Turbo Trainer Market Worth to Reach USD 545.50 million By 2027
Posted On July 12, 2021
The Global Turbo Trainer Market report evaluates the market revenue to reach USD 545.50 million mark in 2027. The CAGR is expected to be close to 5.5% from 2021 till the end of 2027 according to the newly published report by Value Market Research. The global turbo trainer market is anticipated to witness a significant growth owing to growing awareness about health and fitness among individuals, sedentary lifestyle and prevalence of obesity across the globe. Other factors driving the turbo trainer market are increasing adoption of turbo trainers, growing awareness about fitness training programs, increasing number of cycling enthusiasts and fitness centers and growing use of turbo trainers in commercial spaces. Furthermore, increasing R&D activities with focus on manufacturing turbo trainers using lightweight materials, growing number of ecommerce portals selling turbo trainers, rapid urbanization and increasing disposable income is anticipated to augment the demand for turbo trainers. However, high manufacturing cost will restrain turbo trainer market growth.
A turbo trainer is a stationary device that serves as an indoor trainer. It makes riding a bicycle possible even when it is in a static position. It is a great tool for indoor cycling with a realistic road feel due to the kind of resistance it provides. This type of trainer is commonly used for pre-race warm ups or when weather conditions outside is not suitable for riding. It is a good alternative to outdoor fitness training, as it allows someone to complete a workout session while staying indoors. This fitness equipment helps to build and improve bicycle skills in a highly controlled environment without any outdoor interruptions. Turbo trainers find application in health clubs, gyms, sports training centers, homes and also in institutes and corporate offices.
The market dynamics covered in the report "Global Turbo Trainer Market Report By Type (Classic Trainers, Smart Trainers), By End-User (Personal, Commercial [Gymnasium And Others]) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" gives a holistic scope of the market along with the market forecasts.
On the basis of type the market is segmented into Classic Trainers, Smart Trainers. By end-user the turbo trainer market is categorised as Personal, Commercial [Gymnasium and Others].Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. Each region is segregated into North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, and Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. This section provides the estimates of market by segment. This section provides the estimates of market by segment thus, providing valuable data to take strategic decisions.
The Report Segments Global Turbo Trainer Market -
- Classic Trainers
- Smart Trainers
- Commercial [Gymnasium and Others]
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Elite, Kurt Manufacturing, JetBlack Cycling, JetBlack Cycling, MINOURA Co., Ltd., and Taco B.V.
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