PUBLISHER: Orion Market Research | PRODUCT CODE: 1215564
PUBLISHER: Orion Market Research | PRODUCT CODE: 1215564
Title:Global Tennis Ball Machine Market Size, Share & Trends Analysis Report By Type (Portable Machines and Heavy Machines), By Mode (Electric and Battery Powered), and By End-User (Sports Clubs, Schools and Colleges, and Individual) Forecast Period (2022-2028).
The global tennis ball machine market is anticipated to grow at a substantial CAGR of 5.8% during the forecast period. The key factor that is contributing towards the growth of the global tennis ball machine market is the technological advancement in sports sector. Manufacturers are producing technologically advanced products equipped with new technologies such as artificial intelligence and IoT (Internet of things) to further digitalize these machines along with new features and sensors. Integration of smart technologies in these machines and continuous product innovations are expected to support industry growth. For instance, Tennibot, Inc offers Tennibot, the autonomous robot that saves players and coaches valuable practice time while avoiding the tedium of chasing tennis balls. Tennibot is a robotic or autonomous solution that can pick up balls while players are playing. The machine is integrated with computer vision and artificial intelligence to save tennis players, coaches and tennis clubs.
The global tennis ball machine market is segmented on the basis of type, power, and end-user. Based on type, the market is segmented into portable machines and heavy machines. Based on mode, the market is segmented into electric, and battery powered. Among these, battery powered machines are likely to show notable growth in the market during the forecast period. Battery powered tennis ball machines are heavily used because of their portability and ease of use. Battery-operated machines are easier to carry around, as they aren't as bulky or heavy and offer a long time on a single charge which makes it more preferred among uses as compared to electrically powered machines. Based on the end-users, the market is segmented into sports clubs, schools and colleges, and individual.
Geographically market is segmented into: North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is projected to exhibit significant growth in the global market during the forecast period. The region is demonstrating worthwhile development in the market due to the rising penetration of tennis, expanding learning identified with the tennis amusement, which in turn, is propelling the market growth in Asia-Pacific.
The major companies serving the global Tennis Ball Machine market include Playmate, Dongguan Siboasi Sports Goods Technology Co., Ltd., Ace Attack, LLC, Spinshot Sports, Lobster Sports, Inc., and Match Mate Tennis, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In 2021, Slinger announced the launch of its Slinger Bag brand into the Macau market. The company has agreed a five-year distribution partnership with Tennis Bot Pte Ltd. Under the terms of the new partnership, Tennis Bot will be the exclusive distributor of the Slinger Bag ball launcher tennis product in Macau.
Research Methodology
The market study of the global tennis ball machine market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives as possible, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: