Indoor Cycling Market Size, Trends and Insights By Product (Upright, Recumbent, Others), By End-user (Gyms and Clubs, Home, Others), By Distribution Channel (Offline, Online), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030


Report Code: CMI22246

Published Date: January 2023

Pages: 220+

Category: Consumer Goods

Report Snapshot

CAGR: 10%
1.5B
2021
1.7B
2022
2.8B
2023

Source: CMI

Study Period: 2022-2030
Fastest Growing Market: North America
Largest Market: Asia-Pacific

Major Players

  • Brunswick Corporation
  • Pelotons
  • Icon Health & Fitness, Inc.
  • Nautilus
  • Precor
  • NordicTrack
  • Others

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Reports Description

According to Custom Market Insights (CMI), The Global Indoor Cycling Market was estimated at USD 1.5 billion in 2021 and is anticipated to reach around USD 2.8 billion by 2030, growing at a CAGR of roughly 10% between 2022 and 2030. Our research report offers a 360-degree view of the Indoor Cycling market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Indoor Cycling Market.

  • A piece of exercise equipment that resembles a traditional bicycle is referred to as an “indoor cycling bike” or a “stationary cycle.” It is divided into several components, including a seat, pedals, handlebars, and foot straps. Compared to other exercise equipment, an exercise bike delivers a reduced-influence exercise suitable for persons dealing with joint or lower back problems. Additionally, it aids in improving overall health by assisting with weight loss and fighting lifestyle diseases, including pressure, diabetes, and hypertension.
  • The market for indoor cycling is projected to experience growth due to the increase in the number of health clubs, gyms, and fitness centers. The market for indoor cycling is also being driven by an increase in consumer disposable money and a continuing shift in lifestyle. The increased demand from end-use industries and other important reasons, including consumers’ growing health concerns, will speed up the market’s expansion. Increased prevalence of obesity, diabetes, stress, and hypertension will also have a beneficial effect on the market’s growth rate. Further reducing the market’s growth rate will be the expansion of e-commerce and the growing youth population. Additionally, the market for indoor cycling will experience rapid expansion because of growing fitness boutiques and gym chains that provide virtual training.
  • The COVID-19 epidemic had an effect on indoor cycling bike manufacture, which in turn had an influence on the market expansion. Due to the lockdown, retail establishments and gyms were also shuttered, which hampered the selling of home exercise bikes. The adoption of a healthy lifestyle, however, surged during the closure, and this was followed by a growth in awareness of the health dangers associated with using equipment at home, which raised the appeal of home exercise bikes. As a result, there is now more demand for the product, and the market is expected to grow after the epidemic.

Report Scope

The study’s focus is on Indoor Cycling Market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. In order to support the market projections and growth rates over the anticipated period of 2022-2030, the study additionally monitors important market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by product, end-user, distribution channel, and geography.

Feature of the Report Details
Market Size in 2021 USD 1.5 Billion
Projected Market Size in 2030 USD 2.8 Billion
Market Size in 2022 USD 1.7 Billion
CAGR Growth Rate 10% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players Brunswick Corporation, Pelotons, Icon Health & Fitness, Inc., Nautilus, Precor, NordicTrack, Techno gym, Proform, Schwinn, Star Trac, Soletreadsdotin, Life Fitness, Horizon Fitness, Marcypro, Stamina Products, Inc., True Fitness, Johnson Health Tech, Rogue Fitness, Core Health & Fitness, LLC, Cosco Sports Equipment, ShuHua Sports Co., Ltd., JERAI Fitness Pvt. Ltd, and Others
Key Segment By Product, End-user, Distribution Channel, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Key Market Dynamics

