Press release
High-End Bicycle Market Will Reach At CAGR Of 4.82% Between 2017-2021
High-end bikes are high-speed bikes that are built with advanced technology and modern designs incorporating high-quality materials to offer comfort and durability. These bikes are priced over $1000. Their penetration rate among price-sensitive consumers is low. High-end bikes are targeted at premium customers. Cycling enthusiasts, adventure seekers, and urban commuters are the key customers who drive the global high-end bicycle market.
Technavios analysts forecast the global high-end bicycle market to grow at a CAGR of 4.82% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global high-end bicycle market for 2017-2021. To calculate the market size, the report considers the sales/value and exclude services market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global High-End Bicycle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Derby Cycle
Giant Bicycle
MERIDA
Specialized Bicycle Components
Trek Bicycle
Other prominent vendors
Bianchi
CYCLING SPORTS GROUP
DAHON
Kona
Marin Bikes
Pacific Cycles
Samchuly Bicycle
Santa Cruz Bicycles
SCOTT Sports
XDS BICYCLES
Market driver
Increasing demand for luxury products among affluent consumers
For a full, detailed list, view our report
Market challenge
Increasing demand for luxury products among affluent consumers
For a full, detailed list, view our report
Market trend
Smart features in high-end bikes
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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