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Rowing Machine Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5928917

Rowing Machine Trends and Forecast

The future of the global rowing machine market looks promising with opportunities in the residential and commercial markets. The global rowing machine market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increasing number of specialized gyms, rising awareness of physical activity and growing concern for healthy weight among millennials, along with the growing online sale of rowing machines.

Rowing Machine by Segment

The study includes a forecast for the global rowing machine by type, weight capacity, resistant level, end use, and region.

Rowing Machine Market by Type [Shipment Analysis by Value from 2018 to 2030]

  • Air
  • Water
  • Magnetic
  • Hydraulic

Rowing Machine Market by Weight Capacity [Shipment Analysis by Value from 2018 to 2030]

  • 300 To 499 Pounds
  • 200 To 249 Pounds
  • 100 To 199 Pounds
  • Under 100 Pounds

Rowing Machine Market by Resistant level [Shipment Analysis by Value from 2018 to 2030]

  • Less Than 24
  • More Than 24

Rowing Machine Market by End Use [Shipment Analysis by Value from 2018 to 2030]

  • Residential
  • Commercial
  • Others

Rowing Machine Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Rowing Machine Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rowing machine companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rowing machine companies profiled in this report include-
  • BODYCRAFT
  • Johnson Health Tech
  • Nautilus
  • Mr Captain Brand
  • Stamina Product
  • Sunny Health and Fitness
  • iFIT
  • York Fitness
  • Infiniti
  • Concept2

Rowing Machine Market Insights

The publisher forecasts that hydraulic will remain the largest segment over the forecast period because they are affordable, and using rowing machine technology, humans are unable to draw straight lines.

North America will remain the largest region over the forecast period due to increase in the number of fitness clubs and the demand for rowing machines.

Features of the Global Rowing Machine Market

  • Market Size Estimates: Rowing machine market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Rowing machine market size by various segments, such as type, weight capacity, resistant level, end use, and region in terms of value ($B).
  • Regional Analysis: Rowing machine market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different type, weight capacity, resistant level, end use, and regions for the rowing machine market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rowing machine market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the rowing machine market size?
Answer: The global rowing machine market is expected to reach an estimated $1.9 billion by 2030.

Q2. What is the growth forecast for rowing machine market?
Answer: The global rowing machine market is expected to grow with a CAGR of 5.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the rowing machine market?
Answer: The major drivers for this market are increasing number of specialized gyms, rising awareness of physical activity and growing concern for healthy weight among millennials, along with the growing online sale of rowing machines.

Q4. What are the major segments for rowing machine market?
Answer: The future of the global rowing machine market looks promising with opportunities in the residential and commercial markets.

Q5. Who are the key rowing machine market companies?
Answer: Some of the key rowing machine companies are as follows:
  • BODYCRAFT
  • Johnson Health Tech
  • Nautilus
  • Mr Captain Brand
  • Stamina Product
  • Sunny Health and Fitness
  • iFIT
  • York Fitness
  • Infiniti
  • Concept2
Q6. Which rowing machine market segment will be the largest in future?
Answer: The publisher forecasts that hydraulic will remain the largest segment over the forecast period because they are affordable, and using rowing machine technology, humans are unable to draw straight lines.

Q7. In rowing machine market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increase in the number of fitness clubs and the demand for rowing machines.

Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the rowing machine market by type (air, water, magnetic, and hydraulic), weight capacity (300 to 499 pounds, 200 to 249 pounds, 100 to 199 pounds, and under 100 pounds), resistant level (less than 24 and more than 24), end use (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Rowing Machine Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Rowing Machine Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Rowing Machine Market by Type
3.3.1: Air
3.3.2: Water
3.3.3: Magnetic
3.3.4: Hydraulic
3.4: Global Rowing Machine Market by Weight Capacity
3.4.1: 300 to 499 Pounds
3.4.2: 200 to 249 Pounds
3.4.3: 100 to 199 Pounds
3.4.4: Under 100 Pounds
3.5: Global Rowing Machine Market by Resistant level
3.5.1: Less Than 24
3.5.2: More Than 24
3.6: Global Rowing Machine Market by End Use
3.6.1: Residential
3.6.2: Commercial
3.6.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Rowing Machine Market by Region
4.2: North American Rowing Machine Market
4.2.1: North American Rowing Machine Market by End Use: Residential, Commercial, and Others
4.3: European Rowing Machine Market
4.3.1: European Rowing Machine Market by Type: Air, Water, Magnetic, and Hydraulic
4.3.2: European Rowing Machine Market by End Use: Residential, Commercial, and Others
4.4: APAC Rowing Machine Market
4.4.1: APAC Rowing Machine Market by Type: Air, Water, Magnetic, and Hydraulic
4.4.2: APAC Rowing Machine Market by End Use: Residential, Commercial, and Others
4.5: ROW Rowing Machine Market
4.5.1: ROW Rowing Machine Market by Type: Air, Water, Magnetic, and Hydraulic
4.5.2: ROW Rowing Machine Market by End Use: Residential, Commercial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Rowing Machine Market by Type
6.1.2: Growth Opportunities for the Global Rowing Machine Market by Weight Capacity
6.1.3: Growth Opportunities for the Global Rowing Machine Market by Resistant level
6.1.4: Growth Opportunities for the Global Rowing Machine Market by End Use
6.1.5: Growth Opportunities for the Global Rowing Machine Market by Region
6.2: Emerging Trends in the Global Rowing Machine Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Rowing Machine Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Rowing Machine Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BODYCRAFT
7.2: Johnson Health Tech
7.3: Nautilus
7.4: Mr Captain Brand
7.5: Stamina Product
7.6: Sunny Health and Fitness
7.7: iFIT
7.8: York Fitness
7.9: Infiniti
7.10: Concept2

Companies Mentioned

  • BODYCRAFT
  • Johnson Health Tech
  • Nautilus
  • Mr Captain Brand
  • Stamina Product
  • Sunny Health and Fitness
  • iFIT

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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