Press release
Smart Sports Equipment Market is Expected to Reach US$ 1.25 Bn by 2022
In addition to this, sporting activities are majorly exposed to rough handling, causing a key concern for manufacturers of smart sports equipment containing superficial, fragile sensors. According to a recently published report by Fact.MR, the global market for smart sports equipment will incur a sluggish growth, reaching a value of just over US$ 1.25 Bn by the end of forecast period, 2017-2022.
Request For Sample Report @ www.factmr.com/connectus/sample?flag=S&rep_id=213
5 Insights on Global Market for Smart Sports Equipment
Smart baseballs and smart baseball bats sold across the globe in 2017 are expected to harvest revenues worth over US$ 240 Mn collectively. According to the report, smart golf sticks will be among top-selling smart sports equipment in the global market, through 2022.
The report highlights Europe as the largest market for smart sports equipment. Technologically advanced sports industry in this region, and impressive performance of European athletes in global sporting events is expected to drive the demand for smart sports equipment in Europe throughout the forecast period.
The Asia-Pacific excluding Japan (APEJ) region, on the other hand, will reflect higher revenue growth, compared to Europe’s smart sports equipment sales. By the end of 2022, the APEJ smart sports equipment market will have reached US$ 300 Mn value at a CAGR of above 3%.
Check Discount @ www.factmr.com/connectus/sample?flag=D&rep_id=213
Real-time data synching will remain the sought-after connectivity feature among smart sports equipment. Consumers are expected to opt for sports equipment offering real-time data synchronization, over other basic connectivity features such as smartphone connectivity. By the end of 2022, smart sports equipment with real-time data synching will rake in revenues worth over US$ 500 Mn, which is around half of the global smart sports equipment market’s estimated value for that year.
Through 2022, close to half of smart sports equipment sold across the globe will be priced in the mid-range. The demand for premium-priced smart sports equipment will also gain traction, reflecting around one-third share on global revenues throughout the forecast period.
The report has also profiled leading players in the global market for smart sports equipment, which include NIKE, Inc., Under Armour, Inc., Amer Sports Corporation, PUMA SE, QUATTRIUUM INC., Game Golf, BABOLAT VS S.A., Mizuno Corporation, Callaway Golf Company, and adidas AG.
Click to View Complete Report @ www.factmr.com/report/213/smart-sports-equipment-market
About Us
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized 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.
Contact Us
Fact.MR
Office: Dublin 2
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-6111-593
( Dublin 2 )
Email: sales@factmr.com
Web: https://www.factmr.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Sports Equipment Market is Expected to Reach US$ 1.25 Bn by 2022 here
News-ID: 712976 • Views: …
More Releases from Fact.MR
Automated Microscopy Market to Reach US$ 8.5 Billion by 2027, Grow at a CAGR of …
According to the most recent analysis conducted by market research and competitive intelligence company Fact.MR, the automated microscopy market is expected to be valued US$ 8.5 billion globally by 2027.
With the use of sophisticated monitoring techniques, automated microscopy is a contemporary technology that enhances the monitoring of biological material. In addition to reducing human error, automated microscopy offers accurate, automated magnification for topic examination and analysis. Because automated microscopy is…
Toy Drone Market Trends: CAGR of 8.6% Propels Growth to US$ 951.5 Million by 203 …
It is Anticipated That the Toy Drone Market Will Reach US$ 951.5 Million by 2033 At A CAGR of 8.6% | Fact.MR growing Children's Propensity for Playing with Drones for Recreation Will Support Market Expansion the global toy drone market is anticipated to reach US$ 417 million in 2023 and develop at a compound annual growth rate (CAGR) of 8.6% over the forecast period of 2023-2033, according to Fact.MR. Because…
Waterjet Cutting Machine Market Overview: Reaching US$ 74.01 Billion by 2034
By the end of 2033, the Waterjet Cutting Machines Market is anticipated to be worth US $1.88 billion, with a compound annual growth rate (CAGR) of 4.8%. with a compound annual growth rate (CAGR) of 5.4%, the market for waterjet 3D cutting machines is projected to reach US$ 895.9 million. The German market is predicted to earn US$ 92.22 million in sales by the end of 2033, expanding at a…
Smart E-Drive Market Projected to Hit $12 Billion by 2033 with 29.5% CAGR Growth
The global smart e-drive market (Mercado de e-Drive inteligente) is expected to reach $12 billion by 2033, growing at a 29.5% CAGR between 2023 and 2033.
Smart e-drive is an improved form of an electric drive system that has been modified to make driving more comfortable and safer. In this example, the power source is a battery, which could be lead-based, lithium-ion, or solid-state; this battery allows energy to be transmitted…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide.
This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025.
The study objectives of this report are: To study and forecast the market size of Smart…
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices.
The global IoT device management market is…
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry.
“The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to…
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally.
Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as…
