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Golf Rangefinder Market Is Expected To Reach USD 186.5 Million By 2025: Grand View Research Inc.

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San Francisco, 9 December 2019:   The Report   Golf Rangefinder Market   Size, Share & Trends Analysis Report By Product (LASER, GPS), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2019 – 2025 The global golf rangefinder market size is expected to reach USD 186.5 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.3% over the forecast period. Rising demand for the technological products to add more accuracy and precision in the golf sports is expected to be a key driver. Moreover, increasing popularity of golf sports among business professionals as a part of leisure activity is propelling the demand for the rangefinder in the market. The laser product segment accounted for a share of more than 60.0% in 2018 and is expected to maintain its lead over the forecast period owing to its high degree of accuracy. Key industry participants such as Bushnell Corporation, Nikon Corporation, SkyHawke Technol