Market Overview:
The global power cages market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for power cages in residential and commercial applications. In terms of type, the load capacity less than 200 kg segment is expected to dominate the market during the forecast period, owing to its low cost and easy installation. However, the load capacity more than 400 kg segment is projected to grow at a higher CAGR due to its high performance and durability. In terms of application, the commercial segment is projected to grow at a higher CAGR during the forecast period as it requires sturdy equipment for heavy-duty operations.
Product Definition:
A power cage is a piece of weightlifting equipment that consists of a metal frame with four vertical posts and horizontal crossbars. The user can place weights on the crossbars to perform exercises such as squats, bench presses, and pull-ups.
Load Capacity Less Than 200 Kg:
The global load capacity less than 200 kg market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Load Capacity 200-400 Kg:
The load capacity 200-400 Kg is used in the power cages to lift and carry heavy loads. The load capacity of a power cage depends on its application and usage. For instance, if it's used for construction work then it has higher weight capacities but for manufacturing industry then lower weight capacities are preferred.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The demand from the commercial sector is expected to rise at a significant pace owing to rising construction activities and growth of various industries including petrochemicals, mining and construction materials among others. Power cages are widely used in industrial applications as they offer easy handling, transportation & storage facilities along with high durability & strength.
Powercages are extensively used by sportspersons and athletes for training or competition purposes as it provides secure holding facility while working out at home or gymnasiums without any additional hardware required. Growing popularity of home fitness centers across developed economies is likely to positively influence market growth over the forecast period (see ¢â‚¬Å“Fitness First Group Ltd., iFit International SPA, iMotionsporta AG&Co., Bally Total Fitness USA Inc., etc.).
Regional Analysis:
North America held the largest market share in 2017 owing to increasing construction activities and growing adoption of pets. In addition, rising number of high-risk individuals, such as contractors and firefighters is expected to drive the regional demand for power cages over the forecast period. Furthermore, presence of stringent regulations by OSHA regarding safety equipment is anticipated to propel product demand in commercial applications.
Asia Pacific region is projected to witness significant growth over the next eight years due to rapid urbanization coupled with increasing disposable income levels in emerging economies including China and India. Moreover, rising incidence of dog bite incidents are expected fuel regional product demand over the forecast period such as attacks on humans by dogs resulting in fatalities have been reported from India (once), Indonesia (twice), Thailand (four times) and Sri Lanka (once).
Growth Factors:
- Increasing demand for power cages in the fitness industry as a result of growing awareness about the benefits of strength training.
- Rising disposable income and changing lifestyle trends among consumers are driving demand for power cages across regions.
- Growing popularity of home-gyms is also propelling demand for power cages, as they are an essential piece of equipment to set up a home gymnasium.
- Innovative designs and features offered by manufacturers are helping to boost sales of power cages worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Cages Market Research Report
By Type
Load Capacity Less Than 200 Kg, Load Capacity 200-400 Kg, Load Capacity More Than 400 Kg
By Application
Residential, Commercial
By Companies
Technogym, LaROQ, Life Fitness, Arsenal Strength, Matrix Fitness, Tunturi, Cybex International, Precor, Gym80, Alexandave, Panatta, HOIST Fitness
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Power Cages Market Report Segments:
The global Power Cages market is segmented on the basis of:
Types
Load Capacity Less Than 200 Kg, Load Capacity 200-400 Kg, Load Capacity More Than 400 Kg
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
Residential, 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:
- Technogym
- LaROQ
- Life Fitness
- Arsenal Strength
- Matrix Fitness
- Tunturi
- Cybex International
- Precor
- Gym80
- Alexandave
- Panatta
- HOIST Fitness
Highlights of The Power Cages 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:
- Load Capacity Less Than 200 Kg
- Load Capacity 200-400 Kg
- Load Capacity More Than 400 Kg
- By Application:
- Residential
- 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 Power Cages 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:
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- Understanding Competition Scenario
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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?
Power cages are a type of cage that is designed to hold large animals such as lions, tigers, and elephants. They are made out of metal bars and have a roof that allows the animals to stay dry. Power cages allow handlers to control the animals more easily and prevent them from injuring themselves or others.
Some of the major companies in the power cages market are Technogym, LaROQ, Life Fitness, Arsenal Strength, Matrix Fitness, Tunturi, Cybex International, Precor, Gym80, Alexandave, Panatta, HOIST Fitness.
The power cages market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Cages 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 Power Cages Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Power Cages 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 Power Cages 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 Power Cages Market Size & Forecast, 2020-2028 4.5.1 Power Cages Market Size and Y-o-Y Growth 4.5.2 Power Cages 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 Load Capacity Less Than 200 Kg
5.2.2 Load Capacity 200-400 Kg
5.2.3 Load Capacity More Than 400 Kg
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 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Cages 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 Power Cages 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 Load Capacity Less Than 200 Kg
9.6.2 Load Capacity 200-400 Kg
9.6.3 Load Capacity More Than 400 Kg
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 Residential
9.10.2 Commercial
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 Load Capacity Less Than 200 Kg
10.6.2 Load Capacity 200-400 Kg
10.6.3 Load Capacity More Than 400 Kg
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 Residential
10.10.2 Commercial
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 Load Capacity Less Than 200 Kg
11.6.2 Load Capacity 200-400 Kg
11.6.3 Load Capacity More Than 400 Kg
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 Residential
11.10.2 Commercial
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 Load Capacity Less Than 200 Kg
12.6.2 Load Capacity 200-400 Kg
12.6.3 Load Capacity More Than 400 Kg
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 Residential
12.10.2 Commercial
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 Load Capacity Less Than 200 Kg
13.6.2 Load Capacity 200-400 Kg
13.6.3 Load Capacity More Than 400 Kg
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 Residential
13.10.2 Commercial
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 Power Cages Market: Competitive Dashboard
14.2 Global Power Cages Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Technogym
14.3.2 LaROQ
14.3.3 Life Fitness
14.3.4 Arsenal Strength
14.3.5 Matrix Fitness
14.3.6 Tunturi
14.3.7 Cybex International
14.3.8 Precor
14.3.9 Gym80
14.3.10 Alexandave
14.3.11 Panatta
14.3.12 HOIST Fitness