Fitness Equipment Market: Industry Share and Forecast to 2030

As the fitness sector continues to expand year after year, with a total profit of $82.7 billion in 2017, according to the IHRSA, the competition to find the next advancement in fitness technology has only intensified.

Global Fitness Equipment Market size was valued at US$ 12.79 Bn in 2023 and the total revenue is expected to grow at 3.32 % through 2024 to 2030, reaching nearly US$ 16.07 Bn.

Fitness Equipment Market Overview:

The worldwide Fitness Equipment market Research Report 2021-2027 is a specialist and in-depth examination of the Fitness Equipment industry, with an emphasis on the global market trend. Furthermore, the competitive analysis regarding various parameters in a specific direct competition, and indirect competition, the strengths and weaknesses of major competitors, the price, a revenue, the gross profit margin, an interview record, a business distribution, entry barriers, and opportunity windows are provided within the report back to help the buyer better understand the competitors.

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Market Scope:

The global "Fitness Equipment Market" research examines major industry elements such as advancement, segmentation, growth prospects, opportunities, challenges, and competitive analysis. For the period 2021-2027, the segmental study focuses on revenue and forecast by region, kind, and application. This research examines the market size, development status, and prognosis, as well as a company profile. It also gives facts on the competitive environment as well as statistics from the top significant companies.

Drivers:

Fitness Equipment Market drivers influence demand, guide innovation, and steer competitive strategies, all of which shape the dynamics of distinct sectors. Technological developments, shifting consumer preferences, legislative changes, and economic situations are all significant causes. As technology advances, it encourages the development of new products and services, while variations in customer behavior require firms to adapt and innovate. Depending on their design and implementation, regulatory rules can either help or hinder market growth. In addition, economic factors such as inflation, employment rates, and GDP growth have a considerable impact on market patterns. Understanding these drivers is critical for businesses looking to maintain a competitive advantage and achieve long-term success in an ever-changing environment.

Segmentation:

 by Type

Cardiovascular Training Equipment
Treadmill
Elliptical
Stationary Bike
Rowing Machine
Others
Strength Training Equipment
Other Equipment


by End-User

Home Consumer
Health Club/Gym
Other Commercial User
Hotel
Corporate Office
Hospitals Medical Center
Public Institution


by Distribution Channel

Retail Stores
Specialty and Sports Shops
Department and Discount Stores
Online and Others


by Gender

Male
Female


by Usage

Residential
Commercial

Key Players:

Fitness Equipment Market data includes company profiles, product images and specifications, capacity, production, price, cost, revenue, and contact information. Upstream raw materials and instruments, as well as downstream demand assessments, are also provided. Global Fitness Equipment market development patterns and marketing methods are investigated. Finally, the viability of the most recent investment proposals is evaluated, and overall analytical findings are provided.

 1.ICON Health Fitness, Inc.
2. Brunswick Corporation
3. Johnson Health Tech Co. Ltd.
4. TechnogymS.p.A.
5. Amer Sports Corporation
6. Nautilus, Inc.
7. Core Health and Fitness, LLC
8. TRUE Fitness Technology, Inc.
9. Impulse (Qingdao) Health Tech Co. Ltd.
10. Torque Fitness, LLC.
11. Star Trac Health and Fitness Inc.
12. Body-Solid Inc.
13. Yowza fitness
14. Precor Incorporated
15. Paramount Fitness Corp.
16 NordikTrack Inc.
17. Cybex International Inc.
18. Body by Jake Global LLC
19. Nautilus Inc.
20. Fitness EM
21. Motus
22. Technogym
23. Seca GmbH
24. Omron Healthcare, Inc.

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Regional Analysis:

The study report is divided into groups based on region, manufacturer, type, and application. Each category offers production data for the anticipated period of 2021 to 2027. The consumption by Application section is also provided for the predicted period of 2021 to 2027. Understanding the categories aids in determining the significance of various elements that contribute to market growth.

COVID-19 Impact Analysis on Fitness Equipment Market:

Our ongoing research broadens our research methods to address core COVID-19 problems as well as prospective future steps. The study sheds light on COVID-19 by taking into consideration changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of modern market forces, and significant government efforts. The updated research includes insights, analysis, estimates, and predictions based on COVID-19's market impact.

Key Questions Answered in the Fitness Equipment Market Report are:

  • What will be the CAGR of the Fitness Equipment market during the forecast period (2024-2030)?
  • Which segment emerged as the leading segment in the Fitness Equipment market?
  • Which are the main players in the Fitness Equipment market?
  • What key trends are likely to emerge in the Fitness Equipment market in the coming years?
  • What will be the Fitness Equipment market size by 2024?
  • Which company held the largest share in the Fitness Equipment market?

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