GAITHERSBURG, Maryland, May 28, 2020 /PRNewswire/ -- According to Stratistics MRC, the Global Home Fitness Equipment Market is expected to grow at a CAGR of 6.0% during the forecast period.
Some of the key players profiled in the Home Fitness Equipment Market include TRUE Fitness Technology Inc, Torque Fitness LLC, Technogym SpA, Precor Inc, NordicTrak, Nautilus Inc, Johnson Health Tech Co, Impulse (Qingdao) Health Tech Co Ltd, Icon Health & Fitness Inc, Core Health and Fitness LLC, Brunswick Corporation and Amer Sports.
Rising fitness-conscious among individuals and product advancements by the key players to enable home-based workouts are the major factors driving the market growth. However, high price of the equipment and lack of a cardiovascular element are restraining the market growth.
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Home Fitness equipment comprises of machines for exercise and devices that help in observing physical exercises or activities. These equipments help in weight management, improving stamina, developing muscular strength, and furthermore in managing a couple of medical issues. Some of the regularly utilized equipments are treadmills, stair climbers, weightlifting machines, and stationary bicycles.
Based on distribution channel, online channels segment is likely to have a huge demand as it offers manufacturers the opportunity to arrive at more clients without having to spend on costly sales and distribution infrastructure.
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By geography, North America is going to have a lucrative growth during the forecast period due to growing awareness about healthy lifestyles and higher disposable income. There is a rise in trend of wearable's for self-observing and virtual gathering exercises in the region.
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Distribution Channels Covered:
- Offline Channels
- Online Channels
Products Covered:
- Cardiovascular Training Equipment
- Elliptical Machines
- Interactive Fitness Equipment
- Rowing Machines
- Stationary Cycles
- Strength Training Equipment
- Treadmills
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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Organization: Stratistics Market Research Consulting Pvt Ltd
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Website: https://www.strategymrc.com
SOURCE Stratistics Market Research Consulting Pvt Ltd
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