Market Overview:
The global smart home exercise equipment market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fitness and health awareness among consumers, growing geriatric population, and technological advancements in smart home exercise equipment. Based on type, the treadmill segment is expected to lead the global smart home exercise equipment market during the forecast period. This can be attributed to its high adoption rate among consumers and increasing demand for technologically advanced treadmills. Based on application, online sales are projected to grow at a higher CAGR than offline sales during the forecast period.
Product Definition:
Smart home exercise equipment is a type of equipment that is used to help people stay fit and healthy. This type of equipment can include treadmills, stationary bikes, and elliptical machines. It can also include things like rowing machines and weightlifting benches. Smart home exercise equipment generally has built-in features that allow people to track their progress over time. This can include data such as the number of calories burned, the distance traveled, or the amount of time spent working out.
Treadmill:
Treadmill is an exercise equipment which consists of two wheels, one for supporting the weight of the body and other for moving the feet to make walking or running motion. It’s a simple machine but it has many advantages over other forms of exercise such as jogging, swimming or cycling. The main advantage is that it helps in maintaining constant speed irrespective of how fast or slow you are moving.
Elliptical Trainer:
The elliptical trainer is a device used to provide an exercise routine that simulates the shape of the earth's orbit. It has two wheels, which are fixed with bearings at both ends and a handlebar for stabilization. The elliptical trainer allows users to perform exercises such as walking, jogging or running in a continuous motion without any physical effort.
It also helps in increasing flexibility and balance along with cardiovascular strength by burning calories through constant movement.
Application Insights:
The offline sales dominated the global smart home exercise equipment market, accounting for more than 70.0% share of the total revenue in 2017. The key factors driving the growth of this segment include high product adoption rates among health clubs and sports organizations as well as commercial buildings, resulting in a higher demand for products with high durability and premium features. Furthermore, increasing penetration rate of social networking websites has resulted in an increased number of buyers looking for fitness centers near their homes or places of work which is further propelling growth across all application segments over the forecast period.
Online sales are expected to witness significant growth over the forecast period owing to rising consumer preference towards online shopping due to various benefits including convenience and ease offered by online shopping coupled with secure transactions provided by major e-commerce portals globally including Amazon, eBay etc., This trend is likely to continue especially during peak holiday seasons such as Christmas when consumers are increasingly preferring buying presents through digital channels thereby fueling upmarket demand globally over next few years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing health consciousness, high adoption of fitness clubs and rising need for home-based exercise equipment. Moreover, presence of key players such as Samsung Electronics Co., Ltd.; Xiaomi Corporation; Bcycle LLC; and others is expected to drive the regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to growing trend of living a healthy lifestyle coupled with increasing disposable income levels in developing countries such as China and India. Furthermore, government initiatives encouraging people towards adopting smart homes are also driving demand for smart home exercise equipment in APAC region. For instance, Fitness First APAC launched ‘Healthy Home’ initiative across Asia Pacific which encourages people towards adopting fitness at their homes by providing various types of home based exercising equipment including stationary bikes (spin), rowing machines (rower) and treadmill (treadmill).
Growth Factors:
- Increasing awareness about the benefits of smart home exercise equipment.
- Rising disposable income of consumers, which enables them to invest in premium quality equipment.
- Growing demand for technologically advanced and innovative fitness gear.
- Proliferation of online retail channels, which offer a wider range of products at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Home Exercise Equipment Market Research Report
By Type
Treadmill, Elliptical Trainer, Cycling Bike, Rowing Machine, Others
By Application
Online Sales, Offline Sales
By Companies
ICON Health & Fitness, Life Fitness, Johnson Health Tech, Dyaco, Core Health & Fitness, Peloton, Technogym, Precor, Sole Fitness, Shanxi Orient, SportsArt, BH Fitness, LifeCORE Fitness, WaterRower, TRUE Fitness, Shuhua Sports, WNQ Fitness, Impulse, YIJIAN, Good Family
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
137
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Smart Home Exercise Equipment Market Report Segments:
The global Smart Home Exercise Equipment market is segmented on the basis of:
Types
Treadmill, Elliptical Trainer, Cycling Bike, Rowing Machine, 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
Online Sales, Offline Sales
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 Health & Fitness
- Life Fitness
- Johnson Health Tech
- Dyaco
- Core Health & Fitness
- Peloton
- Technogym
- Precor
- Sole Fitness
- Shanxi Orient
- SportsArt
- BH Fitness
- LifeCORE Fitness
- WaterRower
- TRUE Fitness
- Shuhua Sports
- WNQ Fitness
- Impulse
- YIJIAN
- Good Family
Highlights of The Smart Home Exercise Equipment 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:
- Treadmill
- Elliptical Trainer
- Cycling Bike
- Rowing Machine
- Others
- By Application:
- Online Sales
- Offline Sales
- 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 Smart Home Exercise Equipment 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
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- 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?
