Press release
Bowling Lane Panels Market Growth Factors, Key Players and Forecast by 2018-2028
Bowling Lane Panels Market introductionTenpin, the other name for bowling, is a game at which a heavy ball is rolled down from a narrow long lane towards the pins to knock them down. The pins are generally 15 inches tall and are placed in a triangle formation. The ball is generally made of non-metallic material either hard rubber, polyester or urethane. The final objective of the game is to knock down more pins than that of the opponent. The standard size of a bowling lane is 60 feet long from the foul line (at the players-end) to the center of the head pin at the other end. The width of the lane is 41.5 inches in accordance with the guideline set by the international bowling federation. Bowling lane panels are generally made of wood or synthetic material. Wooden bowling lane panels are made primarily from maple and pine wood with maple being used for the first 12 feet and pine for the rest of the bowling lane panels. The synthetic bowling lane panels are generally constructed with fine particles of resistant aluminum oxide disbursed in a fiber-reinforced matrix of melamine resin.
Bowling Lane Panels Market Dynamics
Bowling is gaining traction globally. Societal and lifestyle changes fuel the growth of bowling lane panels market in the recent years. The innovation in the bowling lane panels, such as automatic pinsetter is expected to act as a rapid growth factor in the bowling lane panels market. Increased household income is expected to increase the participation of wealthy individuals, college graduates and professionals. Advantages of synthetic bowling lane panels over wooden bowling panels are also expected to act as a growth driver for bowling lane panels market. The scale of infrastructure that is required to build the bowling lane may act as a restraint for the growth of the bowling lane panels market. Alternate entertainment option such as home entertainment, amusement parks and sports entertainment centers are also expected to cause a dent in the bowling lane panels market.
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Market Segmentation for Bowling Lane Panels
The bowling lane panels is segmented on the basis of material that is required to manufacture the lane panels, the location of the bowling lane and region.
On the basis of the materials used, bowling lane panels market is divided into wooden bowling lane panels and synthetic lane panels.
On the basis of location, bowling lane panels market is divided into restaurants, bar/lounge, bowling arena and others.
On the basis of region, the bowling lane panels market is segmented into North America, Latin America, Europe, Middle East and Africa and Asia Pacific excluding Japan.
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Regional Outlook for Bowling Lane Panels Market
The indoor bowling lane made its debut in America in 1840’s, following which the International Bowling Lane Board was established in 1905 in New York. The game was first televised in 1950’s and since then America has never looked back and is a key place for the expansion of the bowling lane panels market. North America has the infrastructure to fuel the growth of the bowling lane panels market and leads the bowling lane panels market globally, while Latin America also kept its successive place in the bowling lane panels market. European countries also support the growth of the bowling lane panels market with its infrastructure and household income that is required for the bowling lane panels market. The Asia Pacific is the largest market for the bowling lane panels and is expected to create tremendous opportunities for bowling lane panels market. Emerging trends such as multiplex and bowling centers in the region are expected to push the growth of the bowling lane panels market in this region. Japan is home to the world’s largest bowling alley. The Inazawa Grand Bowling Centre features 116 lanes. The Middle East, with their high per-capita income, has a promising future for the bowling lane panels market.
Market Players in Bowling Lane Panels Market
Despite higher concentration of bowling game in North America and Europe, bowling lane panel’s manufacturers have huge market opportunities in Asia, Japan and Middle East. Some of the key Market participants in the bowling lane panels market include Brunswick, AMF, SPL, and USbowling among others.
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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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