PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1355698
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1355698
Global Cricket Bowling Machine Market is valued at approximately USD 462.92 million in 2022 and is anticipated to grow with a healthy growth rate of more than 2.60% over the forecast period 2023-2030. A cricket bowling machine is a mechanical device used in cricket practice sessions to simulate the action of a bowler by delivering cricket balls at various speeds, angles, and lengths. It allows batsmen to train and improve their batting skills by facing consistent and repeatable deliveries. The Cricket Bowling Machine Market is expanding because of factors such as increasing number of crickets matches and rise in popularity of outdoor sports. Some advanced machines also offer variations in spin, swing, and seam movement to simulate different bowling styles. its importance has progressively increased during the forecast period 2023-2030.
According to Statista, the market size of the sports industry across India was about USD 1.15 billion in 2021. In addition, Cricket accounted for most of the television viewership in the sports genre across India with 79% viewership during the same year. Another importance factor drives the Cricket Bowling Machine market is rise in popularity of outdoor sports. As there are numerous other activities that people can enjoy outdoors, such as kayaking, canoeing, skiing, snowboarding, beach volleyball, and many more. The choice of outdoor sports depends on personal interests, location, and access to suitable facilities. In addition, as per Statista, Running was the most popular outdoor exercise in the United States in 2021, with more than 64 million participants followed by Hiking with around 58 million participants during the same year. Moreover, rapid urbanization and rise in investments in sports gear and machines is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, the high cost of Cricket Bowling Machines stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Cricket Bowling Machine Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the increased popularity and rise in cricket tournaments within the region. According to Statista, in 2021, media spending on sports in India total accounts more than USD 0.73 billion. Cricket was the largest contributor to media spending accounting for two-thirds of the total sports market in India. Furthermore, Europe is expected to grow significantly during the forecast period, owing to factors such as rise in the popularity of the sport among the youth population in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable