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Connected Gym Equipment Market

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Connected Gym Equipment Market

January 21
06:24 2020
Connected Gym Equipment Comprehensive Study by Type (Cardiovascular Training Equipment, Strength Training Equipment, Other Equipment), Application (Residential, Health Clubs/Gyms, Other Commercial Users), Distribution Channel (Online Sale, Offline Sale) Players and Region – Global Market Outlook to 2024

Advance Market Analytics released the research report of Global Connected Gym Equipment Market, offers a detailed overview of the factors influencing the global business scope. Connected Gym Equipment Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Loan Origination Software. This Report covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are Technogym S.p.A (Italy), Precor Incorporated (United States), Les Mills International (India), Johnson Health Tech Co. Ltd. (United States), Life fitness Corporation (United States), IncludeFitness Inc. (United States), Paradigm Health & Wellness Inc.(United States) and eGym GmbH (Germany)

According to the World Health Organization, cardiovascular diseases is one of the major causes of deaths. Organizations in Europe are promoting a healthy lifestyle through sports activities inculcating gym equipment’s. As a result, an increasing number of individuals are actively engaging in physical activities such as signing up for workout programs and packages or just exercising independently. In this context, Connected gym equipment is manufactured which is basically linked to the internet and taps the cloud-based data such as workout goals, health history, and nutritional habits to create personalized exercise plans and track how an individual is performing in the gym.

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Overview of the Report of Connected Gym Equipment

The report also covers segments and Market Data Break down, including major players. If you are involved in the Global Connected Gym Equipment industry or aim to be, then this study will provide you inclusive point of view. This study analyzes the market share, growth rate, market drivers, future trends, restraints, opportunities and challenges.

Market Drivers

  • Growing Health Concerns and Need for an Active Lifestyle
  • Increasing Awareness Regarding Regular Physical Activities
  • Rising Obese Populations and Fitness Enthusiast
  • High Penetration Rate of Smartphones

Market Trend

  • Wi-Fi Enabled Gym Equipment and Adoption of Smart Fitness Wears
  • Rapid Growth in Health Clubs and Gym Centers
  • Growing Urbanization Rate and Demand for Fitness Tracking Devices

Restraints

  • High Cost of Connected Gym Equipment as Compared to Traditional Gym Equipment

Opportunities

  • The Upsurge in Disposable Income of Consumers
  • Improvement in Economic Conditions in Emerging Economies
  • Rising Number of New Start-Up Gyms
  • Introduction of New Connected Gym Devices

Challenges

  • Low Awareness about Connected Gym Equipments in Emerging Economies

Furthermore, the years considered for the study are as follows:

Historical year – 2013-2017

Base year – 2018

Forecast period** – 2019 to 2025 [** unless otherwise stated]

**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.

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The Global Connected Gym Equipment is segmented by following Product Types:

By Type (Cardiovascular Training Equipment, Strength Training Equipment, Other Equipment), Application (Residential, Health Clubs/Gyms, Other Commercial Users), Distribution Channel (Online Sale, Offline Sale)

Top Players in the Market are: Technogym S.p.A (Italy), Precor Incorporated (United States), Les Mills International (India), Johnson Health Tech Co. Ltd. (United States), Life fitness Corporation (United States), IncludeFitness Inc. (United States), Paradigm Health & Wellness Inc.(United States) and eGym GmbH (Germany)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

The study objectives of this report are:

•             To analyze Connected Gym Equipment status, future forecast, growth opportunity, key market and key players.

•             To present the Global Connected Gym Equipment development in United States, Europe and Asia Pacific.

•             To strategically profile the key players and comprehensively analyze their development plan and strategies.

•             To define, describe and forecast the market by product type, market and key regions.

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Strategic Points Covered in Table of Content of Global Connected Gym Equipment Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Connected Gym Equipment market

Chapter 2: Exclusive Summary – the basic information of the Connected Gym Equipment Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Connected Gym Equipment

Chapter 4: Presenting the Connected Gym Equipment Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region 2013-2018

Chapter 6: Evaluating the leading manufacturers of the Connected Gym Equipment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Connected Gym Equipment Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology

The primary sources involves the industry experts from the Global Connected Gym Equipment Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author:

Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies’ revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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