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Turbo Trainer Market

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Turbo Trainer Market

Turbo Trainer Market (Product Type: Wheel-on Turbo Trainer and Direct Drive Turbo Trainer; End User: Personal and Commercial [Gymnasium and Others]; Price Category: Below US$ 200, US$ 200-US$ 300, US$ 300-US$ 400, US$ 400-US$ 500, US$ 500-US$ 600, US$ 600-US$ 700, US$ 700-US$ 800, US$ 800-US$ 900, US$ 900-US$ 1,000, and Above US$ 1,000; and Distribution Channel: Online and Offline) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2030

Rise in Fitness Consciousness to Bolster Demand for Turbo Trainers

Over the past few years, the demand for fitness and training equipment has witnessed a considerable spike due to evolving consumer preferences. The global millennial population is increasingly opting to lead a healthier lifestyle due to which, the demand for turbo trainers is on the rise. Moreover, turbo trainers have emerged as an ideal training equipment, particularly for cyclists and fitness enthusiasts living in regions with hostile climatic conditions. The increasing popularity of cycling as a fitness activity is expected to have a strong impact on the overall development of the global turbo trainer market during the forecast period.

The significant rise in the number of amateur cyclists, cycling groups, and fitness influencers that are popularizing cycling are some of the main drivers for the turbo trainer market. At present, players operating in the current turbo trainer market are anticipated to focus on launching new products to establish a solid foothold in the current turbo trainer market landscape. Furthermore, with increasing demand for smart fitness products and equipment, market players are projected to integrate new technologies to improve the functions and features of their products.

At the back of these factors, along with the outbreak of the COVID-19 pandemic, the global turbo trainer market is on course to surpass the US$ 620 Mn by the end of 2030.

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Increase in Demand for Training Equipment to Augment Market Growth

The increasing awareness related to health and fitness among consumers around the world, mainly in developed regions such as North America and Europe is estimated to have a strong impact on the overall growth of the global turbo trainer market during the assessment period. A surge in the number of cycling enthusiasts in recent years has accelerated the demand for turbo trainers by a considerable margin– a trend that is expected to gain considerable momentum during the assessment period. In addition, as the number of cyclists around the world continues to move in the upward trajectory, market players operating in the current turbo trainer market landscape are increasingly focusing on enhancing the pedaling experience of end users.

Moreover, the increasing popularity of fitness equipment across educational institutes, commercial spaces, corporate offices, residential parks, sports training centers, and gymnasiums is another factor aiding turbo trainer market growth. The increasing adoption of turbo trainers for various fitness training programs is also projected to augment the demand for turbo trainers around the world.

Due to rise in demand, there is an increase in R&D activities with the focus on using lightweight materials to manufacture turbo trainers. This factor is expected to have a positive impact on the global sales of the global turbo trainer market.

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Market Players to Focus on Launch of New Products

Players operating in the current market for turbo trainers are expected to focus on the launch of new products to gain a competitive edge. For instance, in August 2020, Wahoo announced the launch of a newly developed turbo trainer with improved automatic calibration and accuracy. Similarly, in April 2020, Cyclist, in collaboration with Tacx, announced the launch of a new gravel riding turbo trainer for individuals who are unable to venture out to cycle during the ongoing COVID-19 pandemic. The boom of the indoor cycling sector is projected to have a strong impact on the global turbo trainer market during the assessment period, particularly in the first half due to the advent of the COVID-19 pandemic.

Demand Soars amid Ongoing Pandemic

Due to the outbreak of the COVID-19 pandemic, the demand for indoor cycling equipment has witnessed a considerable spike in 2020. Stringent lockdown restrictions coupled with limitations on transportation have played a key role in augmenting the demand for indoor cycling equipment, including turbo trainers during the ongoing COVID-19 crisis. A number of market players is anticipated to increase their sales via online platforms and focus on curating effective digital marketing strategies to enhance brand visibility. While offline sales are projected to take a dip, online sales are set to spike particularly in the first half of the assessment period.

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Analysts’ Viewpoint

The global turbo trainer market is expected to expand at a moderate CAGR of 5.5% during the forecast period. The market growth can be primarily attributed to a host of factors including increase in the number of cycle enthusiasts around the world, rise in popularity of cycling as a fitness activity, high awareness pertaining to the benefits of cycling, and growth in the number of health and fitness conscious individuals. Market players are expected to focus on expanding their product portfolio and increase sales via online platforms during the ongoing COVID-19 pandemic.

Turbo Trainer Market: Overview

  • According to the latest market report published by Transparency Market Research on the turbo trainer market for the period 2020–2030 (wherein 2020 to 2030 is the forecast period and 2019 is the base year, rising demand for training equipment across the globe is expected to drive the turbo trainer market
  • Globally, revenue generated by the turbo trainer market accounted for ~US$ 391 Mn in 2019, which is expected to expand at a CAGR of 5.5% in terms of value during the forecast period

Rising Demand for Training Equipment: Key Driver of Turbo Trainer Market

  • Rising awareness among users about their health and improving cycling performance have encouraged them to opt for turbo trainers. Moreover, rising number of cycling enthusiasts in recent years is gaining demand for turbo trainers for a better indoor pedaling experience. Furthermore, growing popularity of fitness equipment in commercial spaces such as institutions, corporates, residential parks, gymnasium centers, and sports training centers is likely to drive the demand for turbo trainers over the next few years. Increasing awareness about cycling as an exercise among users is influencing them to opt for turbo trainers. In addition, increasing number of professional cyclists, spending power of users, and urbanization, along with rising number of youth participating in sports activities is influencing the growth of the turbo trainer market.  The rising popularity of turbo trainers in fitness training programs and its ability to perform with multi-functional systems is also likely to accelerate the demand in the near future.

