The smart home gym equipment market is anticipated to grow at a significant CAGR of 9.2% during the forecast period. Smart home gym equipment stores, monitor, and analyze the progress in the fitness of users at the comfort of home. The growth in the market can be majorly attributed to the growing health concerns coupled with the increasing desire among young and adults for the toned body. Additionally, the increasing penetration of IoT and various smart devices especially across the developing regions is paving the way for the smart home gym equipment market expansion. Apart from this, the increasing incidences of obesity among all age groups are also driving the adoption of smart home gym equipment.
Get Free Sample link @ https://www.omrglobal.com/request-sample/smart-home-gym-equipment-market
The COVID-19 pandemic has surged the demand for gym equipment at home, as the gyms in various countries were closed during the lockdowns introduced by the governments of different nations (with different timelines). Moreover, gyming with wearing a mask is not feasible for most people. Hence, people are opting for gyming from home. Furthermore, the integration of gym equipment with various coaching software is also providing good growth opportunities to the home gym equipment market. However, the high cost associated with the smart gym equipment will limit the expansion of the market in countries with low disposable income. In addition to this, the limitation of space at home to store various bulky gym equipment will also hamper the growth of the market.
full report of Smart Home Gym Equipment Market available @ https://www.omrglobal.com/industry-reports/smart-home-gym-equipment-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
lobal Smart home gym equipment Market Report Segment
By Product Type
- Treadmills
- Cycling Machines
- Rowing Machines
- Others (Virtual Fitness Trainer & walking peddles)
By Distribution Channel
- Online
- Offline
Global Smart Home Gym Equipment Market Report Segment
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Smart home gym equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smart-home-gym-equipment-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
