Wrist dive computers are essential electronic devices used by scuba divers to monitor statistics such as depth, dive time, ascent rate and nitrogen levels in the body. These computers help divers track no-decompression limits and surface intervals to avoid decompression sickness or "the bends". Main advantages of wrist dive computers include compact and lightweight design that provide all necessary diving information conveniently on wrist, along with functionality of keeping track of multiple dives and calculating nitrogen absorption. Rising participation in recreational scuba diving has fuelled demand for reliable and affordable wrist dive computers.

The Global Wrist Dive Computer Market is estimated to be valued at US$ 330.80 Mn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the wrist dive computer market are Cressi SpA, Mares, Suunto, Oceanic S.A., Shearwater Research Inc., Sherwood Scuba LLC, Tabata USA, Inc., CREST DIVING, ATMOS, Poseidon Diving System AB, Aqua Lung International, Atomic Aquatics, Johnson Outdoors Inc., Genesis Scuba, and Garmin Ltd. The prominence of brands like Suunto and Mares has established Europe as the dominant regional market currently accounting for over 30% of the global demand.

Rising popularity of scuba diving as a recreational activity especially among younger populations is driving the growth of wrist dive computers market. Manufacturers are innovating to cater to beginner divers by introducing affordable entry-level computers with easy-to-understand displays.

Advancements in material sciences have allowed manufacturers to build lighter and stronger casings for dive computers. OLED displays provide better visibility and contrast underwater. Integration of Bluetooth and ANT+ connectivity enables wireless data transfer to companion smartphone apps for detailed dive log analysis.

Market Trends

Increasingadoption of color screens - Color screens provide better visualization of dive parameters like nitrogen loading in different colors compared to single-color LCD displays. This helps divers make safer diving decisions.

Development of smart diving technologies - Major players are focusing on integrating additional smart functions like hand sensitivity technology, oceanic gamification features and underwater photo capture to engagement. Suunto recently launched a smart 5 dive computer with extensive log book and companion app connectivity.

Market Opportunities

Popularity among technical divers -Advanced computers with additional modes and algorithms are gaining acceptance among technical divers for applications like technical mixing, gas switching and decompression.

Multi-environment devices -Manufacturers can tap opportunities by designing devices with additional functionalities of monitoring vital stats during other water activities like swimming, surfing etc. This could appeal to a wider target base.

Impact of COVID-19 on Wrist Dive Computer Market Growth

The onset of the COVID-19 pandemic severely impacted the growth of the Wrist Dive Computer Market Demand in 2020. With international travel restrictions and lockdowns imposed worldwide, recreational diving activities declined sharply. This led to a decrease in demand for new wrist dive computers. Moreover, the supply chain disruptions caused by lockdowns also affected the manufacturing and distribution of dive computers.

However, as restrictions started easing in 2021, the market saw a revival. Diving tourism rebounded in regions where the pandemic was controlled. Additionally, many recreational divers explored local diving sites instead of international destinations. This helped revive demand to some extent. Going forward, the market is expected to continue recovering as more people get vaccinated and travel restrictions are lifted gradually. However, recurrent waves of COVID-19 infections may continue posing challenges.

Manufacturers will need to focus on hygienic packaging and shipping practices to attract customers concerned about safety. Emphasis on online sales channels and virtual product demonstrations can boost demand too. Collaboration with local dive centers and promotion of local diving spots can aid the recovery. Meanwhile, demand from commercial and military divers involved in essential services has remained relatively steady during the pandemic. Their willingness to upgrade equipment provides some resilience to market revenues.

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