Global Golf Rangefinder Market 2016-2020 - Rise in Disposable Income - Research and Markets

Jul 04, 2016, 10:10 ET from Research and Markets

DUBLIN, July 4, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Golf Rangefinder Market 2016-2020" report to their offering. 

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The global golf rangefinder market is set to grow at a CAGR of 4.37% during the period 2016-2020. 

The growth in urbanization and the rise in the number of dual-earning households have led to an increase in disposable income and the purchasing power of people. This has enabled individuals to pursue leisurely activities and sports of their choice regardless of the expenses. The increase in disposable income has also increased the participation rate of golf and, in turn, the average spending on golf rangefinders. 

The penetration of golf rangefinders in developing countries is increasing with the increasing popularity of the game in these countries. Improved living standards, increased interest in golf, and enhancement of sports facilities are some of the factors driving the popularity of the game in developing countries. 

According to the report, growth in urbanization and an increase in the number of dual-earning households have led to an increase in disposable income worldwide. The rise in the number of dual-earning households has resulted in an increase in the overall household income, allowing people to spend more on luxury sports and services. In developing countries, the per capita disposable income has stabilized, driven by an increase in the percentage of working women. 

Further, the report states that reduced participation in the sport, changes in lifestyles, rising interest in other sports, and the increased habit of saving among consumers post the global economic crisis have led to the decline in the capital investments in golf in the developed regions. 

Key vendors: 

  • Bushnell Golf
  • Callaway
  • Nikon
  • SkyGolf

Key Topics Covered: 

PART 01: Executive summary 

PART 02: Scope of the report 

PART 03: Market research methodology 

PART 04: Introduction 

PART 05: Golf industry: An overview 

PART 06: Market Landscape

PART 07: Market segmentation by product 

PART 08: Geographical segmentation 

PART 09: Market drivers 

PART 10: Impact of drivers 

PART 11: Market challenges 

PART 12: Impact of drivers and challenges 

PART 13: Market trends 

PART 14: Vendor landscape 

PART 15: Key vendor analysis 

For more information visit

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SOURCE Research and Markets