The global gym equipment market is set to enjoy a valuation of US$ 7,698.4 million in 2022 and further expand at a CAGR of 4.8% to reach US$ 12,295.1 million by the end of 2032.
The widening range of trends from cardiovascular health and ergonomics to ever increasing technological requirements means that equipment is constantly evolving to match consumer preferences. Exercises based on body weight and yoga have been practiced in various forms by ancient Egyptian, Chinese, and Indian cultures which has led to the evolution of fitness and the methods in order to achieve it. Owing to this the target market has grown greatly throughout the course of history.
For more insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=220
The readability score of the Gym Equipment Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Gym Equipment market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Gym Equipment along with key stakeholders as well as emerging players associated with the manufacturing of product.
Competitive landscape:
Prominent gym equipment manufacturers are Brunswick Corporation, Johnson Health Tech Co. Ltd., Technogym S.p.A, Nautilus Inc., Core Health and Fitness LLC, Torque Fitness LLC, Cosco Capital Inc., Amer Sports Corporation, Impulse Healthtech Co. Ltd., Icon Health & Fitness Inc., Peloton.
In order to increase their market presence and diversify their product offering, the top producers of gym equipment in the world are focusing on product development or innovation. Fitness equipment manufacturers have also, embraced smart technologies, like AI, in recent years to provide more unified workout experiences.
- In July 2021, For the Integrity Series cardio portfolio, Life Fitness, a division of Brunswick Corporation, unveiled the new Integrity SL linked LED console. The program connects to devices and tracks exercises with an elegant, contemporary display.
- In April 2021, Peloton completes its acquisition of Precor. With this acquisition, Peloton will develop a manufacturing presence in the United States. This will improve company’s R&D skills, and anticipates accelerate the expansion of its business verticals.
Fact.MR has provided detailed information about the price points of key manufacturers of gym equipment positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Gym Equipment Industry Research:
· By Product Type:
- Cardiovascular Machines
- Strength Training Equipment
- Plate Loaded Equipment
- Ground Base Equipment
- Standalone Equipment
- Heavy Duty Elite Racks
- Benches
- Olympic Bars and Collars
- Dumbbells & Kettlebells
· By Distribution Channel:
- Specialty Stores
- Online Retail
- Sport Stores
- Others
· By Buyer Type:
- Individual
- Institution
- Promotion
· By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
For in-depth competitive analysis, Buy Now:
https://www.factmr.com/checkout/220
How will be insights and market estimations provided in the Fact.MR report on the Demand of Gym Equipment make a difference?
- The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
- The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
- The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
- Provides scrutiny of the industry trends that have shaped recent government policies
- Provides an account of major breakthroughs in all segments that might change the course of the market considerably
- Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Gym Equipment Market
- Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
- Evaluates the role of various stages of funding on new growth avenues in key regional markets
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: [email protected]