Rowing Machine Market size was valued at US$ 1.2 Bn. in 2020. Hydraulics, one of the segments reviewed in our reports dominated the Rowing Machine Market.
Rowing Machine Market Overview:A rowing machine is a training machine with a sliding seat and rowing to train your muscles. Rowing boats are considered one of the best forms of exercise for improving fitness. Rowing machines can also be used by people with postoperative injuries and joint problems. A rowing machine, or indoor rowing machine, is a device used to simulate the movement of a rowing watercraft for exercise or rowing training purposes. Rowing is an activity that is very suitable for the consumer with joint problems. It also allows whole-body training to burn excess fat and calories efficiently. To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020's market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed especially with the impact of lockdown by region.
Rowing Machine Market Dynamics:Rapid urbanization, heightened awareness of health and fitness, busy work schedules, and growing health problems are the major drivers for the growth of the rowing machine market. People enroll in gyms and health clubs to stay healthy and maintain proper body structure. Thus, driving the demand for the product in the market. Internet of Things is impacting the demand for rowers around the globe. Various wearable IoT devices such as fitness trackers and smartwatches have made it possible to track important health statistics and calories burned. Collaboration with fitness applications and increased awareness of the negative effects of diabetes and obesity are expected to drive demand for rowing machines through the forecast period. An increase in the elderly population has had a positive impact on the growth of the rowing machine market. The elderly population places great importance on lowering cholesterol, relieving joint pain, and increasing bone density. As the population has completely different requirements than the younger population, fitness equipment providers need to develop equipment specifically for the elderly to perform safe and stress-free training. These factors are driving the growth of the market and demand is expected to rise through the forecast period. Growing companies in developing regions, growing medical needs to control obesity, increasing sales of rowing machines for athletes, increasing demand for various innovative rowing at the Olympics and World Championships, calm and smooth rowing. Rowing machines can handle both underweight and high-weight individuals and provide rowers with an easy footrest for relatively heavy people. One of the major factors driving the growth of the rowing machine market. Smartwatches and fitness trackers can now track user sleep patterns and vital sign statistics. A rowing machine compatible with smartwatches allows users to track heart rate, stroke rate, distance, and time. End-user comfort, energy efficiency, the use of natural wood materials, and regulatory compliance are expected to drive the rowing machine market through the forecast period. The prices of raw materials such as hardened steel, cast iron, and brass are always fluctuating. These factors are restraining the market growth of rowing machines. Market trends and challenges are analyzed and compiled in the report. The data of 2020 is considered for a better understanding of the client. Moreover, Analytics of the market is based on real numbers of past years from 2016 to 2019 with market forecast until 2027.
Rowing Machine Market Segment Analysis:By Product, the Hydraulics segment dominated the market with a 37 % share in 2020. Hydraulic-based machines differ from other rowing machines, they are inexpensive and humans cannot draw straight lines with rowing machine technology. Low price and space-saving features are some of the major drivers of the segment. It uses fluid or air as resistance. The hydraulic mechanism is all about power transmission and is convenient for home exercise. The air segment is expected to grow at a CAGR of 6.5 % through the forecast period. The air lower supports aerobic exercise throughout the body and resistance is provided by the fan flywheel. Fan flywheels are heat resistant, helping consumers cool quickly while reducing heat. These factors may create demand for air ladders in the near future. It is used by multiple professional trainers because it gives users a variety of skills, including Long hours of exercise and easier weight maintenance. These factors are expected to drive the growth of the segment through the forecast period in the market. By End Use, the Commercial segment dominated the market with a 57 % share in 2020. The increasing number of gyms and health clubs, increasing health awareness, and growing popularity for professional trainers in gyms. These factors are driving the growth of the segment in the market. The residential segment is expected to grow at a CAGR of 12 % through the forecast period. There's high demand for indoor rowing machines, as most people prefer to exercise at home and also increased awareness of healthy lifestyles and increased disposable income. Home gyms reduce distractions, increase privacy, and give consumers the freedom to use the equipment of their choice. Home fitness equipment is not tied to time limits, making it convenient for fitness enthusiasts. These factors are expected to drive the segment growth in the market through the forecast period. By Distribution Channel, the Offline segment dominated the market with a 55 % share in 2020. With the rise of professional retail cultures around the world, exclusive offers, consumers prefer to check and use before purchasing and wide range of variety. These factors are driving the growth of the segment in the market. The online segment is expected to grow at a CAGR of 10 % through the forecast period. Benefits of easy price comparisons and reviews, accessibility, versatility, low cost, convenience, time savings, and flexibility in the selection are factors driving the demand of the segment. The increasing adoption of smartphones, the spread of the Internet, and the increase in disposable income are the factors expected to drive the demand of the segment through the forecast period.
Rowing Machine Market Regional Insights:North America dominated the market with a 46 % share in 2020. The epidemic of heart disease and obesity is increasing in countries of this region. The surge in product innovation accompanies the increasing trend towards home gymnastics and due to the aging population of the region. Growing customer health consciousness, product innovation, more home studios, aging population, and increasing health problems like obesity, etc. These factors are driving the market growth in this region. Asia Pacific is expected to grow at a CGAR of 7% through the forecast period. The surge in indoor training and athletic activity, customer spending, individual obesity rates around the world, and innovative rowing trends at the Olympic and World Championships are expected to drive the growth of the market in this region. The objective of the report is to present a comprehensive analysis of the Rowing Machine market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Rowing Machine market dynamics, structure by analyzing the market segments and project the Rowing Machine market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Rowing Machine market make the report investor’s guide.
