ゴルフレンジファインダーの市場：製品、流通チャネル、用途、地域別 2024-2032

ゴルフレンジファインダーの世界市場規模は2023年に1億5,180万米ドルに達しました。今後、IMARC Groupは、市場が2024年から2032年の間に6.2％の成長率（CAGR）を示し、2032年までに2億6,510万米ドルに達すると予測しています。同市場は、若年層や新興国を中心とした世界のゴルフ人気の高まり、若年層や新興国を中心とした世界のゴルフ人気の高まり、レンジファインダーの継続的な技術進歩などにより、着実な成長を遂げています。

ゴルフレンジファインダー市場分析

市場の成長と規模：ゴルフ人気の高まりとレンジファインダーの技術進歩により、世界市場は大幅な成長を遂げています。アマチュアゴルファーとプロゴルファーの両方にとって、これらのデバイスがより不可欠になるにつれて市場は拡大しており、収益と市場規模の面で有望な将来を示しています。

技術の進歩：市場は、GPS統合、レーザー距離計、ハイブリッドモデルなどの技術革新の影響を大きく受けています。高精細ディスプレイ、コースマップ、ショットトラッキングなどの先進機能は、ユーザーエクスペリエンスと精度を高め、市場成長に大きく貢献しています。

産業用途：ゴルフレンジファインダーは、カジュアルなプレーからプロのトーナメントまで、様々なゴルフ関連の用途で使用されるようになってきています。USGAのようなゴルフ当局が規制を緩和したことで、競技環境での利用が拡大している一方、アマチュアゴルファーはゲームの上達や戦略開発に活用しています。

主要市場動向：この市場の主な動向は、レンジファインダーにおけるユーザーフレンドリーで高度な機能に対する需要の高まりです。さらに、パーソナライズされたコース推奨やショット分析のためのAIなどのスマートテクノロジーの統合が重要な動向として浮上しています。

地理的動向：北米と欧州は、ゴルフ文化が根強く、可処分所得が高いため、先進的なゴルフ機器の導入が進んでおり、主要市場となっています。しかし、中国やインドなどの国々でゴルフ人気が高まっていることから、アジア太平洋も重要な市場として浮上しています。

競合情勢：同市場は、既存プレーヤーと複数の新規参入プレーヤーが存在し、競合環境が形成されているのが特徴です。各社は、製品ポートフォリオと地理的プレゼンスを拡大するため、技術革新、合併、買収に注力しています。

課題と機会：市場は、製品コストの高騰や継続的な技術アップグレードの必要性といった課題に直面しています。しかし、このような課題は、市場プレーヤーにとっては、コスト効率の高い製品を革新的に開発するチャンスでもあります。さらに、若者の間でゴルフの普及が進み、ゴルフツーリズムが拡大していることは、市場成長にとって有利な機会となります。

ゴルフレンジファインダーの市場動向

絶え間ない技術の進歩

世界市場は技術革新の影響を大きく受けています。これらの進歩には、GPS技術、レーザー距離計、および両方の技術を組み合わせたハイブリッドモデルの統合が含まれます。さらに、精度の向上、ユーザーフレンドリーなインターフェイス、コースマップ、ハザードまでの距離、ショットトラッキングなどの機能が、それらの魅力を高めています。これに伴い、最新のデバイスは高精細ディスプレイやカスタマイズ可能なオプションを提供し、ゴルフ愛好家の幅広い好みに対応しています。このような技術的強化は、ゴルフ体験を向上させ、戦略や技術開発を支援します。メーカー各社が最先端技術の革新と統合を続けているため、市場は大幅な成長を遂げています。

ゴルフ人気の高まり

ゴルフ人気の復活は市場の主要促進要因です。この復活は、このスポーツがオリンピックに採用されたこと、若い層の参加が増えたことなどの要因によるものです。これに加え、ゴルフ・ツーリズム、中流階級の富裕層の増加、企業の推薦などが、このスポーツの魅力の高まりに寄与しています。このようなゴルフへの関心の高まりは、距離計を含むゴルフ用品の需要増につながっています。さらに、レンジファインダーは、正確な距離測定を提供することにより、ゴルフ体験を向上させ、アマチュアとプロの両方のプレーヤーに特に魅力的です。このスポーツが世界的に新たなプレーヤーを魅了し続けているため、レンジファインダーを含む先進的なゴルフ用品への需要が高まっており、市場の成長を支えています。

