Press release
Commercial Fitness Equipment Market 2020 Booming by Size, Revenue, Trend and Top Companies 2028 With Leading Players Brunswick Corporation, Technogym, Johnson Health Tech. Co., Ltd., Precor Incorporated, Cybex, Amer Sports Corporation, Keiser Corporation
Commercial Fitness Equipment Market is estimated to reach USD XX billion by 2028This detailed market report 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 is expected to drive the growth of commercial fitness equipment market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.
Fitness equipment is a device or gadgets that are 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.
Key Factors Impacting Market Growth:
• People inclining towards healthier living
• Technological advancements and emergence of connected devices market
• High cost of manufacturing fitness equipment
• High demand for used fitness equipment
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, Amer Sports Corporation
6. Keiser Corporation
7. Matrix Fitness
8. Promaxima
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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 commercial fitness equipment market 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. 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.
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Competitions and Report Analysis:
Commercial fitness equipment market competitive landscape provides details by competitors. These details include overviews, financials, revenues generated, market potentials etc. in research and development, new market initiatives, global presence. manufacturing sites and facilities, manufacturing capacities, company strengths. This report covers the following points:
1) Study of global industry dynamics, annual forecasts and expected annual compound growth rates (CAGRs).
2) An overview of the global commercial fitness equipment market and the related technologies.
3) Identification of new market opportunities and targeted consumer marketing strategies for global commercial fitness equipment market .
4) Extensive company profiles of key players in industry.
5) Analysis of R&D and demand for new technologies and new applications
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.
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
o By Country (US, Canada, Mexico)
o By Product Type
o By Distribution Channel
o By End Users
• Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Product Type
o By Distribution Channel
o By End Users
• Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Product Type
o By Distribution Channel
o By End Users
• Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Product Type
o By Distribution Channel
o By End Users
• Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Product Type
o By Distribution Channel
o By End Users
• Rest of the World
o By Region (South America, Africa)
o By Product Type
o By Distribution Channel
o By End Users
Reasons To Buy This Report:
• Market size estimation of the global commercial fitness equipment market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market
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Pune, Maharashtra 411028
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