Europe Smart Home Gym Equipment Market Size, Share and Forecast 2020-2026
The Europe smart home gym equipment market is anticipated to grow with a considerable CAGR of 8.3% during the forecast period (2020-2026). The increasing engagement of the people towards overall health management is expected to be the leading factor fuelling the growth of the European smart home gym equipment industry. It is mainly due to the rising obesity level, high prevalence of chronic diseases such as diabetes and CVD among others. The smart home gym equipment provides a personalized workout regime at the comfort of home. Additionally, the increasing number of domestic as well as global players across the region offering smart home gym equipment will also aid in the growth of the industry.
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Furthermore, the
penetration of the e-commerce platform is also significantly high in Europe.
Companies such as Amazon, Ubuy, eBay, OnBuy, very, Littlewoods are offering
gyming equipment in the region. Hence, the easy availability of smart home gym
equipment at such platforms will influence the adoption of equipment. The
growth of the online segment is also influenced by the COVID-19 pandemic, as
most of the gyms are close, people are opting to gym at home. As per idealo, an
e-commerce price comparison website, exercise equipment has witnessed sales
spikes of 5,800% after the COVID-19 lockdown in UK.
·
The
market number available for – 2019-2026
·
Base
year- 2019
·
Forecast
period- 2020-2026
Segment
Covered-
·
By
Product Type
·
By
Distribution channel
Countries
Covered-
·
Germany
·
UK
·
France
·
Italy
·
Spain
Rest of Europe
Competitive
Landscape- Technogym SpA, Core Health & Fitness, LLC, Cybex International,
Inc., Garmin Ltd., Peloton Interactive, Inc., Taurus (Sport-Tiedje GmbH),
Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment dominates the market in the base year?
·
Which
segment will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
o Deviation from the pre-COVID-19
forecast
o Most affected segment
·
Who is
the leader in the market?
·
How
players are addressing challenges to sustain growth?
·
Where
is the investment opportunity?
A
full Report of Europe Smart Home Gym Equipment Market is Available
at: https://www.omrglobal.com/industry-reports/europe-smart-home-gym-equipment-market
By Product
Type
·
Treadmills
·
Cycling
Machines
·
Rowing
Machines
·
Others
(Virtual Fitness Trainer, Walking Peddles, and many more)
By
Distribution Channel
·
Online
·
Offline
Europe Smart
Home Gym Equipment Market Report Segment
·
Germany
·
UK
·
France
·
Italy
·
Spain
Rest of
Europe
Company
Profiles
·
Core
Health & Fitness, LLC
·
Cybex
International, Inc.
·
Garmin
Ltd.
·
JAXJOX
(Zinctex Inc.)
·
Peloton
Interactive, Inc.
·
Taurus
(Sport-Tiedje GmbH)
·
Technogym
SpA
·
Tonal
Systems, Inc.
·
Xiaomi
Corp.
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