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Global Hot Air Ballooning Equipment Market 2018-2022

Global Hot Air Ballooning Equipment Market 2018-2022

  • March 2018
  • 111 pages
  • ID: 5377533
In this report:
In 2017, the global hot air ballooning equipment market by passenger ride application was valued at $##.## million and is expected to grow at a CAGR of ##.##% to reach $##.## million during the forecast period.
The global hot air ballooning equipment market by advertising application was valued at $##.## million in 2017 and is expected to reach $##.## million by 2022, growing at a CAGR of ##.##% during the forecast period.

Summary

Table of Contents

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About Hot Air Ballooning Equipment

A hot air balloon is an aerostat in which the lifting force is based on hot air that is produced by a propane burner. Envelopes, baskets, and burners are the main components of a hot air balloon. Certain ancillary products used along with the normal components in a hot air balloon include fuel cylinders, special heat shields, inflation fans, accessories and spares, and other instruments.
Technavio’s analysts forecast the Global Hot Air Ballooning Equipment Market to grow at a CAGR of 6.15% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global hot air ballooning equipment market. To calculate the market size, the report considers the revenue generated from the sales of components used in hot air balloons include envelopes, burners, and baskets.

The market is divided into the following segments based on geography:
•Americas
•APAC
•EMEA

Technavio’s report, global hot air ballooning equipment market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
•Cameron Balloons
•Firefly Balloons
•Kubicek Balloons
•Lindstrand Technologies
•Ultramagic

Market driver
• Increasing participation in ballooning events across developing countries
• For a full, detailed list, view our report

Market challenge
• Increase in number of hot balloon accidents
• For a full, detailed list, view our report

Market trend
• Emphasis on providing training to pilots
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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