What is Recumbent Bikes Market?
A recumbent bicycle is also called Exercise bike and stationary cycle. It is referred as is an immobile fitness device which looks like an ordinary bike. A recumbent bicycle is a type of bicycle that places the rider in a laid-back reclining position. There are various benefits of recumbent bicycles such as Cardiovascular Exercise, strengthening muscles, comfort and stability, workout length. Additionally, it supports improving the overall fitness of the body by dropping weight as well as combating lifestyle diseases such as stress, diabetes, and hypertension.
The market study is being classified by Type (Folding and Unfolding), by Application (Fitness, Travel and Other) and major geographies with country level break-up.
Azub Bike Ltd. (Czech Republic), Bacchetta Bicycles Inc. (United States), Catrike (United States), Cruzbike (United States), Easy Racers, Inc. (United States), Greenspeed (Netherlands), HP Velotechnik GmbH & Co. KG (Germany), ICE Trikes (United Kingdom), Lightning Cycle Dynamics Inc. (United States) and Linear Recumbent (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Nazca Ligfietsen V.O.F. (Netherlands), RANS Bikes Inc. (United States), Schlitter Bikes (United States), Sunseeker Bicycles (United States), TerraTrike (United States) and Volae (United States).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Recumbent Bikes market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Recumbent Bikes market by Type, Application and Region.
On the basis of geography, the market of Recumbent Bikes 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Lack of healthy Food and Food products Consumption with Better Nutritional Contents and Lowered Fats
- Increasing Instances of Obesity amongst the Global Populations
- Growing Adoption of Foldable Recumbent Bikes
- Introduction to Smart Bikes with Calorie Burned, Heart Rate Measurement Tools
- Higher Investments that Other Manufacturing Techniques
- Comparatively Less Durable Fitness Solution
- Ideal Weight Distribution in Recumbent Bikes will escalate the demand in upcoming years
- Growing Awareness about Fitness
- Increasing Distribution Overheads over the Forecasting Years
- Availability of Threat of Substitutes in Recumbent Bikes
Market Leaders and some development strategies
At the Start of January 2019, HP Velotechnik GmbH & Co. KG has advanced its product portfolio by expanding the range of Shimano STEPS Pedelec systems for recumbent bikes with the top model E8000. This powerful, as well as evenly modulated motor with its torque of up to 70 Nm, can be ordered as an option for all the tricycles manufactured by the company.
On June 8th, 2018, the recumbent bikes manufacturer Carrier has introduced “Infinity Air Conditioning System” with Greenspeed Intelligence. Systems with Greenspeed intelligence run quietly and at different speeds, allowing them to operate at longer run times but at lower and steadier capacities to better manage humidity.
Key Target AudienceKey Stakeholders, Recumbent Bikes Manufacturers, Recumbent Bikes Distributors/Traders/Wholesalers, Recumbent Bikes Subcomponent Manufacturers, Industry Association, Downstream Vendors and Others
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