Bicycle and Components Market Risk Factors, Economic Fluctuations, Drivers in Future Analysis by 2025

This study focuses on the production side and consumption side of Bicycle and Components, presents the global Bicycle and Components market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Bicycle and Components capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Bicycle and Components by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. In order to lower the pollution levels, government in various countries are increasingly encouraging adoption of bicycles as a short mode of transportation. As the need for eco-friendly mode of commutation remains high, demand for bicycles will continue to increase significantly.

The ruling authorities in various countries are encouraging adoption of bicycles as a public transport in metro stations and bus stands. In addition, growing need for riding bicycles to maintain health and fitness will continue to fuel growth of the global bicycle components market. Rising adoption of cycling as a fun and fitness activity is a key factor boosting the bicycle and components market.

Cycling helps stimulate physical and mental health, and rising consumer acceptance that this activity fosters health and well-being is aiding the growth of this market. Cycling is increasingly being adopted as a recreation activity that individuals indulge into with friends and family. Health practitioners worldwide recommend cycling as an aerobic activity, and serves as preventive care against several diseases such as stroke, heart attack, some cancers, and depression. Cycling is considered to be an effective activity to reduce or maintain weight as a preventive against several lifestyle diseases.

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Expansion of retail bicycle sector has also been a key factor bolstering the bicycle and components market. The emergence of specialty bicycle retailers, sporting goods stores, and mass merchants is expected to provide a significant boost to the growth of this market. The emergence of online sales as a significant retailing channel is anticipated to take the bicycle and components market to new heights. In addition, emergence of outdoor specialty stores that have enhanced visibility of bicycles among shoppers is likely to boost sales of bicycles globally.

The Bicycle and Components market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Bicycle and Components.

This report includes the following manufacturers; we can also add the other companies as you want.

Giant Bicycles

Atlas Cycles

Avon Cycles

Accell Group

Caloi

Merida Industry

Currie Technologies

Dorel

Shimano

SunTour

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Market Segment by Product Type

Rims

Saddles

Frames

Market Segment by Application

Mountain Bikes

Road Bikes

City Bikes

Electric Bikes

Children Bikes

Others

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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