Developments in Indoor Cycling and Training Equipment Offer Significant Opportunities for Turbo Trainer Market

  • The popularity of turbo trainers is increasing due to growing urbanization, rising number of cyclists, and fitness training programs. Some of the other reasons that help drive the demand for turbo trainers are investment in R&D activities to develop technologically advanced equipment and supportive training facility initiatives. Moreover, rising fitness consciousness among users is leading to preference for turbo trainers. Increasing number of professional cyclists, along with commercial fitness centers is an opportunity for the growth of the turbo trainer market. In addition, suppliers may also collaborate with commercial fitness centers and gymnasiums in order to meet their requirements by providing customized solutions in bulk quantity. These are the factors that are opportunities for the growth of the turbo trainer market in the upcoming years.

Demand for Turbo Trainers with Higher Frame Strength & Lightweight Product: Key Trend of Market

  • The latest trend is increasing use of turbo trainers in the commercial sector, which positively impacts the growth of the turbo trainer market. Rising popularity of smart turbo trainers is also seen among users.
  • Growing eCommerce platforms for the sale of turbo trainers during the COVID-19 situation is expected to encourage market growth

Economic Slowdown to Hamper Growth of Turbo Trainer Market

  • The spread of coronavirus has led to lockdown in many countries, thus affecting the consumer spending power. The lockdown has resulted in the shutdown of major social networks, which has led to economic slowdown. Decline in production activities across various industries around the world will act as a restraint to the global turbo trainer market.
  • Another factor that might act as a restraint to the market is the growing geo political tension, which affects the supply chain cycle and increases trade barriers. Massive slowing of the supply chain, falling business confidence, stock market volatility, growing panic among the population, and uncertainty about the future are likely to restrain the turbo trainer market during the forecast period.

Turbo Trainer Market: Competition Landscape

  • Detailed profiles of manufacturers of turbo trainer have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Key players operating in the turbo trainer market include
    • Elite
    • JetBlack Cycling,
    • Kurt Manufacturing,
    • Taco B.V.
    • MINOURA Co., Ltd.

Turbo Trainer Market: Key Developments

  • Prominent players in the turbo trainer market are increasing investment on innovative products to fulfill the needs of end users. Manufacturers are also planning to expand their product range and presence in various geographies through mergers & acquisitions and tie-ups with local indoor fitness equipment providers.
  • In April 2020, Garmin Ltd. completed the strategic acquisition of Tacx B.V., a privately held Dutch company that designs and manufactures indoor bike trainers, tools, and accessories as well as indoor training software and applications

Turbo Trainer Market – Segmentation

TMR’s study on the global turbo trainer market includes information categorized into five sections ? product type, end user, price category, distribution channel, and region. Changing industry trends and other crucial market dynamics associated with these sections of the turbo trainer market have been discussed in detail.

Product Type
  • Wheel-on Turbo Trainer
  • Direct Drive Turbo Trainer

End User
  • Personal
  • Commercial
  • Gymnasium
  • Others

Price Category
  • Below US$ 200
  • US$ 200-US$ 300
  • US$ 300-US$ 400
  • US$ 400-US$ 500
  • US$ 500-US$ 600
  • US$ 600-US$ 700
  • US$ 700-US$ 800
  • US$ 800-US$ 900
  • US$ 900-US$ 1,000
  • Above US$ 1,000

Distribution Channel
  • Online
    • Company Website
    • eCommerce Website
  • Offline
    • Specialty Stores
    • Hypermarkets & Supermarkets
    • Others

Region
  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America

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Frequently Asked Questions

What is the Turbo Trainer Market size?

Turbo Trainer Market is projected to reach US$ 620 mn by 2030

Who are the key players in the Turbo Trainer Market?

Elite, JetBlack Cycling, Kurt Manufacturing, Taco B.V..,MINOURA Co., Ltd. few of the key vendors in the Turbo Trainer Market.

What is the CAGR for Turbo Trainer Market?

The Turbo Trainer Market is expected to grow at a CAGR of 5.5% during 2020 -2030

What are the segments covered in the Turbo Trainer Market Report?

Turbo Trainer product type, end user, price category, distribution channel, and region.

Which Region Lead Turbo Trainer Market?

