Global Commercial Equipment Market is Growing at a CAGR of 5.05% in 2026

Posted September 23, 2019 by siemen

Commercial fitness equipment is that equipment which is specially designed for gyms, clubs and other athletics institutions.

Global commercial equipment market is set to witness a steady CAGR of 5.05% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Increasing health awareness and rising initiatives by government are the factors for the growth of this market.

Commercial fitness equipment is that equipment which is specially designed for gyms, clubs and other athletics institutions. They are widely used to maintain weight, increase stamina and to build the muscular strength. They boost the heart rate and assist to burn surplus body fat and maintain general fitness and health. Some of the common commercial equipments are exercise cycles, free weight, elliptical machines, treadmills and others.

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Competitive Analysis:
Global commercial equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of commercial equipment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:
Few of the major competitors currently working in the global commercial equipment market are Technogym,, Precor Incorporated., Cybex International, Inc, Amer Sports, Keiser Corporation, Matrix Fitness, Promaxima, Life Fitness., YanreFitness com., Trinity Health Technologies Pvt. Ltd., MANGOGYMEQUIPMENT.COM GUANGZHOU MANGO FITNESS CO.,LTD; VIVA FITNESS. INDIA, PRO BODYLINE FITNESS, Crbnlife, RADHEY MOHAN INTERNATIONAL, Cosco (India) Limited., United Fitness, Aerofit, Gympac Fitness Systems Pvt Ltd among others.

Market Segmentation: Global Commercial Equipment Market
• By Product (Treadmill, Free Weights, Exercise Cycles, Elliptical Machines, Others)
• By End- User (Gym, University and School, Community, Sports Center, Others)
• By Distribution Channel (Sports Goods Store, Specialty Sports Shops, Online Retailing, Discount Stores, Departmental Stores, Others)
• By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

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Market Drivers:
• Rising obese population will drive the market growth
• Growing interest of the healthy living will also enhance the growth of this market
• Rising disposable income will also accelerate the market growth
• Rapid urbanization and increasing pollution which are factor for ill health and stress; this factor drive the market growth

Market Restraints:
• High cost of the commercial fitness equipment will restrain the market growth
• Growth of used fitness equipment market will also hamper the growth of this market
Key Insights in the report:
• Competitive analysis of key competitors involved in the market
• Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
• Market drivers and restraints analysis along with the analysis of the market structure

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Issued By Data Bridge Market Research
Country India
Categories Business , Industry , News
Tags commercial equipment , commercial equipment market , commercial equipment market industry , commercial equipment market news , commercial equipment market trends
Last Updated September 23, 2019