openPR Logo
Press release

Turbo Trainer Market To Cross Valuation Of US$ 620 Mn By 2030

11-22-2021 08:54 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR

Transparency Market Research delivers key insights on the global turbo trainer market. In terms of revenue, the global turbo trainer market is estimated to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global turbo trainer market report.

In this market report, TMR predicts the growing commercial fitness centers and gymnasiums across the globe to have a noteworthy impact on the overall turbo trainer market. Rising focus on maintaining body fitness, along with the trend of using indoor personal training equipment is likely to propel the turbo trainer market in the Asia Pacific region.

Want to know the obstructions to your company’s growth in future? Request a brochure @

Turbo trainer is a fitness equipment that helps end users in pedaling a stationary bike indoors. It offers a cyclist a great substitute for outdoor training, which is effective among users in unseasonal climatic conditions. A few turbo trainers automatically get harder as it pedals quicker. On the other hand, other trainers are adjusted manually, normally by using a lever that holds handlebars. Turbo trainers with versatile properties have gained momentum in recent years.

Rising awareness among users to maintain their body fitness has encouraged them to opt for turbo trainers. Turbo trainer is found to be an essential indoor fitness equipment among users, as it helps to burn calories and helps gain more strength to the lower part of the body. This is influencing the growth of the turbo trainer market. The rising number of commercial gyms, fitness centers, and clubs across the globe is also promoting the sales of turbo trainers. In addition, users are personally opting for smart turbo trainers in order to improve their fitness, speed, and overall cycling performance.

The rising popularity of turbo trainers in fitness training programs and its ability to perform with multi-functional activities is also likely to augment demand in the upcoming years. The increasing number of professional cyclists, along with commercial fitness centers is an opportunity for the turbo trainer market. Suppliers may also sponsor cycling competitions across the globe in order to gain attention of the users about their product. In addition, suppliers tend to collaborate with commercial spaces such as gymnasiums and fitness centers in order to provide them with customized solutions and increase the sales of their product.

Purchase Premium Research Report @<ype=S

Asia Pacific led the turbo trainer market in 2019 and the region is expected to retain its dominance during the forecast period. China, Japan, and India are considered major markets for turbo trainers in Asia Pacific. Apart from Asia Pacific, Europe also significantly contributes to the growth of the global turbo trainer market. A growing gymnasium sector and fitness centers, along with rising participation of cyclists in professional indoor training is likely to create a demand for turbo trainers in Europe. In addition, rapid growth in demand for smart equipment in developed countries such as the U.K., Germany, Italy, and France is influencing end users to opt for smart direct drive turbo trainers. This is also a major factor driving the turbo trainer market.

The competition landscape of the turbo trainer market is moderately fragmented with leading players accounting for majority of the revenue share. Key players operating in the global turbo trainer market include Elite, JetBlack Cycling., Kurt Manufacturing, Tacx B.V., Wahoo Fitness L.L.C., Technogym s.p.a., Cannondale Bicycle Corporation, and MINOURA Co., Ltd.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.


Transparency Market Research
USA – Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Turbo Trainer Market To Cross Valuation Of US$ 620 Mn By 2030 here

News-ID: 2470576 • Views:

More Releases from TMR

Emerging Opportunities in Logistics Market with Current Trends Analysis
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027. The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031. The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,

All 5 Releases

More Releases for Asia

South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,
RAMPF Korea – Producing in Asia for Asia
Joint Venture for the Asian markets – The international RAMPF Group has realigned the cooperation with its long-standing partner Orient Dosiertechnik from Korea with the founding of RAMPF Korea Co., Ltd. The new company based in Hwaseong City is developing and producing mixing and dispensing systems specifically for the Asian markets. Within the framework of the new joint venture based in Hwaseong City, mixing and dispensing systems are being developed and
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019". The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients. Asked to comment on the move, Luke Palmer, the