The first five-year cumulative revenue (2017–2021) of this segment is projected to be US$ 28,337.8 Mn, compared to a moderately higher cumulative revenue total of US$ 35,026.1 Mn for the latter five years of the forecast period (2022–2026).
Global Fitness Equipment Market Segments Analysis:
Analysis by Type:
On the basis of type segmentation, cardiovascular training equipment segment is expected to contribute major revenue share and witness highest CAGR of over 3%.
Analysis by End User:
Among end user segments, health clubs/gyms segment is expected to register highest CAGR of 4.0% owing to increasing number of health clubs/gyms globally and their attractive membership price and services offerings.
Analysis by Region:
North America market is expected to dominate the global fitness equipment market, and accounts for largest market revenue share of over US$ 3,000 million in 2017 as compared to that of markets in other regions.
Global Fitness Equipment Market Competitive Analysis:
Companies in this report are The Brunswick Corporation, Johnson Health Tech Co. Ltd., Technogym S.p.A., Amer Sports Corporation, Nautilus, Inc., Cybex International Inc., Elliptigo Inc., NordikTrack Inc., Body-Solid Inc., Torque Fitness LLC.
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