Bicycle Components Market To Reach USD 5.61 Billion By 2023 - Segmentation & Industry Analysis Research Report 2018 | Major Key Manufacturers: Mitsubishi Rayon, Currie Technologies Inc, Sabic Innovative Plastics India pvt Ltd, Cannondale Bicycle Corporati

The Bicycle Components Market research report provided by Crystal Market Research (CMR) is the most detailed study about Bicycle Components Market that is estimated to grow at a tremendous rate over the forecast period 2018-2025. This report contains precise and updated insights in respect with the leading market players and prevailing regions of the business.

Bicycle Components Market By Application, Technology and Components - Global Industry Analysis and Forecast to 2023: Industry Outlook and Trend Analysis
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.

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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.

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.

The Bicycle Components Market is segmented as follows-
By Application:
Road Bike
City Bike
Mountain Bike
Children Bike
Electric Bike

By Technology:
Discontinuous Fiber Composites
Continuous Fiber Composites
Metals

By Component:
Saddles
Rims
Frames
Other Components

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.

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) and Rest of the World: (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates & Others)

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.

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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.

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.

Major Table of Contents:
Part 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Part 2. Executive Summary
2.1. Key Highlights

Part 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing Demand For Environment-friendly Mode of Commutation
3.2.1.2. Surge in Adoption of Bicycles
3.2.2. Restraints
3.2.2.1. Increasing Need to Commute on a Longer Route
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities

Part 4. Bicycle Components Market, By Application
4.1. Introduction
4.2. Bicycle Components Market Assessment and Forecast, By Application, 2014-2023
4.3. Mountain Bike
4.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.4. Road Bike
4.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.5. City Bike
4.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.6. Electric Bike
4.6.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.7. Children Bike
4.7.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
4.8. Other Applications
4.8.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)

Part 5. Bicycle Components Market, By Technology
5.1. Introduction
5.2. Bicycle Components Market Assessment and Forecast, By Technology, 2014-2023
5.3. Continuous Fiber Composites
5.3.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.4. Discontinuous Fiber Composites
5.4.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)
5.5. Metals
5.5.1. Market Assessment and Forecast, By Region, 2014-2023 ($Million)

…Read Full Table of Contents

Reasons to Buy the Report:
This report focuses on various levels of analysis—industry trends, market ranking of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the rapid microbiology testing market, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.

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