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report thumbnailU.S. Home Fitness Equipment Market

U.S. Home Fitness Equipment Market Decade Long Trends, Analysis and Forecast 2024-2032

U.S. Home Fitness Equipment Market by Equipment Type (Cardiovascular Training Equipment, Strength Training Equipment, Others), by Sales Channel (Online, Offline), by Forecast 2024-2032

Jul 12 2024
Base Year: 2023
180 Pages
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U.S. Home Fitness Equipment Market Decade Long Trends, Analysis and Forecast 2024-2032

Key Insights

The U.S. Home Fitness Equipment Market size was valued at USD 4.81 USD billion in 2023 and is projected to reach USD 8.03 USD billion by 2032, exhibiting a CAGR of 7.59 % during the forecast period. What could be referred to as the US home equipment market, is, in fact, a huge number of different appliances and gadgets that the market offers to its consumers. These range from kitchen appliances such as refrigerators to a stove and microwaves to laundry machines, vacuum cleaners, and Smart home devices.  These products intend to simplify domestic tasks help comfort, and efficiency. As the demand for energy efficiency and connectivity condensate, we are witnessing a trend that is characterized by the emergence of smart home integrated systems, eco-friendly housing designs, and enhanced offerings such as remote monitoring and controlling of devices through smartphones. Besides home energy going global and local consumers wanting sustainability as well, the demand for innovative, energy-efficient, and digital premises devices is more and more.

U.S. Home Fitness Equipment Market Research Report - Market Size, Growth & Forecast

U.S. Home Fitness Equipment Trends

  • Surge in demand for home fitness equipment due to pandemic-induced gym closures
  • Increasing popularity of smart and connected fitness devices
  • Growing adoption of virtual and on-demand fitness classes

Driving Forces: What's Propelling the U.S. Home Fitness Equipment Market

  • Health Consciousness: Rising awareness about the importance of physical activity and preventive healthcare
  • Convenience and Accessibility: Home fitness equipment provides convenience and flexibility for workouts
  • Technological Advancements: Smart and connected devices offer personalized fitness experiences and data tracking
  • Disposable Income: Increasing disposable income allows consumers to invest in home fitness setups

Challenges and Restraints in U.S. Home Fitness Equipment Market

  • Cost and Space: Home fitness equipment can be expensive and require significant space
  • Lack of Professional Guidance: DIY workouts may lack proper supervision and guidance
  • Maintenance and Repair: Equipment maintenance and repairs can be costly and time-consuming

Emerging Trends in U.S. Home Fitness Equipment

  • Integrated Technology: AI-powered devices, virtual reality fitness, and gamification
  • Personalized Fitness: Tailored fitness plans based on individual goals and data
  • Community and Socialization: Fitness equipment with social media integration and online communities

Growth Catalysts in U.S. Home Fitness Equipment Industry

U.S. Home Fitness Equipment Market Growth
  • Strategic Partnerships: Collaborations between fitness equipment manufacturers and fitness clubs
  • Innovation and Product Development: Continuous introduction of advanced and user-friendly devices
  • Expansion into Emerging Markets: Growing demand in regions with rising health consciousness

Market Segmentation: U.S. Home Fitness Equipment Analysis

Equipment Type:

  • Cardiovascular Training Equipment (Treadmills, Elliptical Trainers)
  • Strength Training Equipment (Weight Benches, Resistance Bands)
  • Others (Yoga Mats, Fitness Balls)

Sales Channel:

  • Online (eCommerce Platforms)
  • Offline (Retail Stores, Fitness Club Showrooms)

Leading Players in the U.S. Home Fitness Equipment Market

  • Icon Health & Fitness, Inc. (U.S.)
  • Core Health & Fitness, LLC (U.S.)
  • Johnson Health Tech Co., Ltd. (U.S.)
  • Hoist Fitness Systems (U.S.)
  • Rogue Fitness (U.S.)
  • Body Craft Inc. (U.S.)
  • BodyEnergy Technology Co., Ltd. (U.S.)
  • TRUE Fitness Technology Inc. (U.S.)
  • Torque Fitness (U.S.)
  • Life Fitness, Inc. (U.S.)

