Report Description

 

Forecast Period

2025-2029

Market Size (2023)

USD 39.7 Billion

Market Size (2029)

USD 59.44 Billion

CAGR (2024-2029)

6.8%

Fastest Growing Segment

Sports Footwear & Equipment

Largest Market

North America

 

Market Overview

Global Running Gears Market was valued at USD 39.7 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 6.8% through 2029. The global running gears market has been experiencing steady growth in recent years, driven by several key factors. One of the primary drivers is the increasing emphasis on health and fitness worldwide, with a growing number of individuals adopting running as a preferred form of exercise. This trend is further fueled by the rising awareness of the importance of leading an active lifestyle, as people seek to maintain and improve their overall well-being. The proliferation of advanced sports technologies and smart wearable devices has significantly enhanced the running experience. These innovative products, including fitness trackers, smartwatches, and performance-enhancing apparel and footwear, have not only provided valuable data and insights to runners but also contributed to the market's expansion. The global running gear market caters to a diverse consumer base, ranging from amateur enthusiasts to professional athletes, which adds to its resilience and continued growth potential. The impact of the COVID-19 pandemic has underscored the importance of outdoor and solo activities like running, which has further bolstered the demand for running gear. As a result, the market is poised for continued expansion, with companies increasingly focusing on product innovation and marketing strategies to capture a share of this dynamic and rapidly growing industry.

Key Market Drivers

Health and Fitness Awareness

The global market for running gears has experienced substantial growth, primarily attributed to the burgeoning awareness of health and fitness among individuals worldwide. As more and more people recognize the significance of maintaining a healthy lifestyle, running has surfaced as a preferred choice for those looking to enhance their physical well-being. Running provides an accessible and cost-effective means to remain active and cultivate overall fitness. The understanding of the myriad advantages associated with cardiovascular exercise, weight management, and stress reduction through running has motivated a growing number of individuals to embrace this form of physical activity. Consequently, there has been a notable surge in the demand for running gear, encompassing specialized footwear, moisture-wicking apparel, and various accessories designed to enhance the running experience. This burgeoning trend finds further reinforcement through the omnipresence of social media platforms, where fitness enthusiasts and influencers fervently champion running as a pivotal avenue to attain wellness. The resulting ripple effect generated by these social media influencers has significantly contributed to the continued expansion of the running gears market, as more individuals are inspired to embark on their running journeys and invest in the appropriate gear to support their pursuit of a healthier lifestyle.

Technological Advancements

The global running gears market is experiencing a significant boost from ongoing technological advancements. The development of smart wearables, such as fitness trackers and GPS-enabled running watches, has revolutionized the running experience. These devices offer real-time data on distance, speed, heart rate, and other key metrics, enabling runners to monitor their progress and optimize their training. The integration of advanced materials and designs in running shoes, providing enhanced cushioning, stability, and performance, has further attracted consumers. The adoption of sustainable and eco-friendly materials in running gear aligns with the growing environmental consciousness among consumers. Technology has not only improved the functionality of running gear but also made it more appealing to a tech-savvy consumer base, which continues to drive the market's growth.

Active Lifestyle Trends

The global market for running gears has significantly profited from the overarching shift towards more active lifestyles. In an era marked by increasingly sedentary work and leisure activities, people are consciously integrating running into their daily routines to strike a healthier balance. This embrace of running spans a spectrum of motivations, whether it be for the sheer joy of a leisurely jog, the participation in organized events like marathons, or the exhilaration of challenging trail running and ultra-distance races. Running, in all its forms, has become a means for individuals to infuse physical activity into their lives. This resolute aspiration for a more active lifestyle has engendered a consistent and growing demand for suitable running gear. The emergence of athleisure wear has been emblematic of this trend, as it seamlessly bridges the gap between running and daily life, making it easier for individuals to transition from a workout to their regular activities. The popularity of this multifunctional athleisure trend shows no indication of waning, and, in response, running gear brands have adeptly adapted. They now offer versatile and fashion-forward designs that cater to the needs and preferences of consumers who value both fitness and style, ensuring that the synergy between the two remains a driving force behind the running gears market.

