Connected Gym Equipment Market by Type (Cardiovascular Training Equipment, Strength Training Equipment, and Other Equipment) and End User (Residential, Health Clubs/Gyms, and Commercial Users)

The Global Connected Gym Equipment Market size is expected to reach $1,048 million by 2023, registering a CAGR of 31.1% during the forecast period. The continued growing health concerns among youth and adults, increased adoption of smartphones, growth in obesity, and increased number of gyms and health clubs drives the global connected gym equipment market. Moreover, increase in income in developing economies is expected to propel the growth of global connected gym equipment market during the forecast period.

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This global connected gym equipment market is segmented based on type, end user, and region. The type segment includes cardiovascular training equipment, strength training equipment, and other equipment. Based on end user, the market is classified into residential, gym/health clubs, and commercial users. The adoption of connected gym equipment is expected to increase among the population. Sedentary lifestyles and hectic schedule have led to the adoption of in-home equipment.

Exercising at home using smart treadmills, ellipticals, and other cardiovascular and strength training equipment saves gym membership expenses. However, space limitation and high cost of equipment restrain the connected gym equipment market growth of the home usage segment. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The global connected gym equipment market in Europe is expected to grow steadily. The UK dominates the industry in Europe followed by Germany, France, and Italy. The increase in adoption of fitness exercises contributes to the growth of the connected gym equipment industry across the European region.

The European connected gym equipment market is dominated by UK, constituting around 6,312 health and fitness clubs. It is characterized with presence of high obese population fueling the growth of the connected gym equipment market in the region. In the cardio equipment category, rowing machines, exercise bikes, and cross trainers are popular. High-end products such as rowing machines featured with wireless heart rate receiver and adjustable water resistance have gained considerable popularity in the UK. The major foreign companies operating in the UK include Technogym, Brunswick Corporation, Amer Sports, and others.

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As per a recent research, in 2014, about 20 million women were reported to be obese as compared to 9.8 million men. However, lower prevalence rate of obesity and lower urbanization rate of India as compared to China and Japan have restricted the penetration of connected gym equipment in the region. As per a study, in 2011, the number of health clubs were reported to be around 3,800, and the total number of memberships were in the range of 0.94-0.95 million.

Table of Contents:

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment pockets
3.2.2. Top winning strategies
3.2.3. Top impacting factors

3.3. KEY PLAYERS POSITIONING, 2016
3.4. PORTER’S FIVE FORCES ANALYSIS

3.4.1. Bargaining powers of suppliers
3.4.2. Bargaining powers of buyers
3.4.3. Threat of substitution
3.4.4. Low threat of new entrant
3.4.5. High competitive rivalry

3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Increased adoption of smartphones
3.5.1.2. Rising health awareness
3.5.1.3. Increase in obese population
3.5.1.4. Growth in number of gyms and fitness clubs

3.5.2. Restraints

3.5.2.1. High cost of connected gym equipment

3.5.3. Opportunities

3.5.3.1. Rise in disposable income across developing economies

Chapter: 4 CONNECTED GYM EQUIPMENT MARKET, BY TYPE

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. CARDIOVASCULAR TRAINING EQUIPMENT

4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market size and forecast, by country
4.2.4. Treadmill
4.2.5. Elliptical
4.2.6. Stationary bike
4.2.7. Others

4.3. STRENGTH TRAINING EQUIPMENT

4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market size and forecast, by country

4.4. OTHERS

4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market size and forecast, by country

Chapter: 5 CONNECTED GYM EQUIPMENT MARKET, BY END USER

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. RESIDENTIAL

5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market size and forecast, by country

5.3. GYM

5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market size and forecast, by country

5.4. OTHER COMMERCIAL USERS

5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market size and forecast, by country

Chapter: 6 CONNECTED GYM EQUIPMENT MARKET, BY GEOGRAPHY

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by type
6.2.3. Market size and forecast, by end user
6.2.4. Market size and forecast, by country

6.2.4.1. U.S.
6.2.4.2. Canada
6.2.4.3. Mexico

6.3. EUROPE

6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by type
6.3.3. Market size and forecast, by end user
6.3.4. Market size and forecast, by country

6.3.4.1. UK
6.3.4.2. Germany
6.3.4.3. Italy
6.3.4.4. France
6.3.4.5. Rest of Europe

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by type
6.4.3. Market size and forecast, by end user
6.4.4. Market size and forecast, by country

6.4.4.1. China
6.4.4.2. India
6.4.4.3. Japan
6.4.4.4. Korea
6.4.4.5. Rest of Asia-Pacific

6.5. LAMEA

6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by type
6.5.3. Market size and forecast, by end user
6.5.4. Market size and forecast, by country

6.5.4.1. Latin America
6.5.4.2. Middle East
6.5.4.3. Africa

Chapter: 7 COMPANY PROFILES

7.1. EGYM

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves & developments

7.2. LES MILLS INTERNATIONAL

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves & developments

7.3. LIFE FITNESS

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves & developments

7.4. PRECOR

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves & developments

7.5. TECHNOGYM

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.5.6. Key strategic moves & developments

7.6. DRAPER INC.

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves & developments

7.7. INCLUDEFITNESS INC.

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves & developments

7.8. PARADIGM HEALTH & WELLNESS INC.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves & developments

7.9. JOHNSON HEALTH TECH CO. LTD.

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves & developments

7.10. NAUTILUS INC.

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves & developments

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