...and dominating a market expected to be worth more than $15 billion by 2027
"Peloton's acquisition of Precor helps set foundations for both short- and long-term growth for the brand...As Peloton currently has capacity challenges to serve a huge increase in demand, the deal helps Peloton add a large footprint to be able to serve consumers."
Andre Artacho - Managing Director
Key Article Takeaways
Fitness equipment industry value is expected to reach $15.2 billion by 2027
People are opting for home gyms amidst the pandemic
Equipment manufacturers are adding high-tech products to their portfolios in an effort to stay relevant and appeal to potential partners