The analysts forecast the global hang gliding equipment market to grow at a CAGR of 9.76% during the period 2018-2022.
Hang gliding is an aerial recreational sports activity in which a pilot flies a light, non-motorized foot-launched glider. Most modern hang gliders are made of an aluminum alloy or composite frame covered with synthetic sailcloth to form a wing.
One trend in the market is surge in innovative hang gliding equipment. Key competitors are offering hang gliding equipment to regular adventurists and travelers. They are continuously innovating in terms of materials, weight, and quality. The demand for technologically advanced hang gliding equipment is constantly increasing because of the complexities of natural environments.
One driver in the market is increasing popularity of extreme sports activities. Nowadays, several individuals prefer extreme sports activities during vacations, such as hang gliding, bungee jumping, skydiving, surfing, rock or mountain climbing, caving, snorkeling, surfing, jet skiing, and wakeboarding.
The report states that one challenge in the market is stringent regulations for hang gliding. Hang gliding is a self-regulated sport with no official certification required by law to own or operate a hang glider. However, most landing zones and launch sites appropriate for hang gliding require a certification by the United States Hang Gliding and Paragliding Association (USHPA). Failure to follow site guidelines can result in sites being shut down and legal action.
- Wills Wing
- Aeros Company
- Moyes Delta Gliders
- ICARO 2000
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
4: Market Landscape
5: Market Sizing
6: Five Forces Analysis
7: Market Segmentation By Application
8: Market Segmentation By End User
9: Market Segmentation By Product
10: Customer Landscape
11: Regional Landscape
12: Decision Framework
13: Drivers And Challenges
14: Market Trends
15: Vendor Landscape
16: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/wcd4k6/global_hang?w=4