North America Takes Lead in the Turbo Trainer Market

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions

3. Research Methodology

4. Executive Summary

5. Market Overview

    5.1. Introduction

    5.2. Market Dynamics

        5.2.1. Drivers

        5.2.2. Restraints

        5.2.3. Opportunities

    5.3. Key Trends Analysis

        5.3.1. Demand Side Analysis

        5.3.2. Supply Side Analysis

    5.4. Key Market Indicators

        5.4.1. Bicycle Industry Overview

    5.5. Porter’s Five Forces Analysis

    5.6. Value Chain Analysis

    5.7. Industry SWOT Analysis

    5.8. Raw Price Category Analysis

    5.9. Global Turbo Trainer Market Analysis and Forecast, 2018 - 2030

        5.9.1. Market Revenue Projections (US$ Mn)

        5.9.2. Market Revenue Projections (Thousand Units)

6. Global Turbo Trainer Market Analysis and Forecast, By Product Type

    6.1. Global Turbo Trainer Market (US$ Mn and Thousand Units) Forecast, By Product Type, 2018 - 2030

        6.1.1. Wheel-On Turbo Trainer

        6.1.2. Direct Drive Turbo Trainer

    6.2. Incremental Opportunity, By Product Type

7. Global Turbo Trainer Market Analysis and Forecast, By Price Category

    7.1. Global Turbo Trainer Market (US$ Mn and Thousand Units) Forecast, By Price Category, 2018 - 2030

        7.1.1. Below US$ 200

        7.1.2. US$ 200 – US$ 300

        7.1.3. US$ 300 – US$ 400

        7.1.4. US$ 400 – US$ 500

        7.1.5. US$ 500 – US$ 600

        7.1.6. US$ 600 – US$ 700

        7.1.7. US$ 700 – US$ 800

        7.1.8. US$ 800 – US$ 900

        7.1.9. US$ 900 – US$ 1,000

        7.1.10. Above US$ 1,000  

    7.2. Incremental Opportunity, By Price Category

8. Global Turbo Trainer Market Analysis and Forecast, By End-user

    8.1. Global Turbo Trainer Market (US$ Mn and Thousand Units) Forecast, By End-user, 2018 - 2030

        8.1.1. Personal

        8.1.2. Commercial

            8.1.2.1. Gymnasium

            8.1.2.2. Others

    8.2. Incremental Opportunity, By End-user

9. Global Turbo Trainer Market Analysis and Forecast, By Distribution Channel

    9.1. Global Turbo Trainer Market (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2018 - 2030

        9.1.1. Offline

            9.1.1.1. Specialty Stores

            9.1.1.2. Hypermarket/Supermarket

            9.1.1.3. Others

        9.1.2. Online

            9.1.2.1. Company-owned Websites

            9.1.2.2. E-commerce Websites

    9.2. Incremental Opportunity, By Distribution Channel

10. Global Turbo Trainer Market Analysis and Forecast, by Region

    10.1. Global Turbo Trainer Market (US$ Mn and Thousand Units), by Region, 2018 - 2030

        10.1.1. North America

        10.1.2. Europe

        10.1.3. Asia Pacific

        10.1.4. Middle East & Africa

        10.1.5. South America

    10.2. Global Incremental Opportunity, by Region

11. North America Turbo Trainer Market Analysis and Forecast

    11.1. Regional Snapshot

    11.2. Key Trend Analysis

        11.2.1. Demand Side

        11.2.2. Supply Side

    11.3. Covid-19 Impact Analysis

        11.3.1. Cost Impact due to COVID-19

        11.3.2. Change in Consumer Attitude

        11.3.3. Regulatory Framework

        11.3.4. Government Stimulus Measures for the Industry

    11.4. Demographic Overview

    11.5. Brand Analysis

    11.6. Consumer Buying Behavior Analysis

        11.6.1. Preferred  Product Type

        11.6.2. Preferred Mode of Purchase (Offline/Online)

        11.6.3. Average Spending

    11.7. Price Trend Analysis

        11.7.1. Weighted Average Selling Price ($)

    11.8. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Product Type, 2018 - 2030

        11.8.1. Wheel-On Turbo Trainer

        11.8.2. Direct Drive Turbo Trainer

    11.9. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Price Category, 2018 - 2030

        11.9.1. Below US$ 200

        11.9.2. US$ 200 – US$ 300

        11.9.3. US$ 300 – US$ 400

        11.9.4. US$ 400 – US$ 500

        11.9.5. US$ 500 – US$ 600

        11.9.6. US$ 600 – US$ 700

        11.9.7. US$ 700 – US$ 800

        11.9.8. US$ 800 – US$ 900

        11.9.9. US$ 900 – US$ 1,000

        11.9.10. Above US$ 1,000

    11.10. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2018 - 2030

        11.10.1. Personal

        11.10.2. Commercial

            11.10.2.1. Gymnasium

            11.10.2.2. Others

    11.11. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2018 - 2030

        11.11.1. Offline

            11.11.1.1. Specialty Stores

            11.11.1.2. Hypermarket/Supermarket

            11.11.1.3. Others

        11.11.2. Online

            11.11.2.1. Company-owned  Websites

            11.11.2.2. E-commerce  Websites

    11.12. Turbo Trainer Market Size (US$ Mn & Thousand Units), by Country & Sub-region, 2018 - 2030

        11.12.1. U.S.

        11.12.2. Canada

        11.12.3. Rest of North America

    11.13. Incremental Opportunity Analysis

12. Europe Turbo Trainer Market Analysis and Forecast

    12.1. Regional Snapshot

    12.2. Key Trend Analysis

        12.2.1. Demand Side

        12.2.2. Supply Side

    12.3. Covid-19 Impact Analysis

        12.3.1. Cost Impact due to COVID-19

        12.3.2. Change in Consumer Attitude

        12.3.3. Regulatory Framework

        12.3.4. Government Stimulus Measures for the Industry

    12.4. Demographic Overview

    12.5. Brand Analysis

    12.6. Consumer Buying Behavior Analysis

        12.6.1. Preferred  Product Type

        12.6.2. Preferred Mode of Purchase (Offline/Online)

        12.6.3. Average Spending

    12.7. Price Trend Analysis

        12.7.1. Weighted Average Selling Price ($)

    12.8. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Product Type, 2018 - 2030

        12.8.1. Wheel-On Turbo Trainer

        12.8.2. Direct Drive Turbo Trainer

    12.9. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Price Category, 2018 - 2030

