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Home Gym Equipment Market Research Report - Global Forecast till 2024

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Pradeep Zende
Home Gym Equipment Market Research Report - Global Forecast till 2024

Home Gym Equipment Market is projected to be valued at USD 6.34 Billion by 2024 at a CAGR of 4.41% from 2019 to 2024. Changes in lifestyles due to busy work schedules and unhealthy eating habits are leading to a focus on fitness. Additionally, a rise in the prevalence of chronic diseases and obesity are driving the growth of the global home gym equipment market. However, the high costs of the exercise machines have led to consumers opting to join well-equipped gyms or fitness clubs, which is likely to affect the growth of the global home gym equipment market to an extent. Nevertheless, the incorporation of smart devices in fitness machines and development of wearable technology provide lucrative opportunities to market players during the forecast period.

Home Gym Equipment Market USP

Introduction of connected and smart gym equipment, machines, and devices

Home Gym Equipment Market Growth Opportunities

  • Popularity of cardiovascular training equipment: The cardiovascular training equipment segment dominated the global home gym equipment market in 2018 and is expected to maintain its dominance during the forecast period. Treadmills, elliptical trainers, exercise bikes, rowing machines, and stair machines are the most common and popular cardiovascular equipment for home use. Cardiovascular training equipment elevates the heart rate and offers a full-body workout. It also aids in weight loss and maintaining overall health and fitness. These benefits are expected to drive the growth of the segment during the review period.
  • Specialty stores to remain a popular choice for the purchase of home gym equipment: Specialty stores are the preferred choice for buying home gym equipment due the wide range of products of specific brands and focus on customer service, which includes in-depth information about the products, demonstrations, and expert guidance to help in the decision-making process, thus, enhancing the shopping experience. Moreover, specialty stores offer after-sales services.

Access Report Details @ https://www.marketresearchfuture.com/reports/home-gym-equipment-market-8482

Home Gym Equipment Market Key Players

  • Cybex International, Inc. (US)
  • Icon Health & Fitness, Inc. (NordicTrack) (US)
  • Nautilus, Inc. (US)
  • Technogym SpA (Italy)
  • Johnson Health Tech. Co., Ltd. (US)
  • Amer Sports Oyj (Precor) (Finland)
  • True Fitness Technology, Inc. (US)
  • Vectra Fitness Parts LLC. (US)
  • HOIST Fitness Systems, Inc. (US)
  • Hammer Sport AG (Germany)
  • DHZ Fitness Europe GmbH (Germany)
  • Tunturi New Fitness B.V. (Netherlands)
  • Fitness EM LLC. (US)
  • Kettler (GB) Limited (UK)
  • Impulse (Qingdao) Health Tech Co., Ltd (China)

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Market ForecastHome Gym Equipment Market is projected to be valued at USD 6.34 Billion by 2024 at a CAGR of 4.41% from 2019 to 2024.

Changes in lifestyles due to busy work schedules and unhealthy eating habits are leading to a focus on fitness.

Additionally, a rise in the prevalence of chronic diseases and obesity are driving the growth of the global home gym equipment market.

Nevertheless, the incorporation of smart devices in fitness machines and development of wearable technology provide lucrative opportunities to market players during the forecast period.Market USPIntroduction of connected and smart gym equipment, machines, and devicesGrowth Opportunities in the MarketPopularity of cardiovascular training equipment: The cardiovascular training equipment segment dominated the global home gym equipment market share in 2018 and is expected to maintain its dominance during the forecast period.

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