North American stationary cycles Market Research Report 2022
- Report ID: 28329
- Date: Jun, 2022
- Pages: 242
- Category: Healthcare & Pharmaceuticals
The North America stationary cycle market is estimated to grow at a CAGR of 4.6% from 2021 to 2028. The market holds a high potential for growth in future due to a number of forces favoring this market. These include exponentially increasing disposable incomes of consumers. Government initiatives by raising funds, conducting conferences, as well as, arranging of community-based physical activity and healthy eating programs have been fuelling the market. However, the paucity of research & development (R&D) facilities, and deceptive marketing strategies and practices adopted by the players in the fitness equipment market to attract customers are obstructing the growth of this market. The shift of major health club chains towards the equipment retailing and the emergence of new distribution channels in the fitness industry provide numerous growth opportunities for the market players.
In this report, the North America stationary cycle market is broadly classified on the basis of product types, pricing of the equipment, and end-users. The products segment is classified into recumbent stationary cycle, and upright stationary cycle, among others. Based on the pricing of equipment, the North America stationary cycle market has been categorized into premium equipment and budget equipment. Based on end-users, the stationary cycle market is analyzed on vertical markets, health clubs, and the home fitness segment. For the geographical analysis, the market has been segmented into the U.S. and Canada.
The U.S. market commanded the larger share of 87.7% of the North America stationary cycle market in 2019, followed by Canada. As per the American Society for Aesthetic Plastic Surgery (ASAPS), about 313,011 liposuction procedures were performed in the United States in 2012. Nearly 37.5% adults in the U.S. are obese; this is expected to increase to 42% by 2030 (Centre for Disease Control and Prevention). Hence, with the increasing rate of obesity in the U.S., the market is projected to grow further.
The report has profiled the leading players of this market, along with the developments (New product launches, partnerships, agreements, collaborations, and joint ventures) done by the companies over the past few years and strategies adopted by them to sustain and strengthen their positions in the North America stationary cycle market. Advanced Group Fitness (U.S.), Bladez Fitness (U.S.), Cybex International, Inc. (U.S.), Nautilus, Inc. (U.S.), Life Fitness (U.S.), and Horizon Fitness (U.S.), are among the key players engaged in this market.
Reasons to Buy the Report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends and PEST analysis), market share analysis of top players, supply chain analysis, and company profiles, which together provide the basic views on the competitive landscape; usage patterns; emerging and high-growth segments of the stationary cycle market; the countries and their respective regulatory policies; government initiatives; and market drivers, restraints, and opportunities.
The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help the firms in garnering a greater share in the North American market. Firms purchasing the report could use any one or combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) for strengthening their market share.
The report provides insights on the following pointers:
• Product Analysis and development: Detailed insights on upcoming technologies, research & development activities, and new product launches in the North America stationary cycle market; usage pattern/penetration rate (in-depth trend analysis) of products (segment-wise) and purchasing data; and comprehensive coverage of product approvals, patent analysis, pipeline products and product recalls.
• Market Development: Comprehensive information about lucrative emerging markets, across geographies, new distribution channels, new clientele base, and different pricing policies.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments decisions in the stationary cycle market, along with a detailed description regarding the related and unrelated diversification pertaining to this market.
• Competitive Assessment: In-depth assessment of market shares, company share analysis of the key players forecasted till 2028
• Product/Brand Perception Analysis: Comprehensive study of customers’ perception and behavior through our inbuilt social connect tool (digital marketing language) checking the virality and tonality of blogs.