規制変更の増加

ゴルフの規則や規制の変更も、市場を牽引する重要な役割を果たしています。競技における距離測定器の使用（規則14-3に基づく）を認めるという競合団体の決定は極めて重要です。この規制の変更によって、プロのトーナメントでの距離計の使用が合法化され、それによってアマチュアゴルファーの間で距離計が受け入れられるようになった。この規則変更により、練習中や競合プレーでの距離計の採用が大幅に増えました。その結果、ゲームの上達とルールの遵守を求めるゴルファーがレンジファインダーを利用するようになり、市場の成長に拍車をかけています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 ゴルフレンジファインダーの世界市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：製品別

• レーザー
  • 市場動向
  • 市場予測
• GPS
  • 市場動向
  • 市場予測

第7章 市場内訳：流通チャネル別

• オフライン
  • 市場動向
  • 市場予測
• オンライン
  • 市場動向
  • 市場予測

第8章 市場内訳：アプリケーション別

• プロフェッショナルプレイヤー
  • 市場動向
  • 市場予測
• アマチュア
  • 市場動向
  • 市場予測

第9章 市場内訳：地域別

• 北米
  • 米国
    • 市場動向
    • 市場予測
  • カナダ
    • 市場動向
    • 市場予測
• アジア太平洋
  • 中国
    • 市場動向
    • 市場予測
  • 日本
    • 市場動向
    • 市場予測
  • インド
    • 市場動向
    • 市場予測
  • 韓国
    • 市場動向
    • 市場予測
  • オーストラリア
    • 市場動向
    • 市場予測
  • インドネシア
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• 欧州
  • ドイツ
    • 市場動向
    • 市場予測
  • フランス
    • 市場動向
    • 市場予測
  • 英国
    • 市場動向
    • 市場予測
  • イタリア
    • 市場動向
    • 市場予測
  • スペイン
    • 市場動向
    • 市場予測
  • ロシア
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• ラテンアメリカ
  • ブラジル
    • 市場動向
    • 市場予測
  • メキシコ
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測
• 中東・アフリカ地域
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第10章 促進要因、抑制要因、機会

• 市場概要
• 促進要因
• 抑制要因
• 機会

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Bushnell Corporation（Vista Outdoor Inc.）
  • Garmin Ltd.
  • Laser Link Golf
  • Leica Camera AG
  • Leupold & Stevens Inc.
  • Nikon Corporation
  • Precision Pro Golf
  • SkyHawke Technologies LLC（SkyGolf）
  • Topgolf Callaway Brands Corp.
  • Wosports

