Global Fitness Equipment Market, By Type (Cardiovascular Training Equipment (Treadmills, Elliptical Trainers, Stationary Cycles, Rowing Machines, Stair Steppers, Others), Strength Training Equipment (Single Stations, Plate Loaded Equipment, Free Weights, Benches and Racks, Multistations, Accessories), Body Composition Analyzers (Bioimpedance Analyzer, Skinfold Caliper, Dual Emission X-Ray Absorptiometry (Dexa), Hydrostatic Weighing, Air Displacement Plethysmography), Fitness Monitoring Equipment), By End-User (Health Clubs, Gyms, Home Settings, Corporate Settings, Apartments, Hotels, Hospitals, Clinics), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa, Rest of the World) – Industry Trends and Forecast to 2024.
Global fitness Equipment market is expected to reach USD 15.75 billion by 2024 from USD 11.69 billion in 2016, at a CAGR of 3.8% in the forecast period 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The global fitness equipment market is segmented on the basis of type, end-user and geography.
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Based on type fitness market is segmented into cardiovascular training equipment which is sub segmented into treadmills, elliptical trainers, stationary cycles, rowing machines, stair steppers, others. Strength training equipment which is sub segmented into single stations, plate loaded equipment, free weights, benches and racks, multistations, accessories.
On the basis of end users Health Clubs, Gyms, Home Settings, Corporate Settings, Apartments, Hotels, Hospitals, Clinics.
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On the basis of geography the market is segmented into 5 regions North America, Europe, Asia-Pacific, South America, Middle East and Africa, Rest of the World. The regions are further segmented into 15 chief countries such as US, Mexico, Canada, India, China, Japan, Korea, Southeast Asia, and Brazil. In 2017, North America is expected to dominate the fitness equipment market with 41.6% market share followed by Europe and APAC. Nevertheless the APAC region is expected to grow at the highest CAGR of 6.8% in the forecast period 2017 to 2024. The report includes company share data for different geographies including Global, North America, Europe and APAC.
Global players operating in this market are are Cybex International Inc., Amer Sports Corporation, Johnson Health Tech Co. Ltd., Technogym, Torque Fitness LLC, Precor Incorporated, Brunswick Corporation, Icon Health and fitness, Paramount Fitness Corporation, Precor, Motus, Nantong Yida Sports, GE Healthcare, Northern Lights, Bodystat, Jawon Medical Co., Ltd, Omran Health Care, SCHNELL Trainingsgerate, cosmed, Life Fitness, Impulse health Tech Ltd., Tonic fitness Technology.
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