Tuesday, 23 May 2017

Ethylene Glycols Market Is Expected to Reach USD 33.36 Billion by 2020

Global Market for Ethylene Glycol is expected to reach USD 33.36 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for polyethylene terephthalate (PET) for packaging applications, primarily in Asia Pacific and Latin America is expected to remain a key driving factor for the market. In addition, growth from global textiles industry is also expected to support the ethylene glycol market development over the forecast period. Volatile prices and tight supply of raw materials, on account of frequent fluctuations in crude oil prices is expected to inhibit the market growth over the next six years.

Mono Ethylene Glycol (MEG) emerged as the leading product segment and accounted for 89.9% of total market volume in 2013. MEG in addition to being the largest product segment is also expected to be the fastest growing ethylene glycol at an estimated CAGR of 4.8% from 2014 to 2020. MEG is mainly used for manufacturing PET and growth of global beverages market is expected to drive the demand for MEG over the forecast period. Global market for di-ethylene glycol (DEG) is expected to reach USD 337.1 million by 2020.

Full Research Report on Global Ethylene Glycols Market Analysis:
http://www.grandviewresearch.com/industry-analysis/ethylene-glycols-industry

Further key findings from the study suggest:
  • The global market volume for ethylene glycols was 16,511 kilo tons in 2013 and is expected to reach 22,815.4 kilo tons by 2020, growing at a CAGR of 4.7% from 2014 to 2020.
  • PET emerged as the leading application market for ethylene glycols and accounted for 44.2% of total market volume in 2013. Growth of beverages industry mainly in Asia Pacific and Latin America is expected to drive this market over the next six years. Polyester fibers are expected to be the fastest growing market for ethylene glycols at an estimated CAGR of 5.1% from 2014 to 2020.
  • Asia Pacific dominated the global ethylene glycols market and accounted for 66.5% of total market volume in 2013. Asia Pacific along with being the largest market is also expected to be the fastest growing market for ethylene glycols at an estimated CAGR of 4.9% from 2014 to 2020. This can be attributed to the growth of textile and automotive industries in the region. North America and European markets for ethylene glycols have reached their saturation point and are expected to grow at a relatively lower growth rates over the forecast period.
  • The global market for ethylene glycol is fairly concentrated with top four companies operating in the market including SABIC, Dow Chemical Company, Sinopec and Shell Chemical accounted for over 50% of total market in 2013. Other companies operating in the market include Formosa Plastics Group, Honam Petrochemicals and Ineos.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives

For the purpose of this study, Grand View Research has segmented the Global Ethylene Glycol Market on the basis of product, application and region:
   
 • Global Ethylene Glycol Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • Monoethylene Glycol (MEG)
            • Diethylene Glycol (DEG)
            • Triethylene Glycol (TEG)
    • Global Ethylene Glycol Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
            • PET
            • Polyester Fibers
            • Antifreeze
            • Films
            • Others
    • Ethylene Glycol Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-ethylene-glycols-market           

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

ERP Software Market Is Segmented On The Basis Of Deployment, Functions, Verticals, End-User And Region 2012-2022

Global ERP Software Market is anticipated to witness tremendous gains over the next seven years on account of its increasing application in defense & aerospace, retail, and government utility sectors. The software enables organizations to function with transparency, increases productivity, and enables decision making. The industry is expected to be worth USD 48.22 billion in 2022.

ERP software as a finance function facilitates management of different financial activities including cash flow management, asset management, accounting, and investment. Finance was the largest segment of the market contributing to over 22.0% of the share in 2014 and is estimated to grow at a CAGR exceeding 7.0% from 2015 to 2022.

Human resource is likely to be the fastest growing functional segment owing to rapid organizational development and expansion. Automated HR processes are also expected to drive growth.

Full Research Report on Global ERP Software Market Analysis:
http://www.grandviewresearch.com/industry-analysis/erp-software-market

On-premise ERP software deployment model accounted for over 60.0% of the total revenue in 2014, owing to the various benefits offered including high data security and continuous control in the organizations, thereby reducing the dependency on third party vendors. The market was valued at USD 17.01 billion in 2014. Cloud deployment was the second largest segment in 2014 owing to the introduction of mobile devices coupled with lower infrastructure requirements.

Manufacturing & services were valued at USD 5.11 billion in 2014, capturing over 15.0% of the revenue share in 2014. This segment utilizes ERP software for a broad range of business activities including customer services, inventory management, production scheduling, day-to-day performance management, daily operations monitoring and inter-departmental collaboration. Government utilities are expected to capture a significant share due to rising adoption of IT infrastructure.

Medium-enterprises were the largest end-users, accounting for over 40.0% of the global share in 2014, owing to the factors including minimized production costs, increased operational efficiency, and timely product delivery. Stringent government regulations and compliances in organizations have augmented market demand thereby, achieving high productivity and reduced complexity.

North America contributed to over 40.0% of the revenues in the global industry and was valued at USD 11.33 billion in 2014. Increasing technological advancements and rising adoption of ERP software in the finance function by the enterprises in the region to achieve transparency in financial transactions is expected to augment the market demand.

Europe and Asia Pacific are projected to register a speedy growth in the ERP software market owing to the mounting number of enterprises and booming manufacturing industry. Government initiatives, particularly in the emerging economies of Asia Pacific for implementing IT infrastructure are expected to augment the market demand over the forecast period. Key players present in the industry includes IBM Corporation, Oracle Corporation, SAP SE, Sage Group Plc, Syspro, Unit4, Microsoft Corporation and NetSuite Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the Global ERP Software Market on the basis of deployment, functions, verticals, end-user and region:

Global ERP Software Deployment Outlook (Revenue, USD Million, 2012 - 2022)
  • On-premise
  • Cloud
Global ERP Software Functions Outlook (Revenue, USD Million, 2012 - 2022)
  • Finance
  • Human resource (HR)
  • Supply chain
  • Others
Global ERP Software Verticals Outlook (Revenue, USD Million, 2012 - 2022)
  • Manufacturing & services
  • BFSI
  • Healthcare
  • Retail
  • Government utilities
  • Aerospace & defense
  • Telecom
  • Others
Global ERP Software End-User Outlook (Revenue, USD Million, 2012 - 2022)
  • Large enterprises
  • Medium enterprises
  • Small enterprises
Global ERP Software regions Outlook (Revenue, USD Million, 2012 - 2022)
  • North America
  • Europe
  • Asia Pacific
  • Rest of World

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-erp-software-market          

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Joint Reconstruction Devices Market Report Covers Revenue Forecast, Company Share, Competitive Landscape, Growth Factors And Trends 2014-2025

Global Joint Reconstruction Devices Market is expected to reach USD 30.4 billion by 2025, according to a new report by Grand View Research, Inc. High adoption of minimally invasive surgeries across the globe has given rise to technological advancement in surgical devices and procedures. In addition, growing prevalence of joint-related conditions and changing therapeutic approaches are expected to boost the market growth.

The joint reconstruction devices market is largely dependent on technological development. Ongoing studies on improving robotically-assisted surgeries and bionic implants are expected to play a pivotal role in the development of total joint replacement surgeries market. These advancements are expected to help in complex surgeries to improve success rate of these procedures and increase patient convenience.

A major share of the joint reconstruction market is captured by large joints. Knee and hip joint reconstruction together captured more than half of the revenue share in 2016. The prevalence of conditions related to these two joints is higher as compared to other joints due to overuse. Treatment of conditions related to these joints is crucial to recover the mobility of patients. Thus, a significant amount of funds are invested in R&D of large joint reconstruction techniques.

Full Research Report on Global Joint Reconstruction Devices Market Analysis:
http://www.grandviewresearch.com/industry-analysis/joint-reconstruction-devices-market

Further key findings from the report suggest:
  • Joint replacement techniques captured the largest share in 2016 and is expected to maintain dominance throughout the forecast period. High procedural volume and high price of implants are anticipated to drive growth.
  • Development of operating techniques, allografts, and synthetic bone grafts are expected to boost growth of the bone graft segment. The segment is further divided into allograft and synthetic sub-segments.
  • The knee segment is expected to dominate the market throughout the forecast period. Availability of a large number of treatment options and introduction of innovative surgical techniques are expected to drive the growth of the segment.
  • Developing economies, increased foreign direct investment, rising demand, and emergence of local players are factors that are expected to render fastest growth in the Asia Pacific region.
  • Key players of the market include Medtronic; Nuvasive, Inc.; Zimmer Biomet; Stryker; DePuy Synthes; Aesculap Implant Systems, LLC; Smith and Nephew; CONMED Corporation; and DJO Global, Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Joint Reconstruction Devices Market on the basis of technique, joint type, and region:

Joint Reconstruction Devices Technique Outlook (Revenue, USD Million, 2014 - 2025)
  • Joint replacement
·         Implants
·         Bone Graft
§  Allograft
§  Synthetic
·         Osteotomy
·         Arthroscopy
·         Resurfacing
·         Arthrodesis
·         Others
Joint Reconstruction Devices Joint Type Outlook (Revenue, USD Million, 2014 - 2025)
  • Knee
  • Hip
  • Shoulder
  • Ankle
  • Others
Joint Reconstruction Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)
  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-joint-reconstruction-devices-market         

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Radio Frequency Identification (RFID) Technology Market Is Anticipated To Growing At A CAGR Of 14.7% 2014-2025

Global Radio Frequency Identification (RFID) Technology Market is estimated to reach USD 40.5 billion by 2025, according to a new report by Grand View Research, Inc. The industry is expected to witness a steady growth owing to the increasing demand from the retail sector and the healthcare industry.

RFID technology has been in use for several years now; however, the recent growth in its applications across a wide set of industries, such as retail, transport, medical, and defense, among others, has spurred its adoption. The retail industry is at the forefront and has witnessed its technological reconnaissance with the use of RFID tags. An interesting fact of the retail sector is the way it has successfully passed on the benefits of the technology to other industries in the supply chain with the help of the mandates.

An important aspect of the RFID technology market is the varying nature of manufacturing and evidently the related costs. The past decade has seen a considerable reduction in the production costs with the advent of many new technologies such as printing and ink-jet. As the vendors benefit from these trends in the market, the increasing penetration of cost-to-volume benefits is expected to perpetuate to the end users.

RFID devices are anticipated to witness a surge in demand as the technological proliferation has led to an extensive use of smart cards, access control, and other NFC applications. In addition, the use of Ubiquitous Sensor Networks (USNs) and many short-range wireless communications, such as WiFi and Zigbee, is expected to help in the RFID market growth. To sum up the trends in the market, the RFID industry is anticipated to witness a healthy growth in the coming years with technology, cost, and size fueling its rapid deployment.

Full Research Report on Global Radio Frequency Identification (RFID) Technology Market:
http://www.grandviewresearch.com/industry-analysis/radio-frequency-identification-rfid-technology-market

Further key findings from the report suggest:
  • Government and industry specific mandates are expected to play a vital part in the deployment of RFID devices.
  • The key focus of industry veterans is RFID tags while emphasis laid on frequency bands and size optimization.
  • Numerous research and development activities are being carried out as the industry participants vie for the technological edge.
  • The impact of global technology trends, such as Internet of Things (IoT) and wearables, is prominent on the market and is expected to define the industry’s direction for the next decade.
  • The industry is fragmented in nature and there are several regional and global players operating in the market at various levels of the value chain.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Radio Frequency Identification (RFID) Technology Market on the basis of products, frequency, application, and region:

Product Outlook (Revenue, USD Million; 2014 - 2025)
  • RFID Tags
  • RFID Readers
  • Middleware
Frequency Outlook (Revenue, USD Million; 2014 - 2025)
  • Low Frequency
  • High Frequency
  • Ultra-high frequency
Application Outlook (Revenue, USD Million; 2014 - 2025)
  • Retail
  • Financial Services
  • Healthcare
  • Industrial
  • Government
  • Transport & Logistics
  • Others
Regional Outlook (Revenue, USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • South America
    • Brazil
  • Middle East & Africa (MEA)

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-radio-frequency-identification-rfid-technology-market        

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Project Portfolio Management Market Report Covers Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, And Trends 2014-2025

Global Project Portfolio Management Market is estimated to attain USD 8.85 billion by 2025, according to a new report by Grand View Research, Inc. The growing trend of BYOD, among businesses, is expected to improve employee productivity and real-time project monitoring; thereby, making it feasible to implement project and portfolio management solutions.

Multi-regional businesses are fueling the demand for project and portfolio management solutions to foster effective decision-making and prevent project complexities. The extensive use of project and portfolio management solutions in data analytics, to offer convenient services to customers at low costs, in the BFSI and IT & telecom sectors is anticipated to drive the market growth.

Emerging businesses that adopt cloud-based services, mainly in developing economies such as Asia Pacific, are expected to fuel the growth of project and portfolio management market over the forecast period. Further, facilities, such as low setup costs, improved security, and increased collaboration opportunities, provided by the cloud-based solutions are expected to increase business productivity and overall growth of an organization.

