Press release
Bicycle Market 2018 Size, Shares | Global Industry Revenue by Top Key Companies - Giant Bicycles, Hero Cycles, TI Cycles, Trek, Shanghai Phonex, Atlas
Bicycle, often called a bike or cycle, is a non-automatic vehicle with two wheels in tandem, usually propelled by pedals connected to the rear wheel by a chain, and having handlebars for steering and a saddle like seat.Global “Bicycle Market” Report Covers a detailed Outlook and future prospects of the Industry. The Bicycle Market report includes various topics like market size & share, Product types, applications, key market drivers & restraints, challenges, growth opportunities, key players, competitive landscape.
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Bicycle is principal means of transportation, it also provide a popular form of recreation, and have been adapted for use as children's toys, general fitness, courier services, and bicycle racing. Due to the straightforward production technology as well as low cost and price, bicycle industry gets a fast development in recent years. The production of bicycles is concentrated in the China, USA, Europe and India. Giant Bicycles, Hero Cycles, TI Cycles, Trek, Shanghai Phonex, Atlas, Flying Pigeon famed for their bicycle production, are among the major bicycle producers in the world.
Global sales of bicycles will increase to 132214 K Units in 2016 from 118969 K Units in 2012. It is predicted that the global bicycle demand will develop with an average growth rate of 1.39% in the coming five years.
Currently, most of bicycles produced in China are exported to other countries, such as USA and West Europe. Moreover, Chinese producers also are the major OEMs for the foreign famous brands. According to the research, Giant provides OEM service to Trek, based in Taiwan and China Mainland.
Over the next five years Bicycle will register a 5.0% CAGR in terms of revenue, reach US$ 37700 million by 2023, from US$ 28200 million in 2017.
The Key Players Covered in this report:
• Giant Bicycles
• Hero Cycles
• TI Cycles
• Trek
• Shanghai Phonex
• Atlas and More....
Our Market Research Solution Provides You Answer to Below Mentioned Question:
• Which are the driving factors responsible for the growth of this market?
• Which are the roadblock factors for this market?
• What are the new opportunities responsible for the growth in the coming years?
• What are the present and future trends in this market?
• Which are the main factors responsible for a new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales, and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2018?
• How will each segment grow over the forecast period and how much revenue will these segments account for, in 2023?
• Which region has more growth opportunities?
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Segmentation by product type:
• 20 Inch
• 24 Inch
• 26 Inch
• 27 Inch
• Others
Segmentation by application:
• Transportation Tools
• Recreation
• Racing
• Physical Training
• Others
Research objectives
• To analyze the Bicycle with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Bicycle submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies and More…
Table of Contents
1 Scope of the Report
2 Executive Summary
3 Global Bicycle by Players
4 Bicycle by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
TOC Continued….!
Tables And Figures
• Figure Picture of Bicycle
• Table Product Specifications of Bicycle
• Figure Bicycle Report Years Considered
• Figure Market Research Methodology
• Figure Global Bicycle Consumption Growth Rate 2013-2023 (K Units)
• Figure Global Bicycle Value Growth Rate 2013-2023 ($ Millions)
• Table Bicycle Consumption CAGR by Region 2013-2023 ($ Millions) and More….
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