Dublin, Feb. 23, 2021 (GLOBE NEWSWIRE) — The “Exercise Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s providing.
The worldwide train bike market reached a price of US$ 597.5 Million in 2020. Train bike, also called stationary cycle, is an motionless health machine which resembles an odd bike. It has numerous sub-parts which embody a saddle, pedals, handlebars and foot straps. Compared with different exercising tools, an train bike gives a lower-impact exercise which is apt for individuals who are affected by decrease again or joint points. Furthermore, it assists in bettering the general health of the physique by lowering weight, and combating life-style ailments comparable to stress, diabetes and hypertension. Wanting ahead, the writer expects the worldwide train bike market to achieve a price of US$ 795.4 Million by 2026, exhibiting a CAGR of 4.76% throughout 2021-2026.
International Train Bike Market Drivers:
- On account of hectic work schedules, sedentary life and altering meals preferences, shoppers are relying extra on fast-food objects and ready-to-eat meals merchandise that are low in dietary content material and excessive in unhealthy fat. This has led to an increase within the instances of weight problems in addition to different persistent ailments. Rising well being consciousness among the many international inhabitants has boosted the demand for train bikes as they supply isotonic train to the physique and assist in bettering stamina, stimulating coronary heart price, and burning down the general physique fats.
- Producers are developing with a number of improvements in train bikes in order to widen their consumer-base. These days, an train bike permits the person to view a reside stream video within the display whereas biking. Together with this, the producers have lately launched digital actuality train bikes which assist in creating a totally completely different atmosphere for the customers.
- Different elements that are supporting the expansion of the market embody rising buying energy, bettering life, rising youth inhabitants in addition to rising prevalence of diabetes and cardiac ailments.
Breakup by Product Kind:
On the premise of product sort, the market has been segmented into recumbent and upright train bikes. Presently, recumbent train bike accounts for almost all of the market share.
Breakup by Finish-Consumer:
Primarily based on end-user, the report finds that house shoppers presently characterize the biggest sector of train bike. The house shoppers phase is adopted by health club/well being golf equipment and others.
On a geographical entrance, North America enjoys the main place within the international train bike market on account of mounting instances of weight problems and different ailments within the area. North America is adopted by Europe, Asia Pacific, Latin America, and the Center East and Africa.
The market is fragmented in nature with the presence of a number of small in addition to massive producers. Among the key gamers operative available in the market embody:
- Brunswick Company
- Icon Well being & Health, Inc.
This report supplies a deep perception into the worldwide train bike market protecting all its important features. This ranges from macro overview of the market to micro particulars of the business efficiency, current tendencies, key market drivers and challenges, SWOT evaluation, Porter’s 5 forces evaluation, worth chain evaluation, and many others. This report is a must-read for entrepreneurs, traders, researchers, consultants, enterprise strategists, and all those that have any form of stake or are planning to foray into the train bike business in any method.
Key Questions Answered in This Report
1. What was the worldwide train bike market dimension in 2020?
2. What would be the international train bike market outlook through the forecast interval (2021-2026)?
3. What are the worldwide train bike market drivers?
4. What are the main tendencies within the international train bike market?
5. What’s the impression of COVID-19 on the worldwide train bike market?
6. What’s the international train bike market breakup by product sort?
7. What’s the international train bike market breakup by finish use?
8. What are the main areas within the international train bike market?
Key Subjects Coated:
2 Scope and Methodology
2.1 Aims of the Examine
2.3 Knowledge Sources
2.3.1 Major Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Backside-Up Method
2.4.2 High-Down Method
2.5 Forecasting Methodology
3 Govt Abstract
4.2 Key Business Traits
5 International Train Bike Market
5.1 Market Overview
5.2 Market Efficiency
5.3 Impression of COVID-19
5.4 Market Breakup by Product Kind
5.5 Market Breakup by Finish-Consumer
5.6 Market Breakup by Area
5.7 Market Forecast
5.8 SWOT Evaluation
5.9 Worth Chain Evaluation
5.9.2 Analysis and Growth
5.9.3 Uncooked Materials Procurement
5.9.5 Advertising and marketing
5.10 Porters 5 Forces Evaluation
5.10.2 Bargaining Energy of Patrons
5.10.3 Bargaining Energy of Suppliers
5.10.4 Diploma of Competitors
5.10.5 Risk of New Entrants
5.10.6 Risk of Substitutes
6 Market Breakup by Product Kind
6.1 Recumbent Train Bike
6.1.1 Market Traits
6.1.2 Market Forecast
6.2 Upright Train Bike
6.2.1 Market Traits
6.2.2 Market Forecast
7 Market Breakup by Finish-Consumer
7.1 House Customers
7.1.1 Market Traits
7.1.2 Market Forecast
7.2 Gyms/Well being Golf equipment
7.2.1 Market Traits
7.2.2 Market Forecast
7.3.1 Market Traits
7.3.2 Market Forecast
8 Market Breakup by Area
8.1 North America
8.1.1 Market Traits
8.1.2 Market Forecast
8.2.1 Market Traits
8.2.2 Market Forecast
8.3 Asia Pacific
8.3.1 Market Traits
8.3.2 Market Forecast
8.4 Latin America
8.4.1 Market Traits
8.4.2 Market Forecast
8.5 Center East and Africa
8.5.1 Market Traits
8.5.2 Market Forecast
9 Train Bike Manufacturing Course of
9.1 Product Overview
9.2 Uncooked Materials Necessities
9.3 Manufacturing Course of
9.4 Key Success and Threat Elements
10 Aggressive Panorama
10.1 Market Construction
10.2 Key Gamers
10.3 Profiles of Key Gamers
10.3.1 Brunswick Company
10.3.1.1 Firm Overview
10.3.1.3 Product Portfolio
10.3.1.5 SWOT Evaluation
10.3.2 Icon Well being & Health, Inc.
10.3.2.1 Firm Overview
10.3.2.3 Product Portfolio
10.3.2.5 SWOT Evaluation
10.3.3.1 Firm Overview
10.3.3.3 Product Portfolio
10.3.3.5 SWOT Evaluation
10.3.4.1 Firm Overview
10.3.4.3 Product Portfolio
10.3.4.5 SWOT Evaluation
10.3.5.1 Firm Overview
10.3.5.3 Product Portfolio
10.3.5.5 SWOT Evaluation
For extra details about this report go to https://www.researchandmarkets.com/r/dxjsns
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