Fitness Equipment Market: What are the Future Growth Opportunities? Top Players: Amer Sports Corporation, Brunswick Corporation, HOIST Fitness, ICON Health and Fitness, Johnson Health Tech. Co., Ltd., Nautilus Inc., Technogym True Fitness

The cardiovascular machine in the fitness equipment market is projected to grow at a rapid pace due to rising awareness regarding weight loss and fitness among the young population. Moreover, technological advancements such as Bluetooth, Wi-Fi in treadmills and bikes for better performance tracking are further increasing their demand in the fitness equipment market. The cardiovascular machine is increasingly being installed in personalized and hotel gyms on account of increasing customer spending capabilities on luxury products.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/443

The fitness equipment market would gain promising growth from the strength training machines segment owing to its increasing popularity among youngsters and fitness experts. Reasonable machinery costs and high quality of products are some of the reasons for growth. Strength training machines would also witness high demand among gym trainers and bodybuilders to achieve better results in body toning and weight maintenance tasks.

The home fitness equipment fitness market is projected to grow at a good pace owing to its increasing adoption in residential settings and government infrastructure. Increased standard of living and enhanced spending on a healthy lifestyle are the factors that are supporting inclination towards home fitness equipment. Elliptical machines, treadmills, weights, kettlebells are being increasingly used to provide easy exercising and high outputs to consumers.

The fitness market in Europe is anticipated to grow at a rapid pace over the forecast period owing to increased customer awareness about health and fitness in numerous countries including Italy, Germany, and others. Flexible government policies, increased penetration of private and public organizations, favorable government policies have further strengthened the fitness equipment market in the region.

New technologies and machines are increasingly being incorporated in the Asia Pacific region including Japan, China, and India. Enhanced disposable income and penetration US-based companies account for increasing customer awareness about the latest technologies.
The presence of a strong manufacturing sector across China, South Korea, and Japan are stimulating the production of the fitness equipment market. Measures players across the region have developed dealership network in the region to cater gyms, corporates as well as residential consumers.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/443

The major companies operating in the fitness equipment market are True Fitness, Technogym S.p.A., Torque Fitness, and Nautilus, Inc., Johnson Health Tech, Amer Sports Corporation, Icon Health & Fitness, and Brunswick Corporation.

Rising customer awareness regarding healthy lifestyle, the emergence of private health clubs, favorable government policies, and the presence of prominent players would drive the global fitness equipment market over the forecast period. Global Market Insights, Inc. predicts that the fitness equipment market could exceed $14 bn by 2024.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.