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Bicycle Parts and Accessories Market to Witness Robust Expansion by 2024– Top Key players like Shimano,SRAM,Fox Factory Holding,Inc.
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Bicycle Parts and Accessories are a general term for all parts and accessories of bicycles. According to the structural frame of the bicycle body, it can be divided into several categories: transmission parts, frame & forks parts, wheel parts, steering components, and so on.
Among the 25 accessories such as the transmission parts, frame & forks parts, wheel parts, steering components of bicycles, the basic components are indispensable. Among them, the frame is the skeleton of the bicycle, and it bears the greatest weight of people and goods. According to the working characteristics of each accessory, it can be roughly divided into guiding system, driving system and braking system.
The bicycle parts and accessories is classified into the transmission parts, frame & forks parts, wheel parts, steering components and other according to the bicycle body structure.
The bicycle parts and accessories market is relative concentrated market; key players include Shimano, SRAM, Fox Factory Holding, Campagnolo, HL CORP, GIANT, DT SWISS, Prowheel, MERIDA, Dorel Industries, Eastman Industries Limited, Colnago; the revenue of top five manufacturers accounts about 71% of the total revenue in 2018. The high-end products mainly come from Japan and USA.
According to this study, over the next five years the Bicycle Parts and Accessories market will register a 2.4% CAGR in terms of revenue, the global market size will reach US$ 6030 million by 2024, from US$ 5360 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Bicycle Parts and Accessories business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Shimano
SRAM
Fox Factory Holding
Campagnolo
HL CORP
GIANT
DT SWISS
Prowheel
MERIDA
Dorel Industries
Eastman Industries Limited
Colnago
Market Segment by Type, covers
Transmission Parts
Frame & Forks Parts
Wheel Parts
Steering Components
Market Segment by Applications, can be divided into
Mountain Bicycles
Road Bicycles
Others
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Related Information:
North America Bicycle Parts and Accessories Market Growth 2019-2024
United States Bicycle Parts and Accessories Market Growth 2019-2024
Asia-Pacific Bicycle Parts and Accessories Market Growth 2019-2024
Europe Bicycle Parts and Accessories Market Growth 2019-2024
EMEA Bicycle Parts and Accessories Market Growth 2019-2024
Global Bicycle Parts and Accessories Market Growth 2019-2024
China Bicycle Parts and Accessories Market Growth 2019-2024
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