Press release
Latest Trends In Global Bicycle Market
China, India, the European Union, Taiwan, and Japan account for 87 percent of global manufacturers.
Netherlands is one of the biggest markets in Europe with cycling being a prominent role in daily life having specific planning and laws for bicycles and its users in the country
Denmark, Belgium, Italy and France are focusing more on developing infrastructure for electric bicycles and bikes .
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Individuals all across the globe are increasingly becoming more aware of their fitness, which is eventually resulting in the growing demand for the bicycle as an alternative way of transport.
Compared to conventional bicycles, currently, the overall demand for e-bicycles is evolving and is expected to gather a larger market share.
GLOBAL BICYCLE MARKET SIZE & FORECAST
The Global Bicycle Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
RECENT PARTNERSHIP
Shimano, a renowned manufacturer of cycling components, joined forces with Specialized, a leading bicycle brand, to develop cutting-edge technologies for the cycling community.
This partnership has resulted in the integration of Shimano's advanced electronic shifting systems, such as Di2, into Specialized's high-performance road and mountain bikes.
The collaboration aims to enhance the overall riding experience by providing precise and reliable gear shifting, improved ergonomics, and seamless integration between bike and rider.
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Trek Bicycle Corporation and Bontrager, a well-known cycling accessories brand, have formed a strategic partnership to focus on developing innovative solutions for rider safety.
The collaboration has led to the introduction of groundbreaking technologies such as Bontrager's WaveCel helmet technology, which provides enhanced protection against rotational forces during impacts.
Additionally, the partnership has focused on creating high-visibility apparel and accessories to improve rider visibility and reduce accidents on the road.
COMPANY PROFILE
Giant Manufacturing Co. Ltd (Taiwan)
Merida Industry Co., Ltd. (Taiwan)
Bridgestone Co. (Japan)
Shimano, Inc. (Japan)
Hero Cycles Ltd. (India)
Atlas Cycles Ltd. (India)
Avon Cycles Ltd. (India)
Hamilton Industries Pvt. Ltd. (India)
Shanghai Forever Import & Export Co., Ltd. (China)
Shanghai Phoenix Imp. & Exp. Co., Ltd. (China)
Accell Group N. V. (The Netherlands)
Trek Bicycle Corp. (USA)
Cannondale Bicycle Corporation (USA)
Pacific Cycle Group (USA)
Schwinn Bicycles (USA)
Santa Cruz Bicycles (USA)
Specialized Bicycle Components, Inc. (USA)
Dorel Industries Inc. (Canada)
Wilier Triestina S.p.A (Italy)
I.V. Edoardo Bianchi S.p.A (Italy)
Maxeurope(Bulgaria)
Lapierre SA(France)
Tandem Group plc (UK)
Raleigh Ltd. (UK)
Winora Staiger GmbH (Germany)
Amer Sports Corporation (Finland)
Cycleurope AB (Sweden)
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THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
Bicycle Market size and Forecast, by region, by application
Average B-2-B price for Bicycle Market, by region, per user
Technology trends and related opportunity for new Bicycle Market tech suppliers
Bicycle Market share of leading vendors, by region,
Coronavirus impact on Bicycle Market earnings
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About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it's our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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