In 2021, the Exercise Bikes Market was worth $630.4 million. Looking ahead, the market is expected to reach US$863.5 million by 2027, growing at a CAGR of 5.4 percent between 2022 and 2027.
An exercise bike, also known as a stationary cycle, is a stationary fitness machine that looks like a regular bike. It is made up of several parts, including a saddle, pedals, handlebars, and foot straps. In comparison to other types of exercise equipment, an exercise bike provides a lower-impact workout that is ideal for people who have lower back or joint problems. Furthermore, it aids in improving overall body fitness by reducing weight and combating lifestyle diseases such as stress, diabetes, and hypertension.
The growing number of fitness clubs, health centres, and gyms is expected to drive demand for exercise bikes. Furthermore, rising disposable income and a constantly changing lifestyle are some of the factors propelling the exercise bike market. Other significant factors, such as rising consumer concern about health and rising demand from end-use industries, will accelerate market growth even further. Furthermore, an increase in the prevalence of obesity, diabetes, stress, and hypertension will benefit the market’s growth rate. Furthermore, increased e-commerce growth and a growing youth population will help to cushion the market’s growth rate.
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Key Players in the Global Exercise Bikes Market:
ICON Health & Fitness, Inc. (US)
Technogym S.p.A. (Italy)
Reebok International Ltd. (US)
Star Trac Health & Fitness, Inc. (US)
Cybex International, Inc. (US)
Total Gym Global Corp. (US)
Precor, Inc. (US)
Nautilus, Inc. (US)
Paramount Fitness Corp. (US)
Heart Rate Inc. (US)
Body Solid, Inc. (US)
Keys Fitness Products L.P. (US)
Johnson Health Tech Co., Ltd. (Taiwan)
Dyaco International Inc. (Taiwan)
PowerSport International Limited (UK)
Segmentation by Type:
Recumbent Exercise Bikes
Upright Exercise Bikes
Segmentation by Application:
Household
Fitness Center
Schools
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Exercise Bikes Market in these regions:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Some Points from Table of Content:
1 Exercise Bikes Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Exercise Bikes
1.3 Exercise Bikes Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Exercise Bikes Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Exercise Bikes
1.4.2 Applications of Exercise Bikes
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Exercise Bikes Industry Trends
1.5.2 Exercise Bikes Drivers
1.5.3 Exercise Bikes Market Challenges
1.5.4 Exercise Bikes Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Exercise Bikes Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Exercise Bikes Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Exercise Bikes Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Exercise Bikes
2.2.1 Major Players Manufacturing Base of Exercise Bikes in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Exercise Bikes Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Exercise Bikes
2.3.3 Labour Cost of Exercise Bikes
2.4 Market Channel Analysis of Exercise Bikes
2.5 Major Down Stream Customers by Application
Key Questions Answered in This Report
- What was the size of the global exercise bike market in 2021?
- What is the expected growth rate of the global exercise bike market during 2022-2027?
- What are the key factors driving the global exercise bike market?
- What has been the impact of COVID-19 on the global exercise bike market?
- What is the breakup of global exercise bike market based on the product type?
- What is the breakup of global exercise bike market based on the end-user?
- What are the key regions in the global exercise bike market?
- Who are the key players/companies in the global exercise bike market?
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