Market Overview:
The global indoor cycling bike 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. Magnetic resistance is the most popular type of resistance used in indoor cycling bikes, followed by felt pad resistance. Among applications, home segment dominates the global indoor cycling bike market followed by fitness club segment. North America dominates the global indoor cycling bike market with highest share in terms of revenue followed by Europe and Asia Pacific region respectively.
Product Definition:
An indoor cycling bike is a stationary bicycle designed for use in a cycling class or for home exercise. They are typically less expensive than other types of stationary bicycles and have become popular in recent years.
Magnetic Resistance:
Magnetic resistance is a type of exercise equipment that uses magnetic fields for generating resistance. The device usually consists of two metal plates connected by a wire, which creates an electric current in the circuit to generate the magnetic field. As a result, it provides an alternative means for muscle stimulation apart from using weights or pedaling.
The global indoor cycling bike market was valued at USD 2 billion in 2016.
Felt Pad Resistance:
Resistance felt pad is a type of workout equipment that simulates road biking or mountain biking feel. It’s resistance can be controlled by changing the position of the handlebars. The product is mainly used for indoor cycling, but it can also be used for outdoor cycling. Indoor cycling bike market size was valued at USD 2,37 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2022.
Application Insights:
The fitness club segment dominated the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to a rise in demand for indoor cycling bikes at gyms and sports clubs. Indoor cycling bikes provide an effective cardiovascular workout by simulating the conditions of road biking with resistance levels that are appropriate for maintaining cardiovascular fitness at a moderate level. As a result, this equipment is gaining popularity among health clubs and sports centers across various regions, which will positively impact industry growth over the coming years.
The home application segment accounted for more than 30% share of total revenue in 2017 due to increasing consumer preference towards indoor activities due to rising concerns regarding personal safety and security coupled with convenience factors such as time restrictions imposed by work or studies schedules have driven consumers towards purchasing these bicycles at homes, thereby driving growth over recent years.
Regional Analysis:
Europe dominated the global indoor cycling bike market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period. Europe has been witnessing a growing number of fitness clubs and health centers, which is anticipated to fuel product demand over the forecast period. Asia Pacific on account of rapid urbanization and increasing disposable income levels is expected to witness significant growth from 2018 to 2030.
Growth Factors:
- Increasing health awareness and the need for physical fitness: The global population is increasingly becoming health conscious. There is a growing demand for physical fitness, which has led to an increase in the popularity of indoor cycling bikes.
- Rising disposable income: A large section of the population has rising disposable incomes, which allows them to invest in products that promote better health such as indoor cycling bikes.
- Growing urbanization: Rapid urbanization is leading to increased demand for convenient modes of transportation such as indoor cycling bikes that can be used within the confines of a home or gymnasium.
- Advances in technology: Technological advances have made it possible to manufacture lighter and more durable indoor cycling bikes that are affordable for a wider range of consumers. This is helping to drive growth in the market for these products. 5) Increased focus on preventive healthcare: There is an increasing focus on preventive healthcare, which has led people to adopt healthy lifestyle habits such as using indoor cycling bikes regularly
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Cycling Bike Market Research Report
By Type
Magnetic Resistance, Felt Pad Resistance
By Application
Home, Fitness Club, Others
By Companies
Peleton, Brunswick Corporation, Nautilus, Precor, Mad Dogg Athletics, Paradigm Health?Wellness, Keiser Corporation, BH Fitness, Johnson Health, SOLE Treadmills, Sunny, IMPEX, Assault Fitness
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Cycling Bike Market Report Segments:
The global Indoor Cycling Bike market is segmented on the basis of:
Types
Magnetic Resistance, Felt Pad Resistance
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
Home, Fitness Club, 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:
- Peleton
- Brunswick Corporation
- Nautilus
- Precor
- Mad Dogg Athletics
- Paradigm Health?Wellness
- Keiser Corporation
- BH Fitness
- Johnson Health
- SOLE Treadmills
- Sunny
- IMPEX
- Assault Fitness
Highlights of The Indoor Cycling 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:
- Magnetic Resistance
- Felt Pad Resistance
- By Application:
- Home
- Fitness Club
- 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 Indoor Cycling 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.