List of Figures

• Figure 1: Global: Golf Rangefinder Market: Major Drivers and Challenges
• Figure 2: Global: Golf Rangefinder Market: Sales Value (in Million US$), 2018-2023
• Figure 3: Global: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 4: Global: Golf Rangefinder Market: Breakup by Product (in %), 2023
• Figure 5: Global: Golf Rangefinder Market: Breakup by Distribution Channel (in %), 2023
• Figure 6: Global: Golf Rangefinder Market: Breakup by Application (in %), 2023
• Figure 7: Global: Golf Rangefinder Market: Breakup by Region (in %), 2023
• Figure 8: Global: Golf Rangefinder (Laser) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 9: Global: Golf Rangefinder (Laser) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 10: Global: Golf Rangefinder (GPS) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 11: Global: Golf Rangefinder (GPS) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 12: Global: Golf Rangefinder (Offline) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 13: Global: Golf Rangefinder (Offline) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 14: Global: Golf Rangefinder (Online) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 15: Global: Golf Rangefinder (Online) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 16: Global: Golf Rangefinder (Professional Players) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 17: Global: Golf Rangefinder (Professional Players) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 18: Global: Golf Rangefinder (Amateurs) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 19: Global: Golf Rangefinder (Amateurs) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 20: North America: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 21: North America: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 22: United States: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 23: United States: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 24: Canada: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 25: Canada: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 26: Asia-Pacific: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 27: Asia-Pacific: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 28: China: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 29: China: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 30: Japan: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 31: Japan: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 32: India: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 33: India: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 34: South Korea: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 35: South Korea: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 36: Australia: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 37: Australia: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 38: Indonesia: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 39: Indonesia: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 40: Others: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 41: Others: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 42: Europe: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 43: Europe: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 44: Germany: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 45: Germany: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 46: France: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 47: France: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 48: United Kingdom: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 49: United Kingdom: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 50: Italy: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 51: Italy: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 52: Spain: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 53: Spain: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 54: Russia: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 55: Russia: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 56: Others: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 57: Others: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 58: Latin America: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 59: Latin America: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 60: Brazil: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 61: Brazil: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 62: Mexico: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 63: Mexico: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 64: Others: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 65: Others: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 66: Middle East and Africa: Golf Rangefinder Market: Sales Value (in Million US$), 2018 & 2023
• Figure 67: Middle East and Africa: Golf Rangefinder Market: Breakup by Country (in %), 2023
• Figure 68: Middle East and Africa: Golf Rangefinder Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 69: Global: Golf Rangefinder Industry: Drivers, Restraints, and Opportunities
• Figure 70: Global: Golf Rangefinder Industry: Value Chain Analysis
• Figure 71: Global: Golf Rangefinder Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Golf Rangefinder Market: Key Industry Highlights, 2023 & 2032
• Table 2: Global: Golf Rangefinder Market Forecast: Breakup by Product (in Million US$), 2024-2032
• Table 3: Global: Golf Rangefinder Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
• Table 4: Global: Golf Rangefinder Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 5: Global: Golf Rangefinder Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 6: Global: Golf Rangefinder Market: Competitive Structure
• Table 7: Global: Golf Rangefinder Market: Key Players

Abstract

The global golf rangefinder market size reached US$ 151.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 265.1 Million by 2032, exhibiting a growth rate (CAGR) of 6.2% during 2024-2032. The market is experiencing steady growth driven by the increasing popularity of golf worldwide, particularly among younger demographics and emerging economies, the increasing popularity of golf worldwide, particularly among younger demographics and emerging economies, and continuous technological advancements in rangefinders.

Golf Rangefinder Market Analysis:

Market Growth and Size: The global market is experiencing substantial growth, driven by the increasing popularity of golf and technological advancements in rangefinders. The market is expanding as these devices become more integral to both amateur and professional golfers, indicating a promising future in terms of revenue and market size.

Technological Advancements: The market is heavily influenced by technological innovations, including GPS integration, laser rangefinders, and hybrid models. Advanced features such as high-definition displays, course maps, and shot tracking are enhancing user experience and precision, contributing significantly to market growth.

Industry Applications: Golf rangefinders are increasingly used in various golf-related applications, from casual play to professional tournaments. The relaxation of regulations by golfing authorities like the USGA has expanded their use in competitive settings, while amateur golfers utilize them for game improvement and strategy development.

Key Market Trends: A key trend in this market is the growing demand for user-friendly and advanced features in rangefinders. Additionally, the integration of smart technologies such as AI for personalized course recommendations and shot analysis is emerging as a significant trend.

Geographical Trends: North America and Europe are leading markets due to their strong golfing cultures and higher disposable incomes, facilitating greater adoption of advanced golf equipment. However, Asia-Pacific is also emerging as a significant market, driven by the growing popularity of golf in countries like China and India.

Competitive Landscape: The market is characterized by the presence of established players and several new entrants, creating a competitive environment. Companies are focusing on innovation, mergers, and acquisitions to expand their product portfolios and geographical presence.