Demographic Diversity

The global running gears market benefits from its diverse consumer base. While professional athletes demand high-performance gear, there is a vast market among amateur enthusiasts, occasional joggers, and even those just starting their running journey. The inclusivity of running appeals to people of different ages, fitness levels, and backgrounds. This diversity means that there is a constant influx of new consumers entering the market. As societies age, older adults increasingly recognize the health benefits of running for maintaining mobility and vitality, further expanding the market. The adaptability of running gear to cater to the specific needs of various demographics, such as lightweight shoes for speed or cushioned footwear for comfort, has ensured a broad appeal, making running gear a valuable commodity across different age groups and fitness levels.

Pandemic Impact

The global running gears market underwent a profound transformation in the wake of the COVID-19 pandemic, as the world grappled with lockdowns and stringent restrictions. During this challenging period, there was a notable upsurge in outdoor activities, with running emerging as a particularly popular choice as gyms and fitness centers temporarily shuttered their doors. Individuals turned to running as a means to preserve their physical and mental well-being, all while adhering to crucial social distancing guidelines. This sudden surge in interest not only saw the birth of new runners but also motivated existing enthusiasts to seek upgrades in their running gear. The pandemic acted as a catalyst, hastening the widespread adoption of e-commerce as the preferred avenue for procuring running gear, with many individuals investing in home-based fitness equipment. This, in turn, fueled an increased demand for running accessories and apparel. While the direct impact of the pandemic is gradually receding, the enduring shift towards outdoor and individual fitness activities remains a prominent driving force within the running gears market. People continue to prioritize their health and wellness, ensuring that the momentum in the market endures and evolves in response to the evolving needs and preferences of the post-pandemic consumer.



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Key Market Challenges

Market Saturation and Competition

One of the primary challenges facing the global running gears market is the saturation of the industry and intense competition among brands and manufacturers. The market has witnessed a proliferation of running gear companies, leading to overcrowding and making it increasingly difficult for new entrants to establish a foothold. Established brands continuously innovate to maintain market share and attract discerning consumers, while emerging brands struggle to differentiate themselves. This fierce competition exerts downward pressure on prices and can lead to product homogenization. Manufacturers must invest heavily in research and development, marketing, and branding to stand out in a crowded marketplace. As the market matures, sustaining growth becomes more challenging, as companies must rely on stealing market share from competitors rather than expanding the overall market.

Environmental Concerns and Sustainability

The running gears market faces growing scrutiny regarding its environmental impact and sustainability. Many consumers are now conscious of the environmental consequences of manufacturing and disposing of athletic gear. The production of running shoes, in particular, involves various synthetic materials and processes with a significant carbon footprint. To address these concerns, companies are under pressure to adopt eco-friendly practices, such as using sustainable materials, reducing waste, and implementing recycling programs. This transition towards sustainability requires considerable investment and a fundamental shift in the industry's approach to manufacturing and distribution. Balancing the demand for high-performance gear with the need for sustainable and ethically produced products is a challenging task, as it often involves higher production costs that can potentially impact pricing and profitability.

Changing Consumer Preferences

The dynamic nature of consumer preferences poses a significant challenge to the global running gears market. What consumers seek in running gear, from design and features to materials and branding, can change rapidly. Trends in fashion and fitness evolve, and companies must adapt quickly to meet these shifting demands. The rise of athleisure, for instance, has created a demand for versatile running gear that can seamlessly transition from workouts to daily life. To stay competitive, companies must stay attuned to consumer preferences, invest in market research, and have agile supply chains to respond swiftly to changing trends. Failing to anticipate or adapt to these shifts can result in excess inventory or the production of products that no longer align with market demands, leading to financial losses.

