Research Study analyse the new revenue pockets, emerging markets, competition landscape, opportunities & niche insights for Type (Cardio Equipment, Strength Training Equipment, Fitness Monitoring Devices, Accessories), Target User (Beginner, Intermediate, Advanced) and Distribution Channel (Online, Offline).
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North America and Europe are the two most active and leading regions in the market. The emphasis on well being and the increasing popularity of fitness platforms contribute to market expansion in Europe. Especially, in urban regions.
With challenges like high initial costs, space limitations and inconsistent usage rates, Home Fitness Equipment marketโs supply chain from manufacturers to end users is expected to evolve & expand further; and industry players will make strategic advancement in emerging markets including India, Brazil and South Korea for revenue diversification and TAM expansion. Manufacturers are concentrating on creating compact gear that is ideal, for smaller living areas.
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The Home Fitness Equipment market is characterized by intense competition, with a number of leading players such as Peloton, Bowflex, NordicTrack, Rogue Fitness, Fitbit, Garmin, Lululemon, Decathlon, ProForm, Echelon, Technogym and Schwinn. These players are pushing & penetrating the market with their strategies.
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