Exhaustive Study on Fitness Equipment Market 2019 | Strategic Assessment by Top Players: Cybex Technologies, Brunswick Corporation, Icon health and fitness, etc

Fitness Equipment Market

The global fitness equipment market was valued at USD 4 billion in 2017 and is expected to exceed over 13 billion USD at CAGR 4% during the forecast period 2019–2026.

Fitness equipment are machines which are used for physical exercise weight training, developing physical stamina and maintaining the overall health.

Increasing awareness about health and fitness is advertising a huge impact on the fitness equipment market. However, with increasing use of smart phones among the consumers, is leading them to a lazy lifestyle, which in turn is increasing the prevalence of various chronic disorders. As a result of this, more and more people are signing up for gym membership to retain proper health, which in turn is boosting the demand for fitness equipment market. Moreover, fitness equipment’s are getting more user friendly as a result of increasing technological advancements.  Apart from this, rising per capita expenditure, rising health and fitness awareness, and growing popularity of home gym equipment’s such as treadmills, stationary bicycles, and weightlifting machines is creating a positive impact on the  market demand. Major market players are seizing the opportunity and are involving in collaborations between fitness and health training centers which is further influencing the demand for fitness equipment market. Moreover, over 16% of the American population has signed up in gyms and other health clubs, also the U.S. spends over USD 10 billion on fitness equipment’s ever year, IHRSA (International Health, Racquet &Sport club Association).

The global home fitness equipment market is growing consistently over the years, with rising awareness about fitness and health. Moreover, home fitness boosts privacy, reduce distractions and provide freedom to the consumer to use equipment of their choice. It also eliminates the inconvenience of commuting to a gym. Recurring cost incurred in transportation, workout equipment, trainer fees, membership fees is major factors promoting consumer inclination to home gyms. increasing availability of online fitness platforms, alternative health coaching, and new trend of hiring personal trainer who offers customized training is further driving the market growth. Home segment is accounted for 42% of the total market shares and holds the largest consumer base for treadmills and cycling machines. Moreover, number of treadmill users was accounted for 52.9 million in 2017 and is expected to grow with a CAGR of 7% by 2026.

Asia Pacific is the fastest growing fitness equipment market, this can be accredited to the increasing health clubs across the region. For instance, there are over 25,000 health clubs accommodating 22 million club members across the region, moreover Australia and New Zealand have the highest penetration rates 15.5% and 13.6% respectively.

Obtain Brochure For Latest Technology Advancements @ 
https://straitsresearch.com/report/fitness-equipment-market/request-sample

The Major Prominent Players Covered in this Report:
Cybex Technologies, Brunswick Corporation, Icon health and fitness, Impulse Health Tech Ltd., and True fitness. & More.

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

By Type, Cardiovascular Training Equipment, Strength Training Equipment, Rowing Machine, Treadmill, Other Cardiovascular Training Equipment
By End User, Health clubs, Gyms, Home, Consumer, Hotels

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2026, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

View this report with a detailed description and TOC @ https://straitsresearch.com/report/fitness-equipment-market/toc

Key Fitness Equipment Market Trends:
- The report identifies, determines, and forecasts the Global Fitness Equipment Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Fitness Equipment Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Fitness Equipment Market.

Key Questions Answered in The Report:
What will the Fitness Equipment market growth rate?
What are the key factors driving the global Fitness Equipment market?
Who are the key manufacturers in the Fitness Equipment market space?
What are the market opportunities, market risk, and market overview of the Fitness Equipment market?
What are sales, revenue, and price analysis of top manufacturers of the Fitness Equipment market?
Who are the distributors, traders, and dealers of the Fitness Equipment market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Fitness Equipment Industry?
What are sales, revenue, and price analysis by regions of Fitness Equipment industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Browse Full Report @ 
https://straitsresearch.com/report/fitness-equipment-market/

Even if your business is a multinational venture or a single storefront, we believe innovation is the key to progress, in both what you build and how you promote your products and brands.

Buy Full Report with Detail Analysis with COVID-19 Impact – https://straitsresearch.com/buy-now/fitness-equipment-market/global/

So let's put our minds together. We'll make your vision a reality and help you grow.

For more details, please contact us -
Straits Research
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665
Website: https://straitsresearch.com/

About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enables us to determine greater insights by eliminating the research costs.

This release was published on openPR.