Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Body-building Vehicle Market by Type (Magnetically Controlled Vehicle, Electromagnetic Controlled Vehicle, Others), By Application (Home Use, Commercial Use) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Body-building Vehicle Market by Type (Magnetically Controlled Vehicle, Electromagnetic Controlled Vehicle, Others), By Application (Home Use, Commercial Use) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 336157 4200 Machinery & Equipment 377 238 Pages 4.6 (31)
                                          

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 .


Global Body-building Vehicle Industry Outlook


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:

  1. Johnson
  2. Beistegui Hermanos SA
  3. Dyaco
  4. Sole
  5. ICON
  6. Johnson

Global Body-building Vehicle Market Overview


Highlights of The Body-building Vehicle Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Magnetically Controlled Vehicle
    2. Electromagnetic Controlled Vehicle
    3. Others
  1. By Application:

    1. Home Use
    2. Commercial Use
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Body-building Vehicle Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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