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Rowing Machine Market Report Coverage Details Base Year: 2020 Forecast Period: 2021-2027 Historical Data: 2016 to 2020 Market Size in 2020: US $ 59.95 Bn. Forecast Period 2021 to 2027 CAGR: 4.3 % Market Size in 2027: US $ 89.37 Bn. Segments Covered: by Type • Hydraulics • Water • Air • Others by End Use • Residential • Commercial by Distribution Channel • Offline • Online
Rowing Machine Market, by Region• North America • Europe • Asia Pacific • Middle East and Africa • South America
Rowing Machine Market Key Players• Concept2 • LifeCore Fitness • Stamina Products • Sunny Health & Fitness • BodyCraft • First Degree Fitness • Proform • Kettler • Infiniti • aBlaze • York • HealthCare International • ICON Health & Fitness • Life Fitness • JNB Fitness • Technogym S.p.A. • Nautilus Inc. • Johnson Health Tech • Cybex International, Inc. • JERAI FITNESS PVT. LTD. • WaterRower Club • LifeSpan Fitness • Johnson Health Tech • DKN Technology FAQ: 1] What segments are covered in the Rowing Machine Market report? Ans. The segments covered in the Rowing Machine Market report are based on Product Type, Application, and Fuel Type. 2] Which region is expected to hold the highest share in the Rowing Machine Market? Ans. Asia Pacific Region is expected to hold the highest share in the Rowing Machine Market. 3] What is the market size of the Rowing Machine Market by 2027? Ans. The market size of the Rowing Machine Market by 2027 is US $ 1.61Bn. 4] Who are the top key players in the Rowing Machine Market? Ans. Concept2, LifeCore Fitness, Stamina Products, Sunny Health & Fitness, BodyCraft, First Degree Fitness, Proform, Kettler, Infiniti, aBlaze, York, HealthCare International, ICON Health & Fitness, Life Fitness, JNB Fitness, Technogym S.p.A., Nautilus Inc., Johnson Health Tech, Cybex International, Inc., JERAI FITNESS PVT. LTD., WaterRower Club, LifeSpan Fitness, Johnson Health Tech, DKN Technology. 5] What was the market size of the Rowing Machine Market in 2020? Ans. The market size of the Rowing Machine Market in 2020 was US $ 1.2 Bn.
1. Global Rowing Machine Market: Research Methodology 2. Global Rowing Machine Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Rowing Machine Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Rowing Machine Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Rowing Machine Market Segmentation 4.1. Global Rowing Machine Market, by Type (2020-2027) • Hydraulics • Air • Water • Others 4.2. Global Rowing Machine Market, by End Use (2020-2027) • Residential • Commercial 4.3. Global Rowing Machine Market, by Distribution Channel (2020-2027) • Offline • Online 5. North America Rowing Machine Market(2020-2027) 5.1. Global Rowing Machine Market, by Type (2020-2027) • Hydraulics • Water • Air • Others 5.2. Global Rowing Machine Market, by End Use (2020-2027) • Residential • Commercial 5.3. Global Rowing Machine Market, by Distribution Channel (2020-2027) • Offline • Online 5.4. North America Rowing Machine Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Rowing Machine Market (2020-2027) 6.1. European Rowing Machine Market, by Type (2020-2027) 6.2. European Rowing Machine Market, by End Use (2020-2027) 6.3. European Rowing Machine Market, by Distribution Channel (2020-2027) 6.4. European Rowing Machine Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Rowing Machine Market (2020-2027) 7.1. Asia Pacific Rowing Machine Market, by Type (2020-2027) 7.2. Asia Pacific Rowing Machine Market, by End Use (2020-2027) 7.3. Asia Pacific Rowing Machine Market, by Distribution Channel (2020-2027) 7.4. Asia Pacific Rowing Machine Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Rowing Machine Market (2020-2027) 8.1. Middle East and Africa Rowing Machine Market, by Type (2020-2027) 8.2. Middle East and Africa Rowing Machine Market, by End Use (2020-2027) 8.3. Middle East and Africa Rowing Machine Market, by Distribution Channel (2020-2027) 8.4. Middle East and Africa Rowing Machine Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Rowing Machine Market (2020-2027) 9.1. Latin America Rowing Machine Market, by Type (2020-2027) 9.2. Latin America Rowing Machine Market, by End Use (2020-2027) 9.3. Latin America Rowing Machine Market, by Distribution Channel (2020-2027) 9.4. Latin America Rowing Machine Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Concept2 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. LifeCore Fitness 10.3. Stamina Products 10.4. Sunny Health & Fitness 10.5. BodyCraft 10.6. First Degree Fitness 10.7. Proform 10.8. Kettler 10.9. Infiniti 10.10. aBlaze 10.11. York 10.12. HealthCare International 10.13. ICON Health & Fitness 10.14. Life Fitness 10.15. JNB Fitness 10.16. Technogym S.p.A. 10.17. Nautilus Inc. 10.18. Johnson Health Tech 10.19. Cybex International, Inc. 10.20. JERAI FITNESS PVT. LTD. 10.21. WaterRower Club 10.22. LifeSpan Fitness 10.23. Johnson Health Tech 10.24. DKN Technology