Fitness Equipment Market Analysis North America, APAC, Europe, Middle East and Africa, South America - US, China, Japan, UK, Germany - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 160 SKU: IRTNTR71722

Fitness Equipment Market Forecast 2024-2028

  • The global fitness equipment market size is estimated to grow by USD 4.09 billion between  2023 and 2028
  • The market is accelerating at a compound annual growth rate of 6.01%.

The market trends and analysis report covers an in-depth analysis of market growth factors such as the technological advancements in fitness equipment, the ease of use provided by advanced fitness equipment, and the long repurchase cycle of fitness equipment

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Key Major Companies

Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.

  • BowFlex: The company offers fitness equipment products such as Body solid leg extension bench attachment, Body solid tools adjustable dumbbell set and Powerline PSM 200 smith machine.

The market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

Body Solid Inc., Concept2 Inc., Dyaco International Inc., Exercycle SL, gym80 International GmbH, Icon Health and Fitness Inc., Impulse Fitness Sdn Bhd, Johnson Health Tech Co. Ltd., Keiser Corp., Les Mills International Ltd., Life Fitness, LifeSpanFitness, Peloton Interactive Inc., Performance Health Systems LLC., Rogue Fitness, Royal Play Equipments Pvt Ltd., TECHNOGYM S.p.A, Titan Brands, True Fitness Technology Inc., Tunturi New Fitness BV, and WOODWAY Inc.

Qualitative and quantitative analysis of market growth and trends of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified. Furthermore, market growth and forecasting it is also quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Size And Market Dynamics

Our researchers analyzed the market research and growth data with 2023  as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage. 

Key Market Drivers

Technological advancements in fitness equipment is the key factor driving market growth. echnological advancements include the incorporation of electronic sensors for additional guidance and wearable technologies that track physical exercise and body analyzers. For instance, Technogym offers the Ecosystem Open Platform, which operates on a wide range of interconnected products, content, services, and programs for its members.

Further, technological advancements also help gym facility operators manage their business better using solutions and simultaneously improve equipment management and revenue and increase customer retention. Such technologically advanced features of connected fitness equipment enable manufacturers to attract new customers for such fitness equipment. Therefore, these factors will further drive market growth during the forecast period.

Significant Market Trends

Ease of use provided by advanced fitness equipment is the primary trend shaping market growth. Connected gym equipment offers an increased level of ease of use when compared to regular traditional gym equipment owing to the value-added connectivity features. For instance, Technogym offers app compatibility with Mapmyfitness and Runkeeper, which allows users to avail of the connectivity between apps and Technogym's equipment. Another player, LES MILLS, offers LES MILLS SMARTBAND, which provides suggestions on the correct technique while using fitness equipment.

Additionally, connected fitness equipment products also react to changing circumstances. For instance, if a user is feeling sick or is injured and updates that information to the system, then the training program will automatically adjust the fitness equipment to reduce the possibility of overexertion or injury. Consequently, the trend of inclination towards ease of use is expected to drive innovations, providing ample opportunities to the companies in the market in focus. This, in turn, will drive the growth of the market during the forecast period.

Major Market Challenges

The long repurchase cycle of fitness equipment is a challenge that affects market growth. The replacement period for fitness equipment is long. The average lifespan of fitness equipment is 8-12 years. Due to the higher average lifespan of fitness equipment, end-users, including commercial end-users prefer to purchase gym and other fitness equipment only when required. Consumers usually purchase fitness equipment when setting up new gym centers or for their personal use. Fitness equipment is meant for long-term use and generally does not require frequent replacements.

Furthermore, there are various players in the market, like Life Fitness, that offer used fitness equipment. These market players purchase used fitness equipment and revamp it using new parts. These vendors also provide a quality guarantee, which attracts consumers to buy second-hand fitness equipment. Therefore, the long replacement period for fitness equipment is a challenge that may impede market growth during the forecast period.

