Market Overview:
The global golf simulator market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as technological advancements, increasing demand for golf simulators for indoor and outdoor applications, and rising number of golf enthusiasts. Based on type, the global golf simulator market is segmented into infrared sensors, radar sensors, planar high speed camera technology, and others. The infrared sensors segment is expected to hold the largest share of the global market in 2018 owing to its low cost and easy installation. However, the radar sensors segment is projected to grow at a higher CAGR during the forecast period due its superior performance over other types of sensors. Based on application, the global golf simulator market is divided into indoor and outdoor applications.
Product Definition:
A golf simulator is a piece of technology used to simulate the playing of golf. Golf simulators have become popular in recent years because they allow people to play golf indoors, either alone or with others, regardless of the weather conditions outside.
Infrared Sensors:
Infrared sensors are used in simulators to measure the distance between the golf ball and target objects. They work on the principle of detecting infrared radiation, which is then converted into an electric signal that is proportional to the distance between two objects. The greater significance of these devices can be gauged from their widespread application in household appliances such as television remote controls, DVD players, microwave ovens and computers among others.
Radar Sensors:
Radar sensors are used in golf simulators to determine the position of the ball. It is a device that emits and receives radio waves which are then reflected by the object to be tracked. The main function of these sensors is to help gamers improve their shots by providing accurate information about club, distance, accuracy, spin etc. This technology has been around for quite some time but only recently have manufacturers started including it in various golf simulation games as an added feature or functionality.
Application Insights:
The indoor segment dominated the global market in 2017. The application of golf simulators has been witnessing a rise at golf courses, hotels, and resorts across the world. This is attributed to their ability to provide an immersive experience for players by replicating real life situations on a course. Furthermore, they help improve player's shot consistency as well as accuracy by providing them with realistic shots played on actual golf courses.
The outdoor segment is expected to witness significant growth over the forecast period owing to its increasing adoption at country clubs and private clubs around the world looking for new ways of attracting more members and enhancing their services.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing number of golf tournaments and rising popularity of outdoor sports in U.S. and Canada.
Asia Pacific is anticipated to be fastest growing regional market at a CAGR exceeding 6% during the forecast period due to increasing awareness regarding health benefits associated with sport activities such as physical fitness, stress management, weight loss etc., especially among working professionals based in China and India.
Growth Factors:
- Increasing demand for golf simulators owing to the growing popularity of the sport
- Proliferation of golf simulator centers and clubs across the world
- Technological advancements in golf simulator hardware and software that provide enhanced user experience
- Growing awareness about the health benefits of playing golf
- Rising disposable income levels among consumers, which enables them to invest in premium quality golf simulators
Scope Of The Report
Report Attributes
Report Details
Report Title
Golf Simulators Market Research Report
By Type
Infrared Sensors, Radar Sensors, Planar High Speed Camera Technology, Others
By Application
Indoor, Outdoor
By Companies
Victor, BOGOLE, SkyTrak, OptiShot Golf, Screenzon, ForesightSports, wingStar, GOLFTIME, Runlai, GREENIOY, Ingersoll Rand, GOLFZON, GOGOSHARE
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 Golf Simulators Market Report Segments:
The global Golf Simulators market is segmented on the basis of:
Types
Infrared Sensors, Radar Sensors, Planar High Speed Camera Technology, 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
Indoor, Outdoor
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:
- Victor
- BOGOLE
- SkyTrak
- OptiShot Golf
- Screenzon
- ForesightSports
- wingStar
- GOLFTIME
- Runlai
- GREENIOY
- Ingersoll Rand
- GOLFZON
- GOGOSHARE
Highlights of The Golf Simulators 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:
- Infrared Sensors
- Radar Sensors
- Planar High Speed Camera Technology
- Others
- By Application:
- Indoor
- Outdoor
- 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 Golf Simulators 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?
Golf simulators are computer programs that allow users to practice and improve their golf skills. They typically include a variety of different courses, rulesets, and challenges.
Some of the major companies in the golf simulators market are Victor, BOGOLE, SkyTrak, OptiShot Golf, Screenzon, ForesightSports, wingStar, GOLFTIME, Runlai, GREENIOY, Ingersoll Rand, GOLFZON, GOGOSHARE.
The golf simulators market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Golf Simulators 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. Golf Simulators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Golf Simulators Market - Supply Chain
4.5. Global Golf Simulators Market Forecast
4.5.1. Golf Simulators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Golf Simulators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Golf Simulators Market Absolute $ Opportunity
5. Global Golf Simulators 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. Golf Simulators Market Size and Volume Forecast by Type
5.3.1. Infrared Sensors
5.3.2. Radar Sensors
5.3.3. Planar High Speed Camera Technology
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Golf Simulators 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. Golf Simulators Market Size and Volume Forecast by Application
6.3.1. Indoor
6.3.2. Outdoor
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Golf Simulators 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. Golf Simulators 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 Golf Simulators 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. Golf Simulators 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 Golf Simulators Demand Share Forecast, 2019-2026
9. North America Golf Simulators 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 Golf Simulators 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 Golf Simulators Market Size and Volume Forecast by Application
9.4.1. Indoor
9.4.2. Outdoor
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Golf Simulators Market Size and Volume Forecast by Type
9.7.1. Infrared Sensors
9.7.2. Radar Sensors
9.7.3. Planar High Speed Camera Technology
9.7.4. Others
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 Golf Simulators Demand Share Forecast, 2019-2026
10. Latin America Golf Simulators 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 Golf Simulators 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 Golf Simulators Market Size and Volume Forecast by Application
10.4.1. Indoor
10.4.2. Outdoor
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Golf Simulators Market Size and Volume Forecast by Type
10.7.1. Infrared Sensors
10.7.2. Radar Sensors
10.7.3. Planar High Speed Camera Technology
10.7.4. Others
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 Golf Simulators Demand Share Forecast, 2019-2026
11. Europe Golf Simulators 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 Golf Simulators 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 Golf Simulators Market Size and Volume Forecast by Application
11.4.1. Indoor
11.4.2. Outdoor
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Golf Simulators Market Size and Volume Forecast by Type
11.7.1. Infrared Sensors
11.7.2. Radar Sensors
11.7.3. Planar High Speed Camera Technology
11.7.4. Others
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 Channel
11.11. Europe Golf Simulators Demand Share, 2019-2026
12. Asia Pacific Golf Simulators 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 Golf Simulators 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 Golf Simulators Market Size and Volume Forecast by Application
12.4.1. Indoor
12.4.2. Outdoor
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Golf Simulators Market Size and Volume Forecast by Type
12.7.1. Infrared Sensors
12.7.2. Radar Sensors
12.7.3. Planar High Speed Camera Technology
12.7.4. Others
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 Golf Simulators Demand Share, 2019-2026
13. Middle East & Africa Golf Simulators 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 Golf Simulators 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 Golf Simulators Market Size and Volume Forecast by Application
13.4.1. Indoor
13.4.2. Outdoor
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Golf Simulators Market Size and Volume Forecast by Type
13.7.1. Infrared Sensors
13.7.2. Radar Sensors
13.7.3. Planar High Speed Camera Technology
13.7.4. Others
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 Golf Simulators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Golf Simulators Market: Market Share Analysis
14.2. Golf Simulators Distributors and Customers
14.3. Golf Simulators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Victor
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BOGOLE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SkyTrak
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. OptiShot Golf
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Screenzon
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ForesightSports
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. wingStar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GOLFTIME
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Runlai
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GREENIOY
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ingersoll Rand
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GOLFZON
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. GOGOSHARE
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
