Scope of the Study
Treadmill is an equipment used in a gym for running while staying in the same place. Earlier it was also used for the punishment of hard labour in prisons. It provides with a moving conveyer belt operated by electric motor. Treadmill is available in manual and motorized form and used in commercial and residentially. Rising obesity and health awareness is driving the market.
The market study is being classified by Type (Manual, Motorized and Hybrids), by Application (Residential and Commercial) and major geographies with country level break-up.
Icon (United States), BH Fitness (Malaysia), Dyaco (Taiwan), Reebok (United States), Aeon (Japan), Lionfitness (Brazil), Sole Fitness (United States), Yowza Fitness (United States), Shuhua Sports Co. Ltd. (China) and Johnson Fitness (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Precor (United States), Head (Netherlands) and Impulse (Luxembourg).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Treadmill market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Treadmill market by Type, Application and Region.
On the basis of geography, the market of Treadmill 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 Distribution, the sub-segment i.e. Online will boost the Treadmill market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Health Awareness by the People
- Promotion of Health and Fitness by the Government
- Growing Sports and Fashion Industry
Market Trend
- Improving Lifestyle among the People
- Development of New Technology in the Fitness Equipment
Restraints
- High Costs Associated with the Product Is Affecting the Market Negatively
Opportunities
- Rising Disposable Income in Developing Countries
- Growing Acceptance in People
Challenges
- Rising Adoption of Other Fitness Exercises
Market Leaders and their expansionary development strategies
In 2019, Dyco International has Announced a New Global Partnership Agreement with Gym80 in a Strategic Move to Strengthen the Commercial Offering of Both Companies to Fitness and Medical Markets
2019, Dyco International is Set to Launch a New Line of Specialty Medical and Rehabilitation Fitness Equipment under a Brand Licensing Agreement with Philips
Key Target Audience
Fitness Club, Hotels, Corporate Office, Downstream Vendors, Government Organizations, Research Organizations, Market Research and Consulting Companies and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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