Surge in demand for submersible pressure gauge as a device to monitor the breathing gas supply in scuba diving equipment, as well as the rise in requirement to keep track of the gas supply drive the growth of the submersible pressure gauge market. Many submersible pressure gauge applications need their usage in temporary installations. The submersible pressure gauge is ideal for a broad range of applications, including mechanical engineering, hydraulics/pneumatics, pumps/compressors, and general service/test operations, all these wide variety of applications are driving the growth of the global submersible pressure sensors market.
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Market Trends
- Scuba Schools International (SSI) has been bought by Mares, a diving equipment manufacturer, and Head, a parent company of Mares.
- Silva Sweden AB and Johnson Outdoors Inc., a prominent outdoor recreation equipment business, have reached an agreement for Silva Sweden AB to acquire the Silva trademark rights in North America. Silva Sweden will receive the global trademark rights to the Silva brand as a result of this agreement.
- Northport Systems, Inc., a specialist in the creation and deployment of unique digital cartography technologies and solutions, has been acquired by Johnson Outdoors Inc. Northport provides new cartographic capabilities to Johnson Outdoors Inc., which may extend the company’s innovation vision, speed up time to market, and increase the possibility for larger new product success and long-term growth in the worldwide fishing brands.
Top Key Market Players
- Apollo Sports USA
- Atomic Aquatics
- Beuchat Company
- Cressi Company
- Dive Rite Company
- Duton Industry
- H2Odyssey
- Johnson Outdoors Company
- Mares Company
- Oceanic Asia Pacific
- Sherwood Scuba
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Key Benefits of the Report
- This study presents the analytical depiction of the submersible pressure gauge industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Submersible pressure gauge market share.
- The current market is quantitatively analyzed from 2020 to 2030 to highlight the submersible pressure gauge market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Submersible pressure gauge market analysis based on competitive intensity and how the competition will take shape in coming years
COVID-19 Impact analysis
- The COVID-19 epidemic has had a major influence on the global submersible pressure gauge market. New projects have halted all across the world, resulting in a major drop in demand for submersible pressure gauges.
- Many industries have been harmed by the COVID-19 epidemic. The industrial process has come to a standstill, and raw materials are in limited supply.
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