The turbo trainer market is valued US$ 248.17 million in 2022; it is expected to grow at a CAGR of 3.9% from 2022 to 2028.
Turbo trainers are stationary devices on which a bike can be clamped for indoor cycling. They provide a form of resistance that replicates the act of cycling on roads, climbing, and sprinting. These devices allow people to change the extent of resistance based on their requirements. The rising health concerns among people owing to the increasing prevalence of obesity, diabetes, high blood pressure, and heart diseases are driving the demand for turbo trainers. Sedentary work culture leads to many health ailments, and people are unable to join gyms and fitness clubs due to their busy schedules, which is driving the trend of home workouts such as indoor cycling. Regular cycling can increase cardiovascular fitness, enhance muscle strength and flexibility, improve joint mobility, decrease stress levels, correct posture and coordination, strengthen bones, decrease body fat levels, prevent various diseases, and reduce anxiety and depression. The COVID-19 pandemic further underlined the importance of health and fitness in the last two years.
Indoor cycling equipment may help users meet their daily physical activity requirements without stepping out of their homes. Turbo trainers can be used for indoor cycling; their easy availability and cost-effectiveness, and the ability to put less strain on the spine and lower body make turbo trainers suitable equipment for indoor cycling. Thus, the growing popularity of indoor cycling is likely to provide notable growth opportunities for the turbo trainer market players in the coming years.
In 2021, North America held the largest revenue share of the global Turbo Trainer Market, while Europe is expected to register the highest CAGR during the forecast period. The rising number of cycling events, and favorable initiatives from governments and employers are bolstering the demand for turbo trainers, as these instruments help cyclists improve their cycling speed and skills. Also, a growing number of fitness products providers and centers are propelling the turbo trainer market growth in the region.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Turbo Trainer Market: Strategic Insights
Market Size Value in US$ 248.17 Million in 2022 Market Size Value by US$ 311.92 Million by 2028 Growth rate CAGR of 3.9% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Turbo Trainer Market: Strategic Insights
| Market Size Value in | US$ 248.17 Million in 2022 |
| Market Size Value by | US$ 311.92 Million by 2028 |
| Growth rate | CAGR of 3.9% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Impact of COVID-19 Pandemic on Turbo Trainer Market
Many businesses recovered as governments of various countries eased the restrictions that were imposed after the initial months of lockdown in 2020. The introduction of the COVID-19 vaccine further eased the situation, triggering business activities across the world. The resumption of operations in the manufacturing units positively impacted the Turbo Trainer Market. Moreover, manufacturers have managed to overcome the demand and supply gap as they are permitted to operate at full capacities.
Market Insights
The increasing prevalence of obesity, heart diseases, hypertension, high cholesterol, cancer, etc., further favors the growth of the fitness industry, as fitness is perceived as one of the key precautionary ways of avoiding these health issues. Home workouts eradicated the inconvenience faced by people in commuting to gyms amid the social restrictions imposed by governments in response to the COVID-19 pandemic; moreover, these workout habits prove extremely cost-effective in the long run. Turbo trainers allow cyclist and fitness enthusiasts to have an effective work out session in harsh weather conditions such as heavy rains or cold winters. Moreover, hectic schedules and long working hours, crowded fitness centers, and issues regarding vehicle parking are among other factors driving people away from gyms, compelling them to opt for home workouts, thereby contributing to the growth of the Turbo Trainer Market.
Material Insights
Based on distribution channel, the turbo trainer market is segmented into specialty stores, online retail, and others. In 2021, the specialty stores segment accounted for a larger revenue share, and the online retail segment is expected to account for a higher CAGR during the forecast period. Despite intense rivalry based on price and convenience, specialty shops can still provide customers with a wide selection of niche goods, along with enhancing their experience using expert product knowledge. Decathlon and Recreational Equipment, Inc. are a few of the specialty stores offering a wide range of turbo trainers. Bespoke Gresham Street stores allow consumers to have a complete Wahoo KICKR Experience at their stores. Consumers can try out the products and get advice from the experts; these demos increase the possibilities of product sales. The stores also allow consumers to bring their own bikes and try them out with the turbo trainers.
