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Fitness Equipment Market to hit $14 billion-mark by 2024: Statistics Report

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Strength training machines in the fitness equipment market are gaining popularity among youngsters and fitness experts. This growth is attributed to reasonable machinery costs and the high-quality of the products offered by manufacturers.

— The Europe fitness equipment market is expected to grow rapidly over the coming years due to increased consumer awareness about health & fitness in countries including Germany, Italy, and others. Rising issues of obesity and heart diseases in the European countries create the need for these products. Additionally, the increasing penetration of private and public health clubs in the region accelerates the market demand. The U.S. market is experiencing high growth due to flexible government policies and programs for spreading awareness related to the physical fitness activities.

The Asia Pacific fitness equipment market is witnessing a high growth owing to the rise in the development of several health clubs and gyms in several application segments. Rising obese population and increasing disposable income of individuals in the region offer significant growth opportunities to the industry Such factors encourage the public to focus on health conditions, driving the adoption of several advanced machines and providing an impetus to the market growth.

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Cardiovascular machines are witnessing a high adoption in several application areas due to the increased heart problems faced by people. These machines include exercise bikes, treadmills, and elliptical machines, which help users in burning the calories consumed, eliminating the occurrence of heart attacks and diabetes. Moreover, these machines are being integrated with advanced systems, allowing users to track several health parameters.

Home fitness equipment market is predicted to witness developments over the forecast timespan due to the increasing deployment of these machines in residential settings. A transition in the living standard of consumers and increased spending on maintaining a healthy lifestyle support the inclination toward using fitness machinery. Furthermore, public and societal gyms in modern housing societies and government infrastructures accelerate the product demand.

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Strength training machines in the fitness equipment market are gaining popularity among youngsters and fitness experts. This growth is attributed to reasonable machinery costs and the high-quality of the products offered by manufacturers. The major factors adding up to the demand for these products are technical innovations and the incorporation of smart technologies in the conventional machines.

Key players operating in the fitness equipment market are Amer Sports Corporation, Johnson Health Tech, Icon Health & Fitness, Brunswick Corporation, Technogym S.p.A., True Fitness, Torque Fitness, and Nautilus, Inc., among others. The players are offering advanced monitoring and tracking health status systems to customers.

Browse key industry insights spread across 452 pages with 945 market data tables & 25 figures & charts from the report, “Fitness Equipment Market Size By Equipment (Cardiovascular [Elliptical Machines, Treadmills, Exercise Bikes, Climbers], Strength Training [Weight-Lifting Equipment, Weights, Barbells & Ladders, Extension Machines, Power Racks]), By End-Use (Home, Health Clubs, Office, Hotel), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, France, Spain, China, India, Japan, South Korea, Australia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 - 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/fitness-equipment-market-report

Table of Contents (ToC) of the report:
Chapter 5 Fitness Equipment Market, By End-Use
5.1 Key trends by end-use
5.2 Home
5.2.1 Market estimates and forecast, 2013 - 2024
5.2.2 Market estimates and forecast, by region, 2013 - 2024
5.3 Health Club
5.3.1 Market estimates and forecast, 2013 - 2024
5.3.2 Market estimates and forecast, by region, 2013 - 2024
5.4 Office
5.4.1 Market estimates and forecast, 2013 – 2024
5.4.2 Market estimates and forecast, by region, 2013 - 2024
5.5 Hotel
5.5.1 Market estimates and forecast, 2013 - 2024
5.5.2 Market estimates and forecast, by region, 2013 - 2024
Browse Full Table of Contents (ToC) @ https://www.gminsights.com/toc/detail/fitness-equipment-market-report

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Website: https://www.gminsights.com/pressrelease/fitness-equipment-market-size

Source URL: https://marketersmedia.com/fitness-equipment-market-to-hit-14-billion-mark-by-2024-statistics-report/512844

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Release ID: 512844

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