The treadmill is one of the most popular and widely used fitness machines. As you may already know, it allows users to run or walk in place. The following reports take a closer look at the treadmill market and where it's headed.
Some people assume that treadmills are new, but this isn't necessarily true. The world's first consumer treadmill was developed by mechanical engineer and inventor William Staub. Staub acknowledged the importance of running, so he sought to invent a device that would allow everyday individuals to run from the comfort of their own home. In the late 1960s, he invented the world's first consumer treadmill known as the PaceMaster 600.
Long before Staub's invention, however, there were more basic treadmills. In fact, a U.S. patent for a "training machine" was issued in 1913. Since then, there have been hundreds of treadmills invented with varying characteristics. Some of them are operated by a powered motor, whereas others are manually operated by the user's own steps. Nonetheless, the fundamental principle of the treadmill remains the same.
The Global Treadmill Market Research Report 2022 report by The Market Reports is a professional analysis of the global treadmill market. It covers treadmills intended for both home use and commercial use, while also analyzing manual treadmills and motorized treadmills. Additionally, it provides forecast data on the treadmill market through 2022. According to the report, the global treadmill market is expected to reach approximately $4,009.96 million by the end of 2022. To put that number into perspective, it was valued at just $3,356.33 in 2016; thus, the market is expected to grow at an annual compound growth rate of approximately 4.22% through the forecast period.
Some of the key treadmill vendors profiled in this report include Icon, Bh Group, Life Fitness, Johnson, Sole, Nautilus, Technogym, Precor, Star Trac, Cybex, Dyaco, Yijian, True Fitness, Shuhua and others. Vendors are thoroughly scrutinized, revealing their respective revenue, product prices, product pictures and more.
The Global Home Treadmill Industry Market Research 2017 report by The Market Reports is a comprehensive study of the global treadmill market, though it focuses specifically on home use. Some of the information you'll find in this report includes market size, growth rate, market drivers, challenges, import and export consumption, trends and more. Regions analyzed in this report include North America, South America, Europe, Africa, Middle East, Asia, China, Japan.
This report segments the global home treadmill market by several criteria. Furthermore, it uses a methodology consisting of time series, strengths, weaknesses, opportunities, and threats (SWOT) analysis, political, economic, social and technological (PEST) analysis, and the five forces model. In essence, this is a complete and comprehensive study of the global home treadmill market and where it's headed.