Press release
Smart Sports Fitness Tracker Market Report Based on Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast to 2022 and Kay Players - Bosal, Westfalia Automotive, Brink/ Thule Towing Systems, PCT Automotive, Tow-Trust Towbar
The scope of FactMR’s report is to analyze the global Smart Sports Fitness Tracker Market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Sports fitness tracker manufacturers, stakeholders, and suppliers in the global sporting goods & accessories industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals. The report commences with a brief information of the global smart sports fitness tracker market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global smart sports fitness tracker market.
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The global smart sports fitness tracker market is expected to register a steady growth attributed to considerable demand in the fitness industry. Consumption of smart sports fitness tracker is high among the healthcare manufacturers attributed to increasing need for monitoring rate of heart beat, monitoring respiratory rate, and calories burned or consumed among the diabetic patients. Activity tracking is expected to witness considerable demand in the fitness industry as compared to other products. Sales of smart sports fitness trackers is expected to remain high through sports and departmental stores in the global market. Europe is expected remain the largest market for smart sports fitness tracker globally.
Smart sports fitness tracker is an application or device that is used to track and monitor fitness-related activities including heartbeat, quality of sleep, and consumption of calories. It also measures the distance and number of footsteps walked or run by the end user. Attributed to integrated technologies such as optical heart rate monitor and bio-impedance sun sensors, smart fitness trackers witness considerable consumption among diabetic patients. The global smart sports fitness tracker market will register a moderate growth, and is expected to represent a value of over US$ 2,700 Mn by the end of 2022.
While fitness trackers don’t really feature in the must-have devices list, upgraded technology integrated in these devices has led to an increasing dependence on these devices for tracking fitness physical activities. As people are getting more conscious about weight management, demand for tracking and managing physical activities is expected to rev up. Fitness tracker is becoming a tool of motivation for people to increase their physical activities. Maintaining a log of sleeping patterns, and tracking the calories burned through fitness tracker is becoming a fashion forwards trend globally. Apart from a pedometer device, use of fitness tracker is constrained to personal accountability and psychological encouragement. Bound to such factors, the smart sports fitness tracker is expected to witness considerable demand among the manufacturers operating in the fitness industry.
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Sports stores is expected to register the highest growth in terms of revenue in the global smart sports fitness tracker market. This segment is expected to represent a value of over US$ 180 Mn in the global market in 2017. Departmental stores is expected to register the second highest growth in terms of revenue in the global smart sports fitness tracker market by the end of 2017. Sales of smart sports fitness tracker in Europe will generate the highest revenue in the global market throughout 2022. Online retail is expected to register the highest CAGR growth in the global smart sports fitness tracker market through 2022.
Mid-price is expected to register the highest growth in terms of revenue in the global smart sports fitness tracker market. This segment is expected to represent a value of over US$ 200 Mn in the global market by the end of 2022. Economic prices is expected to register the second highest growth in the global smart sports fitness tracker market through 2022. This segment is expected to register the highest CAGR in the global market throughout 2022.
Competitive Tracking
Leading market players in the global smart sports fitness tracker market include Witter, Bosal, Westfalia Automotive, Brink/ Thule Towing Systems, PCT Automotive, Tow-Trust Towbars, Thule, Dixon Bate Limited, David Murphy Towing, A1 Towing Limited, A1 Towing Limited, and Montaplast GmbH.
Table of Contents
Global Smart Fitness Trackers Market - Executive Summary
Global Smart Fitness Trackers Market Overview
2.1. Introduction
2.1.1. Global Smart Fitness Trackers Market Taxonomy
2.1.2. Global Smart Fitness Trackers Market Definition
2.2. Global Smart Fitness Trackers Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Smart Fitness Trackers Market Y-o-Y Growth
2.3. Global Smart Fitness Trackers Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
Continued………………………..
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