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Turbo Trainers Market Size

  • Report ID: GMI7423
  • Published Date: Nov 2023
  • Report Format: PDF

Turbo Trainers Market Size

Turbo Trainers Market size was valued at USD 240.2 million in 2022 and is anticipated to register a CAGR of over 5.8% between 2023 and 2032. The increasing popularity of indoor cycling as a convenient and efficient way to exercise, especially during adverse weather conditions or when outdoor cycling is not feasible. The broader trend of consumers investing in home fitness equipment, driven by a desire for convenience, privacy, and the ability to maintain a fitness routine without relying on a gym.

 

The progression of virtual cycling platforms such as Zwift, TrainerRoad, and others, which offer interactive and immersive indoor cycling experiences. Turbo trainers that can sync with these platforms to simulate real-world conditions have seen increased demand. Ongoing advancements in smart trainer technology, including improved accuracy, realistic road feel, and enhanced connectivity with fitness apps and devices.

 

The popularity of outdoor cycling and favorable weather conditions can impact the demand for indoor cycling equipment. Companies need to differentiate their products and highlight the benefits of indoor training to attract consumers. The market for turbo trainers can be sensitive to price fluctuations. As more players enter the market and competition increases, maintaining competitive pricing while offering quality products becomes a challenge. Demand for turbo trainers may be seasonal, with peak interest during colder months or off-seasons.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global market size for turbo trainers size was USD 240.2 million in 2022 and is expected to register over 5.8% CAGR from 2023-2032 due to the increasing popularity of indoor cycling as a convenient and efficient way to exercise.

The direct drive market segment recorded USD 144.1 million in 2022 and is expected to register appreciable CAGR from 2023-2032 due to their accurate power measurement, making them popular among serious cyclists.

North America industry reached USD 60 million in 2022 and is expected to register commendable CAGR from 2023-2032 due to the growing emphasis on health and fitness fostering a culture of active living in the region.

Wahoo Fitness, CycleOps (Saris), Elite Srl, Tacx (Garmin), Kinetic by Kurt, Bkool, and Minoura, are some of the major turbo trainers companies worldwide.

Turbo Trainers Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 299
  • Countries covered: 21
  • Pages: 300
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