Connected Gym Equipment Market to Grow at a CAGR of 7.1% to reach US$ 9,055.58 Million from 2020 to 2028

    Connected Gym Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Cardiovascular Training, Strength Training, and Others) and End-User (Residential, Gym, and Other Commercial User)

    Publication Month: May 2021 | Report Code: TIPRE00007481 | No. of Pages: 145 | Category: Electronics and Semiconductor | Status: Published

    The connected gym equipment market was valued at US$ 5,259.70 million in 2019 and is projected to reach US$ 9,055.58 million by 2027; it is expected to grow at a CAGR of 7.1% from 2021 to 2028.

    Rise in fitness and health awareness is boosting the demand for connected gym equipment. The connected gym equipment is gaining popularity as it collects and stores data on the server, which is accessible from anywhere. Fitness clubs are adopting the latest technology for attracting new customers, which is boosting the demand for connected gym equipment. However, small health clubs are unable to upgrade their system due to its high cost, which is the key hindering factor for the growth of the connected gym equipment market.

    Impact of COVID-19 Pandemic on Connected Gym Equipment Market

    According to the latest reports, the US, India, Brazil, France, Turkey, Russia, the UK, Italy, Spain, and Germany are among the worst affected countries by the COVID-19 pandemic. The COVID-19 pandemic has affected the industrial sector worldwide. The global economy took the worst hit in 2020, and this may even continue in 2021. This situation has created noticeable disturbances in the business of gyms, health and fitness clubs, swimming pools, and hotels. A serious decline in the growth rate of mentioned businesses is affecting the growth of the global connected gym equipment market as they use these products to a larger extent.

    Since gyms are categorized under non-essential services, governments have put serious restrictions on them, and they are facing serious issues from almost a year now. Use of connected gym equipment for cardiovascular training and strength training has experienced a sharp decline. Travel bans, factory shutdowns, border lockdowns, and import-export restrictions to combat the outbreak of COVID-19 have impacted the supply, production, and sales of various raw materials that are needed for the manufacturing of gym equipment. However, as people cannot go to gyms, some of them are preferring to buy residential connected gym equipment for continuing their workout routine.


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    Connected Gym Equipment Market Insights

    Rising Demand for Residential Connected Gym Equipment

    People have different schedules according to their professions. General timings in gyms and health clubs may not be suitable for every customer. Also, the user’s timing and trainer’s timing should match for the workout session. There lies a great opportunity in designing and manufacturing affordable connected gym equipment for residential use as users are inclining toward privacy and convenience. Demand for smart fitness equipment is increasing in developed as well as developing countries. These majorly include countries from North America, Europe, and Asia-Pacific. Also, disposable household income is increasing noticeably in many developing countries.

    Considering buying capacity and space available at home, manufacturers have also got an opportunity for customization of smart equipment and machines, which will significantly increase the demand for mid-price segment connect gym equipment.


    Type-Based Market Insights

    Based on type, the connected gym equipment market is segmented into cardiovascular training, strength training, and others. The cardiovascular training segment dominated the market. The cardio gym equipment contains various programs, features, and settings that are often not utilized effectively. Connected machines help the users to achieve the advantages of various cardio training programs that can be customized as per an individual’s need.

    End User Based Market Insights

    Based on end user, the connected gym equipment market is segmented into residential, gym, and other commercial user. The gym segment continues to hold a significant share in the market, owing to increasing health awareness and growing digitalization in gym equipment. Moreover, there are some exercises that can happen better at gym instead of home.

    Strategic Insights

    The players operating in the connected gym equipment market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

    In 2021, Peloton announced that it has officially closed the acquisition of Precor, one of the largest global commercial fitness equipment providers with a significant US manufacturing presence. With this acquisition, Peloton establishes its US manufacturing capacity and anticipates boosting research and development capabilities with Precor's highly-skilled team and accelerating Peloton's penetration of the commercial market.

    In 2020, Matrix Fitness, one of the world’s fastest-growing commercial fitness brands, changed the way the fitness industry thinks about slat-belt treadmills by introducing their thoughtfully designed Performance Plus Treadmill. The reimagined treadmill provides an exceptional running experience through unmatched performance for facilities that want to differentiate their offering with a product that outlasts traditional designs. Fitness facility owners and managers will be able to get their first look at the Performance Plus Treadmill at the 2020 IHRSA and FIBO industry trade shows.

