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Diver Propulsion Vehicles (DPV) Market By Product Type (Sit-on, Tow-behind, Manned Torpedoes, and Other), By Application (Tourism, Military, and Other): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026

  • Publish On: Feb-2020
  • Total Pages: 110
  • Report Code: FAF-435
  • Base Year: 2019
  • Format:

Industry Insights

The report encompasses the forecast as well as analysis of the diver propulsion vehicles market on a global and regional level. The study displays historical data of 2016 to 2018 along with a forecast from 2020 to 2026 based on revenue (USD Million) and Sales (K Units). Additionally, the market growth drivers, opportunities, limitations, and trends are also included in the diver propulsion vehicles market report.

We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the diver propulsion vehicles market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis of players.

The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the diver propulsion vehicles market. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the diver propulsion vehicles market.

The study provides a decisive view of the diver propulsion vehicles market by segmenting the wig market based on product type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The increasing military spending of major countries around the world such as the U.S., China, Russia, India, Saudi Arabia, and several others are propelling the growth of the diver propulsion vehicles market in the global scenario. Manufacturing of diving equipment and diver propulsion vehicles in the Asia Pacific region owing to the availability of competitive labor prices, supportive government initiatives are further driving the market growth. The other application segment is also witnessing a healthy growth rate owing to the rise in the non-professional training industry, exhibition, and various forms of research and development activities around the world.

The global diver propulsion vehicles market is segmented on the basis of product type, application, and regions. Sit-on, tow-behind, manned torpedoes and others are the product type segment. The tow-behind segment held the largest share of around 70% of the total product type segment. The application segment is categorized into tourism, military, and others. The tourism application segment accounted for around 60% of the total volume share of the global market. Asia Pacific, Europe, Latin America, North America, and Middle-East and Africa are the regional segmentation of the global diver propulsion vehicle market. Major countries included in the scope of the research report are the U.S., Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Brazil, GCC Countries, South Africa, and Argentina among others.

Key players operating in the diver propulsion vehicles industry are BRP, Yamaha Seascooters, CAYAGO AG, STIDD Systems, Inc., ROTINOR GmbH, TABATA CO., LTD., Dive Xtras Inc., SUEX SRL, Torpedo Inc., SCUBAJET GmbH, Seacraft, and Apollo Military. Merger and acquisition of smaller firms are among the primary strategies followed by manufacturers. For instance, in 2018, a major player in the market BRP has entered into a definitive agreement to acquire Triton Industries, Inc., the leading North American manufacturer of the Manitou pontoon brand.

This report segments the diver propulsion vehicles market as follows:

Global Diver Propulsion Vehicles (DPV) Market: By Product Type Segment Analysis

  • Sit-on
  • Tow-behind
  • Manned Torpedoes
  • Other

Global Diver Propulsion Vehicles (DPV) Market: By Application Segment Analysis

  • Tourism
  • Military
  • Other

Global Diver Propulsion Vehicles (DPV) Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • The Middle-East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle-East Africa

Key Pointers Addressed by the Report

  • Historical data and forecast analysis of the market
  • Drivers and Restraints affecting market dynamics
  • Exhaustive analysis about the future market trends
  • Comprehensive information about the leading market segments and regions
  • Potential opportunities for the players in the market
  • Business strategies by the major players operating in the global market
  • Strategic developments made by the competitive players and in-depth analysis about its impact on market growth

