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Global Golf Launch Monitor Market Research Report - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2033)

Published Aug 13, 2025
Length 205 Pages
SKU # LOOK20514488

Description

Definition and Scope:

A Golf Launch Monitor is an electronic device that measures aspects that happen to a golf ball when it’s being struck by a golf club. Its main function is to measure some of the action parameters of your swing, and to perform some quantitative analysis of your swing through some complex calculations, such as swing speed, ball speed, and so on. Golf Launch Monitors can provide data that you just can’t find anywhere else, and as you already know that in today’s world, data is a huge part of improving your game as a golfer.

The global Golf Launch Monitor market size is projected to reach US$ 301.00 Million by 2028, from US$ 221.13 million in 2021, at a CAGR of 4.49% during 2022-2028. The rapid development of the global golf game is a key factor driving the growth of the golf launch monitor market. With the rapid improvement of people's health awareness, in order to avoid crowded places, more and more people choose to conduct physical exercise and business negotiations in golf courses with quiet environment, good air and few people. According to the latest research data from The R&A and Sports Marketing Survey (SMS), during the five years from 2016 to 2021, there will be more than 5.5 million new golfers around the world, and the total number of golfers will reach 66.6 million, a new high. Amidst this, a growing number of women and millennials are getting involved in golf. Overall, the high growth in the number of golf participants has spawned the demand for golf launch monitors.

In addition, development and expansion of new golf courses and government support are also important factors driving the market. Globally, with 540 new golf course projects in various stages of active construction or advanced planning in 96 countries, golf continues to grow, according to the NGF report. On the other hand, governments of various countries are promoting golf resorts to local and international tourists, generating additional foreign exchange through the development of golf tourism, thereby promoting economic development.

In addition, golf players' needs for accurate data monitoring, and the development and use of new technologies by manufacturers have also played an important role in promoting the development of the market.

Meanwhile, the negative impact of COVID-19, rising product costs, and low awareness of participation in some regions have hindered the golf launch monitor market to some extent.

Segment by Type, the Golf Launch Monitor can be split into Personal-Grade Launch Monitor, Professional-Grade Launch Monitor, etc. In 2021, the market size of Professional-Grade Launch Monitor type is leading the market with a higher share of 63.03%. But the market size of Personal-Grade Launch Monitor will grow at a higher CAGR of 5.07% during the forecast period of 2022-2028.

In terms of application scenarios, the golf launch monitor market can be divided into two major segments: Indoor and Outdoor. Outdoor currently dominates the entire market and has already captured 91.08% of the market in 2021. The indoor golf time is flexible, the transportation is convenient, the experience is fun and easy, and it gives people a healthy, fashionable and friendly social image. In the future, the market size of the Indoor sector will grow at a CAGR of 8.37%.

On basis of geography, the Golf Launch Monitor market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. North America will continue to lead the golf launch monitor market share, currently accounting for more than 60% . As most of the companies and key industry players of the sport are located in the United States, the North American region will witness an unprecedented boom in the industry. The largest sports equipment companies by share are located in the region and consumer demand is also prevalent. Therefore, North America will lead the market share and market growth.

In 2021, according to our calculations, the two indicators used to measure market concentration, CR5 and HHI, will be 70.64% and 10.98% respectively. This shows that the global golf surveillance transmitter market is currently not concentrated. The key players in the market include Foresight Sports, TrackMan, Full Swing Golf, SkyTrak, FlightScope, TruGolf, Ernest Sports, Garmin Approach, Rapsodo, Optishot, Uneekor, VOICE caddie.

This report offers a comprehensive analysis of the global Golf Launch Monitor market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.

Report Framework and Key Highlights:

Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.

Trend Analysis: Examination of ongoing and emerging trends impacting the market.

Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.

Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis

Market Segmentation: By type, application, region, and end-user industry.

Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.

This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:

Industry players

Investors

Researchers

Consultants

Business strategists

And all stakeholders with an interest or investment in the Golf Launch Monitor market.

Global Golf Launch Monitor Market: Segmentation Analysis and Strategic Insights

This section of the report provides an in-depth segmentation analysis of the global Golf Launch Monitor market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.

By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.

Global Golf Launch Monitor Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies Profiled

Foresight Sports

TrackMan

Full Swing Golf

SkyTrak

FlightScope

TruGolf

Ernest Sports

Garmin Approach

Rapsodo

Optishot

Uneekor

VOICE caddie

Market Segmentation by Type

Personal-Grade Launch Monitor

Professional-Grade Launch Monitor

Market Segmentation by Application

Indoor

Outdoor

Geographic Segmentation

North America: United States, Canada, Mexico

Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.

Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand

South America: Brazil, Argentina, Colombia.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA

Report Framework and Chapter Summary

Chapter 1: Report Scope and Market Definition

This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.

