Monday, 8 February 2016
Global Fitness Equipment market, Key Trends, Application Analysis, Regional Outlook & Forecasts to 2016
Global Fitness Equipment Industry 2016-2020 Market Share and Size, Trends and Growth, Analysis and Forecast
Market outlook of the fitness equipment market
Technavios market research analyst predicts the global fitness equipment market to grow steadily at a CAGR of around 4% during the forecast period. The growing health awareness worldwide is a key driver for the growth fo this market. The rising health conditions like diabetes, cholesterol and obesity have increased, leading to heart-related ailments. For instance during 2012, nearly 29 million Americans had diabetes. Diabetes was also the 7th leading cause of death in the US during 2010. Continuous workout for the body helps prevent such diseases and increases the life expectancy of people.
The rise in government and corporate initiatives to promote fitness has also been driving the market growth. Numerous corporates are providing gym services within the company premises aiding employees to balance their work and health. For instance, nearly 79% of the large companies and offer wellness programs in the Americas for their employees.
Product segmentation and analysis of the fitness equipment market
Cardiovascular training equipment
Strength training equipment
Other equipment (activity monitors and body analyzers)
The cardiovascular training equipment segment is anticipated to dominate the market during the forecast period and reach a market value of around US $ 6 billion. The growing obese population segment is a key driver for the growth of this segment. For instance, during 2014, around 2 billion adults above the age of 18 years were overweight with 600 million people in this group being classified as obese.
Key questions answered in the report include
What will the market size and the growth rate be in 2020?
What are the key factors driving the global fitness equipment market?
What are the key market trends impacting the growth of the fitness equipment 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 vendors in the global fitness equipment market?
Trending factors influencing the market shares of the APAC, Europe, North America, and ROW?
What are the key outcomes of the five forces analysis of the fitness equipment market?
Technavio also offers customization on reports based on specific client requirement.
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Table Of Content
PART 01: Executive summary
PART 02: Scope of the report
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PART 03: Market research methodology
PART 04: Introduction
Key market highlights
An overview of global sports equipment market
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Global fitness equipment market segmentation by product
Global cardiovascular training equipment market
Global strength training equipment market
Global other equipment market
PART 07: Market segmentation by end user
Market overview of global fitness equipment by end users
Global individual users fitness equipment market
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
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