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.
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?
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 Preface3 Executive Summary13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Exercise Bike Market
6 North America Exercise Bike Market
7 North America Exercise Bike Market: Breakup by Product Type
8 North America Exercise Bike Market: Breakup by End-User
9 North America Exercise Bike Market: Breakup by Country
10 SWOT Analysis
11 Value Chain Analysis
12 Porter’s Five Forces Analysis
14 Competitive Landscape
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 125 |
| Published | September 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 309.5 Million |
| Forecasted Market Value ( USD | $ 423.8 Million |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | North America |
