The US home gym equipment market is growing at a CAGR of 3.0% attributed to its highly competitive marketplace, established customer base, and technological innovation. The market is fragmented with several vendors, such as Nautilus, Technogym, Johnson Health, and others. The cost of manufacturing of home gym equipment is lower compared to heavy use equipment, as the former is light in weight and compact in size. Therefore, the market will see a considerable threat from new entrants, making it more competitive during the forecast period.
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The US home gym equipment market is segmented based on product type, and distribution channel. Based on product type, the home gym equipment market is fragmented into cardio equipment, which is further sub-segmented into ellipticals, treadmills, exercise bikes, and other; and strength training equipment, which is further sub-segmented into free weights, barbells & ladders, extensions, and others. On the basis of distribution channel, the market is classified into online and offline. The market is expected to witness an increased number of innovative products, greater investments in various segments, and high-level competition.
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The market study of the US home gym equipment market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
US Home Gym Equipment Market – Segmentation
by Product Type
Strength Training Equipment
Barbells & Ladders
by Distribution Channel
Core Health & Fitness, LLC.
Echelon Fitness Multimedia LLC
Health in Motion, LLC
HOIST Fitness Systems, Inc.
ICON Health & Fitness
Johnson Health Tech. Co., Ltd.
Origin Fitness, Ltd.
TECHNOGYM USA Corp.
Torque Fitness USA.
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