(Food-Beverage-News.Com, October 20, 2016 ) The report titled "Global Fitness Equipment Market: Size, Trends & Forecasts (2016-2020)", provides an in-depth analysis of the global fitness equipment market by value. The report also gives an insight of the global fitness equipment market by segments, by region, etc.
The report provides a regional analysis of the fitness equipment market, including the following regions: North America, Latin America & MEIA, APAC and Europe.
Furthermore, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global fitness equipment market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The competition in the global fitness equipment market is dominated by the three big players Technogym, Brunswick Corporation (Life Fitness) and Amer Sports (Precor). Further, key players of the fitness equipment market Technogym, Brunswick Corporation (Life Fitness) and Amer Sports (Precor) are also profiled with their financial information and respective business strategies.
The global shipbuilding market can be analyzed on the basis of new orders, order book and delivery trend of ships. Currently, the market is experiencing tough times but is expected to regain its momentum with Asia leading the global market. South Korea, China, and Japan are the leading countries in the market accounting almost the entire global shipbuilding market. The shipbuilders in a given country typically specialize in certain types of vessels. South Korean companies, tend to focus on containerships and tankers. China produces large numbers of dry bulk containers and Japan builds large numbers of oil tankers.
High-Tech ships are the emerging trend in the market which are the new vessel types and more eco-friendly designs, enhancing performance, while design focuses on meeting the customization requirements of ship owners. The number of high-tech shipbuilders worldwide, represents a very small percentage of the total number of shipbuilders globally. In each shipbuilding nation, only an elite group of companies can claim to produce high-tech ships.
The growth drivers of the global shipbuilding market, especially for high-tech shipbuilding market are: an increase in the use of natural gas as a source of energy, strict environmental regulations, the rise in use of renewable energy, operational & energy efficiency, safety, performance, rise in seaborne trade, lifting of sanctions from the Iran and Arctic resource exploration. Despite the market is governed by various growth drivers, there are certain challenges faced by the market such as: volatile oil prices, further write-downs on existing backlogs, increasing competition in the commercial segment, delay in financial decisions, political & financial instability and financial crises &increased competition.
