Lucintel Forecasts Bicycle Market to Grow at a CAGR of 8.8%
Browse 130 figures / charts and 72 tables in this 178 -page report to understand trends, opportunities and forecast in bicycle market by type (road bicycle, mountain bicycle, kids bicycle, e-bicycle, and other bicycles) and region (North America, Europe, Asia Pacific, and the Rest of the World).
"E-bicycle market is expected to remain the largest segment during the forecast period."
Based on type, the bicycle market is segmented into road bicycle, mountain bicycle, kids bicycle, e-bicycle, and other bicycles. Lucintel forecasts that the e-bicycle market is expected to remain the largest segment and it is also expected to witness the highest growth over the forecast period due to the increasing demand for zero emission climates, government regulations, and safety standards for bicycling. Development of cycling infrastructure will have a larger impact on the electric bicycle market in emerging markets in the coming years.
"Europe will dominate the bicycle market in near future"
Europe is expected to be the largest region with the highest growth over the forecast period due to government initiatives to promote sustainable transportation and a healthier lifestyle.
Download Brochure of this report by clicking on https://www.lucintel.com/bicycle-market-report.aspx
Major players of bicycle market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Giant Manufacturing, Merida Industry Co. Ltd., Accell Group NV, Dorel Industry, Tube Investment of India Ltd., Ideal Bike Corporation, Hero Cycles Ltd. are among the major bicycle providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/bicycle-market-report.aspx or firstname.lastname@example.org
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Electric Bicycle Market:
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European Hydration Bottle Market:
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Hydration Bottle Market:
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US Hydration Bottle Market:
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Hydration Pack Market:
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Telecom Tower Market:
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Agriculture Drone Market:
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