ReleaseWire

Global Air Hockey Table Market to Grow at a CAGR of 4.57% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Air Hockey Table Market 2016 - 2020” research report to their website www.MarketResearchReports.com

Posted: Thursday, May 05, 2016 at 10:40 AM CDT

Lewes, DE -- (SBWire) -- 05/05/2016 --Report forecast the global air hockey table market to grow at a CAGR of 4.57% during the period 2016-2020.

Air hockey is played with a puck, two mallets, and a specific type of table. An air hockey table has a smooth playing surface and a surrounding rail to keep the puck and mallets inside the table. The slots in the rail at opposing ends of the table serve as goals. It also uses machinery and small holes to create a cushion of air on the playing surface, which reduces friction and increases play speed. Though air hockey is typically a two-player game, multi-player tables have also been introduced in the market.

Air hockey is one of the most popular and enjoyable arcade games. Air hockey games are fast, require very little skill to learn, and can be played by people of all age groups. The arcade boom in the mid-1980s in the US also led to an increase in the popularity of table games like billiards and air hockey. In 2015, the Air Hockey Players Association (AHPA) was formed. The association was formed with an aim to provide air hockey players with resources and structure and to help the game gain recognition as a well-respected mainstream sport.

The report covers the present scenario and the growth prospects of the global air hockey table market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of the following types of air hockey tables:
- Commercial air hockey tables
- Residential air hockey tables

The market is divided into the following segments based on geography:
- North America
- Europe
- APAC
- ROW

According to the report, with the rising popularity of the game, many new players are showing interest in participating in air hockey matches and tournaments. This is expected to increase the sales of air hockey tables globally. Additionally, the absence of age barriers in the game also encourages new participants.

Further, the report states that as DIY air hockey tables are easy to construct and cost lesser than the commercially available table, price-sensitive end-users, especially in the US and Canada, are increasingly opting for DIY air hockey tables. This will affect the sales of air hockey tables and decline vendor profit margins as well as revenue during the forecast period.

Global Air Hockey Table Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Air Hockey Table Market: Blue Wave Products, Brunswick Corporation, Gold Standard Games, and Valley-Dynamo.

Other Prominent Vendors in the market are: Barron Games International, Berner Billiards, Escalade Sports, Franklin Sports, GLD Products, Imperial International, and Playcraft Sport.

Market driver
- Rising popularity of air hockey tournaments
- For a full, detailed list, view our report

Market challenge
- DIY air hockey tables
- For a full, detailed list, view our report

Market trend
- Four-player air hockey tables
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 55 pages and 21 Exhibit "Global Air Hockey Table Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-air-hockey-table-market-2016-2020

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Global Air Hockey Table Market 2016 - 2020