The global Treadmill market was valued at 34.65 Million USD in 2022 and will grow with a CAGR of 3.57% from 2022 to 2028, based on Stats and Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A treadmill is a device generally for walking or running while staying in the same place. The belt moves to the rear, requiring the user to walk or run at a speed matching that of the belt. The rate at which the belt moves is the rate of walking or running. Thus, the speed of running may be controlled and measured. The more expensive, heavy-duty versions are motor-driven (usually by an electric motor). The simpler, lighter, and less expensive versions passively resist the motion, moving only when walkers push the belt with their feet. The latter are known as manual treadmills. In the coming years there is an increasing demand for Treadmills in the regions of North America and Europe that is expected to drive the market for more advanced Treadmills. Increasing of commercial fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of Treadmills in developing countries will drive growth in global market. Globally, the Treadmills industry market is low concentrated as the manufacturing technology of Treadmills is relatively matures than some high-tech equipment. And some enterprises, like ICON Health & Fitness, BH, Life Fitness, etc. are well-known for the wonderful performance of their Treadmills and related services. At the same time, North America, occupied 35% sales market share in 2017, is remarkable in the global Treadmills industry. The consumption volume of Treadmills is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Treadmills industry may not keep that fast. But it is surely forecasted that the market of Treadmills is still promising.
By Market Verdors:
ICON
BH Group
Life Fitness
Johnson
Sole
Nautilus
Technogym
Precor
Star Trac
Cybex
Dyaco
Yijian
True Fitness
Shuhua
Strength Master
By Types:
Manual Treadmills
Motorised Treadmills
By Applications:
Home Use
Commercial Use
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2017-2028 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2017-2028. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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