Market Overview:
The global indoor cycling trainers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fitness and health awareness among people, rising disposable income, and growing number of health clubs and gyms. The global indoor cycling trainers market is segmented on the basis of type into friction cycling trainers, rollers cycling trainers, and direct-drive cycling trainers. The friction type trainer held a major share in the global indoor cycling trainer market in 2017 owing to its low cost as compared to other types of trainers available in the market. However, with technological advancements being made in this field on a regular basis, direct-drive type trainers are expected to witness high growth rates during the forecast period from 2018 to 2030. This can be attributed mainly due to their ability provide accurate power readings which is beneficial for both amateur as well as professional cyclists for training purposes. On the basis of application, daily fitness held a dominant share in 2017 owing large number of people preferring it over other applications such as competition training or rehabilitation purposes etc.
Product Definition:
An indoor cycling trainer is a device that allows cyclists to train indoors by simulating the experience of riding outdoors. Indoor cycling trainers come in two main varieties: wind trainers and magnetic trainers. Wind trainers work by using a fan to create resistance, while magnetic trainers use magnets to create resistance.
Friction Cycling Trainers:
Friction cycling trainers are used to create an indoor cycling environment without the need for a real road surface. The friction plates in these devices recreate the feel of riding a bicycle and allow users to perform various exercises including high knee action, high cadence pedaling, and low-speed resistance training. Friction cycling trainers can be used with hand-held or mounted sensors for monitoring power output as well as speed & cadence.
Rollers Cycling Trainers:
rollers cycling trainers are used indoor cycling trainers that have two or four wheels and a handlebar for steering the bike. The bikes are generally stationary but some models allow the rider to move them through programmed movements.
The global rollers cyclists' trainers market is driven by increasing health awareness, fitness consciousness among people and growing number of sports events globally.
Application Insights:
Competition training held the largest share of more than 60.0% in 2017. Indoor cycling has gained immense popularity as a fitness activity due to its cardiovascular and strength conditioning benefits. It is also used to improve endurance and stamina, which makes it popular among athletes as well as individuals who are looking for a cardio workout without exposing them selves to the elements such as wind, rain or snow outside. Daily fitness holds significant market share owing to rising demand for indoor cycling trainers from the geriatric population along with individuals suffering from joint problems or back pain. Moreover, increasing number of health clubs & studios is expected to fuel product demand over the forecast period. Other application segment includes weight loss programs and rehabilitation centers where indoor cyclists are used during physiotherapy sessions for strengthening muscles followed by patients who undergo physical therapy at these centers (as part of their rehabilitation).
Regional Analysis:
Europe dominated the global indoor cycling trainers market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing popularity of indoor training systems in countries, such as Germany and U.K. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising health consciousness among people and increasing disposable income of consumers in emerging economies, such as China and India. Moreover, government initiatives promoting sports activities are also driving regional demand for Indoor Cycle Trainers (ICT). For instance, Sports Authority of India (SAI) has planned a countrywide campaign from January 2018 for Swachh Bharat Abhiyan initiative which focuses on creating awareness about hygiene related issues across rural areas of India.
Growth Factors:
- Increasing health awareness and the need for preventive measures: The global population is increasingly becoming health conscious. This has led to a rise in demand for fitness equipment such as indoor cycling trainers.
- Growing popularity of endurance sports: There is a growing trend of people participating in endurance sports such as marathons and triathlons. This has resulted in an increase in demand for indoor cycling trainers, which help improve performance and stamina.
- Rising disposable income: A rise in disposable income has led to an increase in spending on luxury items, including fitness equipment like indoor cycling trainers.
