12.10.2018 Views

Global Power Sports market is projected to reach 13,596 million USD in 2023

The Global Power Sports market sales value was 11,334 million USD in 2017, and it is projected to reach 13,596 million USD in 2023, with a CAGR (Compounded Annual Growth Rate) of 3.08% from 2017 to 2023. https://www.qyresearch.com/index/detail/237669/global-power-sports-market

The Global Power Sports market sales value was 11,334 million USD in 2017, and it is projected to reach 13,596 million USD in 2023, with a CAGR (Compounded Annual Growth Rate) of 3.08% from 2017 to 2023. https://www.qyresearch.com/index/detail/237669/global-power-sports-market

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3. Price<br />

The product average price decl<strong>in</strong>ed <strong>in</strong> the past few years due <strong>to</strong><br />

the technology development, the average price will keep the trend<br />

<strong>in</strong> the few future years due <strong>to</strong> <strong>in</strong>creas<strong>in</strong>g mature manufactur<strong>in</strong>g<br />

technology and low<strong>in</strong>g cost of raw materials.<br />

4. Cost<br />

The impact on the cost and availability of raw materials and<br />

certa<strong>in</strong> components <strong>is</strong> uncerta<strong>in</strong> due <strong>to</strong> potential supply changes.<br />

The costs of raw materials have a significant impact on the level<br />

of expenses. If the prices of raw materials and related fac<strong>to</strong>rs<br />

such as energy prices <strong>in</strong>crease, and if new companies cannot pass<br />

those price <strong>in</strong>creases on <strong>to</strong> cus<strong>to</strong>mers, their results of operations<br />

and f<strong>in</strong>ancial condition would suffer.

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