0

Global Strength Training Equipment Market 2017-2021

  • Published: Mar 2017
  • Pages: 70
  • SKU: IRTNTR12332
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

This market research report identifies Cybex International, ICON Health and Fitness, Nautilus, Paramount Health Group, Precor, and Technogym to be the key vendors in the global strength training equipment market. This market report also presents a detailed analysis of the market by product, end-user, distribution channel, and geography.

Overview of the global strength training equipment market

Technavio’s market research report predicts that the global strength training equipment market will grow at a CAGR of above 2% during the forecast period. Growing preference for a healthy and fit lifestyle is one of the primary drivers for the market growth. Busy work schedules and rising health issues are the driving factors for daily exercise to stay fit and ward off health complications like diabetes, high cholesterol, and obesity. Countries like India and China are largely affected by type 2 diabetes due to increasing obese population and physical inactivity amongst people. Moreover, the occurrences of rising cholesterol levels in regions like the US and the UK due to the intake of saturated fats drives the need for the strength training equipment market in the future.

In terms of geography, the Americas led the global strength training equipment market during 2016 and is expected to continue its dominance for the next four years. The main contributing factor to the region’s growth is the rise in the number of health conscious people and a growing number of home gyms. Moreover, the US has the biggest market in the Americas due to factors like increasing product innovation, increase in aging population, and rising health issues, which propel the growth of the market in the region.

Competitive analysis and key vendors

The global strength training equipment market is competitive with an extensive range of products and consists of numerous key players. The market players have different tactics to raise their market share and competition is based on the factors like price, quality, brand, and variety.  Moreover, innovative products in the emerging countries with significant market awareness and the acquisition of innovative brands are expected to enhance the prospect of continuing the market dominance of the key players.

Some of the key vendors in the market are:

  • Cybex International
  • ICON Health and Fitness
  • Nautilus
  • Paramount Health Group
  • Precor
  • Technogym

Other prominent vendors include BodyCraft, Body Solid, CAP Barbell, Jerai Fitness, Life Fitness, Powertec, Total Gym, TROY Barbell, and Valor Fitness.

Segmentation by product and analysis of the strength training equipment market

  • Weights
  • Hydraulic Equipment
  • Functional Trainers

During 2016, strength training weights dominated the product segment in the global market. However, the functional trainer segment is predicted to grow higher during the forecast period due to an increase in income levels and preferences for multifeatured exercise equipment.

Segmentation by end-user and analysis of the strength training market

  • Individual Users
  • Health clubs and gyms
  • Commercial users

As per the Technavio’s market research report, the increasing demand for strength training equipment by individual users will result in this segment’s growth during 2016. Nevertheless, the commercial user segment is foreseen to witness the highest growth owing to the construction of gyms and exercise areas in office buildings.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global strength training equipment market?
  • What are the key market trends impacting the global strength training equipment market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global strength training equipment market?
  • What are the market opportunities and threats faced by the vendors in the global strength training equipment market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global strength training equipment market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

 

Table of Contents

PART 01: Executive summary

PART 02: Scope of  the report

PART 03: Research Methodology

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Global sports equipment market: Overview
  • Global fitness equipment market: Overview
  • Global strength training equipment market
  • Five forces analysis
  • PESTLE analysis

PART 06: Market segmentation  by product

  • Global strength training equipment market by product
  • Global strength training weights market
  • Global strength training hydraulic equipment market
  • Global strength training functional trainers market
  • Global strength training equipment market by others

PART 07: Market segmentation by end-user

  • Global strength training equipment market by end-user
  • Global strength training equipment market for individual users
  • Global strength training equipment market for health clubs and gyms
  • Global strength training equipment market for other commercial users

PART 08: Market segmentation by distribution channel

  • Global strength training equipment market by distribution channel

PART 09: Geographical segmentation

  • Global strength training equipment market by geography
  • Strength training equipment market in the Americas
  • Strength training equipment market in EMEA
  • Strength training equipment market in APAC

PART 10: Key leading countries

  • Strength training equipment market in the US
  • Strength training equipment market in Brazil
  • Strength training equipment market in the UK
  • Strength training equipment market in Germany
  • Strength training equipment market in Australia

PART 11: Decision framework

PART 12: Drivers and challenges

  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments

PART 13: Market trends

  • Increase in obese population
  • Technological innovation in product features
  • Rise in the number of fitness centers and health clubs
  • Integrated workout formats for group fitness classes
  • Adoption of strategic wellness initiatives by governments and corporates

PART 14: Competitor landscape

  • Competitive scenario

PART 15: Key competitor analysis

  • Cybex International
  • ICON Health and Fitness
  • Nautilus
  • Paramount Health Group
  • Precor
  • Technogym
  • Other prominent vendors

PART 16: Appendix

  • 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.

TechnavioINFORMATION 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
Technavio

TechnavioDATA 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
Technavio

TechnavioREPORT WRITING

Qualitative

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

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your sample now!
  • What are the key global market and the regional market share?
  • 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?
  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis

Certified ISO 9001 : 2015

We are ISO recognized

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Safe and Secure SSL Encrypted
Technavio

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Customized Report as per your Business Needs

  • Our analysts will work directly with you and understand your needs
  • Get data on specified regions or segments, competitor and Vendors
  • Data will be formatted and presented as per your requirements
  • We offer $1000 worth of FREE customization at the time of purchase

Let us help you make report more suited to your requirements.

  • Get a competitive breakdown as per your niche industry
  • Customize the data with various metrics that meet your business prerequisite
  • Understand Revenue Sources, Customers and many more
  • Details on Market Share
  • These customizations are done in a short amount of time by our analysts and industry experts
Technavio
Enquire Before Buying
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>