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Wakeboarding Equipment Market to Grow by 12% in 2020, Airhead Sports Group and Boardriders Inc. Emerge as Key Contributors to Growth | Technavio


Technavio has been monitoring the global wakeboarding equipment market and it is poised to grow by USD 1.14 billion during 2020-2024, progressing at a CAGR of almost 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19

Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low on the wakeboarding equipment market. The market growth in 2020 is likely to compared to the market growth in 2019.

Frequently Asked Questions:

The market in North America is expected to grow by 53% during the forecast period.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Airhead Sports Group, Boardriders Inc., BuyWake.com, Connelly Skis LLC, Dongguan Yongsheng Lifesaving Equipment Co. Ltd., HO SPORTS COMPANY LLC, Motion Sports LLC, RAVE Sports, Ronix Wakeboards, and Slingshot Sports LLC are some of the major market participants. The growing popularity and subsequent adoption of wakeboarding will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this wakeboarding equipment market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Wakeboarding Equipment Market 2020-2024: Segmentation

Wakeboarding Equipment Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR44753

Wakeboarding Equipment Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The wakeboarding equipment market report covers the following areas:

This study identifies the increase in the demand for eco-friendly wakeboarding equipment as one of the prime reasons driving the Wakeboarding Equipment Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Wakeboarding Equipment Market 2020-2024: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by Distribution channel

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


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News published on 23 october 2020 at 19:05 and distributed by: