Global Adjustable or Fixed Weight Training Bench and Exercise Bike Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Adjustable or Fixed Weight Training Bench and Exercise Bike Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Adjustable or Fixed Weight Training Bench and Exercise Bike are common fitness equipment. Weight Training Bench is a common weight training equipment, and is mostly used for bench press. Exercise Bike is similar to a bicycle, but with resistance wheels instead of rubber tires.

Market Overview:

The latest research study on the global Adjustable or Fixed Weight Training Bench and Exercise Bike market finds that the global Adjustable or Fixed Weight Training Bench and Exercise Bike market reached a value of USD 3937.74 million in 2022. It’s expected that the market will achieve USD 6700.81 million by 2028, exhibiting a CAGR of 9.26% during the forecast period.

With the continuous development of science and technology, consumers have put forward higher requirements for entertainment, sharing, interactivity, science, safety and other aspects in the fitness process. The characteristics of intelligent fitness equipment are reflected in scientific fitness guidance, joint fitness data sharing with big data, safe and efficient fitness process, more interesting fitness process, and intuitive fitness effects. Intelligent fitness equipment has higher safety than traditional fitness equipment. It can grasp physical fitness in real time by sensing changes in physiological characteristics of the human body during exercise, such as blood pressure, muscle excitation, breathing rate, heart rate, speed, body temperature, gait and other parameters. It analyzes and processes the parameters and adjusts the control system in time to prevent unsuitable conditions or injuries during exercise. In general, smart fitness equipment provides more efficient fitness guidance methods for bodybuilders, and can monitor the user's physical condition in a timely manner.

People's health awareness continues to increase

With the development of the economy and the improvement of people's income level, people's disposable funds have gradually increased. People's basic needs are met and their lives become richer. As life becomes richer, people will pay more attention to their physical health and their health awareness will gradually increase. At the same time, modern people are under tremendous pressure in work and life, and fitness exercise has become one of the ways for people to relax. In particular, the psychological impact of the epidemic on people has made people pay more attention to their own health, and their fitness awareness has increased rapidly. Under the special conditions of the epidemic, diversified fitness scenarios such as outdoor fitness and home fitness have been established. Whether it is more independent outdoor/home fitness or increasing the frequency of gym use, it will directly or indirectly drive the growth of the Adjustable or Fixed Weight Training Bench and Exercise Bike industry.

Expand the company's brand influence

Brand influence refers to the ability of a brand to develop the market, occupy the market, and obtain profits. Brand influence has become an important factor influencing customers to choose Adjustable or Fixed Weight Training Bench and Exercise Bike. In the Adjustable or Fixed Weight Training Bench and Exercise Bike industry, for downstream customers such as individuals, medical centers, fitness centers, etc., brand influence will largely determine their choice of suppliers. Downstream customers choose big brands when choosing products, and often get better quality and service guarantees from big brands. Industry enterprises need to improve their own good product quality and delivery capabilities, win the continuous recognition of the company's brand from downstream customers, and achieve long-term cooperation and coordinated development. How to expand brand influence will be the challenge faced by industry enterprises.

Region Overview:

In global comparison, a significant portion of the revenue was generated in China (42.83% in 2021).

Company Overview:

Peloton is one of the major players operating in the Adjustable or Fixed Weight Training Bench and Exercise Bike market, holding a share of 55.28% in 2022.

Peloton

Peloton is an American fitness equipment and media company based in New York City. Peloton's main products are connected stationary bikes and treadmills that allow monthly subscribers to take classes remotely via streaming.

Icon

ICON Health and Fitness is a company that develops, manufactures and distributes connected fitness equipment and software. The company manufactures and distributes a series of cardiovascular and strength training products and connected fitness membership services to individuals and fitness centers. Icon brands include NordicTrak, HealthRider, ProForm, Image, Weslo, WeiderCare, JumpKing, Lifestyler and more.

Segmentation Overview:

Among different product types, Exercise Bike segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Household segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Adjustable or Fixed Weight Training Bench and Exercise Bike market covered in Chapter 3:

Panatta
CAP Barbell
Reebok
StairMaster
Jx Fitness
HOIST Fitness
Nortus Fitness
Peloton
LAROQ
Finer Form
Technogym
Life Fitness
Icon
Escape Fitness
Precor
Movement
Ntaifitness
Ativafit
Fitness Reality
Gym80 International GmbH
Decathlon
Nautilus
Rogue Europe
RitFit
Atlantis

In Chapter 4 and Chapter 14.2, on the basis of types, the Adjustable or Fixed Weight Training Bench and Exercise Bike market from 2018 to 2029 is primarily split into:

Adjustable or Fixed Weight Training Bench
Exercise Bike

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Adjustable or Fixed Weight Training Bench and Exercise Bike market from 2018 to 2029 covers:

GYM
Household
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)