        12.9.1. Below US$ 200

        12.9.2. US$ 200 – US$ 300

        12.9.3. US$ 300 – US$ 400

        12.9.4. US$ 400 – US$ 500

        12.9.5. US$ 500 – US$ 600

        12.9.6. US$ 600 – US$ 700

        12.9.7. US$ 700 – US$ 800

        12.9.8. US$ 800 – US$ 900

        12.9.9. US$ 900 – US$ 1,000

        12.9.10. Above US$ 1,000

    12.10. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2018 - 2030

        12.10.1. Personal

        12.10.2. Commercial

            12.10.2.1. Gymnasium

            12.10.2.2. Others

    12.11. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2018 - 2030

        12.11.1. Offline

            12.11.1.1. Specialty Stores

            12.11.1.2. Hypermarket/Supermarket

            12.11.1.3. Others

        12.11.2. Online

            12.11.2.1. Company-owned  Websites

            12.11.2.2. E-commerce  Websites

    12.12. Turbo Trainer Market Size (US$ Mn & Thousand Units), by Country & Sub-region, 2018 - 2030

        12.12.1. Germany

        12.12.2. U.K.

        12.12.3. France

        12.12.4. Rest of  Europe

    12.13. Incremental Opportunity Analysis

13. Asia Pacific Turbo Trainer Market Analysis and Forecast

    13.1. Regional Snapshot

    13.2. Key Trend Analysis

        13.2.1. Demand Side

        13.2.2. Supply Side

    13.3. Covid-19 Impact Analysis

        13.3.1. Cost Impact due to COVID-19

        13.3.2. Change in Consumer Attitude

        13.3.3. Regulatory Framework

        13.3.4. Government Stimulus Measures for the Industry

    13.4. Demographic Overview

    13.5. Brand Analysis

    13.6. Consumer Buying Behavior Analysis

        13.6.1. Preferred Product Type

        13.6.2. Preferred Mode of Purchase (Offline/Online)

        13.6.3. Average Spending

    13.7. Price Trend Analysis

        13.7.1. Weighted Average Selling Price ($)

    13.8. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Product Type, 2018 - 2030

        13.8.1. Wheel-On Turbo Trainer

        13.8.2. Direct Drive Turbo Trainer

    13.9. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Price Category, 2018 - 2030

        13.9.1. Below US$ 200

        13.9.2. US$ 200 – US$ 300

        13.9.3. US$ 300 – US$ 400

        13.9.4. US$ 400 – US$ 500

        13.9.5. US$ 500 – US$ 600

        13.9.6. US$ 600 – US$ 700

        13.9.7. US$ 700 – US$ 800

        13.9.8. US$ 800 – US$ 900

        13.9.9. US$ 900 – US$ 1,000

        13.9.10. Above US$ 1,000

    13.10. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2018 - 2030

        13.10.1. Personal

        13.10.2. Commercial

            13.10.2.1. Gymnasium

            13.10.2.2. Others

    13.11. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2018 - 2030

        13.11.1. Offline

            13.11.1.1. Specialty Stores

            13.11.1.2. Hypermarket/Supermarket

            13.11.1.3. Others

        13.11.2. Online

            13.11.2.1. Company-owned  Websites

            13.11.2.2. E-commerce  Websites

    13.12. Turbo Trainer Market Size (US$ Mn & Thousand Units), by Country & Sub-region, 2018 - 2030

        13.12.1. China

        13.12.2. India

        13.12.3. Japan

        13.12.4. Rest of Asia Pacific

    13.13. Incremental Opportunity Analysis

14. Middle East & Africa Turbo Trainer Market Analysis and Forecast

    14.1. Regional Snapshot

    14.2. Key Trend Analysis

        14.2.1. Demand Side

        14.2.2. Supply Side

    14.3. Covid-19 Impact Analysis

        14.3.1. Cost Impact due to COVID-19

        14.3.2. Change in Consumer Attitude

        14.3.3. Regulatory Framework

        14.3.4. Government Stimulus Measures for the Industry

    14.4. Demographic Overview

    14.5. Brand Analysis

    14.6. Consumer Buying Behavior Analysis

        14.6.1. Preferred Product Type

        14.6.2. Preferred Mode of Purchase (Offline/Online)

        14.6.3. Average Spending

    14.7. Price Trend Analysis

        14.7.1. Weighted Average Selling Price ($)

    14.8. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Product Type, 2018 - 2030

        14.8.1. Wheel-On Turbo Trainer

        14.8.2. Direct Drive Turbo Trainer

    14.9. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Price Category, 2018 - 2030

        14.9.1. Below US$ 200

        14.9.2. US$ 200 – US$ 300

        14.9.3. US$ 300 – US$ 400

        14.9.4. US$ 400 – US$ 500

        14.9.5. US$ 500 – US$ 600

        14.9.6. US$ 600 – US$ 700

        14.9.7. US$ 700 – US$ 800

        14.9.8. US$ 800 – US$ 900

        14.9.9. US$ 900 – US$ 1,000

        14.9.10. Above US$ 1,000

    14.10. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2018 - 2030

        14.10.1. Personal

        14.10.2. Commercial

            14.10.2.1. Gymnasium

            14.10.2.2. Others

    14.11. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2018 - 2030

        14.11.1. Offline

            14.11.1.1. Specialty Stores

            14.11.1.2. Hypermarket/Supermarket

            14.11.1.3. Others

        14.11.2. Online

            14.11.2.1. Company-owned  Websites

            14.11.2.2. E-commerce  Websites

    14.12. Turbo Trainer Market Size (US$ Mn & Thousand Units), by Country & Sub-region, 2018 - 2030

        14.12.1. GCC

        14.12.2. South Africa

        14.12.3. Rest of Middle East & Africa

    14.13. Incremental Opportunity Analysis

15. South America Turbo Trainer Market Analysis and Forecast

    15.1. Regional Snapshot

    15.2. Key Trend Analysis

        15.2.1. Demand Side

        15.2.2. Supply Side

    15.3. Covid-19 Impact Analysis

        15.3.1. Cost Impact due to COVID-19

        15.3.2. Change in Consumer Attitude

        15.3.3. Regulatory Framework

        15.3.4. Government Stimulus Measures for the Industry

    15.4. Demographic Overview

    15.5. Brand Analysis

    15.6. Consumer Buying Behavior Analysis

        15.6.1. Preferred Product Type

        15.6.2. Preferred Mode of Purchase (Offline/Online)

        15.6.3. Average Spending

    15.7. Price Trend Analysis

        15.7.1. Weighted Average Selling Price ($)

    15.8. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Product Type, 2018 - 2030

