Market Overview:
The global elliptical machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about health and fitness, rising disposable income, and growing demand for home-based fitness equipment. The elliptical trainer segment is expected to account for the largest share of the global elliptical machine market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The high growth in this segment can be attributed to its growing popularity among consumers due to its low impact on joints and ability to provide a total body workout. In terms of application, the household segment is expected to account for the largest share of the global elliptical machine market in 2018.
Product Definition:
A stationary exercise machine used to simulate the cycling or walking motion. Elliptical machines provide a low-impact, total body workout that is easy on the joints. They are often used by people who are rehabilitating from an injury, pregnant women, and older adults.
Elliptical Trainer:
An elliptical trainer is a device used to provide resistance or assistance during the exercises. It provides a smooth and continuous motion with no sudden increases in weight or distances. The main aim of an elliptical trainer is to provide the correct amount of resistance so that the user can perform an exercise efficiently without having to change any other variable such as momentum, speed, load position etc., This factor makes it easier for users with limited mobility and physical capabilities.
Elliptical Cross-trainer:
An elliptical cross-trainer is a device used to provide resistance or cardio exercise to the user. It's main function is to transfer the energy from one point on the horizontal plane of motion to another point on vertical plane of motion by using friction or elastic element.
It’s primary use is in Cross Training for athletes and people who want to improve their fitness level but don’t have any particular sport as a focus.
Application Insights:
The commercial application segment dominated the global elliptical machine market in 2017, accounting for over 70.0% share of the total revenue. The growth can be attributed to increasing adoption of fitness equipment in gyms and health clubs across developed economies including U.S., Canada, Germany, France and UK. Furthermore, rising demand for cardiovascular training machines at hotels and hospitals is expected to drive the product demand over the forecast period globally.
Household application accounted for a significant share owing to growing consumer preference towards home-based exercise equipment such as treadmills and stationary bikes that are used by individuals to maintain their weight loss goals or just for toning up muscles without going out of house or room is expected to propel industry growth over the forecast period globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Regionally, the market is segmented into North America, Latin America, Europe, Asia Pacific and MEA. In North America, U.S accounted for a major revenue share in 2017 owing to high demand from end-users including commercial places like hotels gyms and corporate buildings as well as from consumers at home for maintaining fitness at regular intervals.
Growth Factors:
- Increasing awareness about the health benefits of elliptical machines among consumers.
- Rising disposable income of consumers, which enables them to invest in fitness equipment such as elliptical machines.
- Growing popularity of home-based exercise regimens, which has led to an increase in demand for elliptical machines.
- Technological advancements that have resulted in the development of more advanced and user-friendly elliptical machines.
- The increasing number of health clubs and gyms that are offering elliptical machines as part of their workout routines
Scope Of The Report
Report Attributes
Report Details
Report Title
Elliptical Machine Market Research Report
By Type
Elliptical Trainer, Elliptical Cross-trainer, Elliptical Glider
By Application
Household, Commercial
By Companies
ICON, Nautilus, Johnson, Life Fitness, Technogym, Cybex, Precor, Star Trac, Bodyguard, STEX, BODY-SOLID, Sports Art, Schwinn, WNQ, Good Family, MBH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Elliptical Machine Market Report Segments:
The global Elliptical Machine market is segmented on the basis of:
Types
Elliptical Trainer, Elliptical Cross-trainer, Elliptical Glider
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ICON
- Nautilus
- Johnson
- Life Fitness
- Technogym
- Cybex
- Precor
- Star Trac
- Bodyguard
- STEX
- BODY-SOLID
- Sports Art
- Schwinn
- WNQ
- Good Family
- MBH
Highlights of The Elliptical Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Elliptical Trainer
- Elliptical Cross-trainer
- Elliptical Glider
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elliptical Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An elliptical machine is a type of exercise equipment that uses a series of circles to create resistance against the body's movement. The user pedals while holding onto handles that rotate around the circumference of the circles.
Some of the major companies in the elliptical machine market are ICON, Nautilus, Johnson, Life Fitness, Technogym, Cybex, Precor, Star Trac, Bodyguard, STEX, BODY-SOLID, Sports Art, Schwinn, WNQ, Good Family, MBH.
The elliptical machine market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Elliptical Machine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Elliptical Machine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Elliptical Machine Market - Supply Chain
4.5. Global Elliptical Machine Market Forecast
4.5.1. Elliptical Machine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Elliptical Machine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Elliptical Machine Market Absolute $ Opportunity
5. Global Elliptical Machine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Elliptical Machine Market Size and Volume Forecast by Type
5.3.1. Elliptical Trainer
5.3.2. Elliptical Cross-trainer
5.3.3. Elliptical Glider
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Elliptical Machine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Elliptical Machine Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Elliptical Machine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Elliptical Machine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Elliptical Machine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Elliptical Machine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Elliptical Machine Demand Share Forecast, 2019-2026
9. North America Elliptical Machine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Elliptical Machine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Elliptical Machine Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Elliptical Machine Market Size and Volume Forecast by Type
9.7.1. Elliptical Trainer
9.7.2. Elliptical Cross-trainer
9.7.3. Elliptical Glider
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Elliptical Machine Demand Share Forecast, 2019-2026
10. Latin America Elliptical Machine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Elliptical Machine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Elliptical Machine Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Elliptical Machine Market Size and Volume Forecast by Type
10.7.1. Elliptical Trainer
10.7.2. Elliptical Cross-trainer
10.7.3. Elliptical Glider
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Elliptical Machine Demand Share Forecast, 2019-2026
11. Europe Elliptical Machine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Elliptical Machine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Elliptical Machine Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Elliptical Machine Market Size and Volume Forecast by Type
11.7.1. Elliptical Trainer
11.7.2. Elliptical Cross-trainer
11.7.3. Elliptical Glider
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth rojections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Elliptical Machine Demand Share, 2019-2026
12. Asia Pacific Elliptical Machine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Elliptical Machine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Elliptical Machine Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Elliptical Machine Market Size and Volume Forecast by Type
12.7.1. Elliptical Trainer
12.7.2. Elliptical Cross-trainer
12.7.3. Elliptical Glider
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Elliptical Machine Demand Share, 2019-2026
13. Middle East & Africa Elliptical Machine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Elliptical Machine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Elliptical Machine Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Elliptical Machine Market Size and Volume Forecast by Type
13.7.1. Elliptical Trainer
13.7.2. Elliptical Cross-trainer
13.7.3. Elliptical Glider
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Elliptical Machine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Elliptical Machine Market: Market Share Analysis
14.2. Elliptical Machine Distributors and Customers
14.3. Elliptical Machine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ICON
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nautilus
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Life Fitness
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Technogym
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cybex
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Precor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Star Trac
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bodyguard
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. STEX
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BODY-SOLID
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sports Art
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Schwinn
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. WNQ
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Good Family
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MBH
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
