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Bike Racks Market Is Presumed To Grow At a CAGR of 5.1% Between 2018 and 2025 - QY Research
The classification of Bike Racks includes Rear & Hitch Bike Racks, Roof Mounted Bike Racks and Others, and the proportion of Rear & Hitch Bike Racks in 2016 is about 58%, and the proportion is in increasing trend from 2012 to 2016. Bike Racks is widely used in SUV, Truck and Sedan. The most proportion of Bike Racks is Sedan, and the proportion in 2016 is about 49%. The trend of Sedan is decreasing. Europe is the largest consumption place, with a consumption market share nearly 36% in 2016. Following Europe, USA is the second largest consumption place with the consumption market share of 33%.
Market competition is not intense. Thule Group, SARIS CYCLING GROUP, Curt, CAR MATE, Allen Sports, Yakima Products, Atera GmbH, Uebler, Rhino-Rack, Hollywood Racks, VDL Hapro, Mont Blanc Group, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. The global Bike Racks market was 330 million US$ in 2017 and is expected to 470 million US$ by the end of 2025, growing at a CAGR of 5.1% between 2018 and 2025.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bike Racks in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Thule Group
SARIS CYCLING GROUP
Curt
CAR MATE
Allen Sports
Yakima Products
Atera GmbH
Uebler
Rhino-Rack
Hollywood Racks
By the product type, the market is primarily split into
Rear & Hitch Bike Racks
Roof Mounted Bike Racks
By the end users/application, this report covers the following segments
SUV
Truck
Sedan
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