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Less Affected by the Epidemic, the Global Indoor Bike Trainer Industry Has a Good Development Trend in the Future

Indoor bike trainer is a kind of equipment which provides cycling training for professional and amateur riders by simulating all kinds of real situations that may be encountered in outdoor cycling with technical means. Indoor bike trainer can be divided into wind type, fluid type, magnetic type, direct drive type, roller type and smart type according to the different resistance devices in the system. They work as follows: 

Wind type, in which the cyclist powers a fan provides resistance; Magnetic, fixed resistance provided by magnetic flywheel in the device; Fluid, in which silicon within the unit offers resistance; Direct drive type, it does not use rear wheels. The bike is connected with the flywheel installed on the cycling platform through a chain and transmits power. The cycling platform generates a simulated feeling of rear wheel momentum through the built-in mass flywheel, and the rear flywheel keeps rolling until its inertia is exhausted when it stops pedaling. Roller type, completely different from the above four types, in which the unattached bike is balanced on top of three cylinders; Smart type, the trainer\'s resistance, incline and decline can let the users feel more realistic, and it can make live contact with interactive training so that the users can cycle with elite personal trainers. 

Each of these six types of products has its own characteristics. The wind type is the cheapest, but there will be significant noise in use; Magnetic trainers are economical and with low noise, but their fixed resistance is not ideal for many professional cyclists; Fluid trainers are quiet and with adjustable resistance, but they cost more; Direct drive trainers are largely successful in creating a more realistic sense of the road; The roller type, which requires precise pedal travel for balance, is difficult to control;  Smart trainer is the most practical and most expensive trainer. Among them, smart products are the most widely used and occupy the highest proportion of the market. In 2020, its market share was 37.45%. 

Global Indoor Bike Trainers Industry Market Status Analysis and Forecast

According to our research, the total revenue of the global indoor bicycle trainer market was $130.54 million in 2015, $174.11 million in 2019 and $179.46 million in 2020, with market revenue increasing year by year.  Based on this, we did a series of functional operations, calculated and analyzed the data from 2015 to 2020 with scientific model, and deduced the data for the next six years. Finally, we expect the indoor bike trainer market to be worth $266.36 million by 2026. From 2020 to 2026, the CAGR will be 7.71%.

View the full TOC at: https://www.globalmarketmonitor.com/reports/762539-indoor-bike-trainers-market-report.html

North America, the largest revenue market in this industry, saw its market share decline from 59.73% in 2015 to 55.72% in 2020. In 2020, The European region ranked second with a market share of 28.29%. In addition, the market for indoor bike trainers in Asia is expected to be a growing market. Its market share increased year by year from 8.67% in 2015 to 9.67% in 2019 and then to 10.05% in 2020. 

Less Affected by the Epidemic, the Global Indoor Bike Trainer Industry Has a Good Development Trend in the Future 

At the end of 2019 and the beginning of 2020, the COVID-19 Epidemic outbroke. And the development of many industries was severely affected by it. The indoor bike trainer industry was little affected, with total market revenue of $179.46 million in 2020, up from 2019. In addition, after the epidemic, people\'s health awareness has been enhanced to a certain extent, and more and more people pay attention to sports fitness, which will also promote the development of indoor bike trainer industry to a certain extent, so the industry has a good development trend in the future. 

The growth of the indoor bike trainer market is driven by the downstream demand market. As the global economy continues to develop and the population continues to increase, the demand will continue to increase.  The growing market demand has played a positive role in expanding the market for indoor bicycle trainers. At the same time, however, competition in new areas is likely to intensify. This could be a factor that holds back market growth. There are so many mature products in the market that it will be very difficult for new entrants to gain a foothold in the industry. Therefore, enterprises should improve product quality and set reasonable and competitive prices to highlight their advantages.

View the full TOC at: https://www.globalmarketmonitor.com/reports/762539-indoor-bike-trainers-market-report.html