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.
According to this study, over the next five years the Crossbows market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Crossbows business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Crossbows market by product type, application, key manufacturers and key regions and countries.
This study considers the Crossbows value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
TenPoint Crossbow Technologies
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Crossbows consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Crossbows market by identifying its various subsegments.
Focuses on the key global Crossbows manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Crossbows with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Crossbows submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.