In 2022, worldwide sales of BASE jumping equipment will amount to a market valuation of US$ 228.9 million and are estimated to reach US$ 356 million by the end of 2032. The global BASE jumping equipment market is predicted to increase at a CAGR of 4.5% between 2022 and 2032.
BASE jumping is a high-risk sport and safety equipment such as BASE jumping parachutes, BASE jumping helmets, and BASE jumping harnesses are highly crucial in ensuring the safety of individuals participating in this sport.
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Key Segments in BASE Jumping Equipment Industry Research
BASE Jumping Equipment Market by Product Type :
- BASE Jumping Containers or BASE Jumping Harness Systems
- BASE Jumping Canopies
- BASE Jumping Wingsuits
- BASE Jumping Helmets
- Other Product Types
BASE Jumping Equipment Market by Application :
- Recreational Users
- Professional Users
BASE Jumping Equipment Market by Region :
- North America
- Latin America
BASE jumping equipment suppliers are focusing on launching new and innovative products to expand their business potential and increase their revenue generation capacity over the years to come.
- In 2020, BMW, a leading car manufacturer, unveiled a one-of-its-kind wingsuit strapped with two motors. Peter Salzmann, an Austrian BASE jumper and wingsuit pilot, flew this wingsuit of the future and gave a real-life demonstration of what possibilities this innovative design opens up for the world.
BASE jumping equipment manufacturers are expected to work on similar advanced and innovative products to reduce the risk of life for BASE jumpers.