Chapter 2: Executive Summary

This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Golf Launch Monitor Market, highlighting its evolution over the short, medium, and long term.

Chapter 3: Market Dynamics and Policy Environment

This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.

Chapter 4: Competitive Landscape

This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.

Chapters 5–10: Regional Market Analysis

These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.

Chapter 11: Market Segmentation by Product Type

This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.

Chapter 12: Market Segmentation by Application

This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.

Chapter 13: Company Profiles

This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.

Chapter 14: Industry Chain and Value Chain Analysis

This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.

Chapter 15: Key Findings and Conclusions

The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.

Table of Contents

205 Pages
1 Introduction to Research & Analysis Reports
1.1 Golf Launch Monitor Market Definition
1.2 Golf Launch Monitor Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
2 Executive Summary
2.1 Global Golf Launch Monitor Market Size
2.2 Market Segmentation – by Type
2.3 Market Segmentation – by Application
2.4 Market Segmentation – by Geography
3 Key Market Trends, Opportunity, Drivers and Restraints
3.1 Key Takeway
3.2 Market Opportunities & Trends
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Major Factor Assessment
4 Global Golf Launch Monitor Market Competitive Landscape
4.1 Global Golf Launch Monitor Sales by Manufacturers (2020-2025)
4.2 Global Golf Launch Monitor Revenue Market Share by Manufacturers (2020-2025)
4.3 Golf Launch Monitor Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 New Entrant and Capacity Expansion Plans
4.5 Mergers & Acquisitions
5 Global Golf Launch Monitor Market by Region
5.1 Global Golf Launch Monitor Market Size by Region
5.1.1 Global Golf Launch Monitor Market Size by Region
5.1.2 Global Golf Launch Monitor Market Size Market Share by Region
5.2 Global Golf Launch Monitor Sales by Region
5.2.1 Global Golf Launch Monitor Sales by Region
5.2.2 Global Golf Launch Monitor Sales Market Share by Region
6 North America Market Overview
6.1 North America Golf Launch Monitor Market Size by Country
6.1.1 USA Market Overview
6.1.2 Canada Market Overview
6.1.3 Mexico Market Overview
6.2 North America Golf Launch Monitor Market Size by Type
6.3 North America Golf Launch Monitor Market Size by Application
6.4 Top Players in North America Golf Launch Monitor Market
7 Europe Market Overview
7.1 Europe Golf Launch Monitor Market Size by Country
7.1.1 Germany Market Overview
7.1.2 France Market Overview
7.1.3 U.K. Market Overview
7.1.4 Italy Market Overview
7.1.5 Spain Market Overview
7.1.6 Sweden Market Overview
7.1.7 Denmark Market Overview
7.1.8 Netherlands Market Overview
7.1.9 Switzerland Market Overview
7.1.10 Belgium Market Overview
7.1.11 Russia Market Overview
7.2 Europe Golf Launch Monitor Market Size by Type
7.3 Europe Golf Launch Monitor Market Size by Application
7.4 Top Players in Europe Golf Launch Monitor Market
8 Asia-Pacific Market Overview
8.1 Asia-Pacific Golf Launch Monitor Market Size by Country
8.1.1 China Market Overview
8.1.2 Japan Market Overview
8.1.3 South Korea Market Overview
8.1.4 India Market Overview
8.1.5 Australia Market Overview
8.1.6 Indonesia Market Overview
8.1.7 Malaysia Market Overview
8.1.8 Philippines Market Overview
8.1.9 Singapore Market Overview
8.1.10 Thailand Market Overview
8.1.11 Rest of APAC Market Overview
8.2 Asia-Pacific Golf Launch Monitor Market Size by Type
8.3 Asia-Pacific Golf Launch Monitor Market Size by Application
8.4 Top Players in Asia-Pacific Golf Launch Monitor Market
9 South America Market Overview
9.1 South America Golf Launch Monitor Market Size by Country
9.1.1 Brazil Market Overview
9.1.2 Argentina Market Overview
9.1.3 Columbia Market Overview
9.2 South America Golf Launch Monitor Market Size by Type
9.3 South America Golf Launch Monitor Market Size by Application
9.4 Top Players in South America Golf Launch Monitor Market
10 Middle East and Africa Market Overview
10.1 Middle East and Africa Golf Launch Monitor Market Size by Country
10.1.1 Saudi Arabia Market Overview
10.1.2 UAE Market Overview
10.1.3 Egypt Market Overview
10.1.4 Nigeria Market Overview
10.1.5 South Africa Market Overview
10.2 Middle East and Africa Golf Launch Monitor Market Size by Type
