Exercise bikes are a great option to increase stamina and are among the main fitness equipment in cardio fitness regimes. They are used by all level of exercisers, including beginners, intermediate, and advanced levels of users. Exercising bikes focus on strength training of the lower body, and the option to increase or decrease the resistance offered by the bike gives more flexibility to the user. The repeated cycling motion burns fat as well as exercises muscles. The constant contraction and expansion of muscles provide isotonic exercise.
The analysts forecast the global exercise bike market to grow at a CAGR of 3.66% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global exercise bike market for 2016-2020. For the purpose of arriving at market size, the study considers the worldwide sales of recumbent exercise bikes and upright exercise bikes in the market.
The market is divided into the following segments based on geography:
- North America
The report, Global Exercise Bike Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- ICON Health & Fitness
Other prominent vendors
- Asian Sports & Enterprises
- Bladez Fitness
- Jerai Fitness
- Johnson Health Tech
- Increasing healthcare costs
- Increasing competition from low-cost products
- Emergence of smart exercise bikes
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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- Geographical segmentation
- Vendor segmentation
- Common currency conversion rates
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Global fitness equipment market
- Global exercise bike market
- Five forces analysis
- Global exercise bike market segmentation by product
- Global recumbent exercise bike market
- Global upright exercise bike market
- Global Exercise bike market segmentation by end-user
- Global exercise bike market segmentation by geography
- Exercise bike market in North America
- Exercise bike market in Europe
- Exercise bike market in APAC
- Exercise bike market in ROW
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
- Competitive scenario
- Other prominent vendors
- ICON Health & Fitness
- List of abbreviations
List of Exhibits
Exhibit 01: Currency conversion chart
Exhibit 02: Product offerings
Exhibit 03: Global fitness equipment market 2015-2020 ($ billions)
Exhibit 04: Global exercise bike market 2015-2020 ($ millions)
Exhibit 05: Distribution of world population by age1950-2050
Exhibit 06: Five forces analysis
Exhibit 07: Global exercise bike market segmentation by product 2015
Exhibit 08: Global exercise bike market segmentation by product by 2020
Exhibit 09: Global exercise bike market segmentation by product 2015-2020
Exhibit 10: Global exercise bike market segmentation by product 2015-2020 ($ millions)
Exhibit 11: Global recumbent exercise bike market 2015-2020 ($ millions)
Exhibit 12: Global upright exercise bike market 2015-2020 ($ millions)
Exhibit 13: Global exercise bike market segmentation by end-user 2015
Exhibit 14: Global exercise bike market segmentation by geography 2015
Exhibit 15: Global exercise bike market segmentation by geography 2020
Exhibit 16: Global exercise bike market segmentation by geography 2015-2020
Exhibit 17: Global exercise bike market segmentation by geography 2015-2020 ($ millions)
Exhibit 18: Exercise bike market in North America 2015-2020 ($ millions)
Exhibit 19: Obesity rates in US 2014
Exhibit 20: Health club membership in US 2005-2014 (millions)
Exhibit 21: Number of health clubs in US 2005-2014
Exhibit 22: Exercise bike market in Europe 2015-2020 ($ millions)
Exhibit 23: Prevalence of obesity among adults (over 16) in UK 2005-2013 (%)
Exhibit 24: Exercise bike market in APAC 2015-2020 ($ millions)
Exhibit 25: Exercise bike market in ROW 2015-2020 ($ millions)
Exhibit 26: Per capita pharmaceutical expenditure across the world 2014 and 2019 ($)
Exhibit 27: Global GDP per capita in purchasing power parity (PPP) 2005-2014 ($ thousands)
Exhibit 28: Impact of drivers
Exhibit 29: Volatility in steel prices
Exhibit 30: Impact of drivers and challenges
The author of the report recognizes the following companies as the key players in the global exercise bike market: Brunswick, ICON Health & Fitness, Nautilus, Precor, and Technogym.
Other Prominent Vendors in the market are: Asian Sports & Enterprises, Bladez Fitness, Body-Solid, Ciclotte, Jerai Fitness, Johnson Health Tech, and Kettler.
Commenting on the report, an analyst from the research team said: “A trend which will propel market growth is the emergence of smart exercise bikes. Exercise bike manufacturers, with the help of advanced technologies, have mitigated the problem to an extent. For instance, Peloton has introduced a connected exercise bike, which is a smart bike that allows the user to bike in the comfort of their home. The user can watch live streams of a real indoor biking class on the screen while cycling.”
According to the report, a key growth driver is rising health costs. Obesity is one of the main concerns in developed economies. Many dieticians are emphasizing the importance of diet plans in countries like the US. However, a large portion of the population still has obesity. According to a government review, two-thirds of those who tried dieting regained weight within a year and 97% gained it back within five years. Obesity, being one of the main reasons of chronic diseases, is also increasing the healthcare costs in countries like the US, where the annual healthcare cost is estimated to be $147-$210 billion per year.
Further, the report states that one challenge that could restrict market growth is increased competition from low-cost products.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.