  • Consumers are increasingly consuming ready-to-eat meals and fast food with poor nutrient value due to long work hours, sedentary lifestyles, and changing dietary tastes. The prevalence of obesity and other chronic disorders has increased as a result. These elements are fueling the market’s desire for exercise bikes.
  • Indoor cycling bikes give the body isotonic training, which contributes to increased cardiovascular fitness, increased heart rate, and the burning of all body fat. These elements are fueling the market expansion for indoor cycling bikes.
  • To increase their user base, these bike producers are introducing several advances to the market for exercise bikes. Users can now watch live-streaming videos while exercising on exercise bikes. Additionally, producers are releasing virtual reality workout bikes that allow users to experience cycling in a variety of diverse environments, including the Amazon jungle, the desert, etc. The demand for indoor cycling bikes is rising quickly as a result of these causes.
  • Other reasons influencing the market’s expansion include improved lifestyles, a growing youth population, higher rates of diabetes and heart disease, and rising purchasing power.
  • The global population’s rising health consciousness is further boosting the demand for indoor cycling bikes. They help the body perform isometric movements, increase endurance, and aid in the burning of all body fat. Due to their busy job and study schedules, millennials nowadays are becoming obese and lack time to work out. They prefer using exercise bikes at home to work out. Throughout the projected period, it is anticipated that this aspect will fuel the product’s demand.
  • Through the course of the projected period, it is anticipated that rising disposable income and rising consumer living standards, along with the popularity of exercise, would further fuel market expansion.
  • The market for exercise bikes is expanding as a result of the linked gym trend, which is on the rise, and the rising number of sports fans, fitness shops, gyms, and health clubs that are investing in refurbishment and expansion.
  • Indoor cycling market growth is challenged by the rising cost of fitness equipment, which is a key factor impeding market expansion. This difficulty is projected to persist during the forecast period.

Global Indoor Cycling Market 2022–2030 (By Billion)

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North American Region Led the Indoor Cycling Market

  • It is expected that North America will continue to hold the dominant position in the global indoor cycling market. This can be attributed to the rising prevalence of obesity and other disorders in this region. The focus on consumers changing to a healthier lifestyle and rising disposable income will also help to accelerate the market’s growth rate in North America.
  • Throughout the projected period, the United States is anticipated to rise at a noteworthy growth rate and hold the largest share. The rise in popularity of physical activities that promote physical wellness, help people control their weight, increase muscular strength and endurance, and raise knowledge of health and fitness are all factors contributing to this region’s growth.
  • Because of the high level of health and fitness awareness in this region, Asia Pacific may also experience increased growth. Additionally, the expansion of production capacity can boost growth in the market for indoor riding bikes on a global scale.

Competitive Landscape

The top competitors in the indoor cycling market are putting a lot of effort into rigorous research and development in order to create innovative designs that will be advantageous to users in a variety of ways. The fitness industry’s technical improvements have boosted the market for indoor cycling bikes’ growth potential. Due to the broad audience that businesses target with their social media campaigns; social media is the main factor influencing the promotion of products. Therefore, the major producers are increasing production rates to keep up with the escalating demand for indoor riding cycles.

  • 2022: In the United States, DETS FITNESS Inc. has introduced the DETS BIKE G1, a foldable indoor bike that enables you to work out while playing an online-exclusive mobile game.
  • 2022: Fiit, an interactive fitness platform, has introduced new indoor and outdoor cycling exercises. The business also revealed its partnership with indoor cycling manufacturer Keiser, resulting in the launch of its first connected, performance-based indoor cycling workouts.

Global Indoor Cycling Market 2022–2030 (By End-User)

www.custommarketinsight.com

The global Indoor Cycling market is segmented as follows:

By Product

  • Upright
  • Recumbent
  • Others

By End-user

  • Gyms and Clubs
  • Home
  • Others

By Distribution Channel

  • Offline
  • Online

Global Indoor Cycling Market 2022–2030 (By Distribution Channel)