10.3 Middle East and Africa Golf Launch Monitor Market Size by Application
10.4 Top Players in Middle East and Africa Golf Launch Monitor Market
11 Golf Launch Monitor Market Segmentation by Type
11.1 Evaluation Matrix of Segment Market Development Potential (Type)
11.2 Global Golf Launch Monitor Sales Market Share by Type (2020-2033)
11.3 Global Golf Launch Monitor Market Size Market Share by Type (2020-2033)
11.4 Global Golf Launch Monitor Price by Type (2020-2033)
12 Golf Launch Monitor Market Segmentation by Application
12.1 Evaluation Matrix of Segment Market Development Potential (Application)
12.2 Global Golf Launch Monitor Market Sales by Application (2020-2033)
12.3 Global Golf Launch Monitor Market Size (M USD) by Application (2020-2033)
12.4 Global Golf Launch Monitor Sales Growth Rate by Application (2020-2033)
13 Company Profiles
13.1 Foresight Sports
13.1.1 Foresight Sports Company Overview
13.1.2 Foresight Sports Business Overview
13.1.3 Foresight Sports Golf Launch Monitor Major Product Offerings
13.1.4 Foresight Sports Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.1.5 Key News
13.2 TrackMan
13.2.1 TrackMan Company Overview
13.2.2 TrackMan Business Overview
13.2.3 TrackMan Golf Launch Monitor Major Product Offerings
13.2.4 TrackMan Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.2.5 Key News
13.3 Full Swing Golf
13.3.1 Full Swing Golf Company Overview
13.3.2 Full Swing Golf Business Overview
13.3.3 Full Swing Golf Golf Launch Monitor Major Product Offerings
13.3.4 Full Swing Golf Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.3.5 Key News
13.4 SkyTrak
13.4.1 SkyTrak Company Overview
13.4.2 SkyTrak Business Overview
13.4.3 SkyTrak Golf Launch Monitor Major Product Offerings
13.4.4 SkyTrak Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.4.5 Key News
13.5 FlightScope
13.5.1 FlightScope Company Overview
13.5.2 FlightScope Business Overview
13.5.3 FlightScope Golf Launch Monitor Major Product Offerings
13.5.4 FlightScope Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.5.5 Key News
13.6 TruGolf
13.6.1 TruGolf Company Overview
13.6.2 TruGolf Business Overview
13.6.3 TruGolf Golf Launch Monitor Major Product Offerings
13.6.4 TruGolf Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.6.5 Key News
13.7 Ernest Sports
13.7.1 Ernest Sports Company Overview
13.7.2 Ernest Sports Business Overview
13.7.3 Ernest Sports Golf Launch Monitor Major Product Offerings
13.7.4 Ernest Sports Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.7.5 Key News
13.8 Garmin Approach
13.8.1 Garmin Approach Company Overview
13.8.2 Garmin Approach Business Overview
13.8.3 Garmin Approach Golf Launch Monitor Major Product Offerings
13.8.4 Garmin Approach Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.8.5 Key News
13.9 Rapsodo
13.9.1 Rapsodo Company Overview
13.9.2 Rapsodo Business Overview
13.9.3 Rapsodo Golf Launch Monitor Major Product Offerings
13.9.4 Rapsodo Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.9.5 Key News
13.10 Optishot
13.10.1 Optishot Company Overview
13.10.2 Optishot Business Overview
13.10.3 Optishot Golf Launch Monitor Major Product Offerings
13.10.4 Optishot Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.10.5 Key News
13.11 Uneekor
13.11.1 Uneekor Company Overview
13.11.2 Uneekor Business Overview
13.11.3 Uneekor Golf Launch Monitor Major Product Offerings
13.11.4 Uneekor Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.11.5 Key News
13.12 VOICE caddie
13.12.1 VOICE caddie Company Overview
13.12.2 VOICE caddie Business Overview
13.12.3 VOICE caddie Golf Launch Monitor Major Product Offerings
13.12.4 VOICE caddie Golf Launch Monitor Sales and Revenue fromGolf Launch Monitor (2020-2025)
13.12.5 Key News
14 Key Market Trends, Opportunity, Drivers and Restraints
14.1 Key Takeway
14.2 Market Opportunities & Trends
14.3 Market Drivers
14.4 Market Restraints
14.5 Market Major Factor Assessment
14.6 Porter's Five Forces Analysis of Golf Launch Monitor Market
14.7 PEST Analysis of Golf Launch Monitor Market
15 Analysis of the Golf Launch Monitor Industry Chain
15.1 Overview of the Industry Chain
15.2 Upstream Segment Analysis
15.3 Midstream Segment Analysis
15.3.1 Manufacturing, Processing or Conversion Process Analysis
15.3.2 Key Technology Analysis
15.4 Downstream Segment Analysis
15.4.1 Downstream Customer List and Contact Details
15.4.2 Customer Concerns or Preference Analysis
16 Conclusion
17 Appendix
17.1 Methodology
17.2 Research Process and Data Source
17.3 Disclaimer
17.4 Note
17.5 Examples of Clients
17.6 Disclaimer
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