Growing health concerns and rising demand for fitness tracking devices is driving the growth of connected gym equipments market. Connected gym equipments allow the user to monitor the workout session in real time and help to improve the performance and to collect workout data. Rising number of fitness enthusiasts along with emerging technology of connecting their smart phones and tablets to the smart gym equipments to track their performance and fitness activity is the major factor fuelling the growth of global connected gym equipment market. Global connected gym equipment market is expected to expand at a CAGR of 26.7% over the forecast period through 2024.

Connected gym equipment market segmentation has been carried out on the basis of product types such as cardiovascular and strength training connected gym equipments. Cardiovascular gym equipments constitute major share in connected gym equipment market owing to its wide adoption in gyms as well as for use in homes. On the other hand, strength training equipments are not much evolved in terms of technology and are expected to grow moderately with innovation of new products. Global connected gym equipment market size reached USD 135 million in 2016 and further the market is estimated to surpass USD 900 million by the end of 2024. Geographically, North-America and Europe are showcasing the fastest adoption rate of connected gym equipments. North America is expected to maintain its dominance in global connected gym equipment market over the forecast period owing to rising number of new start-up gyms and introduction of new connected gym devices by the established player in the region. Asia-Pacific is anticipated to be fastest growing region, owing to rapid urbanization and penetration of advance technology in developing countries.

Request for TOC@ https://www.goldsteinresearch.com/toc-request/global-connected-gym-equipment-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Segmentation

By Product Type

o Cardiovascular Training Equipment
 Treadmills
 Elliptical
 Stationary bike
 Rowing machine
 Others

o Strength Training Equipment
 Squat Rack.
 Barbells
 Bench Press.
 Incline bench press
 Dumbbells
 Other

o Other Equipment

By Distribution Channels

o Offline Channels
o Online Channels

By Geography

o North America (US, Canada)
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe)
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific)
o Rest of the World


“Global Connected Gym Equipment Market Outlook 2024” by Goldstein Research contains detailed overview of the global connected gym equipment market in terms of market segmentation by product and distribution channels type.

Further, connected gym equipment market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global Connected Gym Equipment Market report also includes competitive outlook of some of the major players of the global connected gym equipments market which includes profiling of companies such as eGym, Les Mills International, Life Fitness, Precor, Technogym, Draper, Includefitness, Johnson Health Tech, Nautilu etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the connected gym equipments market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

The report is Available @ https://www.goldsteinresearch.com/report/global-connected-gym-equipment-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

Our analysts working on latest consumer and retail industry market reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Send Us Sample Request@ https://www.goldsteinresearch.com/request-sample/global-connected-gym-equipment-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com