Global Home Exercise Bike Market Overview:
Home exercise bikes, is used to improve and preserve cardiovascular health. It can also be used to reduce body fat. The home exercise bike, unlike the gym versions, is used to exercise at home. It is made up of different components such as the saddle, handlebars, pedals, and foot braces. In contrast to other types of fitness equipment, an exercise bike provides a reduced-impact workout that is ideal for people with lower back or joint problems. It also helps to boost overall body health by reducing weight and fighting lifestyle diseases like stress, diabetes, and hypertension. Home exercise bikes have becoming more popular because of urbanisation and also because of more awareness about being healthy and fit. Some of the players profiled in the study are Reach Air Bikes (United States), Healthex (United States), Dolphy (United States), Schwinn (United States), Leikefitness (United States), Peloton Bike (United States) and NordicTrack (United States).
On the basis of geography, the market of Home Exercise Bike has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Home Exercise Bike market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Portability, the sub-segment i.e. Portable will boost the Home Exercise Bike market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Changing Lifestyle of People
- Rise In The Cases Of Obesity As Well As Other Chronic Diseases
- Advancement in the Exercise Bike like Live Stream Video in the Screen While Cycling
- Rising Health Awareness among Young People
The market for Home Exercise bike is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Target Audience:Manufacturers of Exercise Bike, Suppliers of Exercise Bike, Wholesalers, Distributors and Retailers of Exercise Bike, End-User and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Home Exercise Bike market on the basis of product [Recumbent Bike, Upright Bike, Dual Action Bike and Interactive Bike] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Home Exercise Bike market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Home Exercise Bike industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Home Exercise Bike market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.