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The global exercise bike market was valued at US$ 630.4 Million in 2021.
We expect the global exercise bike market to exhibit a CAGR of 5.4% during 2022-2027.
The advent of several innovations in exercise bikes, such as virtual reality exercise bikes that provides
immersive experience to health-conscious consumers, is currently driving the global exercise bikes
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in temporary closure of gyms, health clubs and exercise
parks, thereby hampering the demand for exercise bikes.
Based on the product type, the global exercise bike market has been bifurcated into recumbent exercise
bikes and upright exercise bikes. Currently, recumbent exercise bike exhibits clear dominance in the
Based on the end-user, the global exercise bike market has been classified into home consumers,
gym/health clubs, and others. Among these, home consumers hold the majority of the total market
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East
and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global exercise bike market include Brunswick Corporation, Icon Health
& Fitness, Inc., Nautilus, Precor, Technogym, etc.
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