Global Supply Chain Disruptions

The global running gears market is highly dependent on complex and often globally distributed supply chains. Recent disruptions, such as the COVID-19 pandemic and associated lockdowns, highlighted the vulnerability of these supply chains. Manufacturing and logistics disruptions, including factory closures, shipping delays, and shortages of raw materials, have been significant challenges for the industry. Events like natural disasters, political instability, and trade disputes can also disrupt the supply chain, leading to delays and increased production costs. Companies need to enhance their supply chain resilience by diversifying sourcing, investing in inventory management, and exploring regional manufacturing options. Nevertheless, mitigating these challenges while maintaining cost-efficiency is a delicate balancing act for the running gears market, as unexpected disruptions can impact product availability and lead to lost sales opportunities.

Key Market Trends

Sustainability and Eco-Friendly Products

A prominent trend in the global running gears market is the increasing emphasis on sustainability and eco-friendly products. With growing environmental awareness, consumers are seeking running gear made from recycled or sustainable materials. Manufacturers are responding by incorporating eco-friendly materials such as recycled plastics, organic cotton, and sustainable production practices into their product lines. Sustainable certifications and transparent supply chain information have become selling points, appealing to eco-conscious consumers who want to reduce their carbon footprint while staying active. This trend not only aligns with consumer values but also helps companies differentiate themselves in a competitive market by addressing the demand for greener choices.

Smart Wearables and Technology Integration

The integration of smart wearables and advanced technology into running gear is a driving force in the market. Fitness trackers, GPS-enabled running watches, and even smart textiles have become commonplace, offering runners real-time data and insights into their performance. These devices help users monitor their heart rate, track their routes, and set training goals. Smart apparel, such as moisture-wicking clothing with embedded sensors, is gaining popularity for its ability to provide data on biometrics and body performance. As technology continues to advance, the integration of these features will further enhance the running experience, attracting tech-savvy consumers who value data-driven insights and tracking capabilities.

Inclusive and Diverse Product Offerings

The running gears market is becoming more inclusive, with a growing focus on catering to diverse consumer needs. This trend encompasses a broader range of body types, gender identities, and cultural backgrounds. Running gear companies are increasingly designing products that accommodate different fitness levels and interests, from beginners to ultra-marathoners. Inclusivity extends to size ranges, ensuring that all individuals, regardless of body size, can access high-quality gear. Furthermore, brands are working to create gender-neutral and gender-inclusive products, acknowledging that running is a universal activity. This trend fosters a sense of belonging and empowerment, attracting a more diverse consumer base and promoting inclusivity within the running community.

Personalization and Customization

Personalization and customization are gaining momentum in the running gears market. Consumers are seeking products that cater to their individual preferences, whether it's a personalized shoe fit or customizable color and design options. Brands are leveraging technology, such as 3D foot scanning and online configurators, to offer tailor-made running gear. Personalized training plans and recommendations based on an individual's fitness level and goals are also becoming more common. This trend aligns with the desire for a unique and tailored running experience, allowing consumers to feel a deeper connection with their gear and training regimen.

Direct-to-Consumer (DTC) and E-commerce Growth

E-commerce and direct-to-consumer (DTC) sales channels have experienced significant growth in the running gears market. The convenience of online shopping and the ability to compare products and prices easily make e-commerce a preferred choice for many consumers. The COVID-19 pandemic accelerated this trend as lockdowns limited in-person retail experiences. As a result, running gear brands are increasingly investing in their online presence, enhancing user-friendly websites, and providing virtual assistance to replicate the in-store experience. DTC sales also allow brands to collect valuable consumer data, enabling more targeted marketing and product development. This trend reshapes the traditional retail landscape, emphasizing the importance of a strong digital presence and efficient online sales strategies in the running gear market.

