Fitness equipment consist of machines for workout and devices that help in monitoring physical exercises. These equipments help in weight management, improving stamina, developing muscular strength, and also in dealing with a few medical issues.Â
The increasing awareness about the importance of health and fitness is one of the primary growth factors for this market. Consumers are increasingly becoming aware of the importance of exercising and regarding the availability of new and advanced equipment. To increase customer awareness, vendors in this market have started using interactive videos and pages on social media channels that enables the customers to get proper guidance directly from the experts. Fitness professionals provide a variety ofÂ fitness toolsÂ such as workout routines, workout calculators, and training tips to a variety of people with varying levels of fitness. The increasing initiatives taken by the vendors to educate people about fitness will significantly contribute to the growth of this market.
The Americas is expected to be the major revenue contributor to this market throughout the forecast period. This region accounts for a large number of health-conscious people who can afford home fitness equipment. The market's growth in the region is influenced by the increasing incidence of age-related health issues.
The global Home Fitness Equipment market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Home Fitness Equipment market based on company, product type, end user and key regions.
This report studies the global market size of Home Fitness Equipment in key regions like North America, Europe, Asia Pacific, Central and South America and Middle East and Africa, focuses on the consumption of Home Fitness Equipment in these regions.
This research report categorizes the global Home Fitness Equipment market by top players/brands, region, type and end user. This report also studies the global Home Fitness Equipment market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Johnson Health Tech
HOIST Fitness Systems
Market size by Product
Cardiovascular Training Equipment
Strength Training Equipment
Market size by End User
Market size by Region
Central and South America
Rest of Central and South America
Middle East and Africa
The study objectives of this report are:
To study and analyze the global Home Fitness Equipment market size (value and volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Home Fitness Equipment market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Home Fitness Equipment companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Home Fitness Equipment submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Home Fitness Equipment are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Home Fitness Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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