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Smart Boxing Gloves Market Size

  • Report ID: GMI10202
  • Published Date: Jul 2024
  • Report Format: PDF

Smart Boxing Gloves Market Size

Smart Boxing Gloves Market was valued at approximately USD 139 million in 2023 and is estimated to register a CAGR of around 9.7% between 2024 & 2032.

 

The popularity of high-intensity interval training (HIIT) has led to an increased integration of combat sports into regular exercise regimens. Advanced training tools are becoming more and more in demand as workouts like cardio boxing and kickboxing programs gain popularity in gyms and fitness centers. Boxing and mixed martial arts (MMA) are becoming more well-known due to high-profile fights and the emergence of social media influencers in the combat sports space. It will increase business demand because this visibility sparks interest and participation.
 

Smart boxing gloves are typically far more expensive than standard gloves because they have embedded electronics, sensors, and data analytics capabilities. Potential customers may be put off by this, particularly casual users and amateur athletes. Consumers may incur additional expenses due to upkeep, battery replacements, and necessary repairs. Compared to more general fitness and wearable markets, the smart boxing glove industry is quite small, which restricts growth potential. A short battery life might impact the user experience overall and restrict the length of training sessions. For users, having to replace batteries or charge them frequently might be inconvenient.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for smart boxing gloves was USD 139 million in 2023 and is expected to register 9.7% CAGR from 2024-2032 owing to the rising popularity of high-intensity interval training (HIIT) leading to an increased integration of combat sports into regular exercise regimens worldwide.

Smart boxing gloves industry from the sensor-integrated gloves segment is expected to reach USD 188 million by 2032 due to sensors' real-time data enabling them to instantly modify their training, guaranteeing they can quickly fix errors.

North America industry is expected to reach USD 121 million by 2032 due to advanced sensors, artificial intelligence, and the internet of things being developed and integrated into smart boxing gloves in the region.

Biometric Sports Solutions, DribbleUp, Inc., FightCamp, FITBAG, Hykso, Kickstarter, Knockout Fightgear, Punch Equipment, Tech-Best Fitness, and Trend Hunter, are some of the major smart boxing gloves companies worldwide.

Smart Boxing Gloves Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 490
  • Countries covered: 21
  • Pages: 410
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