Market Overview:
The global stationary 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 cycling and rising demand for fitness equipment in gyms, schools, and hospitals. In terms of type, the upright exercise bikes segment is expected to lead the global stationary bicycle market during the forecast period owing to its low cost and easy installation as compared to recumbent exercise bikes. In terms of application, households are expected to account for a major share of the global stationary bicycle market during the forecast period owing to growing demand for home fitness equipment among consumers across regions. to increasing number of health clubs.
Product Definition:
A stationary bicycle is a type of exercise machine that allows the user to pedal while remaining in place. This type of bicycle is often used for cardiovascular exercise, as it can provide a workout for the entire body.
Recumbent Exercise Bikes:
Recumbent exercise bikes, also called stationary bicycles or electric bicycles, are a new addition to the fitness equipment market. They were initially designed for use by people who needed help in maintaining cardiovascular health but now find themselves fit enough to continue with their regular workout routine. The bike is equipped with a motor that provides assistance while riding thereby increasing the intensity of the exercise and burning more calories compared to an equivalent level of activity performed on a bicycle without any extra support.
Upright Exercise Bikes:
Upright exercise bikes and it's usage in stationary bicycle market. Stationary bicycles are also known as indoor or road bicycles, they have no moving parts and their design allows the rider to perform exercises such as riding, pedaling, and braking with no need for shifting the weight from side to side. The most common types of stationary bicycles have two wheels of equal size mounted on a fixed frame which can be used by both males and females.
Application Insights:
The household application segment dominated the global stationary bicycle market in 2017. Stationary bicycles are used at home for cardiovascular training, toning and strengthening muscles, improving balance and coordination. Additionally, they are used for weight loss by burning calories through cardio exercise. The rising popularity of indoor cycling as a way to lose weight is expected to drive the demand for stationary bicycles over the forecast period.
In addition to household applications, these bikes are also used at gyms or fitness centers where people can workout together with a group of friends or alone throughout the day without having to leave their workstation.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing health consciousness and rising adoption of fitness clubs. Asia Pacific stationery bicycle market is anticipated to grow at a lucrative rate over the forecast period owing to increasing awareness regarding health benefits associated with stationary exercise bikes, growing penetration of gyms and sports clubs, improving healthcare infrastructure, and rising disposable income of consumers. Moreover, countries such as China are investing heavily in cycling events such as Tour de France for promoting a healthy lifestyle among its population which will drive demand for stationary bicycles over the next eight years. Europe accounted for more than 25% share in 2017 due to high popularity of outdoor recreation activities along with presence of well-established bike path networks across almost every country including Belgium, Denmark, France Netherlands Russia Sweden).
Growth Factors:
- Increasing health awareness and the benefits of cycling: Cycling has been gaining immense popularity in the past few years, especially due to the growing awareness about its health benefits. This is expected to drive demand for stationary bicycles as well, as they offer a convenient way to cycle indoors.
- Rising disposable income and changing lifestyle trends: A growing number of people are now preferring active forms of recreation such as cycling, which requires minimal equipment investment. This is likely to boost demand for stationary bicycles in the coming years.
- Growing urbanization and increasing number of fitness enthusiasts: The trend of urbanization is leading more people to live in cities, where there is limited space for outdoor activities such as running or cycling. This presents a major opportunity for stationary bicycle manufacturers, as these bikes can be used indoors without taking up too much space. Additionally, an increasing number of people are becoming fitness enthusiasts and are looking for ways to stay fit even when they cannot go outdoors due to bad weather conditions or other reasons .This too will help fuel demand for stationary bicycles in the coming years .
- . Technological advancements: With technological advancements being made at a rapid pace ,manufacturers are now able make more sophisticated stationary bicycles that offer better features and functionality .This will help attract more consumers towards these products ,leadingto higher sales volumes over time .
Scope Of The Report
Report Attributes
Report Details
Report Title
Stationary Bicycle Market Research Report
By Type
Recumbent Exercise Bikes, Upright Exercise Bikes
By Application
Household, Gym, Schools, Hospitals, Others
By Companies
Amer Sports, Cybex, NordicTrack, Life Fitness, Precor, FreeMotion, Body-Solid, Horizon Fitness, LifeSpan, Nautilus, Amer Sports, SOLE, Stamina, Star Trac, Weslo, Life Fitness, BODYCRAFT
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Stationary Bicycle Market Report Segments:
The global Stationary Bicycle market is segmented on the basis of:
Types
Recumbent Exercise Bikes, Upright Exercise Bikes
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
Household, Gym, Schools, Hospitals, 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:
- Amer Sports
- Cybex
- NordicTrack
- Life Fitness
- Precor
- FreeMotion
- Body-Solid
- Horizon Fitness
- LifeSpan
- Nautilus
- Amer Sports
- SOLE
- Stamina
- Star Trac
- Weslo
- Life Fitness
- BODYCRAFT
Highlights of The Stationary 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:
- Recumbent Exercise Bikes
- Upright Exercise Bikes
- By Application:
- Household
- Gym
- Schools
- Hospitals
- 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 Stationary 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.
