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Golf Tees-Global Market Insights and Sales Trends 2025
Synopsis
The global Golf Tees market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Golf Tees in various end use industries. The expanding demands from the Adults and Children, are propelling Golf Tees market. Plastic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rubber segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Golf Tees market, driven by demand from China, the second largest economy with some signs of stabilising, the Golf Tees market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Materials, by User. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Golf Tees, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Golf Tees market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Golf Tees market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Golf Tees sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Golf Tees covered in this report include Brush-t, Callaway, Champs Sports, Pride Golf Tee, Unbranded, Zero Friction, Cleveland, Club Champ and Datrek, etc.
The global Golf Tees market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Brush-t
Callaway
Champs Sports
Pride Golf Tee
Unbranded
Zero Friction
Cleveland
Club Champ
Datrek
Dunlop
Founders Club
Golden Bear
Golf Design
Golf Pride
Golfsmith
Hello Kitty
IZZO
ProActive
Pro Leagues
Ray Cook
Scotty Cameron
Stinger
TaylorMade
Team Effort
Titleist
PGM
Global Golf Tees market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Golf Tees market, Segment by Materials:
Plastic
Rubber
Wood
Other
Global Golf Tees market, by User
Adults
Children
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Materials, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Golf Tees manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Golf Tees in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by User, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Golf Tees market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Golf Tees in various end use industries. The expanding demands from the Adults and Children, are propelling Golf Tees market. Plastic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rubber segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Golf Tees market, driven by demand from China, the second largest economy with some signs of stabilising, the Golf Tees market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Materials, by User. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Golf Tees, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Golf Tees market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Golf Tees market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Golf Tees sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Golf Tees covered in this report include Brush-t, Callaway, Champs Sports, Pride Golf Tee, Unbranded, Zero Friction, Cleveland, Club Champ and Datrek, etc.
The global Golf Tees market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Brush-t
Callaway
Champs Sports
Pride Golf Tee
Unbranded
Zero Friction
Cleveland
Club Champ
Datrek
Dunlop
Founders Club
Golden Bear
Golf Design
Golf Pride
Golfsmith
Hello Kitty
IZZO
ProActive
Pro Leagues
Ray Cook
Scotty Cameron
Stinger
TaylorMade
Team Effort
Titleist
PGM
Global Golf Tees market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Golf Tees market, Segment by Materials:
Plastic
Rubber
Wood
Other
Global Golf Tees market, by User
Adults
Children
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Materials, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Golf Tees manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Golf Tees in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by User, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Golf Tees Market Overview
1.1 Golf Tees Product Overview
1.2 Golf Tees Market Segment by Materials
1.2.1 Plastic
1.2.2 Rubber
1.2.3 Wood
1.2.4 Other
1.3 Global Golf Tees Market Size by Materials
1.3.1 Global Golf Tees Market Size Overview by Materials (2018-2029)
1.3.2 Global Golf Tees Historic Market Size Review by Materials (2018-2023)
1.3.3 Global Golf Tees Forecasted Market Size by Materials (2024-2029)
1.4 Key Regions Market Size Segment by Materials
1.4.1 North America Golf Tees Sales Breakdown by Materials (2018-2023)
1.4.2 Europe Golf Tees Sales Breakdown by Materials (2018-2023)
1.4.3 Asia-Pacific Golf Tees Sales Breakdown by Materials (2018-2023)
1.4.4 Latin America Golf Tees Sales Breakdown by Materials (2018-2023)
1.4.5 Middle East and Africa Golf Tees Sales Breakdown by Materials (2018-2023)
2 Global Golf Tees Market Competition by Company
2.1 Global Top Players by Golf Tees Sales (2018-2023)
2.2 Global Top Players by Golf Tees Revenue (2018-2023)
2.3 Global Top Players by Golf Tees Price (2018-2023)
2.4 Global Top Manufacturers Golf Tees Manufacturing Base Distribution, Sales Area, Product Type
2.5 Golf Tees Market Competitive Situation and Trends
2.5.1 Golf Tees Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Golf Tees Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Golf Tees as of 2022)
2.7 Date of Key Manufacturers Enter into Golf Tees Market
2.8 Key Manufacturers Golf Tees Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Golf Tees Status and Outlook by Region
