Connected Gym Equipment Market Size 2023-2028, Companies Analysis, Industry Demand and Growth by IMARC Group

IMARC Group has recently released a new research study titled "𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐆𝐲𝐦 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐓𝐫𝐞𝐧𝐝𝐬, 𝐒𝐡𝐚𝐫𝐞, 𝐒𝐢𝐳𝐞, 𝐆𝐫𝐨𝐰𝐭𝐡, 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖", The global 𝐜𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐠𝐲𝐦 𝐞𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐫𝐞𝐚𝐜𝐡𝐞𝐝 𝐔𝐒$ 𝟕𝟑𝟒.𝟓 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐. 𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫𝐰𝐚𝐫𝐝, 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩 𝐞𝐱𝐩𝐞𝐜𝐭𝐬 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒$ 𝟑,𝟕𝟔𝟏.𝟗 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟐𝟖, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟑𝟏.𝟕% 𝐝𝐮𝐫𝐢𝐧𝐠 𝟐𝟎𝟐𝟑-𝟐𝟎𝟐𝟖. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Market Outlook:

Connected gym equipment replicates the gym experience by providing access to training programs and live online classes led by professional trainers. These machines are connected to the internet, enabling users to store and collect data on centralized servers. They can also be linked with wearable devices or smartphone applications for continuous tracking and monitoring of their performance. Treadmills, rowing machines, ellipticals, stationary bikes, bench presses, squat racks, barbells, and dumbbells are some common product types. Consequently, connected gym equipment is extensively used across gyms, studios, health and fitness clubs, hotels, and hospitals.

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Market Trends and Growth Drivers:

The global connected gym equipment market is primarily driven by the rising health consciousness among consumers and the increasing prevalence of lifestyle diseases. The growing number of fitness clubs, gyms, and home fitness centers are further supporting product demand across the globe. In line with this, the rising per capita income and the rapid digitization in the health and fitness industry are providing a considerable thrust to the market growth.

Moreover, key market players are integrating software-based coaching solutions in sports equipment to increase their consumer base, which is creating a positive outlook for the market. Besides this, the emerging trend of smart wearable devices and connected machines to track and monitor fitness parameters, such as number of burnt calories, amount of weight lifted, distance walked, and round of sets and reps, is acting as a growth-inducing factor.

Connected Gym Equipment Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global connected gym equipment market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Brunswick Corporation
• Core Health & Fitness LLC
• EGYM
• Johnson Health Tech Co. Ltd.
• Les Mills International Ltd.
• Nautilus Inc.
• Paradigm Health & Wellness
• Precor Incorporated (Peloton Interactive Inc.)
• Technogym S.p.A
• TRUE Fitness Technology Inc.

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Key Market Segmentation:

The report has segmented the global connected gym equipment market on the basis of equipment type, connectivity type, distribution channel, end user and region.

Based on Equipment Type:

• Cardiovascular Training Equipment
• Strength Training Equipment
• Others

Based on Connectivity Type:

• Bluetooth
• Wi-Fi
• Ethernet
• RFID/NFC
• Others

Based on Distribution Channel:

• Online
• Offline

Based on End User:

• Residential
• Gyms and Health Clubs
• Commercial

Geographical Analysis:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Treadmill Ergometer Market Report: https://www.imarcgroup.com/treadmill-ergometer-market

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

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