Global Fencing Equipment Market 2016-2020
Fencing is a sport in which two competitors fight using rapier-style swords that are called weapons; each competitor earns points by making contact with his or her opponent. To win, the participants have to score 15 points (in the case of elimination matches) or five points (in the case of preliminary matches) before their opponents.
Technavio’s analysts forecast the global fencing equipment market to grow at a CAGR of 1.56% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global fencing equipment market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of the fencing equipment to the individual consumers in the market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Fencing Equipment Market 2016-2020
Technavio recognizes the following companies as the key players in the global fencing equipment market: Absolute Fencing Gear, Blue Gauntlet Fencing, Leon Paul, and PBT Fencing.
Other Prominent Vendors in the market are: AllStar Fencing (US) Limited, Alliance Fencing Equipment, American Fencers Supply, Blade Fencing Equipment, Fencing Armor, Triplette Competition Arms, and Victory Fencing Gear.
Commenting on the report, an analyst from Technavio’s team said: “The introduction and use of fencing robots is a new trend in the market. Fencers can train, warm-up, and prepare for competitions using these robots. Although many different versions of mannequins, dummies, stationary, and semi-positional moving human-like objects that help replicate sparring partners are available in the global market, robotic fencing machines are the most notable and useful ones.”
According to the report, multiple aids of fencing will be a key driver for market growth. Fencing benefits people in many different ways. The benefits primarily depend on the dedication of the learners. People who do not like participating in team games may enjoy fencing as it is an individual sport. Some individuals enjoy the aesthetic delight of performing and perfecting the disciplined movements appropriately and study the theory of fencing as pure recreation.
Further, the report states that as the cost of some of the fencing equipment is relatively high, many budding fencers are purchasing used gear at a reduced cost. These gear are available to the fencers at half the original rates. Thus, their demand is rising, adversely affecting the demand for new fencing gear and posing a challenge to the vendors of new fencing equipment.
Absolute Fencing Gear, Blue Gauntlet Fencing, Leon Paul, PBT Fencing, AllStar Fencing (US) Limited, Alliance Fencing Equipment, American Fencers Supply, Blade Fencing Equipment, Fencing Armor, Triplette Competition Arms, Victory Fencing Gear.