Global Smart Fitness Equipment Supply, Demand and Key Producers, 2024-2030
Page: 132
Published Date: 30 Jan 2024
Category: Consumer Goods
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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags
Description
The global Smart Fitness Equipment market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).
According to our Wellness & Health Research Center, the global wellness & health economy was valued at US dollars 4.8 trillion. Asia Pacific was the region with the highest spending on big health in 2022, with a total spending of $1.68 trillion, followed by North America ($1.42 trillion) and Europe ($1.0 trillion). According to the health industry accounting analysis data disclosed by the Health Development Research Center of the National Health Commission, from 2019 to 2021, the market size of the health service industry grew by an average of 7.0% per year, and the specific data increased from 7.7 trillion yuan to 8.8 trillion yuan. China's health industry revenue reached 8.0 trillion yuan in 2021, with an increase of 8.1%.
This report studies the global Smart Fitness Equipment demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Smart Fitness Equipment, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Smart Fitness Equipment that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Smart Fitness Equipment total market, 2019-2030, (USD Million)
Global Smart Fitness Equipment total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Smart Fitness Equipment total market, key domestic companies and share, (USD Million)
Global Smart Fitness Equipment revenue by player and market share 2019-2024, (USD Million)
Global Smart Fitness Equipment total market by Type, CAGR, 2019-2030, (USD Million)
Global Smart Fitness Equipment total market by Application, CAGR, 2019-2030, (USD Million).
This reports profiles major players in the global Smart Fitness Equipment market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include eGym, Life Fitness, Les Mills International, Technogym, Precor, DRAPER, IRONMAN Fitness & Paradigm Health & Wellness, Johnson Health Tech and IncludeFitness, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Smart Fitness Equipment market.
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.
Global Smart Fitness Equipment Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Smart Fitness Equipment Market, Segmentation by Type
Cardiovascular Training Equipment
Strength Training Equipment
Global Smart Fitness Equipment Market, Segmentation by Application
Residential
Commercial
Companies Profiled:
eGym
Life Fitness
Les Mills International
Technogym
Precor
DRAPER
IRONMAN Fitness & Paradigm Health & Wellness
Johnson Health Tech
IncludeFitness
Nautilus
Key Questions Answered
1. How big is the global Smart Fitness Equipment market?
2. What is the demand of the global Smart Fitness Equipment market?
3. What is the year over year growth of the global Smart Fitness Equipment market?
4. What is the total value of the global Smart Fitness Equipment market?
5. Who are the major players in the global Smart Fitness Equipment market?
Table of Contents
1 Supply Summary
1.1 Smart Fitness Equipment Introduction
1.2 World Smart Fitness Equipment Market Size & Forecast (2019 & 2023 & 2030)
1.3 World Smart Fitness Equipment Total Market by Region (by Headquarter Location)
1.3.1 World Smart Fitness Equipment Market Size by Region (2019-2030), (by Headquarter Location)
1.3.2 United States Smart Fitness Equipment Market Size (2019-2030)
1.3.3 China Smart Fitness Equipment Market Size (2019-2030)
1.3.4 Europe Smart Fitness Equipment Market Size (2019-2030)
1.3.5 Japan Smart Fitness Equipment Market Size (2019-2030)
1.3.6 South Korea Smart Fitness Equipment Market Size (2019-2030)
1.3.7 ASEAN Smart Fitness Equipment Market Size (2019-2030)
1.3.8 India Smart Fitness Equipment Market Size (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Smart Fitness Equipment Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Smart Fitness Equipment Major Market Trends
2.1 World Smart Fitness Equipment Consumption Value (2019-2030)
2.2 World Smart Fitness Equipment Consumption Value by Region
2.2.1 World Smart Fitness Equipment Consumption Value by Region (2019-2024)
2.2.2 World Smart Fitness Equipment Consumption Value Forecast by Region (2025-2030)
2.3 United States Smart Fitness Equipment Consumption Value (2019-2030)
2.4 China Smart Fitness Equipment Consumption Value (2019-2030)
2.5 Europe Smart Fitness Equipment Consumption Value (2019-2030)
2.6 Japan Smart Fitness Equipment Consumption Value (2019-2030)
2.7 South Korea Smart Fitness Equipment Consumption Value (2019-2030)