    By Type

    • Cardiovascular Training
    • Strength Training
    • Others

    By End User

    • Residential
    • Gym
    • Other Commercial User

    By Geography

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • Italy
      • UK
      • Russia
      • Rest of Europe
    • Asia Pacific (APAC)
      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC
    • Middle East & Africa (MEA)
      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA
    • South America (SAM)
      • Brazil
      • Argentina
      • Rest of SAM

    Company Profiles

    • EGYM
    • Life Fitness
    • LES MILLS INTERNATIONAL LTD
    • Technogym S.p.A
    • Precor Incorporated
    • Cybex International, Inc.
    • Johnson Health Tech
    • Draper, Inc.
    • Nautilus, Inc.
    • TRUE Fitness Technology, Inc.

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    1.3.1 Global Connected Gym Equipment Market – By Type

    1.3.2 Global Connected Gym Equipment Market – By End-User

    1.3.3 Global Connected Gym Equipment Market – By Geography

    2. Key Takeaways

    3. Research Methodology

    3.1 Coverage

    3.2 Secondary Research

    3.3 Primary Research

    4. Connected Gym Equipment Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America

    4.2.2 Europe

    4.2.3 APAC

    4.2.4 MEA

    4.2.5 SAM

    4.3 Ecosystem Analysis

    4.4 Expert Opinions

    5. Connected Gym Equipment Market – Key Industry Dynamics

    5.1 Key Market Drivers

    5.1.1 Growing Health Concerns

    5.1.2 Technological advancement in connected gym equipment

    5.2 Key Market Restraints:

    5.2.1 High Cost of connected gym equipment:

    5.3 Key Market Opportunities:

    5.3.1 Rising demand for residential connected gym equipment:

    5.4 Key Market Trends:

    5.4.1 Transforming Smart Fitness Technology

    5.5 Impact Analysis of Drivers and Restraints

    6. Connected Gym Equipment Market – Global Market Analysis

    6.1 Connected Gym Equipment Market Overview

    6.2 Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    6.3 Market Positioning – Five Key Players

    7. Connected Gym Equipment Market Analysis – By Type

    7.1 Overview

    7.2 Connected Gym Equipment Market Breakdown, By Type (2020 and 2028)

    7.3 Cardiovascular Training

    7.3.1 Overview

    7.3.2 Cardiovascular Training: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    7.4 Strength Training

    7.4.1 Overview

    7.4.2 Strength Training: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    8. Connected Gym Equipment Market Analysis – By End-user

    8.1 Overview

    8.2 Connected Gym Equipment Market, By End-user (2020 and 2028)

    8.3 Residential

    8.3.1 Overview

    8.3.2 Residential: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    8.4 Gym

    8.4.1 Overview

    8.4.2 Gym: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    8.5 Other Commercial Users

    8.5.1 Overview

    8.5.2 Other Commercial Users: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    9. Connected Gym Equipment Market – Geographic Analysis

    9.1 Overview

    9.2 North America: Connected Gym Equipment Market

    9.2.1 North America: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.2 North America: Connected Gym Equipment Market, by Type

    9.2.3 North America: Connected Gym Equipment Market, by End-Users

    9.2.4 North America: Connected Gym Equipment Market, by Key Country

    9.2.4.1 US: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.1.1 US: Connected Gym Equipment Market, by Type

    9.2.4.1.2 US: Connected Gym Equipment Market, by End-Users

    9.2.4.2 Canada: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.2.1 Canada: Connected Gym Equipment Market, by Type

    9.2.4.2.2 Canada: Connected Gym Equipment Market, by End-Users

    9.2.4.3 Mexico: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.3.1 Mexico: Connected Gym Equipment Market, by Type

    9.2.4.3.2 Mexico: Connected Gym Equipment Market, by End-Users

    9.3 Europe: Connected Gym Equipment Market

    9.3.1 Europe: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.2 Europe: Connected Gym Equipment Market, by Type

    9.3.3 Europe: Connected Gym Equipment Market, by End-Users

    9.3.4 Europe: Connected Gym Equipment Market, by Key Country

    9.3.4.1 Germany: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.1.1 Germany: Connected Gym Equipment Market, by Type