Smart Home Exercise Equipment is a category of home fitness equipment that helps people to stay active and healthy. This type of equipment can include things like treadmills, elliptical trainers, stationary bikes, and weight machines. These devices can be controlled by a smartphone app or a physical controller, which allows users to track their progress and make adjustments as needed.
Some of the major companies in the smart home exercise equipment market are ICON Health & Fitness, Life Fitness, Johnson Health Tech, Dyaco, Core Health & Fitness, Peloton, Technogym, Precor, Sole Fitness, Shanxi Orient, SportsArt, BH Fitness, LifeCORE Fitness, WaterRower, TRUE Fitness, Shuhua Sports, WNQ Fitness, Impulse, YIJIAN, Good Family.
The smart home exercise equipment market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Home Exercise Equipment 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 Smart Home Exercise Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Home Exercise Equipment 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 Smart Home Exercise Equipment 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 Smart Home Exercise Equipment Market Size & Forecast, 2018-2028
4.5.1 Smart Home Exercise Equipment Market Size and Y-o-Y Growth
4.5.2 Smart Home Exercise Equipment Market Absolute $ Opportunity
Chapter 5 Global Smart Home Exercise Equipment 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 Smart Home Exercise Equipment Market Size Forecast by Type
5.2.1 Treadmill
5.2.2 Elliptical Trainer
5.2.3 Cycling Bike
5.2.4 Rowing Machine
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Smart Home Exercise Equipment 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 Smart Home Exercise Equipment Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Home Exercise Equipment 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 Smart Home Exercise Equipment 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 Smart Home Exercise Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Smart Home Exercise Equipment 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 Smart Home Exercise Equipment Market Size Forecast by Type
9.6.1 Treadmill
9.6.2 Elliptical Trainer
9.6.3 Cycling Bike
9.6.4 Rowing Machine
9.6.5 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 Smart Home Exercise Equipment Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
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 Smart Home Exercise Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Smart Home Exercise Equipment 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 Smart Home Exercise Equipment Market Size Forecast by Type
10.6.1 Treadmill
10.6.2 Elliptical Trainer
10.6.3 Cycling Bike
10.6.4 Rowing Machine
10.6.5 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 Smart Home Exercise Equipment Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
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 Smart Home Exercise Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Smart Home Exercise Equipment 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 Smart Home Exercise Equipment Market Size Forecast by Type
11.6.1 Treadmill
11.6.2 Elliptical Trainer
11.6.3 Cycling Bike
11.6.4 Rowing Machine
11.6.5 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 Smart Home Exercise Equipment Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
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 Smart Home Exercise Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Smart Home Exercise Equipment 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 Smart Home Exercise Equipment Market Size Forecast by Type
12.6.1 Treadmill
12.6.2 Elliptical Trainer
12.6.3 Cycling Bike
12.6.4 Rowing Machine
12.6.5 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 Smart Home Exercise Equipment Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
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) Smart Home Exercise Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Smart Home Exercise Equipment 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) Smart Home Exercise Equipment Market Size Forecast by Type
13.6.1 Treadmill
13.6.2 Elliptical Trainer
13.6.3 Cycling Bike
13.6.4 Rowing Machine
13.6.5 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) Smart Home Exercise Equipment Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
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 Smart Home Exercise Equipment Market: Competitive Dashboard
14.2 Global Smart Home Exercise Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ICON Health & Fitness
14.3.2 Life Fitness
14.3.3 Johnson Health Tech
14.3.4 Dyaco
14.3.5 Core Health & Fitness
14.3.6 Peloton
14.3.7 Technogym
14.3.8 Precor
14.3.9 Sole Fitness
14.3.10 Shanxi Orient
14.3.11 SportsArt
14.3.12 BH Fitness
14.3.13 LifeCORE Fitness
14.3.14 WaterRower
14.3.15 TRUE Fitness
14.3.16 Shuhua Sports
14.3.17 WNQ Fitness
14.3.18 Impulse
14.3.19 YIJIAN
14.3.20 Good Family