Segmental Insights

Senor Type Insights

The global running gears market witnessed a dominant performance by the 3-Axis Accelerometer Sensors segment. These sensors play a crucial role in measuring the acceleration and movement of the runner, providing valuable data on speed, distance, and pace. The popularity of fitness tracking and wearable devices among runners has significantly contributed to the growth of this segment. The 3-Axis Accelerometer Sensors offer accurate and real-time feedback, allowing runners to monitor their performance and make necessary adjustments to their training routines. These sensors enable the detection of various running metrics, such as cadence and stride length, which further enhance the overall running experience. The 3-Axis Accelerometer Sensors segment is expected to maintain its dominance during the forecast period. The increasing adoption of wearable technology and the growing emphasis on fitness and wellness are anticipated to drive the demand for running gears equipped with these sensors. Advancements in sensor technology, such as improved accuracy and battery life, are likely to further propel the market growth. The integration of artificial intelligence and machine learning algorithms with 3-Axis Accelerometer Sensors is also expected to enhance the capabilities of these devices, providing personalized insights and recommendations to runners. Furthermore, the rising awareness about the importance of physical fitness and the increasing participation in marathons and other running events across the globe are anticipated to fuel the demand for running gears with advanced sensor technologies. Overall, the 3-Axis Accelerometer Sensors segment is poised to maintain its dominance in the global running gears market, driven by technological advancements and the growing fitness-conscious population.

Market Type Insights

The online platforms segment emerged as the dominant force in the global running gears market. The convenience and accessibility offered by online platforms have significantly contributed to the growth of this segment. Online platforms provide a wide range of running gears from various brands, allowing customers to compare prices, read reviews, and make informed purchasing decisions from the comfort of their homes. The increasing penetration of smartphones and internet connectivity, coupled with the growing trend of e-commerce, has further fueled the popularity of online platforms for purchasing running gears. The online platforms segment is expected to maintain its dominance during the forecast period. The ongoing digital transformation and the shift towards online shopping are anticipated to drive the demand for running gears through online platforms. The ease of browsing through a vast selection of products, availability of discounts and deals, and the convenience of doorstep delivery are key factors that attract customers to online platforms. The COVID-19 pandemic has accelerated the adoption of online shopping, as people have increasingly turned to e-commerce for their shopping needs. Online platforms offer a global marketplace, allowing customers to access running gears from different brands and retailers worldwide. This provides a wider range of options and competitive pricing, which is appealing to customers. The integration of advanced technologies, such as augmented reality (AR) and virtual reality (VR), in online platforms is expected to enhance the shopping experience and further drive the growth of this segment. While departments or large retail organizations and specialty brand stores still hold significance in the running gears market, the convenience, variety, and competitive pricing offered by online platforms are expected to maintain their dominance in the global running gears market during the forecast period.



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Regional Insights

North America emerged as the dominant region in the global running gears market. The region's dominance can be attributed to several factors. North America has a large population of fitness enthusiasts and a strong culture of health and wellness, which has fueled the demand for running gears. The region has a well-established sports and fitness industry, with a wide range of running events, marathons, and races taking place throughout the year. This has created a favorable environment for the growth of the running gears market. Furthermore, North America is home to several major sports brands and manufacturers of running gears, which gives the region a competitive advantage in terms of product availability and innovation. The presence of well-known brands and their extensive distribution networks has contributed to the dominance of North America in the market. Looking ahead, North America is expected to maintain its dominance in the global running gears market during the forecast period. The region is witnessing a continued focus on health and fitness, with an increasing number of individuals adopting running as a form of exercise. The rising awareness about the importance of maintaining an active lifestyle and the growing popularity of fitness tracking devices are expected to drive the demand for running gears in North America. The region's strong e-commerce infrastructure and the growing trend of online shopping are anticipated to further boost the market growth. The convenience and accessibility offered by online platforms have made it easier for consumers to purchase running gears, contributing to the dominance of North America in the market. Overall, with its robust fitness culture, presence of major brands, and favorable market conditions, North America is expected to maintain its dominance in the global running gears market during the forecast period.

Recent Developments

  • On November 4, 2022, ASICS, a renowned Japanese sportswear brand, unveiled the ASICS X SOLANA UI collection, marking a significant addition to its product lineup. This exclusive footwear line features two distinct designs: "light mode" and "dark mode," inspired by Solana's integration of technology and physical activity. Demonstrating ASICS' dedication to innovative design and functionality, these custom-crafted running shoes offer runners a distinctive combination of style and performance, aligning with the brand's ethos of delivering high-quality athletic gear.

