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Indoor Cycling Market Introduction:
Cycling is also considered in sports and is a great way to stay fit and make the most out of the winter. Indoor cycling is an easy and affordable way to stay active during these harsh months. Indoor cycling is a form of activity or exercise performed on a special stationary bicycle in a fitness center or at home. It's a tough workout that gives a full-body workout, including heart rate zone training and others. In addition, it is also a fun way to exercise with friends or enjoy a solo ride. Strength, weight loss, fitness, intensity, etc., are the main focus points for indoor riding.
There are several advantages of indoor cycling, such as convenient, time-saving, weather-proof, and stopping with a dirty bike. In addition, people can carry out targeted exercises to improve endurance, speed, cardiovascular health, etc. Cycling indoors is an excellent alternative for those looking for a new workout. One of the main benefits of cycling indoors is that you are able to get in some exercise without putting any wear and tear on your body. The other benefit is that you are able to control the temperature of the room while you are exercising. Cycling also offers several different levels or resistance so you can find one that is perfect for your fitness level.
Indoor cycling is also carried out in small groups, with a coach instructing other people or matching each other's riding rhythm. In this case, people can also communicate with each other while exercising. The social aspect of indoor cycling, especially in fitness clubs, attracts more people to adopt indoor cycling. In addition, group indoor cycling creates a high demand for indoor cycling bicycles, because multiple users must use multiple bicycles at the same time instead of using one or several bicycles one after another.
Global Indoor Cycling Market Revenue Outlook:
Global Indoor Cycling Market valued at US$ 6.7.8 Mn in 2020 and is projected to register а САGR of 5.4% by 2031.
Increasing Health Benefits Have A Positive Impact On The Target Market
For most people, regardless of their physical condition, indoor cycling is one of the most common activities in fitness centers. Several studies have analyzed the effects of indoor cycling on several health-related parameters, such as maximum oxygen consumption, blood pressure, body composition, and biochemical markers (such as HDL or LDL). In addition, a combination of indoor cycling and diet improves blood lipids, loses weight, and lowers blood pressure. Also, individual indoor riding can also improve aerobic capacity.
Market Restraints That May Limit The Revenue Growth
A new craze in fitness has been a rather unfamiliar sport to many, the indoor cycling class. This sport demands high cardiovascular endurance and strong legs to complete an intense workout. Many factors can deter people from trying this new exercise routine, such as paying to use the bike. The high cost of indoor cycling bikes compared to conventional bikes is another factor that may limit the revenue growth of the target market, especially in developing economies, to a certain extent. The biggest disadvantage of cycling at home is the high cost. The price of a Peloton bike is usually more than $1,800, which does not include the monthly subscription fee.
Recent Trends Observed In The Indoor Cycling Market
Indoor cycling is the most popular form of indoor exercise. This is because it can be used all day, when riding outside isn't an option, when the weather is bad, when you want to work in private or keep in shape during winter months. Indoor bicycles develop and innovate in their ways, from immersive and gamified experiences to high-quality smart bicycle products.
The government and fitness clubs investing in the construction of bicycle lanes are the main constraints on the global indoor bicycle market. The bike lanes are designed for easy riding and comfortable driving on crowded roads. The driving experience on the well-designed track and the live driving experience surrounded by greenery are people's first choices. Compared with the indoor environment, the oxygen content outside the building is usually higher. In the near future, the development of cycling tracks is expected to moderately affect the growth of indoor cycling.
COVID-19 Impact on Indoor Cycling Market
The COVID-19 pandemic caused many stadiums to close in March, and many are still closed. Therefore, it seems that more people will join the indoor cycling trend in 2020 than ever before. Wattbike Atom's sales in the UK in March 2020 were 113% higher than the sales in February 2020. Active users on the Wattbike Hub app also increased by 17% compared to users using Atom, which shows that there are higher sales levels, but there are also active users who use their Wattbike to stay healthy in the comfort of their own home.
