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North America Exercise Bike Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The North America exercise bike market size reached US$ 293.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 404.1 Million by 2027, exhibiting a growth rate (CAGR) of 5.32% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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.

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 2022-2027. 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
    • 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 2021
Historical Period 2016-2021
Forecast Period 2022-2027
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$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
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:

  • How has the North America exercise bike market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America exercise bike market?
  • What has been the impact of COVID-19 on the North America exercise bike market?
  • What is the breakup of the North America exercise bike market on the basis of product type?
  • What is the breakup of the North America exercise bike market on the basis of end-user?
  • What are the various stages in the value chain of the North America exercise bike industry?
  • What are the key driving factors and challenges in the North America exercise bike industry?
  • What is the structure of the North America exercise bike industry and who are the key players?
  • What is the degree of competition in the North America exercise bike industry?
  • What are the profit margins in the North America exercise bike industry?

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Exercise Bike Market
    5.1    Market Performance
    5.2    Market Breakup by Product Type
    5.3    Market Breakup by End-User
    5.4    Market Breakup by Region
    5.5    Market Forecast
6   North America Exercise Bike Market
    6.1    Market Performance
    6.2    Impact of COVID-19
    6.3    Market Forecast
7   North America Exercise Bike Market: Breakup by Product Type
    7.1    Recumbent Exercise Bike
    7.2    Upright Exercise Bike
8   North America Exercise Bike Market: Breakup by End-User
    8.1    Home Consumers
    8.2    Gyms/Health Clubs
    8.3    Others
9   North America Exercise Bike Market: Breakup by Country
    9.1   United States
     9.1.1    Historical Market Trends
     9.1.2    Market Breakup by Product Type
     9.1.3    Market Breakup by End-User
     9.1.4    Market Forecast
    9.2   Canada
     9.2.1    Historical Market Trends
     9.2.2    Market Breakup by Product Type
     9.2.3    Market Breakup by End-User
     9.2.4    Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
    11.1    Overview
    11.2    Raw Material Procurement
    11.3    Manufacturing
    11.4    Marketing
    11.5    Distribution
    11.6    Export
    11.7    End-Use
12  Porter’s Five Forces Analysis
    12.1     Overview
    12.2     Bargaining Power of Buyers
    12.3     Bargaining Power of Suppliers
    12.4     Degree of Rivalry
    12.5     Threat of New Entrants
    12.6     Threat of Substitutes
13  Price Analysis
14  Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players

List of Figures

Figure 1: North America: Exercise Bike Market: Major Drivers and Challenges
Figure 2: Global: Exercise Bike Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Exercise Bike Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Exercise Bike Market: Breakup by End-User (in %), 2021
Figure 5: Global: Exercise Bike Market: Breakup by Region (in %), 2021
Figure 6: Global: Exercise Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 7: North America: Exercise Bike Market: Sales Value (in Million US$), 2016-2021
Figure 8: North America: Exercise Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: North America: Exercise Bike Market: Breakup by Product Type (in %), 2021
Figure 10: North America: Exercise Bike (Recumbent Exercise Bike) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: North America: Exercise Bike (Recumbent Exercise Bike) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: North America: Exercise Bike (Upright Exercise Bike) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: North America: Exercise Bike (Upright Exercise Bike) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: North America: Exercise Bike Market: Breakup by End-User (in %), 2021
Figure 15: North America: Exercise Bike (Home Consumers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: North America: Exercise Bike (Home Consumers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: North America: Exercise Bike (Gyms/Health Clubs) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: North America: Exercise Bike (Gyms/Health Clubs) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: North America: Exercise Bike (Other End-Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: North America: Exercise Bike (Other End-Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Exercise Bike Market: Breakup by Country (in %), 2021
Figure 22: United States: Exercise Bike Market: Sales Value (in Million US$), 2016-2021
Figure 23: United States: Exercise Bike Market: Breakup by Product Type (in %), 2021
Figure 24: United States: Exercise Bike Market: Breakup by End-User (in %), 2021
Figure 25: United States: Exercise Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Canada: Exercise Bike Market: Sales Value (in Million US$), 2016-2021
Figure 27: Canada: Exercise Bike Market: Breakup by Product Type (in %), 2021
Figure 28: Canada: Exercise Bike Market: Breakup by End-User (in %), 2021
Figure 29: Canada: Exercise Bike Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Exercise Bike Industry: SWOT Analysis
Figure 31: North America: Exercise Bike Industry: Value Chain Analysis
Figure 32: North America: Exercise Bike Industry: Porter’s Five Forces Analysis


List of Tables

Table 1: North America: Exercise Bike Market: Key Industry Highlights, 2021 and 2027
Table 2: North America: Exercise Bike Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: North America: Exercise Bike Market Forecast: Breakup by End-User (in Million US$), 2022-2027
Table 4: North America: Exercise Bike Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 5: North America: Exercise Bike Market: Competitive Structure
Table 6: North America: Exercise Bike Market: Key Players


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