Dyaco

Name

Dyaco

Legal name

Dyaco International Inc.

Website

http://www.dyaco.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Fitness Equipment Manufacturing

NAICS

Sporting and Athletic Goods Manufacturing (339920), Sporting and Athletic Goods Manufacturing (33992)

SIC

Sporting & Athletic Goods, Nec (3949), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Fitness Equipment & Performance Accessories Retail (CRAMABAD)

akta.pro secondary industries

Cardio Equipment Retail (Treadmills, Bikes, Rowers, Ellipticals) (CRAMADAA), Fitness, Exercise & Gym Equipment Distribution (CRAOAJAG), Sporting Goods, Outdoor & Fitness DTC (CRAFACAJ)

Keywords

• Commercial fitness equipment
• Physical therapy equipment
• Cardiovascular exercise machines
• Strength training equipment
• E-bike manufacturing

Headquarters

HQ city

Taipei

HQ country

Taiwan

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Hardware Sales (Fitness Equipment): Dyaco designs, manufactures, and distributes fitness, physical therapy and sports equipment across owned brands (Spirit, Xterra, Cikada, Dyaco Medical) and licensed/partner brands (Sole, UFC, Johnny G). Revenue is generated through the sale of cardiovascular equipment, strength equipment, functional training, indoor cycling, combat/martial arts equipment, and e-bikes to commercial operators, medical/rehab facilities, and home users. The company listed on the Taipei emerging market exchange in 2011 (stock code 1598).
2. Licensing and Brand Royalties: Dyaco generates licensing revenue through global brand licensing agreements for UFC fitness equipment and through partnerships such as Johnny G (indoor cycling) and Xterra (home fitness). Dyaco holds the global license to manufacture and distribute UFC branded equipment for commercial and retail markets.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Dyaco designs, manufactures, and distributes fitness, physical therapy and sports equipment under owned brands (Spirit, Xterra, Cikada, Dyaco Medical) and licensed/partner brands (Sole, UFC, Johnny G, gym80). The portfolio spans cardiovascular equipment (treadmills, ellipticals, bikes, rowers, steppers), strength and functional training equipment, indoor cycling bikes, physical therapy and rehabilitation equipment, and electric bicycles, sold globally to commercial operators, medical/rehab facilities, and home consumers.

Differentiator

Problem solved

Functional benefit

Brands

• Spirit Fitness: Owned by Dyaco, Spirit Fitness manufactures cardiovascular equipment for the home, commercial and medical facilities with the goal of improving quality of life for everyone.
• Xterra
• Sole
• UFC
• Johnny G
• Dyaco Medical
• Cikada

Products and services

• Spirit Fitness Cardiovascular Equipment Spirit-branded cardiovascular equipment (treadmills, ellipticals, bikes, rowers, steppers) for home, commercial and medical facility use, manufactured by Dyaco. Includes the Spirit CRW900 Fluid Rower with patented twin-tank water resistance technology.
• Xterra Home Fitness Equipment Xterra-branded home fitness equipment manufactured to high standard with adventure-focused design philosophy, sold to individual home users via e-commerce and retail partners.
• Sole Fitness Cardiovascular Equipment Sole-branded high-quality cardiovascular equipment for home and light commercial environments, distributed internationally by Dyaco and recognized with multiple 'Best Buy' ratings from US professional review media.
• UFC Branded Fitness Equipment UFC-branded fitness equipment and accessories manufactured and distributed globally by Dyaco under license. Includes official UFC fight gloves, training mats, resistance bands, weight lifting belts, push-up bars, kettlebells, Olympic bars, free weights and speed bags for commercial and retail markets.
• Johnny G Spirit Bike (Indoor Cycling) Flagship premium indoor cycling bike manufactured by Dyaco's Spirit Fitness brand in partnership with fitness innovator Johnny G. Features multi-point touch sensitive electronic shifting, Bluetooth-enabled electronics, cockpit-style console, and electronically-controlled magnetic resistance system.
• Dyaco Medical Specialty Rehabilitation Equipment Specialty medical fitness and rehabilitation equipment developed by Dyaco Medical to improve quality of life and support independent living for patients in medical and rehabilitation facilities. Includes the Philips-branded specialty medical/rehabilitation line launched under a 2018/2021 global licensing agreement.
• Cikada E-Bikes Electric bicycles designed by Cikada (Cikada Technology) for visionary riders, focused on sustainable, high-quality urban mobility. Developed and manufactured by Dyaco's wholly-owned e-bike subsidiary with operations consolidated in 2025.
• gym80 Commercial Strength Equipment Commercial strength and fitness equipment from gym80, made available to Dyaco's global commercial customers through a 2018 strategic partnership between the two manufacturers.

