The US smart home gym equipment market is anticipated to grow with a considerable CAGR of 8.7% during the forecast period (2020-2026). High health awareness among people is one of the major factors contributing to the smart home gym equipment market growth. The high prevalence of chronic diseases such as obesity, diabetes, and cardiovascular diseases are also driving the adoption of smart home gym equipment. According to the US Bureau of Labor Statistics, more than 12.7% of the people across the US who are over 15 years old are engaged in cardiovascular equipment activities in 2016.
Browse the full report description US 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/us-smart-home-gym-equipment-market
The high obesity rate is also considered as a significant factor for the adoption of gyming among people in the country. According to the US Centers for Disease Control and Prevention, the obesity rate in the US among females (over 20 years) was 41.9% while it is 43.0% for males in 2018. In addition to this, the outbreak of COVID-19 has induced a longer than expected lockdown across many states in the country. The gym and health clubs are closed and therefore people are turning more towards home gym equipment to stay fit.
Market Coverage
o By Product Type
o By Distribution channel
Competitive Landscape- Garmin Ltd., Life Fitness, Peloton Interactive, Inc., Nautilus, Inc., Technogym SpA, Xiaomi Corp., BH Fitness, JAXJOX (Zinctex Inc.)
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected segment
US Smart home gym equipment Market Report Segment
By Product Type
By Distribution Channel
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