|07-30-2018 10:08 AM CET - Business, Economy, Finances, Banking & Insurance||
Key Research Findings on Water Bikes Market by Valur Chain, Technology, Key Region, Future Roadmap, Cost Structure, Competition tracking Presented for the Period 2018 to 2028
Press release from: Fact.MR
FACTMR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Water Bikes Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028” has been added to the wide online database of FACTMR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global Water Bikes Market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2018 to 2028.
Water Bikes Market: Introduction
Water bikes deliver safe and exhilarating rides on the top of waves. Water bikes are establishing their position in the bicycle market. The increasing trend of bicycling to maintain general health is adding to the growth of this market. In case of a water bike, both, the water pressure as well as wind speed affect the force people need to power the water bike with. Thus, the force needed to power a water bike is considerably higher than the force needed to power a traditional bike. Moreover, water bikes are more beneficial to heath than conventional bikes. For instance, water bikes can help burn up to 500 calories in a single ride. Water bikes are made using such advanced technology, that they convert the maximum amount of human energy when compared to other types of bikes, and this is precisely the reason why they are also slightly on the expensive side. Moreover, manufacturers are focusing on technological advancements to meet future customer requirements and maintain their market position. Significant improvements in technology can open new doors for the manufacturers of water bikes and their components. Water bike manufacturers, today, are inclining towards products that offer increased operational performance at a reduced cost. This can be achieved by deploying systems and components that are light in weight, utilize advanced material in manufacturing to offer higher reliability and serviceability, and are easy to install. The growing water sports industry as well as growing public attraction towards leisure water activities is one of the key drivers for the global water bikes market.
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Water Bikes Market: Dynamics
With the growth in middle-class income level and disposable income, the tourism industry has witnessed significant growth over the recent past. Increased traction of people towards recreational water sports and maritime tourism has promoted the growth of the tourism industry, which, indirectly, is expected to upsurge the demand for water bikes. The growth in maritime tourism is increasing the demand for new ships and water bikes, which will ultimately boost the market of water bikes in the near future. Furthermore, water bikes require less maintenance, and hence, owners are not required to spend additional money on getting parts fixed and cleaned.
The water bikes market is estimated to witness a globally unsaturated market, as only a few companies produce water bikes. The shift of manufacturing to developing economies has created a concerning situation for the developed markets. These economic downturns may also have a significant impact on the water bikes industry over the coming years, and can act as a significant restraint to market growth.
Water Bikes Market: Segmentation
The water bikes market is segmented on the basis of technology, sales type, and capacity.
On the basis of technology, the water bikes market is segmented into:
• Conventional Water Bikes
• Electric Water Bikes
On the basis of sales type, the water bikes market is segmented into:
• Rental Bikes
• New Bikes
Water Bikes Market: Regional Outlook
North America is dominating the water bikes market – the reason behind its tremendous growth is the fact that, most manufacturers are located in North America. The U.S. and Canada hold a significant share of global production. In Asia Pacific, developing countries such as China and India are projected to grow over the years in the water bikes market, due to urbanization and technology advancements in these countries. Growing tourism is also one of the reasons for growth escalation in these countries. Furthermore, the high demand for environment-friendly transportation in European countries will also fuel growth in the water bikes market. Asia Pacific will be followed by Middle Eastern countries. From 2016 to 2017, Dubai maritime tourists and cruises increased significantly by 15% to 18%, respectively. The Emirates is home to the Middle East’s largest and most modern water equipment facilities. As the number of users grow in the MEA market, sustainable growth of the water bikes market in the region will get cemented.
To know more about the Water Bikes Market Trends, Visit the link – www.factmr.com/report/1242/water-bikes-market
The report covers exhaust analysis on:
• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Value Chain
Regional analysis includes:
• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
• CIS and Russia
• Asia-Pacific (China, India, ASEAN, South Korea)
• Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint
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