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South America Turbo Trainers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Product Type and Distribution Channel

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    Report

  • 92 Pages
  • December 2022
  • The Insight Partners
  • ID: 5715206
UP TO OFF until Mar 15th 2023
The SAM turbo trainers market is expected to grow from US$ 12.69 million in 2022 to US$ 15.29 million by 2028. It is estimated to grow at a CAGR of 3.2% from 2022 to 2028.

Growing Popularity of Indoor Cycling

The rising incidence of cardiovascular diseases due to the lack of physical activity and changing lifestyles are encouraging people to opt for fitness activities. The COVID-19 pandemic further underlined the importance of health and fitness in the last two years. Sedentary work culture leads to many health ailments, and people are unable to join gyms and fitness clubs due to their busy schedules, which is driving the trend of home workouts such as indoor cycling. Regular cycling can increase cardiovascular fitness, enhance muscle strength and flexibility, improve joint mobility, decrease stress levels, correct posture, and coordination, strengthen bones, decrease body fat levels, prevent various diseases, and reduce anxiety and depression. Indoor cycling equipment may help users meet their daily physical activity requirements without stepping out of their homes. Turbo trainers can be used for indoor cycling; their features such as easy availability and cost-effectiveness, and the ability to put less strain on the spine and lower body make turbo trainers suitable equipment for indoor cycling. Thus, the growing popularity of indoor cycling is likely to provide notable growth opportunities for the turbo trainers market players in the coming years.

Market Overview

SAM Turbo Trainers Market Segmentation

The SAM turbo trainers market is segmented based on product type, distribution channel, and country.
  • Based on product type, the SAM turbo trainers market is bifurcated into regular trainers and smart trainers. The smart trainers segment held a larger market share in 2022.
  • Based on distribution channel, the SAM turbo trainers market is segmented into specialty stores, online retail, and others. The specialty stores segment held the largest market share in 2022.
  • Based on country, the SAM turbo trainers market has been categorized into Brazil, Argentina, and rest of SAM. Our regional analysis states that rest of SAM dominated the market share in 2022.
Elite;Garmin Ltd.; Jetblack Cycling; Kurt Manufacturing; Minoura Co. Ltd.; Nautilus, Inc.; Saris; Technogym SpA; Wahoo Fitness; and Wattbike Ltd. are the leading companies operating in the SAM turbo trainers market.
Frequently Asked Questions about the South American Turbo Trainers Market

What is the estimated value of the South American Turbo Trainers Market?

The South American Turbo Trainers Market was estimated to be valued at $12.69 Million in 2022.

What is the growth rate of the South American Turbo Trainers Market?

The growth rate of the South American Turbo Trainers Market is 3.2%, with an estimated value of $15.29 Million by 2028.

What is the forecasted size of the South American Turbo Trainers Market?

The South American Turbo Trainers Market is estimated to be worth $15.29 Million by 2028.

Who are the key companies in the South American Turbo Trainers Market?

Key companies in the South American Turbo Trainers Market include Elite, Garmin Ltd., Jetblack Cycling, Kurt Manufacturing, Minoura Co. Ltd., Nautilus, Inc., Saris, Technogym SpA and Wattbike Ltd..

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:

4. SAM Turbo Trainers Market Landscape
4.1 Market Overview
4.2 PEST Analysis: SAM Turbo Trainers Market
4.3 Expert Opinions

5. SAM Turbo Trainers Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rapidly Flourishing Fitness Industry
5.1.2 Increased Demand for Smart Turbo Trainers
5.2 Market Restraints
5.2.1 High Initial Investment Requirements and Maintenance Costs
5.3 Market Opportunities
5.3.1 Growing Popularity of Indoor Cycling
5.4 Future Trends
5.4.1 Wide Range of Technologically Advanced Turbo Trainer Systems
5.5 Impact Analysis of Drivers and Restraints

6. Turbo Trainers Market - SAM Analysis
6.1 SAM Turbo Trainers Market -Revenue and Forecast to 2028 (US$ Thousand)

7. SAM Turbo Trainers Market Analysis - By Product Type
7.1 Overview
7.2 SAM Turbo Trainers Market, By Product Type (2021 and 2028)
7.3 Regular Trainers
7.3.1 Overview
7.3.2 Regular Trainers: Turbo Trainers Market - Revenue and Forecast to 2028 (US$ Thousand)
7.4 Smart Trainers
7.4.1 Overview
7.4.2 Smart Trainers: Turbo Trainers Market - Revenue and Forecast to 2028 (US$ Thousand)

