About Indoor Treadmill
Indoor treadmills help in maintaining strong bones and muscles as well as it controlling blood pressure. Rising consumer awareness about leading a healthy lifestyle and a hectic schedule are the major factors driving the indoor treadmill market growth. Especially in the urban region people prefer indoor treadmills for everyday walking.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Indoor Treadmill is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Indoor Treadmill market throughout the forecasted period. 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.
Cybex International, Inc. (United States), Woodway (United States), BodyEnergy Technology Co., Ltd. (United States), Octane Fitness (United States), Precor (United States), NordicTrack (United States), Life Fitness (United States), Head (Netherlands) and Impulse (Luxembourg) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Indoor Treadmill market by Type (Manual Treadmill, Motorised Treadmill and Folding Treadmills) and Region.
On the basis of geography, the market of Indoor Treadmill 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 , the sub-segment i.e.
will boost the Indoor Treadmill market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ma, the sub-segment i.e. Alloy Steel will boost the Indoor Treadmill market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technologically Advanced IoT based Treadmill Machines and Growing Preference for Workout
Market Growth Drivers:
Increasing Awareness about Health and Wellness with the Growing Number of Diseases and Demand for the Health Equipment’s in the Residential Application
Challenges:
Handling Related Problems with the Indoor Treadmill
Restraints:
Problem with the Excessive Use of Treadmill Machines without Any Professional Guidance
Opportunities:
Surging Adoption Rate of Indoor Treadmill
Market Leaders and their expansionary development strategies
In May 2019, Life Fitness, the global leader in commercial fitness equipment, announced that its parent company, Brunswick Corporation, has entered into a definitive agreement with KPS Capital Partners, LP (“KPS”) under which KPS will acquire Brunswick’s Fitness business and related brands, including Life Fitness. KPS is a leading investment firm focused on manufacturing and industrial companies across a diverse array of industries.
In March 2021, BodyEnergy Technology Co., Ltd. announced the launch of the BodyEnergy Treadmill. It is a revolutionary way to work out the entire body without the risk of serious injury and excessive electric energy waste. It offers comprehensive fitness training for all ages and burns twice as many calories as electric treadmills and can be fully controlled and driven by the user’s arms and legs.
Key Target Audience
Indoor Treadmill Manufacturers, Indoor Treadmill Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes 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.