        15.8.1. Wheel-On Turbo Trainer

        15.8.2. Direct Drive Turbo Trainer

    15.9. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Price Category, 2018 - 2030

        15.9.1. Below US$ 200

        15.9.2. US$ 200 – US$ 300

        15.9.3. US$ 300 – US$ 400

        15.9.4. US$ 400 – US$ 500

        15.9.5. US$ 500 – US$ 600

        15.9.6. US$ 600 – US$ 700

        15.9.7. US$ 700 – US$ 800

        15.9.8. US$ 800 – US$ 900

        15.9.9. US$ 900 – US$ 1,000

        15.9.10. Above US$ 1,000

    15.10. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By End-user, 2018 - 2030

        15.10.1. Personal

        15.10.2. Commercial

            15.10.2.1. Gymnasium

            15.10.2.2. Others

    15.11. Turbo Trainer Market Size (US$ Mn & Thousand Units) Forecast, By Distribution Channel, 2018 - 2030

        15.11.1. Offline

            15.11.1.1. Specialty Stores

            15.11.1.2. Hypermarket/Supermarket

            15.11.1.3. Others

        15.11.2. Online

            15.11.2.1. Company-owned  Websites

            15.11.2.2. E-commerce  Websites

    15.12. Turbo Trainer Market Size (US$ Mn & Thousand Units), by Country & Sub-region, 2018 - 2030

        15.12.1. Brazil

        15.12.2. Rest of South America

    15.13. Incremental Opportunity Analysis

16. Competition Landscape

    16.1. Market Player – Competition Dashboard

    16.2. Market Revenue Share Analysis (%), (2019)

    16.3. Responding to the COVID-19 Scenario

        16.3.1. Potential Partnerships

        16.3.2. Business Expansions

        16.3.3. New Markets

    16.4. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Product Portfolio, Revenue, Strategy & Business Overview)

        16.4.1. ELITE

            16.4.1.1. Company Overview

            16.4.1.2. Sales Area/Geographical Presence

            16.4.1.3. Product Portfolio

            16.4.1.4. Revenue

            16.4.1.5. Strategy & Business Overview

        16.4.2. JetBlack Cycling

            16.4.2.1. Company Overview

            16.4.2.2. Sales Area/Geographical Presence

            16.4.2.3. Product Portfolio

            16.4.2.4. Revenue

            16.4.2.5. Strategy & Business Overview

        16.4.3. Kurt Manufacturing

            16.4.3.1. Company Overview

            16.4.3.2. Sales Area/Geographical Presence

            16.4.3.3. Product Portfolio

            16.4.3.4. Revenue

            16.4.3.5. Strategy & Business Overview

        16.4.4. MINOURA JAPAN

            16.4.4.1. Company Overview

            16.4.4.2. Sales Area/Geographical Presence

            16.4.4.3. Product Portfolio

            16.4.4.4. Revenue

            16.4.4.5. Strategy & Business Overview

        16.4.5. Tacx B.V.

            16.4.5.1. Company Overview

            16.4.5.2. Sales Area/Geographical Presence

            16.4.5.3. Product Portfolio

            16.4.5.4. Revenue

            16.4.5.5. Strategy & Business Overview

        16.4.6. Technogym s.p.a.

            16.4.6.1. Company Overview

            16.4.6.2. Sales Area/Geographical Presence

            16.4.6.3. Product Portfolio

            16.4.6.4. Revenue

            16.4.6.5. Strategy & Business Overview

        16.4.7. Wahoo Fitness L.L.C.

            16.4.7.1. Company Overview

            16.4.7.2. Sales Area/Geographical Presence

            16.4.7.3. Product Portfolio

            16.4.7.4. Revenue

            16.4.7.5. Strategy & Business Overview

        16.4.8. Wattbike Atom

            16.4.8.1. Company Overview

            16.4.8.2. Sales Area/Geographical Presence

            16.4.8.3. Product Portfolio

            16.4.8.4. Revenue

            16.4.8.5. Strategy & Business Overview

        16.4.9. Stages Indoor Cycling LLC

            16.4.9.1. Company Overview

            16.4.9.2. Sales Area/Geographical Presence

            16.4.9.3. Product Portfolio

            16.4.9.4. Revenue

            16.4.9.5. Strategy & Business Overview

        16.4.10. Cannondale Bicycle Corporation (Cycling Sports Group, Inc.)

            16.4.10.1. Company Overview

            16.4.10.2. Sales Area/Geographical Presence

            16.4.10.3. Product Portfolio

            16.4.10.4. Revenue

            16.4.10.5. Strategy & Business Overview

17. Key Takeaways

    17.1. Identification of Potential Market Spaces

        17.1.1. Product Type

        17.1.2. Price Category

        17.1.3. End-user

        17.1.4. Geography

    17.2. Understanding the Buying Process of Customers

        17.2.1. Preferred Price Category

        17.2.2. Preferred Mode of Buying Turbo Trainer

        17.2.3. Preferred Pricing

        17.2.4. Target Audience

    17.3. Prevailing Market Risks

    17.4. Preferred Sales & Marketing Strategy

List of Tables

Table 1: Global Turbo Trainer Market Volume Size & Forecast, By Product Type, Thousand Units, 2018-2030

Table 2: Global Turbo Trainer Market Value Size & Forecast, By Product Type, US$ Mn, 2018-2030

Table 3: Global Turbo Trainer Market Volume Size & Forecast, By End-user, Thousand Units, 2018-2030

Table 4: Global Turbo Trainer Market Value Size & Forecast, By End-user, US$ Mn, 2018-2030

Table 5: Global Turbo Trainer Market Volume Size & Forecast, By Price Category, Thousand Units, 2018-2030

Table 6: Global Turbo Trainer Market Value Size & Forecast, By Price Category, US$ Mn, 2018-2030

Table 7: Global Turbo Trainer Market Volume Size & Forecast, By Distribution Channel, Thousand Units, 2018-2030

Table 8: Global Turbo Trainer Market Value Size & Forecast, By Distribution Channel, US$ Mn, 2018-2030

Table 9: Global Turbo Trainer Market Volume Size & Forecast, by Region, Thousand Units, 2018-2030

Table 10: Global Turbo Trainer Market Value Size & Forecast, by Region, US$ Mn, 2018-2030

Table 11: North America Turbo Trainer Market Volume Size & Forecast, By Product Type, Thousand Units, 2018-2030

Table 12: North America Turbo Trainer Market Value Size & Forecast, By Product Type, US$ Mn, 2018-2030

Table 13: North America Turbo Trainer Market Volume Size & Forecast, By End-user, Thousand Units, 2018-2030

Table 14: North America Turbo Trainer Market Value Size & Forecast, By End-user, US$ Mn, 2018-2030

Table 15: North America Turbo Trainer Market Volume Size & Forecast, By Price Category, Thousand Units, 2018-2030

Table 16: North America Turbo Trainer Market Value Size & Forecast, By Price Category, US$ Mn, 2018-2030

Table 17: North America Turbo Trainer Market Volume Size & Forecast, By Distribution Channel, Thousand Units, 2018-2030

Table 18: North America Turbo Trainer Market Value Size & Forecast, By Distribution Channel, US$ Mn, 2018-2030

Table 19: North America Turbo Trainer Market Volume Size & Forecast, by Country, Thousand Units, 2018-2030

Table 20: North America Turbo Trainer Market Value Size & Forecast, by Country, US$ Mn, 2018-2030

Table 21: Europe Turbo Trainer Market Volume Size & Forecast, By Product Type, Thousand Units, 2018-2030

Table 22: Europe Turbo Trainer Market Value Size & Forecast, By Product Type, US$ Mn, 2018-2030

Table 23: Europe Turbo Trainer Market Volume Size & Forecast, By End-user, Thousand Units, 2018-2030

Table 24: Europe Turbo Trainer Market Value Size & Forecast, By End-user, US$ Mn, 2018-2030

Table 25: Europe Turbo Trainer Market Volume Size & Forecast, By Price Category, Thousand Units, 2018-2030

Table 26: Europe Turbo Trainer Market Value Size & Forecast, By Price Category, US$ Mn, 2018-2030

Table 27: Europe Turbo Trainer Market Volume Size & Forecast, By Distribution Channel, Thousand Units, 2018-2030

Table 28: Europe Turbo Trainer Market Value Size & Forecast, By Distribution Channel, US$ Mn, 2018-2030

Table 29: Europe Turbo Trainer Market Volume Size & Forecast, by Country, Thousand Units, 2018-2030

Table 30: Europe Turbo Trainer Market Value Size & Forecast, by Country, US$ Mn, 2018-2030

Table 31: Asia Pacific Turbo Trainer Market Volume Size & Forecast, By Product Type, Thousand Units, 2018-2030

Table 32: Asia Pacific Turbo Trainer Market Value Size & Forecast, By Product Type, US$ Mn, 2018-2030

Table 33: Asia Pacific Turbo Trainer Market Volume Size & Forecast, By End-user, Thousand Units, 2018-2030

Table 34: Asia Pacific Turbo Trainer Market Value Size & Forecast, By End-user, US$ Mn, 2018-2030

Table 35: Asia Pacific Turbo Trainer Market Volume Size & Forecast, By Price Category, Thousand Units, 2018-2030

Table 36: Asia Pacific Turbo Trainer Market Value Size & Forecast, By Price Category, US$ Mn, 2018-2030

Table 37: Asia Pacific Turbo Trainer Market Volume Size & Forecast, By Distribution Channel, Thousand Units, 2018-2030

Table 38: Asia Pacific Turbo Trainer Market Value Size & Forecast, By Distribution Channel, US$ Mn, 2018-2030

Table 39: Asia Pacific Turbo Trainer Market Volume Size & Forecast, by Country, Thousand Units, 2018-2030

Table 40: Asia Pacific Turbo Trainer Market Value Size & Forecast, by Country, US$ Mn, 2018-2030

Table 41: Middle East & Africa Turbo Trainer Market Volume Size & Forecast, By Product Type, Thousand Units, 2018-2030

Table 42: Middle East & Africa Turbo Trainer Market Value Size & Forecast, By Product Type, US$ Mn, 2018-2030

Table 43: Middle East & Africa Turbo Trainer Market Volume Size & Forecast, By End-user, Thousand Units, 2018-2030

Table 44: Middle East & Africa Turbo Trainer Market Value Size & Forecast, By End-user, US$ Mn, 2018-2030

Table 45: Middle East & Africa Turbo Trainer Market Volume Size & Forecast, By Price Category, Thousand Units, 2018-2030

Table 46: Middle East & Africa Turbo Trainer Market Value Size & Forecast, By Price Category, US$ Mn, 2018-2030

Table 47: Middle East & Africa Turbo Trainer Market Volume Size & Forecast, By Distribution Channel, Thousand Units, 2018-2030

Table 48: Middle East & Africa Turbo Trainer Market Value Size & Forecast, By Distribution Channel, US$ Mn, 2018-2030

Table 49: Middle East & Africa Turbo Trainer Market Volume Size & Forecast, by Country, Thousand Units, 2018-2030

Table 50: Middle East & Africa Turbo Trainer Market Value Size & Forecast, by Country, US$ Mn, 2018-2030

