Press release
Indoor Golf Equipment market was valued at US$ 967.6 million in 2022 and is anticipated to reach US$ 1610.3 million by 2029, witnessing a CAGR of 8.9% - Valuates reports
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Indoor golf is an umbrella term for all activities in golf which can be carried out indoors. A golf simulator allows golf to be played on a graphically or photographically simulated driving range or golf course, usually in an indoor setting. In some cases, based on the location of the sensing devices, it is now possible to capture data on both ball and club for most accurate speed and directional information, and simulated ball flight behaviour. The data about a golfers swing that is collected during a golf shot is extrapolated to provide ball flight trajectory and roll out according to certain calculated relationships to the ball's flight performance per the tracked motion of the ball or club, adding environmental aspects through which the ball is projected, including terrain, wind, rain and other such influences or obstacles. Also noted on specific height and width of the screen on the net.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of indoor golf equipment include GOLFZON, GOLFZON, SG-Golf, Okongolf, SkyTrak, etc. The top five players hold a share about 51%. Asia-Pacific is the largest market, has a share about 67%, followed by North America and Europe, with share 24% and 6%, separately.
This report aims to provide a comprehensive presentation of the global market for Indoor Golf Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Indoor Golf Equipment.
The Indoor Golf Equipment market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Indoor Golf Equipment market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Segment by Type
Golf Simulator
Golf Putting Green
Golf Mat
Golf Net
Others
Segment by Application
Commercial Applications
Residential Applications
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https://reports.valuates.com/market-reports/QYRE-Auto-18S1204/global-sports-luggage
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