Regional Analysis
North America region holds the leading position in the Global Indoor Cycling Market
Geographically, North America is estimated to account for the majority market share and will continue to dominate the target market in the next few years. As health problems are increasing on a global scale, so fitness has become an indispensable part of a person's health. The North American indoor cycling market is the leading region worldwide in terms of revenue generation. This is due to the high number of gyms, stadiums, and other facilities that are now equipped to accommodate indoor cycling programs. Furthermore, many consumers are opting for this type of exercise because they believe it will provide them with fewer injury risks than outdoor biking. The prevalence of videos on social media showcasing individuals who partake in this form of exercise has led to surge in interest from consumers.
Global Indoor Cycling Market Segmentation is based on Type, Application and Region:
Based on the Type
- Magnetic Resistance
- Felt Pad Resistance
Based on the Application
- Home
- Fitness Club
- Other Applications
Report Scope
- Forecast Period: 2022-2031
- Actual Year: 2021
- Historical Data Available for: 2015-2020
Key Players in the Market are:
- Peleton
- Brunswick Corporation
- Nautilus
- Precor
- Mad Dogg Athletics
- Paradigm Health?Wellness
- Keiser Corporation
- BH Fitness
- Johnson Health
- SOLE Treadmills
- Sunny
- IMPEX
- Assault Fitness
- Other Key Industry Players
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
- Peleton
- Brunswick Corporation
- Nautilus
- Precor
- Mad Dogg Athletics
- Paradigm Health?Wellness
- Keiser Corporation
- BH Fitness
- Johnson Health
- SOLE Treadmills
- Sunny
- IMPEX
- Assault Fitness
- Other Key Industry Players
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- Chapter 1 Global Indoor Cycling Market Outlook
- 1.1 Introduction
- 1.2 Segmentation of Indoor Cycling Market Based On Type & Application, and Region
- 1.3 Drivers
- 1.4 Restraints
- 1.5 Opportunities
- 1.6 Trends
- 1.7 Macro-economic Factors
- 1.8 Regulatory Framework
- 1.9 Global Indoor Cycling Market Pricing Analysis by Region, 2021
- 1.10 Opportunity Map Analysis
- 1.10.1 Optimistic Scenario
- 1.10.2 Likely Scenario
- 1.10.3 Conservative Scenario
- 1.11 Opportunity Orbits
- 1.12 Market Investment Feasibility Index
- 1.13 PEST Analysis
- 1.14 PORTER’S Five Force Analysis
- 1.15 Drivers & Restraints Impact Analysis
- 1.16 Marketing Strategy
- 1.17 Product Life Cycle Analysis
- 1.18 Value Chain Analysis
- 1.19 Cost Structure Analysis
- 1.20 Regional Market Share and BPS Analysis in Indoor Cycling Market
- 1.21 COVID-19 Impact Analysis
- Chapter 2 Global Indoor Cycling Market Overview
- 2.1 Global Market Value & Volume Comparison Market by Type (2015-2031)
- 2.1.1 Global Market Value & Volume Market Share Market by Type in 2021
- 2.1.2 Global Market Attractiveness Analysis Market by Type, 2015–2022
- 2.2 Global Market Value & Volume Comparison by Application (2015-2031)
- 2.2.1 Global Market Value & Volume Market Share by Application in 2021
- 2.2.2 Global Market Attractiveness Analysis by Application, 2015–2022
- 2.3 Global Market Outlook by Region
- 2.3.1 Global Market Value & Volume Comparison by Region (2015-2031)
- 2.3.2 Global Market Value & Volume Market Share by Region in 2021
- 2.3.3 Global Market Attractiveness Analysis by Region, 2015–2022
- 2.4 Global Market Outlook (2015-2031)
- 2.4.1 Global Market Value & Volume (2015–2022)
- 2.4.2 Global Market Value & Volume (2023-2031)
- 2.5 Global Market Value & Volume by Regions
- 2.5.1 Global Market Value & Volume Comparison by Region (2015–2022)