Elite; Garmin Ltd.; Kurt Manufacturing; Minoura Co. Ltd.; Nautilus, Inc.; Saris; Technogym SpA; Wahoo Fitness; Jetblack Cycling; and Wattbike Ltd. are the players operating in the Turbo Trainer Market. These companies provide a wide range of products for the market. The companies have their presence in developing regions, which are providing them lucrative growth opportunities. They are developing high-quality, innovative products to meet varied customer requirements.
Turbo Trainer Market Report Scope
Report Spotlights
- Progressive industry trends in the turbo trainer market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the turbo trainer market size from 2020 to 2028
- Estimation of global demand for turbo trainers
- PEST analysis to illustrate the political, economic, social, and technological trends in the turbo trainers industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, and factors driving and restraining the growth of the Turbo Trainer Market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The size of the turbo trainer market at various nodes
- Detailed overview and segmentation of the market, as well as the turbo trainers industry dynamics
- Turbo trainer market size in various regions with promising growth opportunities
The "Global Turbo trainer market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the market trend analysis. The report aims to provide an overview of the market with detailed market segmentation.
The turbo trainer market is segmented on the basis of product type, distribution channel, and geography. Based on product type, the market is segmented into regular trainers and smart trainers. Based on distribution channel, the turbo trainer market is segmented into specialty stores, online retail, and others. By geography, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America.
Company Profiles
Elite; Garmin Ltd.; Kurt Manufacturing; Minoura Co. Ltd.; Nautilus, Inc.; Saris; Technogym SpA; Wahoo Fitness; Jetblack Cycling; and Wattbike Ltd. are the prominent players operating in the turbo trainer market.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Increased product offerings in wide range of technologically advanced turbo trainer systems is one of the biggest trends in the market. For example, in September 2022, Wahoo Fitness launched KICKR Smart Trainer and KICKR BIKE. Both devices are designed with enhanced features, including Wi-Fi connectivity, which enables a more seamless and connected user experience across the Wahoo ecosystem.
Based on the distribution channel, specialty stores segment accounted for the largest market share in 2021. Online retailing benefits sellers through lower operating costs as they can save on labor, staff, or physical store set-ups. Some of the online retailers of turbo trainers are Wiggle, Amazon, Decathlon, Wahoo, Competitive Cyclist, Jenson USA, REI, Moosejaw, Walmart, etc.
Based on the product type segment, smart trainers is expected to be the fastest-growing segment in 2021. Smart turbo trainers are gaining popularity among the youth, as hectic study or work schedules drive them toward home fitness activities.
The market for turbo trainers is growing as a result of rapidly flourishing fitness industry. With the shift in fitness trends from gyms to outdoors, home fitness, and digital options, the fitness industry continues to evolve further. All these factors are boosting the turbo trainer market growth.
The major players operating in the global turbo trainer market is Elite; Garmin Ltd.; Kurt Manufacturing; Minoura Co. Ltd.; Nautilus, Inc.; Saris; Technogym SpA; Wahoo Fitness; Jetblack Cycling; and Wattbike Ltd.