Key Market Players

  • Nike, Inc.
  • Adidas AG
  • ASICS Corporation
  • New Balance Athletics, Inc.
  • Under Armour, Inc.
  • Puma SE
  • Brooks Sports, Inc.
  • Salomon S.A.
  • Skechers, Inc.
  • Fitbit, Inc.

 By Senor Type

By Products

By Market Type

By Region

  • Bio Impedance Technology Sensors
  • 3-Axis Accelerometer Sensors
  • Altitude Meter
  • Temperature Measurement Sensors
  • Angular Velocity Sensors
  • Smart Fitness Tracker & Gears
  • Latest Technologies & Software
  • Sports Footwear & Equipment
  • Departments of Large Retail Organizations
  • Specialty Brand Stores
  • Online Platforms
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Running Gears Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Running Gears Market, By Senor Type:

o   Bio Impedance Technology Sensors

o   3-Axis Accelerometer Sensors

o   Altitude Meter

o   Temperature Measurement Sensors

o   Angular Velocity Sensors

  • Running Gears Market, By Products:

o   Smart Fitness Tracker & Gears

o   Latest Technologies & Software

o   Sports Footwear & Equipment

  • Running Gears Market, By Market Type:

o   Departments of Large Retail Organizations

o   Specialty Brand Stores

o   Online Platforms  

  • Running Gears Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

§  Belgium

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

§  Indonesia

§  Vietnam

o   South America

§  Brazil

§  Argentina

§  Colombia

§  Chile

§  Peru

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Israel

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Running Gears Market.

Available Customizations:

Global Running Gears market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Running Gears Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.    Executive Summary

4.    Impact of COVID-19 on Global Running Gears Market

5.    Voice of Customer

6.    Global Running Gears Market Overview

7.    Global Running Gears Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Senor Type (Bio Impedance Technology Sensors, 3-Axis Accelerometer Sensors, Altitude Meter, Temperature Measurement Sensors, Angular Velocity Sensors)

