Market Overview:
The global exercise bicycle market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the health benefits of regular exercise, rising obesity rates, and growing demand for home fitness equipment. The upright exercise bicycle segment is expected to account for the majority share of the global exercise bicycle market in 2018, owing to its low cost and easy portability. However, the recumbent exercise bicycle segment is projected to grow at a higher CAGR during the forecast period as it offers greater comfort and lower stress on joints than upright bicycles. In terms of applications, gyms are expected to account for a major share of the global exercise bicycle market in 2018; however, households are projected to witness higher growth duringthe forecast period dueto their growing popularity among consumers as home fitness equipment.
Product Definition:
An exercise bicycle, also known as a stationary bicycle, is a type of exercise equipment used to simulate the cycling motion.
Upright Exercise Bicycle:
Upright exercise bicycle, it's usage and growth factor in Exercise Bicycle market? upright exercise bicycle, it's usage.
Exercise bicycles are used to perform exercises that help in improving body strength. The user pedals the bike while holding onto handrails with both feet for balance.
Recumbent Exercise Bicycle:
The recumbent exercise bicycle is a type of stationary bike that has a seat lower than the head, and the pedals are positioned below the body. It is called so because it reclines backward like a chair. The design allows for more comfort and ease of movement while doing any workout.
Application Insights:
The gym application segment led the global exercise bicycle market in 2017. The segment is projected to expand further at a steady CAGR over the forecast period. This can be attributed to increasing number of fitness centers and rising consumer preference for cardiovascular and strength training workouts, especially among women population. According to a study published by the American College of Sports Medicine, around 54% of female participants in U.S., workout at health clubs compared with only 40% of females who were members before 2010.
Households are also adopting cycling as an effective way to burn calories and lose weight fast while toning up muscles during cardio workout or resistance training routine performed on stationary bikes or recumbents riders for improving overall fitness level and endurance performance along with other benefits such as improved balance, coordination, agility & flexibility which is driving demand among consumers globally.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for technologically advanced products. The region is expected to witness a CAGR of XX% over the forecast period, which can be attributed to increasing health awareness and presence of well-established gyms across countries such as U.S., Canada, and Mexico. Moreover, companies are launching new products in order to cater fitness enthusiasts’ needs across this region; for instance, in January 2018, CycleOps launched brand new line of bikes that are designed specifically for women called Womens exercised bicycle range by CycleOps (U.S.).
Asia Pacific is anticipated to register significant growth over the forecast period due its large population base seeking solutions towards weight loss.
Growth Factors:
- Increasing awareness about the health benefits of exercise bicycles
- Rising disposable income of consumers, which enables them to invest in fitness equipment such as exercise bicycles
- Growing popularity of home-based workouts, which has led to an increase in demand for exercise bicycles
- Technological advancements that have made exercise bicycles more user-friendly and efficient
- The increasing number of health clubs and gyms that are offering exercise bicycle classes
Scope Of The Report
Report Attributes
Report Details
Report Title
Exercise Bicycle Market Research Report
By Type
Upright Exercise Bicycle, Recumbent Exercise Bicycle
By Application
Gym, Households, Others
By Companies
Brunswick, ICON Health & Fitness, Nautilus, Precor, Technogym, Bladez Fitness, Body-Solid, Ciclotte, Jerai Fitness, Johnson Health Tech, Brunswick
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Exercise Bicycle Market Report Segments:
The global Exercise Bicycle market is segmented on the basis of:
Types
Upright Exercise Bicycle, Recumbent Exercise Bicycle
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
Gym, Households, Others
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:
- Brunswick
- ICON Health & Fitness
- Nautilus
- Precor
- Technogym
- Bladez Fitness
- Body-Solid
- Ciclotte
- Jerai Fitness
- Johnson Health Tech
- Brunswick
Highlights of The Exercise Bicycle 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:
- Upright Exercise Bicycle
- Recumbent Exercise Bicycle
- By Application:
- Gym
- Households
- Others
- 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 Exercise Bicycle 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:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
The exercise bicycle is a stationary bike that helps you burn calories and tone your body.
Some of the key players operating in the exercise bicycle market are Brunswick, ICON Health & Fitness, Nautilus, Precor, Technogym, Bladez Fitness, Body-Solid, Ciclotte, Jerai Fitness, Johnson Health Tech, Brunswick.
The exercise bicycle market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Exercise Bicycle 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 Exercise Bicycle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Exercise Bicycle 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 Exercise Bicycle 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 Exercise Bicycle Market Size & Forecast, 2018-2028
4.5.1 Exercise Bicycle Market Size and Y-o-Y Growth
4.5.2 Exercise Bicycle Market Absolute $ Opportunity
Chapter 5 Global Exercise Bicycle 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 Exercise Bicycle Market Size Forecast by Type
5.2.1 Upright Exercise Bicycle
5.2.2 Recumbent Exercise Bicycle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Exercise Bicycle 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 Exercise Bicycle Market Size Forecast by Applications
6.2.1 Gym
6.2.2 Households
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Exercise Bicycle 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 Exercise Bicycle 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 Exercise Bicycle Analysis and Forecast
9.1 Introduction
9.2 North America Exercise Bicycle 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 Exercise Bicycle Market Size Forecast by Type
9.6.1 Upright Exercise Bicycle
9.6.2 Recumbent Exercise Bicycle
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 Exercise Bicycle Market Size Forecast by Applications
9.10.1 Gym
9.10.2 Households
9.10.3 Others
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 Exercise Bicycle Analysis and Forecast
10.1 Introduction
10.2 Europe Exercise Bicycle 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 Exercise Bicycle Market Size Forecast by Type
10.6.1 Upright Exercise Bicycle
10.6.2 Recumbent Exercise Bicycle
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 Exercise Bicycle Market Size Forecast by Applications
10.10.1 Gym
10.10.2 Households
10.10.3 Others
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 Exercise Bicycle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Exercise Bicycle 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 Exercise Bicycle Market Size Forecast by Type
11.6.1 Upright Exercise Bicycle
11.6.2 Recumbent Exercise Bicycle
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 Exercise Bicycle Market Size Forecast by Applications
11.10.1 Gym
11.10.2 Households
11.10.3 Others
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 Exercise Bicycle Analysis and Forecast
12.1 Introduction
12.2 Latin America Exercise Bicycle 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 Exercise Bicycle Market Size Forecast by Type
12.6.1 Upright Exercise Bicycle
12.6.2 Recumbent Exercise Bicycle
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 Exercise Bicycle Market Size Forecast by Applications
12.10.1 Gym
12.10.2 Households
12.10.3 Others
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) Exercise Bicycle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Exercise Bicycle 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) Exercise Bicycle Market Size Forecast by Type
13.6.1 Upright Exercise Bicycle
13.6.2 Recumbent Exercise Bicycle
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) Exercise Bicycle Market Size Forecast by Applications
13.10.1 Gym
13.10.2 Households
13.10.3 Others
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 Exercise Bicycle Market: Competitive Dashboard
14.2 Global Exercise Bicycle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Brunswick
14.3.2 ICON Health & Fitness
14.3.3 Nautilus
14.3.4 Precor
14.3.5 Technogym
14.3.6 Bladez Fitness
14.3.7 Body-Solid
14.3.8 Ciclotte
14.3.9 Jerai Fitness
14.3.10 Johnson Health Tech
14.3.11 Brunswick