    9.3.4.1.2 Germany: Connected Gym Equipment Market, by End-Users

    9.3.4.2 France: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.2.1 France: Connected Gym Equipment Market, by Type

    9.3.4.2.2 France: Connected Gym Equipment Market, by End-Users

    9.3.4.3 Italy: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.3.1 Italy: Connected Gym Equipment Market, by Type

    9.3.4.3.2 Italy: Connected Gym Equipment Market, by End-Users

    9.3.4.4 UK: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.4.1 UK: Connected Gym Equipment Market, by Type

    9.3.4.4.2 UK: Connected Gym Equipment Market, by End-Users

    9.3.4.5 Russia: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.5.1 Russia: Connected Gym Equipment Market, by Type

    9.3.4.5.2 Russia: Connected Gym Equipment Market, by End-Users

    9.3.4.6 Rest of Europe: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.6.1 Rest of Europe: Connected Gym Equipment Market, by Type

    9.3.4.6.2 Rest of Europe: Connected Gym Equipment Market, by End-Users

    9.4 Asia Pacific: Connected Gym Equipment Market

    9.4.1 Asia Pacific: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.2 Asia Pacific: Connected Gym Equipment Market, by Type

    9.4.3 Asia Pacific: Connected Gym Equipment Market, by End-Users

    9.4.4 Asia Pacific: Connected Gym Equipment Market, by Key Country

    9.4.4.1 Australia: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.1.1 Australia: Connected Gym Equipment Market, by Type

    9.4.4.1.2 Australia: Connected Gym Equipment Market, by End-Users

    9.4.4.2 China: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.2.1 China: Connected Gym Equipment Market, by Type

    9.4.4.2.2 China: Connected Gym Equipment Market, by End-Users

    9.4.4.3 India: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.3.1 India: Connected Gym Equipment Market, by Type

    9.4.4.3.2 India: Connected Gym Equipment Market, by End-Users

    9.4.4.4 Japan: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.4.1 Japan: Connected Gym Equipment Market, by Type

    9.4.4.4.2 Japan: Connected Gym Equipment Market, by End-Users

    9.4.4.5 South Korea: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.5.1 South Korea: Connected Gym Equipment Market, by Type

    9.4.4.5.2 South Korea: Connected Gym Equipment Market, by End-Users

    9.4.4.6 Rest of Asia Pacific: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.6.1 Rest of Asia Pacific: Connected Gym Equipment Market, by Type

    9.4.4.6.2 Rest of Asia Pacific: Connected Gym Equipment Market, by End-Users

    9.5 Middle East & Africa (MEA): Connected Gym Equipment Market

    9.5.1 MEA: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.2 MEA: Connected Gym Equipment Market, by Type

    9.5.3 MEA: Connected Gym Equipment Market, by End-Users

    9.5.4 MEA: Connected Gym Equipment Market, by Key Country

    9.5.4.1 South Africa: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.1.1 South Africa: Connected Gym Equipment Market, by Type

    9.5.4.1.2 South Africa: Connected Gym Equipment Market, by End-Users

    9.5.4.2 Saudi Arabia: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.2.1 Saudi Arabia: Connected Gym Equipment Market, by Type

    9.5.4.2.2 Saudi Arabia: Connected Gym Equipment Market, by End-Users

    9.5.4.3 UAE: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.3.1 UAE: Connected Gym Equipment Market, by Type

    9.5.4.3.2 UAE: Connected Gym Equipment Market, by End-Users

    9.5.4.4 Rest of MEA: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.4.1 Rest of MEA: Connected Gym Equipment Market, by Type

    9.5.4.4.2 Rest of MEA: Connected Gym Equipment Market, by End-Users

    9.6 South America: Connected Gym Equipment Market

    9.6.1 South America: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.2 South America: Connected Gym Equipment Market, by Type

    9.6.3 South America: Connected Gym Equipment Market, by End-Users

    9.6.4 South America: Connected Gym Equipment Market, by Key Country

    9.6.4.1 Brazil: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.1.1 Brazil: Connected Gym Equipment Market, by Type

    9.6.4.1.2 Brazil: Connected Gym Equipment Market, by End-Users

    9.6.4.2 Argentina: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.2.1 Argentina: Connected Gym Equipment Market, by Type

