What is Global Rower Market?
The Global Rower Market is a comprehensive study of the worldwide market trends and growth prospects for rowing machines, a popular fitness equipment. This market encompasses the production, distribution, and sales of various types of rowing machines across the globe. The rowing machine, also known as an ergometer, simulates the action of watercraft rowing for the purpose of exercise or training for rowing. The Global Rower Market is a significant segment of the fitness equipment industry, and its growth and development are influenced by several factors such as health and fitness trends, technological advancements, and consumer purchasing power. The market is also affected by the competitive landscape, which includes the strategies and performances of major global and regional players. The Global Rower Market is a dynamic and complex field that requires thorough understanding and analysis to make informed business decisions and strategies.
Air Rower, Magnetic Rower, Hydraulic Rower, Water Rower in the Global Rower Market:
The Global Rower Market is segmented into various types based on the resistance mechanism of the rowing machines. These include Air Rowers, Magnetic Rowers, Hydraulic Rowers, and Water Rowers. Air Rowers are rowing machines that use air resistance to provide the workout. They are popular for their smooth, natural rowing motion and the ability to adjust the resistance based on the rowing speed. Magnetic Rowers use magnetic resistance to provide the workout. They are known for their quiet operation and the ability to adjust the resistance level with a simple knob or digital controls. Hydraulic Rowers use hydraulic cylinders for resistance. They are compact and affordable, making them a popular choice for home use. Water Rowers simulate the actual feel of rowing on water. They use water resistance to provide the workout and are appreciated for their realistic rowing motion and soothing sound of water. Each type of rower has its own advantages and disadvantages, and their market share and growth prospects vary based on factors such as consumer preference, price, features, and performance.
Home Use, Commercial in the Global Rower Market:
The Global Rower Market is also segmented based on the usage of rowing machines. These include Home Use and Commercial Use. Home Use refers to the use of rowing machines for personal fitness at home. With the increasing awareness about health and fitness, more and more people are setting up home gyms and investing in fitness equipment like rowing machines. The convenience of working out at home, the cost savings from not having to pay for gym memberships, and the privacy of exercising at one's own pace and time are some of the factors driving the growth of this segment. Commercial Use refers to the use of rowing machines in commercial settings like gyms, fitness centers, and sports training facilities. Despite the growth of home gyms, commercial gyms and fitness centers continue to be popular as they offer a wide range of equipment, professional guidance, and a social environment for exercise. The growth of this segment is driven by factors such as increasing urbanization, rising disposable income, and growing health consciousness among the population.
Global Rower Market Outlook:
The Global Rower Market outlook highlights the growth and development of the market. In 2022, the market was valued at US$ 238.8 million. It is projected to reach a value of US$ 330.6 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period from 2023 to 2029. North America is a major player in the global market, accounting for about 45% of the market share. This growth is attributed to factors such as the popularity of rowing as a form of exercise, the presence of major market players, and the high purchasing power of consumers in this region. However, it's important to note that these figures are estimates and actual market performance may vary due to various factors.
| Report Metric | Details |
| Report Name | Rower Market |
| Accounted market size in 2023 | US$ 251 million |
| Forecasted market size in 2029 | US$ 330.6 million |
| CAGR | 4.7 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Segment by Region |
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| By Company | Concept2, WaterRower Machine, FIRST DEGREE FITNESS, LifeCORE Fitness, HealthCare International, Bodycraft, KETTLER, Stamina Products, Sunny Health & Fitness, ProForm, LifeSpan, Velocity Exercise, DKN Technology, SOLE Treadmills, Johnson Health Tech, Soozier, NordicTrack |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
