openPR Logo
Press release

Detailed Analysis of Bicycle Market| Business Growth, Development Factors, Current and Future Trends till 2030 | Oracle, Kenexa, Halogen Software, SAP, Ceridian

01-13-2024 10:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Detailed Analysis of Bicycle Market| Business Growth,

Bicycle Market is growing at a considerable CAGR of 6.5% during the forecast period. Time-efficient for a short distance and economical is considered as the prime factors affecting and driving the market. The increasing preference of people for non-polluting vehicles along with a growing number of events associated with cycling is also estimated to be the key factors that are contributing significantly towards the growth of the market. However, unsuitable for traveling a long distance is the major factor constraint that is hindering the growth of the global bicycle market across the globe.

Moreover, emerging advanced bicycles along with rising government support is also enhancing the demand for bicycles that are creating opportunities in the market. New product launches in the market are likely to drive the growth of the global bicycle market. For instance, in February 2021, Giant Bicycles had introduced the XtC Advanced SL 29 that is a World Champion edition frameset considered to be super light and is having advanced SL-grade composite. These Bicycles support gaining stiffness-to-weight ratio provided to any Hardtail mountain bike with ultra-efficient pedaling power along with precise handling on the trail provided in it.

The global bicycle market is segmented based on product type, technology, and distribution channel. Based on product type, the market is segmented into mountain bicycle, hybrid bicycle, and road bicycle, and other. By technology, the market is segmented into electric and conventional. Further, based on distribution channel the market is segmented into online channel and offline channel.

Based on the product type, mountain bicycle holds a significant share in the market segment. The mountain bicycle offers more comfort so that its riders can conveniently continue opting for this bicycle as a form of leisure and adventure. Additionally, a large number of people entering sports are likely to boost the segment and the mountain bicycle reduces the risk of diseases and stress on joints which in turn is expected to further fuel segment growth.

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

Bicycle Market Segmentation

By Product Type

· Mountain Bicycle

· Hybrid Bicycle

· Road Bicycle

· Other

By Technology

· Electric

· Conventional

By Distribution Channel

· Online Channel

· Offline Channel

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

Regional Analysis

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

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. 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-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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Detailed Analysis of Bicycle Market| Business Growth, Development Factors, Current and Future Trends till 2030 | Oracle, Kenexa, Halogen Software, SAP, Ceridian here

News-ID: 3351114 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for Bicycle

High-End Bicycle Market Size, Growth Analysis 2031 by Key Vendors- Derby Cycle, …
USA, New Jersey: According to Verified Market Reports analysis, the global High-End Bicycle Market size stood at USD 10.24 Billion in 2024 and is forecast to achieve USD 15.67 Billion by 2033, registering a 5.1% CAGR from 2026 to 2033. What is the current outlook of the high-end bicycle market? The high-end bicycle market is experiencing steady growth, driven by increasing consumer interest in premium cycling experiences, sustainability, and advanced bike technologies.
High-End Bicycle Market to Witness Revolutionary Growth by 2028 | Derby Cycle, G …
High-End Bicycle Market 2023 Forecast: Unveiling Opportunities and Growth High-End Bicycle Market research report helps to recognize the market challenges and opportunities. Global High-End Bicycle Market report contains the recent forecast research for the predicted period. The report extensively offers the latest information about the technological developments and market growth prospect on the basis of the regional landscape. This Report offers a complete evaluation of every area including the volume of
Sports Bicycle Market Is in Huge demand | Trek Bicycle, Raleigh Bicycle, Kestrel …
Global Sports Bicycle Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved
Road Bicycle Market to Eyewitness Huge Growth by 2028 : Brompton Bicycle, Dorel …
The latest study released on the Global Road Bicycle Market by AMA Research evaluates market size, trend, and forecast to 2028. The Road Bicycle market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors. Download Sample Report
Bicycle Helmet market Projected To Grow 2.7% Cagr Through 2025 | Trek Bicycle Co …
Bicycling is a type of sport, which is carried out for fitness purpose or as a fun activity. Wearing helmet while riding a bicycle is advised to prevent head injuries caused due to accidents. Bicycle helmets are classified based on its use such as helmet for road cycling, helmet for mountain cycling, and fitness cycling applications. The global Bicycle Helmet market is valued at 636.2 million in 2020 and is expected
Global Sports Bicycle Market Forecast 2018-2025 Atlas Cycles, Bianchi Bicycle, G …
Recently added detailed market study "Global Sports Bicycle Market" examines the performance of the Sports Bicycle market 2018. It encloses an in-depth Research of the Sports Bicycle market state and the competitive landscape globally. This report analyzes the potential of Sports Bicycle market in the present and the future prospects from various angles in detail. The Global Sports Bicycle Market 2018 report includes Sports Bicycle market Revenue, market Share, Sports Bicycle