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North America Connected Gym Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Cardiovascular Training and Strength Training) and End-Users (Residential, Gym, and Other Commercial Users)

  • ID: 5416576
  • Report
  • July 2021
  • Region: North America
  • 105 Pages
  • The Insight Partners
UP TO OFF until Jun 30th 2022

FEATURED COMPANIES

  • Cybex International, Inc.
  • Draper, Inc.
  • EGYM
  • Johnson Health Tech
  • Life Fitness
  • Nautilus, Inc.
Cardiovascular Training Segment to Dominate North America Connected Gym Equipment Market during 2021-2028.





According to a new market research study on “North America Connected Gym Equipment Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type and End-users” is expected to reach US$ 1,084.17 million by 2028 from US$ 216.89 million in 2021. The market is estimated to grow at a CAGR of 25.8% from 2021 to 2028. The report provides trends prevailing in the North America connected gym equipment market along with the drivers and restraints pertaining to the market growth. Rising health concerns and growing technological advancement in connected gym equipment are the major factor driving the growth of the North America connected gym equipment market. However, costly connected gym equipment hinders the growth of North America connected gym equipment market.

In case of COVID-19, North America is highly affected specially the US, with several thousands of infected people facing critical health problems across the entire country. Rising number of corona cases had also compelled the government to impose lockdown across the borders of the nation. Since gyms are closed, professional trainers, gym owners, and supporting staff are facing serious troubles. Owners are finding it difficult to pay rents, bank loans, salaries of employees and electricity bills. Many boutique gyms operate on small margins and hence this pandemic has posed a big question on their existence itself. The brick-and-mortar gyms in the US constitute the highest share of country’s fitness industry and has suffered the most. Since uncertainty of this virus still prevails, there has been a need for the fitness industry to restructure itself in accordance with changing times. Many have already started going creative and digital with online streaming of sessions for their users from various locations. Despite all these, there was sever impact on the growth of the connected gym equipment market in this region.

The North America connected gym equipment market is segmented based on type, End-users, and country. Based on type, the market is segmented as cardiovascular training and strength training. The cardiovascular training segment dominated the North America connected gym equipment market in 2020 and strength training segment is expected to be fastest growing segment during forecast period. On the basis of End-users, the market is segmented as residential, gym, and other commercial users. The gym segment dominated the North America connected gym equipment market in 2020 and residential segment is expected to be fastest growing segment during forecast period.

Cybex International, Inc.; Draper, Inc.; EGYM; Johnson Health Tech; LES MILLS INTERNATIONAL LTD; Life Fitness; Nautilus, Inc.; Precor Incorporated; Technogym S.p.A; and TRUE Fitness Technology, Inc. are among the leading companies in the North America connected gym equipment market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, TRUE Fitness announces new Stryker Slat Treadmill.

The report segments the North America Connected Gym Equipment Market as follows:


North America Connected Gym Equipment Market - By Type

  • Cardiovascular Training
  • Strength Training

North America Connected Gym Equipment Market - By End-users

  • Residential
  • Gym
  • Other Commercial Users

North America Connected Gym Equipment Market - By Country

  • US
  • Canada
  • Mexico

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America connected gym equipment market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in North America connected gym equipment market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the connected gym equipment market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions about the North American Connected Gym Equipment Market

What is the estimated value of the North American Connected Gym Equipment Market?

The North American Connected Gym Equipment Market was estimated to be valued at $216.9 Million in 2021.

What is the growth rate of the North American Connected Gym Equipment Market?

The growth rate of the North American Connected Gym Equipment Market is 25.8%, with an estimated value of $1084.2 Million by 2028.

What is the forecasted size of the North American Connected Gym Equipment Market?

The North American Connected Gym Equipment Market is estimated to be worth $1084.2 Million by 2028.

Who are the key companies in the North American Connected Gym Equipment Market?

Key companies in the North American Connected Gym Equipment Market include Cybex International, Inc., Draper, Inc., EGYM, Johnson Health Tech, LES MILLS INTERNATIONAL LTD, Life Fitness, Nautilus, Inc., Precor Incorporated and TRUE Fitness Technology, Inc..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Cybex International, Inc.
  • Draper, Inc.
  • EGYM
  • Johnson Health Tech
  • Life Fitness
  • Nautilus, Inc.

