Press release
Bicycle Market to reach USD 94.25 Bn by 2029, Technological Advancements and Growth Opportunities
Bicycle Market
Bicycle Market Report Scope and Research Methodology
Bicycles are eco-friendly and efficient modes of transportation that can reduce pollution, escape traffic jams, and reach destinations quickly. These factors are driving market growth worldwide. The report also states that the Asia Pacific region held 64% of the market share in 2021.
The research methodology of the report considers 2021 as the base year, with special attention given to the effect of the COVID-19 pandemic on the market. The report examines the impact of the pandemic on demand and supply, and specific strategic analyses of companies that have performed well during the lockdown.
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Bicycle Market Dynamics
The growing importance of celebrity endorsements, increased media coverage of cycling competitions, and government measures to boost participation rates are expected to fuel market growth. Furthermore, new technologies and advanced manufacturing methodologies used in the production of bicycles are increasingly being applied to the production of sports and mountain bikes.
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Bicycle Market Regional Insights
The Asia-Pacific region is the largest and fastest-growing region, with China, Japan, Australia, India, and South Korea leading the way. Cycling competitions in these countries are expected to boost demand for sports bicycles. In addition, the well-developed cycling infrastructure in European countries like Germany, Denmark, and the Netherlands is expected to drive the electric bicycle market in these regions.
Bicycle Market Segmentation
By Product:
• Mountain Bikes
• Hybrid/Cross
• Road
• Cruisers
• Electric
By Price:
• Premium
• Mid-range
• Low-range
By End User:
• Men
• Women
• Kids
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Bicycle Market Key Competitors include:
• Giant Bicycles Inc.
• Atlas Cycles Ltd
• Derby Cycle Holding GmbH
• Trek Bicycle Corporation
• Avon Cycles Ltd.
• Zhonglu Co., Ltd
• Accell Group N.V.
• Tube Investments of India Limited
• Dorel Industries Inc.
• Merida Industry Co., Ltd
• Tandem Group plc
• Samchuly Bicycle Co., Ltd
• F.I.V.E. Bianchi S.p.A
• Specialized Bicycle Components
• Hamilton Industries Pvt. Ltd
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Table of Content for Bicycle Market:
Global Bicycle Market: Research Methodology
Global Bicycle Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Bicycle Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Bicycle Market Segmentation
Global Market, by Product (2021-2029)
Global Market, by Price (2021-2029)
Global Market, by End User (2021-2029)
Regional Bicycle Market (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Price (2021-2029)
Regional Market, by End User (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Know More About The Report:
https://www.maximizemarketresearch.com/market-report/global-bicycle-market/20033/
Key Types:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product, Price and End User
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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