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US Smart Home Gym Equipment Market Size, Industry Share, Growth & Forecast To 2020-2026

12-04-2020 09:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

US smart home gym equipment market is anticipated to grow with a considerable CAGR of 8.7% during the forecast period (2020-2026). High health awareness among people is one of the major factors contributing to the smart home gym equipment market growth. The high prevalence of chronic diseases such as obesity, diabetes, and cardiovascular diseases are also driving the adoption of smart home gym equipment. According to the US Bureau of Labor Statistics, more than 12.7% of the people across the US who are over 15 years old are engaged in cardiovascular equipment activities in 2016.

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The high obesity rate is also considered as a significant factor for the adoption of gyming among people in the country. According to the US Centers for Disease Control and Prevention, the obesity rate in the US among females (over 20 years) was 41.9% while it is 43.0% for males in 2018. In addition to this, the outbreak of COVID-19 has induced a longer than expected lockdown across many states in the country. The gym and health clubs are closed and therefore people are turning more towards home gym equipment to stay fit.

A Full Report of US Smart Home Gym Equipment Market is Available at: https://www.omrglobal.com/industry-reports/us-smart-home-gym-equipment-market

Market Coverage

The market number available for – 2019-2026
Base year- 2019
Forecast period- 2020-2026
Segment Covered-

o By Product Type

o By Distribution channel

Competitive Landscape- Garmin Ltd., Life Fitness, Peloton Interactive, Inc., Nautilus, Inc., Technogym SpA, Xiaomi Corp., BH Fitness, JAXJOX (Zinctex Inc.)

US Smart home gym equipment Market Report Segment

By Product Type

Treadmills
Cycling Machines
Rowing Machines
Others

By Distribution Channel

Online
Offline

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/us-smart-home-gym-equipment-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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