The revenue mix of most of the companies of Smart Gym Equipment Market may change in coming time. One of the important factors would be the shift in topline of the clientele that will push them hard to adopt innovation and spend more on R&D to meet ever dynamic evolving requirements. Some of the players who are preparing for their clients future revenue shift will ride the tide, while others might find it challenging to sustain. To cite an in-depth market outlook AMA released its new publication on Smart Gym Equipment Market with coverage over 100+ industry players, some of the profiled players are Peloton (United States), EGym (United States), Hammer Strength (United States), StairMaster (United states), Johnson Health Tech (United States), Les Mills International (New Zealand), Life Fitness (United States), Nautilus (United States), Precor (United States), Technogym (Italy) and DRAPER (United States).
According to the report, Increasing Demand for Wearable Technology like Fitness Trackers, HR Monitors, GPS Tracking Devices and Others is one of the primary growth factors for the market. Growing Urbanization and Changing Lifestyle of People
is also expected to contribute significantly to the Smart Gym Equipment market. Overall, Commercial
applications of Smart Gym Equipment, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Distribution Channel, such as Online, is boosting the Smart Gym Equipment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Price Range, such as Low, is boosting the Smart Gym Equipment market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Smart Gym Equipment market identified that the demand is rising in many different parts of the world as "Growing Concerns about Body Image
". Furthermore, some recent industry insights like "September 2020 – Peloton launched its new Bike+ Smart home Equipment. The new Peloton Bike+ includes a 23.8″ rotating, HD resolution touchscreen display. It can move 180 degrees in either direction, which is meant to allow at-home exercisers to use the screen (and Peloton’s range of remote workout instruction and classes) while they’re off the bike. There’s also a built-in four-speaker sound system, a one-tap contactless integration with Apple Gymkit that allows you to sync workouts to your Apple Watch and an Auto-Follow resistance system that scales the resistance of the bike depending on your own target metrics for heart rate and breathing. and January 2020 - Technogym SpA joined the Ironman World Championship, Ironman 70.3 World Championship, and Ironman Virtual Racing Series as an official global fitness equipment partner. Athletes can benefit from the company's outstanding indoor training solutions." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Smart Gym Equipment market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Smart Gym Equipment market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Smart Gym Equipment market tight? Which application/end-user category or Product Type [Treadmills, Cycling Machines, Rowing Machines and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Smart Gym Equipment market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Smart Gym Equipment market size is calculated using market estimation process, the Smart Gym Equipment market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Smart Gym Equipment market size has been validated using both top-down and bottom-up approaches.