Global Connected Gym Equipment Market – Tech Gift for Healthy World

Posted on 2018-05-04 by Goldstein Research in Consumer Services, Real Estate // 0 Comments

New York, USA, 2018-May-04 — /EPR Network/ — According to Goldstein Research, global connected gym equipment market is expected toreach USD 900 million by 2024 from USD 135 million in 2016,growing at a CAGR of 26.7% over the forecast period 2016-2024.Rising number of fitness enthusiasts along with emerging technology of connecting their smartphones and tablets to the smart gym equipment to track their performance and fitness activity is the major factor fuelling the growth of global connected gym equipment market. Global connected gym equipment market segmentation has been carried out on the basis of product and distribution channels type.Based on product type, cardiovascular gym equipment constitute major market share owing to its wide adoption in gyms as well as for use in homes. Strength training equipment are not much technologically advanced thus, it is expected to grow at moderate rates with innovation of new products. Globally connected gym equipment market is dominated by North America region and is expected to continue its dominance, followed by Europe and Asia-Pacific. North America rising market is on the back of growing number of new start-up gyms and introduction of new connected gym devices by the established player in the region.

Market Segmentation

On the basis of our in-depth analysis, Global Connected Gym EquipmentMarket can be segmented as follows:

By Product Type

Cardiovascular Training Equipment
Treadmills
Elliptical
Stationary bike
Rowing machine
Others
Strength Training Equipment

Squat Rack.
Barbells
Bench Press.
Incline bench press
Dumbbells
Other
Other Equipment

By Distribution Channels

Offline Channels
Online Channels

By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

“Global Connected Gym Equipment Market Outlook 2024” contains detailed overview of the global connected gym equipment market.On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product and distribution channels type.

Further, for the in-depth analysis, Connected Gym EquipmentMarket Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such aseGym, Les Mills International, Life Fitness, Precor, Technogym, Draper, Include fitness, Johnson Health Tech, Nautilu , etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global connected gym equipment market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Market Segmentation

By Product Type

By Distribution Channels

By Region

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