- Technological advancements: With technological advancements, manufacturers are able to design better quality and more innovative indoor cycling trainers that appeal to consumers’ needs and preferences. This helps boost sales growth of the market segment overall . 5) Growing number of gyms & fitness centers: The increasing number of gyms & fitness centers across the globe is another key factor driving growth of the Indoor Cycling Trainers market
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Cycling Trainers Market Research Report
By Type
Friction Cycling Trainers, Rollers Cycling Trainers, Direct-Drive Cycling Trainers
By Application
Daily Fitness, Competition Training, Other
By Companies
CycleOps, Kurt Manufacturing, Minoura, Wahoo Fitness, Tacx, RacerMate, Elite, Technogym, Conquer, Blackburn Design, Schwinn, Sunlite, BKOOL, RAD Cycle
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Cycling Trainers Market Report Segments:
The global Indoor Cycling Trainers market is segmented on the basis of:
Types
Friction Cycling Trainers, Rollers Cycling Trainers, Direct-Drive Cycling Trainers
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
Daily Fitness, Competition Training, Other
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:
- CycleOps
- Kurt Manufacturing
- Minoura
- Wahoo Fitness
- Tacx
- RacerMate
- Elite
- Technogym
- Conquer
- Blackburn Design
- Schwinn
- Sunlite
- BKOOL
- RAD Cycle
Highlights of The Indoor Cycling Trainers 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:
- Friction Cycling Trainers
- Rollers Cycling Trainers
- Direct-Drive Cycling Trainers
- By Application:
- Daily Fitness
- Competition Training
- Other
- 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 Indoor Cycling Trainers 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.
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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?
Indoor cycling trainers are a type of stationary bike that is designed to help you stay active and fit. They typically have a number of features that make them more comfortable and efficient than traditional bikes, such as adjustable resistance levels and built-in speakers. Indoor cycling trainers can also be used to improve your cardiovascular health by helping you burn more calories.
Some of the major companies in the indoor cycling trainers market are CycleOps, Kurt Manufacturing, Minoura, Wahoo Fitness, Tacx, RacerMate, Elite, Technogym, Conquer, Blackburn Design, Schwinn, Sunlite, BKOOL, RAD Cycle.
The indoor cycling trainers 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 Indoor Cycling Trainers 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 Indoor Cycling Trainers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indoor Cycling Trainers 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 Indoor Cycling Trainers 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 Indoor Cycling Trainers Market Size & Forecast, 2020-2028
4.5.1 Indoor Cycling Trainers Market Size and Y-o-Y Growth
4.5.2 Indoor Cycling Trainers 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 Friction Cycling Trainers
5.2.2 Rollers Cycling Trainers
5.2.3 Direct-Drive Cycling Trainers
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 Daily Fitness
6.2.2 Competition Training
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor Cycling Trainers 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 Indoor Cycling Trainers 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 Friction Cycling Trainers
9.6.2 Rollers Cycling Trainers
9.6.3 Direct-Drive Cycling Trainers
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 Daily Fitness
9.10.2 Competition Training
9.10.3 Other
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 Friction Cycling Trainers
10.6.2 Rollers Cycling Trainers
10.6.3 Direct-Drive Cycling Trainers
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 Daily Fitness
10.10.2 Competition Training
10.10.3 Other
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 Friction Cycling Trainers
11.6.2 Rollers Cycling Trainers
11.6.3 Direct-Drive Cycling Trainers
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 Daily Fitness
11.10.2 Competition Training
11.10.3 Other
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 Friction Cycling Trainers
12.6.2 Rollers Cycling Trainers
12.6.3 Direct-Drive Cycling Trainers
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 Daily Fitness
12.10.2 Competition Training
12.10.3 Other
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 Friction Cycling Trainers
13.6.2 Rollers Cycling Trainers
13.6.3 Direct-Drive Cycling Trainers
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 Daily Fitness
13.10.2 Competition Training
13.10.3 Other
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 Indoor Cycling Trainers Market: Competitive Dashboard
14.2 Global Indoor Cycling Trainers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CycleOps
14.3.2 Kurt Manufacturing
14.3.3 Minoura
14.3.4 Wahoo Fitness
14.3.5 Tacx
14.3.6 RacerMate
14.3.7 Elite
14.3.8 Technogym
14.3.9 Conquer
14.3.10 Blackburn Design
14.3.11 Schwinn
14.3.12 Sunlite
14.3.13 BKOOL
14.3.14 RAD Cycle
