When the gym equipment is connected to an application, which records the workouts and displays the data about workouts, then it is called connected gym equipment. Fitness enthusiasts prefer the connected gym equipment as they can track their performance; this factor is also gaining demand for the connected gym equipment market. The connected gym equipment monitors the performance of the user so that they can improve their performance. In addition, the increasing number of fitness club boosting the demand for connected gym equipment market.
Rise in fitness awareness, and increasing in the level of health awareness, rising demand for the connected gym equipment. The connected gym equipment is gaining popularity owing to benefits that it collects, stores data on the server, which accessible from anywhere. The small health club not upgrading its system due to its high cost that is the key hindering factor for the growth of the connected gym equipment market. Fitness club adopting the latest technology for attracting the new customers that are also growing the market demand of the connected gym equipment market.
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Leading Key Players:
- Cybex International
- Draper, Inc.
- eGym GmbH
- Johnson Health Tech Co., Ltd.
- Les Mills International
- Life Fitness
- Nautilus, Inc.
- Precor Incorporated
- Technogym S.p.A
The reports cover key developments in the connected gym equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from connected gym equipment are anticipated to lucrative growth opportunities in the future with the rising demand for connected gym equipment in the global market.
The “Global Connected Gym Equipment Analysis to 2027” is a specialized and in-depth study of the connected gym equipment with a special focus on the global market trend analysis. The report aims to provide an overview of connected gym equipment market with detailed market segmentation by type, end-user and geography. The global connected gym equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading connected gym equipment market players and offers key trends and opportunities in the connected gym equipment market.
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The global connected gym equipment market is segmented on the basis of type and end-user. On the basis of type the market is segmented as cardiovascular training, strength training, others. On the basis of end-user the market is segmented as residential, gym, other commercial user.
The report analyzes factors affecting connected gym equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the connected gym equipment market in these regions.
Reason to Buy:
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global connected gym equipment Market
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– The key findings and recommendations highlight crucial progressive industry trends in the connected gym equipment Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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