GITNUX MARKETDATA REPORT 2024
Golf Simulator Industry Statistics
The golf simulator industry is poised for significant growth, driven by increasing interest in golf, advancements in technology, and the ability to offer a realistic golfing experience in indoor settings.
In this post, we will explore the latest statistics and trends shaping the global golf simulator industry. From the market valuation and growth projections to key industry players and regional market dominance, we uncover crucial insights that shed light on the evolving landscape of golf simulators worldwide.
Statistic 1
"The global golf simulator market was valued at $26.8 million in 2018."
Statistic 2
"The golf simulator market is projected to reach USD $51.3 million by 2027."
Statistic 3
"The golf simulator market is expected to expand at a CAGR of 5.4% from 2020 to 2027."
Statistic 4
"On the basis of installation, the residential application segment led the market and accounted for over 56% share of the total revenue in 2019."
Statistic 5
"North America dominated the golf simulator market with a share of 34.6% in 2019."
Statistic 6
"Asia Pacific is expected to exhibit the highest CAGR of 6.5% from 2020 to 2027"
Statistic 7
"Full Swing Golf Inc and Foresight Sports are among the key industry participants, accounting for a significant share of the global market in 2019."
Statistic 8
"Simulator segment is projected to expand at the fastest CAGR of 5.8% from 2020 to 2027."
Statistic 9
"Indoor golf simulator market is expected to grow at a CAGR of 10.1% during the forecast period (2020-2025)."
Statistic 10
"Online golf simulator market size is projected to reach USD 2912.6 Million by 2026, from USD 1839.7 Million in 2020."
Statistic 11
"About 21% of the market size in 2018 came from the Europe region."
Statistic 12
"The market for golf simulation in Asia is projected to grow by 8.4% up until 2027."
Statistic 13
"The golf simulator market in US is to grow at a CAGR of 14.2% between 2020-2025."
Statistic 14
"The golf simulator market in Canada is to grow by 13.4% CAGR during 2020-2025."
Statistic 15
"Global residential segment is expected to reach USD 21.0 million by 2027."
Statistic 16
"The commercial segment accounted for a share of 41.3% in 2019 on an installation basis."
Statistic 17
"According to Mike Jakob, the president and CEO of aboutGolf, there are about 50,000 golf simulator owners in the US."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
