Global Baseball Equipment Market Research Report 2017: Industry Expected to Reach Roughly US$ 1,200 Mn by 2022-end

ROCKVILLE, US, 2018-Apr-20 — /EPR Network/ —

Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. “Baseball Equipment Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026” Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global baseball equipment market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the forecast period.

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According to a recent Fact.MR report, a modest CAGR has been projected for the global baseball equipment market in the forecast period, 2017 to 2026. Approximately US$ 1,200 Mn worth of baseball equipment are anticipated to be sold across the globe by 2026-end.

As baseball is a sport where even an inch of distinction in its equipment can have significant impacts, several clubs and players are eyeing upon grabbing these inches. An example of this is the advent of the combination of radar gun, stopwatch and video camera for facilitating evaluation of prospective players by recording and capturing their speed. This and several other tracking technologies being introduced are likely to propel growth of the baseball equipment market. Introduction of many new baseball tournaments has emerged as a key trend proliferating participation in this sport. The focus of these tournaments is directed toward enhancing popularity of the sport worldwide, in turn creating high demand for baseball equipment. Since the recent past, many innovations have been observed in baseball equipment, especially in gloves and bats. One of the best examples of this is introduction of a heavier balanced baseball bat incorporated with an interior rigid & hard aluminum barrel coupled with compressible polymer sleeve. Such bats will enhance performance of the players by enabling more contact between the barrel area and the ball, thereby improving ball rotation, and crosswire full energy transfer.

North America to Dominate Global Baseball Equipment Market

In North America, participation in baseball has been surging significantly in light of option available to youth for selecting baseball as a professional career. A large number of individuals have depicted high interest in baseball since the recent past in the region, which in turn has driven demand for baseball equipment. North America has been slated by the report to remain the fast-expanding as well as the largest market for baseball equipment.

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Among products available in the baseball equipment market, bat is expected to retain its dominance with a revenue share of approximately 66% during 2017 and 2026. The rise in wages of baseball players in tandem with surging popularity of the sport has been driving demand for baseball bat. Baseball bats manufactured by using wood are expected to remain preferred among players.

Competition Tracking

A few major vendors hold dominance in the global market for baseball equipment. Albeit there are only few leading vendors, nature of the market is highly fragmented on the back of the occupancy of many local and regional vendors. Competition among players in the global baseball equipment market is likely to intensify, which in turn will drive manufacturers to introduce advanced products in the foreseeable future. Key players sustaining expansion of the market, as identified by the report, include Easton, Mizuno, Rawlings (Jarden), Wilson (Amer Sports), Louisville Slugger, Nokona, Zett, SSK, Under Armour, and Nike.

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