Quantifiable outcome

• Global distribution in 86 countries through 130+ business partners
• +1 more outcomes

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• UFC (Ultimate Fighting Championship)coreOEM/ Whitelabel/ Licensing Partner · 1 July 2018Dyaco entered a multi-year global licensing agreement with UFC to develop, manufacture and distribute UFC branded fitness equipment. Dyaco will create products including official UFC fight gloves, training mats, resistance bands, weight lifting belts, push-up bars, kettlebells, Olympic bars, free weights, and speed bags available at UFC events, online, and via authorized retail partners worldwide.
• gym80coreStrategic or Co-development Partner · 15 May 2018Dyaco International announced a new global partnership agreement with gym80 to strengthen the commercial offering of both companies to the fitness and medical markets. Both are established world-class manufacturers remaining as independent entities with strong bases in Europe and Asia, forming a powerful partnership providing a comprehensive portfolio of brands and products.
• Philips (health technology brand)minorOEM/ Whitelabel/ Licensing Partner · 1 January 2018Dyaco announced a global licensing agreement with Philips to launch a new line of specialty medical and rehabilitation fitness equipment under the Philips brand, targeting medical and rehabilitation facility operators with equipment to improve scope of care.
• Johnny G (Johnny Goldberg)coreOEM/ Whitelabel/ Licensing Partner · 1 January 2016Through the Spirit Fitness brand, Dyaco partnered with fitness innovator Johnny G (inventor of indoor cycling) to manufacture premium indoor cycling solutions. The Johnny G Spirit Bike is developed to deliver the ultimate indoor cycling experience, combining classic craftsmanship knowledge with future-oriented technology.
• Sole FitnesscoreChannel Partner/ Reseller/ Distributor · 1 January 2010Dyaco signed an international distribution agreement with Sole Fitness, a brand providing high-quality cardiovascular equipment for the home and light commercial environments. SOLE Fitness has received numerous 'Best Buy' ratings from customers.
• XterraminorOEM/ Whitelabel/ Licensing Partner · 1 January 2009Brand license partnership with Xterra for home fitness equipment. Xterra products are manufactured to the highest standard with adventure-focused design philosophy. Dyaco acquired full brand rights for Xterra fitness in 2013.
• Spirit FitnesscoreOthers · 1 January 2008Dyaco acquired Spirit Fitness, a well-known fitness brand headquartered in Jonesboro, Arkansas. Spirit Fitness manufactures cardiovascular equipment for home, commercial and medical facilities with the goal of improving quality of life for everyone. Spirit is Dyaco's core cardio brand.
• Fubon Securities (Stock Transfer Agency)minorOthersFubon Securities Co., Ltd. serves as Dyaco's stock transfer agency, handling shareholder services and equity registration matters.

Scale indicators6 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Life Fitness: Global commercial fitness equipment manufacturer serving health clubs, hospitality, and corporate facilities with cardio, strength, and connected products. Directly comparable to Dyaco's commercial and medical portfolio across the same B2B operator channels.
• Technogym: Premium Italian manufacturer of cardio, strength, and connected fitness equipment sold to fitness clubs, hospitality, and home users globally. Comparable product breadth, B2B/B2C mix, and presence in the medical/wellness segment.
• Johnson Health Tech (Matrix Fitness): Taiwanese-origin manufacturer of commercial and home cardio and strength equipment under Matrix, Vision, and Horizon brands. Closely comparable to Dyaco in terms of product portfolio, manufacturing scale, and multi-brand distribution strategy.
• Icon Health & Fitness (NordicTrack / ProForm): Large home fitness equipment manufacturer known for treadmills, bikes, and connected fitness under NordicTrack and ProForm brands. Comparable to Dyaco's home-use Xterra, Spirit, and Sole product lines sold through retail and e-commerce.
• Nautilus Inc. Home fitness equipment maker behind Bowflex, Nautilus, and Schwinn brands, with retail and direct-to-consumer distribution. Comparable to Dyaco's home-use business in product categories, channels, and target consumers.
• TRUE Fitness: Manufacturer of commercial and light commercial cardio and strength equipment sold through dealers worldwide. Comparable mid-sized US/Taiwan-Asia competitor with similar product breadth and operator customer base.
• SportsArt: Commercial fitness equipment manufacturer with cardio, strength, and eco-friendly/green fitness lines sold to health clubs and hospitality. Comparable commercial focus and product overlap with Dyaco's Spirit commercial line.
• BH Group: Spanish-origin global manufacturer of fitness equipment (treadmills, bikes, ellipticals) and e-bikes. Directly comparable across both of Dyaco's core fitness and emerging Cikada e-bike businesses, with similar multi-brand distribution model.

Broad incumbents

• Peloton: Connected fitness platform combining equipment (Bike, Tread) with subscription content. Acquired Precor in 2020 to extend into commercial markets. Comparable as a competitor in home cardio (especially indoor cycling where Dyaco's Johnny G Spirit Bike competes) but with a much larger consumer brand and content moat.

Emerging players

• gym80: German manufacturer of strength training equipment and functional training solutions with a strong European commercial and medical/rehab presence. Strategic partner to Dyaco since 2018 and a direct comparable in the commercial/medical equipment segment.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/dyaco-international-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dyaco