Global Fitness Equipment Market poised to grow at 3.8% till 2024

According to Data Bridge Market Research new Market report 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.”, is projected to reach USD 15.75 billion by 2024, at a CAGR of 3.8% during the forecast period from 2017 to 2024.

Global Fitness Equipment MarketAccess Full Report: https://databridgemarketresearch.com/reports/fitness-equipment-market-trends-forecast-2024/

The market concern towards fitness has given a great market opportunity to the manufacturers of fitness equipments. Earlier only fitness or gym centers were the clients of fitness equipments, but nowadays with increasing acceptance of home and commercial centers purchasing fitness equipment, the market is expected to grow swiftly. Now colleges and corporate offices also have a gym centers for their students and employees respectively.

Treadmills, stationary cycles, stairs stepper, rowing machines, Free weights are the most preferred tools for body building and cardiovascular fitness by consumers.

Market Segmentation: Fitness Equipment Market

The global fitness equipment market is segmented on the basis of type, end-user and geography.

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.

The market is also segmented on the basis of end users Health Clubs, Gyms, Home Settings, Corporate Settings, Apartments, Hotels, Hospitals, Clinics.

The mounting population is the other reason for the swift escalation of fitness equipment market. Fitness equipment has a varying demand with the age demographics creating a great opportunities for the fitness equipments.

Geographical Segmentation: Fitness Equipment Market

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.

Competitive Landscape: Fitness Equipment Market

Major players in this market 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.

Browse Related Reports:

Body Composition Analyzers Market, By Product (Bioimpedance Analyzer, Skinfold Caliper, Dual Emission X-Ray Absorptiometry (Dexa), Hydrostatic Weighing, Air Displacement Plethysmography), By End-User (Private Clinics, Offices, Health Clubs, Hospitals, Others), By Geography (North America, Europe, Asia-Pacific, South America, Rest of the World) – Trends and Forecast to 2022 Body Composition Analyzers Market, By Product (Bioimpedance Analyzer, Skinfold Caliper, Dual Emission X-Ray Absorptiometry (Dexa), Hydrostatic Weighing, Air Displacement Plethysmography), By End-User (Private Clinics, Offices, Health Clubs, Hospitals, Others), By Geography (North America, Europe, Asia-Pacific, South America, Rest of the World) – Trends and Forecast to 2022

https://databridgemarketresearch.com/reports/global-body-composition-analyzers/

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