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Connected Gym EquipmentMarket Overview by Rising Trends and Demand 2030

Author : databridge12 databridge | Published On : 27 Feb 2024

The report is designed to provide a holistic view of the Connected Gym Equipment Market. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for eac country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.

Data Bridge Market Research analyses that the connected gym equipment market, valued at USD 822.56 million in 2022, will reach USD 5542.19 million by 2030, growing at a CAGR of 26.93% during the forecast period of 2023 to 2030.

Top Companies in the Connected Gym Equipment Market

EGYM (Germany), LES MILLS INTERNATIONAL LTD (New Zealand), Life Fitness (U.S.), Brunswick Corporation (U.S.), Precor (U.S.), Technogym S.p.A. (Italy), Paradigm Health and Wellness (U.S.), Johnson Health Tech (U.S.), Nautilus, Inc. (U.S.), Core Health and Fitness, LLC. (U.S.), Draper, Inc. (U.S.), iFIT Inc.(U.S.), TRUE (Thailand), Nortus Fitness (India) Into Wellness (India), Escape Fitness (U.K.), Watson GYM Equipment (U.K), BEAVERFIT LIMITED (U.S.), Steelflex Fitness (U.K.).

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This report segments the Connected Gym Equipment Market are:
Product Type

  • Body Composition Analyzers

  • Heavy Duty Elite Racks

  • Trademills

  • Stationary cycles

  • Rowing Machines

  • Elliptical

  • Free weights

  • Power Racks

  • Olympic Bars and Collars

  • Benches

  • Dumbbells and Kettlebells

  • Others

Application

  • Weight Loss

  • Body Building

  • Physical Fitness

  • Mental Fitness

  • Others

Gender

  • Male

  • Female

Buyer Type

  • Individual

  • Institution

  • Others

Promotion

Usage

  • Residential

  • Commercial

Type

  • Outdoor

  • Indoor

Equipment Type

  • Cardiovascular Training Equipment

  • Strength Training Equipment

  • Fitness Monitoring Equipment

  • Plate Loaded Equipment

  • Ground Base Equipment

  • Standalone Equipment’s

  • Other Equipment

Distribution Channel

  • Retail Stores

  • Offline

  • Online

  • Specialty and Sports Shops

  • Department and Discount Stores

  • Direct Selling

  • Others

  • Gyms and Clubs

  • Dealers

Connectivity Type

  • Bluetooth

  • Wifi

  • Ethernet

  • RFID/NFC

  • Others

Price Point

  • Low

  • High/Luxury

  • Mild

End User

  • Health Clubs/Gyms

  • Household

  • Hotels

  • Cruise Ships

  • Public Gyms

  • Colleges/University Gyms

  • Corporate Offices

  • Sports Training and Coaching Centers

  • Athlete Training and Coaching Centers

  • Rehabilitation Centers

  • Physiotherapy Centers and Specialty Hospitals

  • Defence Bases

  • Others

  • Commercial

  • Apartments

  • Gym apartments

Drivers

Growing number of athletes competing in athletic events

Exercise helps manage non-communicable diseases such as diabetes, cancer, and cardiovascular disease and significantly positively affects the heart, body, and mind. People worldwide can now compete in sporting events and test their skills at various functional fitness competitions using the results of their hard fitness training. Numerous businesses and fitness-related organizations have taken the initiative to organize multiple outdoor activities and fitness competitions. Men were more likely to participate (20, 7%) than women (18%). This included sports, physical activity, and other active pastimes, creating demand and market expansion.

  • The market is driven by rising health concerns and awareness

Some of the most significant factors that will probably accelerate the growth of the connected gym equipment market in the anticipated timeframe include the rising prevalence of obesity globally, the increase in gyms and fitness clubs, the quick digitalization of the health and fitness industry, the use of smart machines and devices for exercise, and the rise in applications in urban and semi-urban areas. On the other hand, increasing disposable income, rising health and fitness concerns, increasing numbers of fitness gear innovations, and increasing adoption of cutting-edge technology will contribute by creating enormous opportunities that will lead to the growth of the connected gym equipment market in the aforementioned projected timeframe.

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A reliable Connected Gym Equipment Market survey report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winning Connected Gym Equipment Market report.

Significant Features that are under Offering and Key Highlights of the

Reports:

-Detailed overview of Connected Gym Equipment Market
-Changing the Connected Gym Equipment Market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Connected Gym Equipment Market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Connected Gym Equipment Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

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