The ergometer market size was valued at $ 1,042.3 million in 2020, and is estimated to reach $ 2,302.9 million by 2030, registering a CAGR of 7.2% from 2021 to 2030.
Walking and running are most popular fitness activities. Therefore, more and more consumers choose training equipment with real-time data to enhance their overall experience. For example, the introduction of a treadmill ergometer (a combination of a standard stepper and a treadmill) has had a positive impact on the demand for effective aerobic training products.
The global market for ergometer is witnessing significant growth mainly due to increase in public awareness regarding their health and the widespread adoption of electric exercise equipment in sports and fitness. In addition, people are increasingly inclined to perform cardiovascular exercises to minimize the negative effects of a sedentary lifestyle, which drives the market growth. North America is the largest market with the highest product penetration rate and extensive brand influence in the region. It is expected that the region will have a demand for exercise bike treadmills through online and offline channels, as consumers are increasingly investing in comfortable fitness equipment. The availability of a wide range of physical activity monitoring products is expected to drive the growth of the global market. The treadmill ergometer provides personalized feedback for various sports activities such as walking and running for easy tracking. Real-time fitness and various product innovations, such as the development of improved treadmill ergometers for steppers and treadmills to improve cardiovascular efficiency drive the market growth.
The ergometer market is majorly used for cardio exercise and overweight management. Increase in use of treadmills in gyms, health centers, and residential areas accelerate the growth of the global market during the forecast period. In addition, the need for physical activity to maintain health and wellness fuels the market growth. Aerobic exercise machines, including treadmills, are designed to promote the growth of the global treadmill market. For example, according to the American Heart Association (AHA), coronary heart disease (CHD) was one of the leading causes of death in the U.S. in 2016, and approximately 43.2% of deaths can be attributed to cardiovascular disease.
According to the ergometer market analysis, the ergometer market is segmented into type, end user, sales channel, and region. On the basis of type, the market is categorized into ergometer cycles, ergometer treadmills, upper body ergometer, ergometer rowing, and others. By end user, it is segregated into hospitals and private clinics, health clubs and gyms, home consumers, and others. Depending on sales channel, it is divided into B2B suppliers, specialty retail stores, e commerce, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, the Netherlands, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, United Arab Emirates, and rest of LAMEA).
The players operating in the global market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Aspel SA, CORTEX Biophysik GmbH, Emotion fitness gmbh & co. Kg, Ergo-fit, Ergoline GmbH, HealthCare International, Lode BV The Netherlands, Monark Exercise AB, Schiller and TECHNOGYM S.P.A.
Walking and running are most popular fitness activities. Therefore, more and more consumers choose training equipment with real-time data to enhance their overall experience. For example, the introduction of a treadmill ergometer (a combination of a standard stepper and a treadmill) has had a positive impact on the demand for effective aerobic training products.
The global market for ergometer is witnessing significant growth mainly due to increase in public awareness regarding their health and the widespread adoption of electric exercise equipment in sports and fitness. In addition, people are increasingly inclined to perform cardiovascular exercises to minimize the negative effects of a sedentary lifestyle, which drives the market growth. North America is the largest market with the highest product penetration rate and extensive brand influence in the region. It is expected that the region will have a demand for exercise bike treadmills through online and offline channels, as consumers are increasingly investing in comfortable fitness equipment. The availability of a wide range of physical activity monitoring products is expected to drive the growth of the global market. The treadmill ergometer provides personalized feedback for various sports activities such as walking and running for easy tracking. Real-time fitness and various product innovations, such as the development of improved treadmill ergometers for steppers and treadmills to improve cardiovascular efficiency drive the market growth.
The ergometer market is majorly used for cardio exercise and overweight management. Increase in use of treadmills in gyms, health centers, and residential areas accelerate the growth of the global market during the forecast period. In addition, the need for physical activity to maintain health and wellness fuels the market growth. Aerobic exercise machines, including treadmills, are designed to promote the growth of the global treadmill market. For example, according to the American Heart Association (AHA), coronary heart disease (CHD) was one of the leading causes of death in the U.S. in 2016, and approximately 43.2% of deaths can be attributed to cardiovascular disease.
According to the ergometer market analysis, the ergometer market is segmented into type, end user, sales channel, and region. On the basis of type, the market is categorized into ergometer cycles, ergometer treadmills, upper body ergometer, ergometer rowing, and others. By end user, it is segregated into hospitals and private clinics, health clubs and gyms, home consumers, and others. Depending on sales channel, it is divided into B2B suppliers, specialty retail stores, e commerce, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia, the Netherlands, and rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, India, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, South Africa, United Arab Emirates, and rest of LAMEA).
The players operating in the global market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Aspel SA, CORTEX Biophysik GmbH, Emotion fitness gmbh & co. Kg, Ergo-fit, Ergoline GmbH, HealthCare International, Lode BV The Netherlands, Monark Exercise AB, Schiller and TECHNOGYM S.P.A.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global ergometer market along with the current and future trends to elucidate the imminent investment pockets in the market.
- The report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis from 2020 to 2030 is provided to showcase the financial competency of the market.
- Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
- Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
- Competitive intelligence highlights business practices followed by leading market players across various regions.
KEY MARKET SEGMENTS
By Type
- Ergometer cycles
- Ergometer treadmills
- Upper Body Ergometer
- Ergometer rowing
- Others
By End User
- Hospitals & Private Clinics
- Health Clubs & Gyms
- Home consumers
- Others
- Sales Channel
- B2B Suppliers
- Specialty Retail Stores
- E Commerce
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- Australia
- South Korea
- India
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- United Arab Emirates
- Rest of LAMEA
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: ERGOMETER MARKET, BY TYPE
CHAPTER 5: ERGOMETER MARKET, BY END USER
CHAPTER 6: ERGOMETER MARKET, BY SALES CHANNEL
CHAPTER 7: ERGOMETER MARKET, BY REGION
CHAPTER 8: COMPETITION LANDSCAPE
CHAPTER 9: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
- Aspel SA
- CORTEX Biophysik GmbH
- Emotion Fitness GmbH & Co. Kg
- Ergo-fit
- Ergoline GmbH
- HealthCare International
- Lode BV The Netherlands
- Monark Exercise AB
- Schiller TECHNOGYM S.P.A.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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