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Commercial Fitness Equipment Market By Product Form, Sales Channel, Application, Source, Geography and Key Competitors Analysis | Forecast Till 2025

03-09-2020 03:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Commercial Fitness Equipment

Commercial Fitness Equipment

This detailed market study focuses on data from different primary and secondary sources and is analyzed using various tools. It helps to gain insights into the market's growth potential, which can help investors identify scope and opportunities. The analysis also provides details of each segment in the global commercial fitness equipment market.

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According to the report, people inclining towards healthier living are expected to drive the growth of the commercial fitness equipment market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

What is the fitness equipment?

Fitness equipment is a device or gadget that is used during physical activity to improve the strength or conditioning impact of such a practice by providing either fixed or adjustable amounts of resistance or to improve the experience in general or result of a fitness routine. Fitness equipment may also include wearable products such as adequate footwear, gloves, and hydration packs.

Fitness equipment is used globally by many people for different reasons. Weight losing and gaining are the major reasons among them. Treadmill, free weights, exercise cycles, elliptical machines, and abs machines are used while carrying out fitness activities. It is used in different places such as in the gym, universities, and schools, sports center, and other places.

Key Factors Impacting Market Growth:

o People inclining towards healthier living
o Technological advancements and the emergence of connected devices market
o The high cost of manufacturing fitness equipment
o High demand for used fitness equipment

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Brunswick Corporation
2. Technogym
3. Johnson Health Tech. Co., Ltd.
4. Precor Incorporated
5. Cybex
6. Amer Sports Corporation
7. Keiser Corporation
8. Matrix Fitness
9. Promaxima

Regional segmentation and analysis to understand growth patterns:

The market has been segmented in major regions to understand the global development and demand patterns of this market.

Major regions for the commercial fitness equipment market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for high-performance computing owing to the strong presence of the industrial sector.

Asia Pacific and Middle East region has witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. Among these industries government & defense, education & research, manufacturing, media & entertainment, healthcare & life sciences, energy & utilities, and earth sciences are estimated to register high demand for commercial fitness equipment market.

The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be government & defense, education & research, manufacturing, media & entertainment, healthcare & life sciences, energy & utilities, and earth sciences. These industries have an established base resulting in stable market demand. These factors are expected to drive the demand for the commercial fitness equipment market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. The Asia Pacific and Middle East region has witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. The rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

This report provides:

1) An overview of the global market for commercial fitness equipment market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for global commercial fitness equipment market.
4) Analysis of R&D and demand for new technologies and new applications
5) Extensive company profiles of key players in industry.

The researchers have studied the market in depth and have developed important segments such as product type, application and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

With an emphasis on both organic and inorganic growth strategies there have been several primary developments done by major companies like, Brunswick Corporation, Technogym, Johnson Health Tech. Co., Ltd., Precor Incorporated, Cybex, Amer Sports Corporation, Keiser Corporation, Matrix Fitness, and Proxima

Market Segmentation:

By Product Type:
Treadmill
Free Weights
Exercise Cycles
Elliptical Machines
Abs Machines
Others

By Distribution Channel:
Sports Goods Stores
Specialty Sports Shops
Online Retailing
Discount Stores
Departmental Stores

By End Users:
Gym
Universities & School
Community
Sports Centre
Others

By Region:
North America
By Country (US, Canada, Mexico)
By Product Type
By Distribution Channel
By End Users
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Product Type
By Distribution Channel
By End Users
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Product Type
By Distribution Channel
By End Users
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Product Type
By Distribution Channel
By End Users
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Product Type
By Distribution Channel
By End Users
Rest of the World
By Region (South America, Africa)
By Product Type
By Distribution Channel
By End Users

Reasons To Buy This Report:
o Market size estimation of the global commercial fitness equipment market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact Us
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109,
Pune, Maharashtra 411028
Phone: +91 706 672 5858/+1 208 405 2835/+91 706 672 4848
Email:sales@quincemarketinsights.com
Web:www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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