Market Overview:
The global gym/club fitness trackers market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for gym/club fitness trackers across different regions, owing to their various benefits such as improved tracking of workouts, enhanced performance, and better overall health. Additionally, the growing popularity of wearable technology is also propelling the growth of this market. Based on type, wrist wear accounted for a major share of the global gym/club fitness trackers market in 2017. This segment is expected to maintain its dominance during the forecast period due to factors such as increasing demand for smartwatches and rising awareness about health and fitness among consumers.
Product Definition:
Gym/Club Fitness Trackers are devices that allow users to track their progress in the gym or at the club. They can be used to track things such as weight, repetitions, and calories burned. This information can then be used to help people set goals and track their progress over time. Gym/Club Fitness Trackers can be important because they allow people to see tangible results from their workouts, which can motivate them to continue working out.
Wrist Wear:
Wrist wear is a device or apparel that is used to measure the amount of weight lifted by the user. It can be considered as an alternative to self-monitoring blood pressure (SMBP) devices since both have similar purposes, i.e., measuring the amount of weight lifted using different methods. The primary difference between wrist wear and self-monitoring blood pressure devices is that wrist wear provides more precise results than does a sphygmomanometer (SMP).
Leg Wear:
The global leg wear and it's usage in the gym/club fitness trackers market size was valued at USD 6.5 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 7.0% from 2019 to 2025. Increasing participation rates of individuals engaged in sports activities, coupled with rising health consciousness among consumers are some major factors driving the demand for fitness devices such as treadmills, elliptical machines, stationary bicycles, etc.
Application Insights:
The other application segment held the largest share of more than 60.0% in 2017. This is attributed to the growing adoption of gym and club fitness trackers by individuals for health and wellness purposes, as well as for maintaining a healthy lifestyle. Furthermore, increasing demand for wearable devices that monitor physical activity levels has also positively influenced market growth over the recent years.
Specialist retailers accounted for a significant share in 2017 owing to their strong presence across retail outlets such as specialty stores, sports equipment shops, health clubs and hotels/resorts where consumers can find all types of fitness trackers manufactured by various companies at affordable prices along with easy payment options offered by these retailers.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding health and fitness, presence of a large number of gyms, and rising popularity of group exercise classes across U.S., Canada, and Mexico. Asia Pacific is anticipated to witness significant growth over the next eight years owing to growing interest in group fitness activities among individuals as well as corporate employees in countries such as China, Japan, India, Singapore & Malaysia).
The increasing adoption rate of wearable technology by manufacturers coupled with rising demand for fashionable gym accessories will also drive regional growth over the forecast period.
Growth Factors:
- Increasing awareness about the health benefits of fitness trackers among gym-goers and club-goers.
- Rising demand for technologically advanced fitness trackers with more features.
- Growing popularity of wearable technology among consumers worldwide.
- Proliferation of health and fitness apps that can be used with fitness trackers to provide more comprehensive tracking and analysis of workout data.
- Increasing number of gyms and clubs offering dedicated areas for tracking workouts using fitness trackers
Scope Of The Report
Report Attributes
Report Details
Report Title
Gym/Club Fitness Trackers Market Research Report
By Type
Wrist Wear, Leg Wear, Others,
By Application
Specialist Retailers, Factory Outlets, Internet Sales, Other,
By Companies
Fitbit, Samsung, XiaoMi, Garmin, Jabra, Atlas Wearables, Moov, MyZone, Wahoo, Gymwatch, Hykso, Lumo Bodytech Inc, TomTom, NadiX
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Gym/Club Fitness Trackers Market Report Segments:
The global Gym/Club Fitness Trackers market is segmented on the basis of:
Types
Wrist Wear, Leg Wear, 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
Specialist Retailers, Factory Outlets, Internet Sales, Other,
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:
- Fitbit
- Samsung
- XiaoMi
- Garmin
- Jabra
- Atlas Wearables
- Moov
- MyZone
- Wahoo
- Gymwatch
- Hykso
- Lumo Bodytech Inc
- TomTom
- NadiX
Highlights of The Gym/Club Fitness Trackers 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:
- Wrist Wear
- Leg Wear
- Others
- By Application:
- Specialist Retailers
- Factory Outlets
- Internet Sales
- Other
- 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 Gym/Club Fitness Trackers 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.