Full Research Report on Global Project Portfolio Management Market Analysis:
http://www.grandviewresearch.com/industry-analysis/project-and-portfolio-management-software-market

Further key findings from the study suggest:
  • Increasing complexity in banking operations, due to increased multi-regional operations and outsourcing activities, is anticipated to elevate the demand for PPM solutions in the BFSI application segment
  • The BFSI segment dominated the application segment of the project and portfolio market in 2015 and is presumed to grow at a CAGR of 12% over the forecast period
  • The new product development segment is estimated to be the fastest-growing solution segment in 2015 and is expected to witness a CAGR of 15% over the forecast period
  • Technological advancements in cloud and mobile technologies are anticipated to enable increased investment in the new product development segment for creating applications that can be used on-the-go
  • The services segment is further segregated into support & consulting services, integration & deployment, and training & education
  • The deployment of cloud-based solutions stimulates easy service delivery, owing to their virtual presence that aids organizations in accessing data, anytime, across connected devices
  • The Asia Pacific region is expected to contribute, significantly, to the industry growth, due to the emerging Small and Medium Enterprises (SMEs) and increasing adoption of BYOD. The regional market is predicted to grow at a CAGR of 14% over the next nine years.
  • The key industry participants include CA, Inc., Celoxis Technologies Pvt. Ltd., Changepoint Corporation, HP Development Company, L.P., Innotas, Planview Corporation, Planisware, Microsoft, Oracle, and Workfront, Inc., among others 

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Project Portfolio Market based on solution, platform, deployment, enterprise size, application, and region:

Project Portfolio Management Solution Scope (Revenue, USD Million; 2014 - 2025)
  • Information Technology
  • New Product Development
  • Others
Project Portfolio Management Platform Scope (Revenue, USD Million; 2014 - 2025)
  • Software
  • Services
    • Integration and Deployment
    • Support and Consulting
    • Training and Education
Project Portfolio Management Deployment Scope (Revenue, USD Million; 2014 - 2025)
  • Cloud
  • On-premise
Project Portfolio Management Enterprise Size Scope (Revenue, USD Million; 2014 - 2025)
  • Small and Medium Enterprises
  • Large Enterprises
Project Portfolio Management Application Scope (Revenue, USD Million; 2014 - 2025)
  • BFSI
  • Government
  • Engineering & Construction
  • Healthcare
  • IT & Telecom
  • Others
Project Portfolio Management Regional Scope (Revenue, USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan
  • South America
    • Brazil
  • Middle East and Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-project-portfolio-management-ppm-market       

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


For more Information visit us: www.grandviewresearch.com

Marketing Automation Software Market Is Segmented On The Basis Of Solutions, Enterprise Sizes, Deployment, Applications, And Regions 2025

Global Marketing Automation Software Market is expected to reach USD 7.63 billion by 2025, according to a new report by Grand View Research, Inc. Marketing automation software help organizations in automating repetitive and monotonous tasks, such as emails, social media, and other website functions, to save time, costs, and efforts. The technology is helpful in generating quality leads and successfully implementing marketing campaigns. It aids a marketing team in optimal usage of time and channelize its effort in working on multiple online sources.

The email marketing segment accounted for the largest market share, in the solution category, in 2015. However, the reporting & analytics segment is expected to grow at the highest CAGR of 13.3% over the forecasted period. The technology is expected to be applied in discrete manufacturing and grow at an estimated CAGR of 11.8% from 2016 to 2025.

The manufacturing industry is benefitting from marketing automation solutions, as they help in aligning office processes (both front and back) with an ERP or CRM. North America dominated the overall market and accounted for 54% of the total market revenue in 2015, owing to the presence of a large number of leading players.

Full Research Report on Global Marketing Automation Software Market Analysis:
http://www.grandviewresearch.com/industry-analysis/marketing-automation-software-market

Further key findings from the report suggest:
  • The email marketing segment accounted for 30% of the total market share in the year 2015
  • In 2015, cloud deployment was the most preferred way for deploying the technology and the segment is predicted to maintain its dominance over the next nine years.
  • The telecom & IT segment accounted for 23% of the total market revenue in 2015
  • The Asia Pacific region is expected to experience the highest growth over the forecast period, owing to the presence of emerging economies, such as India and China, which possess a large customer base. The regional market is expected to grow at a CAGR of 13.5% from 2016 to 2025.
  • The prominent players in the market are Act-On Software, Inc., Adobe systems, Inc., HubSpot, Inc., IBM Corporation, Salesforce.com, Inc., and Oracle, among others
  • A large number of vendors are acquiring other players to consolidate their market share and expand their existing portfolio

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Marketing Automation Software Market based on solutions, enterprise sizes, deployment, applications, and regions:

Solution Outlook (Revenue, USD Million; 2014 - 2025)
  • Campaign Management
  • Email Marketing
  • Inbound Marketing
  • Mobile Applications
  • Lead Management
  • Reporting & Analytics
  • Social Media Marketing
  • Others
Enterprise Size Outlook (Revenue, USD Million; 2014 - 2025)
  • Large Enterprises
  • SME
Deployment Outlook (Revenue, USD Million; 2014 - 2025)
  • On-premise
  • Cloud
Application Outlook (Revenue, USD Million, 2014 - 2025)
  • BFSI
  • Retail
  • Healthcare
  • Telecom & IT
  • Discrete Manufacturing
  • Government & Education
  • Others
Regional Outlook (Revenue, USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
  • Asia Pacific
    • China
    • India
    • Japan 
  • South America
    • Brazil
  • Middle East & Africa 

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-marketing-automation-software-market      

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Monday, 22 May 2017

Fitness Equipment Market Size Is Expected To Grow At A CAGR Of Over 3.5% Over The Forecast Period 2012-2022

Global Fitness Equipment Market is anticipated to reach USD 13.24 billion by 2022. Key factors that are expected to fuel growth include urbanization leading to changing lifestyles, growing awareness of health & wellness and drastic increase of obese population.

Emerging economies have been observing growing trend for healthcare programs across all segments. In addition, governments in these countries are persistently attempting to conceptualize and establish effective healthcare plans. The introduction of new fitness regimes and healthcare programs across various corporates to encourage employees is expected to trigger growth. Fitness equipment market is projected to grow at a CAGR of 3.6% from 2015 to 2022.

On the basis of equipment type, the industry is segmented into strength training, cardiovascular and devices such as trackers & monitors. Commonly used equipment across all age groups to maintain fitness and manage weight include stationary bicycles, treadmills, weightlifting machines and stair climbers.

Demand for cardiovascular training devices is comparatively greater than strength training devices on account of dual benefit of well-being and disease prevention. Cardiovascular training devices are estimated to strengthen their hold on the industry in the next seven years and grow at a CAGR exceeding 3.0% from 2015 to 2022 owing to its increased adoption. Cardiovascular training devices such as treadmills, stair machines, and rowing machines stair machines. They are extensively used to keep Body Mass Index (BMI) within limits and maintain body fitness. 

Full Research Report on Global Fitness Equipment Market Analysis:
http://www.grandviewresearch.com/industry-analysis/fitness-equipment-market

Health clubs and gyms accounted for nearly 45.0% of total market share and dominated the market in 2014 as they form an essential prerequisite for health clubs. However, home users buy different equipment for their use. Purchase of these devices by commercial firms such as hospitals, hotels, and corporate offices to enhance customer experience is also expected to drive growth in the market.

Asia Pacific is a lucrative market with a high requirement for advanced and sophisticated fitness equipment. It is projected to grow at a CAGR of over 7.0% from 2015 to 2022. Outsizing youth population coupled with increasing disposable incomes in emerging economies is anticipated to propel growth.

North America is expected to be a major market for this industry owing to rising overweight population. North America acquired nearly 45.0% of the total industry share in 2014 and is expected to continue the trend over the forecast period at a CAGR of over 2.0%.

Firms in this business are very competitive and strategize by introducing updated version of existing products or launching newer and improved equipment. Key strategies being adopted by the companies include product innovations and exclusivity owing to technological enhancements. Market players engage in forming alliances to gain market share and dominate the industry. It includes Cybex International Inc., Brunswick, Johnson Health Tech., Paramount, Precor and Nautilus Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/electronic-devices

Grand View Research has segmented the Global Fitness Equipment Market on the basis of device, end-use, and region:

Fitness Equipment Device Outlook (Revenue, USD Million, 2012 - 2022)
  • Cardiovascular training
  • Strength training
  • Others
Fitness Equipment End-Use Outlook (Revenue, USD Million, 2012 - 2022)
  • Home
  • Health clubs
  • Others
Fitness Equipment Regional Outlook (Revenue, USD Million, 2012 - 2022)
  • North America
  • Europe
  • Asia Pacific
  • RoW

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-fitness-equipment-market              

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: 
www.grandviewresearch.com

Palm Oil Market Analysis Report Forecasts Revenue And Volume Growth At Global, Regional And Country Levels 2012-2022

In 2014, Global  Palm Oil Market  was valued at USD 61.09 billion.  The market is poised for growth owing to the increasing demand from th...