27 Taiwan Sporting Goods Manufacturers Association According to data from Statista, the global sporting goods market is expected to reach US$182.29 billion by 2025, with a compound annual growth rate (CAGR) of 5.59% between 2025 and 2029. Despite inflationary pressures and challenges arising from U.S. tariff policies, the global sports market continues to expand at a noteworthy pace. Driven by technological innovation, rising health awareness, and major sporting events, the industry is steadily advancing and opening new frontiers. Leveraging its strong manufacturing foundation and leading ICT capabilities, Taiwan has become a major R&D and production hub for sporting equipment. With the rapid advancement of sports technology, equipment has evolved from purely mechanical devices into intelligent platforms that enable data collection, AI analysis, and interactive experiences. By integrating sensors and wearable devices for physiological data tracking with artificial intelligence and cloud technologies, users can receive real-time feedback and personalized training recommendations, creating a data-centered athletic experience. Meanwhile, the application of virtual and mixed reality (VR/ MR) is driving the development of immersive training environments. Taiwanese companies are developing an integrated model that combines AI, platform functionality, and user experience, expanding applications into fields such as health management, elderly rehabilitation, and corporate wellness. This evolution showcases Taiwan’s transition from manufacturing excellence to intelligent innovation and service integrawww.freepik.com
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