Market Overview:
The global wave make device market is segmented on the basis of type, application and region. The type segment is further divided into 100CM wave height. The application segment is classified into beginners, advanced users and pros. The regional segmentation includes North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The global Wave Make Device Market is expected to register a CAGR of 5% during the forecast period 2018-2030. Some of the major factors that are expected to drive the growth of this market include increase in surfing tourism industry coupled with rising disposable income levels in emerging economies such as China and India etc., technological advancements in terms of product design & features which are making these devices more user friendly for beginners as well as pro users etc.
Product Definition:
Wave make device is an electronic device that is used to generate or produce waves. It is used to generate sound waves, electromagnetic waves and other types of waveforms. The waveform generator can be used for a variety of applications such as signal generation, testing and measurements, research and development etc.
The global wave making device market size was valued at USD 2.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for clean energy, owing to rapid industrialization and urbanization, is one of the key trends escalating market growth globally.
50-100CM Wave Height:
50-100CM wave height is the average water depth at which a normal person can feel the waves. The wave height varies from place to place depending on factors such as shoreline features, shape of ocean floor, and the volume of water present. Generally, larger waves are found in areas with more wind and atmospheric conditions.
Application Insights:
Beginners, Advanced users and professionals are the three application segments of the global wave make device market. In 2016, beginners dominated the market with a share of over 60% in terms of revenue.
The Pros segment is expected to witness significant growth over the forecast period owing to rising demand for surfing lessons by young children as well as adults who have never learnt how to surf. Moreover, this sport has become popular among women across all age groups which has increased overall interest in learning howto surf resulting in higher demand for surfing lessons and thus propelling product demand globally.
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 growing technological advancements and increasing adoption of these products by professional surfers as well as beginners. Furthermore, presence of a large number of manufacturers and availability of advanced products are also contributing towards growth in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income, increasing population, rapid urbanization along with growing popularity for water sports & activities such as surfing and kayaking across countries such as China, Japan, South Korea among others will drive demand for wave makers during the forecast period from 2018 To 2030 (as per Waves Global). Moreover North American countries are also likely have an influence on regional market due to high penetration rates for these devices across UAV/UAS training centers located there that use them for teaching purposes which further drives product sales in APAC region (as per wavesglobal).
Growth Factors:
- Increasing demand for Wave Make Devices from the automotive sector as they are used in various applications such as engine management, anti-lock braking system (ABS), airbag deployment, and power steering.
- Growing demand for Wave Make Devices in the medical sector owing to their use in various applications such as patient monitoring, diagnostics, and drug delivery.
- Rising demand for Wave Make Devices from the consumer electronics sector due to their increasing use in portable devices such as smartphones and tablets.
- Increasing adoption of Wave Make Devices by defense organizations for use in systems such as missile guidance and target acquisition systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wave Make Device Market Research Report
By Type
<50CM Wave Height, 50-100CM Wave Height, >100CM Wave Height
By Application
Beginners, Advanced Users, Pros
By Companies
UNIT PARKTECH, Wavegarden, Wave Loch, Kelly Slater Wave Company, American Wave Machines, Surf Lakes, Webber Wave Pools, Murphy’s Waves, Barr + Wray, Polin Group, Aquatic Development Group, AFP Technology
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Wave Make Device Market Report Segments:
The global Wave Make Device market is segmented on the basis of:
Types
<50CM Wave Height, 50-100CM Wave Height, >100CM Wave Height
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
Beginners, Advanced Users, Pros
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:
- UNIT PARKTECH
- Wavegarden
- Wave Loch
- Kelly Slater Wave Company
- American Wave Machines
- Surf Lakes
- Webber Wave Pools
- Murphy’s Waves
- Barr + Wray
- Polin Group
- Aquatic Development Group
- AFP Technology
Highlights of The Wave Make Device 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:
- <50CM Wave Height
- 50-100CM Wave Height
- >100CM Wave Height
- By Application:
- Beginners
- Advanced Users
- Pros
- 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 Wave Make Device 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?
Wave Make Device is a 3D printer that creates objects by printing successive waves of liquid plastic.
Some of the key players operating in the wave make device market are UNIT PARKTECH, Wavegarden, Wave Loch, Kelly Slater Wave Company, American Wave Machines, Surf Lakes, Webber Wave Pools, Murphy’s Waves, Barr + Wray, Polin Group, Aquatic Development Group, AFP Technology.
The wave make device market is expected to grow at a compound annual growth rate of 5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wave Make Device 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 Wave Make Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wave Make Device 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 Wave Make Device 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 Wave Make Device Market Size & Forecast, 2020-2028
4.5.1 Wave Make Device Market Size and Y-o-Y Growth
4.5.2 Wave Make Device 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 <50CM Wave Height
5.2.2 50-100CM Wave Height
5.2.3 >100CM Wave Height
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 Beginners
6.2.2 Advanced Users
6.2.3 Pros
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wave Make Device 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 Wave Make Device 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 <50CM Wave Height
9.6.2 50-100CM Wave Height
9.6.3 >100CM Wave Height
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 Beginners
9.10.2 Advanced Users
9.10.3 Pros
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 <50CM Wave Height
10.6.2 50-100CM Wave Height
10.6.3 >100CM Wave Height
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 Beginners
10.10.2 Advanced Users
10.10.3 Pros
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 <50CM Wave Height
11.6.2 50-100CM Wave Height
11.6.3 >100CM Wave Height
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 Beginners
11.10.2 Advanced Users
11.10.3 Pros
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 <50CM Wave Height
12.6.2 50-100CM Wave Height
12.6.3 >100CM Wave Height
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 Beginners
12.10.2 Advanced Users
12.10.3 Pros
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 <50CM Wave Height
13.6.2 50-100CM Wave Height
13.6.3 >100CM Wave Height
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 Beginners
13.10.2 Advanced Users
13.10.3 Pros
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 Wave Make Device Market: Competitive Dashboard
14.2 Global Wave Make Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UNIT PARKTECH
14.3.2 Wavegarden
14.3.3 Wave Loch
14.3.4 Kelly Slater Wave Company
14.3.5 American Wave Machines
14.3.6 Surf Lakes
14.3.7 Webber Wave Pools
14.3.8 Murphy’s Waves
14.3.9 Barr + Wray
14.3.10 Polin Group
14.3.11 Aquatic Development Group
14.3.12 AFP Technology
