New York, December 8, 2022 /PR Newswire/ — Global Connected Gym Equipment Market is classified as part of the global leisure products market. The parent market, the global leisure products market, covers a variety of categories such as sporting goods, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer games. The growth of this market is driven by factors such as increasing number of health and fitness club memberships and growing awareness of the benefits of a healthy lifestyle.
of Connected gym equipment market size is US$16,348.77 million According to Technavio, the market is estimated to grow at a CAGR of 28.15% during the forecast period. Download sample
Connected Gym Equipment Market 2023-2027: Scope
The Connected Gym Equipment Market report covers the following areas:
Connected Gym Equipment Market 2023-2027: Vendor Landscape
The global connected gym equipment market is highly competitive with major vendors as well as smaller players. Vendors compete for market share based on product differentiation, pricing, product portfolio, and value-added services. Therefore, to survive and thrive in a highly competitive environment, it becomes imperative for market vendors to differentiate their product and service offerings through a clear and unique value proposition. Major players are also focusing on their marketing strategies. Promotional activities by suppliers and manufacturers lead to increased sales. Therefore, vendors in the market partner with various distributors in developing countries.
Blue Goji Corp., Clmbr, Cosco India Ltd., Draper Inc, EGYM Inc., FightCamp, Hydrow, iFIT Health and Fitness, Johnson Health Tech Co. Ltd., Les Mills International Ltd., Life Fitness, MYXfitness LLC, Nautilus Inc ., Precor Inc., SoulCycle, TECHNOGYM SpA, Tonal Systems Inc., True Fitness Technology Inc., Paradigm Health and Wellness Inc., and Body Solid Inc. are some of the key market players.
Connected Gym Equipment Market 2023-2027: Competitive Analysis
Competitive scenarios categorize companies based on various performance indicators. Factors considered include company financial performance, growth strategies, product innovations, new product launches, investments, market share growth, etc. buy report
Connected Gym Equipment Market 2023-2027: Segmentation
The residential segment will account for a large share of the market growth during the forecast period. Consumers’ busy schedules are driving demand for connected gym equipment in the residential segment. Affluent consumers are the primary users of connected gym equipment.
North America estimated to account for 35% of market growth during the forecast period. The United States is the leading market for the connected gym equipment market. North AmericaThe prevalence of smartphones and the prevalence of the internet have increased the demand for connected gym equipment. Hence, increasing demand for such equipment will drive market growth during the forecast period.
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What are the key data covered in this article Connected gym equipment market report?
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CAGR of the market during the forecast period
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Detailed information on the factors driving the growth of the connected gym equipment market from 2023 to 2027
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Accurate Estimation of Connected Gym Equipment Market Size and Contribution to Parent Market
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Accurate prediction of upcoming trends and changes in consumer behavior
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Growing Connected Gym Equipment Market Across Asia-Pacific, North America, Europe, middle east When AfricaWhen South America
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In-depth analysis of market competitive landscape and vendor details
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Comprehensive analysis of factors that will challenge the growth of the connected gym equipment market vendors
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Market scope of connected gym equipment |
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report coverage |
detail |
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page number |
155 |
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base year |
2022 |
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history year |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth Momentum and CAGR |
Accelerate at a CAGR of 28.15% |
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Market growth 2023-2027 |
US$16,348.77 million |
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market structure |
concentrated |
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Year-over-year growth rate (%) from 2022 to 2023 |
27.56 |
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Regional analysis |
North America, APAC, Europe, South America, Middle East, Africa |
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Execution of market contribution |
North America 35% |
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Main consumption country |
USA, China, Japan, UK, France |
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competitive environment |
Major companies, vendor market positioning, competitive strategies, industry risks |
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Company Profiled |
Blue Goji Corp., Clmbr, Cosco India Ltd., Draper Inc, EGYM Inc., FightCamp, Hydrow, iFIT Health and Fitness, Johnson Health Tech Co. Ltd., Les Mills International Ltd., Life Fitness, MYXfitness LLC, Nautilus Inc , Precor Inc., SoulCycle, TECHNOGYM SpA, Tonal Systems Inc., True Fitness Technology Inc., Paradigm Health and Wellness Inc., Body Solid Inc. |
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market dynamics |
parent market analysis; market growth drivers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period. |
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Customization range |
If the data you’re looking for isn’t in the report, contact an analyst to customize the segment. |
View Technavio’s Consumer Discretionary Market Report
table of contents:
1.executive summary
2 Market Outlook
3 Market size
4 Historical market size
5 Five Forces Analysis
6 Market Segmentation by End User
Market Segmentation by 7 Products
8 Customer Situation
9 Geographical landscape
10 drivers, challenges and trends
11 Vendor Landscape
12 vendor analysis
13 Appendix
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