Market Overview:
The global bow releases market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The growth in the market can be attributed to factors such as the increasing popularity of archery as a sport and rising demand for technologically advanced bow releases. Based on type, the wrist type segment is expected to account for a major share of the global bow releases market during the forecast period. This can be attributed to its ease of use and convenience offered to users. However, T-handle type segment is projected to grow at a higher CAGR owing to its superior performance over other types of bow releases available in the market. Based on application, online stores are anticipated witness higher growth than offline stores during 2018-2030 owing technological advancements and growing trend among consumers towards ecommerce platforms for purchasing sports equipment & accessories.
Product Definition:
A bow release is a device used to shoot an arrow from a bow. Bow releases are attached to the bowstring and positioned so that they can be easily reached by the archer's fingers. There are many different types of bow releases, but all share one common goal: to provide a smooth and consistent release of the arrow from the bowstring.
Wrist Type:
The wrist type is one of the most important factors in bow releases market. The growth factor for this segment is mainly due to increasing demand from archery enthusiasts and sports players. Wrist-based release mechanisms are used in almost all types of bows, including recurve, longbow, and crossbow.
T-Handle Type:
The T-handle is a style of release handle that has a flat, wider surface on one side and tapers towards the other. The wider surface provides better leverage and control to the archer while aiming. The shape also helps in reducing vibration and sound created while releasing the string. Some of them are designed with finger indents or cutouts to facilitate easy removal of the catch.
Application Insights:
The online stores segment dominated the global bow releases market in 2017 and is expected to witness significant growth over the forecast period. The increasing use of social media and e-commerce platforms has led to an increase in demand for wrist watches, which is a major factor driving the segment. Moreover, rising consumer preference for online shopping due to various benefits such as convenience, ease of payment options and delivery coupled with growing purchasing power also boosts this segment.
Offline stores are anticipated to witness considerable growth over the forecast period owing to increased awareness about luxury products among common mass consumers. High spending capability of middle-income groups in China, India & Russia on personal accessories such as handbags & luggage is expected drive this sector significantly over next few years.
Regional Analysis:
North America dominated the global bow releases market in 2017 owing to the high adoption of this product by archers across U.S. and Canada for hunting and target shooting activities. Furthermore, increasing number of outdoor adventure activities in this region is boosting the demand for these products over other traditional devices used for hunting such as crossbows, guns, knives, nets etc.
Asia Pacific is expected to witness significant growth over the forecast period owing to growing popularity of various sports including archery across countries such as China and India which has led to an increase in investments by various manufacturers operating within Asia Pacific region. For instance; In January 2016; Barnett Banks PLC.
Growth Factors:
- Increasing popularity of archery as a sport
- Growing demand from the hunting and shooting sports industry
- Rising awareness about the benefits of using bow releases for better accuracy and precision
- Technological advancements in bow release design and functionality
- Growing number of women participants in archery
Scope Of The Report
Report Attributes
Report Details
Report Title
Bow Releases Market Research Report
By Type
Wrist Type, T-Handle Type, Others
By Application
Online Stores, Offline Stores
By Companies
Tru-Fire, Scott Archery, T.R.U. BALL, Spot-Hogg Archery Produ, Cobra, Tru Ball Archery, Tru-Fire
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
199
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Bow Releases Market Report Segments:
The global Bow Releases market is segmented on the basis of:
Types
Wrist Type, T-Handle Type, Others
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
Online Stores, Offline Stores
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:
- Tru-Fire
- Scott Archery
- T.R.U. BALL
- Spot-Hogg Archery Produ
- Cobra
- Tru Ball Archery
- Tru-Fire
Highlights of The Bow Releases 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:
- Wrist Type
- T-Handle Type
- Others
- By Application:
- Online Stores
- Offline Stores
- 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 Bow Releases 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:
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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?
Bow Releases is a term used to describe the act of releasing a bowstring. This can be done by hand, with an arrow nocked and ready to shoot, or with an automated release mechanism.
Some of the major companies in the bow releases market are Tru-Fire, Scott Archery, T.R.U. BALL, Spot-Hogg Archery Produ, Cobra, Tru Ball Archery, Tru-Fire.
The bow releases market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bow Releases Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bow Releases Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bow Releases Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bow Releases Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bow Releases Market Size & Forecast, 2020-2028
4.5.1 Bow Releases Market Size and Y-o-Y Growth
4.5.2 Bow Releases Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wrist Type
5.2.2 T-Handle Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online Stores
6.2.2 Offline Stores
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bow Releases Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bow Releases Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wrist Type
9.6.2 T-Handle Type
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online Stores
9.10.2 Offline Stores
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wrist Type
10.6.2 T-Handle Type
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online Stores
10.10.2 Offline Stores
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wrist Type
11.6.2 T-Handle Type
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online Stores
11.10.2 Offline Stores
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wrist Type
12.6.2 T-Handle Type
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online Stores
12.10.2 Offline Stores
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wrist Type
13.6.2 T-Handle Type
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online Stores
13.10.2 Offline Stores
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bow Releases Market: Competitive Dashboard
14.2 Global Bow Releases Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tru-Fire
14.3.2 Scott Archery
14.3.3 T.R.U. BALL
14.3.4 Spot-Hogg Archery Produ
14.3.5 Cobra
14.3.6 Tru Ball Archery
14.3.7 Tru-Fire
