Global Sports Bicycle Market to Valuation of USD 33929.5 Million By 2030 | Infinium Global Research

Infinium Global Research, a leading provider of market research reports, is pleased to announce the publication of an extensive report on the Global Sports Bicycle Market. This recent report offers an in-depth analysis of market segments and sub-segments on both the global and regional scales. It also delves into the influential factors, such as drivers, restraints, and macro indicators, affecting the global and regional sports bicycle market, both in the short and long term. With a focus on the latest trends, forecasts, and dollar values, this report is an invaluable resource for industry professionals and stakeholders. The global smart syringes market was valued at USD 18358.1 Million in 2022 and is expected to reach USD 33929.5 Million by 2030 and grow at a CAGR of 8.30% over the forecast period.

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The history of the bicycle dates back to its invention in Germany in 1817. Since its inception, the bicycle has undergone significant evolution, incorporating numerous innovative features and characteristics. This evolution has not only transformed the bicycle itself but has also given rise to various associated sports that require specialized equipment with specific features and modalities. Sports bicycles, designed for speed and maneuverability, are capable of conquering mountainous, rocky terrains as well as smooth road surfaces. These bicycles are equipped with high-quality gear and brake systems, enhancing riders' performance and experience. Mountain bikes, for example, feature wider tires to handle off-road adventures, while road racing bicycles prioritize lightweight construction for efficient climbing. As a result of these advancements, the sports bicycle market is poised for substantial growth in the forecast period.

The growth of the sports bicycle market is primarily attributed to the increasing participation of consumers in cycling activities. According to recent research from PeopleForBikes, over 100 million people, aged 3 and above, rode a bike at least once in 2016. This surge in cycling participation has a direct impact on the sales of sports bicycles in the global market. Moreover, the development of bicycle-friendly infrastructure is playing a significant role in propelling market growth. The global cycling community is further invigorated by the plethora of cycling events organized worldwide, boosting the demand for sports bicycles. However, the relatively high cost of sports bicycles remains a challenge to market expansion. Despite this, the growing government initiatives aimed at promoting cycling and outdoor activities present lucrative opportunities for industry vendors.

Europe stands out as a significant market for sports bicycles, primarily due to the region's strong focus on professional bicycle road racing. Continental Europe is at the forefront of the sport of cycling, with nearly 20 million bicycles and electric-powered bicycles (EPACs) sold annually, out of which approximately 13 million are produced within the European Union. Moreover, the European bicycle industry is committed to shaping the future of bicycles and pedal-assist electric bicycles through Intelligent Transport Systems, Connectivity, and Access to Data. European bicycle shops have shifted their focus towards mountain and racing bikes due to the growing interest in mountain biking.

The report on the global sports bicycle market covers a wide range of segments, including product type, application, and end-user. Product types include mountain bicycles, cyclo-cross bicycles, road racing bicycles, and track racing bicycles. The application segments encompass offline retail and online retail, while the end-user segments include adult sports bicycles and kids sports bicycles.

The report also provides comprehensive profiles of key companies in the market, including Atlas Cycles Ltd., F.I.V. E. Bianchi S.p.A., GIANT Manufacturing Co. Ltd., DOREL Industries Inc., Hero Cycles Ltd., Jenson USA, K2 Sports, LLC, Alta Cycling Group, Seven Cycles, Inc., and Trek Bicycle Corporation.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Sports Bicycle Market Highlights

2.2. Sports Bicycle Market Projection

2.3. Sports Bicycle Market Regional Highlights

Chapter 3. Global Sports Bicycle Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Analysis of COVID-19 impact on the Sports Bicycle Market

3.4. Porter's Five Forces Analysis

3.5. IGR-Growth Matrix Analysis

3.5.1. IGR-Growth Matrix Analysis by Product Type

3.5.2. IGR-Growth Matrix Analysis by Application

3.5.3. IGR-Growth Matrix Analysis by End-User

3.5.4. IGR-Growth Matrix Analysis by Region

3.6. Value Chain Analysis of Sports Bicycle Market

Chapter 4. Sports Bicycle Market Macro Indicator Analysis

Chapter 5. Global Sports Bicycle Market by Product Type

5.1. Mountain Bicycles

5.2. Cyclo-cross Bicycles

5.3. Road Racing Bicycles

5.4. Track Racing Bicycles

Chapter 6. Global Sports Bicycle Market by Application

6.1. Offline Retail

6.2. Online Retail

Chapter 7. Global Sports Bicycle Market by End-User

7.1. Adult's Sports Bicycle

7.2. Kids Sports Bicycle

Chapter 8. Global Sports Bicycle Market by Region 2023-2030

8.1. North America

8.1.1. North America Sports Bicycle Market by Product Type

8.1.2. North America Sports Bicycle Market by Application

8.1.3. North America Sports Bicycle Market by End-user

8.1.4. North America Sports Bicycle Market by Country

8.2. Europe

8.2.1. Europe Sports Bicycle Market by Product Type

8.2.2. Europe Sports Bicycle Market by Application

8.2.3. Europe Sports Bicycle Market by End-user

8.2.4. Europe Sports Bicycle Market by Country

8.3. Asia-Pacific

8.3.1. Asia-Pacific Sports Bicycle Market by Product Type

8.3.2. Asia-Pacific Sports Bicycle Market by Application

8.3.3. Asia-Pacific Sports Bicycle Market by End-user

8.3.4. Asia-Pacific Sports Bicycle Market by Country

8.4. RoW

8.4.1. RoW Sports Bicycle Market by Product Type

8.4.2. RoW Sports Bicycle Market by Application

8.4.3. RoW Sports Bicycle Market by End-user

8.4.4. RoW Sports Bicycle Market by Sub-region

Chapter 9. Company Profiles and Competitive Landscape

9.1. Competitive Landscape in the Global Sports Bicycle Market

9.2. Companies Profiles

9.2.1. Atlas Cycles Ltd.

9.2.2. F.I.V. E. Bianchi S.p.A.

9.2.3. GIANT Manufacturing Co. Ltd.

9.2.4. DOREL Industries Inc.

9.2.5. Hero Cycles Ltd.

9.2.6. Jenson USA

9.2.7. K2 Sports, LLC

9.2.8. Alta Cycling Group

9.2.9. Seven Cycles, Inc.

9.2.10. Trek Bicycle Corporation

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of sports bicycle.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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