FactMR
Rising Advanced Technology are Proliferating the Demand for Sports Fishing Equipment Market
Food and Agriculture Organization of the United Nations predicted that the global number of recreational fishers or anglers vary between 220 million and 700 million, with the higher estimate computing double the number of commercial anglers. In terms of fishing equipment, sustainable materials, electronics, and artificial intelligence developments have been gaining attention for high-end rigs. Sports fishing activities are highly restrained to developed economies in Europe and North America.
What are the Prospects of Braided Lines in Sports Fishing?
Braided fishing lines have highly attained acceptance among bass anglers, and light-tackle fishing methods. This can be associated to advantages in terms of easier casting. Also, braided lines are more resistant to twisting and stretching, unlike monofilament alternatives, thereby offering superior durability.
In past years, braided lines have also attained ground in offshore fishing. Dyneema and Spectra are famous brands of braided fishing lines in the offshore world. Replacing conventional Dacron backing with braids has accessed reels to hold more than 1,500 yards of braid of the same strength. Ultimately, capacity concerns have largely been negated with braided lines.
Braided lines have also found key roles in daytime deep-dropping practices. Solid-core braided lines, usually comprise a 65-pound-test, have become the professional line option for this fishery method. This can be computed for by lower resistance to water current, allowing for straighter connections between weight and the rods at substantial depths.
Moreover, the stretch-free properties of braided lines enable easier detection of fish bites at greater depths which is not possible with monofilament lines. This trend bodes well for sales in the times to come.
Technological breakthroughs in Marine Electronics Increasing the Demand for Sports Fishing Equipment Market
Technological breakthroughs in marine electronics have resulted in major changes in the sports fishing equipment sector. Ease of use in new GPS setups allows people without expertise to navigate in marine environments for great probability of catch. Advances in side-scanning sonar allows for easier tracking of bait fish and pelagic fish. Multifrequency, multibeam transducers, and compressed high-intensity radar pulse devices are prominent technologies in the field that provide superior detail in tracking schools of fish.
While digital radar systems are limited in terms of range, they provide advantages in terms of target separation and detail. Also, improvements in LCD display size and technology, and recent advances such as photo overlays and 3-D viewing functionality, are expected to gain popularity among anglers.
The National Sporting Goods Association conveyed that the fishing currently ranks 4th in the most popular participation sports in the country, beating bicycling, bowling, basketball, golf, jogging, baseball, softball, soccer, football, and skiing. Only walking, swimming, and camping are more popular – in fact, fishing is more popular than golf and tennis combined.
Conclusion
The sports fishing equipment market is constantly fragmented in nature, with significant presence of regional players. Leading manufacturers are increasingly concentrated on product development and launch strategies, with a focus on material and design improvements. These factors expected to increase the demand for sports fishing equipment market.