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Bicycle Accessories Market Will Generate Record Revenue by 2029

11-09-2023 06:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Bicycle Accessories Market Will Generate Record Revenue by 2029

The global bicycle accessories market is anticipated to grow at a CAGR of 7.5% during the forecast period (2023-2030). The market growth is attributed to the growing demand for infrastructure development and government initiatives across the globe. Around the globe, numerous governments have implemented investments in bicycle infrastructure, such as designated bike lanes and bicycling-friendly laws. The programmes and initiatives encourages individuals to use bicycles as an alternative means of transportation that has raised the demand for bicycle accessories. Resultantly, several market players are coming up with new products to cater to the demand for bike safety. 

For instance, in April 2023, according to the New York City Department of Transportation (NYC DOT) revealed new initiatives the organisation is taking to improve e-bike safety and increase bike infrastructure. In 2023, the NYC DOT is on schedule to construct a record number of protected bike lanes, harden more than 10 miles of already-existing lanes, and employ more durable materials in new lanes. A public awareness campaign about the safe use of e-bikes will also be launched by the NYC DOT in coming few years. 

To Request a Sample of our Report on Bicycle Accessories Market:  https://www.omrglobal.com/request-sample/bicycle-accessories-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Product 
By Bicycle Type
By Type
By Distribution Channel

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- includes Atlas Online Markets Llc, Avon Cycles Ltd., Bots Cycling Pvt. Ltd., Campagnolo S.R.L., Continental Reifen and others.

Bicycle Accessories Market Report Segment

By Product Type

Helmets
Gloves and Warmers
LED Lights
Kickstands
Saddles and Covers
Speedometers
Others

By Bicycle Type

Mountain Bikes
Road
Electric
Others

By Type

OEM
Aftermarket

By Distribution Channel

Specialty Bicycle Retailers
Full-Line Sporting Goods Stores
Online

A full Report of Bicycle Accessories Market is Available @  https://www.omrglobal.com/industry-reports/bicycle-accessories-market

Bicycle Accessories Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

Atlas Online Store LLC
Avon Cycles Ltd
Bots Cycling Pvt. Ltd
Campagnolo S.R.L
Continental Reifen
Currie Technologies 
Dt Swiss Group
Eastman Industries
Frankford Bicycle, Inc.
Garmin Ltd.
Lezyne
Marin Bikes 
Merida & Centurion Germany GmbH
Omax Corp.
Rohloff AG
Samchuly Bicycle Co. Ltd.
Specialized Bicycle Components, Inc.
Trek Bicycle Corp.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/bicycle-accessories-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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