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Running Gears Market is estimated to grow at a CAGR of 16% by Forecast to 2023

By Herald Keeper
By Market Research Future

Running Gears

Market Highlights:

The study reveals that running gears is trending in North America region. The increasing adoption of advanced technologies in running gears are factors driving for the market growth. The smart running gears are widely used in these region as it provides real time coaching that send the feedback via the headphones. In U.S, it is extensively used among sports person as t also helps to improve running form, reduce the chances of injury and among others. It also enhances the running skill, provide the information on pace, distance and time and others.

In North America region, the retail market is growing due to the growing need of user’s demand of Running Gears Market. The running shoes are inbuilt with sensors which helps to track the speed, calories burnt, distance covered, and others. The products offered by the companies such as Apple Inc. (U.S.), Fitbit (U.S.), Sensoria Inc. (U.S) have improved these gadgets for better customer experiences.  The companies are investing in this market and is estimated to gain huge growth in the coming years.

The global running gears market is growing rapidly over ~16% of CAGR and is expected to reach at USD ~ 15 Billion by the end of forecast period.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Running Gears Market – Forecast to 2023”.

Major Key Players:

  • Seiko Epson Corporation (Japan)
  • Garmin International (U.S.)
  • Adidas (Germany)
  • Apple Inc. (U.S.)
  • Fitbit (U.S.)
  • Sensoria Inc (U.S.)
  • Suunto (Finland)
  • Altra Running (U.S.)
  • Stryd (U.S.)
  • Lumo Bodytech (U.S.)

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Global Running Gears Market Segmentation:

The global running gears market is bifurcated on the basis of product, market type, sensor type, and region. The product is segmented into running footwear, fitness trackers, running apparel and others. The retail type is segmented into specialty stores, department stores, online retail and others. The sensors type is segmented 3-axis accelerator sensor, gyroscope sensor, altimeter sensor, temperature sensor, bio-impedance sensor and others. The region includes North America, Europe, Asia Pacific and rest of the world.

Market Research Analysis:

On geographic basis, global running gears market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with market share growth in the running gears market.

The running gears is gaining huge demand due to the popularity of various kind of running events, the healthy lifestyle and others benefits of exercises in these regions. In this market, Europe is to be estimated to be the second largest market share for running gears during the forecast period.

Regional Analysis:

The regional analysis of running gears market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share in running gears market as it has huge demand as it is widely used for among sports person.

The running gears market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries like China, Japan and India is an emerging market for running gears market and expected to be the highest CAGR in the coming years.

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Intended Audience:

  • Running gears manufacturing companies
  • Original equipment manufacturers
  • Running gears providers
  • Research and development companies
  • Market research and consulting firms
  • Solution providers
  • Technology standards organizations
  • Technology investors
  • System Integrators

Table of Contents

1          Market Introduction  

1.1       Introduction

1.2       Scope of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3       Market Structure:

1.3.1    Global Running Gears Market: By Product

1.3.2    Global Running Gears Market: By Market Type

1.3.3    Global Running Gears Market: By Sensors Type

1.3.4    Global Running Gears Market: By Region

2          Research Methodology

2.1       Research

2.2       Primary Research

2.3       Secondary Research

2.4       Forecast Model


List of Tables

Table 1 Running Gears Market, By Product

Table 2 Running Gears Market, By Market Type

Table 3 Running Gears Market, By Sensors Type


List of Figures

Figure 1 Research Methodology

Figure 2 Running Gears Market: By Product (%)

Figure 3 Running Gears Market: By Market Type (%)


About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: [email protected]

The post Running Gears Market is estimated to grow at a CAGR of 16% by Forecast to 2023 by Market Research Future appeared first on Herald Keeper.

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