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Connected Gym Equipment: Global Strategic Business Report

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    Report

  • 244 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5139847

Global Connected Gym Equipment Market to Reach $829.7 Million by 2027

In the changed post COVID-19 business landscape, the global market for Connected Gym Equipment estimated at US$566 Million in the year 2020, is projected to reach a revised size of US$829.7 Million by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027. Cardiovascular Training Equipment, one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach US$494.9 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Strength Training Equipment segment is readjusted to a revised 5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $167 Million, While China is Forecast to Grow at 5.2% CAGR

The Connected Gym Equipment market in the U.S. is estimated at US$167 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$145.8 Million by the year 2027 trailing a CAGR of 5.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.5% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Other Segments Segment to Record 4.5% CAGR

In the global Other Segments segment, USA, Canada, Japan, China and Europe will drive the 4.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$60 Million in the year 2020 will reach a projected size of US$81.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 42 Featured) -

  • Draper, Inc.
  • eGym GmbH
  • Johnson Health Tech Co., Ltd.
  • Les Mills International Ltd.
  • Life Fitness
  • Nautilus, Inc.
  • Paradigm Health & Wellness
  • Precor, Inc.
  • Technogym SpA

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and a Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Connected Gym Equipment

What is the estimated value of the Global Market for Connected Gym Equipment?

The Global Market for Connected Gym Equipment was estimated to be valued at $566 Million in 2020.

What is the growth rate of the Global Market for Connected Gym Equipment?

The growth rate of the Global Market for Connected Gym Equipment is 5.6%, with an estimated value of $829.7 Million by 2027.

What is the forecasted size of the Global Market for Connected Gym Equipment?

The Global Market for Connected Gym Equipment is estimated to be worth $829.7 Million by 2027.

Who are the key companies in the Global Market for Connected Gym Equipment?

Key companies in the Global Market for Connected Gym Equipment include Draper, Inc., eGym GmbH, Johnson Health Tech Co., Ltd., Les Mills International Ltd., Life Fitness, Nautilus, Inc., Paradigm Health & Wellness and Technogym SpA.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Connected Gym Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Connected Gym Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Connected Gym Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
  • Table 3: World Recent Past, Current & Future Analysis for Cardiovascular Training Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 4: World 7-Year Perspective for Cardiovascular Training Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 5: World Recent Past, Current & Future Analysis for Strength Training Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 6: World 7-Year Perspective for Strength Training Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World 7-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 9: World Recent Past, Current & Future Analysis for Commercial Users by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 10: World 7-Year Perspective for Commercial Users by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 11: World Connected Gym Equipment Market Analysis of Annual Sales in US$ Thousand for Years 2012 through 2027
  • Table 12: World Recent Past, Current & Future Analysis for Other Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 13: World 7-Year Perspective for Other Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
  • Table 14: World Recent Past, Current & Future Analysis for Gym / Health Clubs by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 15: World 7-Year Perspective for Gym / Health Clubs by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
III. MARKET ANALYSIS
UNITED STATES
  • Connected Gym Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
  • Table 16: USA Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 17: USA 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 18: USA Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 19: USA 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
CANADA
  • Table 20: Canada Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 21: Canada 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 22: Canada Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 23: Canada 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
JAPAN
  • Connected Gym Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
  • Table 24: Japan Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 25: Japan 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 26: Japan Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 27: Japan 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
CHINA
  • Connected Gym Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
  • Table 28: China Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 29: China 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 30: China Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 31: China 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
EUROPE
  • Connected Gym Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
  • Table 32: Europe Recent Past, Current & Future Analysis for Connected Gym Equipment by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 33: Europe 7-Year Perspective for Connected Gym Equipment by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
  • Table 34: Europe Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 35: Europe 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 36: Europe Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 37: Europe 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
FRANCE
  • Connected Gym Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
  • Table 38: France Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 39: France 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 40: France Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 41: France 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
GERMANY
  • Connected Gym Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
  • Table 42: Germany Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 43: Germany 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 44: Germany Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 45: Germany 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
ITALY
  • Table 46: Italy Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 47: Italy 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 48: Italy Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 49: Italy 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
UNITED KINGDOM
  • Connected Gym Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
  • Table 50: UK Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 51: UK 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 52: UK Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 53: UK 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
REST OF EUROPE
  • Table 54: Rest of Europe Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 55: Rest of Europe 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 56: Rest of Europe Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 57: Rest of Europe 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
ASIA-PACIFIC
  • Connected Gym Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
  • Table 58: Asia-Pacific Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 59: Asia-Pacific 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 60: Asia-Pacific Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 61: Asia-Pacific 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
REST OF WORLD
  • Table 62: Rest of World Recent Past, Current & Future Analysis for Connected Gym Equipment by Segment - Cardiovascular Training Equipment, Strength Training Equipment and Other Segments - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 63: Rest of World 7-Year Perspective for Connected Gym Equipment by Segment - Percentage Breakdown of Value Sales for Cardiovascular Training Equipment, Strength Training Equipment and Other Segments for the Years 2021 & 2027
  • Table 64: Rest of World Recent Past, Current & Future Analysis for Connected Gym Equipment by End-Use - Gym / Health Clubs, Commercial Users and Residential - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 65: Rest of World 7-Year Perspective for Connected Gym Equipment by End-Use - Percentage Breakdown of Value Sales for Gym / Health Clubs, Commercial Users and Residential for the Years 2021 & 2027
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Draper, Inc.
  • eGym GmbH
  • Johnson Health Tech Co., Ltd.
  • Les Mills International Ltd.
  • Life Fitness
  • Nautilus, Inc.
  • Paradigm Health & Wellness
  • Precor, Inc.
  • Technogym SpA