U.S Indoor Cycling Market Size, Share, By Type (Upright Bike and Recumbent Bike), By Application (Household and Commercial) - Trends, Analysis and Forecast till 2034

Report Code: PMI545324 | Publish Date: July 2024 | No. of Pages: 168

Us Indoor Cycling Market Overview

U.S. Indoor Cycling Market Size was valued at USD 0.56 Billion in 2024 and is expected to reach USD 0.87 Billion by 2034 growing at a CAGR of 3.30%

The U.S. indoor cycling market represents a dynamic intersection of fitness innovation and wellness culture, characterized by a widespread embrace of high-energy workouts and cutting-edge technology. With boutique cycling studios and traditional fitness centers alike offering immersive classes led by motivational instructors, indoor cycling has transcended mere exercise to become a cultural phenomenon. This growth is underpinned by a societal shift towards prioritizing health and well-being, as individuals recognize the benefits of regular physical activity. Moreover, the integration of advanced technology, such as real-time performance tracking and interactive displays, has enhanced the indoor cycling experience, appealing to tech-savvy consumers seeking data-driven workouts. In this landscape of enthusiasm and innovation, the US indoor cycling market continues to thrive, offering opportunities for manufacturers, fitness entrepreneurs, and enthusiasts alike to engage in a dynamic and fulfilling fitness journey.

Us Indoor Cycling Market Dynamics

Key Drivers of Target Market:

Increased Gym and CrossFit Center

The rising number of gyms and CrossFit facilities in the area is one of the main drivers propelling the indoor cycling industry in the United States. Gyms and specialty fitness centers like CrossFit boxes are growing their services to accommodate a wide range of training tastes as fitness culture continues to gain traction. Because it can provide intense cardiovascular exercise in a regulated setting, indoor cycling has become a standard feature of many CrossFit centers and gyms. In addition to making indoor riding more accessible to a wider range of people, the growth of fitness centers is also driving up demand for specialty items like stationary cycles, cycling shoes, and accessories. In addition, modern indoor cycling studios and equipment are frequently purchased by gyms and CrossFit facilities to set themselves apart from the competition and draw members, which promotes innovation and market expansion. Consequently, the growing number of gyms and CrossFit centers acts as a major driving force behind the growth of the indoor cycling industry in the United States, supporting a vibrant community of training facilities, equipment makers, and lovers of fitness.

Technological Advancement

A key driving factor for the growth of the U.S. indoor cycling market is the continuous advancement of technology, which has revolutionized the indoor cycling experience and fueled its popularity. Technological innovations have transformed stationary bikes into sophisticated fitness equipment, offering users a highly immersive and personalized workout experience. Advanced features such as interactive displays, real-time performance tracking, and virtual training programs have made indoor cycling more engaging and effective than ever before. These technological advancements not only enhance motivation and enjoyment but also provide users with valuable data and feedback to track their progress and set new fitness goals. Furthermore, the integration of digital platforms and mobile applications has expanded access to indoor cycling beyond traditional fitness centers, allowing users to participate in virtual classes, compete with friends, and access on-demand workouts from the comfort of their homes. This accessibility and convenience appeal to a wide range of consumers, driving increased adoption of indoor cycling across the U.S. As technology continues to evolve, the U.S. indoor cycling market is poised for further growth, offering exciting opportunities for manufacturers, fitness facilities, and enthusiasts to innovate and thrive in this dynamic industry landscape.

Restrains:

Cost Constraint

The high initial cost needed for both people wishing to open indoor cycling studios and customers interested in buying equipment for home use is a major barrier to the U.S. indoor cycling sector. Setting up a fully functional indoor cycling studio may be expensive, requiring the renting of a space, and the purchase of stationary cycles, multimedia equipment, and facilities. Similarly, the initial outlay of money may discourage buyers from purchasing a top-notch stationary bike for usage at home.

For those who would like to add indoor cycling to their exercise regimen but are put off by the accompanying expenses, as well as for businesses wishing to enter the sector, this significant initial expenditure presents a barrier to entrance. Furthermore, given how competitive the fitness sector is, prospective investors need to give serious thought to elements like location, target market, and rivalry with other fitness facilities.

Us Indoor Cycling Market Segmentation

The market is segmented based on Type, and Application.

U.S. Indoor Cycling Market Report Scope:

Attribute

Details

Market Size 2024

USD 0.61 Billion

Projected Market Size 2034

USD 0.87 Billion

CAGR Growth Rate

3.30%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Upright Bike and Recumbent Bike

By Application - Household and Commercial

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study segmented the U.S. Indoor Cycling Market report based on Type, Application, and Country:

Segmentation:

By Type:

  • Upright Bike
  • Recumbent Bike   

By Application:

  • Household
  • Commercial

Us Indoor Cycling Market Key Players

The key players operating the U.S. Indoor Cycling Market includes Nautilus, Inc., LIFE FITNESS, INC., BIGLARI HOLDINGS INC., Technogym S.p.A., Cybex International Inc., Precor Incorporated company, STAR TRAC HEALTH & FITNESS, INC., StairMaster Sports/Medical, Inc., and GYM80 INTERNATIONAL GMBH, Kao Infosystems Company.

Us Indoor Cycling Market Company Profile

  • Nautilus, Inc. *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • LIFE FITNESS, INC.
  • BIGLARI HOLDINGS INC.
  • Technogym S.p.A.
  • Cybex International Inc.
  • Precor Incorporated company
  • STAR TRAC HEALTH & FITNESS, INC.
  • StairMaster Sports/Medical, Inc.
  • GYM80 INTERNATIONAL GMBH
  • Kao Infosystems Company

“*” marked represents similar segmentation in other categories in the respective section.

Us Indoor Cycling Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Country
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, By Type, Forecast Period Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Upright Bike
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Recumbent Bike
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Application, Forecast Period Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Household
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Commercial
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • LIFE FITNESS, INC.
  • BIGLARI HOLDINGS INC.
  • Technogym S.p.A.
  • Cybex International Inc.
  • Precor Incorporated company
  • STAR TRAC HEALTH & FITNESS, INC.
  • StairMaster Sports/Medical, Inc.
  • GYM80 INTERNATIONAL GMBH
  • Kao Infosystems Company

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

The U.S. Indoor Cycling Market is segmented into Type, and Application.

Technological advancement and an increased in the number of Gyms and Crossfit Centers.

The key players operating the U.S. Indoor Cycling Market includes Nautilus, Inc., LIFE FITNESS, INC., BIGLARI HOLDINGS INC., Technogym S.p.A., Cybex International Inc., Precor Incorporated company, STAR TRAC HEALTH & FITNESS, INC., StairMaster Sports/Medical, Inc., and GYM80 INTERNATIONAL GMBH, Kao Infosystems Company.