    9.6.4.2.2 Argentina: Connected Gym Equipment Market, by End-Users

    9.6.4.3 Rest of SAM: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.3.1 Rest of SAM: Connected Gym Equipment Market, by Type

    9.6.4.3.2 Rest of SAM: Connected Gym Equipment Market, by End-Users

    10. Connected Gym Equipment Market- COVID-19 Impact Analysis

    10.1 Overview

    10.2 North America

    10.3 Europe

    10.4 APAC

    10.5 MEA

    10.6 SAM

    11. Industry Landscape

    11.1 Overview

    11.2 Market Initiative

    11.3 New Product Development

    12. Company Profiles

    12.1 EGYM

    12.1.1 Key Facts

    12.1.2 Business Description

    12.1.3 Products and Services

    12.1.4 Financial Overview

    12.1.5 SWOT Analysis

    12.1.6 Key Developments

    12.2 Life Fitness

    12.2.1 Key Facts

    12.2.2 Business Description

    12.2.3 Products and Services

    12.2.4 Financial Overview

    12.2.5 SWOT Analysis

    12.2.6 Key Developments

    12.3 LES MILLS INTERNATIONAL LTD

    12.3.1 Key Facts

    12.3.2 Business Description

    12.3.3 Products and Services

    12.3.4 Financial Overview

    12.3.5 SWOT Analysis

    12.3.6 Key Developments

    12.4 Technogym S.p.A

    12.4.1 Key Facts

    12.4.2 Business Description

    12.4.3 Products and Services

    12.4.4 Financial Overview

    12.4.5 SWOT Analysis

    12.4.6 Key Developments

    12.5 Precor Incorporated

    12.5.1 Key Facts

    12.5.2 Business Description

    12.5.3 Products and Services

    12.5.4 Financial Overview

    12.5.5 SWOT Analysis

    12.5.6 Key Developments

    12.6 Cybex International, Inc.

    12.6.1 Key Facts

    12.6.2 Business Description

    12.6.3 Products and Services

    12.6.4 Financial Overview

    12.6.5 SWOT Analysis

    12.6.6 Key Developments

    12.7 Johnson Health Tech

    12.7.1 Key Facts

    12.7.2 Business Description

    12.7.3 Products and Services

    12.7.4 Financial Overview

    12.7.5 SWOT Analysis

    12.7.6 Key Developments

    12.8 Draper, Inc.

    12.8.1 Key Facts

    12.8.2 Business Description

    12.8.3 Products and Services

    12.8.4 Financial Overview

    12.8.5 SWOT Analysis

    12.8.6 Key Developments

    12.9 Nautilus, Inc.

    12.9.1 Key Facts

    12.9.2 Business Description

    12.9.3 Products and Services

    12.9.4 Financial Overview

    12.9.5 SWOT Analysis

    12.9.6 Key Developments

    12.10 TRUE Fitness Technology, Inc.

    12.10.1 Key Facts

    12.10.2 Business Description

    12.10.3 Products and Services

    12.10.4 Financial Overview

    12.10.5 SWOT Analysis

    12.10.6 Key Developments

    13. Appendix

    13.1 About The Insight Partners

    13.2 Word Index


    LIST OF TABLES

    Table 1. Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Table 2. North America: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 3. North America: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 4. North America Connected Gym Equipment Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 5. US: Connected Gym Equipment Market, by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 6. US: Connected Gym Equipment Market, by End-Users –Revenue and Forecast to 2028 (US$ Million)

    Table 7. Canada: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 8. Canada: Connected Gym Equipment Market, by End-Users –Revenue and Forecast to 2028 (Canada$ Million)

    Table 9. Mexico: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 10. Mexico: Connected Gym Equipment Market, by End-Users –Revenue and Forecast to 2028 (Mexico$ Million)

    Table 11. Europe: Connected Gym Equipment Market, by Type– Revenue and Forecast to 2028 (US$ Million)

