Press release
Global Rowing Machines Market is expected to reach USD 4134.66 million by 2032, Trends & Analysis - Forecasts to 2026 By Type (Air Rowing Machine, Hydraulic Rowing Machine, Water Rowing Machine, Others), By End-User (Residential, Commercial), By Distribut
Global rowing machines Market was valued at USD 1,613.52 million in 2021 and is expected to reach USD 4134.66 million by 2032, registering a CAGR of 8.10% during the forecast period of 2022-2032. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.Click Here to Get Free Sample Copy of Biobanking Software Report @ https://www.mraccuracyreports.com/report-sample/518972
Some of the major players operating in the rowing machines market are
Concept2 inc. (U.S.)
WaterRower (U.S.)
LifeCORE Fitness (U.S.)
HealthCare International Global Network Limited (U.S.)
TECHNOGYM S.p.A (Italy)
Core Health & Fitness, LLC (U.S.)
Seca (Germany), Brunswick Corporation (U.S.)
Nautilus, Inc. (U.S.)
Omron Healthcare, Inc. (Japan)
Cybex International, Inc. (U.S.)
Life Fitness (U.S.)
Precor Incorporated (U.S.)
Schnell Trainigsgerate GmbH (Germany)
Johnson Health Tech (U.S.)
Impulse (Qingdao) Health Technology Co., Ltd. (China)
Amer Sports (Finland)
Recent Development
In March 2021, Life Fitness partnered with World Gym International, a U.S. fitness center founded in 1976 by Joe Gold. Under this partnership contract, the company is anticipated to profit by newly launched rowing machines and supplying gym equipment to World Gym International. The new rowing machines were launched in November 2020. The company with this partnership continues to increase globally, though looking to satisfy its members with unique designs.
In March 2021, Torque Fitness has partnered with CrossFit athlete Brent Fikowski. This partnership is looking to increase the growth of the fitness equipment for home gyms. This includes evolving HIIT (high-intensity interval training) rowing machines and other commercial fitness equipment. The company further goals to innovate equipment with more magnetic resistance and provide functional fitness to consumers.
Global Rowing Machines Market Scope
The rowing machines market is segmented on the basis of product, weight capacity, distribution channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Air Rowing Machine
Hydraulic Rowing Machine
Magnetic Rowing Machine
Water Rowing Machine
Others
Weight Capacity
Under 100 Pounds
100 To 199 Pounds
200 To 249 Pounds
300 To 499 Pounds
Distribution Channel
Offline
Online
End User
Residential
Commercial
Drivers
Growing geriatric population
A rise in the number of geriatric population has positively impacted the growth of the rowing machine market globally. The geriatric population places a high importance on alleviating joint pain, lowering cholesterol levels, and growing bone density. This population has completely different requirement as compared to younger population. The leading demand of fitness equipment such as rowing machines especially for seniors to perform safe and low impact workouts which are expected to drive the growth of the rowing machine market.
Rising demand of hydraulic rowing machine
Hydraulic rowing machines are less magnetic, expensive than air or liquid rowers. Hydraulic rowing machines are also known as piston rowers. These rowing machine are considered to be the most affordable indoor rowing machines. They are run discreetly, portable and take up little room. Hydraulic rowers also offer a wide range of force to accommodate people of all levels of skill. The rising demand of hydraulic rowing machine is expected to drive the growth rate of the rowing machine market.
Furthermore, the growing awareness regarding right equipment and health benefits of regular exercise amongst health conscious consumers. Also, the increasing disposable incomes growing awareness regarding better quality gym equipment overall the globe are also majorly impacting the growth of the rowing machines market during the forecast period of 2022-2029.
Opportunities
Latest launches and development
The surging product launches and other innovations by major market players further offer many growth opportunities within the rowing machine market. For instance, Kettler launces Favorit Rower, a low-cost rower with 50 levels of resistance for intense workouts. This machine has a small LCD which displays the important exercise information and has an ear clip infrared heart rate pulse sensor which allows users to monitor heart rate wirelessly
Access full Report Description, TOC, Table of Figure, Chart, etc. @ https://www.mraccuracyreports.com/reportdetails/reportview/518972
Recent Development
Nutrition Technologies raised USD 5 million in a Pre-Series B funding round in March 2021 to establish an insect protein factory in Malaysia. The existing investors, Openspace Ventures and SEEDS Capital, the investment arm of Enterprise Singapore, participated in the investment. This investment could help the company enter new Southeast Asian markets and fund R&D.
In November 2020, Portenga built smart insect farms that produce insect proteins that can be used as feed or fertiliser in agriculture. To overcome the cost and sustainability pitfalls of centralised insect-based farming systems, the smart insect farms are built in a modular and decentralised system near waste biomass sources. They are designed to take in 20-60 metric tonnes of feedstock per day.
In November 2020, AgriProtein, a subsidiary of ITG, announced the formation of "Bioko!", a joint venture with PreZero US. PreZero, a German-based company, is a global recycler that is at the forefront of developing circular economy solutions from 90 locations in nine countries. The two companies have joined forces to form an operating entity in the United States for nutrient recycling processes.
Direct Purchase Biobanking Software Research Report Now @ https://www.mraccuracyreports.com/checkout/518972
Key Drivers
Growing geriatric population
A rise in the number of geriatric population has positively impacted the growth of the rowing machine market globally. The geriatric population places a high importance on alleviating joint pain, lowering cholesterol levels, and growing bone density. This population has completely different requirement as compared to younger population. The leading demand of fitness equipment such as rowing machines especially for seniors to perform safe and low impact workouts which are expected to drive the growth of the rowing machine market
Rising demand of hydraulic rowing machine
Hydraulic rowing machines are less magnetic, expensive than air or liquid rowers. Hydraulic rowing machines are also known as piston rowers. This rowing machine is considered to be the most affordable indoor rowing machines. They are run discreetly, portable and take up little room. Hydraulic rowers also offer a wide range of force to accommodate people of all levels of skill. The rising demand of hydraulic rowing machine is expected to drive the growth rate of the rowing machine market.
Furthermore, the growing awareness regarding right equipment and health benefits of regular exercise amongst health conscious consumers. Also, the increasing disposable incomes growing awareness regarding better quality gym equipment overall the globe are also majorly impacting the growth of the rowing machines market during the forecast period of 2022-2029.
To Gain More Insights into the Market Analysis, Visit @ https://www.databridgemarketresearch.com/reports/global-rowing-machines-market
Key Market Segments:-
The rowing machines market is segmented on the basis of product, weight capacity, distribution channel and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Air Rowing Machine
Hydraulic Rowing Machine
Magnetic Rowing Machine
Water Rowing Machine
Others
Weight Capacity
Under 100 Pounds
100 To 199 Pounds
200 To 249 Pounds
300 To 499 Pounds
Distribution Channel
Offline
Online
End User
Residential
Commercial
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