About Hip Thrust Machine
A hip thrust machine is a type of gym machine used for exercises. The hip thrust machine allows for the exercise of gluteal and femoral muscles. It helps to do exercise performed with back on an elevated surface. The hip thrust is performed to target the posterior chain and glute for training. The hip thrust machine mainly targets, both glutes and hamstrings. Hip thrusts strengthen and size the glutes in a way that no other exercises do, and professionals believe that they are beneficial to a wide range of individuals, from athletes to seniors over 65. Due to the increase in health awareness, the demand for hip thrust machines is increasing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Players in this market are largely based in the west. Due to trend of the gym there. As this trend comes in Asia, the demand for Hip Thrust Machine will increase significantly. Players in this market are small to medium-sized private limited companies with some exceptions. There are no major barriers to entry into this market. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IRON COMPANY (United States), Panatta srl (Italy), Huanyu Fitness Equipment Co., Ltd (China), Peloton (United States), Shri Sai International (India), Dezhou Shizhuo International (Chian), Suzhou Amber Technology Co. Ltd. (China), Booty Builder (United States), Titanium Strength (United States) and Gymleco (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hip Thrust Machine market by , Application (Residential, Gyms, Exercise Centres and Others) and Region.
On the basis of geography, the market of Hip Thrust Machine has been segmented into 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). If we see Market by Components, the sub-segment i.e. Weight Plates will boost the Hip Thrust Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Hip Thrust Machine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Various Colour Options in Hip Thrust Machine
Market Growth Drivers:
Increasing Individuals Opting for Gym Exercises and Need to Train Glute Muscles
Challenges:
Lack of Awareness About Hip Thrust Machine and Reluctant Nature of Many Individuals to Do Exercise
Restraints:
High Cost Associated with Hip Thrust Machines
Opportunities:
Growing Gym Infrastructure Will Boost the Demand of Hip Thrust Machine and Work from Home Culture Will Increase the Demand of Hip Thrust Machine for Home Exercise
Market Leaders and their expansionary development strategies
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Hip Thrust Machine Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.