Table 51: South America Turbo Trainer Market Volume Size & Forecast, By Product Type, Thousand Units, 2018-2030

Table 52: South America Turbo Trainer Market Value Size & Forecast, By Product Type, US$ Mn, 2018-2030

Table 53: South America Turbo Trainer Market Volume Size & Forecast, By End-user, Thousand Units, 2018-2030

Table 54: South America Turbo Trainer Market Value Size & Forecast, By End-user, US$ Mn, 2018-2030

Table 55: South America Turbo Trainer Market Volume Size & Forecast, By Price Category, Thousand Units, 2018-2030

Table 56: South America Turbo Trainer Market Value Size & Forecast, By Price Category, US$ Mn, 2018-2030

Table 57: South America Turbo Trainer Market Volume Size & Forecast, By Distribution Channel, Thousand Units, 2018-2030

Table 58: South America Turbo Trainer Market Value Size & Forecast, By Distribution Channel, US$ Mn, 2018-2030

Table 59: South America Turbo Trainer Market Volume Size & Forecast, by Country, Thousand Units, 2018-2030

Table 60: South America Turbo Trainer Market Value Size & Forecast, by Country, US$ Mn, 2018-2030

List of Figures

Figure 1: Global Turbo Trainer Market Projections by Product Type, Thousand Units, 2018-2030

Figure 2: Global Turbo Trainer Market Projections by Product Type, US$ Mn, 2018-2030

Figure 3: Global Turbo Trainer Market, Incremental Opportunity, by Product Type, US$ Mn, 2020-2030

Figure 4: Global Turbo Trainer Market Projections by End User, Thousand Units, 2018-2030

Figure 5: Global Turbo Trainer Market Projections by End User, US$ Mn, 2018-2030

Figure 6: Global Turbo Trainer Market, Incremental Opportunity, by End-user, US$ Mn, 2020-2030

Figure 7: Global Turbo Trainer Market Projections by Price Category, Thousand Units, 2018-2030

Figure 8: Global Turbo Trainer Market Projections by Price Category, US$ Mn, 2018-2030

Figure 9: Global Turbo Trainer Market, Incremental Opportunity, by Price Category, US$ Mn, 2020-2030

Figure 10: Global Turbo Trainer Market Projections by Distribution Channel, Thousand Units, 2018-2030

Figure 11: Global Turbo Trainer Market Projections by Distribution Channel, US$ Mn, 2018-2030

Figure 12: Global Turbo Trainer Market, Incremental Opportunity, by Distribution Channel, US$ Mn, 2020-2030

Figure 13: Global Turbo Trainer Market Projections by Region, Thousand Units, 2018-2030

Figure 14: Global Turbo Trainer Market Projections by Region, US$ Mn, 2018-2030

Figure 15: Global Turbo Trainer Market, Incremental Opportunity, by Region, US$ Mn, 2020-2030

Figure 16: North America Turbo Trainer Market Projections by Product Type, Thousand Units, 2018-2030

Figure 17: North America Turbo Trainer Market Projections by Product Type, US$ Mn, 2018-2030

Figure 18: North America Turbo Trainer Market, Incremental Opportunity, by Product Type, US$ Mn, 2020-2030

Figure 19: North America Turbo Trainer Market Projections by End User, Thousand Units, 2018-2030

Figure 20: North America Turbo Trainer Market Projections by End User, US$ Mn, 2018-2030

Figure 21: North America Turbo Trainer Market, Incremental Opportunity, by End-user, US$ Mn, 2020-2030

Figure 22: North America Turbo Trainer Market Projections by Price Category, Thousand Units, 2018-2030

Figure 23: North America Turbo Trainer Market Projections by Price Category, US$ Mn, 2018-2030

Figure 24: North America Turbo Trainer Market, Incremental Opportunity, by Price Category, US$ Mn, 2020-2030

Figure 25: North America Turbo Trainer Market Projections by Distribution Channel, Thousand Units, 2018-2030

Figure 26: North America Turbo Trainer Market Projections by Distribution Channel, US$ Mn, 2018-2030

Figure 27: North America Turbo Trainer Market, Incremental Opportunity, by Distribution Channel, US$ Mn, 2020-2030

Figure 28: North America Turbo Trainer Market Projections by Country, Thousand Units, 2018-2030

Figure 29: North America Turbo Trainer Market Projections by Country, US$ Mn, 2018-2030

Figure 30: North America Turbo Trainer Market, Incremental Opportunity, by Country, US$ Mn, 2020-2030

Figure 31: Europe Turbo Trainer Market Projections by Product Type, Thousand Units, 2018-2030

Figure 32: Europe Turbo Trainer Market Projections by Product Type, US$ Mn, 2018-2030

Figure 33: Europe Turbo Trainer Market, Incremental Opportunity, by Product Type, US$ Mn, 2020-2030

Figure 34: Europe Turbo Trainer Market Projections by End-user, Thousand Units, 2018-2030

Figure 35: Europe Turbo Trainer Market Projections by End-user, US$ Mn, 2018-2030

Figure 36: Europe Turbo Trainer Market, Incremental Opportunity, by End-user, US$ Mn, 2020-2030

Figure 37: Europe Turbo Trainer Market Projections by Price Category, Thousand Units, 2018-2030

Figure 38: Europe Turbo Trainer Market Projections by Price Category, US$ Mn, 2018-2030

Figure 39: Europe Turbo Trainer Market, Incremental Opportunity, by Price Category, US$ Mn, 2020-2030

Figure 40: Europe Turbo Trainer Market Projections by Distribution Channel, Thousand Units, 2018-2030

Figure 41: Europe Turbo Trainer Market Projections by Distribution Channel, US$ Mn, 2018-2030

