The increasing awareness of advanced technologies will drive the growth of the Asia-Pacific Smart Home Gym Equipment Market

Published: Nov 2020

The Asia-Pacific smart home gym equipment market is anticipated to grow with a considerable CAGR of 12.3% during the forecast period (2020-2026). The growth of the market can be attributed to the significant increase in awareness regarding healthcare and well-being in the last decade especially across Japan, South Korea, China, and India. Additionally, the increase in disposable income coupled with the inclination of generation Z and millennials towards body transformation will also aid in the growth of the market in the Asia-Pacific. In addition to this, the considerable decline in gym visits amid COVID-19 is also promoting the adoption of smart home gym equipment.

Browse the full report description Asia-Pacific 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/asia-pacific-smart-home-gym-equipment-market

Furthermore, the strengthening technology sector of the region along with the increasing awareness regarding advanced technologies such as IoT and artificial intelligence is significantly aiding the growth of the market. With the increasing internet penetration and adoption of AI, IoT people can opt for personalized gym training sessions at their home to manage their gym schedules. It will provide new growth opportunities to the smart home gym equipment industry during the forecast period. 

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 India

o China

o Japan

o Rest of Asia-Pacific

  • Competitive Landscape- Xiaomi Corp., Cybex International, Inc., Garmin Ltd., Life Fitness, Nautilus, Inc., Technogym SpA 

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?

Asia-Pacific Smart home gym equipment Market Report Segment

By Product Type

  • Treadmills
  • Cycling Machines
  • Rowing Machines
  • Others 

By Distribution Channel

  • Online
  • Offline

Asia-Pacific Smart Home Gym Equipment Market Report Segment

  • India
  • China
  • Japan
  • Rest of Asia-Pacific

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