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03-May-2023

Fitness Equipment Market Expected to Grow USD 17,580.99 Million by 2030, Rising Applications, Revolutionary Trends, Potential Growth and More

Data Bridge Market Research Published Latest Fitness Equipment Market Study with an in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. By following several steps of collecting and analyzing market data, this finest market research report is structured by expert team. This Fitness Equipment Market report highlights key market dynamics of the sector and encompasses historic data, present market trends, environment, technological innovation, upcoming technologies, and technical progress in the related industry. Moreover, the Hepatocellular Carcinoma Drugs report also contains all the information including market definition, classifications, key developments, applications, and engagements while detailing the actions of key players with respect to product launches, joint ventures, developments, mergers, and acquisitions and effects of the same in terms of sales, import, export, revenue and CAGR values.

Data Bridge Market Research analyzes that the global fitness equipment market is expected to reach the value of USD 17,580.99 million by 2030, at a CAGR of 7.0% during the forecast period. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.

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Some of the major players operating in the Fitness Equipment Market are:

TECHNOGYM S.p.A, Core Health & Fitness, LLC, Seca, Brunswick Corporation, ICON Health & Fitness, Nautilus, Inc., Omron Healthcare, Inc., Cybex International, Inc.,  Life Fitness, Precor Incorporated, Schnell Trainigsgerate GmbH, Johnson Health Tech, TRUE,  Impulse (Qingdao) Health Technology Co., Ltd.., Amer Sports, GENERAL ELECTRIC, HOIST Fitness Systems, JERAI FITNESS PVT LTD., Kettler, Torquo Fitness, Tunturi New Fitness, COSMED srl, and Tanita Corporation of America, Inc., among others.

Global Fitness Equipment Market Dynamics:

Drivers

  • Growing Number of People Involved in Physical Activities Competitions

Physical activity has significant health benefits for the heart, body, and mind, and exercise helps prevent and manage non-communicable diseases such as cardiovascular disease, cancer, and diabetes. Nowadays, people worldwide can take their hard fitness training results to competitive tournaments and test their skills at various functional fitness events.

  • Covid-19 Pandemic Resulted in a Rising Demand for Home Fitness Equipment

The COVID-19 pandemic has had a substantial positive impact on the fitness equipment sector. The pandemic has imposed new norms and regulations, such as social distancing and lockdowns, to prevent the spread of the virus. As a result, people worldwide were forced to stay at home, which led to new trends such as working at home. The growing popularity of home workouts has increased the demand for exercise equipment during the pandemic.

Opportunity

  • Growing Penetration of E-Commerce Platforms, The Internet, and Smartphones

People in today’s world require a smart phone for communication, buying groceries taking consultation check-up with doctors, to be aware of self-fitness. Many people can’t think or imagine their life without smartphones. People want to get fit by home based methodology in their comfort rather than following up in the gyms and fitness clubs.

Fitness Equipment Market Regional Analysis/Insights:

The major countries covered in the Fitness Equipment Market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific has witnessed the highest growth for Fitness Equipment Market throughout the forecasted period due to the developing number of R&D activities attempted by the companies in the region to create effective treatments for treating of hepatocellular carcinoma.

North America dominates the market due to the presence of key manufacturers of the product and treatment processes.

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Recent Developments

  • In September 2022, Nautilus, Inc., an innovation leader in home fitness, announced the launch of the Bowflex BXT8J treadmill with JRNY adaptive fitness app compatibility at select online and in-store retail partners providing customers with a complete fitness solution at an affordable price point. The Bowflex BXT8J treadmill offers high-performance cardio and the ability to pair the user’s device to the JRNY adaptive fitness app. This has helped company to expand its product portfolio
  • In June 2022, Johnson Health Tech announced acquisition of the fitness division of Cravatex Brands Limited, a prior distributor for Johnson Health Tech, have become first fitness equipment company to have a wholly-owned subsidiary in India. With its continued investment in product development, manufacturing expertise, Johnson Health Tech upgraded the fitness industry. This has helped company to expand its business

It’s in your best interest to take this report into consideration because:

Strong and extensive research methods were used to construct this study. The thoroughness and precision of the market reports produced by Data Bridge Market Research have earned them a great reputation.

  • A complete picture of the competitive scenario of Fitness Equipment Market is depicted by this report.
  • The wide range of research on how these innovations may affect market expansion in the future.
  • The report’s findings are presented in an approachable format, with accompanying visuals (such as histograms, bar graphs, pie charts, etc.) that make the data readily digestible.
  • The potential, threats, and difficulties in the Fitness Equipment Market, as well as the factors driving and restraining it, are discussed at length.
  • It gives an all-encompassing evaluation of the anticipated conduct of the future market and the changing market condition.
  • This study provides a number of strategic business approaches to assist you in making educated business decisions.

Table of Contents:

Introduction

Market Segmentation

Executive Summary

Premium Insights

Global Fitness Equipment Market: Route of Administration

Market Overview

Global Fitness Equipment Market, By Type

Global Fitness Equipment Market, By Size

Global Fitness Equipment Market, By Application

Global Fitness Equipment Market, By End User

Global Fitness Equipment Market, By Region

Global Fitness Equipment Market: Company Landscape

SWOT Analyses

Company Profile

Questionnaires

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Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=fitness-equipment-market

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Last Updated: 03-May-2023