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By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Indoor Cycling Market, (2022 – 2030) (USD Billion)
    • 2.2 Global Indoor Cycling Market : snapshot
  • Chapter 3. Global Indoor Cycling Market – Industry Analysis
    • 3.1 Indoor Cycling Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Rising health consciousness among people worldwide
      • 3.2.2 Purchasing power
      • 3.2.3 Improved lifestyles
      • 3.2.4 A growing youth population
      • 3.2.5 Increase in the prevalence of diabetes and cardiovascular disease.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product
      • 3.7.2 Market attractiveness analysis By End-user
      • 3.7.3 Market attractiveness analysis By Distribution Channel
  • Chapter 4. Global Indoor Cycling Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Indoor Cycling Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Indoor Cycling Market – Product Analysis
    • 5.1 Global Indoor Cycling Market overview: By Product
      • 5.1.1 Global Indoor Cycling Market share, By Product, 2021 and 2030
    • 5.2 Upright
      • 5.2.1 Global Indoor Cycling Market by Upright, 2022 – 2030 (USD Billion)
    • 5.3 Recumbent
      • 5.3.1 Global Indoor Cycling Market by Recumbent, 2022 – 2030 (USD Billion)
    • 5.4 Others
      • 5.4.1 Global Indoor Cycling Market by Others, 2022 – 2030 (USD Billion)
  • Chapter 6. Global Indoor Cycling Market – End-user Analysis
    • 6.1 Global Indoor Cycling Market overview: By End-user
      • 6.1.1 Global Indoor Cycling Market share, By End-user, 2021 and 2030
    • 6.2 Gyms and Clubs
      • 6.2.1 Global Indoor Cycling Market by Gyms and Clubs, 2022 – 2030 (USD Billion)
    • 6.3 Home
      • 6.3.1 Global Indoor Cycling Market by Home, 2022 – 2030 (USD Billion)
    • 6.4 Others
      • 6.4.1 Global Indoor Cycling Market by Others, 2022 – 2030 (USD Billion)
  • Chapter 7. Global Indoor Cycling Market – Distribution Channel Analysis
    • 7.1 Global Indoor Cycling Market overview: By Distribution Channel
      • 7.1.1 Global Indoor Cycling Market share, By Distribution Channel, 2021 and 2030
    • 7.2 Offline
      • 7.2.1 Global Indoor Cycling Market by Offline, 2022 – 2030 (USD Billion)
    • 7.3 Online
      • 7.3.1 Global Indoor Cycling Market by Online, 2022 – 2030 (USD Billion)
  • Chapter 8. Indoor Cycling Market – Regional Analysis
    • 8.1 Global Indoor Cycling Market Regional Overview
    • 8.2 Global Indoor Cycling Market Share, by Region, 2021 & 2030 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Indoor Cycling Market, 2022 – 2030 (USD Billion)
        • 8.3.1.1 North America Indoor Cycling Market, by Country, 2022 – 2030 (USD Billion)
    • 8.4 North America Indoor Cycling Market, by Product, 2022 – 2030
      • 8.4.1 North America Indoor Cycling Market, by Product, 2022 – 2030 (USD Billion)
    • 8.5 North America Indoor Cycling Market, by End-user, 2022 – 2030
      • 8.5.1 North America Indoor Cycling Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.6 North America Indoor Cycling Market, by Distribution Channel, 2022 – 2030
      • 8.6.1 North America Indoor Cycling Market, by Distribution Channel, 2022 – 2030 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Indoor Cycling Market, 2022 – 2030 (USD Billion)
        • 8.7.1.1 Europe Indoor Cycling Market, by Country, 2022 – 2030 (USD Billion)
    • 8.8 Europe Indoor Cycling Market, by Product, 2022 – 2030
      • 8.8.1 Europe Indoor Cycling Market, by Product, 2022 – 2030 (USD Billion)
    • 8.9 Europe Indoor Cycling Market, by End-user, 2022 – 2030
      • 8.9.1 Europe Indoor Cycling Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.10 Europe Indoor Cycling Market, by Distribution Channel, 2022 – 2030
      • 8.10.1 Europe Indoor Cycling Market, by Distribution Channel, 2022 – 2030 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Indoor Cycling Market, 2022 – 2030 (USD Billion)
        • 8.11.1.1 Asia Pacific Indoor Cycling Market, by Country, 2022 – 2030 (USD Billion)
    • 8.12 Asia Pacific Indoor Cycling Market, by Product, 2022 – 2030
      • 8.12.1 Asia Pacific Indoor Cycling Market, by Product, 2022 – 2030 (USD Billion)
    • 8.13 Asia Pacific Indoor Cycling Market, by End-user, 2022 – 2030
      • 8.13.1 Asia Pacific Indoor Cycling Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.14 Asia Pacific Indoor Cycling Market, by Distribution Channel, 2022 – 2030
      • 8.14.1 Asia Pacific Indoor Cycling Market, by Distribution Channel, 2022 – 2030 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Indoor Cycling Market, 2022 – 2030 (USD Billion)
        • 8.15.1.1 Latin America Indoor Cycling Market, by Country, 2022 – 2030 (USD Billion)
    • 8.16 Latin America Indoor Cycling Market, by Product, 2022 – 2030
      • 8.16.1 Latin America Indoor Cycling Market, by Product, 2022 – 2030 (USD Billion)
    • 8.17 Latin America Indoor Cycling Market, by End-user, 2022 – 2030
      • 8.17.1 Latin America Indoor Cycling Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.18 Latin America Indoor Cycling Market, by Distribution Channel, 2022 – 2030
      • 8.18.1 Latin America Indoor Cycling Market, by Distribution Channel, 2022 – 2030 (USD Billion)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Indoor Cycling Market, 2022 – 2030 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Indoor Cycling Market, by Country, 2022 – 2030 (USD Billion)
    • 8.20 The Middle-East and Africa Indoor Cycling Market, by Product, 2022 – 2030
      • 8.20.1 The Middle-East and Africa Indoor Cycling Market, by Product, 2022 – 2030 (USD Billion)
    • 8.21 The Middle-East and Africa Indoor Cycling Market, by End-user, 2022 – 2030
      • 8.21.1 The Middle-East and Africa Indoor Cycling Market, by End-user, 2022 – 2030 (USD Billion)
    • 8.22 The Middle-East and Africa Indoor Cycling Market, by Distribution Channel, 2022 – 2030
      • 8.22.1 The Middle-East and Africa Indoor Cycling Market, by Distribution Channel, 2022 – 2030 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Brunswick Corporation
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Pelotons
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Icon Health & Fitness
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 JERAI Fitness Pvt. Ltd.
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Nautilus
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Precor
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 NordicTrack
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Techno gym
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Proform
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Schwinn
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Star Trac
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Soletreadsdotin
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Life Fitness
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 Horizon Fitness
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Marcypro
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 Stamina Products
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments
    • 9.17 ShuHua Sports Co
      • 9.17.1 Overview
      • 9.17.2 Financials
      • 9.17.3 Product Portfolio
      • 9.17.4 Business Strategy
      • 9.17.5 Recent Developments
    • 9.18 True Fitness
      • 9.18.1 Overview
      • 9.18.2 Financials
      • 9.18.3 Product Portfolio
      • 9.18.4 Business Strategy
      • 9.18.5 Recent Developments
    • 9.19 Johnson Health Tech
      • 9.19.1 Overview
      • 9.19.2 Financials
      • 9.19.3 Product Portfolio
