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"U.S. & Canada Bicycle Accessories Market Forecasted to Exhibit 4.2% CAGR from 2023 to 2032

06-13-2023 12:46 AM CET | Tourism, Cars, Traffic

Press release from: Persistence Market Research

U.S. & Canada Bicycle Accessories Market

U.S. & Canada Bicycle Accessories Market

The U.S. & Canada bicycle accessories market is valued at US$ 2.33 Bn and is projected to expand steadily at a CAGR of 4.2% to reach a market value of US$ 3.53 Bn by the end of 2032.

North America Bicycle Accessories Market: Report Scope

Persistence Market Research recently published a report on the North America bicycle accessories market. The report provides a detailed valuation of key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the market structure. This market research report presents exclusive facts and figures about how the North America bicycle accessories market will grow over the forecast period of 2022 to 2032.

Key indicators of market background, such as value chain analysis and supply chain, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market are explained in Persistence Market Research's study in a comprehensive manner. This information can help readers understand the quantitative development projections of the market over the forecast period.

Click on the link for sample report: https://www.persistencemarketresearch.com/samples/33158

The study is relevant for stakeholders in the market, as well as manufacturers, distributors, suppliers, and investors, as it can help them understand the applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the bicycle accessories market, can leverage the information and statistics presented in this research report.

The report includes facts and figures related to the macro as well as micro-economic factors that are impacting the market growth. The study also offers actionable insights based on the future trends in the North America bicycle accessories market. Furthermore, regional players and new entrants in the market can also use the information presented in this report to make business decisions and gain momentum in this space.

Market Segmentation

Product

• Helmets
• Gloves & Warmers
• Jerseys/Tees/Jackets
• LED Lights
• Mirrors
• Bottle Cages
• Pumps
• Front Baskets & Luggage Carriers
• Bar Grips
• Kickstands
• Saddle & Covers
• Mudflaps
• Speedometers
• Horns
• Fenders

Bicycle Type

• Mountain Bikes
• Hybrid/Cross
• Road
• Comfort
• Youth
• Cruisers
• Electric & Others

Sales Channel

Offline

• Speciality Bicycle Retailers
• Full Line Sporting Goods Stores
• Department Stores & Others

Online

Country

• U.S.

• North East U.S.

• Mid-West U.S.

• West U.S.

• South U.S.

• Canada

• The Atlantic Provinces

• Central Canada

• The Prairie Provinces

• The West Coast

• The Northern Territories

Key Questions Answered in Report

• Which country is anticipated to hold a prominent market share over the forecast period?
• What will be the key driving factors propelling the demand for bicycle accessories during the forecast period?
• How will current trends impact the market?
• Who are the significant participants in the North America bicycle accessories industry?
• What are the crucial strategies of prominent players to upscale their positions in this landscape?

Click on the link for customized report: https://www.persistencemarketresearch.com/request-customization/33158

Research Methodology

In Persistence Market Research's report, an exclusive research methodology is utilized to conduct comprehensive research on the development of the North America bicycle accessories market, and reach conclusions on the future growth factors of the market. In this research methodology, secondary and primary research is utilized by analysts to ensure the precision and reliability of the conclusions.

Secondary resources are referred to by analysts during the evaluation of the market, which comprises facts and figures from the World Bank, IMF, US Energy Information Administration, International Energy Agency, local & regional government websites, white papers, trade journals, and external and internal databases. Analysts have thoroughly interviewed several industry experts, such as sales supervisors, sales operation managers, product portfolio managers, senior managers, market intelligence managers, marketing/product managers, engineering managers, and production managers to provide insightful information.

Comprehensive information acquired from primary and secondary resources is validated from companies operating in the bicycle accessories market, to make Persistence Market Research's projections on the growth prospects of the market more accurate and reliable.

Key Players:

• Accell Group
• Avon Cycles Ltd
• Campagnolo S.R.L.
• Garmin Ltd.
• Shimano Inc.
• Giant Manufacturing Co., Ltd.
• Merida Industry Co Ltd
• Samchuly Bicycle Co., Ltd
• Trek Bicycle Corporation

This report covers a thorough analysis of:

• Market segment
• Market dynamics
• Market size
• Supply demand
• Current Trends/Issues/Challenges
• Competition and related companies
• Technology
• Value chain

Regional analysis includes:

• North America (USA, Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, UK, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia and New Zealand)
• Japan
• Middle East and Africa (GCC countries, South Africa, North Africa)

Report highlights:

• Detailed overview of the top markets
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• competitive landscape
• Strategies of major players and products provided
• Potential and niche segments, areas showing promising growth
• A neutral view of market performance

Click on the link to access the full report: https://www.persistencemarketresearch.com/checkout/33158

Related Reports -

Aerospace Galley Trolley and Container Market: https://www.persistencemarketresearch.com/market-research/aerospace-galley-trolley-and-container-market.asp
Auto Parts Manufacturing Market: https://www.persistencemarketresearch.com/market-research/auto-parts-manufacturing-market.asp
Wheel Balancing Weights Market: https://www.persistencemarketresearch.com/market-research/wheel-balancing-weights-market.asp

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
The Automotive and Transportation division of PMR provides exclusive coverage and actionable insights about the automotive and transportation industry encompassing the automotive, aviation, shipping and marine, and railway sectors. Market findings and competition intelligence of OEM, aftermarket, services, and technology landscape have helped numerous industry stakeholders' right from automakers, component manufacturers, channel partners, and service providers in taking informed decisions and keeping them up-to-date with market behavior.

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