The global connected gym equipment market size is expected to reach $1,048 million by 2023, registering a CAGR of 31.1% during the forecast period. Gym equipment connected to a software or application that records the workout of an individual and displays the data is called connected gym equipment. Connected gym equipment are set automatically, following an initial adjustment, to prevent incorrect and potentially harmful seating positions. Exercise station has a touch-operation screen, which displays the optimal sequence of movements.
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The equipment is connected to the internet and automatically transmits all training data to the trainers app. Thus, it helps to keep a track of workout goals, create personalized exercise plans, and record health history.
According to International Health, Racquet, and Sportsclub Association (IHRSA), in 2014, the number of fitness club memberships in the U.S. increased to 54.1 million, from 51.4 million in 2011. Rise in fitness consciousness and increase in level of health awareness is expected to significantly drive the connected gym equipment market. Improved lifestyle, coupled with rise in disposable income of individuals accelerates the market growth. However, high cost of connected gym equipment majorly restricts the market. Growth in fitness industry in Asia-Pacific is expected to open new avenues for the market players.
Some of the key players of Connected Gym Equipment Market:
eGym, Les Mills International, Life fitness, Precor, Technogym, Draper Inc., IncludeFitness Inc., Paradigm Health & Wellness Inc., Johnson Health Tech Co. Ltd., and Nautilus Inc.
The Global Connected Gym Equipment Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Connected Gym Equipment market based on product and application. It also provides market size and forecast till 2023 for overall Connected Gym Equipment market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments.
Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Connected Gym Equipment Market Size
2.2 Connected Gym Equipment Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Connected Gym Equipment Market Size by Manufacturers
3.2 Connected Gym Equipment Key Players Head office and Area Served
3.3 Key Players Connected Gym Equipment Product/Solution/Service
3.4 Date of Enter into Connected Gym Equipment Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Connected Gym Equipment Sales by Product
4.2 Global Connected Gym Equipment Revenue by Product
4.3 Connected Gym Equipment Price by Product
5 Breakdown Data by End User
5.2 Global Connected Gym Equipment Breakdown Data by End User
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