Market Overview:
The global smart boxing gear market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart boxing gear from commercial and residential applications, and the growing popularity of boxing as a fitness activity. The global smart boxing glove market is expected to grow at a CAGR of 8.0% during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for smart boxing gloves from commercial and residential applications, and their growing popularity among fitness enthusiasts as a means of improving their punching power and accuracy. The global Smart Boxing Bag Market is projected to reach USD 1,711 million by 2030, registering a CAGR of 7.8% during the forecast period (2018-2030).
Product Definition:
Smart Boxing Gear is a term used to describe technology enhanced boxing equipment that is designed to improve the safety and performance of boxers. This gear can include things like headgear with built in sensors, mouth guards with breathing monitors, and wraps that track heart rate and other biometric data. The purpose of Smart Boxing Gear is to provide boxers with real-time feedback on their physical condition during a fight, so they can make adjustments as needed to stay safe and perform at their best.
Smart Boxing Glove:
Smart boxing gloves are wearable devices that use an electronic system to record the punches and provide real-time feedback. The device measures the force of each punch, which enables trainers as well as boxers to analyze their performance. These gloves are used by professional boxers across the globe owing to its several benefits such as it helps them improve their punching technique and power, monitor their hand speed & accuracy along with providing immediate feedback during training or even in a fight.
Smart Boxing Bag:
Smart boxing bag is a wearable device that helps in collecting and analyzing the data regarding the punches thrown during training or even while playing. It measures speed, power, accuracy and also keeps a track of how many times a fighter has been hit. The collected information is then transferred to his/her smartphone which displays all the necessary information including number of punches thrown, their velocity and strength along with an analysis on where he/she went wrong during training.
Application Insights:
The commercial application segment dominated the global smart boxing gear market in 2017. This can be attributed to the rising number of fitness clubs and sports facilities at a global level. Furthermore, increasing government initiatives for promoting health and fitness among adults is also expected to have a positive impact on the growth of this segment over the forecast period. Residential application is expected to witness significant growth over the forecast period owing to growing concerns about personal safety among children at home as well as schools across various regions including Latin America and Asia Pacific. The others category includes applications such as military training or rehabilitation centers which require special equipment for boxing training or sparring purposes respectively.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of over 10% during the forecast period. This can be attributed to increasing awareness about health and fitness, along with rising participation in sports activities among youths and adults alike. Moreover, growing popularity of combat sports including kickboxing, Muay Thai & MMA among mainstream audiences will drive regional demand for smart boxing gear over the forecast period.
Asia Pacific is anticipated to emerge as one of the fastest-growing regions during the same period owing to increasing number of gyms and training centers across countries such as China, India Japan Thailand etc., which will boost product sales in near future. Furthermore, government initiatives encouraging people towards a healthy lifestyle coupled with favorable healthcare policies are expected drive regional demand for smart boxing equipment at a significant pace over next eight years or so till 2030 time frame).
Growth Factors:
- Increasing demand for fitness and health awareness among people
- Rising disposable income of the population
- Technological advancements in the field of boxing gear that offer better comfort and protection to boxers
- Growing popularity of mixed martial arts (MMA) as a form of exercise and self-defense
- Emergence of new, small players in the market that focus on innovation and customer satisfaction
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Boxing Gear Market Research Report
By Type
Smart Boxing Glove, Smart Boxing Bag, Others
By Application
Commercial, Residential, Others
By Companies
TONAL, Nexersys, Padipata, SkyTechSport, Move It, Hykso, Exergame Fitness, cRESULTS Digital Fitness Boxing
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 Smart Boxing Gear Market Report Segments:
The global Smart Boxing Gear market is segmented on the basis of:
Types
Smart Boxing Glove, Smart Boxing Bag, 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
Commercial, Residential, Others
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:
- TONAL
- Nexersys
- Padipata
- SkyTechSport
- Move It
- Hykso
- Exergame Fitness
- cRESULTS Digital Fitness Boxing
Highlights of The Smart Boxing Gear 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:
- Smart Boxing Glove
- Smart Boxing Bag
- Others
- By Application:
- Commercial
- Residential
- Others
- 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 Smart Boxing Gear 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
- Business Expansion Strategies
- 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?
Smart boxing gear is a type of equipment that helps boxers improve their performance. It includes devices such as heart rate monitors, motion sensors, and GPS trackers that help boxers monitor their physical activity and training progress.
Some of the major players in the smart boxing gear market are TONAL, Nexersys, Padipata, SkyTechSport, Move It, Hykso, Exergame Fitness, cRESULTS Digital Fitness Boxing.
The smart boxing gear market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Boxing Gear 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 Smart Boxing Gear Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Boxing Gear 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 Smart Boxing Gear 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 Smart Boxing Gear Market Size & Forecast, 2020-2028
4.5.1 Smart Boxing Gear Market Size and Y-o-Y Growth
4.5.2 Smart Boxing Gear 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 Smart Boxing Glove
5.2.2 Smart Boxing Bag
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 Commercial
6.2.2 Residential
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Boxing Gear 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 Smart Boxing Gear 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 Smart Boxing Glove
9.6.2 Smart Boxing Bag
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 Commercial
9.10.2 Residential
9.10.3 Others
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 Smart Boxing Glove
10.6.2 Smart Boxing Bag
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 Commercial
10.10.2 Residential
10.10.3 Others
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 Smart Boxing Glove
11.6.2 Smart Boxing Bag
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 Commercial
11.10.2 Residential
11.10.3 Others
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 Smart Boxing Glove
12.6.2 Smart Boxing Bag
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 Commercial
12.10.2 Residential
12.10.3 Others
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 Smart Boxing Glove
13.6.2 Smart Boxing Bag
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 Commercial
13.10.2 Residential
13.10.3 Others
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 Smart Boxing Gear Market: Competitive Dashboard
14.2 Global Smart Boxing Gear Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TONAL
14.3.2 Nexersys
14.3.3 Padipata
14.3.4 SkyTechSport
14.3.5 Move It
14.3.6 Hykso
14.3.7 Exergame Fitness
14.3.8 cRESULTS Digital Fitness Boxing