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Diver Propulsion Vehicles (DPV) market – Product Type Analysis
    1. 2.1. Global Diver Propulsion Vehicles (DPV) Market – Product Type Overview
    2. 2.2. Global Diver Propulsion Vehicles (DPV) Market Share, by Product Type, 2018 & 2025 (USD Million)
    3. 2.3. Sit-on
      1. 2.3.1. Global Sit-on Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
    4. 2.4. Tow-behind
      1. 2.4.1. Global Tow-behind Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
    5. 2.5. Manned Torpedoes
      1. 2.5.1. Global Manned Torpedoes Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
    6. 2.6. Other
      1. 2.6.1. Global Other Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
  3. CHAPTER 3. Diver Propulsion Vehicles (DPV) market – Application Analysis
    1. 3.1. Global Diver Propulsion Vehicles (DPV) Market – Application Overview
    2. 3.2. Global Diver Propulsion Vehicles (DPV) Market Share, by Application, 2018 & 2025 (USD Million)
    3. 3.3. Tourism
      1. 3.3.1. Global Tourism Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
    4. 3.4. Military
      1. 3.4.1. Global Military Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
    5. 3.5. Other
      1. 3.5.1. Global Other Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
  4. CHAPTER 4. Diver Propulsion Vehicles (DPV) market – Regional Analysis
    1. 4.1. Global Diver Propulsion Vehicles (DPV) Market Regional Overview
    2. 4.2. Global Diver Propulsion Vehicles (DPV) Market Share, by Region, 2018 & 2025 (Value)
    3. 4.3. North America
      1. 4.3.1. North America Diver Propulsion Vehicles (DPV) Market size and forecast, 2016-2026
      2. 4.3.2. North America Diver Propulsion Vehicles (DPV) Market, by Country, 2018 & 2025 (USD Million)
      3. 4.3.3. North America Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026
      4. 4.3.4. North America Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026
      5. 4.3.5. U.S.
      6. 4.3.6. Canada
    4. 4.4. Europe
      1. 4.4.1. Europe Diver Propulsion Vehicles (DPV) Market size and forecast, 2016-2026
      2. 4.4.2. Europe Diver Propulsion Vehicles (DPV) Market, by Country, 2018 & 2025 (USD Million)
      3. 4.4.3. Europe Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026
      4. 4.4.4. Europe Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026
      5. 4.4.5. Germany
      6. 4.4.6. France
      7. 4.4.7. U.K.
      8. 4.4.8. Italy
      9. 4.4.9. Spain
      10. 4.4.10. Rest of Europe
    5. 4.5. Asia Pacific
      1. 4.5.1. Asia Pacific Diver Propulsion Vehicles (DPV) Market size and forecast, 2016-2026
      2. 4.5.2. Asia Pacific Diver Propulsion Vehicles (DPV) Market, by Country, 2018 & 2025 (USD Million)
      3. 4.5.3. Asia Pacific Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026
      4. 4.5.4. Asia Pacific Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026
      5. 4.5.5. China
      6. 4.5.6. Japan
      7. 4.5.7. India
      8. 4.5.8. South Korea
      9. 4.5.9. South-East Asia
      10. 4.5.10. Rest of Asia Pacific
    6. 4.6. Latin America
      1. 4.6.1. Latin America Diver Propulsion Vehicles (DPV) Market size and forecast, 2016-2026
      2. 4.6.2. Latin America Diver Propulsion Vehicles (DPV) Market, by Country, 2018 & 2025 (USD Million)
      3. 4.6.3. Latin America Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026
      4. 4.6.4. Latin America Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026
      5. 4.6.5. Brazil
      6. 4.6.6. Mexico
      7. 4.6.7. Rest of Latin America
    7. 4.7. The Middle-East and Africa
      1. 4.7.1. The Middle-East and Africa Diver Propulsion Vehicles (DPV) Market size and forecast, 2016-2026
      2. 4.7.2. The Middle-East and Africa Diver Propulsion Vehicles (DPV) Market, by Country, 2018 & 2025 (USD Million)
