Connected Gym Equipment Market by Type (Cardiovascular Training Equipment, Strength Training Equipment, and Other Equipment) and End User (Residential, Health Clubs/Gyms, and Commercial Users) - Global Opportunity Analysis and Industry Forecast, 2021-2027

ID: VPR/CO/161 Publishing Year: January 2021 Pages: 72 Format:   


Global Connected Gym Equipment Market was valued at $ XX billion in 2019, and is expected to reach $ XX billion by 2027, registering a CAGR of XX% from 2021 to 2027.

Gym Equipment is devices used for any physical activity. It is used for physical exercise like weight loss , improve physical stamina, and muscular strength. Connected Gym Equipment are advanced instruments they are connected to the internet, allowing them to collect and store data on centralized servers (such as cloud), which is accessible anywhere for goals, health history, and nutritional habits to create personalized exercise plans and track how you're doing in the gym.
Because of health awareness among youth and adults, the demand for fitness equipment is increasing day by day which has gained much traction among health club members, supported by high penetration and ownership of smartphones and access to high-speed internet. A surge of fitness apps around the world, an increase in income in developing economies and increased adoption of smartphones, growth in obesity, an increased number of gyms, and health clubs are factors driving the Connected Gym Equipment Market. However, the high cost of smart equipment and lack of information about technology restrain the market growth. Furthermore, the leading players in the industry are coming up with innovative solutions.

Segment Insight:

This Connected Gym Equipment Market is segmented based on type and end-user. By type, the market is segmented by cardiovascular training equipment, strength training equipment, and other equipment. Based on end-user, the market is segmented into residential, gym/health clubs, and commercial users.

By Equipment Type Insight:

By Equipment Type, the market is segmented by cardiovascular training equipment, strength training equipment, and other equipment. Cardiovascular training equipment is used to promote good health, lose weight, and even relieve stress. The types of cardiovascular training equipment are treadmill, stair mill, rowing machine, spin bike, and Jacob's ladder. Strength training equipment is designed to work for a single muscle or muscle group at once for example exercise such as squats, lunges, presses, pulls, and others. The types of strength training equipment are ankle weights, arm machines, bars, benches, core & abdominal trainers and dumbbells.

By End User Insight:

Based on end-user, the market is segmented into residential, gym/health clubs, and commercial users. Residential are homes and private apartments. Commercial user is classified into hotels, corporate offices, hospitals, public institutions .The group of health club/gym accounted for the largest market share in the fitness equipment market.

Major Key Players of Connected Gym Equipment Market

E-Gym, Les Mills International, Life fitness, Precor , Techno gym , Draper Inc., Include Fitness Inc., Paradigm Health & Wellness Inc., Johnson Health Tech Co. Ltd., and Nautilus Inc.

Most of the key players in Connected Gym Equipment Market are focusing on business expansion to gain a higher revenue share through the adoption of strategies, such as mergers and acquisitions and new product development.

Connected Gym Equipment Market Key Segments:

Connected Gym Equipment Market by Type:

  • Cardiovascular training equipment
  • Strength training equipment
  • Other equipment

Connected Gym Equipment Market by End User:

  • Residential
  • Gym/health clubs
  • Commercial users

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Turkey
    • South Africa
    • Rest of LAMEA


Frequently Asked Questions
E-Gym, Les Mills International, Life fitness, Precor, Technogym, Draper Inc., IncludeFitness Inc., Paradigm Health & Wellness Inc., Johnson Health Tech Co. Ltd., and Nautilus Inc are the major key players in Connected Gym Equipment Market.
Cardiovascular Training Equipment is the Leading Type Segment in the in the Connected Gym Equipment Market.
Health awareness among youth and adult and increased adoption of smart phones are the major factors driving the Connected Gym Equipment Market.

TABLE OF CONTENTS:

CHAPTER 1 MARKET INTRODUCTION

1.1. REPORT OVERVIEW

1.2. SCOPE OF THE STUDY

1.3. PRIMARY MARKET SEGMENTS

1.4. RESEARCH METHODOLOGY

CHAPTER 2 EXECUTIVE SUMMARY

2.1. C-LEVEL EXECUTIVE’S OVERVIEW AND PERSPECTIVES

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE

3.2. PRINCIPAL FINDINGS

3.2.1. Key investment pockets

3.2.2. Leading winning strategies

  3.2.3 Key Player Positioning

3.3. PORTERS FIVE FORCES OF COMPETITIVE ANALYSIS

 3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.2. Restraints

3.4.3. Opportunities

3.4.4. Impact Analysis

3.5. IMPACT OF COVID-19 ON THIS MARKET

CHAPTER 4 CONNECTED GYM EQUIPMENT MARKET, BY EQUIPMENT TYPE

4.1. SYNOPSIS

4.1.1. Market size and forecast

  4.2. CARDIOVASCULAR TRAINING EQUIPMENT

4.2.1. Key market trends

4.2.2. Growth factors and opportunities

  4.2.3. Market size and forecast

4.3. STRENGTH TRAINING EQUIPMENT

4.3.1. Key market trends

4.3.2. Growth factors and opportunities

  4.3.3. Market size and forecast 

  4.4. OTHER EQUIPMENT

4.4.1. Key market trends

4.4.2. Growth factors and opportunities

  4.4.3. Market size and forecast

CHAPTER 5 CONNECTED GYM EQUIPMENT MARKET, BY END USER

5.1. SYNOPSIS

5.1.1. Market size and forecast

5.2. RESIDENTIAL

5.2.1. Market size and forecast

5.3. GYM & HEALTH CLUBS

5.3.1. Market size and forecast

5.4. COMMERCIAL

5.4.1. Market size and forecast

CHAPTER 6 CONNECTED GYM EQUIPMENT MARKET, BY REGION

6.1 SYNOPSIS

6.2 North America

6.2.1 Key market trends

6.2.2 Competitive scenario

6.2.3 Key growth factors and opportunities

6.2.4 Market size and forecast

6.3 Europe

6.3.1 Key market trends

6.3.2 Competitive scenario

6.3.3 Key growth factors and opportunities

6.3.4 Market size and forecast

6.4 Asia Pacific

6.4.1 Key market trends

6.4.2 Competitive scenario

6.4.3 Key growth factors and opportunities

6.4.4 Market size and forecast

6.5 LAMEA

6.5.1 Key market trends

6.5.2 Key growth factors and opportunities

6.5.3 Market size and forecast

CHAPTER 7 COMPANY PROFILES

  7.1. E-GYM

7.1.1. Company overview

7.1.2. Company snapshot

7.1.3. Product portfolio

7.1.4. Business performance

7.1.5. Key strategic moves and developments

7.2. LES MILLS INTERNATIONAL

  7.2.1. Company overview

7.2.2. Company snapshot

7.2.3. Operating business segments

7.2.4. Product portfolio

7.2.5. Business performance

7.2.6. Key strategic moves and developments

7.3. LIFE FITNESS

7.3.1. Company overview

7.3.2. Company snapshot

7.3.3. Operating business segments

7.3.4. Product portfolio

7.3.5. Business performance

7.3.6. Key strategic moves and developments

7.4. PRECOR

7.4.1. Company overview

7.4.2. Company snapshot

7.4.3. Operating business segments

7.4.4. Product portfolio

7.4.5. Business performance

7.4.6. Key strategic moves and developments

7.5. TECHNOGYM

7.5.1. Company overview

7.5.2. Company snapshot

7.5.3. Operating business segments

7.5.4. Product portfolio

7.5.5. Business performance

7.5.6. Key strategic moves and developments

7.6. DRAPER INC

7.6.1. Company overview

7.6.2. Company Snapshot

7.6.3. Operating business segments

7.6.4. Product portfolio

7.6.5. Business performance

7.6.6. Key strategic moves and developments

7.7. INCLUDEFITNESS INC

7.7.1. Company overview

7.7.2. Company snapshot

7.7.3. Operating business segments

7.7.4. Product portfolio

7.7.5. Business performance

7.7.6. Key strategic moves and developments

7.8. PARADIGM HEALTH & WELLNESS INC.

  7.8.1. Company overview

7.8.2. Company snapshot

7.8.3. Operating business segments

7.8.4. Product portfolio

7.8.5. Business performance

7.8.6. Key strategic moves and developments

7.9. JOHNSON HEALTH TECH CO. LTD

7.9.1. Company overview

7.9.2. Company snapshot

7.9.3. Operating business segments

7.9.4. Product portfolio

7.9.5. Business performance

7.9.6. Key strategic moves and developments

  7.10. NAUTILUS INC

7.10.1. Company overview

7.10.2. Company snapshot

7.10.3. Operating business segments

7.10.4. Product portfolio

7.10.5. Business performance

7.10.6. Key strategic moves and developments


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