Exercise Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

  • ID: 4514543
  • Report
  • Region: Global
  • 86 pages
  • IMARC Group
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Exercise bikes, also known as exercycles, are stationary fitness equipment which resemble an ordinary bicycle. They are extensively used for physical therapy to increase overall stamina and the strength of the lower body. The recurring cycling motion helps in exercising the muscles and burning fat. These bikes can be used by all level of exercisers whether beginners, intermediate or advanced. Exercise bikes also provide flexible options to increase or decrease the resistance offered by them according to the consumers’ requirement. The latest report, titled “Exercise Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global exercise bike market reached a value of US$ 476 Million in 2017.

Exercise bikes are not only popular as a piece of fitness equipment for cardiovascular exercises but are also used to combat lifestyle diseases such as diabetes, hypertension and stress. Owing to this, the increasing health awareness among the consumers is facilitating the growth of the market. The rising obesity rates are further anticipated to impel the demand for exercise bikes in the developed regions. Additionally, product innovations by manufacturers provide a positive thrust to the market growth. For instance, a bike allows the user to watch live stream videos on its screen while cycling in the studio. It also allows the user to cycle through different landscapes around the world through virtual reality. Moreover, due to surging income levels, consumers are ready to spend more on their fitness by using the equipment privately at their own residence. This practice is boosting the demand for exercise bikes around the globe. Owing to these factors, the market is expected to reach a value of US$ 585 Million by 2023, exhibiting a CAGR of 3.5% during 2018-2023.

The report has segmented the market on the basis of product type. Recumbent exercise bikes represent the most popular product type followed by upright exercise bikes and others such as indoor bikes, dual action stationary bikes, etc. The market is further analysed on the basis of applications covering home consumers, gyms/health clubs and others. Among these, the home consumers segment accounts for the largest share. Region-wise, North America represents the leading market, followed by Europe and Asia-Pacific. Other regions include Latin America, and Middle East and Africa. Some of the key players operating in the market include Brunswick Corporation, Icon Health & Fitness, Inc., Nautilus, Precor and Technogym.

This report provides a deep insight into the global exercise bike market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the exercise bike market in any manner.

Key Questions Answered in This Report:

How has the global exercise bike market performed so far and how will it perform in the coming years?
What are the key regions in the global exercise bike market?
Which are the popular product types in the global exercise bike market?
What are the major applications in the global exercise bike market?
What are the various stages in the value chain of the global exercise bike market?
What are the key driving factors and challenges in the global exercise bike market?
What is the structure of the global exercise bike market and who are the key players?
What is the degree of competition in the global exercise bike market?
How are exercise bike manufactured?
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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 Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by End-User
5.5 Market Breakup by Region
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.8.1 Overview
5.8.2 Research and Development
5.8.3 Raw Material Procurement
5.8.4 Manufacturing
5.8.5 Marketing
5.8.6 Distribution
5.8.7 End-Use
5.9 Porters Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes

6 Market Breakup by Product Type
6.1 Recumbent Exercise Bike
6.2 Upright Exercise Bike

7 Market Breakup by End-User
7.1 Home Consumers
7.2 Gyms/Health Clubs
7.3 Others

8 Market Breakup by Region
8.1 North America
8.2 Europe
8.3 Asia Pacific
8.4 Latin America
8.5 Middle East and Africa

9 Exercise Bike Manufacturing Process
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors

10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Brunswick Corporation
10.3.1.1 Company Overview
10.3.1.2 Description
10.3.1.3 Product Portfolio
10.3.1.4 Financials
10.3.1.5 SWOT Analysis
10.3.2 Icon Health & Fitness, Inc.
10.3.2.1 Company Overview
10.3.2.2 Description
10.3.2.3 Product Portfolio
10.3.2.4 Financials
10.3.2.5 SWOT Analysis
10.3.3 Nautilus
10.3.3.1 Company Overview
10.3.3.2 Description
10.3.3.3 Product Portfolio
10.3.3.4 Financials
10.3.3.5 SWOT Analysis
10.3.4 Precor
10.3.4.1 Company Overview
10.3.4.2 Description
10.3.4.3 Product Portfolio
10.3.4.4 Financials
10.3.4.5 SWOT Analysis
10.3.5 Technogym
10.3.5.1 Company Overview
10.3.5.2 Description
10.3.5.3 Product Portfolio
10.3.5.4 Financials
10.3.5.5 SWOT Analysis

List of Tables
Table 1: Global: Exercise Bike Market: Key Industry Highlights, 2017 and 2023
Table 2: Global: Exercise Bike Market Forecast: Breakup by Product Type (in Million US$), 2018-2023
Table 3: Global: Exercise Bike Market Forecast: Breakup by End-User (in Million US$), 2018-2023
Table 4: Global: Exercise Bike Market Forecast: Breakup by Region (in Million US$), 2018-2023
Table 5: Exercise Bike Manufacturing: Raw Material Requirements
Table 6: Global: Exercise Bike Market Structure
Table 7: Global: Exercise Bike Market: Key Players

List of Figures
Figure 1: Global: Exercise Bike Market: Major Drivers and Challenges
Figure 2: Global: Exercise Bike Market: Sales Value (in Million US$), 2010-2017
Figure 3: Global: Exercise Bike Market: Breakup by Product Type (in %), 2017
Figure 4: Global: Exercise Bike Market: Breakup by End-User (in %), 2017
Figure 5: Global: Exercise Bike Market: Breakup by Region (in %), 2017
Figure 6: Global: Exercise Bike Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 7: Global: Exercise Bike Industry: SWOT Analysis
Figure 8: Global: Exercise Bike Industry: Value Chain Analysis
Figure 9: Global: Exercise Bike Industry: Porter’s Five Forces Analysis
Figure 10: Global: Recumbent Exercise Bike Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 11: Global: Upright Exercise Bike Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 12: Global: Exercise Bike Market (Home Consumers): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 13: Global: Exercise Bike Market (Gyms/Health Clubs) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 14: Global: Exercise Bike Market (Other End-Users) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 15: North America: Exercise Bike Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 16: Europe: Exercise Bike Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 17: Asia Pacific: Exercise Bike Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 18: Latin America: Exercise Bike Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 19: Middle East and Africa: Exercise Bike Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 20: Exercise Bike Manufacturing: Process Flow
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