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Recumbent Bike Market Outlook - 2027
The rising awareness of fitness and growing concerns of obesity among people has led to increase in recumbent bike market. The recumbent bike is a bike that positions the driver in a laid-back reclining position while driving the bike. The recumbent bike provides comfort to the back and the rider’s weight is distributed evenly over the large seating area. The recumbent bikes have better aerodynamic advantage over conventional bikes. The legs of the driver are positioned forward in recumbent bikes. The recumbent bikes are available in wide variety of options ranging from size of wheelbase to number of wheels in a recumbent bike.
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Increasing health consciousness among the global population owing to hectic work schedules, sedentary lifestyles and altering food preferences, the demand for fitness products like recumbent bike is anticipated to proliferate. Additionally, recumbent bike cause lesser stress injuries than conventional bikes. Besides, recumbent bike offers better comfort as compared to conventional bikes. Moreover, due to lower center of gravity, the recumbent bikes are safer modes of transportation. However, recumbent bike being expensive than conventional bikes could restrain the market growth. Furthermore, rising adoption of recumbent bike amongst senior citizens is driving the market growth.
The recumbent bikemarket trends are as follows:
New product launch to bolster the market
The recumbent bikes have gained heavy growth in recent years owing to the health benefits. Besides, the rising fitness concerns have raised globally. Additionally, the deteriorating environment have fueled the need to increase the fitness level. Moreover, recumbent bikes provide exciting option of cycling to the people who have back pain issues. Due to the rising popularity of recumbent bikes in past few years, the manufacturers have accelerated the launch of newer products in market to provide consumers with variety of options. For instance, in 2017, TerraTrike unveiled a new model in its line of recumbent bikes. The newer recumbent bike is suitable to drive on all terrain.
Electric driven recumbent bikes to drive the growth
The rise of electrification in automotive landscape has increased and the popularity for it has also escalated. The electric driven recumbent bikes are driven with the help of electricity as an energy source. Moreover, the electrification of recumbent bikes removes the hassle to lubricate the chain and other mechanical parts. Besides, the amount of human power required to drive the recumbent bike is saved due to electric power source. Due to this, the manufacturers are increasingly producing electric driven recumbent bikes. For instance, in 2019, Cruzbike T50e front drive electric recumbent bike was launched with lithium-ion battery and claimed a range of 20 miles.
Key benefits of the report:
Questions answered in the recumbent bike market research report:
Recumbent Bike Market Report Highlights
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Key Market Players | JOUTA, Sun Seeker Bicycles, TerraTrike, ICE, Artifice, Gekko fx, Performer, Challenge Recumbents, Mobo, Schwinn |
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