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The connected gym equipment market is forecasted to grow by USD 4226.95 million during 2023-2028, accelerating at a CAGR of 29.15% during the forecast period. The report on the connected gym equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing smartphone penetration and growing demand for connected gym services, premium pricing of connected devices owing to value-added features, and technological advances in connected gym equipment.
The connected gym equipment market is segmented as below:
By Product
- Cardiovascular training equipment
- Strength training equipment
By End-user
- Residential
- Commercial
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the connected gym equipment market covers the following areas:
- Connected gym equipment market sizing
- Connected gym equipment market forecast
- Connected gym equipment market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global connected gym equipment market: Blue Goji Corp., Body Solid Inc., BowFlex, Clmbr, Core Health and Fitness LLC, Draper Inc., EGYM Inc., FightCamp, Hydrow, Icon Health and Fitness Inc., Johnson Health Tech Co. Ltd., Les Mills International Ltd., Life Fitness, MYXfitness LLC, Nortus Fitness, Paradigm Health and Wellness Inc., Peloton Interactive Inc., TECHNOGYM S.p.A, Tonal Systems Inc., and True Fitness Technology Inc.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is compatibility with different mobile operating systems.'
According to the report, one of the major drivers for this market is the increasing smartphone penetration and growing demand for connected gym services.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Blue Goji Corp.
- Body Solid Inc.
- BowFlex
- Clmbr
- Core Health and Fitness LLC
- Draper Inc.
- EGYM Inc.
- FightCamp
- Hydrow
- Icon Health and Fitness Inc.
- Johnson Health Tech Co. Ltd.
- Les Mills International Ltd.
- Life Fitness
- MYXfitness LLC
- Nortus Fitness
- Paradigm Health and Wellness Inc.
- Peloton Interactive Inc.
- TECHNOGYM S.p.A
- Tonal Systems Inc.
- True Fitness Technology Inc.