Market Overview:
The global body-building vehicle 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 demand for body-building vehicles for home and commercial use. Additionally, the growing awareness about the benefits of using body-building vehicles is also contributing to the growth of this market. The global body-building vehicle market can be segmented on the basis of type into magnetically controlled vehicles, electromagnetic controlled vehicles, and others. Electromagnetic controlled vehicles are expected to witness higher growth during the forecast period as they offer better control and precision than other types of body-building vehicles. On the basis of application, this market can be segmented into home use and commercial use. Home use is expected to account for a larger share in terms of revenue in this market owing to rising demand from end users across regions such as North America, Latin America, Europe Asia Pacific and Middle East & Africa .
Product Definition:
A body-building vehicle is a car or other type of motor vehicle that is used for the purpose of transporting people to and from body-building competitions and events. These vehicles are often decked out with graphics and signage promoting the sport, as well as providing a place for competitors to warm up before their events.
Magnetically Controlled Vehicle:
Magnetically controlled vehicles are vehicles that have magnetic levitation for moving the vehicle on road. The working principle is very simple, a powerful electromagnet attracts the iron filings in the tracks and provides enough traction to run. A normal power train can be installed in these vehicles as it has no direct connection with magnetism; however, they do not have any conventional wheels or axles so there is no use of fuel intake or exhaust gases.
Electromagnetic Controlled Vehicle:
Electromagnetic Controlled Vehicle (ECV) is a vehicle which uses electromagnetic control for its operation. It can be defined as any vehicle that uses electrical energy generated by an engine to operate the drivetrain and/or body via electromagnetic means. ECVs are different from conventional electric vehicles in terms of design, technology used, and application areas served.
Application Insights:
The commercial use segment dominated the global body-building vehicle market in 2017. This can be attributed to the rising number of health clubs and sports centers that are using these vehicles for muscle training. Furthermore, increasing government initiatives towards weight reduction among adults is also driving the demand for these machines at commercial gyms.
Home users prefer body-building vehicles over free weights or gymnasiums as they can workout at home without any extra cost or effort. Moreover, consumers find it convenient to use BVMs as they provide an effective way of building lean muscle mass while reducing overall fat levels in the body by burning calories faster than usual through cardiovascular exercise alone. These factors are expected to drive product demand among home users over the forecast period.
Body-building vehicle manufacturers have launched products with features such as LCD displays that show user information like speed, distance covered, calories burnt.
Regional Analysis:
North America dominated the global body-building vehicle market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing awareness about physical fitness, presence of a large number of gyms and health clubs, rising obesity levels among people, and high disposable income of consumers in this region. Asia Pacific is estimated to grow at the fastest rate during the forecast period owing to increasing government initiatives for improving public health by creating awareness about sports and fitness activities along with growing popularity of body-building competitions in countries such as China & Japan.
Growth Factors:
- Increasing disposable income of the population: The body-building vehicle market is expected to grow as the disposable income of the population increases. This is because people would be able to afford more expensive and luxurious vehicles.
- Changing lifestyle and increasing awareness about fitness: There has been a change in lifestyle among people and there is an increased awareness about fitness, which is driving the demand for body-building vehicles.
- Technological advancements: The body-building vehicle market is expected to grow due to technological advancements that are making these vehicles more efficient and luxurious.
- Growing number of luxury car enthusiasts: There is a growing number of luxury car enthusiasts who are looking for unique features in their cars, which is driving the demand for body-building vehicles.
Scope Of The Report
Report Attributes
Report Details
Report Title
Body-building Vehicle Market Research Report
By Type
Magnetically Controlled Vehicle, Electromagnetic Controlled Vehicle, Others
By Application
Home Use, Commercial Use
By Companies
Johnson, Beistegui Hermanos SA, Dyaco, Sole, ICON, Johnson
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Body-building Vehicle Market Report Segments:
The global Body-building Vehicle market is segmented on the basis of:
Types
Magnetically Controlled Vehicle, Electromagnetic Controlled Vehicle, Others
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
Home Use, Commercial Use
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:
- Johnson
- Beistegui Hermanos SA
- Dyaco
- Sole
- ICON
- Johnson
Highlights of The Body-building Vehicle 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:
- Magnetically Controlled Vehicle
- Electromagnetic Controlled Vehicle
- Others
- By Application:
- Home Use
- Commercial Use
- 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 Body-building Vehicle 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?
A body-building vehicle is a type of weightlifting machine that helps people to build muscle and lose weight.
Some of the major players in the body-building vehicle market are Johnson, Beistegui Hermanos SA, Dyaco, Sole, ICON, Johnson.
The body-building vehicle market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Body-building Vehicle Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Body-building Vehicle Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Body-building Vehicle Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Body-building Vehicle Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Body-building Vehicle Market Size & Forecast, 2020-2028 4.5.1 Body-building Vehicle Market Size and Y-o-Y Growth 4.5.2 Body-building Vehicle Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Magnetically Controlled Vehicle
5.2.2 Electromagnetic Controlled Vehicle
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Body-building Vehicle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Body-building Vehicle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Magnetically Controlled Vehicle
9.6.2 Electromagnetic Controlled Vehicle
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Magnetically Controlled Vehicle
10.6.2 Electromagnetic Controlled Vehicle
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Magnetically Controlled Vehicle
11.6.2 Electromagnetic Controlled Vehicle
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Magnetically Controlled Vehicle
12.6.2 Electromagnetic Controlled Vehicle
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Magnetically Controlled Vehicle
13.6.2 Electromagnetic Controlled Vehicle
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Body-building Vehicle Market: Competitive Dashboard
14.2 Global Body-building Vehicle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson
14.3.2 Beistegui Hermanos SA
14.3.3 Dyaco
14.3.4 Sole
14.3.5 ICON
14.3.6 Johnson