Significant developments in U.S. Home Fitness Equipment Sector

  • ICON Health & Fitness acquires Bowflex
  • Johnson Health Tech launches Matrix PRO line
  • Peloton partners with Amazon to expand distribution

Comprehensive Coverage U.S. Home Fitness Equipment Market Report

This report provides a comprehensive analysis of the U.S. home fitness equipment market, covering:

  • Historical and future market size
  • Market segmentation by equipment type and sales channel
  • Growth drivers, challenges, and trends
  • Competitive landscape and market share analysis
  • Key company profiles and strategies
  • Emerging technologies and industry outlook

Regional Insight

U.S. Home Fitness Equipment Market Regional Share
  • Northeast dominates the market due to high population density and health consciousness
  • West Coast and Southeast regions show strong growth potential
  • Midwest region is expected to witness steady growth

Consumer Side Analysis

  • Consumers are demanding more sophisticated and convenient fitness solutions
  • Health and wellness apps play a significant role in fitness tracking
  • Virtual and on-demand fitness classes are gaining popularity

DROCs

  • Drivers: Health consciousness, convenience, technological advancements
  • Restraints: Cost, space requirements, lack of guidance
  • Opportunities: Integration of technology, personalized fitness, community building
  • Challenges: Maintenance, repairs, competition

Acqui-Merger

  • ICON Health & Fitness acquires Bowflex
  • Johnson Health Tech launches Matrix PRO line
  • Peloton partners with Amazon to expand distribution

U.S. Home Fitness Equipment Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 7.59% from 2018-2032
Segmentation
    • By Equipment Type
      • Cardiovascular Training Equipment
      • Strength Training Equipment
      • Others
    • By Sales Channel
      • Online
      • Offline
  • By Geography

