Various Trends , Strategies in Fitness Equipment Market With Segmentation Bases Various Factors

Global fitness equipment market is projected to reach a value of over US$ 15,500 Mn in 2026 at a CAGR of 4.1% over the forecast period. The report offers in-depth insights, revenue details, and other vital information regarding the global fitness equipment market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026.

Fitness equipment includes machines which are used during physical activity which helps to maintain overall body weight, improve physical stamina, and to develop muscular strength. Fitness equipment includes treadmills, free weights, weight machines, elliptical trainers, and many more.

Innovation in fitness equipment include that is easier to use and gentler on body, can measure heart rate on monitors built into cardiovascular machines, track workouts of individuals, and keeps track of how many calories burnt.

Increasing incidence of obesity, and chronic heart diseases across the globe coupled with rising awareness regarding health & fitness is expected to drive growth of the global fitness equipment market.

The global fitness equipment market. Additionally, shifting preferences towards traditional techniques to exercise such as aerobics, yoga, and swimming which do not require heavy equipment is another factor expected to hamper growth of the global fitness equipment market over the forecast period.

Increasing obese population is supporting growth of target market to a significant extent. According to a study conducted by the Center for Disease Control and Prevention, in 2012, stated that 34.9% of US adults are obese.

The strength training equipment segment in the global fitness equipment market is estimated to account for major revenue share over the forecast period.

North America market is expected to dominate the global fitness equipment market, and accounts for largest market revenue share of over US$ 3,000 million in 2017 as compared to that of markets in other regions.

Other factors include presence of leading fitness equipment manufacturers in these countries, and increasing consumer base adopting fitness equipment in countries in this region.

the North America fitness equipment market over the forecast period. In 2017 for instance, Body-Solid, Inc. launched Powerline Power Rack (PPR200) with additional features such as 18 adjustment levels, 41" wide knurled chinning bar, freeweight plates, bars, and collars optional.

In 2016, Europe accounted for the second largest revenue share contribution to the global fitness equipment market followed by markets in Asia Pacific, Latin America, and Middle east & Africa respectively. Increasing number of prominent multinational fitness clubs, and growing awareness about health and fitness among individuals are key factors fueling growth of the Europe fitness equipment market currently.

The market in Asia Pacific is expected to witness considerable growth and is expected to register highest CAGR of 4.0% over the forecast period, owing to rising demand for rugged, multi-functional fitness equipment, and increase in disposable income in emerging economies such as India, China, and Japan.

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Increasing fitness service providers and gymnasiums across the globe are other factors expected to propel growth of the global fitness equipment market in the near future. North America fitness equipment market is expected to account for US$ 3,606.9 Mn.

Prominent players in the global fitness equipment include Torque Fitness LLC, The Brunswick Corporation, Johnson Health Tech Co. Ltd., Technogym S.p.A., Amer Sports Corporation, Nautilus, Inc.,

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