TABLE OF CONTENTS
1 INTRODUCTION 8
1.1 OBJECTIVES OF THE STUDY 8
1.2 MARKET SEGMENTATION & COVERAGE 9
1.3 STAKEHOLDERS 9
2 RESEARCH METHODOLOGY 10
2.1 INTEGRATED ECOSYSTEM OF STATIONARY CYCLES MARKET 10
2.2 ARRIVING AT THE STATIONARY CYCLES MARKET SIZE 11
2.2.1 TOP-DOWN APPROACH 11
2.2.2 MACRO INDICATOR-BASED APPROACH 12
2.3 ASSUMPTIONS 13
3 EXECUTIVE SUMMARY 14
4 MARKET OVERVIEW 16
4.1 INTRODUCTION 16
4.2 STATIONARY CYCLES MARKET: COMPARISON WITH PARENT MARKET 16
4.3 MARKET DRIVERS AND INHIBITORS 17
4.4 KEY MARKET DYNAMICS 18
5 NORTH AMERICA STATIONARY CYCLES MARKET, BY END-USER 20
5.1 STATIONARY CYCLES IN VERTICAL MARKETS, BY COUNTRY 22
5.2 STATIONARY CYCLES IN HOME, BY COUNTRY 24
6 NORTH AMERICA STATIONARY CYCLES MARKET, BY TYPE 25
6.1 INTRODUCTION 26
6.2 NORTH AMERICA STATIONARY CYCLES MARKET, TYPE COMPARISON WITH STATIONARY CYCLES MARKET 27
6.3 NORTH AMERICA RECUMBENT STATIONARY CYCLE MARKET, BY COUNTRY 28
6.4 NORTH AMERICA UPRIGHT STATIONARY CYCLES MARKET, BY COUNTRY 29
7 NORTH AMERICA STATIONARY CYCLES MARKET, BY COUNTRY 30
7.1 INTRODUCTION 31
7.2 U.S. STATIONARY CYCLES MARKET 32
7.2.1 U.S. STATIONARY CYCLES MARKET, BY TYPE 33
7.2.2 U.S. STATIONARY CYCLES MARKET, BY END-USER 34
7.2.3 U.S. STATIONARY CYCLES MARKET, BY PRICING OF EQUIPMENT 35
7.3 CANADA STATIONARY CYCLES MARKET 36
7.3.1 CANADA STATIONARY CYCLES MARKET, BY TYPE 36
7.3.2 CANADA STATIONARY CYCLES MARKET, BY END-USERS 37
7.3.3 CANADA STATIONARY CYCLES MARKET, BY PRICING OF EQUIPMENT 38
8 NORTH AMERICA STATIONARY CYCLES MARKET: COMPETITIVE LANDSCAPE 40
8.1 NEW AGREEMENTS 41
8.2 NEW PRODUCT LAUNCH 41
9 NORTH AMERICA STATIONARY CYCLES MARKET, BY COMPANY 43
9.1 CYBEX INTERNATIONAL, INC. 43
9.1.1 OVERVIEW 43
9.1.2 KEY FINANCIALS 43
9.1.3 PRODUCT AND SERVICE OFFERINGS 43
9.1.4 RELATED DEVELOPMENTS 44
9.2 HORIZON FITNESS 45
9.2.1 OVERVIEW 45
9.2.2 KEY FINANCIALS 45
9.2.3 PRODUCT AND SERVICE OFFERINGS 45
9.2.4 RELATED DEVELOPMENTS 47
9.3 ADVANCED FITNESS GROUP (AFG) 48
9.3.1 OVERVIEW 48
9.3.2 KEY FINANCIALS 48
9.3.3 PRODUCT AND SERVICE OFFERINGS 48
9.3.4 RELATED DEVELOPMENTS 48
9.4 NAUTILUS, INC. 49
9.4.1 OVERVIEW 49
9.4.2 KEY FINANCIALS 49
9.4.3 PRODUCT AND SERVICE OFFERINGS 49
9.4.4 RELATED DEVELOPMENTS 50
9.5 LIFE FITNESS 51
9.5.1 OVERVIEW 51
9.5.2 KEY FINANCIALS 51
9.5.3 PRODUCT AND SERVICE OFFERINGS 51
9.5.4 RELATED DEVELOPMENTS 52
9.6 BLADEZ FITNESS 53
9.6.1 OVERVIEW 53
9.6.2 KEY FINANCIALS 53
9.6.3 PRODUCT AND SERVICE OFFERINGS 53
9.6.4 RELATED DEVELOPMENTS 54
List of Figures
Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.
In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.
This research methodology has been segmented into following types:
Primary Research:
It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.
Secondary Research:
The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.
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It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.
Quantitative Research:
It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.
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