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Coaching Cardio Equipment Market Type (Treadmill, Elliptical, Climber, Cross-trainer, Exercise Bike, Others) End User (Male, Female) Application (Household, Commercial) : Global Opportunity Analysis and Industry Forecast, 2020-2027

A06377
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Oct 2020 | 415 Views
 
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The coaching cardio equipment are the machines that are technologically sound and possess features to deliver personalized digital coaching related to cardio related exercises to the user. These equipment are gaining popularity among the health enthusiasts and businesses working in the domain of health and fitness. 

 

Market scope and structure analysis

                 Report Metric

                                               Details

  Market size available for years

  2020–2027

  Base year considered

  2019

   Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Type, End User, Application, and Region

  Regions covered

North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA)

  Companies covered

Life Fitness; Technogym; eGym GmbH; Les Mills International; Star Trac UK Ltd.; Precor Incorporated; Cybex International; Draper, Inc.;  Paradigm Health & Wellness; Equinox Fitness and Johnson Health Tech.

 

COVID-19 Scenario Analysis: 

  • COVID-19 hit the manufacturing stage of the coaching cardio equipment industry as the factories were closed worldwide and the scale of production got affected.

  • The shops and retail stores were closed and people were quarantined in their homes which hampered the sales of the coaching cardio equipment across various countries.

  • The gyms and health centers were also closed during the period.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Increase in awareness among people regarding the physical health, rise in concern for disorders related to cardiovascular activities among adults and trend of building muscular bodies are some of the major reasons that contribute toward the growth of the market. The health clubs and gyms are expanding their presence around the globe, which boosts the market growth. Considering the better functioning and results, the owners of clubs and gyms are adopting smart machines to attract more customers.

The major demand comes from gyms, athletic zones, recreational clubs, and sport zones as it is cost effective for purchase of such equipment. It also adds value proposition for their outlets and attracts more subscriptions and customers. 

The global coaching cardio equipment market trends are as follows:

On-demand Digital Classes on Coaching Cardio Equipment

Companies are coming up with various innovations to offer the best features in the coaching cardio equipment. One of the innovations is on-demand digital classes as there is a company named Life Fitness which has launched a platform of digital classes under the title of Life Fitness On-Demand. Through this, the user can access on-demand digital class from the variety of options available when using brand’s climbers, cross-trainers, treadmills, and exercise bikes. It can only be accessed on the touchscreens of its premium range of cardio oriented products.

Potential markets for Coaching Cardio Equipment 

The fitness and health industry within the U.S. is experiencing growth over the past years. Reportedly, the country has the highest number of health and related clubs in the world, resulting in demand generation for the equipment like coaching cardio equipment. Also, due to emergence of pocket-friendly fitness clubs and new trends such as boutique fitness studios or high-value low-price (HVLP) gyms help boost the market growth.

Rise in health awareness coupled with increased purchasing power are the factors expected to drive the demand for coaching cardio equipment.

         Key Segments Covered:

  Segments

  Sub-segments

  Type

  • Treadmill
  •  Elliptical
  •  Climber
  •  Cross-trainer
  • Exercise Bike
  • Others

  End User

  • Male
  • Female

  Application

  • Household
  • Commercial

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global coaching cardio equipment industry along with the current trends and future estimations to determine the imminent investment pockets.

  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global coaching cardio equipment market share.

  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global coaching cardio equipment market growth scenario.

  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 

  • The report provides a detailed global coaching cardio equipment market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions Answered in the Coaching Cardio Equipment Market Research Report:

  • What are the leading market players active in the coaching cardio equipment market?

  • What the current trends will influence the market in the next few years?

  • What are the driving factors, restraints, and opportunities in the market?

  • What future projections would help in taking further strategic steps?

 
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