Michigan Golf Journal April 2023

Playing indoor golf is one of the hottest trends in the golf industry. A recent report by Straits Research valued the golf simulator market at $1.3 billion in 2021, but that number is projected to triple by 2030. Golf Simulators are not just for commercial businesses, or the rich and famous. The simulator space has been dramatically expanding and becoming more affordable in the last ten years. Indoor multi-sport and golf simulator commercial play is booming. Food and entertainment businesses like Topgolf Swing Suite, X-Golf, and 5-Iron Golf have seen remarkable growth, with Topgolf indoor suites growing from 29 stores in 2019 to 120 plus locations. The development of indoor golf is not limited to commercial businesses. Recent technology advances in launch monitors have made home golf simulators more reliable and affordable, driving growth in residential installations as well. One company, Ace Indoor Golf, a leading golf simulator manufacturer and retailer in the United States, grew its business by more than 50% last year due to the popularity of home golf simulators. The company designs, sells, installs, and provides maintenance of golf simulators to businesses, golf clubs, individuals, golf teams, sim manufacturers, and the prominent golf retailers like PGA Tour Superstores and 5-Iron Golf. The company offers turnkey custom-designed solutions and “Do-ItGolf Simulators Projected to Triple by 2030 By Dave Daubert Michigan Golf Journal

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