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Upright Exercise Bike Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5993596

Upright Exercise Bike Trends and Forecast

The future of the global upright exercise bike market looks promising with opportunities in the health club/gym and home consumer markets. The global upright exercise bike market is expected to reach an estimated $454.2 million by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are increasing number of overweight and obese people, rising classes and online fitness training, and growing emphasis on fitness and health.

Upright Exercise Bike by Segment

The study includes a forecast for the global upright exercise bike by type, price range, end use, and region.

Upright Exercise Bike Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Magnetic Resistance Upright Bikes
  • Felt Pad Resistance Upright Bikes
  • Electromagnetic Resistance Upright Bikes
  • Air Resistance Upright Bikes

Upright Exercise Bike Market by Price Range [Shipment Analysis by Value from 2018 to 2030]:

  • Low
  • Medium
  • High

Upright Exercise Bike Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Health Clubs/Gym
  • Home Consumer
  • Others

Upright Exercise Bike Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Upright Exercise Bike Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies upright exercise bike companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.

Some of the upright exercise bike companies profiled in this report include:

  • Nautilus
  • Brunswick Corporation
  • Core Health & Fitness
  • True Fitness Technology
  • Johnson Health Tech
  • Amer Sports Corporation
  • Cybex

Upright Exercise Bike Market Insights

The publisher forecasts that magnetic resistance upright bike will remain the largest segment over the forecast period due to its advantages like low maintenance, quiet, and offer a smooth pedaling motion.
Within this market, home consumer is expected to witness higher growth over the forecast period.
North America will remain the largest region over the forecast period due to growing awareness of fitness, rise in the number of obese people, and existence of large market players in the region.

Features of the Global Upright Exercise Bike Market

  • Market Size Estimates: Upright exercise bike market size estimation in terms of value ($M).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Upright exercise bike market size by type, price range, end use, and region in terms of value ($M).
  • Regional Analysis: Upright exercise bike market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different types, price ranges, end uses, and regions for the upright exercise bike market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the upright exercise bike market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the upright exercise bike market size?
Answer: The global upright exercise bike market is expected to reach an estimated $454.2 million by 2030.
Q2. What is the growth forecast for upright exercise bike market?
Answer: The global upright exercise bike market is expected to grow with a CAGR of 5.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the upright exercise bike market?
Answer: The major drivers for this market are increasing number of overweight and obese people, rising classes and online fitness training, and growing emphasis on fitness and health.
Q4. What are the major segments for upright exercise bike market?
Answer: The future of the upright exercise bike market looks promising with opportunities in the health club/gym and home consumer markets.
Q5. Who are the key upright exercise bike market companies?
Answer: Some of the key upright exercise bike companies are as follows:
  • Nautilus
  • Brunswick Corporation
  • Core Health & Fitness
  • True Fitness Technology
  • Johnson Health Tech
  • Amer Sports Corporation
  • Cybex
Q6. Which upright exercise bike market segment will be the largest in future?
Answer: The publisher forecasts that magnetic resistance upright bike will remain the largest segment over the forecast period due to its advantages like low maintenance, quiet, and offer a smooth pedaling motion.
Q7. In upright exercise bike market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing awareness of fitness, rise in the number of obese people, and existence of large market players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the upright exercise bike market by type (magnetic resistance upright bikes, felt pad resistance upright bikes, electromagnetic resistance upright bikes, and air resistance upright bikes), price range (low, medium, and high), end use (health clubs/gym, home consumer, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Upright Exercise Bike Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Upright Exercise Bike Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Upright Exercise Bike Market by Type
3.3.1: Magnetic Resistance Upright Bikes
3.3.2: Felt Pad Resistance Upright Bikes
3.3.3: Electromagnetic Resistance Upright Bikes
3.3.4: Air Resistance Upright Bikes
3.4: Global Upright Exercise Bike Market by Price Range
3.4.1: Low
3.4.2: Medium
3.4.3: High
3.5: Global Upright Exercise Bike Market by End Use
3.5.1: Health Clubs/Gym
3.5.2: Home Consumer
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Upright Exercise Bike Market by Region
4.2: North American Upright Exercise Bike Market
4.2.1: North American Upright Exercise Bike Market by Type: Magnetic Resistance Upright Bikes, Felt Pad Resistance Upright Bikes, Electromagnetic Resistance Upright Bikes, and Air Resistance Upright Bikes
4.2.2: North American Upright Exercise Bike Market by End Use: Health Clubs/Gym, Home Consumer, and Others
4.3: European Upright Exercise Bike Market
4.3.1: European Upright Exercise Bike Market by Type: Magnetic Resistance Upright Bikes, Felt Pad Resistance Upright Bikes, Electromagnetic Resistance Upright Bikes, and Air Resistance Upright Bikes
4.3.2: European Upright Exercise Bike Market by End Use: Health Clubs/Gym, Home Consumer, and Others
4.4: APAC Upright Exercise Bike Market
4.4.1: APAC Upright Exercise Bike Market by Type: Magnetic Resistance Upright Bikes, Felt Pad Resistance Upright Bikes, Electromagnetic Resistance Upright Bikes, and Air Resistance Upright Bikes
4.4.2: APAC Upright Exercise Bike Market by End Use: Health Clubs/Gym, Home Consumer, and Others
4.5: ROW Upright Exercise Bike Market
4.5.1: ROW Upright Exercise Bike Market by Type: Magnetic Resistance Upright Bikes, Felt Pad Resistance Upright Bikes, Electromagnetic Resistance Upright Bikes, and Air Resistance Upright Bikes
4.5.2: ROW Upright Exercise Bike Market by End Use: Health Clubs/Gym, Home Consumer, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Upright Exercise Bike Market by Type
6.1.2: Growth Opportunities for the Global Upright Exercise Bike Market by Price Range
6.1.3: Growth Opportunities for the Global Upright Exercise Bike Market by End Use
6.1.4: Growth Opportunities for the Global Upright Exercise Bike Market by Region
6.2: Emerging Trends in the Global Upright Exercise Bike Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Upright Exercise Bike Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Upright Exercise Bike Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Nautilus
7.2: Brunswick Corporation
7.3: Core Health & Fitness
7.4: True Fitness Technology
7.5: Johnson Health Tech
7.6: Amer Sports Corporation
7.7: Cybex

Companies Mentioned

  • Nautilus
  • Brunswick Corporation
  • Core Health & Fitness
  • True Fitness Technology
  • Johnson Health Tech
  • Amer Sports Corporation
  • Cybex

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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