Published Date : Jul 04, 2018
Albany, New York, July 4, 2018: MarketResearchReports.biz have announced the addition of a new report which is titled, “Global Cardio Fitness Equipment Market Professional Survey Report 2018.” In the global connected gym equipment market, the cardiovascular training equipment has a great usage for a number of customers. In the United States, United Kingdom as well as others, where people are tech savvy, the demand for cardio equipments that come with CSAFE connectivity, as well as the one's that can be connected to iPod, iPad, as well as other smartphones are comparatively higher. The most often used cardiovascular equipments are treadmill and stationary bicycles for helping manage the weight as well as the fitness in general. Factors driving the connected gym equipment market are the growing smartphone consumers, the increasing number of gyms and health clubs, as well as the growing obese population.
Also, because of the growing disposable income throughout the emerging economies like the LAMEA and Asia Pacific will ultimately flourish the global connected gym equipment market. Although, since the connected gym equipments are priced high, this acts as a hurdle in its growth. Asia-pacific has come out as one of the biggest growing region of this market. A few reasons that are important drivers of this market in Asia Pacific is the better economic situations as well as rise in disposable income of the masses. Economic growth in many regions in LAMEA makes the market grow quickly, also growth in the number of millennial is predicted to carry forward this market. Thus, the unexploited regions in Asia Pacific as well as LAMEA have great growth potential in the years to come.
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Gymnasiums and health club are making maximum income currently, so the growth in the health clubs and gymnasiums play a very important part in this market. The cardiovascular as well as strength training exercises are both carried forward by the health clubs. Due to the growing population of obese people in the United States, the charges for the gymnasium membership have noticeably risen over the last few years. The continuously rising health awareness and the benefits of Living a healthy life has led to a substantial increase in the number of people going to the gym. Also, because of the growth in the per capita income, growing urbanization rates, as well as the growth in the youth population, it is predicted to provide great opportunities to the players in this market.
The biggest market of connected gym equipment around the world is the United States of America, because it has a very high number of obese people, and the people are health conscious as well, so this region has a highest usage of cardiovascular equipment. The usage of cardiovascular equipment that are equipped with latest technology features are larger in the US in comparison to the countries of the Western Europe. Plus in the US, there is a great need of cardiovascular fitness equipment that are up to date and can be used right in the house. In this market, the players are extremely competitive and try to improve the existing equipment with the latest features and updated versions.
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