      • 9.19.4 Business Strategy
      • 9.19.5 Recent Developments
    • 9.20 Rogue Fitness
      • 9.20.1 Overview
      • 9.20.2 Financials
      • 9.20.3 Product Portfolio
      • 9.20.4 Business Strategy
      • 9.20.5 Recent Developments
    • 9.21 Core Health & Fitness
      • 9.21.1 Overview
      • 9.21.2 Financials
      • 9.21.3 Product Portfolio
      • 9.21.4 Business Strategy
      • 9.21.5 Recent Developments
    • 9.22 Cosco Sports Equipment
      • 9.22.1 Overview
      • 9.22.2 Financials
      • 9.22.3 Product Portfolio
      • 9.22.4 Business Strategy
      • 9.22.5 Recent Developments
List Of Figures
  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Indoor Cycling Market, 2022 – 2030 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Indoor Cycling Market attractiveness, By Product
  • 6. Global Indoor Cycling Market attractiveness, By End-user
  • 7. Global Indoor Cycling Market attractiveness, By Distribution Channel
  • 8. Global Indoor Cycling Market share by Product, 2022 and 2030 (USD Billion)
  • 9. Global Indoor Cycling Market by Upright, 2022 – 2030 (USD Billion)
  • 10. Global Indoor Cycling Market by Recumbent, 2022 – 2030 (USD Billion)
  • 11. Global Indoor Cycling Market by Others, 2022 – 2030 (USD Billion)
  • 12. Global Indoor Cycling Market share by End-user, 2022 and 2030 (USD Billion)
  • 13. Global Indoor Cycling Market by Gyms and Clubs, 2022 – 2030 (USD Billion)
  • 14. Global Indoor Cycling Market by Home, 2022 – 2030 (USD Billion)
  • 15. Global Indoor Cycling Market by Others, 2022 – 2030 (USD Billion)
  • 16. Global Indoor Cycling Market share by Distribution Channel, 2022 and 2030 (USD Billion)
  • 17. Global Indoor Cycling Market by Offline, 2022 – 2030 (USD Billion)
  • 18. Global Indoor Cycling Market by Online, 2022 – 2030 (USD Billion)
  • 19. Global Indoor Cycling Market share, by Region, 2022 and 2030
  • 20. North America Indoor Cycling Market, 2022 – 2030 (USD Billion)
  • 21. Europe Indoor Cycling Market, 2022 – 2030 (USD Billion)
  • 22. Asia Pacific Indoor Cycling Market, 2022 – 2030 (USD Billion)
  • 23. Latin America Indoor Cycling Market, 2022 – 2030 (USD Billion)
  • 24. The Middle-East and Africa Indoor Cycling Market, 2022 – 2030 (USD Billion)
List Of Tables
  • 1. Global Indoor Cycling Market: Snapshot
  • 2. Drivers of the Indoor Cycling Market: impact analysis
  • 3. North America Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 4. North America Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 5. North America Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 6. U.S. Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 7. U.S. Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 8. U.S. Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 9. Canada Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 10. Canada Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 11. Canada Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 12. Europe Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 13. Europe Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 14. Europe Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 15. Germany Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 16. Germany Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 17. Germany Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 18. France Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 19. France Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 20. France Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 21. U.K. Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 22. U.K. Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 23. U.K. Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 24. Italy Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 25. Italy Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 26. Italy Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 27. Spain Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 28. Spain Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 29. Spain Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 30. Rest of Europe Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 31. Rest of Europe Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 32. Rest of Europe Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 33. Asia Pacific Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 34. Asia Pacific Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 35. Asia Pacific Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 36. China Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 37. China Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 38. China Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 39. Japan Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 40. Japan Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 41. Japan Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 42. India Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 43. India Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 44. India Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 45. South Korea Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 46. South Korea Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 47. South Korea Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 48. South-East Asia Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 49. South-East Asia Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 50. South-East Asia Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 51. Rest of Asia Pacific Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 52. Rest of Asia Pacific Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 53. Rest of Asia Pacific Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 54. Latin America Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 55. Latin America Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 56. Latin America Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 57. Brazil Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 58. Brazil Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 59. Brazil Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 60. Mexico Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 61. Mexico Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 62. Mexico Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 63. Rest of Latin America Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 64. Rest of Latin America Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 65. Rest of Latin America Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 66. The Middle-East and Africa Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 67. The Middle-East and Africa Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 68. The Middle-East and Africa Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 69. GCC Countries Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 70. GCC Countries Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 71. GCC Countries Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 72. South Africa Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 73. South Africa Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 74. South Africa Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)
  • 75. Rest of Middle-East Africa Indoor Cycling Market revenue, By Product, 2022 – 2030 (USD Billion)
  • 76. Rest of Middle-East Africa Indoor Cycling Market revenue, By End-user, 2022 – 2030 (USD Billion)
  • 77. Rest of Middle-East Africa Indoor Cycling Market revenue, By Distribution Channel, 2022 – 2030 (USD Billion)

