Global Foosball Table Market Forecast Covering Growth Inclinations & Development
Posted by Arslan on December 19th, 2018
The demand for foosball tables was moderate a few years back when foosball was played just for the sake of entertainment, most commonly in combination with barbeque nights. However, the sales of foosball tables have increased across the world with a large number of individuals participating in international foosball competitions. Growing popularity of foosball as a professional sport is contributing greatly to the recent developments in the foosball table market. Stakeholders, including manufacturers, distributors, and suppliers in the Foosball Table Market are leveraging the growing popularity of the game on the professional, international level to boost the sales of foosball tables across the world.
In addition, an upsurge in the global sales of foosball tables is attributed to the increasing popularity of the game among cafes and quick service restaurants (QSRs). A large number of QSRs are adopting the strategies to improve footfall at their restaurants with the help of a foosball table, which remains an important factor to boost the growth of the foosball table market. Owing to a significant rise in demand for foosball tables across the world, manufacturers active in the foosball tables market are introducing innovative features with the help of advanced technologies. This is expected to further enhance the growth prospects of the foosball table market to redefine the parameters of developments in the market in the upcoming years.
Foosball is steadily making the shift from being an ‘American game’, as it penetrates new markets in Europe and Asia. The shift has not only created thousands of new aficionados but also led to the dawn of a multi-million dollar marketplace. The surging interest in the game hasn’t been lost on sports equipment manufacturers, as an array of innovative accessories and designs have flooded the market. On account of macro-economic factors -- spawning from proliferation of stress-relieving indoor sports to marketing push by stakeholders -- the long-term outlook on the market remains bullish.
According to the International Table Soccer Federation, foosball is officially played in over 50 countries. Majority of the participants in the game are mainly concentrated in Canada and the U.S. However, the influence of the US satellite TV gaining the attention of eyeballs in other regions has translated into growing popularity of the sport in other regions such as Europe, Africa, and Asia. The introduction of the game in new markets has brought with itself unique opportunities, which are likely to become stronger during the assessment period.
In order to pace ahead in the competitive market, leading manufacturing companies are focusing on incorporating novel and innovative features. Major manufacturers are concentrating on equipping the foosball tables with sturdy controls to offer an enhanced experience to the end users. Notable examples include,
New Potato Technologies, a leading developer and innovator of app-enabled accessories, is focusing on equipping foosball tables with eight functional 2-axis control bars as well as real scoring markers at both the ends of the tables.
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ThrowMotion, a leading manufacturer of web-connected table games, is focusing on incorporating smart features such as automatic goal detection, live commentary with the visual and audio effects, stats tracking and maintaining leaderboards, speed gun modes, and multiple game modes.
Sensing the evolving demand, foosball table manufacturers are adapting to the new status quo by incorporating cutting-edge technology in their offerings. Notable examples include,
DMI Sports, a leading manufacturer, has incorporated Power Ball technology which shoots the foosball into the playfield to offer an enhanced experience to the customers while playing the game.
Digiegames has recently launched a digital foosball table that is equipped with Wi-Fi features and built-in controller units to offer ergonomic gaming experience to the customers. The built-in controller units incorporated in the foosball table also allow end users to control the speed of the ball during the game. The company is focused towards incorporating LED technology to enable clarity in vision to track the ball in the field.
Teckell, a leading manufacturer, is focused towards integrating novel avant-grade technology to incorporate diamond-like coating (DLC). With the incorporation of this technology, the company is mainly focusing on offering shatterproof and low friction on the field surface and enhanced durability.
In order to expand their customer base, manufacturers are concentrating on engaging in collaborations and product innovation with the distributors and technology companies. For instance, ThrowMotion has recently signed a collaboration with the U.K.-based table games distributor, London Games Room. This collaboration is likely to enhance the company’s reach into tier II and suburban areas.
In essence, leading companies are concentrating on engaging in collaborations and product innovations to improve their position in the competitive market. To remain at the forefront, players are focusing on leveraging novel and innovative technology to offer convenience and improved gaming experience to the customers. Further, prominent manufacturers are concentrating on expanding their customer base through diversifying their product line in terms of professional and home products.
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