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Global Connected Gym Equipment Market by Type (Connected Elliptical Machines, Connected Exercise Bikes, Connected Rowing Machines), End-Users (Commercial Users, Health clubs, Residential) - Forecast 2024-2030

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    Report

  • 195 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5887574
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The Connected Gym Equipment Market size was estimated at USD 2.77 billion in 2023, USD 2.98 billion in 2024, and is expected to grow at a CAGR of 8.35% to reach USD 4.86 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Connected Gym Equipment Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Connected Gym Equipment Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Connected Gym Equipment Market, highlighting leading vendors and their innovative profiles. These include Brunswick Corporation, Christian's Fitness Factory Inc, ConnectFit, Core Health & Fitness, LLC., COSCO Ltd. (India), Draper, Inc., EGYM, Inc, Fortune Media IP Limited, Gamma Industries, HealthStream Taiwan Inc., Ideope Media Private Limited,, IHRSA, Into Wellness Private Limited, Jerai Fitness Pvt. Ltd., Life Fitness, Nautilus, Inc, Nortus Fitness, Paradigm Health & Wellness, Peloton Interactive Inc., Precor Inc, SD Fitness Equipment., TECHNOGYM S.p.A, The India Fitness Connect Pvt. Ltd., Universal Services Ltd, and Vox Media LLC.

Market Segmentation & Coverage

This research report categorizes the Connected Gym Equipment Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Connected Elliptical Machines
    • Connected Exercise Bikes
    • Connected Rowing Machines
    • Connected Strength Training Equipment
    • Connected Treadmills
    • Smart Dumbbells
    • Smart Weight Machines
  • End-Users
    • Commercial Users
    • Health clubs
    • Residential
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Connected Gym Equipment Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Connected Gym Equipment Market?
  3. What are the technology trends and regulatory frameworks in the Connected Gym Equipment Market?
  4. What is the market share of the leading vendors in the Connected Gym Equipment Market?
  5. Which modes and strategic moves are suitable for entering the Connected Gym Equipment Market?

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Purchase of this report includes 1 year online access with quarterly updates

Purchase of this report includes 1 year online access with quarterly updates

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Connected Gym Equipment Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Consumer interest towards living a healthy lifestyle
5.1.1.2. Growing number of wellness initiatives by governments
5.1.1.3. Rising awareness about the benefits of gymming
5.1.2. Restraints
5.1.2.1. High cost of connected gym equipment
5.1.3. Opportunities
5.1.3.1. Advancements in connected gym equipment
5.1.3.2. Social media awareness and introduction of advanced gyms
5.1.4. Challenges
5.1.4.1. Technical and operation issues in connected gym equipment
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Connected Gym Equipment Market, by Type
6.1. Introduction
6.2. Connected Elliptical Machines
6.3. Connected Exercise Bikes
6.4. Connected Rowing Machines
6.5. Connected Strength Training Equipment
6.6. Connected Treadmills
6.7. Smart Dumbbells
6.8. Smart Weight Machines
7. Connected Gym Equipment Market, by End-Users
7.1. Introduction
7.2. Commercial Users
7.3. Health clubs
7.4. Residential
8. Americas Connected Gym Equipment Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Connected Gym Equipment Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Connected Gym Equipment Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Brunswick Corporation
12.1.2. Christian's Fitness Factory Inc
12.1.3. ConnectFit
12.1.4. Core Health & Fitness, LLC.
12.1.5. COSCO Ltd. (India)
12.1.6. Draper, Inc.
12.1.7. EGYM, Inc
12.1.8. Fortune Media IP Limited
12.1.9. Gamma Industries
12.1.10. HealthStream Taiwan Inc.
12.1.11. Ideope Media Private Limited,
12.1.12. IHRSA
12.1.13. Into Wellness Private Limited
12.1.14. Jerai Fitness Pvt. Ltd.
12.1.15. Life Fitness
12.1.16. Nautilus, Inc
12.1.17. Nortus Fitness
12.1.18. Paradigm Health & Wellness
12.1.19. Peloton Interactive Inc.
12.1.20. Precor Inc
12.1.21. SD Fitness Equipment.
12.1.22. TECHNOGYM S.p.A
12.1.23. The India Fitness Connect Pvt. Ltd.
12.1.24. Universal Services Ltd
12.1.25. Vox Media LLC
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
List of Figures
FIGURE 1. CONNECTED GYM EQUIPMENT MARKET RESEARCH PROCESS
FIGURE 2. CONNECTED GYM EQUIPMENT MARKET SIZE, 2023 VS 2030
FIGURE 3. CONNECTED GYM EQUIPMENT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. CONNECTED GYM EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. CONNECTED GYM EQUIPMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. CONNECTED GYM EQUIPMENT MARKET DYNAMICS
FIGURE 7. CONNECTED GYM EQUIPMENT MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. CONNECTED GYM EQUIPMENT MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. CONNECTED GYM EQUIPMENT MARKET SIZE, BY END-USERS, 2023 VS 2030 (%)
FIGURE 10. CONNECTED GYM EQUIPMENT MARKET SIZE, BY END-USERS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS CONNECTED GYM EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS CONNECTED GYM EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES CONNECTED GYM EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES CONNECTED GYM EQUIPMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC CONNECTED GYM EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC CONNECTED GYM EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA CONNECTED GYM EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA CONNECTED GYM EQUIPMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. CONNECTED GYM EQUIPMENT MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. CONNECTED GYM EQUIPMENT MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Brunswick Corporation
  • Christian's Fitness Factory Inc
  • ConnectFit
  • Core Health & Fitness, LLC.
  • COSCO Ltd. (India)
  • Draper, Inc.
  • EGYM, Inc
  • Fortune Media IP Limited
  • Gamma Industries
  • HealthStream Taiwan Inc.
  • Ideope Media Private Limited,
  • IHRSA
  • Into Wellness Private Limited
  • Jerai Fitness Pvt. Ltd.
  • Life Fitness
  • Nautilus, Inc
  • Nortus Fitness
  • Paradigm Health & Wellness
  • Peloton Interactive Inc.
  • Precor Inc
  • SD Fitness Equipment.
  • TECHNOGYM S.p.A
  • The India Fitness Connect Pvt. Ltd.
  • Universal Services Ltd
  • Vox Media LLC

Methodology

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Table Information