2.8 ASEAN Smart Fitness Equipment Consumption Value (2019-2030)
2.9 India Smart Fitness Equipment Consumption Value (2019-2030)
3.1 World Smart Fitness Equipment Revenue by Player (2019-2024)
3.2 Industry Rank and Concentration Rate (CR)
3.2.1 Global Smart Fitness Equipment Industry Rank of Major Players
3.2.2 Global Concentration Ratios (CR4) for Smart Fitness Equipment in 2023
3.2.3 Global Concentration Ratios (CR8) for Smart Fitness Equipment in 2023
3.3 Smart Fitness Equipment Company Evaluation Quadrant
3.4 Smart Fitness Equipment Market: Overall Company Footprint Analysis
3.4.1 Smart Fitness Equipment Market: Region Footprint
3.4.2 Smart Fitness Equipment Market: Company Product Type Footprint
3.4.3 Smart Fitness Equipment Market: Company Product Application Footprint
3.5 Competitive Environment
3.5.1 Historical Structure of the Industry
3.5.2 Barriers of Market Entry
3.5.3 Factors of Competition
3.6 Mergers, Acquisitions Activity
4.1 United States VS China: Smart Fitness Equipment Revenue Comparison (by Headquarter Location)
4.1.1 United States VS China: Smart Fitness Equipment Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
4.1.2 United States VS China: Smart Fitness Equipment Revenue Market Share Comparison (2019 & 2023 & 2030)
4.2 United States Based Companies VS China Based Companies: Smart Fitness Equipment Consumption Value Comparison
4.2.1 United States VS China: Smart Fitness Equipment Consumption Value Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Smart Fitness Equipment Consumption Value Market Share Comparison (2019 & 2023 & 2030)
4.3 United States Based Smart Fitness Equipment Companies and Market Share, 2019-2024
4.3.1 United States Based Smart Fitness Equipment Companies, Headquarters (States, Country)
4.3.2 United States Based Companies Smart Fitness Equipment Revenue, (2019-2024)
4.4 China Based Companies Smart Fitness Equipment Revenue and Market Share, 2019-2024
4.4.1 China Based Smart Fitness Equipment Companies, Company Headquarters (Province, Country)
4.4.2 China Based Companies Smart Fitness Equipment Revenue, (2019-2024)
4.5 Rest of World Based Smart Fitness Equipment Companies and Market Share, 2019-2024
4.5.1 Rest of World Based Smart Fitness Equipment Companies, Headquarters (States, Country)
4.5.2 Rest of World Based Companies Smart Fitness Equipment Revenue, (2019-2024)
5.1 World Smart Fitness Equipment Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Cardiovascular Training Equipment
5.2.2 Strength Training Equipment
5.3 Market Segment by Type
5.3.1 World Smart Fitness Equipment Market Size by Type (2019-2024)
5.3.2 World Smart Fitness Equipment Market Size by Type (2025-2030)
5.3.3 World Smart Fitness Equipment Market Size Market Share by Type (2019-2030)
6.1 World Smart Fitness Equipment Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Residential
6.2.2 Commercial
6.3 Market Segment by Application
6.3.1 World Smart Fitness Equipment Market Size by Application (2019-2024)
6.3.2 World Smart Fitness Equipment Market Size by Application (2025-2030)
6.3.3 World Smart Fitness Equipment Market Size by Application (2019-2030)
7.1 eGym
7.1.1 eGym Details
7.1.2 eGym Major Business
7.1.3 eGym Smart Fitness Equipment Product and Services
7.1.4 eGym Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.1.5 eGym Recent Developments/Updates
7.1.6 eGym Competitive Strengths & Weaknesses
7.2 Life Fitness
7.2.1 Life Fitness Details
7.2.2 Life Fitness Major Business
7.2.3 Life Fitness Smart Fitness Equipment Product and Services
7.2.4 Life Fitness Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.2.5 Life Fitness Recent Developments/Updates
7.2.6 Life Fitness Competitive Strengths & Weaknesses
7.3 Les Mills International
7.3.1 Les Mills International Details
7.3.2 Les Mills International Major Business
7.3.3 Les Mills International Smart Fitness Equipment Product and Services
7.3.4 Les Mills International Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.3.5 Les Mills International Recent Developments/Updates
7.3.6 Les Mills International Competitive Strengths & Weaknesses
7.4 Technogym
7.4.1 Technogym Details
7.4.2 Technogym Major Business
7.4.3 Technogym Smart Fitness Equipment Product and Services
7.4.4 Technogym Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.4.5 Technogym Recent Developments/Updates
7.4.6 Technogym Competitive Strengths & Weaknesses
7.5 Precor
7.5.1 Precor Details
7.5.2 Precor Major Business
7.5.3 Precor Smart Fitness Equipment Product and Services
7.5.4 Precor Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.5.5 Precor Recent Developments/Updates
7.5.6 Precor Competitive Strengths & Weaknesses
7.6 DRAPER
7.6.1 DRAPER Details
