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Smart Home Gym Equipment Market Share

Report ID: GMI9774
Published Date: Jun 2024
Report Format: PDF

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Smart Home Gym Equipment Market Share

Smart Home Gym Equipment Company Market Share Analysis (2023)

Key players involve in the market are Life Fitness, Technogym S.p.A, Peloton Interactive Inc., Precor and Tonal Systems Inc. accounting market share of 20-22% 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 advance machine, 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.

Smart Home Gym Equipment Market Companies

Major companies operating in the smart home gym equipment industry include:

AOPEN Inc.
Aroleap Fitness Private Limited
Aviron Interactive
Beyond Power Inc.
EGYM
Flexnest Gym Accessories
INNODIGYM
Life Fitness
Maxpro Fitness
Nordic Track
Peloton Interactive Inc.
Precor
Speediance
TECHNOGYM S.p.A
Tonal Systems Inc.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global smart home gym equipment industry was valued at USD 3.77 billion in 2023 and is anticipated to register 5.1% CAGR between 2024 and 2032 due to the increasing health awareness and shift towards home fitness and advancement in technology.

The medium professional segment in the market is expected to reach USD 3.91 billion by 2032 due to their affordability and versatility.

North America smart home gym equipment market size is expected to record USD 2.25 billion by 2032 due to the strong health and fitness culture, and consumers largely prioritizing fitness and opting for home workouts for convenience, flexibility, and personalization.

AOPEN Inc., Aroleap Fitness Private Limited , Aviron Interactive, Beyond Power Inc., EGYM, Flexnest Gym Accessories, INNODIGYM, Life Fitness, Maxpro Fitness, Nordic Track, Peloton Interactive Inc. and Precor, among others.