Smart Sports Fitness Tracker Market Business Research among the Top Manufacturers 2022

Growing need to track and monitor heart beat rate and calorie consumption has revved up demand for fitness trackers among the diabetic manufacturers. As manufacturers are increasingly integrating bio-impedance sensors and galvanic skin response sensors, demand for fitness trackers is projected to increase in the fitness industry globally. According to a recently published report by Fact.MR, the global smart sports fitness tracker market will reflect a steady CAGR over the forecast period, 2017 -2022.

Factors Fuelling Growth of the Global Market

Increasing health awareness has revved up demand for fitness tracker to track heart beat rate and physical activities in the healthcare industry. As manufacturers are integrating enhanced technology in the fitness tracker, professionals in the fitness industry are increasingly witnessing considerable demand. Manufacturers are increasingly integrating galvanic skin sensors and bio-impedance sensors in the fitness trackers, which enables in monitoring the distance walked, heartbeat rate and respiratory rate. Such factors are projected to boost the global market growth of smart sports fitness tracker during the projected period. Moreover, integration of technological updates including GPS, and wireless connectivity with the smartphones is projected to make end users dependent on fitness trackers. These factors are projected to fuel the global market growth of sports fitness tracker during the predicted period.

In contrast to this, increasing availability of smart-watches and smartphones with integrated with better features is projected to drop demand for fitness tracker. Inaccurate results related to the consumption of calories, and the distance covered is further projected to inhibit the global market growth of smart sports fitness tracker through 2022.

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Sports Store to Remain a Leading Segment

Online retail is expected to reflect a relatively high CAGR in the global smart sports fitness tracker market through 2022. Sports store is projected to witness a relatively high revenue growth in the global market of smart sports fitness tracker. This segment will represent more than US$ 180 Mn in the sports fitness tracker market globally by the end of 2017. Departmental store among other distribution channels will witness significant revenue growth after sports stores in the global market of smart sports fitness tracker by 2017 – end. Sales of fitness tracker market is projected to remain high through sports stores in Europe.

Augmenting nutrition plans will witness a relatively high CAGR in the sports fitness tracker market globally through 2022. Activity tracking is projected to reflect a relatively high revenue growth in the global market of smart sports fitness tracker. This segment will represent more than US$ 180 Mn in the sports fitness tracker market globally by 2022-end. Heart rate among other products is projected to represent significant revenue growth after activity tracking in the global market of smart sports fitness tracker during the projected period.

Mid price is projected to reflect a relatively high revenue growth in the global market of smart sports fitness tracker. This segment will represent more than US$ 200 Mn in global market of the smart sports fitness tracker by 2022-end. Europe is projected to represent a major market for smart sports fitness tracker globally. Economic prices is projected to reflect a relatively high CAGR in the global market of smart sports fitness tracker through 2022.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Basketball Shoes Market Size Estimates and Forecasts By Key Players

Basketball shoes are one of the basketball game accessories which professionals as well as amateurs use while playing. These shoes provide comfort, firmness and grip and along with the much needed ankle protection. Apart from foot health, these shoes are also stylish, depending upon the brand and come in various designs, features, prices and sizes. The main disadvantage of these shoes is the harmful chemicals that are released while manufacturing them along with them getting damaged due to attack from external agents (for example moisture) due to low grade material or wrong manufacturing. North America region is expected to show higher lucrativeness for the global basketball shoes market.

The global basketball shoes market is anticipated to show a value of about US$ 5 Bn and is expected to grow at a sluggish rate during the period of forecast of 2017 to 2022.

6 Forecast Highlights on Global Basketball Shoes Market

High tops segment by shoes type is expected to grow at a higher growth rate as compared to other segments and is poised to continue showing its dominance throughout the period of forecast. The segment growth is mainly due to its foot friendliness and support while playing. The high tops segment is anticipated to grow at a CAGR of 2.8% throughout the period of forecast

The medium tops and low tops segments are expected to grow at a similar pace during the period of 2017 to 2022. The medium tops segment, however, has a higher market share than the low tops segment, and reflects a market share of 32.4%. Both are expected to lose BPS by the end of 2022

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Laces segment is expected to dominate the global market by closure type. The segment is poised to grow at a higher growth rate comparatively, and reflects a market share of 57.1%. the straps segment follows laces segment and is second from top with respect to growth rate and market share

North America region dominates the global market by region and has a higher market attractiveness index. It is considered to be the most lucrative region growing at a higher growth rate and registering a CAGR of 2.7% as compared to other regions. Basketball as a recreational game and as career is rising in this region, with bath professionals and amateurs opting for the game and also the basketball accessories, thereby raising the consumption bar of basketball shoes in this region

The individual segment by buyer type is fastest growing segment compared to institutional and promotional segments by buyer type. The individual segment shoes higher market share by dominating the market and is expected to grow at a CAGR of 2.9% throughout the period of forecast. It is also expected to gain a high BPS by the end of 2022

Third party online channel segment dominates the global basketball shoes market by sales channel. It also shows a comparatively higher growth rate and anticipated to reflect a CAGR of 3.4% throughout the period of forecast of 2017 to 2022. Following this segment, the direct consumer brand outlet segment also shows potential and grows at a reasonably well growth rate during the forecast period

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

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Mens Swimwear Market Qualitative Analysis Reveals Amazing Growth

In an era dominated by news of global warming and climate change, it can be challenging for key stakeholders in the men’s swimwear market. Swimming pools require a near-constant supply of fresh water which is especially difficult in water-starved, developing countries. Even though manufacturers are experimenting with newer materials and colors, it is difficult to market speedos to men as neither they nor women are particularly keen to purchase this kind of men’s swimwear. Swimming injuries are quite common for men and could be another constraint that stifles growth of the men’s swimwear market.