3.1 Global Golf Tees Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Golf Tees Historic Market Size by Region
3.2.1 Global Golf Tees Sales in Volume by Region (2018-2023)
3.2.2 Global Golf Tees Sales in Value by Region (2018-2023)
3.2.3 Global Golf Tees Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Golf Tees Forecasted Market Size by Region
3.3.1 Global Golf Tees Sales in Volume by Region (2024-2029)
3.3.2 Global Golf Tees Sales in Value by Region (2024-2029)
3.3.3 Global Golf Tees Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Golf Tees by User
4.1 Golf Tees Market Segment by User
4.1.1 Adults
4.1.2 Children
4.2 Global Golf Tees Market Size by User
4.2.1 Global Golf Tees Market Size Overview by User (2018-2029)
4.2.2 Global Golf Tees Historic Market Size Review by User (2018-2023)
4.2.3 Global Golf Tees Forecasted Market Size by User (2024-2029)
4.3 Key Regions Market Size Segment by User
4.3.1 North America Golf Tees Sales Breakdown by User (2018-2023)
4.3.2 Europe Golf Tees Sales Breakdown by User (2018-2023)
4.3.3 Asia-Pacific Golf Tees Sales Breakdown by User (2018-2023)
4.3.4 Latin America Golf Tees Sales Breakdown by User (2018-2023)
4.3.5 Middle East and Africa Golf Tees Sales Breakdown by User (2018-2023)
5 North America Golf Tees by Country
5.1 North America Golf Tees Historic Market Size by Country
5.1.1 North America Golf Tees Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Golf Tees Sales in Volume by Country (2018-2023)
5.1.3 North America Golf Tees Sales in Value by Country (2018-2023)
5.2 North America Golf Tees Forecasted Market Size by Country
5.2.1 North America Golf Tees Sales in Volume by Country (2024-2029)
5.2.2 North America Golf Tees Sales in Value by Country (2024-2029)
6 Europe Golf Tees by Country
6.1 Europe Golf Tees Historic Market Size by Country
6.1.1 Europe Golf Tees Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Golf Tees Sales in Volume by Country (2018-2023)
6.1.3 Europe Golf Tees Sales in Value by Country (2018-2023)
6.2 Europe Golf Tees Forecasted Market Size by Country
6.2.1 Europe Golf Tees Sales in Volume by Country (2024-2029)
6.2.2 Europe Golf Tees Sales in Value by Country (2024-2029)
7 Asia-Pacific Golf Tees by Region
7.1 Asia-Pacific Golf Tees Historic Market Size by Region
7.1.1 Asia-Pacific Golf Tees Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Golf Tees Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Golf Tees Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Golf Tees Forecasted Market Size by Region
7.2.1 Asia-Pacific Golf Tees Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Golf Tees Sales in Value by Region (2024-2029)
8 Latin America Golf Tees by Country
8.1 Latin America Golf Tees Historic Market Size by Country
8.1.1 Latin America Golf Tees Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Golf Tees Sales in Volume by Country (2018-2023)
8.1.3 Latin America Golf Tees Sales in Value by Country (2018-2023)
8.2 Latin America Golf Tees Forecasted Market Size by Country
8.2.1 Latin America Golf Tees Sales in Volume by Country (2024-2029)
8.2.2 Latin America Golf Tees Sales in Value by Country (2024-2029)
9 Middle East and Africa Golf Tees by Country
9.1 Middle East and Africa Golf Tees Historic Market Size by Country
9.1.1 Middle East and Africa Golf Tees Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Golf Tees Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Golf Tees Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Golf Tees Forecasted Market Size by Country
9.2.1 Middle East and Africa Golf Tees Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Golf Tees Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Brush-t
10.1.1 Brush-t Company Information
10.1.2 Brush-t Introduction and Business Overview
10.1.3 Brush-t Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Brush-t Golf Tees Products Offered
10.1.5 Brush-t Recent Development
10.2 Callaway
10.2.1 Callaway Company Information
10.2.2 Callaway Introduction and Business Overview
10.2.3 Callaway Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Callaway Golf Tees Products Offered
10.2.5 Callaway Recent Development
10.3 Champs Sports
10.3.1 Champs Sports Company Information
10.3.2 Champs Sports Introduction and Business Overview
10.3.3 Champs Sports Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Champs Sports Golf Tees Products Offered
10.3.5 Champs Sports Recent Development
10.4 Pride Golf Tee
10.4.1 Pride Golf Tee Company Information
10.4.2 Pride Golf Tee Introduction and Business Overview
10.4.3 Pride Golf Tee Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Pride Golf Tee Golf Tees Products Offered
10.4.5 Pride Golf Tee Recent Development
10.5 Unbranded
10.5.1 Unbranded Company Information
10.5.2 Unbranded Introduction and Business Overview
10.5.3 Unbranded Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Unbranded Golf Tees Products Offered
10.5.5 Unbranded Recent Development
10.6 Zero Friction
10.6.1 Zero Friction Company Information
10.6.2 Zero Friction Introduction and Business Overview
10.6.3 Zero Friction Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Zero Friction Golf Tees Products Offered
10.6.5 Zero Friction Recent Development
10.7 Cleveland
10.7.1 Cleveland Company Information
10.7.2 Cleveland Introduction and Business Overview
10.7.3 Cleveland Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Cleveland Golf Tees Products Offered
