Global Home Fitness Equipment Market Research Report 2017 tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Home Fitness Equipment market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges.
Leading companies are Cybex International, Nautilus, Precor, Technogym, Fitnessathome, Fitness World, Johnson Health Tech, NordicTrack, ProForm, TRUE Fitness, Vectra Fitness, Woodway, and HOIST Fitness Systems.
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Key questions answered in this report are what will the market size be in 2021 and what will the growth rate be? What are the key market trends?, What is driving this market?, What are the challenges to market growth?, Who are the key vendors in this market space?, What are the market opportunities and threats faced by the key vendors?, What are the strengths and weaknesses of the key vendors?
This report provides in-depth analysis of the Home Fitness Equipment and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2017 – 2021, considering 2016 as the base year. It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. This study also provides key insights about market drivers, restraints, opportunities, new product launches, approvals, regional outlook, and competitive strategies adopted by the leading players. It profiles leading players in the global Home Fitness Equipment market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans Key companies covered as a part of this study include. Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, market expansion, and marketing tactics. The global Home Fitness Equipment market report caters to various stakeholders in this industry, including investors, device manufacturers, distributors and suppliers for Home Fitness Equipment equipment, government organizations, research and consulting firms, new entrants, and financial analysts. Various strategy matrices used in analyzing the Home Fitness Equipment market would provide stakeholders vital inputs to make strategic decisions accordingly.
Available complete report of this research with TOC and List of Figures at: https://www.marketinsightsreports.com/reports/06169465/global-home-fitness-equipment-market-2017-to-2021
Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is growth in online sales. People prefer to shop online for the convenience it offers. Moreover, the prices offered are often lower online, compared with that offered by brick and mortar stores, because of a reduction in overhead costs. Many international and regional vendors are selling their gym equipment online, which also helps in promoting their products and enhancing brand visibility. Online retailing has become one of the most important channels for the sale of retail goods and services.”
According to the report, one of the major drivers for this market is increased awareness about importance of health and fitness. The demand for fitness equipment such as cardiovascular and strength training equipment is on the rise with the rise in awareness about health and fitness. Regularly working out helps in burning calories and staying fit. Consumers are increasingly becoming aware of the importance of exercising and the new and advanced equipment available for the same through media and campaigns.
Further, the report states that one of the major factors hindering the growth of this market is limitations of cardiovascular equipment. Resistance exercises are growing in popularity as a complete fitness program. For instance, adding dumbbells to a treadmill exercise, using an elliptical with arm poles, or exercise bike workout can help increase resistance benefits during workouts. The other reason for the growing adoption of resistance exercises is that cardiovascular equipment is not suitable for everyone. For instance, the cushioned surface of a treadmill may still inflict a jarring impact on the back; and stress the hip, knee, and ankle joints. Space constraints in urban areas is also a drawback; this equipment take up a lot of space. The sophisticated treadmills and elliptical are around 36 inches wide and 72 inches long and generally do not fold up.