Golf Shoes Market Key Facts And Insights On Future Scenario To 2022

This Fact.MR report on the global golf shoes market forecasts that the global golf shoes market will touch a value of nearly US$ 8,504 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

Golf shoe is a type of an oxford shoe which is made up of waterproof leather and consists of sole spikes or hobnails. These spikes or hobnails help in maintaining balance and better grip for the golfer and helps in the execution of the shot.

Europe Market Set to Dominate Global Golf Shoes Market in Terms of Revenue

The market in Europe is set to dominate the global golf shoes market in terms of value and this trend is projected to sustain itself throughout the assessment period. Europe golf shoes market is the most attractive market, growing at a sluggish CAGR over the assessment period.

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Spiked or Cleated Golf Shoes Segment Poised to Touch a Value of Nearly US$ 2,414 Mn in 2022

As per the forecast of Fact.MR, the spiked or cleated golf shoes segment is expected to reach a value of nearly US$ 2,414 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Spiked or cleated golf shoes segment is expected to account for more than one-fourth of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.  

Modern Trade Segment to Exhibit a CAGR of 3.1% during the Assessment Period

As per the forecast of Fact.MR, the modern trade segment is slated to touch a figure of nearly US$ 1,775 Mn in the year 2022. This represents a CAGR of 3.1% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The modern trade segment is expected to account for more than one-fifth of the revenue share of the distribution channel segment by the year 2017.

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Gym Equipment Market Key Facts And Insights On Future Scenario To 2022

As the latest report published by Fact.MR, the global gym equipment market is set to surge at a steady CAGR of 4.9% during the forecast period (2017-2022).Gym equipment is any device or apparatus used during physical activity to improve the conditioning effects and the nature of the exercise by providing either an adjustable or a fixed amount of resistance. Gym equipment can otherwise be used to enhance both the experience and outcome of an exercise regimen.

The modern man is more susceptible to mental stress and chronic ailments such as diabetes, heart diseases, and cancer, which, in turn, has triggered the urgency to engage oneself in programs focused on health management. Factors as such are having a cumulative effect on growth of gym equipment market. Moreover, rising trend to enhance physical appearance and to maintain body fitness is also favoring the prospects of the global gym equipment market.

Cardiovascular Machines – Top-Selling Product in Gym Equipment Market  

On the basis of product type, cardiovascular machines will continue to spearhead the gym equipment market, in terms of revenues. The cardiovascular machines accounted for around 17% revenue share of the gym equipment market in 2017. By the end of 2022, over US$ 1,200 Mn worth of cardiovascular machines are expected to be sold worldwide.

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Global Market for Gym Equipment – Key Projections 

North America and Asia-Pacific excluding Japan (APEJ) are expected to emerge as the two other lucrative markets for gym equipment during the assessment period. In terms of revenue, Europe is anticipated to dominate the global gym equipment market over the next few years. Between 2017 and 2022, the market in Europe gym is expected to remain highly attractive and register to a sound CAGR.

Competition Tracking

Fact.MR in its report has profiled the key players functioning in the global gym equipment market, which include Brunswick Corporation, Johnson Health Tech Co. Ltd., Technogym SpA, Nautilus, Inc, Core Health and Fitness LLC, Torque Fitness LLC, Cosco Capital, Inc., Amer Sports Corporation, Impulse Healthtech Co. Ltd., Icon Health & Fitness, INC.

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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.

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Hoverboard Market Forecast, Key Facts And Insights On Future Scenario To 2022

 

Higher investment on research & development and product promotion by manufacturing companies are expected to make a positive impact on the global hoverboard market. Fact.MR’s latest report projects that the global hoverboard market will expand at an impressive CAGR of 6.1% over the forecast period (2017-2022).

Hoverboard is a self-balancing, and battery operated gadget that is used for personal transportation. Some high performance hoverboards are even referred to as electric skateboards or electric scooters. The gadget typically has two wheels that are parallel to each other and connected by a small electronic panel. The user has to place his/her feet on the panel and maneuver the hoverboard using body weight.

APEJ’s Hoverboard Market to Remain More Lucrative than Markets in North America & Europe 

Asia-Pacific excluding Japan (APEJ) is to remain the most lucrative market for hoverboard in 2022, and the trend is anticipated to continue over the next couple of years. During the forecast period, the hoverboard market in APEJ is projected to expand at a strong CAGR of 6.2%.

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Double Wheeled will Remain the Most Sought-After Hoverboard Type

On the basis of product type, demand for double wheeled segment will continue to grow in 2017 and beyond. Presently, the segment accounts for more than two-third share of the market in terms of revenue. The double wheeled product type segment is expected to grow at around US$ 75.6 Mn annually over the course of the forecast period.

