Analyzing Handheld Golf GPS Market: Global Industry Perspective and Forecast (2024 to 2031)

Market Overview and Report Coverage

A Handheld Golf GPS is a portable device that provides golfers with accurate information about the course they are playing on, including distances to hazards, greens, and other key points on the course. The future outlook for the Handheld Golf GPS market is positive, with a forecasted growth rate of % during the coming years. This growth can be attributed to the increasing popularity of golf as a sport, as well as the technological advancements in GPS devices.

The current market for Handheld Golf GPS devices is witnessing steady growth, with more and more golfers opting for these devices to improve their game. The convenience and accuracy offered by Handheld Golf GPS devices are driving their adoption among both amateur and professional golfers. Additionally, the latest trends in the market include the integration of advanced features such as shot tracking, scorekeeping, and course mapping.

Overall, the Handheld Golf GPS market is poised for significant growth in the coming years, with technological advancements and increasing interest in golf driving demand for these devices. The market forecast indicates a positive outlook, with continued growth expected in the foreseeable future.

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Market Segmentation

The Handheld Golf GPS Market Analysis by types is segmented into:

• Single Function
• Multi-Function

Single function handheld golf GPS devices are designed solely for providing distance measurements on the golf course. They typically come with basic features such as distance to the front, center, and back of the green. On the other hand, multi-function handheld golf GPS devices offer additional features such as course mapping, hazards information, shot tracking, and score keeping capabilities. They provide a more comprehensive and advanced set of functions to enhance the golfer's overall experience on the course.

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The Handheld Golf GPS Market Industry Research by Application is segmented into:

• Amateur Player
• Professional Player

Handheld Golf GPS devices cater to both amateur and professional players in the market. Amateur players can use these devices to improve their game by gaining accurate yardage information, tracking their shots, and mapping out courses. Professional players rely on these devices for precise measurements during tournaments, helping them make informed decisions and strategize effectively. Both segments benefit from the convenience, accuracy, and advanced features offered by handheld Golf GPS devices to enhance their overall golfing experience.

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In terms of Region, the Handheld Golf GPS Market Players available by Region are:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

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What are the Emerging Trends in the Global Handheld Golf GPS market?

The global handheld golf GPS market is currently experiencing growing demand due to the rising popularity of golf as a sport and the increasing adoption of technology in sports equipment. Emerging trends include the integration of advanced features such as touchscreens, Bluetooth connectivity, and voice-enabled controls. Additionally, there is a growing focus on user-friendly interfaces and sleek, lightweight designs to enhance the overall golfing experience. Other key trends include the use of GPS technology for accurate distance measurements, course mapping, and real-time tracking of player performance. Overall, the market is expected to continue to expand with new innovations and advancements.

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Major Market Players

The Handheld Golf GPS market is highly competitive, with key players such as Garmin, Bushnell, GolfBuddy, and Callaway Golf dominating the market share. These companies offer a wide range of handheld GPS devices tailored to meet the needs of golfers of all skill levels.

Garmin, a leading player in the market, has been experiencing steady market growth due to its advanced technology and user-friendly features. The company offers a range of handheld GPS devices that provide accurate distances to the front, back, and center of the green, as well as hazards and doglegs.

Bushnell, known for its high-quality optics and GPS devices, has also seen significant market growth in recent years. The company's handheld GPS devices are popular among professional and amateur golfers alike for their accuracy and durability.

GolfBuddy, another key player in the Handheld Golf GPS market, offers a wide range of GPS devices that cater to various budgets and preferences. The company's devices are known for their simple and intuitive interface, making them a popular choice among golfers looking for an easy-to-use GPS device.

In terms of market size and revenue, it is estimated that the global Handheld Golf GPS market was valued at over $600 million in 2020. As for specific sales revenue, Garmin reported over $4 billion in revenue in 2020, while Bushnell reported over $500 million.

Overall, the Handheld Golf GPS market is highly competitive, with key players like Garmin, Bushnell, and GolfBuddy leading the way in terms of market growth, latest trends, and market size. These companies continue to innovate and develop new technologies to meet the evolving needs of the golfing community.

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