The men’s swimwear market is anticipated to be at a market value of approx. US$ 400 million by the end of the forecast period in 2022.

The swim trunks swimwear segment comprises a revenue share of a third of the men’s swimwear market making it vital for key stakeholders to target. Swim trunks are popular across young and old demographics and are largely expected to remain so. The swim trunks segment could be worth almost US$ 122 million by the end of the forecast period. Men’s bikinis on the other hand are an extremely niche segment and have a single digit revenue share in the men’s swimwear market. Companies would require customized strategies to reach their target audience effectively

The Leg Skin men’s swimwear follows swim trunks in terms of popularity and Europe accounts for a quarter of the regional contribution. A market opportunity touching US$ 19 million makes it well worth the while of major players in the men’s swimwear market. With respect to the square leg suits segment, both North America and APEJ represent a potential market opportunity as large as Europe

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Polyester and Nylon are far more popular material types in the men’s swimwear market than cotton as both dry much quicker. The polyester market in Europe alone is predicted to push past US$ 40 million by end 2022. For companies making nylon swimwear APEJ can be the region to focus on

Spandex as a material is quite popular in the men’s swimwear market recently and has found its own in both North America and APEJ as both regions are on track to cross a value of US$ 17 million by the end of the forecast period. The CAGR growth rate is slightly higher in the former that companies could take into cognizance while formulating strategies

Mid-price swimwear consists of half the men’s swimwear market in terms of pricing and it is not hard to understand why. The mid-price segment strikes the perfect balance between comfort, better material quality, and cost-effectiveness which is why most consumers prefer it. This segment is estimated to be worth approx. US$ 200 million by end 2022, making it large enough for all companies involved in the men’s swimwear market

The premium price segment is about a third of the mid-price segment by size and it is not likely to cross it anytime soon. It can be challenging to market premium priced swimwear in Europe especially during these difficult economic times.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
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Tel: +353-1-4434-232
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Smart Sports Equipment Market Investment Opportunities in Competitive Environment

Rising demand for active performance analysis in the field of sports has prompted manufacturers towards smart sports equipment. Available sensor technologies can offer a wide range of prototype smart sports equipment, but some companies have been able to offer more detailed improvements in basic smart sports equipment & products. The benefits of smart sports equipment are currently untapped, but many sports experts are showing positive attitude towards their adoption. The largest barrier for growth of global smart sports equipment market is lack of technological support services in sports industry. Players, athletes and coaches from several parts of the world might not necessarily agree to the adoption of smart sports equipment, considering the differing ethics, unclear awareness of smart sports equipment, and lack of technologies that will help them analyze the data easily.

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.

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.

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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%.

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.

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://www.factmr.com

Soccer Goalkeeper Gloves Market Detailed Analysis and Growth Prospects with Top Key Players

A recent research by Fact.MR projects the global soccer goalkeeper gloves market to register a sluggish CAGR during the forecast period 2018 to 2026. Gloves form a part of equipment utilized by soccer goalkeepers. Gloves enhance the grip of hands on the ball, and prevent possible injuries to hands of a goalkeeper.

Participation of youth population in soccer has gained an uptick over the past couple of years, leading towards demand for equipment & accessories that are necessary for players. Soccer goalkeeper gloves are generally produced by materials including leather-like material, Polyurethane (PU), and a variety of latex grades. However, numerous players have been observed in being prone to side-effects associated with exposure to latex material. In addition, inhalation of latex and polyurethane has been witnessed to cause asthma, and various other breathing disorders. These factors might influence demand for soccer goalkeeper gloves during the forecast period.

There are no evidences that gloves can completely prevent hands of soccer goalkeepers from forearm and wrist injuries. This might further provide an opportunity for manufacturers of soccer goalkeeper gloves in coming up with advancements and innovations, guaranteeing complete safety to hands of soccer goalkeepers. Gloves are not included in the mandatory attire of soccer goalies, however they use them owing to their advantages. These factors might further impact growth of the global soccer goalkeeper gloves market,

9 Key Takeaways from Fact.MR’s Report on Global Soccer Goalkeeper Gloves Market

Individual buyer type segment will continue to remain dominant in the global market for soccer goalkeeper gloves, with revenues estimated to account for nearly 60% market share during 2018 to 2026.

Soccer goalkeeper gloves sales in promotional buyer type segment are expected to register a sluggish expansion through 2026.

Europe will continue to be the most lucrative region in the market.

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Soccer goalkeeper gloves market in Asia-Pacific excluding Japan (APEJ), and North America will exhibit a comparatively faster expansion than in Europe through 2026. The market in APEJ is expected to be more lucrative compared to the market in North America.

Modern trade is estimated to remain the most attractive sales channel in the global soccer goalkeeper gloves market, in terms of revenues. Revenues from modern trade segment are poised to hold more than one-fourth share of the market during the forecast period.

Third party online will continue to be the fastest expanding sales channel for the soccer goalkeeper gloves, to gain 83 BPS in market share by the end of 2026.

Roll finger soccer goalkeeper gloves will remain the most lucrative glove type segment, followed by flat palm soccer goalkeeper gloves. Flat palm gloves sales are expected to register the lowest CAGR through 2026.

Sales of negative cut gloves, and roll finger gloves are estimated to exhibit similar CAGRs through 2026.

Key players profiled in Fact.MR’s report on the global soccer goalkeeper gloves market include Diadora Sports S.r.l, Uhlsport GmbH, Wilson Sporting Goods Co., Reusch GmbH, SELECT SPORT A/S, Umbro, Under Armour, Inc., PUMA SE, NIKE, Inc., and Adidas

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

Contact Us

FactMR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Tel: +353-1-6111-593
Email: sales@factmr.com
Blog: https://www.factmr.com