North America Exercise Bike Market Report by Product Type (Recumbent Exercise Bike, Upright Exercise Bike), End-User (Home Consumers, Gyms/Health Clubs, and Others), and Country 2024-2032

North America Exercise Bike Market Report by Product Type (Recumbent Exercise Bike, Upright Exercise Bike), End-User (Home Consumers, Gyms/Health Clubs, and Others), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A1726
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Market Overview:

The North America exercise bike market size reached US$ 326.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 499.1 Million by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 326.1 Million
Market Forecast in 2032
US$ 499.1 Million
Market Growth Rate 2024-2032 4.7%


Exercise bikes, also known as exercycle or stationary bikes, are cardiovascular equipment used for staying fit or losing weight. These easy-to-use bikes offer a low-impact aerobic workout, which is similar to riding a road or street bike. Moreover, they are simple to use than regular bikes or treadmills as they do not require much balance and coordination, thereby minimizing the chances of injury. Further, they are proven to be an ideal solution for people who have lower back and joint issues.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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North America exercise bike market is currently being driven by several factors. The majority of the population in the region consumes processed food products, which exceed the recommended levels of sugar, sodium and saturated fats. This has led to a rise in the prevalence of obesity as well as other lifestyle diseases, such as stress, diabetes and hypertension. With an increase in the obesity rates, the exercise bike market is experiencing steady growth in the region. In addition to this, manufacturers are constantly incorporating advanced technologies in exercise bikes, such as live streaming and virtual reality, which is spurring their demand in North America. Moreover, exercise bikes are available in different forms, including upright exercise bikes and recumbent exercise bikes. This provides the consumers with multiple options to choose from according to their requirements and comfort. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America exercise bike market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on product type and end-user.

  • Key Regions Analysed
    • United States
    • Canada
       
  • Analysis for Each Country
     
  • Market by Product Type

     

     
     

     

    Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

    To get more information about this market, Request Sample

    • Recumbent Exercise Bike
    • Upright Exercise Bike
       
  • Market by End-User
    • Home Consumers
    • Gyms/Health Clubs
    • Others
       
  • Value Chain Analysis
  • Key Drivers and Challenges
  • Porters Five Forces Analysis
  • Competitive Landscape
    • Competitive Structure
    • Key Player Profiles

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Product Type, End-User, Country
Region Covered United States, Canada
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The North America exercise bike market was valued at US$ 326.1 Million in 2023.

We expect the North America exercise bike market to exhibit a CAGR of 4.7% during 2024-2032.

The introduction of advanced exercise bikes that utilize Artificial Intelligence (AI) and Machine Learning (ML) technologies to personalize user workouts based on performance and fitness goals, is primarily driving the North America exercise bike market.

The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for home fitness equipment, such as exercise bikes, owing to the temporary closure of gyms, health clubs, and exercise parks, during the lockdown scenario across North America.

Based on the product type, the North America exercise bike market has been segmented into recumbent exercise bike and upright exercise bike, where recumbent exercise bike currently holds the majority of the total market share.

Based on the end-user, the North America exercise bike market can be divided into home consumers, gyms/health clubs, and others. Currently, home consumers exhibit a clear dominance in the market.

On a regional level, the market has been classified into United States and Canada, where United States currently dominates the North America exercise bike market.

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North America Exercise Bike Market Report by Product Type (Recumbent Exercise Bike, Upright Exercise Bike), End-User (Home Consumers, Gyms/Health Clubs, and Others), and Country 2024-2032
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