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Exercise Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Exercise Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global exercise bike market was worth US$ 492 Million in 2018. The market is further projected to reach around US$ 598 Million by 2024, exhibiting at a CAGR of 3.3% during 2019-2024. Exercise bike, also known as stationary cycle, is an immobile fitness machine which resembles an ordinary bike. It has various sub-parts which include a saddle, pedals, handlebars and foot straps. In comparison with other exercising equipment, an exercise bike offers a lower-impact workout which is apt for those who are suffering from lower back or joint issues. Moreover, it assists in improving the overall fitness of the body by reducing weight, and combating lifestyle diseases such as stress, diabetes and hypertension.

Global Exercise Bike Market Drivers:

On account of hectic work schedules, sedentary lifestyles and altering food preferences, consumers are relying more on fast-food items and ready-to-eat food products which are low in nutritional content and high in unhealthy fats. This has led to a rise in the cases of obesity as well as other chronic diseases. Increasing health consciousness among the global population has boosted the demand for exercise bikes as they provide isotonic exercise to the body and help in improving stamina, stimulating heart rate, and burning down the overall body fat.
Manufacturers are coming up with several innovations in exercise bikes so as to widen their consumer-base. Nowadays, an exercise bike allows the user to view a live stream video in the screen while cycling. Along with this, the manufacturers have recently introduced virtual reality exercise bikes which help in creating a completely different ambience for the users.
Other factors which are supporting the growth of the market include rising purchasing power, improving lifestyles, growing youth population as well as rising prevalence of diabetes and cardiac diseases.

Breakup by Product Type:

On the basis of product type, the market has been segmented into recumbent and upright exercise bikes. Presently, recumbent exercise bike accounts for the majority of the market share.

Breakup by End-Use:

Based on end-use, the report finds that home consumers currently represent the largest sector of exercise bike. The home consumers segment is followed by gym/health clubs and others.

Regional Insights:

On a geographical front, North America enjoys the leading position in the global exercise bike market on account of mounting cases of obesity and other diseases in the region. North America is followed by Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Competitive Landscape:

The market is fragmented in nature with the presence of several small as well as large manufacturers. Some of the key players operative in the market include:

Brunswick Corporation
Icon Health & Fitness, Inc.
Nautilus
Precor
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 industry 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 end-use sectors 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 is exercise bike manufactured?


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
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Upright Exercise Bike
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by End-User
7.1 Home Consumers
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Gyms/Health Clubs
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Europe
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Latin America
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Forecast
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 Figures
Figure 1: Global: Exercise Bike Market: Major Drivers and Challenges
Figure 2: Global: Exercise Bike Market: Sales Value (in Million US$), 2011-2018
Figure 3: Global: Exercise Bike Market: Breakup by Product Type (in %), 2018
Figure 4: Global: Exercise Bike Market: Breakup by End-User (in %), 2018
Figure 5: Global: Exercise Bike Market: Breakup by Region (in %), 2018
Figure 6: Global: Exercise Bike Market Forecast: Sales Value (in Million US$), 2019-2024
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$), 2011 & 2018
Figure 11: Global: Recumbent Exercise Bike Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 12: Global: Upright Exercise Bike Market: Sales Value (in Million US$), 2011 & 2018
Figure 13: Global: Upright Exercise Bike Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Exercise Bike (End-Use in Home Consumers) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Exercise Bike (End-Use in Home Consumers) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Exercise Bike (End-Use in Gyms/Health Clubs) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Exercise Bike (End-Use in Gyms/Health Clubs) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Exercise Bike (Other End-Users) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Exercise Bike (Other End-Users) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: North America: Exercise Bike Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: North America: Exercise Bike Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Europe: Exercise Bike Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Europe: Exercise Bike Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Asia Pacific: Exercise Bike Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Asia Pacific: Exercise Bike Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Latin America: Exercise Bike Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: Latin America: Exercise Bike Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Middle East and Africa: Exercise Bike Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Middle East and Africa: Exercise Bike Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Exercise Bike Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Exercise Bike Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Exercise Bike Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
Table 3: Global: Exercise Bike Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 4: Global: Exercise Bike Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 5: Exercise Bike Manufacturing: Raw Material Requirements
Table 6: Global: Exercise Bike Market: Competitive Structure
Table 7: Global: Exercise Bike Market: Key Players

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