DUBLIN--(BUSINESS WIRE)--The "Exercise Bike Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to Research and Markets' offering.
The global exercise bike market reached a value of US$ 476 Million in 2016
The rising obesity rates are further anticipated to impel the demand for exercise bikes in the developed regions. Additionally, product innovations by manufacturers provide a positive thrust to the market growth. For instance, a bike allows the user to watch live stream videos on its screen while cycling in the studio.
It also allows the user to cycle through different landscapes around the world through virtual reality. Moreover, due to surging income levels, consumers are ready to spend more on their fitness by using the equipment privately at their own residence. This practice is boosting the demand for exercise bikes around the globe.
Owing to these factors, the market is expected to reach a value of US$ 575 Million by 2022, exhibiting a CAGR of more than 3% during 2017-2022.
Some of the key players operating in the market include Brunswick Corporation, Icon Health & Fitness, Inc., Nautilus, Precor and Technogym.
Key Topics Covered:
2 Scope and Methodology
3 Executive Summary
5 Global Exercise Bike Market
6 Market Breakup by Product Type
7 Market Breakup by Application
8 Market Breakup by Region
9 Exercise Bike Manufacturing Process
10 Competitive Landscape
- Brunswick Corporation
- Icon Health & Fitness, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/wwdz4c/exercise_bike