7.2.2.    By Products (Smart Fitness Tracker & Gears, Latest Technologies & Software, Sports Footwear & Equipment)

7.2.3.    By Market Type (Departments Or Large Retail Organizations, Specialty Brand Stores, Online Platforms)

7.2.4.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

7.3.  By Company (2023)

7.4.  Market Map

8.    North America Running Gears Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Senor Type

8.2.2.    By Products

8.2.3.    By Market Type

8.2.4.    By Country

8.3.  North America: Country Analysis

8.3.1.    United States Running Gears Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Senor Type

8.3.1.2.2.           By Products

8.3.1.2.3.           By Market Type

8.3.2.    Canada Running Gears Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Senor Type

8.3.2.2.2.           By Products

8.3.2.2.3.           By Market Type

8.3.3.    Mexico Running Gears Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Senor Type

8.3.3.2.2.           By Products

8.3.3.2.3.           By Market Type

9.    Europe Running Gears Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Senor Type

9.2.2.    By Products

9.2.3.    By Market Type

9.2.4.    By Country

9.3.  Europe: Country Analysis

9.3.1.    Germany Running Gears Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Senor Type

9.3.1.2.2.           By Products

9.3.1.2.3.           By Market Type

9.3.2.    France Running Gears Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Senor Type

9.3.2.2.2.           By Products

9.3.2.2.3.           By Market Type

9.3.3.    United Kingdom Running Gears Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Senor Type

9.3.3.2.2.           By Products

9.3.3.2.3.           By Market Type

9.3.4.    Italy Running Gears Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Senor Type

9.3.4.2.2.           By Products

9.3.4.2.3.           By Market Type

9.3.5.    Spain Running Gears Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Senor Type

9.3.5.2.2.           By Products

9.3.5.2.3.           By Market Type

9.3.6.    Belgium Running Gears Market Outlook

9.3.6.1.        Market Size & Forecast

9.3.6.1.1.           By Value

9.3.6.2.        Market Share & Forecast

9.3.6.2.1.           By Senor Type

9.3.6.2.2.           By Products

9.3.6.2.3.           By Market Type

10. South America Running Gears Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Senor Type

10.2.2. By Products

10.2.3. By Market Type

10.2.4. By Country

10.3.            South America: Country Analysis

10.3.1. Brazil Running Gears Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Senor Type

10.3.1.2.2.         By Products

10.3.1.2.3.         By Market Type

10.3.2. Colombia Running Gears Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Senor Type

10.3.2.2.2.         By Products

10.3.2.2.3.         By Market Type

10.3.3. Argentina Running Gears Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Senor Type

10.3.3.2.2.         By Products

10.3.3.2.3.         By Market Type

10.3.4. Chile Running Gears Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Senor Type

10.3.4.2.2.         By Products

10.3.4.2.3.         By Market Type

10.3.5. Peru Running Gears Market Outlook

10.3.5.1.     Market Size & Forecast

10.3.5.1.1.         By Value

10.3.5.2.     Market Share & Forecast

10.3.5.2.1.         By Senor Type

10.3.5.2.2.         By Products

10.3.5.2.3.         By Market Type

11. Middle East & Africa Running Gears Market Outlook

11.1.            Market Size & Forecast

11.1.1. By Value

11.2.            Market Share & Forecast

11.2.1. By Senor Type

11.2.2. By Products

11.2.3. By Market Type

11.2.4. By Country

11.3.            Middle East & Africa: Country Analysis

11.3.1. Saudi Arabia Running Gears Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Senor Type

11.3.1.2.2.         By Products

11.3.1.2.3.         By Market Type

11.3.2. UAE Running Gears Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Senor Type

11.3.2.2.2.         By Products

11.3.2.2.3.         By Market Type

11.3.3. South Africa Running Gears Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Senor Type

11.3.3.2.2.         By Products

11.3.3.2.3.         By Market Type

11.3.4. Turkey Running Gears Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Senor Type

11.3.4.2.2.         By Products

11.3.4.2.3.         By Market Type

11.3.5. Israel Running Gears Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Senor Type

11.3.5.2.2.         By Products

11.3.5.2.3.         By Market Type

12. Asia Pacific Running Gears Market Outlook

12.1.            Market Size & Forecast

12.1.1. By Value

12.2.            Market Share & Forecast

12.2.1. By Senor Type

12.2.2. By Products

12.2.3. By Market Type

12.2.4. By Country

12.3.            Asia-Pacific: Country Analysis

12.3.1. China Running Gears Market Outlook

12.3.1.1.     Market Size & Forecast

12.3.1.1.1.         By Value

12.3.1.2.     Market Share & Forecast

12.3.1.2.1.         By Senor Type

12.3.1.2.2.         By Products

12.3.1.2.3.         By Market Type

12.3.2. India Running Gears Market Outlook

12.3.2.1.     Market Size & Forecast

12.3.2.1.1.         By Value

