About Gym Equipment
Gym equipment is used for developing muscular strength result in improved metabolisms, improving physical stamina and managing weight. There has been a significant rise in the number of people joining fitness centers with a figure stood up to 62 million in the United States alone in 2018, the future for gym equipment looks promising. Cardiovascular gym equipment is dominating the market owing to the increasing prevalence of diseases such as diabetes, osteoarthritis, cardiovascular disease as it helps in reducing excess body fat and regulate heart rate. 
| Attributes | Details | 
|---|
| Study Period | 2020-2032 | 
| Base Year | 2024 | 
| Unit | Value (USD Million) | 
| CAGR | 3.95% | 
Gym equipment market is fragmented owing to number of players present in the market. Rising awareness about health and fitness supplementing the growth of gym equipment market. Further, growing number of health and fitness centers globally propelling the gym equipment market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Gym Equipment market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Planet Fitness Inc. (United States), Life Fitness, Inc. (United States), Body-Solid Inc. (United States), Yowza fitness (United States), Technogym SPA (Italy), Precor Incorporated (United States), Paramount Fitness Corp. (United States), NordicTrack Inc. (United States), Cybex International Inc. (United States), Body by Jake Global LLC (United States), Nautilus Inc. (United States), ICON Health & Fitness Inc. (United States), Fitness International LLC (United States), Johnson Health Tech (United States), Elliptigo Inc. (United States), Torque Fitness LLC (United States) and Burnswick Corp. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Cybex International Inc. (United States), Burnswick Corp. (United States), Elliptigo Inc. (United States) and Technogym SPA (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Gym Equipment market by Type (Cardiovascular Training Equipment, Strength Training Equipment and Others), Application  (Home consumers, Health clubs / gyms, Hotel gym, Medical centers / hospitals and Others)  and Region.  
On the basis of Type, Cardiovascular Equipment are dominating the market in the year 2024On the basis of geography, the market of Gym Equipment has been segmented into  South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).  If we see Market by  Strength Equipment, the sub-segment i.e. Weight Lifting Machines will boost the Gym Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users , the sub-segment i.e. Home Consumer will boost the Gym Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by  Cardiovascular Equipment, the sub-segment i.e. Treadmill will boost the Gym Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Inclination towards Cardiovascular Equipment and Growing Online Distribution Channel
Market Growth Drivers:
Increasing Number of Fitness Club and Gym, Rising Number of Obese Population and Growing Sports Culture and Fashion Industry
Challenges:
Rising Adoption of Yoga and Other Fitness Exercises
Restraints:
High-Cost Associated with Fitness Instruments
Opportunities:
Growing Acceptance in Millennials and Growing Awareness Regarding Weight Management
Key Target Audience
Fitness Club, Hotels, Hospitals, Corporate office, Downstream Vendors, Government organizations, Research Organizations, Market Research and Consulting Companies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global. 
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.