7.6.2 DRAPER Major Business
7.6.3 DRAPER Smart Fitness Equipment Product and Services
7.6.4 DRAPER Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.6.5 DRAPER Recent Developments/Updates
7.6.6 DRAPER Competitive Strengths & Weaknesses
7.7 IRONMAN Fitness & Paradigm Health & Wellness
7.7.1 IRONMAN Fitness & Paradigm Health & Wellness Details
7.7.2 IRONMAN Fitness & Paradigm Health & Wellness Major Business
7.7.3 IRONMAN Fitness & Paradigm Health & Wellness Smart Fitness Equipment Product and Services
7.7.4 IRONMAN Fitness & Paradigm Health & Wellness Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.7.5 IRONMAN Fitness & Paradigm Health & Wellness Recent Developments/Updates
7.7.6 IRONMAN Fitness & Paradigm Health & Wellness Competitive Strengths & Weaknesses
7.8 Johnson Health Tech
7.8.1 Johnson Health Tech Details
7.8.2 Johnson Health Tech Major Business
7.8.3 Johnson Health Tech Smart Fitness Equipment Product and Services
7.8.4 Johnson Health Tech Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.8.5 Johnson Health Tech Recent Developments/Updates
7.8.6 Johnson Health Tech Competitive Strengths & Weaknesses
7.9 IncludeFitness
7.9.1 IncludeFitness Details
7.9.2 IncludeFitness Major Business
7.9.3 IncludeFitness Smart Fitness Equipment Product and Services
7.9.4 IncludeFitness Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.9.5 IncludeFitness Recent Developments/Updates
7.9.6 IncludeFitness Competitive Strengths & Weaknesses
7.10 Nautilus
7.10.1 Nautilus Details
7.10.2 Nautilus Major Business
7.10.3 Nautilus Smart Fitness Equipment Product and Services
7.10.4 Nautilus Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024)
7.10.5 Nautilus Recent Developments/Updates
7.10.6 Nautilus Competitive Strengths & Weaknesses
8.1 Smart Fitness Equipment Industry Chain
8.2 Smart Fitness Equipment Upstream Analysis
8.3 Smart Fitness Equipment Midstream Analysis
8.4 Smart Fitness Equipment Downstream Analysis
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. World Smart Fitness Equipment Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
Table 2. World Smart Fitness Equipment Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
Table 3. World Smart Fitness Equipment Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
Table 4. World Smart Fitness Equipment Revenue Market Share by Region (2019-2024), (by Headquarter Location)
Table 5. World Smart Fitness Equipment Revenue Market Share by Region (2025-2030), (by Headquarter Location)
Table 6. Major Market Trends
Table 7. World Smart Fitness Equipment Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
Table 8. World Smart Fitness Equipment Consumption Value by Region (2019-2024) & (USD Million)
Table 9. World Smart Fitness Equipment Consumption Value Forecast by Region (2025-2030) & (USD Million)
Table 10. World Smart Fitness Equipment Revenue by Player (2019-2024) & (USD Million)
Table 11. Revenue Market Share of Key Smart Fitness Equipment Players in 2023
Table 12. World Smart Fitness Equipment Industry Rank of Major Player, Based on Revenue in 2023
Table 13. Global Smart Fitness Equipment Company Evaluation Quadrant
Table 14. Head Office of Key Smart Fitness Equipment Player
Table 15. Smart Fitness Equipment Market: Company Product Type Footprint
Table 16. Smart Fitness Equipment Market: Company Product Application Footprint
Table 17. Smart Fitness Equipment Mergers & Acquisitions Activity
Table 18. United States VS China Smart Fitness Equipment Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 19. United States VS China Smart Fitness Equipment Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 20. United States Based Smart Fitness Equipment Companies, Headquarters (States, Country)
Table 21. United States Based Companies Smart Fitness Equipment Revenue, (2019-2024) & (USD Million)
Table 22. United States Based Companies Smart Fitness Equipment Revenue Market Share (2019-2024)
Table 23. China Based Smart Fitness Equipment Companies, Headquarters (Province, Country)
Table 24. China Based Companies Smart Fitness Equipment Revenue, (2019-2024) & (USD Million)
Table 25. China Based Companies Smart Fitness Equipment Revenue Market Share (2019-2024)
Table 26. Rest of World Based Smart Fitness Equipment Companies, Headquarters (States, Country)
Table 27. Rest of World Based Companies Smart Fitness Equipment Revenue, (2019-2024) & (USD Million)
Table 28. Rest of World Based Companies Smart Fitness Equipment Revenue Market Share (2019-2024)
Table 29. World Smart Fitness Equipment Market Size by Type, (USD Million), 2019 & 2023 & 2030
Table 30. World Smart Fitness Equipment Market Size by Type (2019-2024) & (USD Million)
