Market Research Engine has published a new report titled as “Bicycle Market Size By Product (Mountain Bicycle, Hybrid Bicycle, Road Bicycle, Other), By End-User (Men, Women, Kids), By Distribution Channel (Online, Offline), By Technology (Electric, Conventional), By Region (North America, Europe, Asia Pacific, Rest of the World) Market Analysis Report, Global Forecast 2021-2027.”
Global Bicycle Market is projected to grow up to USD 88.67billion by 2027 growing at a CAGR of 7.42%during the forecasting period 2021-2027.
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The bicycle industry can define as the industry concerned with bicycles and cycling. It contains at least bicycle manufacturers, accessory manufacturers and part or component manufacturers. It can also include distributors, bicycle event promoters, retailers, bicycle organizations, and bicycle related service providers.Bicycle is a vehicle that supports in dropping pollution and is broadly promoted by organizations as an environment-friendly transportation.Increasingalertness as well as concern about fitness, resulting in the boom of bicycle sales as they offer a great alternate for transport with the benefit of healthy lifestyle andfit. The demand for e-bicycles over conservative bicycles is turned mainstream and has evolving. Bicycles are available in different types, such as hybrid bicycles, all-terrain bicycles,and rode bicycles, among others. The e-bicycles are prepared to manage the overall speeds more effectively, as a result providing relaxed driving experience to the rider in mountain areas, tough roads, and overpasses. Thereby further enhancing the market development for the product. The capability of e-bicycles to manage the overall speeds more adequately, delivers the rider with a comfortable drive on overpasses, mountain areas, and tough roads, thus paving the way to the sales of the e-bicycle market.
The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The studyincludes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.
Major Market Players
The key players of the market are Accell Group, Atlas Cycles Ltd., Avon Cycles Ltd., Cervelo, Dorel Industries Inc., Giant Bicycles, Merida Industry Co., Ltd, Specialized Bicycle Components, Inc., SCOTT Sports SA and Trek Bicycle Corporation.
The Global Bicycle Market report has been categorized as below
- Mountain Bicycle
- Hybrid Bicycle
- Road Bicycle
By Distribution Channel
- North America
- Asia Pacific
- Rest of the World
The years considered for the study are as follows:
- Base year – 2020
- Estimated year – 2021
- Projected year – 2022
- Forecast period – 2021 to 2027
Key Questions Addressed by the Report
- New products/service competitors are exploring?
- Key players in the Bicyclemarket and how extreme is the competition?
- What are the futuremarket trends that manufacturers are emphasizing on in the future updates?
- For each segment, what are the crucial opportunities in the market?
- What are the key growth strategies embraced by key market players in the market?
- What are the key success strategies adopted by major competitors in the market?
Why Buy this Report:
- Obtain comprehensive insights on the Bicycle& market trends
- Note comprehensive analysis of the market status
- Identifies the market opportunities and growth segments
- Assessing business segments & product portfolios, and explain competitive dynamics
- Provide strategy planning and industry dynamics to strengthen decision making
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Table of Contents:
- Global BicycleMarket Introduction
1.1. Key Insights
1.2. Report Overview
1.3. Markets Covered
2. Research Methodology
3. Executive Summary
- Market Overview
5. By Product
6. By End-User
7. By Distribution Channel
8. By Technology
9. By Region
10. Company Profile
(Profile contain company overview, products/services, financials & recent developments)
10.1. Accell Group
10.2. Atlas Cycles (Haryana) Ltd.
10.3. Avon Cycles Ltd.
10.5. Dorel Industries Inc.
10.6. Giant Bicycles
10.7. Merida Industry Co., Ltd
10.8. Specialized Bicycle Components, Inc.
10.9. SCOTT Sports SA
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