Europe stationary cycle market estimated to reach $151.7 million value by 2019 – Market Report

A stationary cycle is used as equipment for exercise, to increase general fitness, and train for cycling events. The equipment is often called as exercise bicycle, exercise bike, or exercycle. The exercise bike has long been used for physical therapy, as it provides safe and effective cardiovascular exercise and is considered as a low-impact workout device. The European stationary cycle market was valued at $124.8 million in 2014 and is estimated to grow to about $151.7 million by 2019, at a developing CAGR of 3.9% from 2014 to 2019.

The European stationary cycle market is driven by factors such as the growing health and fitness consciousness among people, the European increase in the prevalence of obesity, increasing number of diabetes & cardiac patients, increasing personal disposable income, and government initiatives to increase health & fitness awareness. High prevalence of obesity and its association with heart disease have driven a number of people towards healthier diets and regular exercise. Due to the growing number of people who opt for varied fitness measures, there is a steady increase in the number of fitness equipment, such as stationary cycles.

Emergence of new distribution channels, increasing health club (fitness centers) chains, and introduction of innovative products in the stationary cycle market further drive the growth of the European stationary cycle market. According to a recent survey, the U.K. is a country populated by the most obese people in Europe. In quite a few countries, the government is taking initiatives by raising funds and arranging conferences to increase awareness about maintaining health and fitness.

Key players in the European stationary cycle market are AGF (Taiwan), Bladez Fitness (Spain), Cybex International, Inc. (U.S.), Kettler (Germany), Nautilus, Inc. (U.S.), Life Fitness (U.S.), and others.

This market is segmented and forecasted on the basis of types and pricing of the European stationary cycle market. The products comprise of recumbent and upright cycles, while the products on the basis of pricing are segmented into premium and budget stationary cycles. The major end-users are Health Clubs, Vertical Markets (Hotels, Building segment, Corporate, Colleges & Universities, and Hospitals), and Home Fitness. The European stationary cycle market is further segmented and forecasted on the basis of major countries such as France, the U.K., Germany, Spain, Italy, Russia, and rest of the Europe.

This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market.

The statistics are given by Europe Stationary Cycle Market by Type, End-user & Geography – 2019.

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