|04-04-2018 05:06 PM CET - Sports||
Global Smart Sports Equipment Market Benefits, Opportunities and Future Investments 2017-2022
Press release from: Fact.MR
FACT.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Smart Sports Equipment Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global smart sports equipment market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2022.
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According to Fact.MR, technological barriers in adoption of smart sports equipment will act as key restraints for expansion of the global smart sports equipment market through 2022. By the end of forecast period, 2017-2022, the global market for smart sports equipment is expected to soar at a sluggish CAGR, raking revenues worth a little over US$ 1,260 Mn.
Smart Baseball Bats & Golf Sticks to Account for nearly 40% Global Revenue Share
In terms of products, the global market for smart sports equipment is expected to witness higher sales of smart baseball bats and smart golf sticks. Increasing consumer spending in these two sporting events is expected to play a key role in driving the sales of smart golf sticks and smart baseball bats. Moreover, the demand for sensor-equipped sporting equipment in baseball and golf is gaining traction owing to high reward money for sporting events across these categories, and increasing improvement of participants through data-driven performance analysis. In 2017, global sales of smart baseball bats and smart golf sticks are expected to collectively account for close to 40% share of global smart sports equipment revenues.
High Demand for Real-time Data Synching
Real-time data analysis of performance of the athletes can guide coaches towards identifying movements or tactics that are lowering the performance levels at particular instants of gameplay. Wearing smart sports equipment and analyzing the data after the gameplay can be less productive than real-time data synching. Technology experts can evaluate more information from the players’ performance, detecting moments of peak performance as well as fatigue. The report projects that by the end of 2022, over US$ 500 Mn worth of smart sports equipment sold in the global market will be equipped with real-time data synching as a key connectivity feature.
Under Armour, Inc., NIKE, Inc., Amer Sports Corporation, adidas AG, PUMA SE, Callaway Golf Company, Mizuno Corporation, QUATTRIUUM INC., BABOLAT VS S.A., and Game Golf are key manufacturers of smart sports equipment profiled in the report.
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Table of Contents:
Global Smart Sports Equipment Market – Executive Summary
Global Smart Sports Equipment Market Overview
2.1.1. Global Smart Sports Equipment Market Taxonomy
2.1.2. Global Smart Sports Equipment Market Definition
2.2. Global Smart Sports Equipment Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Smart Sports Equipment Market Y-o-Y Growth
2.3. Global Smart Sports Equipment Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
Global Smart Sports Equipment Market Analysis and Forecast By Product Type
3.1. Global Smart Sports Equipment Market Size and Forecast By Product Type, 2012-2022
3.1.1. Smart Baseball Bat Smart Sports Equipment Market Size and Forecast, 2012-2022
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
3.1.2. Smart Golf Stick Smart Sports Equipment Market Size and Forecast, 2012-2022
18.104.22.168. Revenue (US$ Mn) Comparison, By Region
22.214.171.124. Market Share Comparison, By Region
126.96.36.199. Y-o-Y growth Comparison, By Region
3.1.3. Smart Tennis Racket Smart Sports Equipment Market Size and Forecast, 2012-2022
188.8.131.52. Revenue (US$ Mn) Comparison, By Region
184.108.40.206. Market Share Comparison, By Region
220.127.116.11. Y-o-Y growth Comparison, By Region
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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