Dublin, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/lqwhbs/global_archery) has announced the addition of the "Global Archery Equipment Market 2016-2020" report to their offering.
The global archery equipment market to grow at a CAGR of 6.91% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global archery equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of different types of archery equipment. The report also includes a discussion of the key vendors operating in this market.
The global archery equipment market is growing across the globe. In 2015, North America led the market with a 38.04% market share. It was followed by Europe and APAC. The market generated its revenue from the sale of different archery equipment.
In 2015, North America dominated the global archery equipment market. This trend is expected to continue during the forecast period, with Europe and APAC close behind. Also, technological product innovations have increased substantially, giving the global archery equipment market a favorable future forecast.
The global archery equipment market shows immense potential to grow during the forecast period because of the presence of certain positive trends. One such major trend is the growing use of carbon nanotechnology archery equipment.
According to the report, the global archery equipment market is driven by many factors. The Archery Trade Association (ATA) Trade Show is one of the major drivers. The influence of the media, especially movies and the broadcasting of archery in Olympic sports, has also increased the demand for archery equipment worldwide.
Further, the report states that the global archery equipment market is confronted by some challenges, particularly the availability of counterfeit products. This is affecting the revenue and brand reputation of many leading vendors.
The report includes the following products:
- Bows and bow accessories
- Arrows
- Others (protective gear, quivers, targets, sights and optics, stabilizers, rests, and releases and aids)
Key vendors:
- Bear Archery
- Gold Tip
- Mathews
- New Archery Products
- Precision Shooting Equipment (PSE)
Other prominent vendors:
- Alpine
- Axion Archery
- The Bohning Company
- Carbon Tech
- Copper John
- Easton Archery
- Field Logic
- HHA Sports
- Hoyt Archery
- Kinsey's Archery Products
- Martin Archery
- Parker Bows
- Rage Broadheads
- Speciality Archery
- Trophy Ridge
- Win & Win
Key Topics Covered:
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product
- Global bows and bow accessories market
- Global arrows market
- Global other archery equipment market
PART 07: Market segmentation by retail format
PART 08: Geographical segmentation
- Archery equipment market in North America
- Archery equipment market in Europe
- Archery equipment market in APAC
- Archery equipment market in ROW
PART 09: Key leading countries
- US
- South Korea
- UK
- Japan
PART 10: Market drivers
- ATA trade shows
- Influence of media
- Increased interest in adventure sports
- Growing number of women archers
PART 11: Impact of drivers
PART 12: Market challenges
- Availability of counterfeit products
- Relatively expensive equipment
- Hunting restrictions
PART 13: Impact of drivers and challenges
PART 14: Market trends
- Increased usage of carbon nanotechnology
- Innovation in archery equipment
- Increasing popularity of bowhunting
- Growth in online retail
PART 15: Vendor landscape
- Competitive scenario
- Key Vendors 2015
- Bear Archery
- Gold Tip
- Mathews
- New Archery Products
- Precision Shooting Equipment (PSE)
- Other prominent vendors
PART 16: Appendix
For more information visit http://www.researchandmarkets.com/research/lqwhbs/global_archery