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PUBLISHER: Grand View Research | PRODUCT CODE: 1575080

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PUBLISHER: Grand View Research | PRODUCT CODE: 1575080

Smart Home Gym Equipment Market Size, Share & Trends Analysis Report By Product (Cardiovascular Equipment, Strength Training Equipment), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2024 - 2030

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Description

Table of Contents

List of Tables

Smart Home Gym Equipment Market Growth & Trends:

The global smart home gym equipment market size is expected to reach USD 3,815.5 million by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 4.0% over the forecast period. The incorporation of advanced technologies like artificial intelligence (AI), virtual reality (VR), and connected fitness apps has significantly enhanced the appeal of smart home gym equipment. These innovations provide personalized workouts, real-time feedback, and immersive fitness experiences. Smart home gym equipment also offers the convenience of exercising at home without time restrictions, which is especially appealing to busy professionals and those who prefer private workout environments.

The trend of building a connected fitness ecosystem, where equipment, wearables, and apps seamlessly integrate, is gaining momentum. This ecosystem enables users to monitor their progress, set fitness goals, and stay motivated through a holistic workout experience. A blend of in-person and virtual fitness options is also emerging, with smart home gym equipment playing a pivotal role as consumers combine home workouts with occasional gym visits, a trend driven by the hybrid work lifestyle.

Sustainability is becoming increasingly important in product design and manufacturing, with consumers seeking eco-friendly fitness equipment. This shift is prompting manufacturers to adopt greener practices. Continuous innovation in design, functionality, and technology integration offers manufacturers opportunities to differentiate themselves and capture a larger share of the market.

Younger generations, particularly millennials and Gen Z, are leading the demand for smart home gym equipment, driven by their familiarity with technology and preference for convenient, on-demand services. In response, manufacturers are broadening their product lines to include a diverse range of equipment, from smart treadmills and stationary bikes to strength training machines and interactive mirrors. Significant investments in research and development are being made to stay ahead in the competitive market by introducing innovative products that cater to evolving consumer needs.

The market for smart home gym equipment is poised for continued growth, fueled by innovations in product development, strategic marketing initiatives, and the expansion of distribution networks. Manufacturers and stakeholders in this sector have ample opportunities to leverage shifting consumer trends and solidify their positions in the global market.

Smart Home Gym Equipment Market Report Highlights:

  • The cardiovascular equipment segment held a revenue share of 56.93% in 2023. Many consumers place a high priority on cardio exercises in their fitness routines, resulting in strong demand for equipment such as treadmills, stationary bikes, and rowing machines. This type of equipment is typically more compact and space-efficient compared to other fitness equipment.
  • The sale of smart home gym equipment through online channels is expected to witness a CAGR of 4.1% from 2024 to 2030. Online platforms often offer a wider selection of smart home gym equipment than physical retail stores. This extensive variety enables consumers to find specific brands, models, and features that might not be available locally, leading to increased sales through online channels.
  • North America held a market share of 46.17% in 2023. The incorporation of AI, machine learning, and IoT in fitness equipment is a major market driver. There is an increasing trend toward creating connected fitness ecosystems, where equipment, fitness apps, and wearables are integrated to provide a comprehensive and personalized workout experience. Companies such as Peloton, NordicTrack, and Mirror are at the forefront of this trend in the region.
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Product Code: GVR-4-68040-445-1

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Products & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Product Outlook
  • 2.3. Distribution Channel Outlook
  • 2.4. Regional Outlook
  • 2.5. Competitive Insights

Chapter 3. Smart Home Gym Equipment Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
  • 3.2. Industry Value Chain Analysis
    • 3.2.1. Sales/Retail Channel Analysis
    • 3.2.2. Profit Margin Analysis
  • 3.3. Market Dynamics
    • 3.3.1. Market Driver Analysis
    • 3.3.2. Market Restraint Analysis
    • 3.3.3. Industry Challenges
    • 3.3.4. Industry Opportunities
  • 3.4. Industry Analysis - Porter's
  • 3.5. Market Entry Strategies

Chapter 4. Smart Home Gym Equipment Market: Product Analysis & Estimates

  • 4.1. Product Analysis & Market Share, 2023 & 2030
  • 4.2. Cardiovascular Equipment
    • 4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  • 4.3. Strength Training Equipment
    • 4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  • 4.4. Others
    • 4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 5. Smart Home Gym Equipment Market: Distribution Channel Estimates & Trend Analysis