- 2.5.2 Global Market Value & Volume Comparison by Region (2023-2031)
- 2.6 Global Market Value & Volume Market by Type
- 2.6.1 Global Market Value & Volume Comparison Market by Type (2015–2022)
- 2.6.2 Global Market Value & Volume Comparison Market by Type (2023-2031)
- 2.7 Global Market Value & Volume by Application
- 2.7.1 Global Market Value & Volume Comparison by Application (2015–2022)
- 2.7.2 Global Market Value & Volume Comparison by Application (2023-2031)
- 2.8 Global Market Y-o-Y Growth Rate Comparison 2016–2031
- 2.8.1 Global Market Y-o-Y Growth Rate by Region
- 2.8.2 Global Market Y-o-Y Growth Rate Market by Type
- 2.8.3 Global Market Y-o-Y Growth Rate by Application
- 2.9 Global Market Share Comparison 2015–2031
- 2.9.1 Global Market Share by Region
- 2.9.2 Global Market Share Market by Type
- 2.9.3 Global Market Share by Application
- 2.1 Global Market Value & Volume Comparison Market by Type (2015-2031)
- Chapter 3 North America Indoor Cycling Market Overview
- 3.1 North America Market by Type
- 3.1.1 North America Market Value & Volume Comparison Market by Type (2015-2031)
- 3.1.2 North America Market Value & Volume Market Share Market by Type in 2021
- 3.2 North America Market Value & Volume Comparison by Application (2015-2031)
- 3.2.1 North America Market Value & Volume Market Share by Application in 2021
- 3.2.2 North America Market Attractiveness Analysis by Application, 2015–2022
- 3.3 North America Market Outlook by Region
- 3.3.1 North America Market Value & Volume Comparison by Region (2015-2031)
- 3.3.2 North America Market Value & Volume Market Share by Region in 2021
- 3.3.3 North America Market Attractiveness Analysis by Region, 2015–2022
- 3.4 North America Market Outlook (2015-2031)
- 3.4.1 North America Market Value & Volume (2015–2022)
- 3.4.2 North America Market Value & Volume (2023-2031)
- 3.5 North America Market Value & Volume by Regions
- 3.5.1 North America Market Value & Volume Comparison by Region (2015–2022)
- 3.5.2 North America Market Value & Volume Comparison by Region (2023-2031)
- 3.6 North America Market Value & Volume Market by Type
- 3.6.1 North America Market Value & Volume Comparison Market by Type (2015–2022)
- 3.6.2 North America Market Value & Volume Comparison Market by Type (2023-2031)
- 3.7 North America Market Value & Volume by Application
- 3.7.1 North America Market Value & Volume Comparison by Application (2015–2022)
- 3.7.2 North America Market Value & Volume Comparison by Application (2023-2031)
- 3.8 North America Market Y-o-Y Growth Rate Comparison 2016–2031
- 3.8.1 North America Market Y-o-Y Growth Rate by Region
- 3.8.2 North America Market Y-o-Y Growth Rate Market by Type
- 3.8.3 North America Market Y-o-Y Growth Rate by Application
- 3.9 North America Market Share Comparison 2015–2031
- 3.9.1 North America Market Share by Region
- 3.9.2 North America Market Share Market by Type
- 3.9.3 North America Market Share by Application
- 3.1 North America Market by Type
- Chapter 4 Europe Indoor Cycling Market Overview
- 4.1 Europe Market Market by Type
- 4.1.1 Europe Market Value & Volume Comparison Market by Type (2015-2031)
- 4.1.2 Europe Market Value & Volume Market Share Market by Type in 2021
- 4.2 Europe Market Value & Volume Comparison by Application (2015-2031)
- 4.2.1 Europe Market Value & Volume Market Share by Application in 2021
- 4.2.2 Europe Market Market Attractiveness Analysis by Application, 2015–2022
- 4.3 Europe Market Market Outlook by Region
- 4.3.1 Europe Market Value & Volume Comparison by Region (2015-2031)
- 4.3.2 Europe Market Value & Volume Market Share by Region in 2021
- 4.3.3 Europe Market Attractiveness Analysis by Region, 2015–2022
