Sport Protection Equipment Market Scope
Some of the sports require proper protective equipment, that is it is already advisable for the players to use this equipment to protect themselves against injury. Some of the forms of protective equipment included of foam padding around goal posts and practice equipment like tackle suits, crash pads and tackle bags in the rugby codes as well as some of the personal protective equipment are mouth guards. Protective equipment is personally designed to protect properly against dangerous injury. For to be beneficial to the players, personal protective equipment must provide the protection intended, which is to be fit well, be comfortable and not interrupt with any of the activities in the particular sport i.e. it should not restrict during the movement
According to AMA, the Global Sport Protection Equipment market is expected to see growth rate of 4.2%
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Sport Protection Equipment market throughout the predicted period.
Adidas Ag (Germany), 2nd Skull (United States), Nike Inc. (United States), Under Armour, Inc. (United States), Puma SE (Germany), Amer Sports Corporation (Finland), Asics Corporation (Japan), Vista Outdoor (United States), Warrior Sports (United States), BRG Sports (United States), Xenith (United States) and Shock Doctor (Bregal Partners) (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Dick’s Sporting Goods (United States), Franklin Sports (United States) and Mizuno Corporation (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Sport Protection Equipment market by Type (Helmet, Protective Eyewear, Face Protection, Protective Pads, Protective Footwear, Protective Guards and Gloves), by Application (Leisure and Entertainment and Professional Sports) and Region with country level break-up.
On the basis of geography, the market of Sport Protection Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
NIKE, Inc. today announced it has acquired Invertex Ltd., a leading computer vision firm based in Tel Aviv, Israel, as it continues to strengthen its digital technology platforms. The talented team will focus on building groundbreaking innovations to help Nike serve millions of members around the globe
2nd Skull, a company that creates protective skull caps for tough contact sports such as football and rugby, has received USD 100,000 in funding from the NFL as part of HeadHealthTECH Challenge II
Market Trend
- Online retailing of sport protection equipment
Market Drivers
- Prominence of sports events at national and international level
- Growing sports activities participation
- Rising awareness related to health and fitness
Opportunities
- Online retailing is creating a major boom in the consumer product market
- In emerging economies there is rising disposable income
Restraints
- Availability of low-priced products as an substitute
- High prices associated with the protective equipment
Challenges
- Low awareness related to the sports protective equipment for non players
Key Target Audience
Manufacturers of sports protective equipment, Suppliers and distributors, End consumers, Industry associations and experts, Research organisations and consulting companies, Industry associations and Market research firms