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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?
Gym/club fitness trackers are wearable devices that help people keep track of their physical activity and exercise progress. They typically include a heart rate monitor, GPS tracking, and other features to help users stay motivated and accountable.
Some of the major companies in the gym/club fitness trackers market are Fitbit, Samsung, XiaoMi, Garmin, Jabra, Atlas Wearables, Moov, MyZone, Wahoo, Gymwatch, Hykso, Lumo Bodytech Inc, TomTom, NadiX.
The gym/club fitness trackers market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gym/Club Fitness Trackers 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. Gym/Club Fitness Trackers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gym/Club Fitness Trackers Market - Supply Chain
4.5. Global Gym/Club Fitness Trackers Market Forecast
4.5.1. Gym/Club Fitness Trackers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gym/Club Fitness Trackers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gym/Club Fitness Trackers Market Absolute $ Opportunity
5. Global Gym/Club Fitness Trackers 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. Gym/Club Fitness Trackers Market Size and Volume Forecast by Type
5.3.1. Wrist Wear
5.3.2. Leg Wear
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gym/Club Fitness Trackers 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. Gym/Club Fitness Trackers Market Size and Volume Forecast by Application
6.3.1. Specialist Retailers
6.3.2. Factory Outlets
6.3.3. Internet Sales
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gym/Club Fitness Trackers 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. Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers 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. Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers Demand Share Forecast, 2019-2026
9. North America Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers Market Size and Volume Forecast by Application
9.4.1. Specialist Retailers
9.4.2. Factory Outlets
9.4.3. Internet Sales
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gym/Club Fitness Trackers Market Size and Volume Forecast by Type
9.7.1. Wrist Wear
9.7.2. Leg Wear
9.7.3. Others
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 Gym/Club Fitness Trackers Demand Share Forecast, 2019-2026
10. Latin America Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers Market Size and Volume Forecast by Application
10.4.1. Specialist Retailers
10.4.2. Factory Outlets
10.4.3. Internet Sales
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gym/Club Fitness Trackers Market Size and Volume Forecast by Type
10.7.1. Wrist Wear
10.7.2. Leg Wear
10.7.3. Others
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 Gym/Club Fitness Trackers Demand Share Forecast, 2019-2026
11. Europe Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers Market Size and Volume Forecast by Application
11.4.1. Specialist Retailers
11.4.2. Factory Outlets
11.4.3. Internet Sales
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gym/Club Fitness Trackers Market Size and Volume Forecast by Type
11.7.1. Wrist Wear
11.7.2. Leg Wear
11.7.3 Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections 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 Gym/Club Fitness Trackers Demand Share, 2019-2026
12. Asia Pacific Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers Market Size and Volume Forecast by Application
12.4.1. Specialist Retailers
12.4.2. Factory Outlets
12.4.3. Internet Sales
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gym/Club Fitness Trackers Market Size and Volume Forecast by Type
12.7.1. Wrist Wear
12.7.2. Leg Wear
12.7.3. Others
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 Gym/Club Fitness Trackers Demand Share, 2019-2026
13. Middle East & Africa Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers 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 Gym/Club Fitness Trackers Market Size and Volume Forecast by Application
13.4.1. Specialist Retailers
13.4.2. Factory Outlets
13.4.3. Internet Sales
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gym/Club Fitness Trackers Market Size and Volume Forecast by Type
13.7.1. Wrist Wear
13.7.2. Leg Wear
13.7.3. Others
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 Gym/Club Fitness Trackers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gym/Club Fitness Trackers Market: Market Share Analysis
14.2. Gym/Club Fitness Trackers Distributors and Customers
14.3. Gym/Club Fitness Trackers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fitbit
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Samsung
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. XiaoMi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Garmin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Jabra
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Atlas Wearables
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Moov
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. MyZone
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wahoo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gymwatch
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hykso
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lumo Bodytech Inc
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. TomTom
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. NadiX
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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