2018 Global Treadmill Market 2023:
Analytical Research Cognizance has announced the addition of the “Treadmill Market” by company, by country, and by application/type for the competitive landscape analysis.
Report covers the present scenario (with the base year being 2017) and the growth prospects of global Treadmill market for 2018-2023.
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.
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With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Treadmill market to approach these areas. China would account for the highest production in 2016 with close to 40 percent of global production coming from this region. Asia is not only the biggest market for Treadmill equipment, but also has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Globally, the Treadmill industry market is low concentrated as the manufacturing technology of Treadmill is relatively matures than some high-tech equipment. And some enterprises, like ICON, BH Group, Life Fitness, Johnson, etc. are well-known for the wonderful performance of their Treadmill and related services. At the same time, China, occupied 40.43% production market share in 2016, is remarkable in the global Treadmill industry because of their low price of raw material and labor.
The consumption volume of Treadmill 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 Treadmill industry may not keep that fast. But it is surely forecasted that the market of Treadmill is still promising.
Over the next five years, LPI(LP Information) projects that Treadmill will register a 3.2% CAGR in terms of revenue, reach US$ 4220 million by 2023, from US$ 3500 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Treadmill market by product type, application, key manufacturers and key regions.
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Research objectives:
To study and analyze the global Treadmill consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Treadmill market by identifying its various subsegments.
Focuses on the key global Treadmill manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Treadmill with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Treadmill submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Manual Treadmills
Motorised Treadmills
Segmentation by application:
Home Use
Commercial Use
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
ICON
BH Group
Life Fitness
Johnson
Sole
Nautilus
Technogym
Precor
Star Trac
Cybex
Dyaco
Yijian
True Fitness
Shuhua
Strength Master
If you have any special requirements, please let us know and we will offer you the report as you want.
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Related Reports:
2018 Top 5 Treadmill Players in North America, Europe, Asia-Pacific, South America, Middle East and Africa:
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.
Globally, the Treadmill industry market is low concentrated as the manufacturing technology of Treadmill is relatively matures than some high-tech equipment. And some enterprises, like ICON, BH Group, Life Fitness, Johnson, etc. are well-known for the wonderful performance of their Treadmill and related services. At the same time, China, occupied 40.43% production market share in 2016, is remarkable in the global Treadmill industry because of their low price of raw material and labor.
The consumption volume of Treadmill 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 Treadmill industry may not keep that fast. But it is surely forecasted that the market of Treadmill is still promising.
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