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.10 France – Market size and forecast 2022-2027
• Exhibit 107: Chart on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on France – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on France – Year-over-year growth 2022-2027 (%)

• 9.11 UK – Market size and forecast 2022-2027
• Exhibit 111: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.12 Japan – Market size and forecast 2022-2027
• Exhibit 115: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 116: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 117: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 119: Market opportunity by geography ($ million)
• Exhibit 120: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 121: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 122: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 123: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 124: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 125: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 126: Matrix on vendor position and classification

• 12.3 Adrenalin Base 
• Exhibit 127: Adrenalin Base – Overview
• Exhibit 128: Adrenalin Base – Product / Service
• Exhibit 129: Adrenalin Base – Key offerings

• 12.4 Aerodyne Research LLC 
• Exhibit 130: Aerodyne Research LLC – Overview
• Exhibit 131: Aerodyne Research LLC – Product / Service
• Exhibit 132: Aerodyne Research LLC – Key offerings

• 12.5 Apco Aviation Ltd. 
• Exhibit 133: Apco Aviation Ltd. – Overview
• Exhibit 134: Apco Aviation Ltd. – Product / Service
• Exhibit 135: Apco Aviation Ltd. – Key offerings

• 12.6 APEX BASE 
• Exhibit 136: APEX BASE – Overview
• Exhibit 137: APEX BASE – Product / Service
• Exhibit 138: APEX BASE – Key offerings

• 12.7 Atair d.o.o. 
• Exhibit 139: Atair d.o.o. – Overview
• Exhibit 140: Atair d.o.o. – Product / Service
• Exhibit 141: Atair d.o.o. – Key offerings

• 12.8 Bonehead Composites 
• Exhibit 142: Bonehead Composites – Overview
• Exhibit 143: Bonehead Composites – Product / Service
• Exhibit 144: Bonehead Composites – Key offerings

• 12.9 Dudek Paragliders s.j. 
• Exhibit 145: Dudek Paragliders s.j. – Overview
• Exhibit 146: Dudek Paragliders s.j. – Product / Service
• Exhibit 147: Dudek Paragliders s.j. – Key offerings

• 12.10 Eric Roussel NEO SAS 
• Exhibit 148: Eric Roussel NEO SAS – Overview
• Exhibit 149: Eric Roussel NEO SAS – Product / Service
• Exhibit 150: Eric Roussel NEO SAS – Key offerings

• 12.11 GLH Systems Pty Ltd. 
• Exhibit 151: GLH Systems Pty Ltd. – Overview
• Exhibit 152: GLH Systems Pty Ltd. – Product / Service
• Exhibit 153: GLH Systems Pty Ltd. – Key offerings

• 12.12 OZONE GLIDERS LTD. 
• Exhibit 154: OZONE GLIDERS LTD. – Overview
• Exhibit 155: OZONE GLIDERS LTD. – Product / Service
• Exhibit 156: OZONE GLIDERS LTD. – Key offerings

• 12.13 Phoenix Fly d.o.o. 
• Exhibit 157: Phoenix Fly d.o.o. – Overview
• Exhibit 158: Phoenix Fly d.o.o. – Product / Service
• Exhibit 159: Phoenix Fly d.o.o. – Key offerings

• 12.14 Skylark 
• Exhibit 160: Skylark – Overview
• Exhibit 161: Skylark – Product / Service
• Exhibit 162: Skylark – Key offerings

• 12.15 Sun Path Products Inc. 
• Exhibit 163: Sun Path Products Inc. – Overview
• Exhibit 164: Sun Path Products Inc. – Product / Service
• Exhibit 165: Sun Path Products Inc. – Key offerings

• 12.16 SUPAIR SAS 
• Exhibit 166: SUPAIR SAS – Overview
• Exhibit 167: SUPAIR SAS – Product / Service
• Exhibit 168: SUPAIR SAS – Key offerings

• 12.17 Velocity Sports Equipment 
• Exhibit 169: Velocity Sports Equipment – Overview
• Exhibit 170: Velocity Sports Equipment – Product / Service
• Exhibit 171: Velocity Sports Equipment – Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 174: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 17,000 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.

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