Competition Tracking

Razor USA, LLC, Ninebot Inc., HaloBoard, EPIKGO, Segway Inc., Skque Products, TOMOLOO Technology Industrial Co., Ltd., Megawheels, SURFUS, Genesis, Hangzhou Chic Intelligent Technology Co., Ltd., Shenzhen Rooder Technology Co., Ltd, Shenzhen JIALIKE Electronic Company Ltd., Airwheel Technology Holding ( USA ) Co., Ltd., Shenzhen Uwheel Technology Co., Ltd., are the key companies profiled in the Fact.MR’s report.

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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.

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Life Jacket Market Estimates Showing Surprising Stability in key Business Segments

Considering the rising importance of player safety in sporting events, particularly in watersports, the demand for protection gear such as life jackets is gaining momentum. Over the years, life jackets have emerged to become a prerequisite in majority of watersport categories such as kayaking or river rafting. A recently-published report by Fact.MR reveals that the global life jackets market will soar at a moderately steady pace, reaching a value of more than US$ 2,500 Mn by the end of forecast period, 2017-2022.

Developed regions such as Europe and North America have witnessed a considerable rise in terms of participation in watersports, over the past few years. Core boating activities such as kayaking or rafting are gaining popularity, and with that, propelling the need for effective and basic protective gear such as life jackets. As majority of watersports professionals fall under the younger demographics, higher tendency of accidental tripping and falling overboard has necessitated the use of life jackets. Although, manufacturers of life jackets are struggling to balance their annual net gains due to seasonal participation in watersports industry. Moreover, activities such as sailboat racing, yacht cruising, canoeing and motor boating are gaining commercialization due to involvement of owners of private water bodies. Overall, increasing popularity of a majority of watersport events is likely to translate impressive revenues in the global market for life jackets.

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End-use Tussle – Watersports vs Paddle Sports

Key findings from the market study reveal that a majority of life jackets in the world are used in watersports. However, against the popular belief, the end-use of life jackets is not limited to watersports. According to the report, global sales of life jackets across watersports end-users will be witnessing a robust growth at 5.5% CAGR through 2022. While the use of life jackets in commercial vessels, day sailing, fishing, and offshore sailing is also gaining traction, the market is expected to witness impressive growth in the end-use of life jackets across paddle sports. Although, this segment is expected to witness less than 10% share in the global life jacket market, paddle sports as an end-use of life jackets will create a global incremental opportunity of over US$ 38 Mn between 2017 and 2022.

Competition Tracking

The report has also profiled leading manufacturers of life jackets in the global market, which include Jarden Corp, Stormy Lifejackets Pty Ltd., Mustang Survival Corp., Johnson Outdoors Inc., Kent Sporting Goods Company, Inc., Hansen Protection AS, Safety and Survival Systems International Ltd., Viking Life-Saving Equipment A/S, and Survitec Group Limited

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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.

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Snowboard Equipment Market Estimates Showing Surprising Stability in key Business Segments

The global snowboard equipment market is expected to register a healthy CAGR, and will represent a value of over US$ 300 Mn by the end of 2022.Snowboard equipment is used for surfing down hills covered with in cold countries. These equipment are significantly used by the snowboard athletes to improve performance. Equipment such as special boots and bindings are used for securing the feet of snowboarders. Apart from athletes, people mainly participate in snowboarding sports as it helps improve cardiovascular health and squash winter blues.

Snowboarding – A Healthy Workout

As the plummeting temperature leads to myriad of inactivity and boredom, snowboarding is a sport that has helped people squash their winter blues. Attributed to various health-related benefits, snowboarding has been considered equivalent to aerobic exercise. This popular winter sports offers strong cardio workout, which helps in burning calories. Much known for health-related benefits, snowboarding also continues to cognition and mental health of people positively.

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Significant Demand in the Sports Industry

Growing number of aspiring snowboarding athletes has led to an upsurge in demand for snowboard equipment globally. In pace with changing weather conditions, there is a surge in demand for sport equipment that are equipped with enhanced technology. Sports manufacturers are integrating advanced technology in equipment including tracker watches, heated boot liners, and other gadgets that offer convenience and safety to sportsmen.

However, several factors are impacting demand for snowboards negatively. Insufficient snow due global climatic change has led to significant drop in snowboarding participation. According to NGA, an average of 6.8 million skiers, and 5 million snowboarders participated in the sports between the year 2010 and 2013.

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About Fact.MR

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.

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