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Market Segmentation And Region

By Product Analysis 

The cardiovascular training equipment segment will account for a major share of the market's growth during the forecast period.? The cardiovascular training equipment segment includes treadmills, cross-trainers, stationary bikes, and ski machines. Cardiovascular training equipment like treadmills and cross-trainers have a lower lifespan than strength training equipment. The cardiovascular training equipment segment was valued at USD 6.38 billion in 2018.  Furthermore, increasing health awareness among consumers is also driving the segment's growth. Moreover, the growth of the geriatric population, the lack of proper and nutritious diets, high obesity rates among all age groups, and the prevalence of cardiovascular diseases due to hectic lifestyles are making people more aware of the need for physical fitness and exercise. Thus, such factors are expected to spur the demand for cardiovascular training equipment, which in turn will drive the growth of the market during the forecast period.

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By End-User Analysis 

The market is segmented by end-user into individual users, and ealth clubs and gyms. The individual user segment will account for the largest share of this segment.? 

Geographical Analysis

APAC is estimated to contribute 44% during the forecast period.

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Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. Another region offering significant growth opportunities to companies is North America. The market in North America is one of the largest and is led by the US, followed by Canada. The presence of a large population that is health-conscious and can afford fitness equipment accounts for the dominance of the region in the global fitness equipment market.

Additionally, the increased prevalence of age-related health conditions has also led to high demand for fitness equipment in the region. Furthermore, the increase in the prevalence of chronic diseases, such as diabetes and cardiovascular diseases, has led to the increased adoption of various types of fitness equipment. Thus, such factors will enable the adoption of fitness equipment during the forecast period.

Market Analyst Overview:

The fitness equipment market is witnessing a surge in demand as individuals prioritize health consciousness and seek to enhance their overall weight, physical stamina, and muscular strength. With gym memberships becoming increasingly popular, there's a parallel trend towards in-home equipment, catering to the needs of the urban population with hectic schedules and a preference for self-care products. Moreover, fitness trends are evolving to combat sedentary lifestyles, prompting a shift towards free weights, cables, and adjustable pulleys for a comprehensive workout experience encompassing abdominal, arm, shoulder, back, chest, leg exercises, including leg presses and calf raises.

Additionally, technological advancements such as wireless telemetry heart rate monitoring further enhance the appeal of home gym equipment, particularly for home user segments looking for convenience and minimal storage space solutions. Furthermore, the market caters to various end users, from health clubs/gyms to hospitality, corporate, and public sectors, offering equipment tailored to price points ranging from premium/luxury to mass markets. Government initiatives also play a role in driving market growth, supporting medical treatments and encouraging a healthier lifestyle across residential and commercial segments.

Fitness Equipment Market Scope

Report Coverage

Details

Page number

120

Base year

2023

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.01%

Market Growth 2024-2028

USD 4.09 billion

Market structure

Fragmented

YoY growth (%)

5.48

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 44%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

BowFlex, Body Solid Inc., Concept2 Inc., Dyaco International Inc., Exercycle SL, gym80 International GmbH, Icon Health and Fitness Inc., Impulse Fitness Sdn Bhd, Johnson Health Tech Co. Ltd., Keiser Corp., Les Mills International Ltd., Life Fitness, LifeSpanFitness, Peloton Interactive Inc., Performance Health Systems LLC., Rogue Fitness, Royal Play Equipments Pvt Ltd., TECHNOGYM S.p.A, Titan Brands, True Fitness Technology Inc., Tunturi New Fitness BV, and WOODWAY Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market forecast during the forecast period
  • Detailed information on factors that will drive the growth of the market  between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, APAC, Europe, Middle East and Africa, and South America
  • Thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of fitness equipment market companies

 

