North America Connected Gym Equipment Market Size and Competitive Analysis by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

North America Connected Gym Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Cardiovascular Training and Strength Training) and End-Users (Residential, Gym, and Other Commercial Users)

Report Date : Jul 2021
Report Code : TIPRE00023449

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 105

Page Updated: Jul 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The North America connected gym equipment market is expected to grow from US$ 216.89 million in 2021 to US$ 1,084.17 million by 2028; it is estimated to grow at a CAGR of 25.8% from 2021 to 2028.

The US, Canada, and Mexico are economies in North America. Rising health concerns is expected to escalate the market growth. 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 North America. 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. So, to manage the health properly, people are getting aware and conscious about indulging in daily physical activities. Gyming helps in reducing body weight, building bones and muscles, increasing energy levels, and improving skin health. Increase in monetary income allows the consumers to spend on gyming. Along with physical health, gyming also improve people’s mental health to a large extent. It helps in improving sleep quality and memory. It also helps in staying energetic and relaxed. Managing mental health is equally important for performing in today’s work life. So, rising health concern will increase the demand of gyming, which will further escalate the demand of connected gym equipment, thereby driving the North America connected gym equipment market.

In case of COVID-19, North America is highly affected specially the US, with several thousands of infected people facing critical health problems across the entire country. Rising number of corona cases had also compelled the government to impose lockdown across the borders of the nation. Since gyms are closed, professional trainers, gym owners, and supporting staff are facing serious troubles. Owners are finding it difficult to pay rents, bank loans, salaries of employees and electricity bills. Many boutique gyms operate on small margins and hence this pandemic has posed a big question on their existence itself. The brick-and-mortar gyms in the US constitute the highest share of country’s fitness industry and has suffered the most. Since uncertainty of this virus still prevails, there has been a need for the fitness industry to restructure itself in accordance with changing times. Many have already started going creative and digital with online streaming of sessions for their users from various locations. Despite all these, there was sever impact on the growth of the connected gym equipment market in this region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America connected gym equipment market. The North America connected gym equipment market is expected to grow at a good CAGR during the forecast period.

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North America Connected Gym Equipment Market Segmentation

North America Connected Gym Equipment Market – By Type

Cardiovascular Training
Strength Training

North America Connected Gym Equipment Market – By End-Users

Residential
Gym
Other Commercial Users

North America Connected Gym Equipment Market, by Country

US
Canada
Mexico

North America Connected Gym Equipment Market -Companies Mentioned

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

North America Connected Gym Equipment Report Scope

Report Attribute	Details
Market size in 2021	US$ 216.89 Million
Market Size by 2028	US$ 1,084.17 Million
CAGR (2021 - 2028)	25.8%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Cardiovascular Training and Strength Training By End-Users Residential Gym Other Commercial Users
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Cybex International, Inc. Draper, Inc. EGYM Johnson Health Tech LES MILLS INTERNATIONAL LTD Life Fitness Nautilus, Inc. Precor Incorporated Technogym S.p.A

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the North America Connected Gym Equipment Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Regional, Country
Industry and Competitive Landscape
Excel Dataset

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