    Table 12. Europe: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 13. Europe Connected Gym Equipment Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 14. Germany: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 15. Germany: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 16. France: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 17. France: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 18. Italy: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 19. Italy: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 20. UK: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 21. UK: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 22. Russia: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 23. Russia: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 24. Rest of Europe: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 25. Rest of Europe: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 26. Asia Pacific: Connected Gym Equipment Market, by Type– Revenue and Forecast to 2028 (US$ Million)

    Table 27. Asia Pacific: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 28. Asia Pacific Connected Gym Equipment Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 29. Australia: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 30. Australia: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 31. China: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 32. China: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 33. India: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 34. India: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 35. Japan: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 36. Japan: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 37. South Korea: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 38. South Korea: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 39. Rest of Asia Pacific: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 40. Rest of Asia Pacific: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 41. MEA Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (USD Million)

    Table 42. MEA: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 43. MEA Connected Gym Equipment Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 44. South Africa: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 45. South Africa: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 46. Saudi Arabia: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 47. Saudi Arabia: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 48. UAE: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 49. UAE: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 50. Rest of MEA: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 51. Rest of MEA: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 52. South America: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 53. South America: Connected Gym Equipment Market, by End-Users – Revenue and Forecast to 2028 (US$ Million)

    Table 54. South America Connected Gym Equipment Market, by Country – Revenue and Forecast to 2028 (US$ Million)

    Table 55. Brazil: Connected Gym Equipment Market, by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 56. Brazil: Connected Gym Equipment Market, by End-Users –Revenue and Forecast to 2028 (US$ Million)

    Table 57. Argentina: Connected Gym Equipment Market, by Type –Revenue and Forecast to 2028 (US$ Million)

    Table 58. Argentina: Connected Gym Equipment Market, by End-Users –Revenue and Forecast to 2028 (US$ Million)

    Table 59. Rest of SAM: Connected Gym Equipment Market, by Type – Revenue and Forecast to 2028 (US$ Million)

    Table 60. Rest of SAM: Connected Gym Equipment Market, by End-Users –Revenue and Forecast to 2028 (Rest of SAM$ Million)

    Table 61. List of Abbreviation

    LIST OF FIGURES

    Figure 1. Connected Gym Equipment Market Segmentation

    Figure 2. Connected Gym Equipment Market Segmentation – By Geography

    Figure 3. Global Connected Gym Equipment Market Overview

    Figure 4. Cardiovascular Training Segment held the Largest Share of Connected Gym Equipment Market

    Figure 5. Gym segment held the Largest Share of Connected Gym Equipment Market

    Figure 6. North America to Show Great Traction During Forecast Period

    Figure 7. North America – PEST Analysis

    Figure 8. Europe – PEST Analysis

    Figure 9. Asia-Pacific- PEST Analysis

    Figure 10. MEA: PEST Analysis

    Figure 11. South America- PEST Analysis

    Figure 12. Connected Gym Equipment Market Ecosystem

    Figure 13. Expert Opinions

    Figure 14. Connected Gym Equipment Market Impact Analysis of Drivers and Restraints

    Figure 15. Connected Gym Equipment Market – Geographic Analysis

    Figure 16. Connected Gym Equipment Market - Revenue and Forecast to 2028 (US$ Million)

    Figure 17. Connected Gym Equipment Market Breakdown, By Type (2020 and 2028)

    Figure 18. Cardiovascular Training: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    Figure 19. Strength Training: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    Figure 20. Connected Gym Equipment Market Breakdown, By End-user (2020 and 2028)

    Figure 21. Residential: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    Figure 22. Gym: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    Figure 23. Other Commercial Users: Connected Gym Equipment Market- Revenue and Forecast to 2028 (US$ Million)

    Figure 24. Global Connected Gym Equipment Market Revenue Share, by Region (2020 and 2028)

    Figure 25. North America: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 26. North America: Connected Gym Equipment Market Revenue Share, by Type (2020 and 2028)

    Figure 27. North America: Connected Gym Equipment Market Revenue Share, by End-Users (2020 and 2028)

    Figure 28. North America: Connected Gym Equipment Market Revenue Share, by Key Country (2020 and 2028)

    Figure 29. US: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 30. Canada: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 31. Mexico: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 32. Europe: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 33. 0Europe: Connected Gym Equipment Market Revenue Share, by Type (2020 and 2028)