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Connected Gym Equipment Market - By Type
1.3.2 North America Connected Gym Equipment Market - By End-Users
1.3.3 North America Connected Gym Equipment Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Connected Gym Equipment Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Connected Gym Equipment Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Rising Health Concerns
5.1.2 Growing Technological Advancement in Connected Gym Equipment
5.2 Key Market Restraints
5.2.1 Costly Connected Gym Equipment
5.3 Key Market Opportunities
5.3.1 Increasing Demand for Residential Connected Gym Equipment
5.4 Key Market Trends
5.4.1 Transforming Smart Fitness Technology
5.5 Impact Analysis of Drivers and Restraints
6. Connected Gym Equipment Market - North America Analysis
6.1 North America Connected Gym Equipment Market Overview
6.2 North America Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7. North America Connected Gym Equipment Market Analysis - By Type
7.1 Overview
7.2 North America Connected Gym Equipment Market Breakdown, By Type (2020 and 2028)
7.3 Cardiovascular Training
7.3.1 Overview
7.3.2 Cardiovascular Training: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Strength Training
7.4.1 Overview
7.4.2 Strength Training: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8. North America Connected Gym Equipment Market Analysis - By End-Users
8.1 Overview
8.2 North America Connected Gym Equipment Market, By End-Users (2020 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Gym
8.4.1 Overview
8.4.2 Gym: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Other Commercial Users
8.5.1 Overview
8.5.2 Other Commercial Users: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9. North America Connected Gym Equipment Market - Country Analysis
9.1 Overview
9.1.1 North America: Connected Gym Equipment Market, by Key Country
9.1.1.1 US: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Connected Gym Equipment Market, by Type
9.1.1.1.2 US: Connected Gym Equipment Market, by End-Users
9.1.1.2 Canada: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Connected Gym Equipment Market, by Type
9.1.1.2.2 Canada: Connected Gym Equipment Market, by End-Users
9.1.1.3 Mexico: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Connected Gym Equipment Market, by Type
9.1.1.3.2 Mexico: Connected Gym Equipment Market, by End-Users
10. North America Connected Gym Equipment Market - COVID-19 Impact Analysis
10.1 North America
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 EGYM
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Life Fitness
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 LES MILLS INTERNATIONAL LTD
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Technogym S.p.A
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Precor Incorporated
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Cybex International, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Johnson Health Tech
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Draper, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Nautilus, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 TRUE Fitness Technology, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About
13.2 Word Index
List of Tables
Table 1. North America Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Connected Gym Equipment Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Connected Gym Equipment Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Connected Gym Equipment Market, by End-Users - Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Connected Gym Equipment Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Connected Gym Equipment Market, by End-Users - Revenue and Forecast to 2028 (Canada$ Million)
Table 7. Mexico: Connected Gym Equipment Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Connected Gym Equipment Market, by End-Users - Revenue and Forecast to 2028 (Mexico$ Million)
Table 9. List of Abbreviation
List of Figures
Figure 1. North America Connected Gym Equipment Market Segmentation
Figure 2. North America Connected Gym Equipment Market Segmentation - By Country
Figure 3. North America Connected Gym Equipment Market Overview
Figure 4. Cardiovascular Training Segment held the Largest Share of North America Connected Gym Equipment Market
Figure 5. Gym segment held the Largest Share of North America Connected Gym Equipment Market
Figure 6. Mexico to Show Great Traction During Forecast Period
Figure 7. North America - PEST Analysis
Figure 8. North America Connected Gym Equipment Market Ecosystem
Figure 9. Expert Opinions
Figure 10. North America Connected Gym Equipment Market Impact Analysis of Drivers and Restraints
Figure 11. North America Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Connected Gym Equipment Market Breakdown, By Type (2020 and 2028)
Figure 13. North America Cardiovascular Training: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Strength Training: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Connected Gym Equipment Market Breakdown, By End-Users (2020 and 2028)
Figure 16. North America Residential: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Gym: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Other Commercial Users: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America: Connected Gym Equipment Market, by Key Country - Revenue (2020) (USD Million)
Figure 20. North America: Connected Gym Equipment Market Revenue Share, by Key Country (2020 and 2028)
Figure 21. US: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Canada: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Mexico: Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Impact of COVID-19 Pandemic in North American Country Markets
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Cybex International, Inc.
  • Draper, Inc.
  • EGYM
  • Johnson Health Tech
  • LES MILLS INTERNATIONAL LTD
  • Life Fitness
  • Nautilus, Inc.
  • Precor Incorporated
  • Technogym S.p.A
  • TRUE Fitness Technology, Inc.
Note: Product cover images may vary from those shown