Dublin, March 12, 2024 (GLOBE NEWSWIRE) -- The "Global Connected Gym Equipment Market by Type (Connected Elliptical Machines, Connected Exercise Bikes, Connected Rowing Machines), End-Users (Commercial Users, Health clubs, Residential) - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The global Connected Gym Equipment Market is poised to witness significant growth, with an estimated market size of USD 2.77 billion in 2023, further expanding to USD 2.98 billion in 2024. According to recent analysis, the market is expected to flourish at an impressive CAGR of 8.35%, culminating in a dramatic rise to USD 4.86 billion by the end of 2030.
The extensive report offers a deep dive into the FPNV Positioning Matrix, presenting a nuanced assessment that aids potential buyers in identifying the best-fit vendors based on Business Strategy and Product Satisfaction. This intricate tool strategically categorizes vendors within the Connected Gym Equipment Market into four distinct quadrants, enabling users to navigate through the Forefront (F), Pathfinder (P), Niche (N), and Vital (V) classifications with ease.
Market Share Analysis is employed to shed light on the vendor landscape, featuring a thorough exploration of the market dominance and strategic efforts of industry participants. The comprehensive analysis underscores the competitive dynamics, providing clarity on accumulation, fragmentation, and amalgamation trends that shape the market atmosphere.
Key Company Profiles
- The study profiles key industry frontrunners in the ever-evolving Connected Gym Equipment landscape.
- Highlighted profiles showcase the market's innovators, emphasizing their recent advancements and strategic positions.
Characterized by end-user adoption in segments such as commercial, health clubs, and residential sectors, the report thoroughly details product types including Connected Elliptical Machines, Connected Exercise Bikes, and Connected Rowing Machines among others. The segmentation extends to an exhaustive geographical coverage across various regions, highlighting specific country-level insights and market trends.
Comprehensive Report Insights
With its detailed coverage, the report stands as a crucial instrument for stakeholders in forming growth strategies, penetrating new markets, and gaining a competitive advantage. Among the key takeaways:
- In-depth insights on market penetration of top industry players.
- Unveiling novel opportunities with emerging market trends and developments.
- Strategies for market diversification to secure growth in uncharted territories.
- Competitive intelligence on market shares and organizational strategies of the leaders.
- Anticipation of technological advancements and product innovations driving the future of connected gym equipment.
This authoritative report provides the essential data and analysis enabling industry professionals to comprehend the market size, segmentation, and technological trends within the Connected Gym Equipment Market, guiding strategic decision-making and spotlighting the future direction of the industry.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 195 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $2.98 Billion |
| Forecasted Market Value (USD) by 2030 | $4.86 Billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
Companies Mentioned
- Brunswick Corporation
- Christian's Fitness Factory Inc
- ConnectFit
- Core Health & Fitness, LLC.
- COSCO Ltd. (India)
- Draper, Inc.
- EGYM, Inc
- Fortune Media IP Limited
- Gamma Industries
- HealthStream Taiwan Inc.
- Ideope Media Private Limited,
- IHRSA
- Into Wellness Private Limited
- Jerai Fitness Pvt. Ltd.
- Life Fitness
- Nautilus, Inc
- Nortus Fitness
- Paradigm Health & Wellness
- Peloton Interactive Inc.
- Precor Inc
- SD Fitness Equipment.
- TECHNOGYM S.p.A
- The India Fitness Connect Pvt. Ltd.
- Universal Services Ltd
- Vox Media LLC
For more information about this report visit https://www.researchandmarkets.com/r/1j8r9s
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