  • 5.1. Online
    • 5.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  • 5.2. Offline
    • 5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 6. Smart Home Gym Equipment Market: Regional Estimates & Trend Analysis

  • 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
  • 6.2. North America
    • 6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.2.2. U.S.
      • 6.2.2.1. Key country dynamics
      • 6.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.2.3. Canada
      • 6.2.3.1. Key country dynamics
      • 6.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.2.4. Mexico
      • 6.2.4.1. Key country dynamics
      • 6.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  • 6.3. Europe
    • 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.3.2. U.K.
      • 6.3.2.1. Key country dynamics
      • 6.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.3.3. Germany
      • 6.3.3.1. Key country dynamics
      • 6.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.3.4. France
      • 6.3.4.1. Key country dynamics
      • 6.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.3.5. Spain
      • 6.3.5.1. Key country dynamics
      • 6.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.3.6. Italy
      • 6.3.6.1. Key country dynamics
      • 6.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  • 6.4. Asia Pacific
    • 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.4.2. China
      • 6.4.2.1. Key country dynamics
      • 6.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.4.3. Japan
      • 6.4.3.1. Key country dynamics
      • 6.4.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.4.4. India
      • 6.4.4.1. Key country dynamics
      • 6.4.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.4.5. Australia & New Zealand
      • 6.4.5.1. Key country dynamics
      • 6.4.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.4.6. South Korea
      • 6.4.6.1. Key country dynamics
      • 6.4.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  • 6.5. Central & South America
    • 6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.5.2. Brazil
      • 6.5.2.1. Key country dynamics
      • 6.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.5.3. Argentina
      • 6.5.3.1. Key country dynamics
      • 6.5.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  • 6.6. Middle East & Africa
    • 6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
    • 6.6.2. South Africa
      • 6.6.2.1. Key country dynamics
      • 6.6.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 7. Competitive Analysis

  • 7.1. Recent developments & impact analysis, by key market participants
  • 7.2. Company Categorization
  • 7.3. Participant's Overview
  • 7.4. Financial Performance
  • 7.5. Product Benchmarking
  • 7.6. Company Market Share Analysis, 2023 (%)
  • 7.7. Company Heat Map Analysis
  • 7.8. Strategy Mapping
  • 7.9. Company Profiles
  • 7.10. AOPEN Inc.
    • 7.10.1. Company Overview
    • 7.10.2. Financial Performance
    • 7.10.3. Product Benchmarking
    • 7.10.4. Strategic Initiatives
  • 7.11. Aroleap Fitness Private Limited
    • 7.11.1. Company Overview
    • 7.11.2. Financial Performance
    • 7.11.3. Product Benchmarking
    • 7.11.4. Strategic Initiatives
  • 7.12. Beyond Power Inc.
    • 7.12.1. Company Overview
    • 7.12.2. Financial Performance
    • 7.12.3. Product Benchmarking
    • 7.12.4. Strategic Initiatives
  • 7.13. Flexnest Gym Accessories
    • 7.13.1. Company Overview
    • 7.13.2. Financial Performance
    • 7.13.3. Product Benchmarking
    • 7.13.4. Strategic Initiatives
  • 7.14. INNODIGYM
    • 7.14.1. Company Overview
    • 7.14.2. Financial Performance
    • 7.14.3. Product Benchmarking
    • 7.14.4. Strategic Initiatives
  • 7.15. Life Fitness
    • 7.15.1. Company Overview
    • 7.15.2. Financial Performance
    • 7.15.3. Product Benchmarking
    • 7.15.4. Strategic Initiatives
  • 7.16. Nordic Track
    • 7.16.1. Company Overview
    • 7.16.2. Financial Performance
    • 7.16.3. Product Benchmarking
    • 7.16.4. Strategic Initiatives
  • 7.17. Peloton Interactive Inc.
    • 7.17.1. Company Overview
    • 7.17.2. Financial Performance
    • 7.17.3. Product Benchmarking
    • 7.17.4. Strategic Initiatives
  • 7.18. Precor
    • 7.18.1. Company Overview
    • 7.18.2. Financial Performance
    • 7.18.3. Product Benchmarking
    • 7.18.4. Strategic Initiatives
  • 7.19. TECHNOGYM S.p.A
    • 7.19.1. Company Overview
    • 7.19.2. Financial Performance
    • 7.19.3. Product Benchmarking
    • 7.19.4. Strategic Initiatives
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Product Code: GVR-4-68040-445-1