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Rising Growth of Urbanization to Aid Market Development
      • 3.3. Market Restrains
        • 3.3.1. Higher Cost of Digital Exercise Products to Restrain Market
      • 3.4. Market Trends
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. U.S. Home Fitness Equipment Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Equipment Type
      • 5.1.1. Cardiovascular Training Equipment
      • 5.1.2. Strength Training Equipment
      • 5.1.3. Others
    • 5.2. Market Analysis, Insights and Forecast - by Sales Channel
      • 5.2.1. Online
      • 5.2.2. Offline
    • 5.3. Market Analysis, Insights and Forecast - by Region
      • 5.3.1.
  6. 6. Northeast U.S. Home Fitness Equipment Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Equipment Type
        • 6.1.1 Cardiovascular Training Equipment
        • 6.1.2 Strength Training Equipment
        • 6.1.3 and Others
      • 6.2. Market Analysis, Insights and Forecast - By Sales Channel
        • 6.2.1. Online and Offline
  7. 7. Southeast U.S. Home Fitness Equipment Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Equipment Type
        • 7.1.1 Cardiovascular Training Equipment
        • 7.1.2 Strength Training Equipment
        • 7.1.3 and Others
      • 7.2. Market Analysis, Insights and Forecast - By Sales Channel
        • 7.2.1. Online and Offline
  8. 8. Midwest U.S. Home Fitness Equipment Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Equipment Type
        • 8.1.1 Cardiovascular Training Equipment
        • 8.1.2 Strength Training Equipment
        • 8.1.3 and Others
      • 8.2. Market Analysis, Insights and Forecast - By Sales Channel
        • 8.2.1. Online and Offline
  9. 9. Southwest U.S. Home Fitness Equipment Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Equipment Type
        • 9.1.1 Cardiovascular Training Equipment
        • 9.1.2 Strength Training Equipment
        • 9.1.3 and Others
      • 9.2. Market Analysis, Insights and Forecast - By Sales Channel
        • 9.2.1. Online and Offline
  10. 10. West U.S. Home Fitness Equipment Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Equipment Type
        • 10.1.1 Cardiovascular Training Equipment
        • 10.1.2 Strength Training Equipment
        • 10.1.3 and Others
      • 10.2. Market Analysis, Insights and Forecast - By Sales Channel
        • 10.2.1. Online and Offline
  11. 11. Competitive Analysis
    • 11.1. Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Icon Health & Fitness Inc. (U.S.)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Core Health & Fitness LLC (U.S.)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 Johnson Health Tech Co. Ltd. (U.S.)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 Hoist Fitness Systems (U.S.)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Rogue Fitness (U.S.)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 Body Craft Inc. (U.S.)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 BodyEnergy Technology Co. Ltd. (U.S.)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 TRUE Fitness Technology Inc. (U.S.)
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Torque Fitness (U.S.)
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 Life Fitness Inc. (U.S.)
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: U.S. Home Fitness Equipment Market Revenue Breakdown (USD billion, %) by Product 2023 & 2031
  2. Figure 2: U.S. Home Fitness Equipment Market Value Share (%), by Equipment Type 2023 & 2031
  3. Figure 3: U.S. Home Fitness Equipment Market Value Share (%), by Sales Channel 2023 & 2031
  4. Figure 4: U.S. Home Fitness Equipment Market Share (%) by Company 2023
List of Tables
  1. Table 1: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Equipment Type 2018 & 2031
  2. Table 2: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Equipment Type 2018 & 2031
  3. Table 3: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Sales Channel 2018 & 2031
  4. Table 4: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Sales Channel 2018 & 2031
  5. Table 5: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Region 2018 & 2031
  6. Table 6: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Region 2018 & 2031
  7. Table 7: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Equipment Type 2018 & 2031
  8. Table 8: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Equipment Type 2018 & 2031
  9. Table 9: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Sales Channel 2018 & 2031
  10. Table 10: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Sales Channel 2018 & 2031
  11. Table 11: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Region 2018 & 2031
  12. Table 12: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Region 2018 & 2031
  13. Table 13: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Equipment Type 2018 & 2031
  14. Table 14: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Equipment Type 2018 & 2031
  15. Table 15: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Sales Channel 2018 & 2031
  16. Table 16: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Sales Channel 2018 & 2031
  17. Table 17: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Country 2018 & 2031
  18. Table 18: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Country 2018 & 2031
  19. Table 19: Northeast U.S. Home Fitness Equipment Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  20. Table 20: Northeast U.S. Home Fitness Equipment Market Volume (K Units) Forecast, by Application 2018 & 2031
  21. Table 21: Southeast U.S. Home Fitness Equipment Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  22. Table 22: Southeast U.S. Home Fitness Equipment Market Volume (K Units) Forecast, by Application 2018 & 2031
  23. Table 23: Midwest U.S. Home Fitness Equipment Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  24. Table 24: Midwest U.S. Home Fitness Equipment Market Volume (K Units) Forecast, by Application 2018 & 2031
  25. Table 25: Southwest U.S. Home Fitness Equipment Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  26. Table 26: Southwest U.S. Home Fitness Equipment Market Volume (K Units) Forecast, by Application 2018 & 2031
  27. Table 27: West U.S. Home Fitness Equipment Market Revenue (USD billion) Forecast, by Application 2018 & 2031
  28. Table 28: West U.S. Home Fitness Equipment Market Volume (K Units) Forecast, by Application 2018 & 2031
  29. Table 29: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Equipment Type 2018 & 2031
  30. Table 30: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Equipment Type 2018 & 2031
  31. Table 31: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Sales Channel 2018 & 2031
  32. Table 32: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Sales Channel 2018 & 2031
  33. Table 33: U.S. Home Fitness Equipment Market Revenue USD billion Forecast, by Country 2018 & 2031
  34. Table 34: U.S. Home Fitness Equipment Market Volume K Units Forecast, by Country 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 7.59% from 2018-2032
Segmentation
    • By Equipment Type
      • Cardiovascular Training Equipment
      • Strength Training Equipment
      • Others
    • By Sales Channel
      • Online
      • Offline
  • By Geography

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

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  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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