Market Overview:
The global electric putters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles, rising disposable income, and technological advancements. In terms of type, the gear motor segment is expected to lead the global electric putters market during the forecast period. This can be attributed to its high efficiency and low noise levels as compared to other types of motors available in the market. In terms of application, the home segment is expected to lead the global electric putters market duringthe forecast period owingto its growing popularity among consumers for various household tasks such as gardening and lawn mowing.
Product Definition:
Electric putters are golf clubs that use a motor to help the golfer putt the ball. The electric putter is important because it can help the golfer make more accurate putting strokes.
Gear Motor:
Gear motor is a type of electric putter that uses two or more gears to convert the rotary motion into forward and backward movement. The product has different types of motors depending upon the gearbox used in it. It can be either DC or AC type, which are used in golf equipment such as electric putters, clubs, etc. The product is gaining popularity among consumers due to its ability to provide increased distance with minimum effort during putting strokes.
Linear Actuator:
The linear actuator is a device that controls the movement of an object along a straight line. In golf, they are used for putting greens to regulate their position and angle of inclination. The most common type of linear actuators in the market are hydraulic; however, there are also electric variants available on the market.
The application area for these devices ranges from automobiles to smartphones.
Application Insights:
The home application segment dominated the global electric putters market in 2017. This can be attributed to rising disposable income and growing population in developing countries including India, China, Brazil, Vietnam and Indonesia. Moreover, increasing penetration of smart homes is expected to drive demand for golf equipment at home over the forecast period. The car application segment accounted for a significant share of the global revenue in 2017 owing to high product adoption by major manufacturers such as Callaway Golf Company (Golf Pride), Nike Golf LLC (Nike Air), PING GmbH & Co KGaA (PING clubs) and Adidas America Inc.
The boat application segment is expected witness considerable growth over the forecast period due to increased spending on luxury yachts by individuals from developed economies including U.S., Canada, Germany and France along with emerging markets like China and India who are increasingly becoming yacht owners or sailors themselves.
Regional Analysis:
North America dominated the global market in 2017. The U.S., in particular, is one of the largest markets for electric putters owing to a large number of golfers across the country. According to data published by the National Golf Foundation, around 45 million people played golf as of 2016 and this number is expected to grow over time with an average growth rate of about 2% from 2010 to 2020 and 4% from 2020 to 2025. This scenario bodes well for regional growth over the forecast period.
Growth Factors:
- Increasing demand for electric putters in the market due to its features and benefits over traditional putters.
- Rising number of golf enthusiasts, which is expected to fuel the growth of electric putters market during the forecast period.
- Growing popularity of golf as a recreational activity is anticipated to boost the sales of electric putters in near future.
- Technological advancements in electric putter design and manufacturing are projected to propel the growth of this market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Putters Market Research Report
By Type
Gear Motor, Linear Actuator, Micro Motor
By Application
Home, Car, Boat
By Companies
Guizhou Huafeng Automobile Components Co., Ltd., Dongtai Sitai Stainless Steel Products Co., Ltd., Beijing SDCQ Electric Technology Co., Ltd., Nanjing Yongnuo Transmission Equipment Co., Ltd., Zhengzhou Remore Enterprise Co., Ltd., Dongguan City Well Motor Co., Ltd., Wenzhou Huifeng Electric Co., Ltd., Dongguan TOMUU Actuator Technology Co., Ltd., ESynic, Tolomatic, Harmonic Drive, Intelligent Actuator, Inc., Venture Mfg. Co.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Electric Putters Market Report Segments:
The global Electric Putters market is segmented on the basis of:
Types
Gear Motor, Linear Actuator, Micro Motor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Car, Boat
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Guizhou Huafeng Automobile Components Co., Ltd.
- Dongtai Sitai Stainless Steel Products Co., Ltd.
- Beijing SDCQ Electric Technology Co., Ltd.
- Nanjing Yongnuo Transmission Equipment Co., Ltd.
