At 3.2% CAGR, the SAM Turbo Trainers Market is projected to be worth US$ 15.29 million by 2028, says Business Market Insights

According to Business Market Insights’ research, the SAM turbo trainers market was valued at US$ 12.69 million in 2022 and is expected to reach US$ 15.29 million by 2028, registering a CAGR of 3.2% from 2022 to 2028. Wide range of technologically advanced turbo trainer systems and growing popularity of indoor cycling are the critical factors attributed to the market expansion.

Suppliers in the market are also collaborating with specialty stores to meet their requirements by providing customized solutions. Moreover, product innovations by these companies, along with other strategic moves, are attracting consumers to choose from a wide range of products. For instance, in August 2020, Wahoo announced the launch of a newly developed turbo trainer with improved automatic calibration abilities and accuracy. Also, 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 in September 2022. Similarly, in April 2020, Cyclist, in collaboration with Tacx, announced the launch of a new gravel riding turbo trainer for individuals who are unable to venture out to cycle during the ongoing COVID-19 pandemic. Further, in September 2022, Saris announced the H4 smart, direct drive trainer that features a flywheel; a cassette from SPRAM and Shimano; protocol compatibility of ANT+ FE-C and ANT+ Power; and Bluetooth Smart Trainer Control and Bluetooth Smart Power. Hence, the growing technological advancement in turbo trainers is expected to drive the market in coming years.

On the contrary, high initial investment requirements and maintenance costs hurdles the growth of SAM turbo trainers market.

Based on product type, the SAM turbo trainers market is bifurcated into regular trainers and smart trainers. The smart trainers segment held 65.5% market share in 2022, amassing US$ 8.31 million. It is projected to garner US$ 10.14 million by 2028 to expand at 3.4% CAGR during 2022–2028.

Based on distribution channel, the SAM turbo trainers market is segmented into specialty stores, online retail, and others. The specialty stores segment held 69.4% market share in 2022, amassing US$ 8.81 million. It is projected to garner US$ 10.54 million by 2028 to expand at 3.0% CAGR during 2022–2028.

Based on country, the SAM turbo trainers market has been categorized into Brazil, Argentina, and rest of SAM. Our regional analysis states that rest of SAM captured 46.7% market share in 2022. It was assessed at US$ 5.93 million in 2022 and is likely to hit US$ 6.92 million by 2028, exhibiting a CAGR of 2.6% during the forecast period.

Key players dominating the SAM turbo trainers market are Elite; Garmin Ltd.; Jetblack Cycling; Kurt Manufacturing; Minoura Co. Ltd.; Nautilus, Inc.; Saris; Technogym SpA; Wahoo Fitness; and Wattbike Ltd., among others.

• In 2022, Saris announced H4 smart trainer direct drive trainer features flywheel, cassette from SPRAM and Shimano, protocol compatibility of ANT+ FE-C, ANT+ Power, Bluetooth Smart Trainer Control and Bluetooth Smart Power.

• In 2022, Wahoo Fitness launched KICKR Smart Trainer and KICKR BIKE. According to the company, both devices are designed with enhanced features, including Wi-Fi connectivity, that enables a more seamless and connected user experience across the Wahoo ecosystem.

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