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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?
An indoor cycling bike is a stationary bike that you can use at home to stay fit. Indoor cycling bikes have pedals and a saddle, so you can ride them like a regular bike. They usually have more features than regular bikes, such as computer displays that track your progress and music players that allow you to listen to music while you ride.
Some of the major companies in the indoor cycling bike market are Peleton, Brunswick Corporation, Nautilus, Precor, Mad Dogg Athletics, Paradigm Health?Wellness, Keiser Corporation, BH Fitness, Johnson Health, SOLE Treadmills, Sunny, IMPEX, Assault Fitness.
The indoor cycling bike market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Indoor Cycling Bike Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Indoor Cycling Bike Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Indoor Cycling Bike Market - Supply Chain
4.5. Global Indoor Cycling Bike Market Forecast
4.5.1. Indoor Cycling Bike Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Indoor Cycling Bike Market Size (000 Units) and Y-o-Y Growth
4.5.3. Indoor Cycling Bike Market Absolute $ Opportunity
5. Global Indoor Cycling Bike Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Indoor Cycling Bike Market Size and Volume Forecast by Type
5.3.1. Magnetic Resistance
5.3.2. Felt Pad Resistance
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Indoor Cycling Bike Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Indoor Cycling Bike Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Fitness Club
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Indoor Cycling Bike Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Indoor Cycling Bike Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Indoor Cycling Bike Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Indoor Cycling Bike Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Indoor Cycling Bike Demand Share Forecast, 2019-2026
9. North America Indoor Cycling Bike Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Indoor Cycling Bike Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Indoor Cycling Bike Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Fitness Club
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Indoor Cycling Bike Market Size and Volume Forecast by Type
9.7.1. Magnetic Resistance
9.7.2. Felt Pad Resistance
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Indoor Cycling Bike Demand Share Forecast, 2019-2026
10. Latin America Indoor Cycling Bike Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Indoor Cycling Bike Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Indoor Cycling Bike Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Fitness Club
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Indoor Cycling Bike Market Size and Volume Forecast by Type
10.7.1. Magnetic Resistance
10.7.2. Felt Pad Resistance
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Indoor Cycling Bike Demand Share Forecast, 2019-2026
11. Europe Indoor Cycling Bike Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Indoor Cycling Bike Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Indoor Cycling Bike Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Fitness Club
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Indoor Cycling Bike Market Size and Volume Forecast by Type
11.7.1. Magnetic Resistance
11.7.2. Felt Pad Resistance
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Indoor Cycling Bike Demand Share, 2019-2026
12. Asia Pacific Indoor Cycling Bike Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Indoor Cycling Bike Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Indoor Cycling Bike Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Fitness Club
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Indoor Cycling Bike Market Size and Volume Forecast by Type
12.7.1. Magnetic Resistance
12.7.2. Felt Pad Resistance
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Indoor Cycling Bike Demand Share, 2019-2026
13. Middle East & Africa Indoor Cycling Bike Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Indoor Cycling Bike Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Indoor Cycling Bike Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Fitness Club
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Indoor Cycling Bike Market Size and Volume Forecast by Type
13.7.1. Magnetic Resistance
13.7.2. Felt Pad Resistance
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Indoor Cycling Bike Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Indoor Cycling Bike Market: Market Share Analysis
14.2. Indoor Cycling Bike Distributors and Customers
14.3. Indoor Cycling Bike Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Peleton
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brunswick Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nautilus
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Precor
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mad Dogg Athletics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Paradigm Health?Wellness
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Keiser Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BH Fitness
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Johnson Health
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SOLE Treadmills
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sunny
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. IMPEX
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Assault Fitness
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