- 4.4 Europe Market Outlook (2015-2031)
- 4.4.1 Europe Market Value & Volume (2015–2022)
- 4.4.2 Europe Market Value & Volume (2023-2031)
- 4.5 Europe Market Value & Volume by Regions
- 4.5.1 Europe Market Value & Volume Comparison by Region (2015–2022)
- 4.5.2 Europe Market Value & Volume Comparison by Region (2023-2031)
- 4.6 Europe Market Value & Volume Market by Type
- 4.6.1 Europe Market Value & Volume Comparison Market by Type (2015–2022)
- 4.6.2 Europe Market Value & Volume Comparison Market by Type (2023-2031)
- 4.7 Europe Market Value & Volume by Application
- 4.7.1 Europe Market Value & Volume Comparison by Application (2015–2022)
- 4.7.2 Europe Market Value & Volume Comparison by Application (2023-2031)
- 4.8 Europe Market Y-o-Y Growth Rate Comparison 2016–2031
- 4.8.1 Europe Market Y-o-Y Growth Rate by Region
- 4.8.2 Europe Market Y-o-Y Growth Rate Market by Type
- 4.8.3 Europe Market Y-o-Y Growth Rate by Application
- 4.9 Europe Market Share Comparison 2015–2031
- 4.9.1 Europe Market Share by Region
- 4.9.2 Europe Market Share Market by Type
- 4.9.3 Europe Market Share by Application
- 4.1 Europe Market Market by Type
- Chapter 5 Asia-Pacific Indoor Cycling Market Overview
- 5.1 Asia-Pacific Market by Type
- 5.1.1 Asia-Pacific Market Value & Volume Comparison Market by Type (2015-2031)
- 5.1.2 Asia-Pacific Market Value & Volume Market Share Market by Type in 2021
- 5.2 Asia-Pacific Market Value & Volume Comparison by Application (2015-2031)
- 5.2.1 Asia-Pacific Market Value & Volume Market Share by Application in 2021
- 5.2.2 Asia-Pacific Market Attractiveness Analysis by Application, 2015–2022
- 5.3 Asia-Pacific Market Outlook by Region
- 5.3.1 Asia-Pacific Market Value & Volume Comparison by Region (2015-2031)
- 5.3.2 Asia-Pacific Market Value & Volume Market Share by Region in 2021
- 5.3.3 Asia-Pacific Market Attractiveness Analysis by Region, 2015–2022
- 5.4 Asia-Pacific Market Outlook (2015-2031)
- 5.4.1 Asia-Pacific Market Value & Volume (2015–2022)
- 5.4.2 Asia-Pacific Market Value & Volume (2023-2031)
- 5.5 Asia-Pacific Market Value & Volume by Regions
- 5.5.1 Asia-Pacific Market Value & Volume Comparison by Region (2015–2022)
- 5.5.2 Asia-Pacific Market Value & Volume Comparison by Region (2023-2031)
- 5.6 Asia-Pacific Market Value & Volume Market by Type
- 5.6.1 Asia-Pacific Market Value & Volume Comparison Market by Type (2015–2022)
- 5.6.2 Asia-Pacific Market Value & Volume Comparison Market by Type (2023-2031)
- 5.7 Asia-Pacific Market Value & Volume by Application
- 5.7.1 Asia-Pacific Market Value & Volume Comparison by Application (2015–2022)
- 5.7.2 Asia-Pacific Market Value & Volume Comparison by Application (2023-2031)
- 5.8 Asia-Pacific Market Y-o-Y Growth Rate Comparison 2016–2031
- 5.8.1 Asia-Pacific Market Y-o-Y Growth Rate by Region
- 5.8.2 Asia-Pacific Market Y-o-Y Growth Rate Market by Type
- 5.8.3 Asia-Pacific Market Y-o-Y Growth Rate by Application
- 5.9 Asia-Pacific Market Share Comparison 2015–2031
- 5.9.1 Asia-Pacific Market Share by Region
- 5.9.2 Asia-Pacific Market Share Market by Type
- 5.9.3 Asia-Pacific Market Share by Application
- 5.1 Asia-Pacific Market by Type
- Chapter 6 Latin America Indoor Cycling Market Overview
- 6.1 Latin America Market by Type
- 6.1.1 Latin America Market Value & Volume Comparison Market by Type (2015-2031)
- 6.1.2 Latin America Market Value & Volume Market Share Market by Type in 2021
- 6.2 Latin America Market Value & Volume Comparison by Application (2015-2031)
- 6.2.1 Latin America Market Value & Volume Market Share by Application in 2021
- 6.2.2 Latin America Market Attractiveness Analysis by Application, 2015–2022