List of Tables

  • 1. Smart home gym equipment market - Key market driver analysis
  • 2. Smart home gym equipment market - Key market restraint analysis
  • 3. Cardiovascular equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 4. Strength training equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 5. Other smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 6. Smart home gym equipment market estimates and forecast, through online, 2018 - 2030 (USD Millions)
  • 7. Smart home gym equipment market estimates and forecast, through offline, 2018 - 2030 (USD Millions)
  • 8. North America smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 9. North America smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 10. U.S. macro-economic outlay
  • 11. U.S. smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 12. U.S. smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 13. U.S. smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 14. Canada macro-economic outlay
  • 15. Canada smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 16. Canada smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 17. Canada smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 18. Mexico macro-economic outlay
  • 19. Mexico smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 20. Mexico smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 21. Mexico smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 22. Europe smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 23. Europe smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 24. Europe smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 25. Germany macro-economic outlay
  • 26. Germany smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 27. Germany smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 28. U.K. macro-economic outlay
  • 29. U.K. smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 30. U.K. smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 31. U.K. smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 32. Spain macro-economic outlay
  • 33. Spain smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 34. Spain smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 35. Spain smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 36. Italy macro-economic outlay
  • 37. Italy smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 38. Italy smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 39. Italy smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 40. France macro-economic outlay
  • 41. France smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 42. France smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 43. France smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 44. Asia Pacific smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 45. Asia Pacific smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 46. Asia Pacific smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 47. China macro-economic outlay
  • 48. China smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 49. China smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 50. China smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 51. India macro-economic outlay
  • 52. India smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 53. India smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 54. India smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 55. Japan macro-economic outlay
  • 56. Japan smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 57. Japan smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 58. Japan smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 59. Australia & New Zealand macro-economic outlay
  • 60. Australia & New Zealand smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 61. Australia & New Zealand smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 62. Australia & New Zealand smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 63. South Korea macro-economic outlay
  • 64. South Korea smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 65. South Korea smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 66. South Korea smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 67. Central & South America smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 68. Central & South America smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 69. Central & South America smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 70. Brazil macro-economic outlay
  • 71. Brazil smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 72. Brazil smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 73. Brazil smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 74. Argentina macro-economic outlay
  • 75. Argentina smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 76. Argentina smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 77. Argentina smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 78. Middle East & Africa smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 79. Middle East & Africa smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 80. Middle East & Africa smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)
  • 81. South Africa macro-economic outlay
  • 82. South Africa smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 83. South Africa smart home gym equipment market revenue estimates and forecast, by product, 2018 - 2030 (USD Millions)
  • 84. South Africa smart home gym equipment market revenue estimates and forecast, by distribution channel, 2018 - 2030 (USD Millions)

List of Figures

  • 1. Smart home gym equipment market snapshot
  • 2. Smart home gym equipment market segmentation & scope
  • 3. Smart home gym equipment market penetration & growth prospect mapping
  • 4. Smart home gym equipment market value chain analysis
  • 5. Smart home gym equipment market dynamics
  • 6. Smart home gym equipment market Porter's Five Forces analysis
  • 7. Smart home gym equipment market: Product movement analysis, 2023 & 2030 (%)
  • 8. Cardiovascular equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 9. Strength training equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 10. Other smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 11. Smart home gym equipment market: Distribution Channel movement analysis, 2023 & 2030 (%)
  • 12. Smart home gym equipment market estimates and forecast, through online, 2018 - 2030 (USD Millions)
  • 13. Smart home gym equipment market estimates and forecast, through offline, 2018 - 2030 (USD Millions)
  • 14. Smart home gym equipment market: Regional movement analysis, 2023 & 2030 (%)
  • 15. U.S. smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 16. Canada smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 17. Mexico smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 18. Europe smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 19. Germany smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 20. U.K. smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 21. Spain smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 22. Italy smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 23. France smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 24. Asia Pacific smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 25. China smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 26. India smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 27. Japan smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 28. Australia & New Zealand smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 29. South Korea smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 30. Central & South America smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 31. Brazil smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 32. Argentina smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 33. Middle East & Africa smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
  • 34. South Africa smart home gym equipment market estimates and forecast, 2018 - 2030 (USD Millions)
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