- Zhengzhou Remore Enterprise Co., Ltd.
- Dongguan City Well Motor Co., Ltd.
- Wenzhou Huifeng Electric Co., Ltd.
- Dongguan TOMUU Actuator Technology Co., Ltd.
- ESynic
- Tolomatic
- Harmonic Drive
- Intelligent Actuator, Inc.
- Venture Mfg. Co.
Highlights of The Electric Putters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gear Motor
- Linear Actuator
- Micro Motor
- By Application:
- Home
- Car
- Boat
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Putters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric putters are golf clubs that use an electric motor to propel the clubhead. They are popular among beginner and intermediate golfers because they allow you to hit the ball further with less effort.
Some of the key players operating in the electric putters market are Guizhou Huafeng Automobile Components Co., Ltd., Dongtai Sitai Stainless Steel Products Co., Ltd., Beijing SDCQ Electric Technology Co., Ltd., Nanjing Yongnuo Transmission Equipment Co., Ltd., Zhengzhou Remore Enterprise Co., Ltd., Dongguan City Well Motor Co., Ltd., Wenzhou Huifeng Electric Co., Ltd., Dongguan TOMUU Actuator Technology Co., Ltd., ESynic, Tolomatic, Harmonic Drive, Intelligent Actuator, Inc., Venture Mfg. Co..
The electric putters market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Putters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Putters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Putters Market - Supply Chain
4.5. Global Electric Putters Market Forecast
4.5.1. Electric Putters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Putters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Putters Market Absolute $ Opportunity
5. Global Electric Putters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Putters Market Size and Volume Forecast by Type
5.3.1. Gear Motor
5.3.2. Linear Actuator
5.3.3. Micro Motor
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Putters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Putters Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Car
6.3.3. Boat
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Putters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Putters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Putters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Putters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Putters Demand Share Forecast, 2019-2026
9. North America Electric Putters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Putters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Putters Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Car
9.4.3. Boat
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Putters Market Size and Volume Forecast by Type
9.7.1. Gear Motor
9.7.2. Linear Actuator
9.7.3. Micro Motor
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Putters Demand Share Forecast, 2019-2026
10. Latin America Electric Putters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Putters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Putters Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Car
10.4.3. Boat
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Putters Market Size and Volume Forecast by Type
10.7.1. Gear Motor
10.7.2. Linear Actuator
10.7.3. Micro Motor
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Putters Demand Share Forecast, 2019-2026
11. Europe Electric Putters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Putters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Putters Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Car
11.4.3. Boat
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Putters Market Size and Volume Forecast by Type
11.7.1. Gear Motor
11.7.2. Linear Actuator
11.7.3. Micro Motor
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Chanel
11.11. Europe Electric Putters Demand Share, 2019-2026
12. Asia Pacific Electric Putters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Putters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Putters Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Car
12.4.3. Boat
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Putters Market Size and Volume Forecast by Type
12.7.1. Gear Motor
12.7.2. Linear Actuator
12.7.3. Micro Motor
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Putters Demand Share, 2019-2026
13. Middle East & Africa Electric Putters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Putters Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Putters Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Car
13.4.3. Boat
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Putters Market Size and Volume Forecast by Type
13.7.1. Gear Motor
13.7.2. Linear Actuator
13.7.3. Micro Motor
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Putters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Putters Market: Market Share Analysis
14.2. Electric Putters Distributors and Customers
14.3. Electric Putters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Guizhou Huafeng Automobile Components Co., Ltd.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dongtai Sitai Stainless Steel Products Co., Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Beijing SDCQ Electric Technology Co., Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nanjing Yongnuo Transmission Equipment Co., Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zhengzhou Remore Enterprise Co., Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dongguan City Well Motor Co., Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wenzhou Huifeng Electric Co., Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dongguan TOMUU Actuator Technology Co., Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ESynic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tolomatic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Harmonic Drive
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Intelligent Actuator, Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Venture Mfg. Co.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