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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?
Stationary bicycles are bicycles that do not have pedals. They are typically ridden on a flat surface, such as a sidewalk or bike path.
Some of the major players in the stationary bicycle market are Amer Sports, Cybex, NordicTrack, Life Fitness, Precor, FreeMotion, Body-Solid, Horizon Fitness, LifeSpan, Nautilus, Amer Sports, SOLE, Stamina, Star Trac, Weslo, Life Fitness, BODYCRAFT.
The stationary bicycle 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 Stationary 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 Stationary Bicycle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stationary 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 Stationary 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 Stationary Bicycle Market Size & Forecast, 2018-2028
4.5.1 Stationary Bicycle Market Size and Y-o-Y Growth
4.5.2 Stationary Bicycle Market Absolute $ Opportunity
Chapter 5 Global Stationary 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 Stationary Bicycle Market Size Forecast by Type
5.2.1 Recumbent Exercise Bikes
5.2.2 Upright Exercise Bikes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stationary 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 Stationary Bicycle Market Size Forecast by Applications
6.2.1 Household
6.2.2 Gym
6.2.3 Schools
6.2.4 Hospitals
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stationary 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 Stationary 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 Stationary Bicycle Analysis and Forecast
9.1 Introduction
9.2 North America Stationary 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 Stationary Bicycle Market Size Forecast by Type
9.6.1 Recumbent Exercise Bikes
9.6.2 Upright Exercise Bikes
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 Stationary Bicycle Market Size Forecast by Applications
9.10.1 Household
9.10.2 Gym
9.10.3 Schools
9.10.4 Hospitals
9.10.5 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 Stationary Bicycle Analysis and Forecast
10.1 Introduction
10.2 Europe Stationary 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 Stationary Bicycle Market Size Forecast by Type
10.6.1 Recumbent Exercise Bikes
10.6.2 Upright Exercise Bikes
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 Stationary Bicycle Market Size Forecast by Applications
10.10.1 Household
10.10.2 Gym
10.10.3 Schools
10.10.4 Hospitals
10.10.5 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 Stationary Bicycle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stationary 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 Stationary Bicycle Market Size Forecast by Type
11.6.1 Recumbent Exercise Bikes
11.6.2 Upright Exercise Bikes
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 Stationary Bicycle Market Size Forecast by Applications
11.10.1 Household
11.10.2 Gym
11.10.3 Schools
11.10.4 Hospitals
11.10.5 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 Stationary Bicycle Analysis and Forecast
12.1 Introduction
12.2 Latin America Stationary 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 Stationary Bicycle Market Size Forecast by Type
12.6.1 Recumbent Exercise Bikes
12.6.2 Upright Exercise Bikes
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 Stationary Bicycle Market Size Forecast by Applications
12.10.1 Household
12.10.2 Gym
12.10.3 Schools
12.10.4 Hospitals
12.10.5 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) Stationary Bicycle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stationary 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) Stationary Bicycle Market Size Forecast by Type
13.6.1 Recumbent Exercise Bikes
13.6.2 Upright Exercise Bikes
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) Stationary Bicycle Market Size Forecast by Applications
13.10.1 Household
13.10.2 Gym
13.10.3 Schools
13.10.4 Hospitals
13.10.5 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 Stationary Bicycle Market: Competitive Dashboard
14.2 Global Stationary Bicycle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amer Sports
14.3.2 Cybex
14.3.3 NordicTrack
14.3.4 Life Fitness
14.3.5 Precor
14.3.6 FreeMotion
14.3.7 Body-Solid
14.3.8 Horizon Fitness
14.3.9 LifeSpan
14.3.10 Nautilus
14.3.11 Amer Sports
14.3.12 SOLE
14.3.13 Stamina
14.3.14 Star Trac
14.3.15 Weslo
14.3.16 Life Fitness
14.3.17 BODYCRAFT
