Los Angeles, CA -- (SBWIRE) -- 03/24/2019 -- 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.
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One driver influencing this market is the increasing participation in ballooning events across developing countries. The increase in participation in hot balloon events in developing countries is also driving the market. The surge in adventure tourism activities is also a major driver for the global hot air ballooning equipment market. The definition of tourism is changing rapidly as indicated by beachside vacation or regular sight-seeing holidays losing their market to adventurous activities such as skydiving, hot ball ballooning activities, surfing, rock or mountain climbing, caving, and other adventurous activities.
The global Hot Air Ballooning Equipment market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Hot Air Ballooning Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hot Air Ballooning Equipment market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Cameron Balloons
Firefly Balloons
Kubicek Balloons
Lindstrand Technologies
Ultramagic
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global Hot Air Ballooning Equipment market Report: https://www.qyresearch.com/index/detail/988337/global-hot-air-ballooning-equipment-market
Hot Air Ballooning Equipment Market Segment by Regions
North America
Europe
China
Japan
Hot Air Ballooning Equipment Market Segment by Type
Envelopes
Baskets
Burners
Hot Air Ballooning Equipment Market Segment by Application
Passenger Ride
Advertising
Sports
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