Global Treadmill Market 2019-2024 report delivers a comprehensive research based study of the market along with the market share, forecast data, in-depth analysis, and detailed overview of the Treadmill industry with respect to Global market. The Treadmill market report further emphasizes on market drivers and restraints at global and regional level. For complete understanding, the report also provides market segmentation and regional market analysis.
A treadmill is a device generally for walking or running while staying in the same place. The belt moves to the rear, requiring the user to walk or run at a speed matching that of the belt. The rate at which the belt moves is the rate of walking or running. Thus, the speed of running may be controlled and measured. The more expensive, heavy-duty versions are motor-driven (usually by an electric motor). The simpler, lighter, and less expensive versions passively resist the motion, moving only when walkers push the belt with their feet. The latter are known as manual treadmills.
In the coming years there is an increasing demand for Treadmills in the regions of North America and Europe that is expected to drive the market for more advanced Treadmills. Increasing of commercial fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of Treadmills in developing countries will drive growth in global market.
Globally, the Treadmills industry market is low concentrated as the manufacturing technology of Treadmills is relatively matures than some high-tech equipment. And some enterprises, like ICON Health & Fitness, BH, Life Fitness, etc. are well-known for the wonderful performance of their Treadmills and related services. At the same time, North America, occupied 35% sales market share in 2017, is remarkable in the global Treadmills industry.
The consumption volume of Treadmills is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Treadmills industry may not keep that fast. But it is surely forecasted that the market of Treadmills is still promising.
According to this study, over the next five years the Treadmill market will register a 3.8% CAGR in terms of revenue, the global market size will reach US$ 4380 million by 2024, from US$ 3500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Treadmill business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Treadmill market by product type, application, key manufacturers and key regions and countries.
This study considers the Treadmill value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Manual Treadmills
- Motorised Treadmills
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- ICON
- BH Group
- Life Fitness
- Johnson
- Sole
- Nautilus
- Technogym
- Precor
- Star Trac
- Cybex
- Dyaco
- Yijian
- True Fitness
- Shuhua
- Strength Master
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
- To study and analyze the global Treadmill consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Treadmill market by identifying its various subsegments.
- Focuses on the key global Treadmill manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Treadmill with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Treadmill submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.