In 2021, North America accounted for the most extensive share of the global turbo trainer market. There is a huge demand for turbo trainers in home gyms and community health clubs owing to the increasing participation of individuals in fitness activities in the region to ensure consistent exercise routines.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
3.2.7 Country Level Data:
4. Turbo Trainers Market Landscape
4.1 Market Overview
4.2 PEST Analysis: Turbo Trainers Market
4.2.1 PEST Analysis: North America Turbo Trainers Market
4.2.2 PEST Analysis: Europe Turbo Trainers Market
4.2.3 PEST Analysis: Asia Pacific Turbo Trainers Market
4.2.4 PEST Analysis: Middle East & Africa Turbo Trainers Market
4.2.5 PEST Analysis: South & Central America Turbo Trainers Market
4.3 Expert Opinions
5. Turbo Trainers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rapidly Flourishing Fitness Industry
5.1.2 Increased Demand for Smart Turbo Trainers
5.2 Market Restraints
5.2.1 High Initial Investment Requirements and Maintenance Costs
5.3 Market Opportunities
5.3.1 Growing Popularity of Indoor Cycling
5.4 Future Trends
5.4.1 Wide Range of Technologically Advanced Turbo Trainer Systems
5.5 Impact Analysis of Drivers and Restraints
6. Turbo Trainers – Global Market Analysis
6.1 Turbo Trainers Market Overview
6.2 Turbo Trainers Market –Revenue and Forecast to 2028 (US$ Thousand)
6.3 Competitive Positioning – Key Market Players
7. Turbo Trainers Market Analysis – By Product Type
7.1 Overview
7.2 Turbo Trainers Market, By Product Type (2021 and 2028)
7.3 Regular Trainers
7.3.1 Overview
7.3.2 Regular Trainers: Turbo Trainers Market – Revenue and Forecast to 2028 (US$ Thousand)
7.4 Smart Trainers
7.4.1 Overview
7.4.2 Smart Trainers: Turbo Trainers Market – Revenue and Forecast to 2028 (US$ Thousand)
8. Turbo Trainers Market Analysis – By Distribution Channel
8.1 Overview
8.2 Turbo Trainers Market, By Distribution Channel (2021 and 2028)
8.3 Specialty Stores
8.3.1 Overview
8.3.2 Specialty Stores: Turbo Trainers Market – Revenue and Forecast to 2028 (US$ Thousand)
8.4 Online Retail
8.4.1 Overview
8.4.2 Online Retail: Turbo Trainers Market – Revenue and Forecast to 2028 (US$ Thousand)
8.5 Others
8.5.1 Overview
8.5.2 Others: Turbo Trainers Market – Revenue and Forecast to 2028 (US$ Thousand)
9. Turbo Trainers Market– Geographic Analysis
9.1 Overview
9.2 North America: Turbo Trainers Market
9.2.1 North America: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.2.2 North America: Turbo Trainers Market, By Product Type
9.2.3 North America: Turbo Trainers Market, by Distribution Channel
9.2.4 North America: Turbo Trainers Market, by Key Country
9.2.4.1 US: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.2.4.1.1 US: Turbo Trainers Market, By Product Type
9.2.4.1.2 US: Turbo Trainers Market, by Distribution Channel
9.2.4.2 Mexico: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.2.4.2.1 Mexico: Turbo Trainers Market, By Product Type
9.2.4.2.2 Mexico: Turbo Trainers Market, by Distribution Channel
9.2.4.3 Canada: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.2.4.3.1 Canada: Turbo Trainers Market, By Product Type
9.2.4.3.2 Canada: Turbo Trainers Market, by Distribution Channel
9.3 Europe: Turbo Trainers Market
9.3.1 Europe: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.3.2 Europe: Turbo Trainers Market, By Product Type
9.3.3 Europe: Turbo Trainers Market, by Distribution Channel
9.3.4 Europe: Turbo Trainers Market, by Key Country
9.3.4.1 Germany: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.1.1 Germany: Turbo Trainers Market, By Product Type
9.3.4.1.2 Germany: Turbo Trainers Market, by Distribution Channel
9.3.4.2 France: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.2.1 France: Turbo Trainers Market, By Product Type
9.3.4.2.2 France: Turbo Trainers Market, by Distribution Channel
9.3.4.3 Italy: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.3.1 Italy: Turbo Trainers Market, By Product Type
9.3.4.3.2 Italy: Turbo Trainers Market, by Distribution Channel
9.3.4.4 UK: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.4.1 UK: Turbo Trainers Market, By Product Type
9.3.4.4.2 UK: Turbo Trainers Market, by Distribution Channel
9.3.4.5 Russia: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.5.1 Russia: Turbo Trainers Market, By Product Type
9.3.4.5.2 Russia: Turbo Trainers Market, by Distribution Channel
9.3.4.6 Rest of Europe: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.3.4.6.1 Rest of Europe: Turbo Trainers Market, By Product Type
9.3.4.6.2 Rest of Europe: Turbo Trainers Market, by Distribution Channel
9.4 Asia Pacific: Turbo Trainers Market
9.4.1 Asia Pacific: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.4.2 Asia Pacific: Turbo Trainers Market, By Product Type
9.4.3 Asia Pacific: Turbo Trainers Market, by Distribution Channel
9.4.4 Asia Pacific: Turbo Trainers Market, by Key Country
9.4.4.1 Australia: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.1.1 Australia: Turbo Trainers Market, By Product Type