Table 31. World Smart Fitness Equipment Market Size by Type (2025-2030) & (USD Million)
Table 32. World Smart Fitness Equipment Market Size by Application, (USD Million), 2019 & 2023 & 2030
Table 33. World Smart Fitness Equipment Market Size by Application (2019-2024) & (USD Million)
Table 34. World Smart Fitness Equipment Market Size by Application (2025-2030) & (USD Million)
Table 35. eGym Basic Information, Area Served and Competitors
Table 36. eGym Major Business
Table 37. eGym Smart Fitness Equipment Product and Services
Table 38. eGym Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 39. eGym Recent Developments/Updates
Table 40. eGym Competitive Strengths & Weaknesses
Table 41. Life Fitness Basic Information, Area Served and Competitors
Table 42. Life Fitness Major Business
Table 43. Life Fitness Smart Fitness Equipment Product and Services
Table 44. Life Fitness Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 45. Life Fitness Recent Developments/Updates
Table 46. Life Fitness Competitive Strengths & Weaknesses
Table 47. Les Mills International Basic Information, Area Served and Competitors
Table 48. Les Mills International Major Business
Table 49. Les Mills International Smart Fitness Equipment Product and Services
Table 50. Les Mills International Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 51. Les Mills International Recent Developments/Updates
Table 52. Les Mills International Competitive Strengths & Weaknesses
Table 53. Technogym Basic Information, Area Served and Competitors
Table 54. Technogym Major Business
Table 55. Technogym Smart Fitness Equipment Product and Services
Table 56. Technogym Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 57. Technogym Recent Developments/Updates
Table 58. Technogym Competitive Strengths & Weaknesses
Table 59. Precor Basic Information, Area Served and Competitors
Table 60. Precor Major Business
Table 61. Precor Smart Fitness Equipment Product and Services
Table 62. Precor Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 63. Precor Recent Developments/Updates
Table 64. Precor Competitive Strengths & Weaknesses
Table 65. DRAPER Basic Information, Area Served and Competitors
Table 66. DRAPER Major Business
Table 67. DRAPER Smart Fitness Equipment Product and Services
Table 68. DRAPER Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 69. DRAPER Recent Developments/Updates
Table 70. DRAPER Competitive Strengths & Weaknesses
Table 71. IRONMAN Fitness & Paradigm Health & Wellness Basic Information, Area Served and Competitors
Table 72. IRONMAN Fitness & Paradigm Health & Wellness Major Business
Table 73. IRONMAN Fitness & Paradigm Health & Wellness Smart Fitness Equipment Product and Services
Table 74. IRONMAN Fitness & Paradigm Health & Wellness Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 75. IRONMAN Fitness & Paradigm Health & Wellness Recent Developments/Updates
Table 76. IRONMAN Fitness & Paradigm Health & Wellness Competitive Strengths & Weaknesses
Table 77. Johnson Health Tech Basic Information, Area Served and Competitors
Table 78. Johnson Health Tech Major Business
Table 79. Johnson Health Tech Smart Fitness Equipment Product and Services
Table 80. Johnson Health Tech Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 81. Johnson Health Tech Recent Developments/Updates
Table 82. Johnson Health Tech Competitive Strengths & Weaknesses
Table 83. IncludeFitness Basic Information, Area Served and Competitors
Table 84. IncludeFitness Major Business
Table 85. IncludeFitness Smart Fitness Equipment Product and Services
Table 86. IncludeFitness Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 87. IncludeFitness Recent Developments/Updates
Table 88. Nautilus Basic Information, Area Served and Competitors
Table 89. Nautilus Major Business
Table 90. Nautilus Smart Fitness Equipment Product and Services
Table 91. Nautilus Smart Fitness Equipment Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
Table 92. Global Key Players of Smart Fitness Equipment Upstream (Raw Materials)
Table 93. Smart Fitness Equipment Typical Customers
List of Figure
Figure 1. Smart Fitness Equipment Picture
Figure 2. World Smart Fitness Equipment Total Market Size: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Smart Fitness Equipment Total Market Size (2019-2030) & (USD Million)
Figure 4. World Smart Fitness Equipment Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
Figure 5. World Smart Fitness Equipment Revenue Market Share by Region (2019-2030), (by Headquarter Location)
Figure 6. United States Based Company Smart Fitness Equipment Revenue (2019-2030) & (USD Million)
Figure 7. China Based Company Smart Fitness Equipment Revenue (2019-2030) & (USD Million)
