North America Dominates the Golf Simulator Market

The market growth is attributed to an increase in the number of golf participation across the world leading to an increasing number of golf facilities centers and the emergence of GPS based devices that help professional golfers that provide accurate insights for the 18-hole or 9-hole courses. Moreover, integration of the golf simulators with virtual reality technology is anticipated to be a better prospect during the forecast period. Moreover, high installation costs coupled with the limited number of avid golfers across the globe is hindering the growth of the market.

The golf simulators market was valued USD 1,229 million in 2019 and is expected to grow with a CAGR of 8.3%.

Key Highlights

  • By Region, North America accounted for the largest market share of 54%, followed by Europe, Asia-Pacific, South America, and the Middle East and Africa  
  • The simulator system segment held the lion’s share in 2019 and is expected to dominate the market during the forecast period  
  • The portable segment held the largest market share in 2019 and is expected to dominate the market during the forecast period
  • The indoor segment holds the largest market share of more than 60% on account of the increasing adoption of indoor portable golf simulators
  • The commercial space segment accounted for more than 50% of the market share in 2019.

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Golf Simulators Market?

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Key Players

  • Vgolf
  • IST High Definition Golf
  • Fullswing
  • TruGolf
  • Bogolf
  • SkyTrak
  • Uneekor
  • Foresight Sports
  • Optishot
  • Golf Advanced Golf Simulators LLC
  • TrackMan

Golf Simulators Market Segmentation

By Offering

  • Simulator System
  • Simulator Services
  • Simulator Software

By Product Type

  • Portable
  • Free-Standing
  • Built-in

By Installation

  • Indoor
  • Outdoor

By End-Use/Application

  • Commercial Space
  • Corporate Events
  • College and Universities
  • Residential

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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