Bicycle Components Market Size with Major Eminent Players: Mitsubishi Rayon, Currie Technologies Inc, Sabic Innovative Plastics India pvt Ltd, Cannondale Bicycle Corporation, BASF, Giant Bicycles Inc, Accell, TORAY, Avon Cycles Ltd and Atlas Cycles Inc.

The Bicycle Components Market was worth USD 3.78 billion in the year of 2014 and is expected to reach approximately USD 5.61 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.48% during the forecast period. As bicycles are an eco-friendly method of commutation, their satisfying extra utility as exercise instrument is a major factor for their expanding requirement. The fast advancement of component technology in bicycle mechanism is appealing users to buy the contemporary models of street bicycles, mountain bicycles and city bicycles. Additionally, the rising demand for commuter bicycles having condition-particular segments has gained demand in the current past and is predicted to impact the bike components market development.

Bicycle Components Market - Competitive Insights:

The leading players in the market are Mitsubishi Rayon, Currie Technologies Inc, Sabic Innovative Plastics India pvt Ltd, Cannondale Bicycle Corporation, BASF, Giant Bicycles Inc, Accell, TORAY, Avon Cycles Ltd and Atlas Cycles Inc. Manufacturers are extensively focusing on creating enhanced and lightweight components.

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Bicycle Components Market - Application Outlook and Trend Analysis:

On the basis of application, electric bicycles fragment is foreseen to witness a generally higher CAGR when contrasted with different portions amid the conjecture time frame. Enhanced battery life and consolidation of high-devotion battery innovation used as a part of four wheelers have fundamentally improved their execution, which is boosting their request in the market.

The Bicycle Components Market is segmented as follows-

Bicycle Components Market - By Application:

Road Bike
City Bike
Mountain Bike
Children Bike
Electric Bike

Bicycle Components Market - By Technology:

Discontinuous Fiber Composites
Continuous Fiber Composites
Metals

Bicycle Components Market - By Component:

Saddles
Rims
Frames
Other Components

Bicycle Components Market - By Region:

North America - U.S, Canada, Mexico

Europe - Germany, France, UK, Italy, Spain, Rest of Europe

Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific

Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

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Bicycle Components Market - Regional Outlook and Trend Analysis:

In terms of regional prospect, the market in Europe is anticipated to be the most advantageous on the basis of revenue, whereas, the market in Asia Pacific is foreseen to encounter the fastest growth, in terms of value during the period of assessment.

Bicycle Components Market - Technology Outlook and Trend Analysis:

On the basis of technology, metal segments are anticipated to remain the predominant fragment of the market throughout the years, though constant fiber composites portion is evaluated to witness the quickest development. This is to a great extent ascribed to the developing interest for lightweight bikes from customers.

Bicycle Components Market - Component Outlook and Trend Analysis:

In terms of component, the frames fragment is foreseen to witness the most astounding development on the basis of value amid the estimate time frame. The fragment is nearly trailed by the rims section.

Bicycle Components Market - List of Tables:

Table 1.Global Bicycle Components Market, By Application, 2014-2023, ($Million)
Table 2.Mountain Bike Market, By Region, 2014-2023, ($Million)
Table 3.Road Bike Market, By Region, 2014-2023, ($Million),
Table 4.City Bike Market, By Region, 2014-2023, ($Million)
Table 5.Electric Bike Market, By Region, 2014-2023, ($Million)
…

Bicycle Components Market - List of Figures:

Figure 1.Bicycle Components Market Share, By Application, 2014 & 2023
Figure 2.Bicycle Components Market, By Technology, 2014 & 2023, ($Million)
Figure 3.Bicycle Components Market, By Components, 2014 & 2023, ($Million)
Figure 4.Bicycle Components Market, By Region, 2014 & 2023, ($Million)
Figure 5.Giant Bicycles Inc.: Net Revenues, 2014-2016 ($Million)
…

FEATURES OF THE REPORT:

1. The analysis of Bicycle Components market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.

2. The key players in the market and their share in the global market are discussed.

3. The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.

4. The Bicycle Components market report provides some important points related to growth factors, challenges, opportunities, end-user analysis, achievement and so on.

5. The latest trends that are being followed in the market are included along with an example.

6. How technological advancement and research, as well as development activities, are impacting the market is explained in detail.

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