Challenges and Opportunities: The market faces challenges such as high product costs and the need for continuous technological upgrades. However, these challenges present opportunities for market players to innovate and develop cost-effective products. Additionally, the increasing adoption of golf among young people and the expansion of golf tourism offer lucrative opportunities for market growth.

Golf Rangefinder Market Trends:

Continuous technological advancements

The global market is significantly influenced by technological innovations. These advancements include the integration of GPS technology, laser rangefinders, and hybrid models that combine both technologies. Additionally, improved accuracy, user-friendly interfaces, and features such as course maps, distance to hazards, and shot tracking have enhanced the appeal of them. Along with this, modern devices offer high-definition displays and customizable options, catering to a wide range of preferences among golf enthusiasts. These technological enhancements improve the golfing experience and assist in strategy and skill development. As manufacturers continue to innovate and integrate cutting-edge technology, the market is witnessing substantial growth.

Growing popularity of golf

The resurgence in golf's popularity is a key driver for the market. This resurgence is due to factors such as the sport's inclusion in the Olympics and increased participation by younger demographics. Along with this, golf tourism, rising middle-class affluence, and corporate endorsements are contributing to the sport's growing appeal. This increased interest in golf has led to higher demand for golf equipment, including rangefinders. In addition to this, rangefinders enhance the golfing experience by providing precise distance measurements, which is particularly appealing to both amateur and professional players. As the sport continues to attract new players globally, the demand for advanced golf equipment, including rangefinders, is rising, supporting market growth.

Increasing regulatory changes

Changes in the rules and regulations of golf have also played a crucial role in driving the market. The decision by the associations to permit the use of distance-measuring devices in competition (under Rule 14-3) has been pivotal. This regulatory shift has legitimized the use of rangefinders in professional tournaments, thereby increasing their acceptance among amateur golfers. The rule change has led to a significant increase in the adoption of rangefinders during practice and in competitive play. As a result, golfers seeking to improve their game and comply with the rules are increasingly turning to rangefinders, thus fueling market growth.

Golf Rangefinder Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product, distribution channel, and application.

Breakup by Product:

Laser

GPS

Laser accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the golf rangefinder market based on the product. This includes laser and GPS. According to the report, laser represented the largest market segment.

Laser rangefinders constitute the largest segment in the market, primarily due to their high accuracy and reliability. These devices work by emitting a laser beam towards a target, and the time taken for the beam to reflect back is used to calculate the distance. Additionally, the precision offered by laser rangefinders is unparalleled, making them the preferred choice for professional golfers and serious amateurs. They are particularly useful in courses with uneven terrain and blind spots where GPS data might be less accurate. Moreover, the demand for laser rangefinders continues to grow, driven by technological advancements that include improved battery life, enhanced portability, and added features such as slope calculations and vibration feedback.

On the other hand, GPS rangefinders represent a significant segment of the market, appealing to golfers who prefer a more holistic view of the course. These devices use satellite data to provide distances to the front, middle, and back of the green, as well as hazards and other course features. GPS rangefinders are particularly user-friendly, offering pre-loaded course data that can be easily accessed through wearable devices, handheld units, or smartphone apps. They are ideal for golfers who play on multiple courses and those who value convenience and quick distance readings. The segment is expected to grow as technology improves, making these devices more accurate and offering more course details and analytics capabilities.

Breakup by Distribution Channel:

Offline

Online

Offline holds the largest share in the industry

A detailed breakup and analysis of the golf rangefinder market based on the distribution channel has also been provided in the report. This includes online and offline. According to the report, offline accounted for the majority of the market share.

The offline distribution channel, encompassing brick-and-mortar stores such as sports equipment outlets, specialty golf stores, and pro shops at golf courses, remains the largest segment for sales. This dominance is attributed to the tangible experience it offers, allowing customers to physically handle and test different rangefinder models before making a purchase. This hands-on approach is particularly appealing to consumers who prefer personal assistance and immediate product availability. Moreover, purchasing from a physical store ensures instant gratification without the wait associated with shipping, and it often provides the added benefit of professional advice and in-store promotions. These stores also cater to a segment of consumers who are not as comfortable with online purchases.

