Market Share of Fitness Equipment Industry
The fitness equipment market is fragmented, with global and regional players dominating the market. The prominent market players are Nautilus Inc., Johnson Health Tech Co., Peloton Interactive, Inc., Icon Health & Fitness, Inc., and Life Fitness. Because of the increasing trend of fitness and sports, the demand for fitness equipment is increasing worldwide. Mergers and acquisitions between companies are driving innovation and market penetration.
For instance, in April 2021, Peloton acquired Precor, one of the leading global commercial fitness equipment manufacturers with a significant United States manufacturing presence. With this acquisition, Peloton expands its manufacturing capabilities in the United States, anticipates collaborating with Precor's team to strengthen its research and development capabilities, and accelerates its commercial market penetration.
Fitness Equipment Market Leaders
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Nautilus Inc.
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Johnson Health Tech Co.
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Peloton Interactive, Inc.
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Icon Health & Fitness Inc.
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Life Fitness
*Disclaimer: Major Players sorted in no particular order
