Market Overview:
The global exercise bike market is segmented on the basis of type, application and region. The type segment is further divided into straight exercise bike, semi-recumbent exercise bike and magnetic exercise bike. The application segment is classified into commercial and home use. The regional segmentation includes North America, Latin America, Europe, Asia Pacific and Middle East & Africa. The global exercise bike market is expected to register a CAGR of 5.5% during the forecast period 2018-2030. In terms of value, the market is projected to reach USD 2 billion by 2030 end from USD 1 billion in 2018. Among different types of bikes available in the global market; straight bikes held major revenue share as compared to other types such as semi-recumbent or magnetic bikes during 2017 owing its low cost.
Product Definition:
An exercise bike is a stationary bicycle that can be used to pedal with your feet to create resistance and help you burn calories.
Straight Excercise Bike:
Straight excercise bike is also known as indoor cycling bicycle. It's a tool that helps in burning calories, strengthening bones and muscles, improving heart health along with reducing weight. In addition to this, it also helps in increasing the flexibility of spine and joints which further reduces the risk of osteoporosis at old age.
Semi-recumbent Excercise bike:
Semi-recumbent exercise bike or stationary bicycle is a low-impact cardiovascular exercise equipment that simulates the cycling motion with the help of pedals and seat. It has a handlebar for leverage, which can provide additional weight to the workout.
The semi-recumbent bikes are also known as recumbents because they have reclined seats like bicycles, which make it easier to pedal without putting stress on knee joints.
Application Insights:
The commercial application segment dominated the global market in 2017, accounting for more than 70.0% share of the total revenue. The segment is expected to witness significant growth over the forecast period owing to rising demand from various health clubs and sports institutes. Increasing number of fitness centers by corporate companies as a result of increasing awareness about healthy lifestyle is also likely to propel product demand in near future.
The home application segment accounted for a considerable share in 2017 and is projected to expand at a CAGR exceeding 7% over the forecast period due largely to growing penetration levels among working-class families looking for affordable products that can help them burn off calories faster while maintaining their positions at home throughout the day or night without having any need leave their seats.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing health consciousness and rising disposable income of consumers. Moreover, supportive government initiatives for promoting cycling as a healthy activity are expected to drive the regional market over the forecast period. China is projected to be one of the key countries driving demand in Asia Pacific region over the next eight years. Increasing popularity of road bicycle racing including criterium races and track bicycle racing including sprints is also anticipated to boost product sales in China.
North America accounted for a significant share due to high adoption rate of recumbent exercising equipment coupled with growing number fitness clubs & health centers, especially in U.S.
Growth Factors:
- Increasing awareness about the health benefits of exercise bikes
- Rising disposable income of consumers, which enables them to invest in fitness equipment
- Growing trend of staying fit and healthy among people across all age groups
- Availability of a wide variety of exercise bikes in different price ranges
- Increasing number of health clubs and gyms that offer exercise bike facilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Excercise Bike Market Research Report
By Type
Straight Excercise Bike, Semi-recumbent Excercise bike, Magnetic Excercise bike
By Application
Commercial, Home
By Companies
BH Fitness, BH Fitness - Exercycle S.L., Bluestream, Drax Inc., Greenfields Outdoor Fitness, Inter System, Johnson Fitness, Keiser, KLAFS, KOMPAN, Matrix, Multi-form, NOHRD, Panatta, PARIS Site Furnishings - Outdoor Fitness, Proludic, salter, Shandong Jing Ao Sports Equipment Co.,Ltd, SportsArt Fitness, TECHNOGYM, Telju Fitness, WaterRower France, WICKSTEED
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Excercise Bike Market Report Segments:
The global Excercise Bike market is segmented on the basis of:
Types
Straight Excercise Bike, Semi-recumbent Excercise bike, Magnetic Excercise bike
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Home
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BH Fitness
- BH Fitness - Exercycle S.L.
- Bluestream
- Drax Inc.
- Greenfields Outdoor Fitness
- Inter System
- Johnson Fitness
- Keiser
- KLAFS
- KOMPAN
- Matrix
- Multi-form
- NOHRD
- Panatta
- PARIS Site Furnishings - Outdoor Fitness
- Proludic
- salter
- Shandong Jing Ao Sports Equipment Co.,Ltd
- SportsArt Fitness
- TECHNOGYM
- Telju Fitness
- WaterRower France
- WICKSTEED
Highlights of The Excercise Bike Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Straight Excercise Bike
- Semi-recumbent Excercise bike
- Magnetic Excercise bike
- By Application:
- Commercial
- Home
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Excercise Bike Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Exercise bikes are a great way to get your heart rate up and burn calories. They come in all different shapes and sizes, so there is one that will fit your needs.
Some of the major companies in the excercise bike market are BH Fitness, BH Fitness - Exercycle S.L., Bluestream, Drax Inc., Greenfields Outdoor Fitness, Inter System, Johnson Fitness, Keiser, KLAFS, KOMPAN, Matrix, Multi-form, NOHRD, Panatta, PARIS Site Furnishings - Outdoor Fitness, Proludic, salter, Shandong Jing Ao Sports Equipment Co.,Ltd, SportsArt Fitness, TECHNOGYM, Telju Fitness, WaterRower France, WICKSTEED.
The excercise bike market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Excercise Bike Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Excercise Bike Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Excercise Bike Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Excercise Bike Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Excercise Bike Market Size & Forecast, 2020-2028
4.5.1 Excercise Bike Market Size and Y-o-Y Growth
4.5.2 Excercise Bike Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Straight Excercise Bike
5.2.2 Semi-recumbent Excercise bike
5.2.3 Magnetic Excercise bike
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Excercise Bike Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Excercise Bike Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Straight Excercise Bike
9.6.2 Semi-recumbent Excercise bike
9.6.3 Magnetic Excercise bike
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Home
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Straight Excercise Bike
10.6.2 Semi-recumbent Excercise bike
10.6.3 Magnetic Excercise bike
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Home
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Straight Excercise Bike
11.6.2 Semi-recumbent Excercise bike
11.6.3 Magnetic Excercise bike
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Home
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Straight Excercise Bike
12.6.2 Semi-recumbent Excercise bike
12.6.3 Magnetic Excercise bike
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Home
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Straight Excercise Bike
13.6.2 Semi-recumbent Excercise bike
13.6.3 Magnetic Excercise bike
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Home
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Excercise Bike Market: Competitive Dashboard
14.2 Global Excercise Bike Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BH Fitness
14.3.2 BH Fitness - Exercycle S.L.
14.3.3 Bluestream
14.3.4 Drax Inc.
14.3.5 Greenfields Outdoor Fitness
14.3.6 Inter System
14.3.7 Johnson Fitness
14.3.8 Keiser
14.3.9 KLAFS
14.3.10 KOMPAN
14.3.11 Matrix
14.3.12 Multi-form
14.3.13 NOHRD
14.3.14 Panatta
14.3.15 PARIS Site Furnishings - Outdoor Fitness
14.3.16 Proludic
14.3.17 salter
14.3.18 Shandong Jing Ao Sports Equipment Co.,Ltd
14.3.19 SportsArt Fitness
14.3.20 TECHNOGYM
14.3.21 Telju Fitness
14.3.22 WaterRower France
14.3.23 WICKSTEED