On the contrary, the online distribution channel, while smaller compared to offline, is rapidly growing in the market. This growth is driven by the convenience of shopping from home, the availability of a wide range of products, and often competitive pricing. Online platforms, including e-commerce websites and online sports equipment retailers, offer extensive product information, customer reviews, and comparison options, aiding consumers in making informed decisions. This channel is particularly popular among tech-savvy consumers and those who prefer the ease of home delivery. Along with this, the online segment benefits from exclusive online discounts and a broader geographical reach, appealing to customers who do not have easy access to physical stores. As more consumers become comfortable with online purchases and as digital platforms continue to improve their user experience and logistical efficiency, the online segment is growing, gradually closing the gap with the offline segment.

Breakup by Application:

Professional Players

Amateurs

Amateurs exhibits a clear dominance in the market

The report has provided a detailed breakup and analysis of the golf rangefinder market based on the application. This includes professional and amateurs. According to the report, amateurs represented the largest segment.

The amateur segment holds the largest share of the market, driven by the increasing number of recreational golfers worldwide. Amateurs, including casual players and golf enthusiasts, are drawn to rangefinders as tools to enhance their playing experience and improve their skills. This group values devices that are user-friendly, reasonably priced, and equipped with features that aid in learning and game improvement, such as distance measurements, hazard identification, and shot tracking. Additionally, the growth in this segment is also fueled by the general rise in golf's popularity, facilitated by factors like the sport's return to the Olympics and increased accessibility through public courses and driving ranges. Manufacturers cater to this segment by offering a range of products that balance functionality with affordability, meeting the diverse needs of amateur players. As golf continues to attract new participants of varying skill levels, the demand from amateurs for is remaining, driving market growth in this segment.

On the contrary, the professional segment, while smaller than the amateur segment, is a crucial part of the market. This segment includes professional golfers, coaches, and serious golf enthusiasts who seek the highest level of accuracy and advanced features in rangefinders. Professionals often prefer high-end laser rangefinders due to their precision and reliability, especially in competitive environments. The needs of this segment are centered around devices that offer advanced technological features such as slope adjustments, wind speed calculations, and detailed course maps. The market for professional golfers is also influenced by endorsements and sponsorships from leading rangefinder brands. Although this segment is smaller in volume compared to the amateur market, it plays a significant role in driving technological advancements and brand prestige in the overall market. As professional golf continues to evolve and attract global attention, the demand from this segment for cutting-edge rangefinder technology is growing, influencing market trends and product development.

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America leads the market, accounting for the largest golf rangefinder market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

North America represents the largest segment in the market, a status attributed to the region's strong golfing culture and high disposable incomes. The United States and Canada are key contributors, with a large number of golf courses and a significant population of golf enthusiasts. The presence of major manufacturers and technological advancements in the region is bolstering market growth. The widespread acceptance of golf as a leisure and professional sport, combined with the availability of advanced golfing infrastructure, ensures sustained demand for rangefinders in this region.

Along with this, the Asia Pacific region is experiencing rapid growth in the market, driven by the increasing popularity of golf in countries such as China, Japan, South Korea, and India. Economic growth, rising middle-class affluence, and a growing interest in leisure activities contribute to this surge. The region's growing golf tourism industry and the construction of new golf courses are additional factors propelling market expansion.

In addition, Europe's market is significant, supported by a strong golfing tradition, particularly in countries such as the United Kingdom, Germany, and France. The market benefits from the presence of avid golfers, high levels of disposable income, and well-established golfing infrastructure. European golfers' preference for technologically advanced and high-quality golf equipment drives demand for premium rangefinders in this region.

In Latin America, the market is growing, though it remains relatively small compared to other regions. The market's growth is primarily driven by the increasing popularity of golf in countries such as Brazil, Argentina, and Mexico. Despite challenges such as economic variability and fewer golf facilities compared to North America or Europe, rising interest in golf among the middle and upper classes presents opportunities for market expansion in this region.

