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Ellipticals market is expected to grow by 2021, at a compound annual growth rate (CAGR) of 4.71% according to new research report

The following companies as the key players in the global ellipticals market: Cybex International, Johnson Health Tech, Life Fitness, SOLE Treadmills, and Precor. Other Prominent Vendors in the market are: ProForm Fitness, Core Health & Fitness, Smooth Fitness, Octane Fitness, FreeMotion Fitness, Nautilus, PCE Fitness, ICON Health and Fitness, Technogym, Paramount, Asian Sports & Enterprises, and Body Solid.

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Global Ellipticals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Report at www.rnrmarketresearch.com/contacts/1152612

The analysts forecast global ellipticals market to grow at a CAGR of 4.71% during the period 2017-2021.The latest trend gaining momentum in the market is Rapid advances in technology.

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Technological advances in fitness equipment include integration of various components into a single unit, electronic sensors for additional guidance, and wearable technologies that track physical exertions.

For instance, Technogym offers the Ecosystem Open Platform, which operates a wide range of interconnected products, content, services, and programs for their members. Another player, Precor, offers the Preva platform that helps in tracking fitness goals.

It also helps facility operators better manage their business with solutions, further improving equipment management, revenue, and retention of customers. Such technologically advanced features in gym equipment like treadmills, ellipticals, rowers, and cycles, thereby enabling manufacturers to attract new customers and increasing the demand and growth for such equipment in the overall market.”

According to the report, one of the major drivers for this market is Rising health and fitness awareness. With increasing work pressure and busy schedules, many people have resorted to unhealthy eating habits, with less time or no time for working out.

Several initiatives taken by governments, the rise in healthcare costs, and an increase in awareness have resulted in healthy eating and daily exercises. This has also increased the demand for fitness equipment such as ellipticals.

Report at www.rnrmarketresearch.com/contacts/?rname=1152612

Further, the report states that one of the major factors hindering the growth of this market is Growing popularity of other forms of workout. Greater interest in fitness activities such as yoga, high-intensity interval training (HIIT), aerobics, and swimming poses a major threat to the global fitness equipment market.

HIIT involves an intense workout for a short time, followed by a short and less intense workout. Fitness centers offer a wide range of HIIT activity classes, and HIIT fitness videos are flooding the market.

CrossFit centers have their presence in most cities. Body weight training, a workout that is often paired with HIIT, is also growing popular.

This workout involves very little equipment and relies more on old-school exercises like push-ups, lunges, squats, and burpees. Thus, it is an inexpensive, no-fuss, simple yet effective workout.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

About Ellipticals

An elliptical is a stationary exercise machine used to simulate stair climbing, walking, or running without causing excessive pressure to the muscles. It is mainly used by individuals to tone the lower and/or upper body.

This machine comes under the cardiovascular exercise equipment segment. Ellipticals can be classified based on the placement of the flywheel or drive system that controls the smoothness and resistance of the equipment.

The flywheel of an elliptical can be placed in three different places: front side, back side, and both sides.

The report, Global Ellipticals Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

 

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