Delaware, June 10, 2021 (GLOBE NEWSWIRE) —
According to latest report “Fitness Equipment Market by Equipment (Cardiovascular, Strength Training), End Use (Home, Health Clubs, Office, Hotel), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2027”, by Global Market Insights Inc., the market valuation of fitness equipment will cross $25 billion by 2027. The market growth can be attributed to the increasing consciousness about health & well-being globally.
The demand for stationary exercise bikes is increasing as it is compact in size and easy to install in homes. The bikes promote an aerobic effect, caloric burning, weight loss, and muscle strengthening. With stringent lockdowns imposed in 2020, there was an increase in the demand for exercise bikes that enable a high-performance workout at home. The growing adoption of exercise bikes is credited to the growing awareness about strengthening heart, lungs, and muscles. These bikes will also witness high demand as they help to improve the flow of oxygen and blood throughout the body. Depending on the workout intensity and body weight, the user can burn around 600 calories an hour with a stationary bike workout. Exercise bikes will showcase an increasing demand for users aiming to burn calories.
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