Global Commercial Gym Equipment Market Overview:
Nowadays, physical fitness is considered to be a very important factor in order to maintain a healthy lifestyle. The gym equipment helps to work different muscles in the body. A number of fitness machines which help to stay in shape which includes weight lifting, treadmills, cross-trainers, as well as spinning bikes, rowing machines among others. Gym equipment is meant to assist in improving and optimizing fitness within athletes and other people. Some of the key players profiled in the study are 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).
On the basis of geography, the market of Commercial 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 Commercial 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 Commercial Gym Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Number of Fitness Club and Gym
- Rising Number of Obese Population
- Growing Online Distribution Channel
- High-Cost Associated with Gym Equipment
- Growing Acceptance in Millennials
- Rising Adoption of Yoga and Other Fitness Exercises
Major Objectives Focused through this Study To define, describe, and forecast the Global Commercial Gym Equipment market on the basis of product [Treadmills, Ellipticals, Exercise Bikes, Upper Ergometer and Others] , application [Gym, School, Community, Sports Center and Other], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Commercial Gym Equipment market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Commercial Gym Equipment industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Commercial Gym Equipment market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.