North American Fitness Equipment Market by Type (Cardiovascular (Treadmill, Elliptical, Stationary Bike, Rowing Machine and Others ), Strength training, Others), by End User (Home, Health Club, Other Commercial ), Industry Trends, Estimation & Forecast, 2016 - 2024

September 2017

 Pages: 80

 ERC 3387

The North America Fitness Equipment Market was valued at $4,089 million in 2016 and is anticipated to reach $5,022 million in 2024, having a CAGR of 2.6% during the forecast period of 2017-2024.In 2016, the cardiovascular segment held the largest share of fitness equipment market in North America.

The devices, machines or apparatus which are intended to be incorporated with physical exercise or activity for enhancing and intensifying its effects. These equipment help a lot in enhancing the strength or conditioning effects by providing required or advised amount of resistance to the user. Fitness equipment have been found highly efficient in enhancing and improving the stamina and muscular power of one’s being. In addition to this, fitness equipment are highly effective in reducing cardio vascular diseases as it stimulates heart functioning. Some of the most prominent equipment are treadmills, elliptical and stationary bike. Such mainly used to manage overall weight, improve physical stamina, and develop muscular strength.

Market Determinants

North America consists of some of the most developed regions of the world, comprising of the countries such as the U.S., Canada and Mexico. In the current scenario, people of countries such as Unites States and Canada are getting highly health conscious. A high growth of health clubs and gymnasiums has been witnessed in the region in the last decade. Moreover, a considerable share of geriatric population is leading to an increased usage of specifically dedicated indoor fitness equipment in the region. In addition to this, cardio vascular disease cases are frequently occurring in the U.S. This has emerged out as a result of changed lifestyle, improper food habits, and increased consumption of junk food and extended working hours. However, the high cost of fitness equipment might hamper the market growth pace. On the other hand, increasing disposable income across the emerging economies and increasing youth population in the developing countries acts as humongous opportunities for the fitness equipment market.

North America Fitness Equipment Market Determinant- Impact Analysis, 2016 vs. 2024

Market Segmentation

The segmentation of the North American fitness equipment market is done on the basis of type, user, and country. By type, the market is segmented into cardiovascular, strength training and others. On the basis of user, the market is segmented as home, health club and other commercial users. On the basis of country, the market is segmented as U.S, Canada, and Mexico. U.S. generated the highest revenue in terms of fitness equipment in 2016. It is expected to dominate the market throughout the forecast period owing to the growing obesity rate. As per the recent data revealed by The State of Obesity, adult obesity rates exceeded 35 percent in five states, 30 percent in 25 states, and 25 percent in 46 states of United States. West Virginia has the highest adult obesity rate at 37.7% and Colorado has the lowest at 22.3%.

Some major players in the market are, Amer Sports Corporation, Nautilus Inc., Brunswick Corporation, Johnson Health Tech Co., Ltd., TRUE Fitness, Cybex International, Inc., Impulse (Qingdao) Health Tech Ltd. Co., ICON Health & Fitness, Inc., Torque Fitness LLC., and Fitness EM LLC

NORTH AMERICA FITNESS EQUIPMENT MARKET SEGMENTATION

By Type
   • Cardiovascular
            o Treadmill
            o Elliptical
            o Stationary Bike
            o Rowing Machine
            o Others
   • Strength training
   • Others

By End User
   • Home
   • Health Club
   • Other Commercial

By Country
   • U.S.
   • Canada
   • Mexico

NORTH AMERICA FITNESS EQUIPMENT MARKET KEY PLAYERS

• Amer Sports Corporation
• Nautilus Inc.
• Brunswick Corporation
• Johnson Health Tech Co. Ltd.
• TRUE Fitness
• Cybex International, Inc.
• Impulse (Qingdao) Health Tech Ltd. Co.
• ICON Health & Fitness, Inc.
• Fitness EM LLC
• Torque Fitness LLC.

 

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    What Information does this report contain?

    • What was the market size of the North American Fitness Equipment Market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions, and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the North American Fitness Equipment Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?


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