South Korea Running Gears Market Size, Share, and COVID-19 Impact Analysis, By Sensor Type (Bio Impedance Technology Sensors, 3-Axis Accelerometer Sensors, Altitude Meter, Temperature Measurement Sensors, and Angular Velocity Sensors), By Products (Smart Fitness Tracker Gears, Latest Technologies Software, and Sports Footwear Equipment), and South Korea Running Gears Market Insights, Industry Trend, Forecasts to 2035
Industry: Semiconductors & ElectronicsSouth Korea Running Gears Market Insights Forecasts to 2035
- The South Korea Running Gears Market Size was Estimated at USD 1.02 Billion in 2024
- The Market Size is Expected to Grow at a CAGR of around 13.51% from 2025 to 2035
- The South Korea Running Gears Market Size is Expected to Reach USD 4.11 Billion by 2035
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According to a Research Report Published by Spherical Insights & Consulting, the South Korea Tablet Market Size is Anticipated to Reach USD 4.11 Billion by 2035, Growing at a CAGR of 13.51% from 2025 to 2035. Increasing demand for digital learning platforms, remote work adoption, and portable computing. Innovations in 5G connectivity, display technology, and AI-powered apps are improving user experience and propelling enterprise and consumer adoption in industries like retail, healthcare, and education.
Market Overview
The South Korea running gears market refers to the industry that includes goods and technologies that support running activities, such as comfort optimization, health monitoring, and performance enhancement, is known as the South Korean running gears market. Additionally, the industry is growing as a result of technological advancements in materials and design that improve the comfort and functionality of running gear. To make lightweight and breathable running shoes, well-known companies like ASICS and New Balance are utilizing innovative methods like 3D printing and moisture-wicking materials. There is a trend toward high-tech running gear, as evidenced by a report by the Korean Institute of Sports Science that found that about 70% of runners preferred equipment that enhances performance. As consumers look for equipment that optimizes their running experience, the market is expanding due to the push for innovative products. Further, there are many opportunities to investigate within this landscape. Technology advancements and their incorporation into fitness have given companies new chances to incorporate intelligent features into running gear, such as wearables that track particular performance metrics.
Report Coverage
This research report categorizes the market for the South Korea running gears market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea running gears market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea running gears market.
South Korea Running Gears Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 1.02 Billion |
Forecast Period: | 2024-2035 |
Forecast Period CAGR 2024-2035 : | 13.51% |
2035 Value Projection: | USD 4.11 Billion |
Historical Data for: | 2020-2023 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 150 |
Segments covered: | By Sensor Type, By Products and COVID-19 Impact Analysis. |
Companies covered:: | Nike Korea, Adidas Korea, New Balance Korea, FILA Korea, Descente Korea, and Others. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
The industry is expanding significantly as people's awareness of their health is growing. More than 60% of adults in South Korea between the ages of 20 and 49 actively engage in regular physical activities like jogging and running, according to a survey done by the Ministry of Health and Welfare. The demand for specialized running gear, such as shoes, clothing, and accessories, is rising as a result of the growing fitness trend. In an attempt to gain market share, well-known companies like Adidas and Nike are reacting to this trend by creating cutting-edge running apparel. Additionally, the South Korean government has launched physical health initiatives to encourage active lifestyles, which is expected to fuel the market expansion for running gear.
Restraining Factors
The market for running gear in South Korea is constrained by the high price of sophisticated equipment, seasonal variations in demand, and low awareness in rural areas. Furthermore, the growth of the premium segment and consumer price sensitivity are hampered by counterfeit goods and brand trust.
Market Segmentation
The South Korea running gears market share is classified into sensor type and products.
- The bio impedance technology segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea running gears market is segmented by sensor type into bio impedance technology sensors, 3-axis accelerometer sensors, altitude meter, temperature measurement sensors, and angular velocity sensors. Among these, the bio impedance technology segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Technology of Bio Impedance In this environment, sensors are essential because they enable users to measure body composition parameters like muscle and fat mass, which helps them make more informed dietary and exercise decisions.
- The smart fitness tracker gears segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea running gears market is segmented by products into smart fitness tracker gears, latest technologies software, and sports footwear equipment. Among these, the smart fitness tracker gears segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Health-conscious consumers seeking easy ways to track their fitness metrics have taken an interest in the smart fitness tracker market. The rise in running as a popular recreational activity is credited with contributing to South Korea's growing emphasis on health and wellness.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea running gears market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Nike Korea
- Adidas Korea
- New Balance Korea
- FILA Korea
- Descente Korea
- Others
Recent Developments:
- In February 2025, New Balance announced the extension of its partnership with Eland World through 2030 and revealed plans to launch a dedicated Korean subsidiary by January 2027. The brand recorded over KRW 1 trillion (USD 700 Million) in sales in South Korea in 2024, its highest ever in the country, underscoring Korea’s role as a key global market.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Running Gears Market based on the below-mentioned segments:
South Korea Running Gears Market, By Sensor Type
- Bio Impedance Technology Sensors
- 3-Axis Accelerometer Sensors
- Altitude Meter
- Temperature Measurement Sensors
- Angular Velocity Sensors
South Korea Running Gears Market, By Products
- Smart Fitness Tracker Gears
- Latest Technologies Software
- Sports Footwear Equipment
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