Asian Stationary Cycle Market by Product (Recumbent Stationary Cycle, Upright Stationary Cycle), by Pricing of Equipment ( Premium Equipment, Budget Equipment), by End User (Vertical Markets, Health Clubs, Home Fitness) - Forecasts to 2019
The Asian stationary cycles market is estimated to grow at a CAGR of 5.9% from 2014 to 2019. The market holds a high potential for growth in the future due to a number of factors favoring the growth of this market. These factors include the exponentially increasing disposable income among consumers, and growing government initiatives related to raising funds, conducting conferences, and arranging community-based physical activity and healthy eating programs. However, dearth of research and development (R&D) facilitates, and deceptive marketing strategies and practices adopted by players in the fitness equipment market to attract customers are restraining the growth of this market. Shift of major health club chains towards equipment retailing and emergence of new distribution channels in the fitness industry provide numerous growth opportunities for market players.
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In this report, the Asian stationary cycles 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 cycles, upright stationary cycles, and others. Based on pricing of equipment, the global stationary cycles market is categorized into premium equipment and budget equipment. Based on end users, the stationary cycles market is categorized into vertical markets, health clubs, and home fitness. Based on geography, the market is segmented into Japan, South Korea, India, China, Malaysia, Indonesia, and Rest of Asia (RoA).
Japan is estimated to command the largest share of the Asian stationary cycles market in 2013, followed by South Korea.
The report includes the profiles of leading players in this market along with the developments (new product launches, and partnerships, agreements, collaborations, and joint ventures) undertaken by these companies over the past few years and strategies adopted by them to sustain and strengthen their position in the stationary cycles 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 some of the key players operating in this market.
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