Press release
Bicycle Components Aftermarket is projected to grow at CAGR of 7.0% from 2021 to 2031
According to a recent report by Future Market Insights (FMI), the bicycle components aftermarket is projected to grow at CAGR of 7.0% from 2021 to 2031, surpassing US$ 26.5 Bn. The demand for bicycle components is associated with the rise in demand for bicycles.The rise in the number of people choosing bicycling as a leisure activity is expected to fuel sales and revenue. Bicycles are projected to emerge as a convenient method of exercise and transport. Dock less bicycle-sharing systems have also supported market developments.
Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5829
People are becoming increasingly aware about the importance of healthy lifestyles and exercise. As more individuals turn to biking as a regular fitness method, the demand for components is expected to expand.
The growing relevance of sports activities, celebrity endorsement, and international or national sporting events are increasing bicycle use. In addition, an increase in government programs in several nations aimed at increasing participation rates has aided growth in recent years.
Bicycle components will see a considerable increase in demand due to rising bicycle sales and the growing popularity of environment friendly e-bikes. Manufacturers are also being pressured by environmental regulations to develop associated tech improvements. Low-cost part production in Southeast Asia and the development of new transit corridors will create a conducive environment for growth.
Key Takeaways from Market Study
• Electric bikes will account for over 24.2% by 2031 owing to the demand for emission-free, energy-efficient, and low-cost, transport options.
• Road bicycles to account for over 55% of sales by 2031 owing to light weight characteristics and smoother gear shifting and better braking performance.
• India is a major market in the South Asia and Pacific holding over 30% of value share, supported by a vast consumer base for low-cost transport.
• China will hold more than 70% of the East Asia market by 2031, supported by demand in recreation and transport sectors, and the rising popularity of bike sharing programs.
• The U.S. dominates North America with a share of 86.7% in 2021, with growing health awareness among buyers driving sales.
“Low-cost manufacturing in South-East Asia and Africa, in addition to new transit routes, are likely to boost the demand for bicycle components by improving logistics. Distributors in South Asia and Pacific and MEA are expected to adopt aggressive marketing strategies to gain competitive edge,” said an analyst at FMI.
Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-5829
Key Market Segments Covered
Component Type:
• Derailleurs
• Road Groupsets
• Suspensions
• Wheel Sets
• Brakes
• Hydraulic
• Mechanical
• Caliper Type
• Gears
• Others (Bottom Brackets etc.)
Sales Channel:
• Specialty Bicycle Retailers
• Discount Stores
• Department Stores
• Full-line Sporting Goods Stores
• Outdoor Specialty Stores
• Other Sales Channel
Bicycle Type:
• Mountain Bike
• Hybrid/Cross
• Road
• Comfort
• Youth
• Cruiser
• Recumbent/Tandem
• Electric
• Folding
Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa
Bicycle Components Market Competitive Landscape
Leading players in the bicycle component aftermarket are focused on keeping up with design improvements brought out by OEMs. Strategies to expand production capacity, while keeping production costs low remain important for industry participants.
Some the key players in the bicycle components market are Dorel Industries Inc., Accell Group N.V., Shimano Inc., SRAM LLC, Hero Cycles Limited, Campagnolo S.R.L., Merida Industry Co., Ltd., Specialized Bicycle Components, Rohloff AG, Giant Manufacturing Inc., and Avon Cycles Ltd.
Get Full Report Now @ https://www.futuremarketinsights.com/reports/bicycle-components-market
Key Points Covered in the Bicycle Components Aftermarket Study
• Market estimates and forecast 2021-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand Share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Bicycle Components Aftermarket and How to Navigate
• Recommendation on Key Winning Strategies
Top Reports Related To Automotive Market Insights
Automotive Pump Market: https://www.futuremarketinsights.com/reports/automotive-pumps-market
The automotive pump market is expected to witness a significant growth in 2021, thanks to the implementation of various carbon emission norms across various countries. A study by Future Market Insights (FMI) on automotive pump market has forecast it to reach US$ 106.0 Mn by the end of 2031, growing at a CAGR of 6.1% over the forecast years (2021-2031).
Aircraft Cabin Interior Market: https://www.futuremarketinsights.com/reports/global-aircraft-cabin-interior-market
According to Future Market Insight’s (FMI), the global aircraft cabin interior market is forecast to grow at 2.70% in 2021, overcoming the uncertainty about market recovery and performance during a global pandemic. FMI also predicts that the aircraft cabin interior market will exceed the overall market valuation of US$ 14.5 Bn by the end of 2021.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bicycle Components Aftermarket is projected to grow at CAGR of 7.0% from 2021 to 2031 here
News-ID: 2503560 • Views: …
More Releases from Future Market Insights

