Golf GPS Equipment Market size was valued at USD 250 Million in 2024 and is forecasted to grow at a CAGR of 7.3% from 2026 to 2033, reaching USD 450 Million by 2033.
The global Golf GPS Equipment Market was valued at USD 1.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. The increasing adoption of GPS technology in golf courses for improving performance and providing accurate course data has driven the market growth. Furthermore, the integration of advanced features like real time shot tracking and course mapping has enhanced the demand for these devices across various regions. The growth is expected to be fueled by rising consumer interest in golf related fitness and sports tracking technologies, particularly in the North American and European regions. The Asia Pacific region is also witnessing increasing penetration of golf GPS equipment due to the rising popularity of golf in countries like Japan, South Korea, and China.
In terms of regional analysis, North America held the largest market share in 2022, accounting for approximately 40% of the global revenue. This dominance is attributed to the widespread use of golf GPS devices across the United States and Canada, with a significant number of golf courses adopting these technologies. The European market is expected to grow steadily, driven by strong golf tourism and technological advancements. The Asia Pacific region is anticipated to experience the fastest growth during the forecast period, with a projected CAGR of 9.2%, due to the increasing number of golf enthusiasts and improving golf infrastructure in emerging economies. Other regions, including Latin America and the Middle East, are also poised for gradual market expansion due to rising disposable incomes and increasing interest in the sport.
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Garmin
Bushnell
GolfBuddy
Callaway Golf
TomTom
SkyHawke Technologies
Izzo Golf
Game Golf
Sonocaddie
Celestron
ScoreBand
Precision Pro Golf
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Golf GPS Equipment Market
Handheld GPS Devices
Wearable GPS Watches
Smartphone Applications
Golf Rangefinders
Integrated GPS Equipment (in golf clubs)
GPS (Global Positioning System)
GNSS (Global Navigation Satellite System)
Bluetooth Connectivity
Wi-Fi Enabled Devices
Cellular Network Integration
Course Mapping
Shot Tracking
Distance Measuring
Interactive Scorecards
Weather Updates
Professional Golfers
Amateur Golfers
Golf Coaches and Trainers
Golf Course Owners and Managers
Leisure Golfers
Entry-Level (Under $100)
Mid-Range ($100 - $300)
Premium ($300 - $500)
Luxury (Above $500)
Subscription Models (Monthly/Annual Fees)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Golf GPS Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Golf GPS Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Golf GPS Equipment Market, By Type
6. Global Golf GPS Equipment Market, By Application
7. Global Golf GPS Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Golf GPS Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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