Ellipticals Market

By Product;

Elliptical Trainer, Cross Trainer, and Elliptical Glider

By Technology;

Spectroscopic Ellipsometry and Time-Resolved Ellipsometry

By Application;

Semiconductors & Electronics, Academia & Labs, Photovoltaics & Solar Cells, and Others

By End User;

Health Clubs & Gyms, Individual Users, and Commercial Users

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn305611199 Published Date: August, 2025

Ellipticals Market Overview

Ellipticals Market (USD Million)

Ellipticals Market was valued at USD 2127.50 million in the year 2024. The size of this market is expected to increase to USD 2799.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.


Ellipticals Market

*Market size in USD million

CAGR 4.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.0 %
Market Size (2024)USD 2127.50 Million
Market Size (2031)USD 2799.64 Million
Market ConcentrationHigh
Report Pages347
2127.50
2024
2799.64
2031

Major Players

  • Icon Health & Fitness (NordicTrack, ProForm)
  • Johnson Health Tech (Matrix Fitness)
  • Precor
  • Technogym
  • Life Fitness
  • Sole Fitness
  • Octane Fitness
  • Cybex International
  • Nautilus, Inc. (Bowflex)
  • Horizon Fitness

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Ellipticals Market

Fragmented - Highly competitive market without dominant players


The Ellipticals Market is growing rapidly, supported by increasing interest in personal fitness and the adoption of advanced workout equipment. Around 65% of active fitness users prefer ellipticals for their low-impact exercise benefits and ability to provide full-body workouts. Their convenience and effectiveness have made them a popular choice for gyms as well as home fitness setups.

Increasing Trend of Home Fitness
The rise of home workout solutions is accelerating elliptical adoption. More than 70% of buyers selecting personal exercise equipment opt for ellipticals due to their cardio and strength benefits. Compact structures and user-friendly features make them accessible to a wide range of fitness levels.

Advances in Equipment Technology
Developments in smart connectivity, interactive programs, and resistance control are reshaping elliptical machines. Over 55% of modern designs now come equipped with fitness apps, biometric tracking, and guided virtual sessions. These innovations improve workout efficiency and boost user motivation.

Evolving User Preferences
With more than 60% of individuals prioritizing comfort and safety, ellipticals are being recognized as joint-friendly alternatives to treadmills and other high-impact equipment. Features like customizable stride length, quiet operation, and ergonomic handles are driving strong consumer adoption.

Forward Market Potential
The Ellipticals Market is positioned for long-term growth, with over 50% of future fitness equipment purchases expected to include elliptical trainers. As connected fitness and personalized workout experiences advance, ellipticals will remain a central component of modern fitness regimes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Ellipticals Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health and Fitness Awareness
        2. Rising Obesity Rates
        3. Technological Advancements
        4. Urbanization and Space Constraints
        5. Shift Towards Home Workouts
      2. Restraints
        1. High Initial Cost
        2. Competition from Alternative Products
        3. Maintenance and Repair Costs
        4. Environmental Concerns
        5. Limited Customization Options
      3. Opportunities
        1. Expansion into Emerging Markets
        2. Innovative Product Features
        3. Subscription-Based Services
        4. Focus on Sustainability
        5. Partnerships and Collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Ellipticals Market, By Product, 2021 - 2031 (USD Million)
      1. Elliptical Trainer
      2. Cross Trainer
      3. Elliptical Glider
    2. Ellipticals Market, By Technology, 2021 - 2031 (USD Million)

      1. Spectroscopic Ellipsometry

      2. Time-Resolved Ellipsometry

    3. Ellipticals Market, By Application, 2021 - 2031 (USD Million)

      1. Semiconductors & Electronics

      2. Academia & Labs

      3. Photovoltaics & Solar Cells

      4. Others

    4. Ellipticals Market, By End User, 2021 - 2031(USD Million)
      1. Health Clubs and Gyms
      2. Individual Users
      3. Commercial Users
    5. Ellipticals Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Icon Health & Fitness (NordicTrack, ProForm)
      2. Johnson Health Tech (Matrix Fitness)
      3. Precor
      4. Technogym
      5. Life Fitness
      6. Sole Fitness
      7. Octane Fitness
      8. Cybex International
      9. Nautilus, Inc. (Bowflex)
      10. Horizon Fitness
  7. Analyst Views
  8. Future Outlook of the Market