      3. 4.7.3. The Middle-East and Africa Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026
      4. 4.7.4. The Middle-East and Africa Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026
      5. 4.7.5. GCC Countries
      6. 4.7.6. South Africa
      7. 4.7.7. Rest of Middle-East Africa
  5. CHAPTER 5. Diver Propulsion Vehicles (DPV) market – Competitive Landscape
    1. 5.1. Competitor Market Share – Revenue
    2. 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 5.3. Strategic Development
      1. 5.3.1. Acquisitions and Mergers
      2. 5.3.2. New Products
      3. 5.3.3. Research & Development Activities
  6. CHAPTER 6. Company Profiles
    1. 6.1. BRP
      1. 6.1.1. Company Overview
      2. 6.1.2. BRP Revenue and Gross Margin
      3. 6.1.3. Product portfolio
      4. 6.1.4. Recent initiatives
    2. 6.2. Yamaha Seascooters
      1. 6.2.1. Company Overview
      2. 6.2.2. Yamaha Seascooters Revenue and Gross Margin
      3. 6.2.3. Product portfolio
      4. 6.2.4. Recent initiatives
    3. 6.3. CAYAGO AG
      1. 6.3.1. Company Overview
      2. 6.3.2. CAYAGO AG Revenue and Gross Margin
      3. 6.3.3. Product portfolio
      4. 6.3.4. Recent initiatives
    4. 6.4. STIDD Systems
      1. 6.4.1. Company Overview
      2. 6.4.2. STIDD Systems Revenue and Gross Margin
      3. 6.4.3. Product portfolio
      4. 6.4.4. Recent initiatives
    5. 6.5. ROTINOR GmbH
      1. 6.6.1. Company Overview
      2. 6.6.2. ROTINOR GmbH Revenue and Gross Margin
      3. 6.6.3. Product portfolio
      4. 6.6.4. Recent initiatives
    6. 6.7. TABATA CO.
      1. 6.7.1. Company Overview
      2. 6.7.2. TABATA CO. Revenue and Gross Margin
      3. 6.7.3. Product portfolio
      4. 6.7.4. Recent initiatives
    7. 6.8. Dive Xtras Inc.
      1. 6.9.1. Company Overview
      2. 6.9.2. Dive Xtras Inc. Revenue and Gross Margin
      3. 6.9.3. Product portfolio
      4. 6.9.4. Recent initiatives
    8. 6.10. SUEX SRL
      1. 6.10.1. Company Overview
      2. 6.10.2. SUEX SRL Revenue and Gross Margin
      3. 6.10.3. Product portfolio
      4. 6.10.4. Recent initiatives
    9. 6.11. Torpedo Inc.
      1. 6.11.1. Company Overview
      2. 6.11.2. Torpedo Inc. Revenue and Gross Margin
      3. 6.11.3. Product portfolio
      4. 6.11.4. Recent initiatives
    10. 6.12. SCUBAJET GmbH
      1. 6.12.1. Company Overview
      2. 6.12.2. SCUBAJET GmbH Revenue and Gross Margin
      3. 6.12.3. Product portfolio
      4. 6.12.4. Recent initiatives
    11. 6.13. Seacraft
      1. 6.13.1. Company Overview
      2. 6.13.2. Seacraft Revenue and Gross Margin
      3. 6.13.3. Product portfolio
      4. 6.13.4. Recent initiatives
    12. 6.14. Apollo Military
      1. 6.14.1. Company Overview
      2. 6.14.2. Apollo Military Revenue and Gross Margin
      3. 6.14.3. Product portfolio
      4. 6.14.4. Recent initiatives
  7. CHAPTER 7. Diver Propulsion Vehicles (DPV) — Industry Analysis
    1. 7.1. Diver Propulsion Vehicles (DPV) Market – Key Trends
      1. 7.1.1. Market Drivers
      2. 7.1.2. Market Restraints
      3. 7.1.3. Market Opportunities
    2. 7.2. Value Chain Analysis
    3. 7.3. Technology Roadmap and Timeline
    4. 7.4. Diver Propulsion Vehicles (DPV) Market – Attractiveness Analysis
      1. 7.4.1. By Product Type
      2. 7.4.2. By Application
      3. 7.4.3. By Region
  8. CHAPTER 8. Marketing Strategy Analysis, Distributors
    1. 8.1. Marketing Channel
    2. 8.2. Direct Marketing
    3. 8.3. Indirect Marketing
    4. 8.4. Marketing Channel Development Trend
    5. 8.5. Economic/Political Environmental Change
  9. CHAPTER 9. Report Conclusion
  10. CHAPTER 10. Research Approach & Methodology
    1. 10.1. Report Description
    2. 10.2. Research Scope
    3. 10.3. Research Methodology
      1. 10.3.1. Secondary Research
      2. 10.3.2. Primary Research
      3. 10.3.3. Models

