The increasing obesity will foster the growth of the North America Smart Home Gym Equipment Market

The North America smart home gym equipment market is anticipated to grow with a considerable CAGR of 8.5% during the forecast period (2020-2026). One of the key factors contributing to the growth of the market is increasing obesity among people. With the changing lifestyle, food habits, and hectic working hours, the obesity rate is rising significantly in North America. In such scenario, the smart home gym equipment is experiencing high adoption across the region. Additionally, the smart gym equipment is also enabled with various advanced features due to the integration of IoT and artificial intelligence. Therefore, with the high awareness regarding the IoT and Artificial Intelligence coupled with the high internet penetration, the smart home gym equipment market will grow significantly in North America during the forecast period.

Browse the full report description North America Smart Home Gym Equipment Market Size, Share & Trends Analysis Report By Product Type (Treadmills, Cycling Machines, Rowing Machines, and Others), By Distribution Channel (Online and Offline), Forecast Period 2020-2026  at https://www.omrglobal.com/industry-reports/north-american-smart-home-gym-equipment-market

Furthermore, the region has a strong presence of various domestic as well as global players. These players are continuously updating and expanding their product portfolio with new and innovative solutions. For instance, In September 2020, Peloton launched two new products for its home smart gym products line, the Bike+, and the Tread. The new exercise bike joins as the premium version of Peloton’s original stationary cycle while the Tread is the new entry-level treadmill product of the company. The Bike+ has a 23.8? rotating, HD resolution touchscreen display, and one-tap contactless integration.

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- 

o By Product Type

o By Distribution channel

• Countries Covered-

o US

o Canada

• Competitive Landscape- Garmin Ltd., Life Fitness, Peloton Interactive, Inc., Nautilus, Inc., Technogym SpA, BH Fitness, JAXJOX (Zinctex Inc.), 

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?

North America Smart home gym equipment Market Report Segment

By Product Type

• Treadmills
• Cycling Machines
• Rowing Machines
• Others (Virtual Fitness Trainer & walking peddles)

By Distribution Channel

• Online
• Offline

North America Smart Home Gym Equipment Market Report Segment

• United States
• Canada