Wrist Dive Computer Market Research In-Depth Analysis, Market Applications, Key End-Users Forecasts To 2020-2030
eCommerce, Product Releases Revive Market Growth During Coronavirus Pandemic
Since travel and tourism activities have been affected due to the coronavirus crisis, stakeholders in the wrist dive computer market are witnessing a drop in product sales. In order to keep economies running, stakeholders are boosting their sales through online marketing and eCommerce in countries where COVID-19 cases have significantly reduced.
Despite the challenges encountered by companies in the wrist dive computer market during the pandemic, product innovations continue to revive market growth. SCUBAPRO is gaining recognition for launching its new Aladin A2 fully loaded dive computer meant for advanced divers and technical divers. Competitor companies are taking cues from such products to innovate in dive computers that are compact and convenient for CCR divers and free divers.
Re-engineering Dive Computers Helps Overcome Challenge of Strengthening Chassis
The wrist dive computer market is projected to expand at a modest CAGR of ~4% during the forecast period. However, there is a need to strengthen the chassis of dive computers without significantly increasing its overall size. Hence, Deepblu – one of the fastest-growing online community for divers and ocean enthusiasts, is capitalizing on this opportunity to publicize the COSMIQ+ Gen 5 dive computer, which is found to improve physical performance and strengthen the chassis.
Manufacturers in the wrist dive computer market are increasing their research to develop dive computers with new chassis design that are equipped with additional fasteners and increased memory to accommodate several hundreds of dive logs. Customizable depth alarms are being preferred in these devices.
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Beginner-friendly, Affordable Dive Computers Preferred by Users
The wrist dive computer market is predicted to reach a valuation of US$ 400 Mn by 2030. An increasing number of startups and eCommerce are intensifying competition in the market landscape. However, still many devices lack appropriate user manual, have bulky designs, and are deficient in memory. Hence, there is a need to reinforce R&D in products to gain a competitive edge over other market players by increasing the availability of affordable and beginner-friendly wrist dive computers.
Dive computers such as the Mares Puck Pro, Suunto Zoop Novo, and Cressi Leonardo are being highly publicized in the wrist dive computer market. Eye-catchy colors, sophisticated design, and budget-friendly dive computers are being preferred by beginners and advanced divers. Manufacturers are increasing the availability of devices that are compatible with Windows and Mac PCs.
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Seasoned Divers Opt for Wireless Air Integration in Dive Computers
Buying guides and online reviews are helping divers make an informed purchase decision. Manufacturers in the wrist dive computer market are increasing their production capabilities in air integrated dive computers with sleek designs and rugged build to boost product uptake. There is a growing awareness about price, diving level, navigation, and display among users. This awareness is gaining more importance, as many times the device’s backlight malfunctions and makes it challenging for divers to read the data.
Manufacturers in the wrist dive computer market are innovating in devices that deploy wireless air integration that is synced to a Bluetooth transmitter mounted to the first stage of the regulator. However, wireless transmitters usually do not come with dive computers, which implies that users need to pay extra to achieve this integration. Hence, manufacturers are targeting seasoned divers who are ready to invest in air transmitters, as these devices are potentially fragile and susceptible to damage. Key buying factors including data on oxygen blend, display type, and operating modes are influencing buyer decision in the global wrist dive computer market.
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