SEATTLE, WA, United States, December 10, 2021 /EINPresswire.com/ – Fitness equipment is a type of device used to improve physical health and fitness. It improves health, physical endurance, muscle development and weight management. Cardiovascular fitness equipment and weight training equipment are two types of fitness equipment. Treadmills, computerized stationary bikes, and ellipticals are examples of cardiovascular fitness equipment, while weight machines, bars, racks, and weight machines are examples of strength training equipment. Examples of fitness equipment are treadmills, weight lifting machines, and stationary bikes. They are used in places such as home, gym, fitness center, hotels and corporate workplaces. This device helps to lose weight, increase stamina and eliminate extra fat.
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In terms of revenue, the global fitness equipment market is expected to reach approximately US $ 24.1 billion by the end of 2027, increasing at a CAGR of 3.5% throughout the forecast period (2019- 2027).
Top Key Players Covered In This Report: Brunswick Corp., Technogym SpA, Nautilus, Inc., Amer Sports Oyj, Johnson Health Tech Co. Ltd., ICON Health & Fitness, Inc., TRUE Fitness Technology, Inc., SportsArt Fitness, Inc., Iron Grip Barbell Company and Adidas AG …
Due to the increased awareness of health and fitness among the obese and young population, the global fitness equipment industry has experienced substantial expansion in recent years. The global fitness equipment market is divided into two types of equipment, cardiovascular training equipment and strength training equipment. Due to the increasing demand for cardio activities among the fat population, cardiovascular training equipment has overtaken strength training equipment in the world. This aspect is expected to drive the market growth throughout the forecast period.
Reasons to buy the report:
• The document examines how Fitness Equipment is expected to develop in the future.
• Using Porter’s Five Forces Analysis, examine several perspectives on fitness equipment.
• The type of product which is expected to dominate the Fitness Equipment market and the regions which are expected to grow the fastest throughout the forecast period are studied.
• Recognize new advances from major market players, fitness equipment shares and policies.
• Over the past five years, the competitive landscape has included the share of fitness equipment of major companies as well as significant policies adopted for development.
• Comprehensive company profiles, including product offerings of major fitness equipment players, critical financial information, current advancements, SWOT analysis and strategies.
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