      List of Figures

      FIG. 1    Global Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
      FIG. 2    Global Diver Propulsion Vehicles (DPV) Market Share, by Product Type, 2018 & 2025 (USD Million)
      FIG. 3    Global Sit-on Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
      FIG. 4    Global Tow-behind Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
      FIG. 5    Global Manned Torpedoes Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
      FIG. 6    Global Other Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
      FIG. 7    Global Diver Propulsion Vehicles (DPV) Market Share, by Application, 2018 & 2025 (USD Million)
      FIG. 8    Global Tourism Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
      FIG. 9    Global Military Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
      FIG. 10    Global Other Diver Propulsion Vehicles (DPV) Market, 2016-2026 (USD Million)
      FIG. 11    Global Diver Propulsion Vehicles (DPV) Market Share, by Region, 2018 & 2025
      FIG. 12    North America Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 13    U.S. Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 14    Canada Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 15    Europe Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 16    Germany Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 17    France Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 18    U.K. Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 19    Italy Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 20    Spain Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 21    Rest of Europe Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 22    Asia Pacific Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 23    China Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 24    Japan Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 25    India Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 26    South Korea Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 27    South-East Asia Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 28    Rest of Asia Pacific Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 29    Latin America Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 30    Brazil Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 31    Mexico Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 32    Rest of Latin America Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 33    The Middle-East and Africa Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 34    GCC Countries Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 35    South Africa Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 36    Rest of Middle-East Africa Diver Propulsion Vehicles (DPV) Market, 2016-2026
      FIG. 37    Competitor Market Share – Revenue
      FIG. 38    BRP Revenue and Growth Rate
      FIG. 39    BRP Market Share
      FIG. 40    Yamaha Seascooters Revenue and Growth Rate
      FIG. 41    Yamaha Seascooters Market Share
      FIG. 42    CAYAGO AG Revenue and Growth Rate
      FIG. 43    CAYAGO AG Market Share
      FIG. 44    STIDD Systems Revenue and Growth Rate
      FIG. 45    STIDD Systems Market Share
      FIG. 46    ROTINOR GmbH Revenue and Growth Rate
      FIG. 49    ROTINOR GmbH Market Share
      FIG. 50    TABATA CO. Revenue and Growth Rate
      FIG. 51    TABATA CO. Market Share
      FIG. 52    LTD. Revenue and Growth Rate
      FIG. 53    LTD. Market Share
      FIG. 54    Dive Xtras Inc. Revenue and Growth Rate
      FIG. 55    Dive Xtras Inc. Market Share
      FIG. 56    SUEX SRL Revenue and Growth Rate
      FIG. 57    SUEX SRL Market Share
      FIG. 58    Torpedo Inc. Revenue and Growth Rate
      FIG. 59    Torpedo Inc. Market Share
      FIG. 60    SCUBAJET GmbH Revenue and Growth Rate
      FIG. 61    SCUBAJET GmbH Market Share
      FIG. 62    Seacraft Revenue and Growth Rate
      FIG. 63    Seacraft Market Share
      FIG. 64    Apollo Military Revenue and Growth Rate
      FIG. 65    Apollo Military Market Share
      FIG. 66    Market Dynamics
      FIG. 67    Global Diver Propulsion Vehicles (DPV) – Value Chain Analysis
      FIG. 68    Technology Roadmap and Timeline
      FIG. 69    Market Attractiveness Analysis – By Product Type
      FIG. 70    Market Attractiveness Analysis – By Application
      FIG. 71    Market Attractiveness Analysis – By Region
      FIG. 72    Market Channel
      FIG. 73    Marketing Channel Development Trend
      FIG. 74    Growth in World Gross Product, 2008-2018
       


