DUBLIN, July 4, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Golf Rangefinder Market 2016-2020" report to their offering.
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.
- Bushnell Golf
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 http://www.researchandmarkets.com/research/sxmhbs/global_golf
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SOURCE Research and Markets