Why the Fitness Equipment Market Is Set To Explode? | Key Players are Technogym, Icon Health & Fitness Inc., Johnson Health Tech, Fitness EM, Amer Sports Corporation, Nautilus, Torque Fitness, True Fitness, Sports Corporation, Core Health & Fitness, Heinz

Graphical Research added research on fitness equipment market is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, market also includes an in-depth study of the industry’s competitive scenario.

With the rising emphasis on improving the functioning of one’s immune system in the wake of the COVID-19 pandemic, health & fitness is garnering increasing attention amongst the worldwide population. This growing consciousness pertaining to the maintenance of optimum fitness has been pushing the demand for fitness equipment on a global scale.

The following 9 trends are expected to mark the progression of the fitness equipment market outlook:

Connected gym equipment across North America

With the internet of things (IoT) making inroads into almost every sector, the trend of connected devices across gyms and fitness centers is gaining ground. The advancements in technology has been popularizing smart and wearable devices, featuring integration with artificial intelligence (AI) and cloud technologies.

Access sample pages of the report, “North America Fitness Equipment Market Forecasts 2026” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/1409/sample

This trend has been encouraging individuals to engage in immersive workout sessions, enhancing their experience. The North America fitness equipment market share is slated to expand with numerous market players offering customized solutions to their customers via digitally connected fitness equipment.

Spiraling health club memberships across U.S.

With the number of health club memberships soaring in the U.S., the North America fitness equipment market forecast is expected to progress significantly. The reopening of health clubs, fitness centers, and gyms has ensured that the volume of these memberships expands further after the coronavirus pandemic. During 2018, the total number of gym memberships was over 62 million, according to the International Health, Racquet & Sportsclub Association (IHRSA).

Additionally, the demand for gym equipment such as leg press machines is likely to augment considerably across health clubs by 2026, since these machines are suitable for beginners as well as people recovering from injuries. The growing focus toward the development of glutes, quads, and hamstrings has been promoting the adoption of leg press machines across the region.

Gym infrastructure across North American corporate sector

In order to ensure optimal health & fitness of their employees, several corporate companies including Microsoft, Intel, and Google have been providing gym and health center facilities across their campuses. A significant number of enterprises have realized the need to provide employees with resources to maintain their health. The concerns regarding the overall health & wellbeing as well as optimum productivity of the workforce is expected to push the demand for gym equipment across North American countries.

Cardiovascular gym equipment to sees higher demand

The rising risk of heart conditions manifested through the surging number of heart failure cases in the region has been fostering the demand for cardiovascular equipment in North America. The cardio equipment segment held a share of more than 50% of the total revenue during 2019.

Efforts toward achieving weight loss and improved heart health has been driving the regional fitness equipment market outlook. Exercise bikes, treadmills, climbers, and elliptical machines are some types of cardio equipment displaying consistent adoption.

Strength equipment to gain traction across Europe

As strength equipment can significantly boost bone health and offer relief in conditions such as arthritis, the demand for dumbbells, barbells, and free weights has been seeing a rising curve in the recent past. The lower costs of this equipment make them an ideal choice for individuals who prefer home gyms. These factors have been fueling the Europe fitness equipment market outlook. In addition, one can expect the health & fitness sector to regain momentum post the COVID-19 crisis.

Access sample pages of the report, “Europe Fitness Equipment Market Forecasts 2026” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/1405/sample

Home gym equipment use to expand across in Europe

The trending popularity of home workouts and virtual workout sessions across the European countries has been spurring the expansion of the home gym equipment segment. With the COVID-19 pandemic forcing the closure of gyms and fitness clubs, home workouts are increasingly being preferred even in post-pandemic times due to their high convenience and lower costs.

Several market players have been seeking to stay ahead of the curve by offering live workout classes with an experienced fitness trainer to customers. For instance, Technogym introduced its live digital platform through which operators can stream studio classes or clubs to the members at home.

Growing awareness regarding health & fitness across APAC

Triggered by the spiraling prevalence of chronic conditions such as diabetes and cardiovascular disorders, a significant rise in health-related awareness is observed amongst the population across Asia Pacific. The growth in the spread of information about heart health and the risks posed by health conditions such as obesity has been creating more demand for commercial gym equipment and home gym equipment alike. Across developing countries gym equipment is now available with easy financing and payment options.

Access sample pages of the report, “APAC Fitness Equipment Market Forecasts 2026” in detail along with the table of contents (ToC) @
https://www.graphicalresearch.com/request/1407/sample

Spike in deployment across leading hotels in Asia Pacific

Numerous leading hotels across Asia Pacific have been offering gym facilities as part of their enhanced infrastructure. For instance, in Singapore the prominent hotels such as The Westin and Marina Bay Sands provide a 24-hour gym facility to guests. The growing demand from hotels has been generating higher revenue across the Asia Pacific fitness equipment market forecast. The thriving hospitality sector will certainly add to this propulsion.

Rising burden of heart disease across Asia Pacific

The marked rise in the prevalence of heart disease in countries such as India, Singapore, and Taiwan has been responsible for the growth in the deployment of cardio gym equipment in the region for promoting heart health. During 2017, every passing 25 minutes bore witness to one death due to heart disease in Taiwan, according to the Taipei Times.

Amer Sports Corporation, Torque Fitness, Hoist Fitness Systems, Technogym S.p.A., Johnson Health Tech, True Fitness, Heinz Kettler, and Nautilus Inc. are some leading manufacturers of fitness equipment throughout the world.

Contact Us:

Parikhit B.
Corporate Sales,
Graphical Research
Phone: 1-800-986-6917
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

This release was published on openPR.