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Australia Sports Electronics Market Size, Share, Analysis: By Product Type: Wearable Devices, Standalone Devices; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Australia Sports Electronics Market Outlook
The Australia sports electronics market size reached USD 420.1 million in 2023. The market is expected to grow at a CAGR of 14.3% between 2024 and 2032, reaching USD 1,436.3 million by 2032.
Key Takeaways:
- The Department of Health and Aged Care reported about 90% of Australian adults engage in sports annually.
- As Per the Department of Health and Aged Care, roughly 13.5 million adults and 3.6 million children participate in sports yearly.
- According to the Department of Health and Age Care, sports contribute significantly to the economy, yielding $32 billion yearly.
Wearable devices, based on product type, are driving the Australia sports electronics market growth by monitoring metrics such as heart rate, speed, distance, and calories burned during activities
Wearable gadgets offer live performance tracking, prevent injuries through biomechanical analysis and sleep monitoring, create tailored training plans based on individual fitness objectives, and provide advanced coaching with remote monitoring and data-driven insights.
According to the Australian Sports Commission, 78% of males aged 15 and above engage in sports or physical activities weekly, thus contributing to the growth of the Australia sports electronics market as they utilise wearable devices to monitor their activities and calories.
Standalone devices function independently for portable use, feature specialized options for sports with user-friendly interfaces, boasts extended battery life for reliability, enable data management with locally stored information for privacy, and offer cost-effective choices for targeted investments in sport-specific features.
Market Segmentation
Australia Sports Electronics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Wearable Devices
- Pedometers
- Activity Monitors
- Smart Fabrics
- Fitness and Heart Rate Monitors
- Others
- Standalone Devices
- Electronics Scales
- Cameras
- Cycling Computers
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
The Australia sports electronics market key players are Google LLC (Fitbit, Inc.), Garmin Ltd., Apple Inc., Catapult Group International Ltd, Polar Electro Oy and Samsung Electronics Co. Ltd. among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Sports Electronics Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Sports Electronics Historical Market (2018-2023)
8.3 Asia Pacific Sports Electronics Market Forecast (2024-2032)
9 Australia Sports Electronics Market Overview
9.1 Key Industry Highlights
9.2 Australia Sports Electronics Historical Market (2018-2023)
9.3 Australia Sports Electronics Market Forecast (2024-2032)
10 Australia Sports Electronics Market by Product Type
10.1 Wearable Devices
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Type
10.1.3.1 Pedometers
10.1.3.2 Activity Monitors
10.1.3.3 Smart Fabrics
10.1.3.4 Fitness and Heart Rate Monitors
10.1.3.5 Others
10.2 Standalone Devices
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Type
10.2.3.1 Electronics Scales
10.2.3.2 Cameras
10.2.3.3 Cycling Computers
10.2.3.4 Others
11 Australia Sports Electronics Market by Region
11.1 New South Wales
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Victoria
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Queensland
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Australian Capital Territory
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Western Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Google LLC (Fitbit, Inc.)
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Garmin Ltd.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Apple Inc.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Catapult Group International Ltd
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Polar Electro Oy
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Samsung Electronics Co. Ltd.
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Sports Electronics Market: Key Industry Highlights, 2018 and 2032
2. Australia Sports Electronics Market: Key Industry Highlights, 2018 and 2032
3. Australia Sports Electronics Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. Australia Sports Electronics Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. Australia Sports Electronics Historical Market: Breakup by Region (USD Million), 2018-2023
6. Australia Sports Electronics Market Forecast: Breakup by Region (USD Million), 2024-2032
7. Australia Sports Electronics Market Structure
Key Questions Answered in the Report
The market was valued at USD 420.1 million in 2023.
The market is projected to grow at a CAGR of 14.3% between 2024 and 2032.
The revenue generated from the sports electronics market is expected to reach USD 1,436.3 million in 2032.
The sports electronic market is categorised according to product type, which includes wearable devices and standalone devices.
The key players are Google LLC (Fitbit, Inc.), Garmin Ltd., Apple Inc., Catapult Group International Ltd, Polar Electro Oy and Samsung Electronics Co. Ltd. among others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
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