- 6.3 Latin America Market Outlook by Region
- 6.3.1 Latin America Market Value & Volume Comparison by Region (2015-2031)
- 6.3.2 Latin America Market Value & Volume Market Share by Region in 2021
- 6.3.3 Latin America Market Attractiveness Analysis by Region, 2015–2022
- 6.4 Latin America Market Outlook (2015-2031)
- 6.4.1 Latin America Market Value & Volume (2015–2022)
- 6.4.2 Latin America Market Value & Volume (2023-2031)
- 6.5 Latin America Market Value & Volume by Regions
- 6.5.1 Latin America Market Value & Volume Comparison by Region (2015–2022)
- 6.5.2 Latin America Market Value & Volume Comparison by Region (2023-2031)
- 6.6 Latin America Market Value & Volume Market by Type
- 6.6.1 Latin America Market Value & Volume Comparison Market by Type (2015–2022)
- 6.6.2 Latin America Market Value & Volume Comparison Market by Type (2023-2031)
- 6.7 Latin America Market Value & Volume by Application
- 6.7.1 Latin America Market Value & Volume Comparison by Application (2015–2022)
- 6.7.2 Latin America Market Value & Volume Comparison by Application (2023-2031)
- 6.8 Latin America Market Y-o-Y Growth Rate Comparison 2016–2031
- 6.8.1 Latin America Market Y-o-Y Growth Rate by Region
- 6.8.2 Latin America Market Y-o-Y Growth Rate Market by Type
- 6.8.3 Latin America Market Y-o-Y Growth Rate by Application
- 6.9 Latin America Market Share Comparison 2015–2031
- 6.9.1 Latin America Market Share by Region
- 6.9.2 Latin America Market Share Market by Type
- 6.9.3 Latin America Market Share by Application
- 6.1 Latin America Market by Type
- Chapter 7 MEA Indoor Cycling Market Overview
- 7.1 MEA Market by Type
- 7.1.1 MEA Market Value & Volume Comparison Market by Type (2015-2031)
- 7.1.2 MEA Market Value & Volume Market Share Market by Type in 2021
- 7.2 MEA Market Value & Volume Comparison by Application (2015-2031)
- 7.2.1 MEA Market Value & Volume Market Share by Application in 2021
- 7.2.2 MEA Market Attractiveness Analysis by Application, 2015–2022
- 7.3 MEA Market Outlook by Region
- 7.3.1 MEA Market Value & Volume Comparison by Region (2015-2031)
- 7.3.2 MEA Market Value & Volume Market Share by Region in 2021
- 7.3.3 MEA Market Attractiveness Analysis by Region, 2015–2022
- 7.4 MEA Market Outlook (2015-2031)
- 7.4.1 MEA Market Value & Volume (2015–2022)
- 7.4.2 MEA Market Value & Volume (2023-2031)
- 7.5 MEA Market Value & Volume by Regions
- 7.5.1 MEA Market Value & Volume Comparison by Region (2015–2022)
- 7.5.2 MEA Market Value & Volume Comparison by Region (2023-2031)
- 7.6 MEA Market Value & Volume Market by Type
- 7.6.1 MEA Market Value & Volume Comparison Market by Type (2015–2022)
- 7.6.2 MEA Market Value & Volume Comparison Market by Type (2023-2031)
- 7.7 MEA Market Value & Volume by Application
- 7.7.1 MEA Market Value & Volume Comparison by Application (2015–2022)
- 7.7.2 MEA Market Value & Volume Comparison by Application (2023-2031)
- 7.8 MEA Market Y-o-Y Growth Rate Comparison 2016–2031
- 7.8.1 MEA Market Y-o-Y Growth Rate by Region
- 7.8.2 MEA Market Y-o-Y Growth Rate Market by Type
- 7.8.3 MEA Market Y-o-Y Growth Rate by Application
- 7.9 MEA Market Share Comparison 2015–2031
- 7.9.1 MEA Market Share by Region
- 7.9.2 MEA Market Share Market by Type
- 7.9.3 MEA Market Share by Application
- 7.1 MEA Market by Type
- Chapter 8 Global Indoor Cycling Market Company Profiles
- 8.1 Market Competition Scenario Analysis, By Company
- 8.2 Competitor Landscape
- 8.3 Company Share Analysis
- 8.4 Company Profiles
- 8.4.1 Peleton
- 8.4.1.1 Company Overview
- 8.4.1.2 Business Description
- 8.4.1.3 Product Portfolio
- 8.4.1.4 Key Financials
- 8.4.1.5 Key Developments
- 8.4.1.6 SWOT Analysis
- 8.4.2 Brunswick Corporation.
