Market Overview:
The global sports electronics devices market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wearable devices and standalone devices. The rising awareness about the health benefits associated with sports and fitness is also driving the growth of this market. Additionally, technological advancements are resulting in innovative products being launched in this market, which is further propelling its growth. However, high cost of these devices may restrain the growth of this market to some extent during the forecast period. On basis of type, wearable devices accounted for a major share of the global sports electronics devices market in 2017 and are expected to maintain their dominance during the forecast period as well. This can be attributed to their growing popularity among consumers owing to various health benefits associated with them such as improved heart rate monitoring, calorie counting etc., which has resulted in an increase in their adoption rates across different regions worldwide.
Product Definition:
Sports electronics devices are electronic gadgets that are used by athletes and sports enthusiasts to improve their performance or to help them track their progress. Devices such as heart rate monitors, pedometers, and GPS watches can help people train more effectively, while products such as headphones and speakers can help people stay motivated when working out. Sports electronics devices can also be used to improve safety by providing information about weather conditions or traffic.
Wearable Devices:
Wearable devices are small electronic devices that can be attached to the body or clothing and used for health-related purposes. They are mainly used by athletes for monitoring their performance in real-time, tracking their physical activities, and monitoring vital statistics such as heart rate, blood oxygen level etc. The global wearable device market is expected to witness significant growth over the forecast period owing to increasing demand from sportspersons for improving their performance along with a reduction in injury risk.
Standalone Devices:
A standalone device is a single hardware component that can be used without any other devices or equipment. It can be connected to the PC for data collecting and transferring. Standalone devices are widely used in sports & fitness monitoring applications such as heart rate monitors, speed, cadence, power meters etc.
Application Insights:
The global market is segmented by application into commercial use, household use and personal use. The household use accounted for the largest share in 2017 owing to rising demand from consumers for fitness tracking devices and smart home accessories. Furthermore, increasing penetration of these products in developed countries such as Germany, U.K., France and Italy is expected to drive the growth over the forecast period.
The commercial segment is projected to witness significant growth over the forecast period due to rising adoption of these products by athletes including professional players and coaches at national level as well as club level across various regions including North America & Europe Pacific Asia Middle East & Africa Latin America Brazil Australia UAE etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of technology and high disposable income of consumers in this region. Increasing demand for fitness devices, along with growing health awareness among people, is also driving the wearable devices market in North America.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels and expanding population base especially in China and India which are some of the major markets for sports & fitness tracking systems as well as smart Watches & Clocks based on GPS system that provide real-time data such as speed, distance covered etc., allowing users perform better at their respective sports activities or manage a healthy lifestyle from home without any hassle or extra cost involved.
Growth Factors:
- Increasing demand for sports and fitness activities
- Growing popularity of wearable technology
- Proliferation of digital content and services
- Rising number of women participants in sports activities
- Emergence of new applications and devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Sports Electronics Devices Market Research Report
By Type
Wearable Devices, Standalone Devices
By Application
Household Use, Commercial Use, Personal Use
By Companies
Fitbit, Garmin, Apple, Catapult Sports, Under Armour, Zepp, StretchSense, SZ DJI Technology, Polar Electro, Adidas, Nike, Giant Manufacturing
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Sports Electronics Devices Market Report Segments:
The global Sports Electronics Devices market is segmented on the basis of:
Types
Wearable Devices, Standalone Devices
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
Household Use, Commercial Use, Personal Use
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:
- Fitbit
- Garmin
- Apple
- Catapult Sports
- Under Armour
- Zepp
- StretchSense
- SZ DJI Technology
- Polar Electro
- Adidas
- Nike
- Giant Manufacturing
Highlights of The Sports Electronics Devices 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:
- Wearable Devices
- Standalone Devices
- By Application:
- Household Use
- Commercial Use
- Personal Use
- 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 Sports Electronics Devices 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
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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?
Sports Electronics Devices (SEDs) are electronic devices that are designed to improve the experience of sports and physical activity. They can be used for a variety of purposes, such as tracking performance data, providing feedback to athletes, or enhancing spectator experiences.
Some of the major companies in the sports electronics devices market are Fitbit, Garmin, Apple, Catapult Sports, Under Armour, Zepp, StretchSense, SZ DJI Technology, Polar Electro, Adidas, Nike, Giant Manufacturing.
The sports electronics devices 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 Sports Electronics Devices 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 Sports Electronics Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Sports Electronics Devices 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 Sports Electronics Devices 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 Sports Electronics Devices Market Size & Forecast, 2020-2028 4.5.1 Sports Electronics Devices Market Size and Y-o-Y Growth 4.5.2 Sports Electronics Devices 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 Wearable Devices
5.2.2 Standalone Devices
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 Household Use
6.2.2 Commercial Use
6.2.3 Personal Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sports Electronics Devices 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 Sports Electronics Devices 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 Wearable Devices
9.6.2 Standalone Devices
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 Household Use
9.10.2 Commercial Use
9.10.3 Personal Use
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 Wearable Devices
10.6.2 Standalone Devices
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 Household Use
10.10.2 Commercial Use
10.10.3 Personal Use
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 Wearable Devices
11.6.2 Standalone Devices
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 Household Use
11.10.2 Commercial Use
11.10.3 Personal Use
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 Wearable Devices
12.6.2 Standalone Devices
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 Household Use
12.10.2 Commercial Use
12.10.3 Personal Use
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 Wearable Devices
13.6.2 Standalone Devices
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 Household Use
13.10.2 Commercial Use
13.10.3 Personal Use
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 Sports Electronics Devices Market: Competitive Dashboard
14.2 Global Sports Electronics Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fitbit
14.3.2 Garmin
14.3.3 Apple
14.3.4 Catapult Sports
14.3.5 Under Armour
14.3.6 Zepp
14.3.7 StretchSense
14.3.8 SZ DJI Technology
14.3.9 Polar Electro
14.3.10 Adidas
14.3.11 Nike
14.3.12 Giant Manufacturing