Furthermore, the Middle East and Africa (MEA) region, while currently a smaller segment in the global market, is gradually gaining traction. This growth is partly due to the development of golf tourism and luxury golf resorts, particularly in Middle East countries such as the United Arab Emirates and Saudi Arabia. Although golf is not as widely played in Africa, countries such as South Africa show potential for market growth. The increasing number of golf tournaments and events in the MEA region also contributes to the rising demand.

Leading Key Players in the Golf Rangefinder Industry:

Key players in the market are actively engaging in a range of strategic activities to strengthen their market position and address the evolving needs of golfers. These companies are heavily investing in research and development to introduce innovative features, such as enhanced GPS functionality, advanced laser technology, and integration of artificial intelligence for personalized course advice and performance tracking. Collaborations, mergers, and acquisitions are also prevalent strategies, enabling companies to expand their product portfolios and geographical reach. Furthermore, these players are focusing on digital marketing and online sales channels to capture the growing e-commerce market, while also maintaining a strong presence in traditional retail outlets. Brand endorsements and sponsorships with professional golfers and tournaments remain key marketing tactics to enhance brand visibility and credibility.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Bushnell Corporation (Vista Outdoor Inc.)

Garmin Ltd.

Laser Link Golf

Leica Camera AG

Leupold & Stevens Inc.

Nikon Corporation

Precision Pro Golf

SkyHawke Technologies LLC (SkyGolf)

Topgolf Callaway Brands Corp.

Wosports

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

November 22, 2023: Bushnell Corporation (Vista Outdoor Inc.) announced that it has obtained an unsolicited proposal from Colt CZ Group SE ("Colt CZ"), which calls for the combination of Colt CZ and Vista Outdoor in a deal that would be attributed to Colt CZ in the form of cash and stock.

October 31, 2023: Leica Camera AG introduced the M11-P, the world's first camera with integrated Content Credentials.

July 26, 2023: Garmin Ltd. announced the opening of the Firstbeat Analytics Lab in Jyvaskyla, Finland. This brand-new, cutting-edge research and testing facility is stocked with specially made exercise equipment, instrumentation systems, and exclusive monitoring technology, all of which will be used by data scientists and Garmin physiologists to develop even more cutting-edge features for cycling computers, smartwatches, and advanced wellness products.

Key Questions Answered in This Report

• 1. How big is the global golf rangefinder market?
• 2. What is the expected growth rate of the global golf rangefinder market during 2024-2032?
• 3. What are the key factors driving the global golf rangefinder market?
• 4. What has been the impact of COVID-19 on the global golf rangefinder market?
• 5. What is the breakup of the global golf rangefinder market based on the product?
• 6. What is the breakup of the global golf rangefinder market based on the distribution channel?
• 7. What is the breakup of the global golf rangefinder market based on the application?
• 8. What are the key regions in the global golf rangefinder market?
• 9. Who are the key players/companies in the global golf rangefinder market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Golf Rangefinder Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Product

• 6.1 Laser
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 GPS
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Distribution Channel

• 7.1 Offline
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Online
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Application

• 8.1 Professional Players
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Amateurs
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 Drivers, Restraints, and Opportunities

• 10.1 Overview
• 10.2 Drivers
• 10.3 Restraints
• 10.4 Opportunities

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Bushnell Corporation (Vista Outdoor Inc.)
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
  • 14.3.2 Garmin Ltd.
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 Financials
    • 14.3.2.4 SWOT Analysis
  • 14.3.3 Laser Link Golf
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
  • 14.3.4 Leica Camera AG
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
  • 14.3.5 Leupold & Stevens Inc.
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
  • 14.3.6 Nikon Corporation
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
    • 14.3.6.3 Financials
    • 14.3.6.4 SWOT Analysis
  • 14.3.7 Precision Pro Golf
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
  • 14.3.8 SkyHawke Technologies LLC (SkyGolf)
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Topgolf Callaway Brands Corp.
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
    • 14.3.9.3 Financials
    • 14.3.9.4 SWOT Analysis
  • 14.3.10 Wosports
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio