Gym Equipment Market Huge Demand and Future Scope Including Top Players: Planet Fitness, Life Fitness, Body-Solid, Yowza Fitness, Technogym SPA, NordicTrack

Gym Equipment Comprehensive Study by Type (By Product Type, Cardiovascular Training Equipment, Strength Training Equipment, Others), Application (Home consumers, Health clubs / gyms, Hotel gym, Medical centers / hospitals, Others), By Strength Equipment (Weight Lifting Machines, Bars and Weights, Racks, Others), By End Users (By End User, Home Consumer, Health Clubs/Gyms, Commercial Users, Others), By Cardiovascular Equipment (Treadmill, Elliptical, Stationary Bike, Rowing Machine, Others) Players and Region - Global Market Outlook to 2023

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Edison , NJ -- (SBWire) -- 03/20/2019 --Gym equipment is used for developing muscular strength result in improved metabolisms, improving physical stamina and managing weight. There has been significant rise in number of people joining fitness centers with figure stood up to 62 million in United States alone in 2018, the future for gym equipment looks promising. Cardiovascular gym equipment is dominating the market owing to increasing prevalence of disease such as diabetes, osteoarthritis, cardiovascular disease as it helps in reducing excess body fat and regulate heart rate.

Advance Market Analytics recently introduced Gym Equipment Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. Gym Equipment Market explores effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players. It also provides market key statistics on the status of manufacturers, a valuable source of guidance, direction for companies and individuals interested in the industry.

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Major Key Players in This Report Include,
Planet Fitness Inc. (United States), Life Fitness, Inc. (United States), Body-Solid Inc. (United States), Yowza fitness (United States), Technogym SPA (Italy), Precor Incorporated (United States), Paramount Fitness Corp. (United States), NordicTrack Inc. (United States), Cybex International Inc. (United States), Body by Jake Global LLC (United States), Nautilus Inc. (United States), ICON Health & Fitness Inc. (United States), Fitness International LLC (United States), Johnson Health Tech (United States), Elliptigo Inc. (United States), Torque Fitness LLC (United States), Burnswick Corp. (United States)

The report focuses on Global Gym Equipment Market major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials, equipment and downstream consumers analysis is also carried out. What's more, the market development trends and marketing channels are analyzed.

The market study is being classified by Type, by Application and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

The research methodology used to estimate and forecast the Gym Equipment Market began with capturing data from the key vendors' revenue and market size of the individual segments through secondary sources, industry associations, and trade journals, such as the World Analytics Association and the Cloud Native Computing Foundation. The bottom-up procedure was employed to arrive at the overall market size of the market from the individual segments. After arriving at the overall market size, the total market was split into several segments and sub segments, which were then verified through primary research by conducting extensive interviews with the key industry personnel, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub segments.

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Strategic Points Covered in Table of Content of Gym Equipment Market:
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Increasing Number of Fitness Club and Gym
3.2.2. Rising Number of Obese Population
3.2.3. Growing Sport Culture and Fashion Industry
3.3. Market Challenges
3.3.1. Rising Adoption of Yoga and Other Fitness Exercises
3.4. Market Trends
3.4.1. Inclination towards Cardiovascular Equipment
3.4.2. Rising Number of Online
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global Gym Equipment, by Type, Application, By Strength Equipment, By End Users, By Cardiovascular Equipment and Region (value, volume and price) (2013-2018)

Finally, Gym Equipment Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology

The primary sources involves the industry experts from the Gym Equipment Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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