Figure 8. Europe Based Company Smart Fitness Equipment Revenue (2019-2030) & (USD Million)
Figure 9. Japan Based Company Smart Fitness Equipment Revenue (2019-2030) & (USD Million)
Figure 10. South Korea Based Company Smart Fitness Equipment Revenue (2019-2030) & (USD Million)
Figure 11. ASEAN Based Company Smart Fitness Equipment Revenue (2019-2030) & (USD Million)
Figure 12. India Based Company Smart Fitness Equipment Revenue (2019-2030) & (USD Million)
Figure 13. Smart Fitness Equipment Market Drivers
Figure 14. Factors Affecting Demand
Figure 15. World Smart Fitness Equipment Consumption Value (2019-2030) & (USD Million)
Figure 16. World Smart Fitness Equipment Consumption Value Market Share by Region (2019-2030)
Figure 17. United States Smart Fitness Equipment Consumption Value (2019-2030) & (USD Million)
Figure 18. China Smart Fitness Equipment Consumption Value (2019-2030) & (USD Million)
Figure 19. Europe Smart Fitness Equipment Consumption Value (2019-2030) & (USD Million)
Figure 20. Japan Smart Fitness Equipment Consumption Value (2019-2030) & (USD Million)
Figure 21. South Korea Smart Fitness Equipment Consumption Value (2019-2030) & (USD Million)
Figure 22. ASEAN Smart Fitness Equipment Consumption Value (2019-2030) & (USD Million)
Figure 23. India Smart Fitness Equipment Consumption Value (2019-2030) & (USD Million)
Figure 24. Producer Shipments of Smart Fitness Equipment by Player Revenue ($MM) and Market Share (%): 2023
Figure 25. Global Four-firm Concentration Ratios (CR4) for Smart Fitness Equipment Markets in 2023
Figure 26. Global Four-firm Concentration Ratios (CR8) for Smart Fitness Equipment Markets in 2023
Figure 27. United States VS China: Smart Fitness Equipment Revenue Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States VS China: Smart Fitness Equipment Consumption Value Market Share Comparison (2019 & 2023 & 2030)
Figure 29. World Smart Fitness Equipment Market Size by Type, (USD Million), 2019 & 2023 & 2030
Figure 30. World Smart Fitness Equipment Market Size Market Share by Type in 2023
Figure 31. Cardiovascular Training Equipment
Figure 32. Strength Training Equipment
Figure 33. World Smart Fitness Equipment Market Size Market Share by Type (2019-2030)
Figure 34. World Smart Fitness Equipment Market Size by Application, (USD Million), 2019 & 2023 & 2030
Figure 35. World Smart Fitness Equipment Market Size Market Share by Application in 2023
Figure 36. Residential
Figure 37. Commercial
Figure 38. Smart Fitness Equipment Industrial Chain
Figure 39. Methodology
Figure 40. Research Process and Data Source
Research Methodology
Client Requirements
Review and analyze client requirements
Discussion of all the project requirements and queries
Flexibility Check
Project Feasibility Analysis
Finalizing tentative research programme
Structuring project proposal with scope, timeline, and costs
Analyzing Market Dynamics
Determination of key drivers, restraints, challenge, and opportunity
Identifies market needs and trends
Market Size Estimation & Forecast
Estimation of historical data based on secondary and primary data
Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)
Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies
Consideration of geography, region-specific product/service demand for region segments
Consideration of product utilization rates, product demand outlook for segments by application or end-user.
Data Source
Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports,
paid database, press releases, blogs, newsletters,and GIR repositories.
Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts
to verify insights.
Validation
and
triangulation of
secondary and primary source.
Collection of data
Cumulating and collating the essential qualitative and quantitative data
Generation of report in client requested format by research analysts
Reviews by expert analysts
Final quality check
Clarifying queries
Receiving feedback
Ensuring satisfaction
01 Identification of data
This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
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02 Evaluation of Market Dynamic
This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
-
03 Collection of Data
This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
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04 Collaboration of Data
This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis
This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.
Companies Mentioned
eGym Life Fitness Les Mills International Technogym Precor DRAPER IRONMAN Fitness & Paradigm Health & Wellness Johnson Health Tech IncludeFitness Nautilus
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