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global fitness equipment market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global fitness equipment market 2018 - 2022 ($ billion)
    • 4.2 Product Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Product Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Cardiovascular training equipment - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Cardiovascular training equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Cardiovascular training equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Cardiovascular training equipment - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Cardiovascular training equipment - Year-over-year growth 2023-2028 (%)
    • 6.4 Strength training equipment - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Strength training equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Strength training equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Strength training equipment - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Strength training equipment - Year-over-year growth 2023-2028 (%)
    • 6.5 Other equipment - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Other equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Other equipment - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Other equipment - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Other equipment - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Product
      • Exhibit 46: Market opportunity by Product ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Individual users - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Individual users - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Individual users - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Individual users - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Individual users - Year-over-year growth 2023-2028 (%)
    • 7.4 Health clubs and gyms - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Health clubs and gyms - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Health clubs and gyms - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Health clubs and gyms - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Health clubs and gyms - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 60: Market opportunity by End-user ($ billion)
      • Exhibit 61: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 UK - Market size and forecast 2023-2028
      • Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Body Solid Inc.
              • Exhibit 115: Body Solid Inc. - Overview
              • Exhibit 116: Body Solid Inc. - Product / Service
              • Exhibit 117: Body Solid Inc. - Key offerings
            • 12.4 BowFlex
              • Exhibit 118: BowFlex - Overview
              • Exhibit 119: BowFlex - Product / Service
              • Exhibit 120: BowFlex - Key offerings
            • 12.5 Concept2 Inc.
              • Exhibit 121: Concept2 Inc. - Overview
              • Exhibit 122: Concept2 Inc. - Product / Service
              • Exhibit 123: Concept2 Inc. - Key offerings
            • 12.6 Dyaco International Inc.
              • Exhibit 124: Dyaco International Inc. - Overview
              • Exhibit 125: Dyaco International Inc. - Business segments
              • Exhibit 126: Dyaco International Inc. - Key offerings
              • Exhibit 127: Dyaco International Inc. - Segment focus
            • 12.7 Icon Health and Fitness Inc.
              • Exhibit 128: Icon Health and Fitness Inc. - Overview
              • Exhibit 129: Icon Health and Fitness Inc. - Product / Service
              • Exhibit 130: Icon Health and Fitness Inc. - Key offerings
            • 12.8 Johnson Health Tech Co. Ltd.
              • Exhibit 131: Johnson Health Tech Co. Ltd. - Overview
              • Exhibit 132: Johnson Health Tech Co. Ltd. - Product / Service
              • Exhibit 133: Johnson Health Tech Co. Ltd. - Key offerings
            • 12.9 Keiser Corp.
              • Exhibit 134: Keiser Corp. - Overview
              • Exhibit 135: Keiser Corp. - Product / Service
              • Exhibit 136: Keiser Corp. - Key offerings
            • 12.10 Life Fitness
              • Exhibit 137: Life Fitness - Overview
              • Exhibit 138: Life Fitness - Product / Service
              • Exhibit 139: Life Fitness - Key offerings
            • 12.11 Peloton Interactive Inc.
              • Exhibit 140: Peloton Interactive Inc. - Overview
              • Exhibit 141: Peloton Interactive Inc. - Business segments
              • Exhibit 142: Peloton Interactive Inc. - Key offerings
              • Exhibit 143: Peloton Interactive Inc. - Segment focus
            • 12.12 Rogue Fitness
              • Exhibit 144: Rogue Fitness - Overview
              • Exhibit 145: Rogue Fitness - Product / Service
              • Exhibit 146: Rogue Fitness - Key offerings
            • 12.13 Royal Play Equipments Pvt Ltd.
              • Exhibit 147: Royal Play Equipments Pvt Ltd. - Overview
              • Exhibit 148: Royal Play Equipments Pvt Ltd. - Product / Service
              • Exhibit 149: Royal Play Equipments Pvt Ltd. - Key offerings
            • 12.14 TECHNOGYM S.p.A
              • Exhibit 150: TECHNOGYM S.p.A - Overview
              • Exhibit 151: TECHNOGYM S.p.A - Product / Service
              • Exhibit 152: TECHNOGYM S.p.A - Key offerings
            • 12.15 Titan Brands
              • Exhibit 153: Titan Brands - Overview
              • Exhibit 154: Titan Brands - Product / Service
              • Exhibit 155: Titan Brands - Key offerings
            • 12.16 True Fitness Technology Inc.
              • Exhibit 156: True Fitness Technology Inc. - Overview
              • Exhibit 157: True Fitness Technology Inc. - Product / Service
              • Exhibit 158: True Fitness Technology Inc. - Key offerings
            • 12.17 WOODWAY Inc.
              • Exhibit 159: WOODWAY Inc. - Overview
              • Exhibit 160: WOODWAY Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 161: Inclusions checklist
                • Exhibit 162: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 163: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 164: Research methodology
                • Exhibit 165: Validation techniques employed for market sizing
                • Exhibit 166: Information sources
              • 13.5 List of abbreviations
                • Exhibit 167: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

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              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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