      List of Tables

      TABLE 1    Global Diver Propulsion Vehicles (DPV) Market, 2018 & 2025 (USD Million)
      TABLE 2    Global Diver Propulsion Vehicles (DPV) market, by Product Type, 2016-2026 (USD Million)
      TABLE 3    Global Diver Propulsion Vehicles (DPV) market, by Application, 2016-2026 (USD Million)
      TABLE 4    Global Diver Propulsion Vehicles (DPV) market, by Region, 2016-2026 (USD Million)
      TABLE 5    North America Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026 (USD Million)
      TABLE 6    North America Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026 (USD Million)
      TABLE 7    Europe Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026 (USD Million)
      TABLE 8    Europe Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026 (USD Million)
      TABLE 9    Asia Pacific Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026 (USD Million)
      TABLE 10    Asia Pacific Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026 (USD Million)
      TABLE 11    Latin America Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026 (USD Million)
      TABLE 12    Latin America Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026 (USD Million)
      TABLE 13    The Middle-East and Africa Diver Propulsion Vehicles (DPV) Market, by Product Type, 2016-2026 (USD Million)
      TABLE 14    The Middle-East and Africa Diver Propulsion Vehicles (DPV) Market, by Application, 2016-2026 (USD Million)
      TABLE 15    Global Diver Propulsion Vehicles (DPV) Market - Company Revenue Analysis 2016-2019 (USD Million)
      TABLE 16    Global Diver Propulsion Vehicles (DPV) Market - Company Revenue Share Analysis 2016-2019(%)
      TABLE 17    Acquisitions and Mergers
      TABLE 18    New Product/Service Launch
      TABLE 19    Research & Development Activities
      TABLE 20    Market Drivers
      TABLE 21    Market Restraints
      TABLE 22    Market Opportunities

Key Insights from Primary Research

  • As per our primary respondents, the global Diver Propulsion Vehicles (DPV) market is set to grow annually at a rate of around 4%
  • It was established through primary research that the Diver Propulsion Vehicles (DPV) market was valued at around USD 800 Million in 2019
  • North America is held the largest revenue share among all the regions in 2019
  • The “tourism” category, on the basis of application, was the leading revenue-generating category accounting for around 60% market share, in 2019
  • On the basis of product type segmentation, the “tow-behind” category segment accounted for leading share at more than 70%, in 2019
  • BRP (SEA-DOO) grabbed the major share of the global DPV market during the analysis period

Key Recommendations from Analysts

  • As per our analysts, the global diver propulsion vehicles market has tremendous potential especially in the Southeast-Asia region and the market is further expected to witness notable growth over the forecast period.
  • Travel and Tourism industry is acting as the backbone for the development and growth of the market
  • Our team of analysts has identified, military as one of the fastest-growing segment thus offering new opportunities for the players operating in this market
  • Fuel operated DPVs are prognosticated as the major trend in the future diver propulsion vehicles market in comparison to battery-operated vehicles

Volume Share of Diver Propulsion Vehicles by Market in 2018

Diver-Propulsion-Vehicles-(DPV)-Market

Industry Major Market Players

  • BRP
  • Yamaha Seascooters
  • CAYAGO AG
  • STIDD Systems Inc.
  • ROTINOR GmbH
  • TABATA CO.LTD.
  • Dive Xtras Inc.
  • SUEX SRL
  • Torpedo Inc.
  • SCUBAJET GmbH
  • Seacraft
  • Apollo Military. 

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