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component
  • List of the prominent players in the global Indoor Cycling market:

    • Brunswick Corporation
    • Pelotons
    • Icon Health & Fitness, Inc.
    • Nautilus
    • Precor
    • NordicTrack
    • Techno gym
    • Proform
    • Schwinn
    • Star Trac
    • Soletreadsdotin
    • Life Fitness
    • Horizon Fitness
    • Marcypro
    • Stamina Products, Inc.
    • True Fitness
    • Johnson Health Tech
    • Rogue Fitness
    • Core Health & Fitness, LLC
    • Cosco Sports Equipment
    • ShuHua Sports Co., Ltd.
    • JERAI Fitness Pvt. Ltd
    • Others

FAQs

“North America” region will lead the global Indoor Cycling market during the forecast period 2022 to 2030.

The key factors driving the market are rising health consciousness among people worldwide, purchasing power, improved lifestyles, a growing youth population, and an increase in the prevalence of diabetes and cardiovascular disease.

The key players operating in the Indoor Cycling market are Brunswick Corporation, Pelotons, Icon Health & Fitness, Inc., Nautilus, Precor, NordicTrack, Techno gym, Proform, Schwinn, Star Trac, Soletreadsdotin, Life Fitness, Horizon Fitness, Marcypro, Stamina Products, Inc., True Fitness, Johnson Health Tech, Rogue Fitness, Core Health & Fitness, LLC, Cosco Sports Equipment, ShuHua Sports Co., Ltd., JERAI Fitness Pvt. Ltd.

The global Indoor Cycling market is expanding growth with a CAGR of approximately 10% during the forecast period (2022 to 2030).

The global Indoor Cycling market size was valued at USD 1.5 billion in 2021 and it is projected to reach around USD 2.8 Billion by 2030.
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