Increased Consumer Awareness About Health Is Driving Up Demand For Strength Training Equipment Market 2032

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Ubiquitous Gym Equipment market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Ubiquitous Gym Equipment

The report offers actionable and valuable market insights of Ubiquitous Gym Equipment. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Ubiquitous Gym Equipment Market across various industries and regions.

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This newly published and insightful report sheds light on Market Insights of Ubiquitous Gym Equipment, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Ubiquitous Gym Equipment Market.

Key Takeaways from the Market Study

  • Cardiovascular gym equipment to yield US$ 1.2 Bn in revenue by 2031, capturing 17% revenue
  • Professional gym equipment to register a CAGR worth 5% across the forecast period
  • Sales of institutional gym equipment to expand at a growth rate of 5.1%
  • Sports stores & online channels to jointly account for 2/3rd revenue share
  • U.S to be the most opportunistic gym equipment market, capturing 40% of total revenue
  • U.K and China to collectively account for 3 out of 5 gym equipment sales until 2031
  • Global market for gym equipment to surge 1.6x across the assessment period

“The growing virtual fitness sector will increase demand for high-quality workout equipment that is simple to install at home which is further going to drive market growth”, says a Fact.MR Analyst.

Competitive Landscape

Companies are concentrating on creating distinctive products in order to strengthen their position and grab a significant market share. In recent years, key equipment manufacturers have leveraged smart technology, including AI, to offer more seamless workout experiences.

  • In October 2019, Nautilus Inc. introduced JRNY, a digital platform that uses AI to provide personalized workouts that adapt automatically to the user. The firm hopes that by launching this product, it will be able to provide better solutions to its consumers. This platform is compatible with the company’s Bowflex® treadmills, delivering real-time coaching and guided runs
  • In July 2021, Life Fitness, a subsidiary of Brunswick Corporation, introduced the new Integrity SL connected LED console for the Integrity Series cardio portfolio. The software incorporates a sleek, modern display with intuitive navigation to connect and track workouts

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Key Segments Covered

  • Product Type

    • Cardiovascular Machines
    • Strength Training Gym Equipment
    • Plate Loaded Gym Equipment
    • Ground Base Gym Equipment
    • Standalone Gym Equipment
    • Heavy Duty Elite Gym Racks
    • Gym Benches
    • Olympic Gym Bars and Collars
    • Dumbbells & Kettlebells
  • Distribution Channel

    • Gym Equipment Sales via Specialty Stores
    • Gym Equipment Sales via Online Retail Stores
    • Gym Equipment Sales via Sport Stores
    • Gym Equipment Sales via Other Distribution Channels
  • Buyer Type

    • Individual Gym Equipment
    • Institutional Gym Equipment
    • Promotional Gym Equipment

Key Question answered in the survey of Ubiquitous Gym Equipment market report:

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  • Growth of Ubiquitous Gym Equipment  Market
  • Market Analysis of Ubiquitous Gym Equipment
  • Market Insights of Ubiquitous Gym Equipment
  • Key Drivers Impacting the Ubiquitous Gym Equipment  market
  • Which are the Key drivers impacted by Ubiquitous Gym Equipment  market
  • Restraints Shaping Market Growth
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More Valuable Insights on Ubiquitous Gym Equipment Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Ubiquitous Gym Equipment, Sales and Demand of Ubiquitous Gym Equipment, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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