Research focused on the Indoor Cycling Bike Market Size & Share,Analysis, Growth, Trends, and Forecast 2017 - 2025

"Indoor Cycling Bike Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025 " is the latest addition to MarketResearchReports.Biz industry research reports collection.

​The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.

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Indoor cycling bikes also known as spinning bikes are stationary bikes designed for exercise. Indoor cycling bikes are designed to simulate traditional cycling experiences without the need to travel outside. Paddles, saddles, seat, and weighted wheel are some of the basic features of indoor cycling bikes. Usually indoor cycling bikes come with various options to adjust the paddle resistance and seat height. Fitness service providers and fitness enthusiasts are primary buyers of indoor cycling bikes.
Extensive work at desks limits the muscle activity of a person. Cycling is a compound exercise which affects multiple muscle groups and increases muscle strength and flexibility. Cycling is also useful for weight loss. Many overweight people find it difficult to perform other heavy exercises such as running or weightlifting to reduce their weight and hence prefer cycling to achieve weight reduction. Some of the benefits of indoor cycling over traditional outdoor cycling are continuity in exercise, smooth ride, and indoor safety. In traditional outdoor cycling, a person needs to speed up or slow down according to the situation, which reduces the continuity in the exercise. Additionally, speed breakers and potholes create shock which is detrimental to the health of the spinal cord. In indoor cycling, it is possible to speed up or speed down as required. A person cycling indoor does not have to pay attention to the road; hence, he/she can use that time to do other tasks such as reading or watching TV.

Indoor cycling is also performed in groups where one instructor gives guideline to other people, or people match cycling rhythm with each other. In such situations, people can also interact with one other while performing the exercise. The social aspect of indoor cycling especially at fitness centers attracts more people to indoor cycling. Group indoor cycling creates a high demand for indoor cycling bikes as multiple users have to use multiple bikes at the same time instead of using a single or few bikes one after another.
Increased traffic and increased air pollution is a key driver of the indoor cycling bike market. The number of vehicles has increased substantially over the years, contributing to the increased traffic and increased air pollution in metro cities. Cycling in highly crowded areas or in heavy traffic areas is not a pleasant experience for most people. Hence, people prefer indoor cycling over outdoor cycling in heavy traffic areas or in highly polluted areas.

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Fitness awareness is another key driver of the indoor cycling market. In developing countries like China and India, increasing middle class income and increasing number of desk jobs has resulted in rapid growth of the fitness industry. Metro cities in these countries are heavily crowded and many streets in metro cities are not suitable for outdoor cycling. Hence, fitness service providers in these countries are increasingly providing indoor cycling facilities to their customers.
Investment by governments and fitness clubs to create cycling tracks is a prominent restraint for the global indoor cycling bikes market. Cycling tracks are especially designed for hassle free cycling and to drive comfortably on crowded roads. Live driving experience in well-designed tracks and surrounded by greenery is much preferred by people. Oxygen levels are usually high outside the building as compared to an indoor environment. Development of cycling tracks is expected to moderately affect the growth of Indoor cycling bikes in the near future.

On the basis of consumer type, the global indoor cycling bikes market can be divided into two segments, household consumers and business consumers. Many business consumers purchase multiple units of indoor cycling bikes.
The indoor cycling bike market is highly fragmented with numerous indoor cycling bike manufacturers. Some of the prominent players in the market include Keiser, Kenny-Joyce Co., Ltd, BH Fitness, Precor, Spinning, Forevefit, and Race Fitness Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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