Manufacturers Tapping into Electric Water Sports amid Increasing Popularity of Electric Surfboards – FactMR Study
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Electric Surfboard market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Electric Surfboard The report offers actionable and valuable market insights of Electric Surfboard. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Electric Surfboard Market across various industries and regions. To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=422 This newly published and insightful report sheds light on Market Insights of Electric Surfboard, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Electric Surfboard Market. The surfboard market is projected to witness revenue generation of nearly US$ 950 Million, a Yo-Y growth of over 6.5% in 2018 over 2017, according to Fact.MR valuation. A steady growth of the surfing industry and increasing accessibility of beaches for recreational activities are few of the prominent factors driving the surfboard market revenues. Fact.MR study opines that sales of shortboards to outsell other surfboard categories. Continued preference for shortboards among surfers reserves the pole position of shortboards in the surfboard market. The status quo is likely to sustain in 2018 and hold nearly one third share of the surfboard market. While shortboards are highly preferred owing to their superior performance, Fact.MR study shows that demand for longboards among traditional surfers is here-to-stay. Collectively, shortboards and longboards are expected to hold over half the market share in 2018.
Sports Variety Stores Spearhead Surfboard Sales, Direct-to-Consumer Online Channels Emerging Rapidly The study finds that surfers prefer purchasing surfboards from sports variety stores. Along the same lines, Fact.MR analysis reveals that sales through sports variety stores will witness a rise of US$ 22 million in 2018 over 2017. The convenience of choice, greater exposure and brand