Get a free sample of Home Gym Equipment Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Get a free sample of Home Gym Equipment Market
Thank you!
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Home Gym Equipment Market Share
Key players involve in the home gym equipment market are ICON Health & Fitness Inc., Johnson Health Tech, PENT, Precor Inc., and Schwinn accounting market share of 8-12% in 2023. Manufacturers are constantly innovating and improving their products to meet the evolving needs and preferences of consumers. This competition has resulted in a wide range of equipment options, from traditional weightlifting machines to cutting-edge, high-tech devices that incorporate virtual reality and artificial intelligence. Manufacturers are also competing based on features and functionality. This includes offering equipment with a variety of workout options, such as resistance levels, adjustable weights, and built-in workout programs. Some manufacturers are even incorporating smart technology into their products, allowing users to track their progress, set goals, and receive personalized workout recommendations.
Home Gym Equipment Market Companies
Major companies operating in the home gym equipment market include:
- ICON Health & Fitness Inc.
- Johnson Health Tech
- Life Fitness
- Nautilus, Inc
- NOHrD
- Nordic Track
- PELOTON
- PENT
- Precor Inc.
- PRIME Fitness USA
- ProForm
- Schwinn
- Speediance
- Technogym
- Tonal Systems Inc.
Why is the demand for cardiovascular training equipment rising?
The cardiovascular training equipment segment in the market reached a revenue of USD 6.6 billion in 2023 and will record USD 10.1 billion by 2032, owing to technological advancements in treadmills, stationary cycles, and elliptical instructors.
How much is the home gym equipment industry worth?
The global home gym equipment market was valued at USD 11.3 billion in 2023 and will grow at 4.7% CAGR between 2024 to 2032, driven by increasing health awareness and shift towards home fitness.
Why is home gym equipment industry booming in North America?
North America home gym equipment market size was USD 4.1 billion in 2023 and is expected to reach USD 6 billion by 2032, owing to the strong health and fitness culture.
Who are the major global home gym equipment industry players?
ICON Health & Fitness Inc., Johnson Health Tech, Life Fitness, Nautilus, Inc, NOHrD, Nordic Track, PELOTON, PENT, Precor Inc., and PRIME Fitness USA among others.