10.7.5 Cleveland Recent Development
10.8 Club Champ
10.8.1 Club Champ Company Information
10.8.2 Club Champ Introduction and Business Overview
10.8.3 Club Champ Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Club Champ Golf Tees Products Offered
10.8.5 Club Champ Recent Development
10.9 Datrek
10.9.1 Datrek Company Information
10.9.2 Datrek Introduction and Business Overview
10.9.3 Datrek Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Datrek Golf Tees Products Offered
10.9.5 Datrek Recent Development
10.10 Dunlop
10.10.1 Dunlop Company Information
10.10.2 Dunlop Introduction and Business Overview
10.10.3 Dunlop Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Dunlop Golf Tees Products Offered
10.10.5 Dunlop Recent Development
10.11 Founders Club
10.11.1 Founders Club Company Information
10.11.2 Founders Club Introduction and Business Overview
10.11.3 Founders Club Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Founders Club Golf Tees Products Offered
10.11.5 Founders Club Recent Development
10.12 Golden Bear
10.12.1 Golden Bear Company Information
10.12.2 Golden Bear Introduction and Business Overview
10.12.3 Golden Bear Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Golden Bear Golf Tees Products Offered
10.12.5 Golden Bear Recent Development
10.13 Golf Design
10.13.1 Golf Design Company Information
10.13.2 Golf Design Introduction and Business Overview
10.13.3 Golf Design Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Golf Design Golf Tees Products Offered
10.13.5 Golf Design Recent Development
10.14 Golf Pride
10.14.1 Golf Pride Company Information
10.14.2 Golf Pride Introduction and Business Overview
10.14.3 Golf Pride Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Golf Pride Golf Tees Products Offered
10.14.5 Golf Pride Recent Development
10.15 Golfsmith
10.15.1 Golfsmith Company Information
10.15.2 Golfsmith Introduction and Business Overview
10.15.3 Golfsmith Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Golfsmith Golf Tees Products Offered
10.15.5 Golfsmith Recent Development
10.16 Hello Kitty
10.16.1 Hello Kitty Company Information
10.16.2 Hello Kitty Introduction and Business Overview
10.16.3 Hello Kitty Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Hello Kitty Golf Tees Products Offered
10.16.5 Hello Kitty Recent Development
10.17 IZZO
10.17.1 IZZO Company Information
10.17.2 IZZO Introduction and Business Overview
10.17.3 IZZO Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.17.4 IZZO Golf Tees Products Offered
10.17.5 IZZO Recent Development
10.18 ProActive
10.18.1 ProActive Company Information
10.18.2 ProActive Introduction and Business Overview
10.18.3 ProActive Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.18.4 ProActive Golf Tees Products Offered
10.18.5 ProActive Recent Development
10.19 Pro Leagues
10.19.1 Pro Leagues Company Information
10.19.2 Pro Leagues Introduction and Business Overview
10.19.3 Pro Leagues Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Pro Leagues Golf Tees Products Offered
10.19.5 Pro Leagues Recent Development
10.20 Ray Cook
10.20.1 Ray Cook Company Information
10.20.2 Ray Cook Introduction and Business Overview
10.20.3 Ray Cook Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Ray Cook Golf Tees Products Offered
10.20.5 Ray Cook Recent Development
10.21 Scotty Cameron
10.21.1 Scotty Cameron Company Information
10.21.2 Scotty Cameron Introduction and Business Overview
10.21.3 Scotty Cameron Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.21.4 Scotty Cameron Golf Tees Products Offered
10.21.5 Scotty Cameron Recent Development
10.22 Stinger
10.22.1 Stinger Company Information
10.22.2 Stinger Introduction and Business Overview
10.22.3 Stinger Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.22.4 Stinger Golf Tees Products Offered
10.22.5 Stinger Recent Development
10.23 TaylorMade
10.23.1 TaylorMade Company Information
10.23.2 TaylorMade Introduction and Business Overview
10.23.3 TaylorMade Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.23.4 TaylorMade Golf Tees Products Offered
10.23.5 TaylorMade Recent Development
10.24 Team Effort
10.24.1 Team Effort Company Information
10.24.2 Team Effort Introduction and Business Overview
10.24.3 Team Effort Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.24.4 Team Effort Golf Tees Products Offered
10.24.5 Team Effort Recent Development
10.25 Titleist
10.25.1 Titleist Company Information
10.25.2 Titleist Introduction and Business Overview
10.25.3 Titleist Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.25.4 Titleist Golf Tees Products Offered
10.25.5 Titleist Recent Development
10.26 PGM
10.26.1 PGM Company Information
10.26.2 PGM Introduction and Business Overview
10.26.3 PGM Golf Tees Sales, Revenue and Gross Margin (2018-2023)
10.26.4 PGM Golf Tees Products Offered
10.26.5 PGM Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Golf Tees Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Golf Tees Industrial Chain Analysis
11.4 Golf Tees Market Dynamics
11.4.1 Golf Tees Industry Trends
11.4.2 Golf Tees Market Drivers
11.4.3 Golf Tees Market Challenges
11.4.4 Golf Tees Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Golf Tees Distributors
12.3 Golf Tees Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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