Commercial Connected Fitness Equipment Market Revenue was valued at USD 1.5 Billion in 2024 and is estimated to reach USD 4.2 Billion by 2033, growing at a CAGR of 12.4% from 2026 to 2033.
In 2022, the global commercial connected fitness equipment market was valued at approximately USD 9.2 billion, with projections indicating growth to nearly USD 18.5 billion by 2032, reflecting a compound annual growth rate (CAGR) of 8.1% during the forecast period. This growth is driven by increasing health consciousness and the integration of advanced technologies in fitness equipment. Notably, the household segment is expected to experience an exponential CAGR of 32.0% over the forecast period, attributed to a rising preference for home fitness solutions post pandemic. Regionally, North America dominated the market in 2023, accounting for a 39.5% share, propelled by widespread adoption of technologies like AI, VR, and IoT in fitness equipment. Europe followed with a 32.1% share, driven by the integration of connected equipment with fitness apps and wearables. The Asia Pacific region, holding a 16.7% share in 2023, is anticipated to witness significant growth due to the rapid expansion of the fitness industry and increasing health awareness.
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EGym
Les Mills
Life Fitness
Precor
NordicTrack
Technogym
The Beachbody Company(MYXfitness)
True Fitness
Peloton
Echelon
Nautilus
Inc.
Tonal
FightCamp
StairMaster
Star Trac
Hammer Strength
Volava
Wattbike
OxeFit
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Commercial Connected Fitness Equipment Market
Treadmills
Stationary Bikes
Elliptical Trainers
Rowing Machines
Strength Training Equipment
Smart Wearables
Artificial Intelligence (AI)
Virtual Coaching
Motion Sensors
Augmented Reality (AR)
Interactive Displays
Wi-Fi
Bluetooth
LTE/4G/5G
USB
Individual Users
Gyms & Fitness Centers
Corporate Wellness Programs
Healthcare Providers
Sports & Athletic Organizations
Premium
Mid-Range
Economy
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Commercial Connected Fitness Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Commercial Connected Fitness Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Commercial Connected Fitness Equipment Market, By Type
6. Global Commercial Connected Fitness Equipment Market, By Application
7. Global Commercial Connected Fitness Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Commercial Connected Fitness Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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