The study covers a detailed analysis segmented by key business segments i.e. and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Commercial Fitness Equipment market throughout the predicted period.
What is Commercial Fitness Equipment?
Commercial gym are large scale gyms that aimed at a broad market base, these facilities often incorporate several training spheres and offer the users the most versatility. Fitness equipment is a subdivision of the larger sporting goods sector. Fitness equipment comprises items such as treadmills, free weights, weight machines, and elliptical trainers. Commercial grade gym equipment is generally a slight more tough to come by because it is primarily sold to gyms, clubs and other athletic institutions.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Commercial Fitness Equipment market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- Brunswick Corporation (United States)
- Johnson Health Tech. Co., Ltd. (United States)
- Technogym (Italy)
- Precor Incorporated (United States)
- Cybex International, Inc. (United States)
- Amer Sports Corporation (Finland)
- Keiser Corporation (United States)
- Promaxima (United States)
- Matrix Fitness (United States)
- Octane Fitness, LLC (United States)
Market Overview:
On May 21, 2019- Brunswick Corporation has announced it has completed its previously announced acquisition of Freedom Boat Club (FBC). The addition of Freedom Boat Club to Brunswick will allow the company to leverage resources and capabilities to create additional growth and value.
Market Trend
Increasing Expenditure on Fitness Equipment and Improving Health Consciousness
Restraints
- High Cost of Commercial Fitness Equipment
Opportunities
Increasing Associations between Fitness Training Centers and Corporates and Increasing Number of Gyms and Health Clubs
Key highlights of the Global Commercial Fitness Equipment market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Commercial Fitness Equipment market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Commercial Fitness Equipment market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Commercial Fitness Equipment Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Commercial Fitness Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Commercial Fitness Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Fitness Equipment, Suppliers of Fitness Equipment, Wholesalers, Distributors and Retailers of Fitness Equipment, Gym Service Providers and Governmental Bodies.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.