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A golf rangefinder is a handheld device that uses different technologies to track the distance between the club and the flag. It is mostly used with a camera or a gun. The two types of rangefinders are laser golf rangefinders (uses laser beam technology) and GPS golf rangefinders (uses GPS technology).
The approval of DMDs in golf tournaments will have a positive impact on the market’s growth during the next few years. To enhance the experience of the game, the golf-governing bodies have allowed the use of DMDs if the local community rules allow it. This rule defined by local committees on the use of DMDs allows the limited use of laser and GPS rangefinders on smartphones. However, the devices are limited to be used only for measuring the distance but not slope, wind speed, or club recommendations, in turn, creating several business opportunities for golf equipment manufacturers. This, in turn, driving the need for golf distance finders market and laser golf rangefinders market.
Market Analysis and Insights: Global Golf Rangefinder Market
The global Golf Rangefinder market was valued at US$ 97.8 in 2020 and will reach US$ 143.5 million by the end of 2027, growing at a CAGR of 6.6% during 2022-2027.
Global Golf Rangefinder Scope and Market Size
The global Golf Rangefinder market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Golf Rangefinder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Laser Golf Rangefinders
GPS Golf Rangefinders
Segment by Application
Professional Players
Amateurs
The Golf Rangefinder market is analysed and market size information is provided by regions (countries). Segment by Application, the Golf Rangefinder market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Bushnell Outdoor Products
Callaway Golf Company
Nikon
SkyHawke Technologies
ZEISS International
The approval of DMDs in golf tournaments will have a positive impact on the market’s growth during the next few years. To enhance the experience of the game, the golf-governing bodies have allowed the use of DMDs if the local community rules allow it. This rule defined by local committees on the use of DMDs allows the limited use of laser and GPS rangefinders on smartphones. However, the devices are limited to be used only for measuring the distance but not slope, wind speed, or club recommendations, in turn, creating several business opportunities for golf equipment manufacturers. This, in turn, driving the need for golf distance finders market and laser golf rangefinders market.
Market Analysis and Insights: Global Golf Rangefinder Market
The global Golf Rangefinder market was valued at US$ 97.8 in 2020 and will reach US$ 143.5 million by the end of 2027, growing at a CAGR of 6.6% during 2022-2027.
Global Golf Rangefinder Scope and Market Size
The global Golf Rangefinder market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Golf Rangefinder market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Laser Golf Rangefinders
GPS Golf Rangefinders
Segment by Application
Professional Players
Amateurs
The Golf Rangefinder market is analysed and market size information is provided by regions (countries). Segment by Application, the Golf Rangefinder market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Bushnell Outdoor Products
Callaway Golf Company
Nikon
SkyHawke Technologies
ZEISS International
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