9.4.4.1.2 Australia: Turbo Trainers Market, by Distribution Channel
9.4.4.2 China: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.2.1 China: Turbo Trainers Market, By Product Type
9.4.4.2.2 China: Turbo Trainers Market, by Distribution Channel
9.4.4.3 India: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.3.1 India: Turbo Trainers Market, By Product Type
9.4.4.3.2 India: Turbo Trainers Market, by Distribution Channel
9.4.4.4 Japan: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.4.1 Japan: Turbo Trainers Market, By Product Type
9.4.4.4.2 Japan: Turbo Trainers Market, by Distribution Channel
9.4.4.5 South Korea: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.5.1 South Korea: Turbo Trainers Market, By Product Type
9.4.4.5.2 South Korea: Turbo Trainers Market, by Distribution Channel
9.4.4.6 Rest of Asia Pacific: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.4.4.6.1 Rest of Asia Pacific: Turbo Trainers Market, By Product Type
9.4.4.6.2 Rest of Asia Pacific: Turbo Trainers Market, by Distribution Channel
9.5 South & Central America: Turbo Trainers Market
9.5.1 South & Central America: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.5.2 South & Central America: Turbo Trainers Market, By Product Type
9.5.3 South & Central America: Turbo Trainers Market, by Distribution Channel
9.5.4 South & Central America: Turbo Trainers Market, by Key Country
9.5.4.1 Brazil: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.5.4.1.1 Brazil: Turbo Trainers Market, By Product Type
9.5.4.1.2 Brazil: Turbo Trainers Market, by Distribution Channel
9.5.4.2 Argentina: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.5.4.2.1 Argentina: Turbo Trainers Market, By Product Type
9.5.4.2.2 Argentina: Turbo Trainers Market, by Distribution Channel
9.5.4.3 Rest of South & Central America: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
9.5.4.3.1 Rest of South & Central America: Turbo Trainers Market, By Product Type
9.5.4.3.2 Rest of South & Central America: Turbo Trainers Market, by Distribution Channel
9.6 Middle East & Africa: Turbo Trainers Market
9.6.1 Middle East & Africa: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.6.2 Middle East & Africa: Turbo Trainers Market, By Type
9.6.3 Middle East & Africa: Turbo Trainers Market, by Distribution Channel
9.6.4 Middle East & Africa: Turbo Trainers Market, by Key Country
9.6.4.1 South Africa: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.6.4.1.1 South Africa: Turbo Trainers Market, By Type
9.6.4.1.2 South Africa: Turbo Trainers Market, by Distribution Channel
9.6.4.2 Saudi Arabia: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.6.4.2.1 Saudi Arabia: Turbo Trainers Market, By Type
9.6.4.2.2 Saudi Arabia: Turbo Trainers Market, by Distribution Channel
9.6.4.3 UAE: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.6.4.3.1 UAE: Turbo Trainers Market, By Type
9.6.4.3.2 UAE: Turbo Trainers Market, by Distribution Channel
9.6.4.4 Rest of Middle East & Africa: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
9.6.4.4.1 Rest of Middle East & Africa: Turbo Trainers Market, By Type
9.6.4.4.2 Rest of Middle East & Africa: Turbo Trainers Market, by Distribution Channel
10. Impact of COVID-19 Pandemic on Global Turbo Trainers Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.6 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Product launch
12. Company Profiles
12.1 Elite
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Garmin Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Kurt Manufacturing
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Minoura Co. Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Nautilus, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Saris
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Technogym SpA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Wahoo Fitness
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Jetblack Cycling
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Wattbike Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Turbo Trainers Market –Revenue and Forecast to 2028 (US$ Thousand)
Table 2. Global Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 3. Global Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 4. North America Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 5. North America Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 6. US Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 7. US Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 8. Mexico Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 9. Mexico Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 10. Canada Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 11. Canada Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 12. Europe Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 13. Europe Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 14. Germany Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 15. Germany Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 16. France Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 17. France Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 18. Italy Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 19. Italy Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 20. UK Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 21. UK Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 22. Russia Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 23. Russia Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 24. Rest of Europe Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 25. Rest of Europe Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 26. Asia Pacific Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 27. Asia Pacific Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 28. Australia Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 29. Australia Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 30. China Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 31. China Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 32. India Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 33. India Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 34. Japan Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 35. Japan Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 36. South Korea Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 37. South Korea Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 38. Rest of Asia Pacific Turbo Trainers Market, by Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 39. Rest of Asia Pacific Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 40. South & Central America Turbo Trainers Market, By Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 41. South & Central America Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 42. Brazil Turbo Trainers Market, By Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 43. Brazil Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 44. Argentina Turbo Trainers Market, By Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 45. Argentina Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 46. Rest of South & Central America Turbo Trainers Market, By Product Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 47. Rest of South & Central America Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 48. Middle East & Africa Turbo Trainers Market, By Type– Revenue and Forecast to 2028 (US$ Thousand)
Table 49. Middle East & Africa Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 50. South Africa Turbo Trainers Market, By Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 51. South Africa Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 52. Saudi Arabia Turbo Trainers Market, By Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 53. Saudi Arabia Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 54. UAE Turbo Trainers Market, By Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 55. UAE Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 56. Rest of Middle East & Africa Turbo Trainers Market, By Type – Revenue and Forecast to 2028 (US$ Thousand)
Table 57. Rest of Middle East & Africa Turbo Trainers Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Thousand)
Table 58. List of Abbreviation
LIST OF FIGURES
Figure 1. Turbo Trainers Market Segmentation
Figure 2. Turbo Trainers Market Segmentation – By Geography
Figure 3. Global Turbo Trainers Market Overview
Figure 4. The Smart Trainers Segment Held the Largest Market Share in 2021
Figure 5. North America Dominated the Turbo Trainers Market in 2021
Figure 6. Global Turbo Trainers Market, Key Market Players
Figure 7. PEST Analysis: North America Turbo Trainers Market
Figure 8. PEST Analysis: Europe Turbo Trainers Market
Figure 9. PEST Analysis: Asia Pacific Turbo Trainers Market
Figure 10. PEST Analysis: Middle East & Africa Turbo Trainers Market
Figure 11. PEST Analysis: South & Central America Turbo Trainers Market
Figure 12. Expert Opinions
Figure 13. Turbo Trainers Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Turbo Trainers Market
Figure 15. Global: Turbo Trainers Market – Revenue and Forecast to 2028 (US$ Thousand)
Figure 16. Key Players: Turbo Trainers Market
Figure 17. Turbo Trainers Market Revenue Share, By Product Type (2021 and 2028)
Figure 18. Regular Trainers: Turbo Trainers Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 19. Smart Trainers: Turbo Trainers Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 20. Turbo Trainers Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 21. Specialty Stores: Turbo Trainers Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 22. Online Retail: Turbo Trainers Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 23. Others: Turbo Trainers Market – Revenue and Forecast To 2028 (US$ Thousand)
Figure 24. Global Turbo Trainers Market Revenue Share, By Region (2021 and 2028)
Figure 25. North America: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 26. North America: Turbo Trainers Market Revenue Share, By Product Type (2021 and 2028)