12.3.2.2.     Market Share & Forecast

12.3.2.2.1.         By Senor Type

12.3.2.2.2.         By Products

12.3.2.2.3.         By Market Type

12.3.3. Japan Running Gears Market Outlook

12.3.3.1.     Market Size & Forecast

12.3.3.1.1.         By Value

12.3.3.2.     Market Share & Forecast

12.3.3.2.1.         By Senor Type

12.3.3.2.2.         By Products

12.3.3.2.3.         By Market Type

12.3.4. South Korea Running Gears Market Outlook

12.3.4.1.     Market Size & Forecast

12.3.4.1.1.         By Value

12.3.4.2.     Market Share & Forecast

12.3.4.2.1.         By Senor Type

12.3.4.2.2.         By Products

12.3.4.2.3.         By Market Type

12.3.5. Australia Running Gears Market Outlook

12.3.5.1.     Market Size & Forecast

12.3.5.1.1.         By Value

12.3.5.2.     Market Share & Forecast

12.3.5.2.1.         By Senor Type

12.3.5.2.2.         By Products

12.3.5.2.3.         By Market Type

12.3.6. Indonesia Running Gears Market Outlook

12.3.6.1.     Market Size & Forecast

12.3.6.1.1.         By Value

12.3.6.2.     Market Share & Forecast

12.3.6.2.1.         By Senor Type

12.3.6.2.2.         By Products

12.3.6.2.3.         By Market Type

12.3.7. Vietnam Running Gears Market Outlook

12.3.7.1.     Market Size & Forecast

12.3.7.1.1.         By Value

12.3.7.2.     Market Share & Forecast

12.3.7.2.1.         By Senor Type

12.3.7.2.2.         By Products

12.3.7.2.3.         By Market Type

13. Market Dynamics

13.1.            Drivers

13.2.            Challenges

14. Market Trends and Developments

15. Company Profiles

15.1.            Nike, Inc.

15.1.1. Business Overview

15.1.2. Key Revenue and Financials  

15.1.3. Recent Developments

15.1.4. Key Personnel/Key Contact Person

15.1.5. Key Product/Services Offered

15.2.            Adidas AG

15.2.1. Business Overview

15.2.2. Key Revenue and Financials  

15.2.3. Recent Developments

15.2.4. Key Personnel/Key Contact Person

15.2.5. Key Product/Services Offered

15.3.            ASICS Corporation

15.3.1. Business Overview

15.3.2. Key Revenue and Financials  

15.3.3. Recent Developments

15.3.4. Key Personnel/Key Contact Person

15.3.5. Key Product/Services Offered

15.4.            New Balance Athletics, Inc.

15.4.1. Business Overview

15.4.2. Key Revenue and Financials  

15.4.3. Recent Developments

15.4.4. Key Personnel/Key Contact Person

15.4.5. Key Product/Services Offered

15.5.            Under Armour, Inc.

15.5.1. Business Overview

15.5.2. Key Revenue and Financials  

15.5.3. Recent Developments

15.5.4. Key Personnel/Key Contact Person

15.5.5. Key Product/Services Offered

15.6.            Puma SE

15.6.1. Business Overview

15.6.2. Key Revenue and Financials  

15.6.3. Recent Developments

15.6.4. Key Personnel/Key Contact Person

15.6.5. Key Product/Services Offered

15.7.            Brooks Sports, Inc.

15.7.1. Business Overview

15.7.2. Key Revenue and Financials  

15.7.3. Recent Developments

15.7.4. Key Personnel/Key Contact Person

15.7.5. Key Product/Services Offered

15.8.            Salomon S.A.

15.8.1. Business Overview

15.8.2. Key Revenue and Financials  

15.8.3. Recent Developments

15.8.4. Key Personnel/Key Contact Person

15.8.5. Key Product/Services Offered

15.9.            Skechers, Inc.

15.9.1. Business Overview

15.9.2. Key Revenue and Financials  

15.9.3. Recent Developments

15.9.4. Key Personnel/Key Contact Person

15.9.5. Key Product/Services Offered

15.10.         Fitbit, Inc.

15.10.1.              Business Overview

15.10.2.              Key Revenue and Financials  

15.10.3.              Recent Developments

15.10.4.              Key Personnel/Key Contact Person

15.10.5.              Key Product/Services Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Running Gears Market was USD 39.7 Billion in 2023.

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The dominant segment by Senor Type in the Global Running Gears Market in 2023 was 3-Axis Accelerometer Sensors. Fitness tracking and wearable devices' popularity among runners drives growth. 3-Axis Accelerometer Sensors provide accurate feedback for performance monitoring and adjusting training routines, detecting metrics like cadence and stride length.

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North America is the dominant region in the Global Running Gears Market. It has a large population of fitness enthusiasts, a strong sports and fitness industry, and the presence of major brands and manufacturers in the region.

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The major drivers for the Global Running Gears Market include the increasing adoption of fitness tracking devices, growing health and wellness consciousness, rising participation in running events, advancements in sensor technology, and the popularity of online platforms for purchasing running gears.

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Sakshi Bajaal

Business Consultant
Press Release

Running Gears Market is expected to register a CAGR of 6.8% during the forecast period.

Apr, 2024

The global running gear market is rising due to increasing health and fitness awareness and a growing trend towards active lifestyles in the forecast period 2025-2029.