8. SAM Turbo Trainers Market Analysis - By Distribution Channel
8.1 Overview
8.2 SAM Turbo Trainers Market, By Distribution Channel (2021 and 2028)
8.3 Specialty Stores
8.3.1 Overview
8.3.2 Specialty Stores: Turbo Trainers Market - Revenue and Forecast to 2028 (US$ Thousand)
8.4 Online Retail
8.4.1 Overview
8.4.2 Online Retail: Turbo Trainers Market - Revenue and Forecast to 2028 (US$ Thousand)
8.5 Others
8.5.1 Overview
8.5.2 Others: Turbo Trainers Market - Revenue and Forecast to 2028 (US$ Thousand)

9. SAM Turbo Trainers Market- Country Analysis
9.1 Overview
9.1.1 SAM: Turbo Trainers Market, by Key Country
9.1.1.1 Brazil: Turbo Trainers Market- Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.1.1 Brazil: Turbo Trainers Market, By Product Type
9.1.1.1.2 Brazil: Turbo Trainers Market, by Distribution Channel
9.1.1.2 Argentina: Turbo Trainers Market- Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.2.1 Argentina: Turbo Trainers Market, By Product Type
9.1.1.2.2 Argentina: Turbo Trainers Market, by Distribution Channel
9.1.1.3 Rest of SAM: Turbo Trainers Market- Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.3.1 Rest of SAM: Turbo Trainers Market, By Product Type
9.1.1.3.2 Rest of SAM: Turbo Trainers Market, by Distribution Channel

10. Industry Landscape
10.1 Overview
10.2 Product launch

11. Company Profiles
11.1 Elite
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Garmin Ltd.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Kurt Manufacturing
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Minoura Co. Ltd.
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Nautilus, Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Saris
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Technogym SpA
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Wahoo Fitness
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Jetblack Cycling
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Wattbike Ltd.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments

12. Appendix
12.1 About the Publisher
12.2 Word Index

List of Tables
Table 1. SAM Turbo Trainers Market -Revenue and Forecast to 2028 (US$ Thousand)
Table 2. Brazil Turbo Trainers Market, By Product Type - Revenue and Forecast to 2028 (US$ Thousand)
Table 3. Brazil Turbo Trainers Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Thousand)
Table 4. Argentina Turbo Trainers Market, By Product Type - Revenue and Forecast to 2028 (US$ Thousand)
Table 5. Argentina Turbo Trainers Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Thousand)
Table 6. Rest of SAM Turbo Trainers Market, By Product Type - Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Rest of SAM Turbo Trainers Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Thousand)
Table 8. List of Abbreviation

List of Figures
Figure 1. SAM Turbo Trainers Market Segmentation
Figure 2. SAM Turbo Trainers Market Segmentation - By Country
Figure 3. SAM Turbo Trainers Market Overview
Figure 4. SAM Turbo Trainers Market, By Product Type
Figure 5. SAM Turbo Trainers Market, By Country
Figure 7. PEST Analysis: SAM Turbo Trainers Market
Figure 8. Expert Opinions
Figure 9. SAM Turbo Trainers Market Impact Analysis of Drivers and Restraints
Figure 10. SAM: Turbo Trainers Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 11. SAM Turbo Trainers Market Revenue Share, By Product Type (2021 and 2028)
Figure 12. SAM Regular Trainers: Turbo Trainers Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 13. SAM Smart Trainers: Turbo Trainers Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 14. SAM Turbo Trainers Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 15. SAM Specialty Stores: Turbo Trainers Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 16. SAM Online Retail: Turbo Trainers Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 17. SAM Others: Turbo Trainers Market - Revenue and Forecast To 2028 (US$ Thousand)
Figure 18. SAM: Turbo Trainers Market, by Key Country - Revenue (2021) (US$ ‘Thousand)
Figure 19. SAM: Turbo Trainers Market Revenue Share, by Key Country (2021 and 2028)
Figure 20. Brazil: Turbo Trainers Market- Revenue and Forecast to 2028 (US$ Thousand)
Figure 21. Argentina: Turbo Trainers Market- Revenue and Forecast to 2028 (US$ Thousand)
Figure 22. Rest of SAM: Turbo Trainers Market- Revenue and Forecast to 2028 (US$ Thousand)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Elite
  • Garmin Ltd.
  • Jetblack Cycling
  • Kurt Manufacturing
  • Minoura Co. Ltd.
  • Nautilus, Inc.
  • Saris
  • Technogym SpA
  • Wahoo Fitness
  • Wattbike Ltd.