Workstation Software Market to Soar to USD 43.9 Billion by 2035, Fueled by 3D Mo …
Rising Demand for Workstation Software Across Industries
The global workstation software market is set for robust growth, driven by increasing demand for advanced visualization, simulation, and design tools across industries such as manufacturing, architecture, media, and entertainment. Valued at USD 14.8 billion in 2025, the market is projected to reach USD 43.9 billion by 2035, registering a compound annual growth rate (CAGR) of 11.5%. This surge reflects the rising complexity of…

Bean Flour Market Set for Robust Growth in the USA at 6.27% CAGR Through 2035
The global bean flour market is entering a period of remarkable expansion, driven by surging demand for plant-based nutrition and gluten-free alternatives. Analysts forecast the market to grow from USD 5,075.3 million in 2025 to USD 9,262.0 million by 2035, reflecting a CAGR of 6.2%. This trajectory highlights an unparalleled opportunity for manufacturers to address evolving consumer preferences while enhancing sustainability and profitability.
As the world shifts towards cleaner diets and…

Blueberry Ingredient Market Set to Soar with 6.27% Growth in the USA by 2035
The blueberry ingredient industry has firmly established itself as a cornerstone of the functional foods, nutraceuticals, and natural flavoring sectors. Analysts project the market valuation to reach approximately USD 2.8 billion by 2025, with a robust CAGR of 6.5% forecasted from 2025 to 2035. This growth is being fueled by the escalating demand for clean-label products, plant-based formulations, and functional solutions across the food, beverage, and cosmetic industries.
Click Here for…

Activated Cake Emulsifier Market Set for 6.27% Growth in the USA, Poised to Tran …
The activated cake emulsifier market is entering a transformative phase, driven by evolving consumer preferences toward premium, high-quality bakery products. Estimated to reach USD 1,343.2 million in 2025, the market is projected to achieve USD 2,360.5 million by 2035, representing a robust 5.8% CAGR over the next decade. This growth offers a strategic opportunity for manufacturers to meet rising consumer demands while future-proofing operations through innovation, regional customization, and sustainability.
Click…
More Releases for Bicycle
High-End Bicycle Market Size, Growth Analysis 2031 by Key Vendors- Derby Cycle, …
USA, New Jersey: According to Verified Market Reports analysis, the global High-End Bicycle Market size stood at USD 10.24 Billion in 2024 and is forecast to achieve USD 15.67 Billion by 2033, registering a 5.1% CAGR from 2026 to 2033.
What is the current outlook of the high-end bicycle market?
The high-end bicycle market is experiencing steady growth, driven by increasing consumer interest in premium cycling experiences, sustainability, and advanced bike technologies.…
High-End Bicycle Market to Witness Revolutionary Growth by 2028 | Derby Cycle, G …
High-End Bicycle Market 2023 Forecast: Unveiling Opportunities and Growth
High-End Bicycle Market research report helps to recognize the market challenges and opportunities. Global High-End Bicycle Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of every area including the volume of…
Sports Bicycle Market Is in Huge demand | Trek Bicycle, Raleigh Bicycle, Kestrel …
Global Sports Bicycle Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved…
Road Bicycle Market to Eyewitness Huge Growth by 2028 : Brompton Bicycle, Dorel …
The latest study released on the Global Road Bicycle Market by AMA Research evaluates market size, trend, and forecast to 2028. The Road Bicycle market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Download Sample Report…
Bicycle Helmet market Projected To Grow 2.7% Cagr Through 2025 | Trek Bicycle Co …
Bicycling is a type of sport, which is carried out for fitness purpose or as a fun activity. Wearing helmet while riding a bicycle is advised to prevent head injuries caused due to accidents. Bicycle helmets are classified based on its use such as helmet for road cycling, helmet for mountain cycling, and fitness cycling applications.
The global Bicycle Helmet market is valued at 636.2 million in 2020 and is expected…
Global Sports Bicycle Market Forecast 2018-2025 Atlas Cycles, Bianchi Bicycle, G …
Recently added detailed market study "Global Sports Bicycle Market" examines the performance of the Sports Bicycle market 2018. It encloses an in-depth Research of the Sports Bicycle market state and the competitive landscape globally. This report analyzes the potential of Sports Bicycle market in the present and the future prospects from various angles in detail.
The Global Sports Bicycle Market 2018 report includes Sports Bicycle market Revenue, market Share, Sports Bicycle…