Figure 42: Europe Turbo Trainer Market, Incremental Opportunity, by Distribution Channel, US$ Mn, 2020-2030

Figure 43: Europe Turbo Trainer Market Projections by Country, Thousand Units, 2018-2030

Figure 44: Europe Turbo Trainer Market Projections by Country, US$ Mn, 2018-2030

Figure 45: Europe Turbo Trainer Market, Incremental Opportunity, by Country, US$ Mn, 2020-2030

Figure 46: Asia Pacific Turbo Trainer Market Projections by Product Type, Thousand Units, 2018-2030

Figure 47: Asia Pacific Turbo Trainer Market Projections by Product Type, US$ Mn, 2018-2030

Figure 48: Asia Pacific Turbo Trainer Market, Incremental Opportunity, by Product Type, US$ Mn, 2020-2030

Figure 49: Asia Pacific Turbo Trainer Market Projections by End-user, Thousand Units, 2018-2030

Figure 50: Asia Pacific Turbo Trainer Market Projections by End-user, US$ Mn, 2018-2030

Figure 51: Asia Pacific Turbo Trainer Market, Incremental Opportunity, by End-user, US$ Mn, 2020-2030

Figure 52: Asia Pacific Turbo Trainer Market Projections by Price Category, Thousand Units, 2018-2030

Figure 53: Asia Pacific Turbo Trainer Market Projections by Price Category, US$ Mn, 2018-2030

Figure 54: Asia Pacific Turbo Trainer Market, Incremental Opportunity, by Price Category, US$ Mn, 2020-2030

Figure 55: Asia Pacific Turbo Trainer Market Projections by Distribution Channel, Thousand Units, 2018-2030

Figure 56: Asia Pacific Turbo Trainer Market Projections by Distribution Channel, US$ Mn, 2018-2030

Figure 57: Asia Pacific Turbo Trainer Market, Incremental Opportunity, by Distribution Channel, US$ Mn, 2020-2030

Figure 58: Asia Pacific Turbo Trainer Market Projections by Country, Thousand Units, 2018-2030

Figure 59: Asia Pacific Turbo Trainer Market Projections by Country, US$ Mn, 2018-2030

Figure 60: Asia Pacific Turbo Trainer Market, Incremental Opportunity, by Country, US$ Mn, 2020-2030

Figure 61: Middle East & Africa Turbo Trainer Market Projections by Product Type, Thousand Units, 2018-2030

Figure 62: Middle East & Africa Turbo Trainer Market Projections by Product Type, US$ Mn, 2018-2030

Figure 63: Middle East & Africa Turbo Trainer Market, Incremental Opportunity, by Product Type, US$ Mn, 2020-2030

Figure 64: Middle East & Africa Turbo Trainer Market Projections by End-user, Thousand Units, 2018-2030

Figure 65: Middle East & Africa Turbo Trainer Market Projections by End-user, US$ Mn, 2018-2030

Figure 66: Middle East & Africa Turbo Trainer Market, Incremental Opportunity, by End-user, US$ Mn, 2020-2030

Figure 67: Middle East & Africa Turbo Trainer Market Projections by Price Category, Thousand Units, 2018-2030

Figure 68: Middle East & Africa Turbo Trainer Market Projections by Price Category, US$ Mn, 2018-2030

Figure 69: Middle East & Africa Turbo Trainer Market, Incremental Opportunity, by Price Category, US$ Mn, 2020-2030

Figure 70: Middle East & Africa Turbo Trainer Market Projections by Distribution Channel, Thousand Units, 2018-2030

Figure 71: Middle East & Africa Turbo Trainer Market Projections by Distribution Channel, US$ Mn, 2018-2030

Figure 72: Middle East & Africa Turbo Trainer Market, Incremental Opportunity, by Distribution Channel, US$ Mn, 2020-2030

Figure 73: Middle East & Africa Turbo Trainer Market Projections by Country, Thousand Units, 2018-2030

Figure 74: Middle East & Africa Turbo Trainer Market Projections by Country, US$ Mn, 2018-2030

Figure 75: Middle East & Africa Turbo Trainer Market, Incremental Opportunity, by Country, US$ Mn, 2020-2030

Figure 76: South America Turbo Trainer Market Projections by Product Type, Thousand Units, 2018-2030

Figure 77: South America Turbo Trainer Market Projections by Product Type, US$ Mn, 2018-2030

Figure 78: South America Turbo Trainer Market, Incremental Opportunity, by Product Type, US$ Mn, 2020-2030

Figure 79: South America Turbo Trainer Market Projections by End-user, Thousand Units, 2018-2030

Figure 80: South America Turbo Trainer Market Projections by End-user, US$ Mn, 2018-2030

Figure 81: South America Turbo Trainer Market, Incremental Opportunity, by End-user, US$ Mn, 2020-2030

Figure 82: South America Turbo Trainer Market Projections by Price Category, Thousand Units, 2018-2030

Figure 83: South America Turbo Trainer Market Projections by Price Category, US$ Mn, 2018-2030

Figure 84: South America Turbo Trainer Market, Incremental Opportunity, by Price Category, US$ Mn, 2020-2030

Figure 85: South America Turbo Trainer Market Projections by Distribution Channel, Thousand Units, 2018-2030

Figure 86: South America Turbo Trainer Market Projections by Distribution Channel, US$ Mn, 2018-2030

Figure 87: South America Turbo Trainer Market, Incremental Opportunity, by Distribution Channel, US$ Mn, 2020-2030

Figure 88: South America Turbo Trainer Market Projections by Country, Thousand Units, 2018-2030

Figure 89: South America Turbo Trainer Market Projections by Country, US$ Mn, 2018-2030

Figure 90: South America Turbo Trainer Market, Incremental Opportunity, by Country, US$ Mn, 2020-2030

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