Global Bike Trainer Market to Surpass USD 1804.63 Million By 2031| Growth Market Reports

News provided by

Jun 13, 2023, 10:10 ET

PUNE, India, June 13, 2023 /PRNewswire/ -- According to a recent market study published by Growth Market Reports, titled, "Global Bike Trainer Market Segments - By Product Type (Classic Bike Trainers, Smart Bike Trainers, Roller Bike Trainers/ Rollers), By Applications (Training, Fitness), By Distribution Channel (Online, Offline), By Resistant Types (Magnetic, Fluid, Direct Drive, Others), and Region: Size, Share, Trends and Opportunity Analysis, 2023-2031", the market size was USD 777.98 million in 2022 and is expected to surpass USD 1804.63 million expanding at a CAGR of 9.8% by the end of 2031. Growing consumer inclination towards home fitness equipment purchases is anticipated to fuel the market during the forecast period.

Key Market Players Profiled in the Report

Blackburn
ELITE
Garmin Ltd.
Kurt Manufacturing Company
Peloton Interactive, Inc.
Saris
Stages Cycling, LLC
TECHNOGYM S.p.A
Wahoo Fitness
Wattbike

Download PDF Sample here: https://growthmarketreports.com/request-sample/3919

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics. It provides an in-depth analysis of the market segments, which include product type, applications, distribution channel, resistant types, and competitor analysis.

This report also includes a complete analysis of industry players and covers their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping market players to expand their market share.

For Any Questions on This Report: https://growthmarketreports.com/enquiry-before-buying/3919

Segment Highlights:

On the basis of region, the global bike trainer market is classified as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is projected to dominate the global market owing to rising awareness about health and fitness in the region.

Asia Pacific is expected to be a rapidly growing region in the global market during the projected period, due to the increasing disposable income of people in the region.

To Buy the Complete Report: https://growthmarketreports.com/report/bike-trainer-market-global-industry-analysis

Key Takeaways from the Study:

Bike trainer sale is increased online due to the restriction of lockdown and fear of COVID-19.
Rising disposable income is expected to propel the market during the forecast period.
Increasing awareness about health and fitness is anticipated to fuel the market in the coming years.
Growing trend of cycling e-sports is likely to create lucrative opportunities for market players.
The classic bike trainers segment is projected to expand at the fastest CAGR during the forecast period owing to its low cost.
The training segment is anticipated to hold a major market share due to the growing use of bike trainers by professionals.
The online sales segment is expected to dominate the market during the forecast period, due to the lockdown in countries, mobility restrictions, and fear of going outside because of the COVID-19 pandemic.

Read 256 Pages Research Report with Detailed TOC on "Global Bike Trainer Market Segments - by Product Type (Classic Bike Trainers, Smart Bike Trainers, Roller Bike Trainers/ Rollers), By Applications (Training, Fitness), By Distribution Channel (Online, Offline), By Resistant Types (Magnetic, Fluid, Direct Drive, Others), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast, 2023 – 2031"

Get Full Access to this Report: https://growthmarketreports.com/checkout/3919

Key Segments Covered

Product Type

Classic Bike Trainers
Smart Bike Trainers
Roller Bike Trainers/ Rollers

Applications

Training
Fitness

Distribution Channel

Online
Offline

Resistant Types

Magnetic
Fluid
Direct Drive
Others

Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Other Related Reports:

Global Mountain Bike Jerseys Market Segments - by Types (Simpler Fabrics, UPF, and Others), Applications (Men Clothes, Women Clothes, and Children's Clothes), and Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020 – 2027
Global Premium Road Bikes Market by Type (1001-2000 USD Bikes, 2001-3000 USD Bikes, 3001-4000 USD Bikes, 4001-5000 USD Bikes, 5001-10000 USD Bikes, > 10000 USD Bikes), By Application (Amateur Bikes, Professional Bikes) And by Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030
Global Electric Bikes Market by Type (Pedal Assist, Throttle on Demand, Speed Pedelec, Moped or Motorcycle), By Application (Online, Offline), and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa), Forecast To 2028
Global Bike Tube & Tire Market by Type (Bike Tube, Bike Tire), By Application (City Bike, Road Bike, Mountain Bike, Other) and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa), Forecast From 2022 To 2030

About Growth Market Reports:

Growth Market Reports provides global enterprises as well as small & medium businesses with unmatched quality of "Market Research Reports" and "Industry Intelligence Solutions". Growth Market Reports has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, and secondary research & consumer surveys.

Contact:
Alex Mathews
7th Floor, Siddh Icon,
Baner Road, Pune.
Maharashtra – 411045. India.
Phone: +1 909 414 1393
Email: [email protected]
Web: https://growthmarketreports.com/
Twitter: https://twitter.com/growth_reports
LinkedIn: https://www.linkedin.com/company/growth-market-report/