Crossbows Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
20556 | Date :
Jan, 2023 | Pages :
186 | Region : Global |
Publisher : RI
This report studies the crossbows market. Crossbow is a medieval weapon consisting of a bow fixed transversely on a stock having a trigger mechanism to release the bowstring, and often incorporating or accompanied by a mechanism for bending the bow. Crossbows are primarily used for hunting and target shooting.
North America is the dominate consumer of Crossbows, the sales volume was 250.2 K Units in 2016, accounting for about 36.52% of the total amount, followed by Europe, with the sales market share of 28.67%. And North America and Europe are expected to remain the leading position in the forecast period.
At present, in the foreign industrial developed countries the Crossbows industry is generally at a more advanced level, the world's large enterprises are mainly concentrated in the developed countries, accounted for most of the international market share. Meanwhile, these companies have more advanced equipment, strong R&D capabilities; the technical level is in a leading position. But foreign companies\' manufacturing cost is relatively high, compared with Chinese companies, the manufacturing cost is competitive disadvantage, as the Chinese Crossbows production enterprise technology continues to improve, their share in the international market is increasing, competitiveness in the international market gradually increase. Leading players in Crossbows industry are Bowtech, TenPoint Crossbow Technologies, Barnett Crossbows, Crosman and PSE Archery. Bowtech is the largest manufacturer, with the sales market share of 24.86% in 2016. The top five companies occupied about 53.58% sales share of the market in 2016.
The Global Crossbows Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
In the global Crossbows Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Bowtech
TenPoint Crossbow Technologies
Barnett Crossbows
Crosman
PSE Archery
Mathews
Parker Bows
Darton Archery
Eastman Outdoors
EK Archery
Armex Archery
Man Kung
Poe Lang
Sanlida
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Recurve Crossbow
Compound Crossbow
Others In Market segmentation by applications :
Hunting
Target Shooting
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Crossbows Market for the forecast period 2023 - 2030?
• What are the driving forces in the Crossbows Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Crossbows industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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