Figure 27. North America: Turbo Trainers Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 28. North America: Turbo Trainers Market Revenue Share, by Key Country (2021 and 2028)
Figure 29. US: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 30. Mexico: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 31. Canada: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 32. Europe: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 33. Europe: Turbo Trainers Market Revenue Share, By Product Type (2021 and 2028)
Figure 34. Europe: Turbo Trainers Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 35. Europe: Turbo Trainers Market Revenue Share, by Key Country (2021 and 2028)
Figure 36. Germany: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 37. France: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 38. Italy: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 39. UK: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 40. Russia: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 41. Rest of Europe: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 42. Asia Pacific: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 43. Asia Pacific: Turbo Trainers Market Revenue Share, By Type (2021 and 2028)
Figure 44. Asia Pacific: Turbo Trainers Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 45. Asia Pacific: Turbo Trainers Market Revenue Share, by Key Country (2021 and 2028)
Figure 46. Australia: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 47. China: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 48. India: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 49. Japan: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 50. South Korea: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 51. Rest of Asia Pacific: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 52. South & Central America: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 53. South & Central America: Turbo Trainers Market Revenue Share, By Product Type (2021 and 2028)
Figure 54. South & Central America: Turbo Trainers Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 55. South & Central America: Turbo Trainers Market Revenue Share, by Key Country (2021 and 2028)
Figure 56. Brazil: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 57. Argentina: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 58. Rest of South & Central America: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 59. Middle East & Africa: Turbo Trainers Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 60. Middle East & Africa: Turbo Trainers Market Revenue Share, By Type (2021 and 2028)
Figure 61. Middle East & Africa: Turbo Trainers Market Revenue Share, by Distribution Channel (2021 and 2028)
Figure 62. Middle East & Africa: Turbo Trainers Market Revenue Share, by Key Country (2021 and 2028)
Figure 63. South Africa: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 64. Saudi Arabia: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 65. UAE: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 66. Rest of Middle East & Africa: Turbo Trainers Market–Revenue and Forecast to 2028 (US$ Thousand)
Figure 67. Impact of COVID-19 Pandemic on North American Country Markets
Figure 68. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 69. Impact of COVID-19 Pandemic on Asia Pacific Country Markets
Figure 70. Impact of COVID-19 Pandemic on Middle East & Africa Country Markets
Figure 71. Impact of COVID-19 Pandemic on South & Central America Country Markets
The List of Companies - Turbo Trainers Market
- Elite
- Garmin Ltd.
- Kurt Manufacturing
- Minoura Co. Ltd.
- Nautilus, Inc.
- Saris
- Technogym SpA
- Wahoo Fitness
- Jetblack Cycling
- Wattbike Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Turbo Trainer Market
Sep 2022
Household Fans Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Ceiling Fan, Pedestal Fan, Table Fan, Exhaust Fan, Wall Fan, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others), and Geography
Sep 2022
Nutraceuticals Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type [Functional Foods, Functional Beverages, and Dietary Supplements [General Wellness, Sports Nutrition, Weight Management, Immune Health, and Others)], Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Convenience Stores, and Others), and Geography
Sep 2022
Nicotine Pouches Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis By Strength (Less than 6 mg/g, 6 mg/g to 12 mg/g, and More than 12 mg/g), Flavor [Original/Plain, and Flavored (Mint, Berry, Citrus, Fruity, Others)], Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others)
Sep 2022
Housewares Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type (Cookware and Bakeware, Tableware, Kitchen Appliances, Bathroom Essentials, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
Sep 2022
False Hair Products Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type (Hair Extension, Hair Wig, and Hair Pieces), Material (Human Hair and Synthetic Hair), End User (Men, Women, and Kids), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
Get Free Sample For