Fitness Equipment Market Report 2017-2024 Product Scope, Trends, Growth Rate & Key Players | Precor, Nautilus, ICON Health & Fitness Inc., Brunswick Corp., Paramount, Cybex, Torque Fitness LLC, Johnson HealthTech, Impulse Health

The report embraces all-inclusive information on Fitness Equipment Market based on historical data analysis and crucial future projection for the duration of 2017-2024. To offer a better understanding of market the report covers analysis of drivers, restraints, opportunities and trends and their impact on the market dynamics. Further, the report also offers key insights into the competitive landscape of the global market.

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.

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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.

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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) and Johnson Health Tech. Co., Ltd, have the major market share in this industry.

Segmentations In The Report:

1.Fitness Equipment By Type:
- Cardiovascular Training Equipment
- Strength Training Equipment
- Other Equipment

2.Fitness Equipment By User:
- Home/Individual User
- Health Clubs/Gym
- Other Commercial User

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