    Figure 34. Europe: Connected Gym Equipment Market Revenue Share, by End-Users (2020 and 2028)

    Figure 35. Europe: Connected Gym Equipment Market Revenue Share, by Key Country (2020 and 2028)

    Figure 36. Germany: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 37. France: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 38. Italy: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 39. UK: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 40. Russia: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 41. Rest of Europe: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 42. Asia Pacific: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 43. Asia Pacific: Connected Gym Equipment Market Revenue Share, by Type (2020 and 2028)

    Figure 44. Asia Pacific: Connected Gym Equipment Market Revenue Share, by End-Users (2020 and 2028)

    Figure 45. Asia Pacific: Connected Gym Equipment Market Revenue Share, by Key Country (2020 and 2028)

    Figure 46. Australia: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 47. China: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 48. India: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 49. Japan: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 50. South Korea: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 51. Rest of Asia Pacific: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 52. MEA: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 53. MEA: Connected Gym Equipment Market Revenue Share, by Type (2020 and 2028)

    Figure 54. MEA: Connected Gym Equipment Market Revenue Share, by End-Users (2020 and 2028)

    Figure 55. MEA: Connected Gym Equipment Market Revenue Share, by Key Country (2020 and 2028)

    Figure 56. South Africa: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 57. Saudi Arabia: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 58. UAE: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 59. Rest of MEA: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 60. South America: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 61. South America: Connected Gym Equipment Market Revenue Share, by Type (2020 and 2028)

    Figure 62. South America: Connected Gym Equipment Market Revenue Share, by End-Users (2020 and 2028)

    Figure 63. South America: Connected Gym Equipment Market Revenue Share, by Key Country (2020 and 2028)

    Figure 64. Brazil: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 65. Argentina: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 66. Rest of SAM: Connected Gym Equipment Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 67. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 68. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 69. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 70. Impact of COVID-19 Pandemic in MEA Markets

    Figure 71. Impact of COVID-19 Pandemic in SAM Markets

    The List of Companies - Connected Gym Equipment Market

    1. EGYM
    2. Life Fitness
    3. LES MILLS INTERNATIONAL LTD
    4. Technogym S.p.A
    5. Precor Incorporated
    6. Cybex International, Inc.
    7. Johnson Health Tech
    8. Draper, Inc.
    9. Nautilus, Inc.
    10. TRUE Fitness Technology, Inc.
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    Frequently Asked Questions

    Earlier, people didn’t have to take out dedicated time for exercise. Their daily routine was enough to burn those extra calories. Barring few jobs like product delivery, nursing, surgery, and some farming activities, almost all jobs in today’s time are moving towards sedentary work style. This is happening because automation is taking place in almost every walk of life. These all has given rise to insufficient physical activity among individuals. Insufficient physical activity in daily life is considered as one of the major risk factors for death all over the world. Inadequate physical activity is a crucial risk factor involved with non-communicable diseases (NCDs) like cancer, diabetes, and cardiovascular diseases. It also invites unwanted obesity in many people at very young age.
    Physical conditioning that exercises the lungs, heart, and blood vessels is involved in Cardiovascular Training. Users utilize a broad range of connected cardiovascular equipment, such as elliptical, treadmills, upright bikes, arm bikes, alternative motion machines and rowing machines. They utilize this equipment for improving health of their heart, lowering blood pressure, and losing body weight. Expenditure on various types of gym equipment is expected to rise considering increasing concerns about cardiovascular disorders in youngsters all over the world because of fluctuating climate conditions and busy work life.
    Considering not only the pandemic of COVID-19, otherwise also, people have got different timing schedules according to their professions. General timings in gyms and health club may not be suitable for very customer. Also, the user’s timing and trainer’s timing should match for the workout session. There lies a great opportunity in designing and manufacturing affordable connected gym equipment for residential use as users are inclining towards privacy and convenience. Demand for smart fitness equipment is increasing developed as well as developing countries. These majorly includes countries from North America, Europe, and Asia-Pacific region. Also, disposable house-hold incoming is increasing noticeably in many developing countries.

    Pricing
    • $3000
    • $4550
    • $6550
    • $8550

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