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North America Exercise Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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  • 125 Pages
  • September 2023
  • Region: North America
  • IMARC Group
  • ID: 5682384
The North America exercise bike market size reached US$ 309.5 Million in 2022. Looking forward, the publisher expects the market to reach US$ 423.8 Million by 2028, exhibiting a growth rate (CAGR) of 5.22% during 2023-2028.

Exercise bikes, also known as exercycle or stationary bikes, are cardiovascular equipment used for staying fit or losing weight. These easy-to-use bikes offer a low-impact aerobic workout, which is similar to riding a road or street bike. Moreover, they are simple to use than regular bikes or treadmills as they do not require much balance and coordination, thereby minimizing the chances of injury. Further, they are proven to be an ideal solution for people who have lower back and joint issues.

North America exercise bike market is currently being driven by several factors. The majority of the population in the region consumes processed food products, which exceed the recommended levels of sugar, sodium and saturated fats. This has led to a rise in the prevalence of obesity as well as other lifestyle diseases, such as stress, diabetes and hypertension. With an increase in the obesity rates, the exercise bike market is experiencing steady growth in the region. In addition to this, manufacturers are constantly incorporating advanced technologies in exercise bikes, such as live streaming and virtual reality, which is spurring their demand in North America. Moreover, exercise bikes are available in different forms, including upright exercise bikes and recumbent exercise bikes. This provides the consumers with multiple options to choose from according to their requirements and comfort.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the North America exercise bike market report, along with forecasts at the regional and country level from 2023-2028. The report has categorized the market based on product type and end-user.

Key Regions Analysed

  • United States
  • Canada
  • Analysis for Each Country

Market by Product Type

  • Recumbent Exercise Bike
  • Upright Exercise Bike

Market by End-User

  • Home Consumers
  • Gyms/Health Clubs
  • Others

Value Chain Analysis

  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
  • Competitive Structure
  • Key Player Profiles

Key Questions Answered in This Report

1. How big is the North America exercise bike market?
2. What is the expected growth rate of the North America exercise bike market during 2023-2028?
3. What are the key factors driving the North America exercise bike market?
4. What has been the impact of COVID-19 on the North America exercise bike market?
5. What is the breakup of the North America exercise bike market based on the product type?
6. What is the breakup of the North America exercise bike market based on the end-user?
7. What are the key regions in the North America exercise bike market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Exercise Bike Market
5.1 Market Performance
5.2 Market Breakup by Product Type
5.3 Market Breakup by End-User
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Exercise Bike Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Exercise Bike Market: Breakup by Product Type
7.1 Recumbent Exercise Bike
7.2 Upright Exercise Bike
8 North America Exercise Bike Market: Breakup by End-User
8.1 Home Consumers
8.2 Gyms/Health Clubs
8.3 Others
9 North America Exercise Bike Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Product Type
9.1.3 Market Breakup by End-User
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Product Type
9.2.3 Market Breakup by End-User
9.2.4 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Raw Material Procurement
11.3 Manufacturing
11.4 Marketing
11.5 Distribution
11.6 Export
11.7 End-Use
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players



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