Market Overview:
The global indoor trainers 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 demand for smart trainers and classic trainers across different regions. Additionally, the growing popularity of online channels and offline channels for purchasing indoor trainers is also contributing to the growth of this market. Some of the major players operating in this market are Garmin Ltd., Nike, Inc., Peloton Interactive, Inc.
Product Definition:
A type of trainer designed to be used indoors, typically on a stationary bike or treadmill. Indoor trainers are important for athletes who want to train during the winter months or when bad weather prohibits them from going outside.
Smart Trainers:
Smart trainers are electronic devices that provide real-time tracking and information about the physical activities performed by athletes. They can track steps, calories burned, distance covered, time spent in different activity modes like swimming laps or cycling intervals. The smart trainers keep a record of all the data accumulated by sensors embedded into garments or accessories such as pedometers and heart rate monitors.
Classic Trainers:
The classic trainers are the most popular type of indoor trainers available in the market. It is also known as basic or vanilla training shoes and it has been around for quite some time. The first version of this shoe was launched in 1980 by a company named Nike, which is now known as Nike Inc. Since then, many companies have been trying to replicate its success by launching their own versions of these shoes but with slight modifications according to current trends and consumer preferences.
Application Insights:
The offline channels segment dominated the global market and accounted for more than 54.0% share of the overall revenue in 2017. Indoor trainers are widely used for cardiovascular training, calorie burning, strength training and fat loss. The online channels segment is expected to witness significant growth over the forecast period owing to easy access to a wide range of fitness equipment through smart devices such as tablets and smartphones that act as personal trainers. Moreover, rising demand from commercial gymnasiums and health clubs is anticipated to fuel product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position over the forecast period. This can be attributed to increasing health consciousness and fitness expenditure in countries, such as the U.S., Canada, and Mexico.
The European regional market captured a revenue share of more than 25% of global sales for indoor trainers in 2017 on account of high product adoption rates due to increased consumer spending capacity coupled with an increase in household incomes across several countries including Germany, U.K.
Growth Factors:
- Increasing demand for health and fitness awareness among people
- Rising disposable income of the population
- Proliferation of gyms and fitness centers across the globe
- Growing popularity of indoor cycling as a form of exercise
- Technological advancements in indoor trainers
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Trainers Market Research Report
By Type
Smart Trainers, Classic Trainers
By Application
Online Channels, Offline Channels
By Companies
CycleOps, Kurt Manufacturing, Minoura, Tacx, Wahoo Fitness, RacerMate, Elite, Schwinn, Sunlite, BKOOL, RAD Cycle, Technogym, Conquer, Blackburn Design
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Trainers Market Report Segments:
The global Indoor Trainers market is segmented on the basis of:
Types
Smart Trainers, Classic 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
Online Channels, Offline Channels
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
- Tacx
- Wahoo Fitness
- RacerMate
- Elite
- Schwinn
- Sunlite
- BKOOL
- RAD Cycle
- Technogym
- Conquer
- Blackburn Design
Highlights of The Indoor 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:
- Smart Trainers
- Classic Trainers
- By Application:
- Online Channels
- Offline Channels
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 trainers are a type of exercise equipment that are designed to help people lose weight or improve their fitness. They typically consist of a platform with several circles that rotate, and the user stands on the platform while using them to work out.
Some of the major players in the indoor trainers market are CycleOps, Kurt Manufacturing, Minoura, Tacx, Wahoo Fitness, RacerMate, Elite, Schwinn, Sunlite, BKOOL, RAD Cycle, Technogym, Conquer, Blackburn Design.
The indoor trainers 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 Indoor 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 Trainers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indoor 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 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 Trainers Market Size & Forecast, 2018-2028
4.5.1 Indoor Trainers Market Size and Y-o-Y Growth
4.5.2 Indoor Trainers Market Absolute $ Opportunity
Chapter 5 Global Indoor Trainers 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 Indoor Trainers Market Size Forecast by Type
5.2.1 Smart Trainers
5.2.2 Classic Trainers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Indoor Trainers 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 Indoor Trainers Market Size Forecast by Applications
6.2.1 Online Channels
6.2.2 Offline Channels
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor 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 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 Indoor Trainers Analysis and Forecast
9.1 Introduction
9.2 North America Indoor Trainers 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 Indoor Trainers Market Size Forecast by Type
9.6.1 Smart Trainers
9.6.2 Classic 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 Indoor Trainers Market Size Forecast by Applications
9.10.1 Online Channels
9.10.2 Offline Channels
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 Indoor Trainers Analysis and Forecast
10.1 Introduction
10.2 Europe Indoor Trainers 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 Indoor Trainers Market Size Forecast by Type
10.6.1 Smart Trainers
10.6.2 Classic 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 Indoor Trainers Market Size Forecast by Applications
10.10.1 Online Channels
10.10.2 Offline Channels
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 Indoor Trainers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Indoor Trainers 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 Indoor Trainers Market Size Forecast by Type
11.6.1 Smart Trainers
11.6.2 Classic 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 Indoor Trainers Market Size Forecast by Applications
11.10.1 Online Channels
11.10.2 Offline Channels
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 Indoor Trainers Analysis and Forecast
12.1 Introduction
12.2 Latin America Indoor Trainers 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 Indoor Trainers Market Size Forecast by Type
12.6.1 Smart Trainers
12.6.2 Classic 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 Indoor Trainers Market Size Forecast by Applications
12.10.1 Online Channels
12.10.2 Offline Channels
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) Indoor Trainers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Indoor Trainers 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) Indoor Trainers Market Size Forecast by Type
13.6.1 Smart Trainers
13.6.2 Classic 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) Indoor Trainers Market Size Forecast by Applications
13.10.1 Online Channels
13.10.2 Offline Channels
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 Trainers Market: Competitive Dashboard
14.2 Global Indoor 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 Tacx
14.3.5 Wahoo Fitness
14.3.6 RacerMate
14.3.7 Elite
14.3.8 Schwinn
14.3.9 Sunlite
14.3.10 BKOOL
14.3.11 RAD Cycle
14.3.12 Technogym
14.3.13 Conquer
14.3.14 Blackburn Design
