Report cover image

Turbo Trainers Market Size - By Product Type, By Resistance Mechanism, By Interaction Type, By Price Range, By Usage, By Distribution Channel, Global Forecast 2023 - 2032

Publisher Global Market Insights
Published Nov 17, 2023
Length 300 Pages
SKU # GMI18399573

Description

Turbo Trainers Market Size - By Product Type, By Resistance Mechanism, By Interaction Type, By Price Range, By Usage, By Distribution Channel, Global Forecast 2023 - 2032


Turbo Trainers Market size is estimated to expand at over 5.8% CAGR from 2023-2032 driven by the growing community of cycling enthusiasts worldwide.

With more individuals embracing cycling for fitness, recreation, and competitive training, the demand for indoor cycling solutions like turbo trainers is rising. Turbo trainers have emerged as an essential tool for off-season and indoor cycling experiences as enthusiasts seek year-round training options. Several manufacturers are responding to this trend by developing advanced and feature-rich turbo trainers for catering to the evolving needs of the growing population of cycling enthusiasts worldwide, accelerating the industry expansion. For instance, in September 2023, Wahoo introduced the Kickr Move turbo trainer and the Kickr Bike Shift smart bike, with an opposing approach and new motion capabilities for creating a more natural ride experience and improving user comfort.

The overall industry is segmented into product type, resistance mechanism, price range, interaction type, usage, distribution channel, and region.

Based on product type, the wheel-on turbo trainers market is projected to gain significant traction at 5.4% CAGR from 2023-2032 owing to their simple setup and higher accessibility to both beginners and experienced riders. Given their ease of use and affordability, these turbo trainers are increasingly adopted by cycling enthusiasts. Additionally, the compatibility of wheel-on turbo trainers with various bike types is also enhancing their appeal. The surging popularity of virtual cycling platforms and the incessant need for affordable entry point for users seeking interactive indoor cycling experiences will boost the segment growth.

As per usage, the turbo trainers industry from the commercial segment generated considerable revenue in 2022 and is estimated to depict 4.9% growth rate between 2023 and 2032. The evolving fitness trends is spurring commercial establishments, such as gyms, fitness studios, and rehabilitation centers to increasingly incorporate turbo trainers into their facilities. Turbo trainers offer a versatile and efficient indoor cycling experience for catering to the demands of fitness enthusiasts and professionals alike. For instance, in September 2022, Zwift, an online fitness platform, introduced its turbo trainer, Zwift Hub for cyclists using indoor trainers. Furthermore, the growing emphasis on indoor cycling for fitness and training purposes is likely to foster the segment expansion.

Regionally, the Asia Pacific turbo trainers industry is set to experience 6.8% CAGR from 2023 to 2032. With the rising demand for indoor cycling and home fitness, consumers in China, India, and Japan are increasingly adopting turbo trainers. The growing awareness of health and wellness is resulting in the burgeoning fitness industry in the region. Additionally, the prevalence of cycling as a popular recreational activity is contributing to the uptake of turbo trainers for off-season training, augmenting the regional industry outlook.

Table of Contents

300 Pages
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Turbo Trainers market 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Product type trends
2.5 Resistance mechanism trends
2.6 Interaction type trends
2.7 Price range trends
2.8 Usage trends
2.9 Distribution channel trends
Chapter 3 Turbo Trainers Market Industry Insights
3.1 Impact of COVID-19
3.2 Industry ecosystem analysis
3.3 Technological overview
3.4 Key news and initiatives
3.4.1 Partnership/Collaboration
3.4.2 Merger/Acquisition
3.4.3 Investment
3.4.4 Product launch & innovation
3.5 Regulatory landscape
3.6 Impact forces
3.6.1 Growth drivers
3.6.2 Industry pitfalls & challenges
3.7 Consumer buying behavior analysis
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022
Chapter 5 Turbo Trainers Market Estimates & Forecast, By Product Type
5.1 Key trends, by product type
5.2 Direct drive turbo trainers
5.3 Wheel-on turbo trainers
Chapter 6 Turbo Trainers Market Estimates & Forecast, By Resistance Mechanism
6.1 Key trends, by resistance mechanism
6.2 Electronic
6.3 Fluid
6.4 Magnetic
Chapter 7 Turbo Trainers Market Estimates & Forecast, By Interaction Type
7.1 Smart
7.2 Standard
Chapter 8 Turbo Trainers Market Estimates & Forecast, By Price range
8.1 Key trends, by price range
8.2 Low (less than 200$)
8.3 Mid (200$-500$)
8.4 High (above 500$)
Chapter 9 Turbo Trainers Market Estimates & Forecast, By Usage
9.1 Key trends, by usage
9.2 Personal
9.3 Commercial
9.3.1 Gyms
9.3.2 Wellness centers
9.3.3 Others (Sports associations)
Chapter 10 Turbo Trainers Market Estimates & Forecast, By Distribution channel
10.1 Key trends, by distribution channel
10.2 Online channels
10.2.1 E-commerce
10.2.2 Company websites
10.3 Offline channels
10.3.1 Specialty Stores
10.3.2 Mega retails stores
10.3.3 Others (Individual stores, Departmental stores, etc.)
Chapter 11 Turbo Trainers Market Estimates & Forecast, By Region
11.1 Key trends, by region
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 Russia
11.4 Asia Pacific
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 South Korea
11.4.5 Australia
11.4.6 Malaysia
11.4.7 Indonesia
11.5 Latin America
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Argentina
11.6 MEA
11.6.1 GCC
11.6.2 South Africa
Chapter 12 Company Profiles
12.1 Bkool
12.2 BKOOL (Garmin)
12.3 CycleOps (Saris)
12.4 Cyclops (Saris)
12.5 Elite Srl
12.6 Feedback Sports
12.7 JetBlack Cycling
12.8 KICKR (Wahoo Fitness)
12.9 Kinetic by Kurt
12.10 Kurt Manufacturing
12.11 Minoura
12.12 Rock and Roll (Kinetic by Kurt)
12.13 Saris
12.14 Tacx (Garmin)
12.15 Wahoo Fitness

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us