The report on the Global Fitness Equipment Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of a comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Fitness equipment refers to all the machines and health monitoring devices which are essential to perform various physical exercises. These exercises help in improving the overall wellbeing of the individual by developing muscular strength, physical stamina and weight management. The demand for this equipment is increasing globally due to increasing health awareness among the youth. The most commonly used fitness equipment are weight lifting machines, stationary bicycles, treadmills, stair climbers etc.
The market is segmented according to types of fitness equipment such as machines for strength training, cardiovascular training, activity monitors and body analyzers. The end user segment for the fitness equipment market is classified into home/individual, health clubs, gyms and other commercial organizations. The major commercial segment for this market includes fitness equipment procured by hotels, corporates, hospitals etc.
The key drivers for this segment are benefits of physical exercise, urbanization and rising concern and awareness of healthy living. Rise in obese population in the developed countries drives the demand of cardio vascular equipment which is specially designed for weight management. The increase in the number of gyms and health centers and member subscriptions also contribute to the demand for this segment. The rapid increase in in-house gyms and personal trainers has also increased the sales of fitness equipment. Initiatives such as fitness camps and wellness programs in corporates also aid to the development of this segment. The resale of used fitness equipment is the major constraint in this segment.
North America is the leading consumer of fitness equipment market and will continue its dominance during the forecast period. The Asia Pacific market is expected to grow during the forecast period due to the awareness of healthy living among the developing countries.
The major companies are:
- Precor
- Nautilus
- ICON Health & Fitness Inc.
- Brunswick Corp.
- Paramount
- Cybex
- Torque Fitness LLC
- Johnson HealthTech
- Impulse Health
- Technogym and Fitness EM.
- Brunswick Corporation (Life Fitness)
- Johnson Health Tech. Co., Ltd.
SEGMENTATIONS IN REPORT:
Fitness Equipment By Type
- Cardiovascular Training Equipment
- Strength Training Equipment
- Other Equipment
- Activity Monitors
- Body Analyzers
Fitness Equipment By User
- Home/Individual User
- Health Clubs/Gym
- Other Commercial User
- Corporate Offices
- Hospitals
- Hotels
Fitness Equipment By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Fitness Equipment Market has been exhibited in detail in the following chapters -
Chapter 1 Fitness Equipment Market Preface
Chapter 2 Executive Summary
Chapter 3 Fitness Equipment Industry Analysis
Chapter 4 Fitness Equipment Market Value Chain Analysis
Chapter 5 Fitness Equipment Market Analysis By Type
Chapter 6 Fitness Equipment Market Analysis By User
Chapter 7 Fitness Equipment Market Analysis By Geography
Chapter 8 Competitive Landscape Of Fitness Equipment Companies
Chapter 9 Company Profiles Of Fitness Equipment Industry