- 8.4.2.1 Company Overview
- 8.4.2.2 Business Description
- 8.4.2.3 Product Portfolio
- 8.4.2.4 Key Financials
- 8.4.2.5 Key Developments
- 8.4.2.6 SWOT Analysis
- 8.4.3 Nautilus
- 8.4.3.1 Company Overview
- 8.4.3.2 Business Description
- 8.4.3.3 Product Portfolio
- 8.4.3.4 Key Financials
- 8.4.3.5 Key Developments
- 8.4.3.6 SWOT Analysis
- 8.4.4 Precor
- 8.4.4.1 Company Overview
- 8.4.4.2 Business Description
- 8.4.4.3 Product Portfolio
- 8.4.4.4 Key Financials
- 8.4.4.5 Key Developments
- 8.4.4.6 SWOT Analysis
- 8.4.5 Paradigm HealthWellness
- 8.4.5.1 Company Overview
- 8.4.5.2 Business Description
- 8.4.5.3 Product Portfolio
- 8.4.5.4 Key Financials
- 8.4.5.5 Key Developments
- 8.4.5.6 SWOT Analysis
- 8.4.6 Keiser Corporation
- 8.4.6.1 Company Overview
- 8.4.6.2 Business Description
- 8.4.6.3 Product Portfolio
- 8.4.6.4 Key Financials
- 8.4.6.5 Key Developments
- 8.4.6.6 SWOT Analysis
- 8.4.7 BH Fitness
- 8.4.7.1 Company Overview
- 8.4.7.2 Business Description
- 8.4.7.3 Product Portfolio
- 8.4.7.4 Key Financials
- 8.4.7.5 Key Developments
- 8.4.7.6 SWOT Analysis
- 8.4.8 Johnson Health
- 8.4.8.1 Company Overview
- 8.4.8.2 Business Description
- 8.4.8.3 Product Portfolio
- 8.4.8.4 Key Financials
- 8.4.8.5 Key Developments
- 8.4.8.6 SWOT Analysis
- 8.4.9 SOLE Treadmills
- 8.4.9.1 Company Overview
- 8.4.9.2 Business Description
- 8.4.9.3 Product Portfolio
- 8.4.9.4 Key Financials
- 8.4.9.5 Key Developments
- 8.4.9.6 SWOT Analysis
- 8.4.10 Assault Fitness
- 8.4.10.1 Company Overview
- 8.4.10.2 Business Description
- 8.4.10.3 Product Portfolio
- 8.4.10.4 Key Financials
- 8.4.10.5 Key Developments
- 8.4.10.6 SWOT Analysis
- 8.4.11 Other Key Players
- 8.4.1 Peleton
- Chapter 9 Research Methodology
- 9.1 Research Methodology
- 9.2 Primary Research
- 9.3 Secondary Research
- 9.4 Report Scope
- Chapter 10 About Us
- 10.1 Who we are:
- Chapter 11 Disclaimer
- Chapter 1 Global Indoor Cycling Market Outlook
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