Global Exercise Bike Market, By Product (Recumbent Exercise Bikes, Upright Exercise Bikes, Others), Application (Home Consumers, Gyms/Health Clubs), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Exercise bike market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to grow at a CAGR of 13.30% in the above-mentioned forecast period. The rising number of fitness clubs, gyms and health centers drives the exercise bike market.
Exercise bike is also defined as stationary cycle. These bikes are immobile fitness machine, that resembles an ordinary bike and assistances in enhancing the fitness of the body by decreasing weight. These bikes have numerous applications such as home consumers, gyms/health clubs among others.
The rising number of diseases like diabetes, obesity, hypertension and stress, and the subsequent health awareness is the vital factor escalating the market growth, also civilizing lifestyles, rising purchasing power and hiking youth population are the major factors among others driving the exercise bike market. Moreover, technological advancements and modernization in the production of bikes will further create new opportunities for exercise bike market in the forecasted period of 2020-2027.
However, increase in the costs of fitness equipment is the vital factor among others which will obstruct the market growth, and will further challenge the growth of exercise bike market in the forecast period mentioned above.
This exercise bike market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on exercise bike market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Exercise Bike Market Scope and Market Size
Exercise bike market is segmented on the basis of product and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the exercise bike market is segmented into recumbent exercise bikes, upright exercise bikes and others.
- The exercise bike market is also segmented on the basis of application into home consumers, gyms and health clubs.
Global Exercise Bike Market Country Level Analysis
Exercise bike market is analysed and market size insights and trends are provided by country, product and application as referenced above.
The countries covered in the exercise bike market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the exercise bike market due to rising health awareness among the consumers and rising cases of obesity and other diseases in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Exercise Bike Market Share Analysis
Exercise bike market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to exercise bike market.
The major players covered in the exercise bike market report are Brunswick Corporation, Technogym, Icon Health & Fitness, Peloton, NautilusThink Inc, Precor Incorporated, Schwinn, Core Health & Fitness, LLC, Life Fitness., Horizon Fitness., Stamina Products, Inc., Fitness Factory, Body-Solid Inc., Ciclotte.com, JERAI FITNESS PVT. LTD, KETTLER and Johnson Health Tech among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Exercise Bike Market
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