Press release
Road Bikes Market to Witness Huge Growth by 2023 | Leading Key Players: Hero Cycles, Fuji Bikes, Xidesheng Bicycle
Road Bikes market
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Summary
Scope of the Study
Road Bike also is known as road bicycle is a bike which is designed for road cycling. Though it is not comfortable to ride, the speed is the main feature of the road bike. Under certain regulations led down by the government, the design of the bicycle has been crafted.. The market study is being classified by Type (Mountain , Hybrid , Road and Others), by Application (Trekking and Recreational Activity) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .
Market Leaders and their expansionary development strategies
Accell Group has successfully completed the expansion of its minority stake in Velosophy BV to 100%. With the acquisition, Accell Group accelerates its innovation strategy
Accell group strengthens position in 'urban mobility' market with acquisition (e-) cargo bike specialist velosophy
Competitive Landscape
Giant Bicycles Inc. (China) , Atlas Cycles Ltd. (India) , Derby Cycle Holding GmbH (Germany) , Trek Bicycle Corporation (United States) , Avon Cycles Ltd. (India) , Zhonglu Co., Ltd. (China) , Tube Investments of India Limited (India) , Dorel Industries Inc. (Canada) , Merida Industry Co., Ltd. (China), Tandem Group plc (United Kingdom) , Samchuly Bicycle Co., Ltd. (South Korea) , F.I.V.E. Bianchi S.p.A. (Italy) and Specialized Bicycle Components (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hero Cycles (India) , Fuji Bikes (United States) , Xidesheng Bicycle (China) and Accell (Netherlands).
Electric bicycles continue to win over conventional bicycles, in terms of both supply and demand
Market Drivers
Due to intensifying traffic congestion issue and increasing fuel prices
Among consumers, there is growing health concerns issue
Increasing government support encouraging adoption of bicycles in developed as well as developing economies
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Market Trend
Popularity of dockless bicycle sharing systems is rising
Increase in the use of folding electric bicycles and demand for bicycles by improving safety features and appearance
Growth of the electric segment can be attribute to the fact that electric bicycles are easy to operate
Restraints
Lack of the infrastructure which are necessary to support and encourage commutation of bicycle
Opportunities
The key competitors are launching innovative bicycles and accessories, which will lead to increasing market growth
Key Target Audience
Men
Women
Kids
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Table of Contents
1 Market Overview
1.1 Road Bikes Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.5 Market Dynamics
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Road Bikes Type and Applications
2.1.3 Road Bikes Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Road Bikes Market Competition, by Manufacturer
3.1 Global Road Bikes Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Road Bikes Revenue and Market Share by Manufacturer (2016-2017)
3.3 Global Road Bikes Price by Manufacturer (2016-2017)
3.4 Market Concentration Rate
3.5 Market Competition Trend
4 Global Road Bikes Market Analysis by Regions
5 North America Road Bikes by Countries, Type, Application and Manufacturers
6 Europe Road Bikes by Countries, Type, Application and Manufacturers
7 Asia-Pacific Road Bikes by Countries, Type, Application and Manufacturers
8 South America Road Bikes by Countries, Type, Application and Manufacturers
9 Middle East and Africa Road Bikes by Countries, Type, Application and Manufacturers
10 Global Road Bikes Market Segment by Type
11 Global Road Bikes Market Segment by Application
12 Road Bikes Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
....Continued
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