Bicycle Market Share, Growth, Segment Analysis by Types, Application and Outlook Forecast 2019-2025

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.

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.

The global Bicycle market was 28200 million US$ in 2018 and is expected to 37900 million US$ by the end of 2025, growing at a CAGR of 3.8% between 2019 and 2025.

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This report studies the Bicycle market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bicycle in these regions, from 2014 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)

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

Giant Bicycles

Hero Cycles

TI Cycles

Trek

Shanghai Phonex

Atlas

Flying Pigeon

Merida

Xidesheng Bicycle

OMYO

Emmelle

Avon Cycles

Tianjin Battle

Cannondale

Libahuang

Specialized

Trinx Bikes

DAHON

Cycoo

Bridgestone Cycle

Laux (Tianjin)

Samchuly Bicycle

Cube

Pacific Cycles

Derby Cycle

Grimaldi Industri

Gazelle

KHS

Forever

Scott Sports

Fuji Bikes

Pashley Cycles

Accell Group

Huffy

LOOKC

By the product type, the market is primarily split into

20 Inch

24 Inch

26 Inch

27 Inch

Others

By the end users/application, this report covers the following segments

Transportation Tools

Recreation

Racing

Physical Training

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