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

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

  • December 2019
  • 87 pages
  • ID: 5834418
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The North America exercise bike market reached a value of US$ 224.4 Million in 2018. 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. Looking forward, the analyst expects the market to reach a value of US$ 270.3 Million by 2024, registering a CAGR of 3.2% during 2019-2024.

Report Scope:
North America Exercise Bike Market

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:
How has the North America exercise bike market performed so far and how will it perform in the coming years?
What are the key regions in the North America exercise bike market?
What is the breakup of the North America exercise bike market on the basis of product type?
What is the breakup of the North America exercise bike market on the basis of end-user?
What are the various stages in the value chain of the North America exercise bike industry?
What are the key driving factors and challenges in the North America exercise bike industry?
What is the structure of the North America exercise bike industry and who are the key players?
What is the degree of competition in the North America exercise bike industry?
What are the profit margins in the North America exercise bike industry?

Report Coverage:
Base Year Considered: 2018
Historical Data Coverage: 2013-2018
Market Forecast: 2019-2024
Currency: US$
Geography Covered: North America, United States and Canada
Segments Covered: Product Type and End-User.

Report Customization: Although the analyst has tried to cover everything in the North America exercise bike market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.

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