Pole Vault Equipment Market Provides an In-Depth Insight of Sales and Trends, Forecast 2018 to 2028

Posted on 2019-08-12 by Mark Hub in Industrial // 0 Comments

The pole vault equipment market has been witnessing a considerable shift from conventional distribution channel towards direct to customer sales channel, given its benefit of building strong relationship between manufacturers and customers with respect to brand image. Moreover, direct to customer sales channel allows companies to gain customer data that can be used to enhance business development and build long term relationship with customers.

Apart from direct to consumer sales channel, sales of pole vault equipment through sports variety stores channel are likely to remain resurgent with significant volume flowing through this distribution network during the period of forecast, 2018-2028. According to Fact.MR, the pole vault equipment market is projected to expand at a meek pace during the period of assessment with sales of pole vault equipment largely concentrated in the developed countries.

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Pole Vault Equipment Market: Inflatable Pole Vault Pit – A Novelty

Private clubs, colleges and schools are key end users of pole vault equipment, including pole vault pits. Manufacturers of pole vault equipment are striving to cater to growing demands of these end users by enhancing their production capacities and developing enhanced pole vault equipment. Besides developments in material of pole vault equipment, manufacturers have come up with inflatable pole vault pits that facilitate uniqueness in landing system. The inflatable pole vault pits resolve the issue of using traditional foam. Moreover, they also provide vaulters with flexible landing system as well as enhance their results. In addition, inflatable pole vault pit can be stored in any metal container in any weather. This feature of performance enhancement coupled with safety is likely to raise the demand for inflatable pole vault pits, in turn pushing the growth of the pole vault equipment market in the years to follow.

Pole Vault Equipment Market: Catastrophic Injuries to Confine Growth

Pole vault equipment market is largely impacted with the injuries associated with the sport, with the decreasing participation in pole vaulting. It is considered as the third most difficult sport across the globe with the risk of injuries increasing with increase in height. With height with 20 feet or over, vaulters are exposed to increased risk of physical damage such as ligament tear and bone damage. Specifically occurring during training sessions, such damages have induced a sense of reluctance among athletes to pursue the sport, in turn negatively impacting the demand for pole vault equipment. Moreover, in some cases injuries occur due to cracking of poles leading to severe physical damages. The physically demanding and highly challenging nature of pole vault sport is expected to impede the growth of the pole vault equipment market during the assessment period.

World record height achieved in pole vaulting can be associated with the change in material used in developing vaulting poles. The manufacturers of pole vault equipment are focusing on developing poles made of GFRP (Glass Fiber Reinforced Polymer) composites. Being lighter in weight, GFRP poles provide a faster run-up that leads to a greater take off as a large amount of kinetic energy gets converted into potential energy. Moreover, as compared to bamboo, GFRP poles reflect higher failure stress due to which an increase in bending angle becomes possible without pole breakage. In addition, manufacturers of pole vault equipment are also carbon fiber reinforced composites that allows further reduction in weight with enhanced strength. This factor is expected to auger well for the growth of the global pole vault equipment market during the assessment period.

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