Press release
Global Sports Bicycle Market Will grow at a CAGR of 6.23% during Forecast 2016-2020
Albany, NY, Oct 26: Sports bicycles are made to be fast and easy to handle on mountainous, rocky terrain as well as on smooth surfaces such as roads. They use advanced technologies, high-quality gears and brakes, and, in the case of mountain bikes, wider tires than those used in road bicycles. Apart from being used for sports activities, these bicycles can also be used for regular commuting.The global sports bicycle market to grow at a CAGR of 6.23% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global sports bicycle market for 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of sports bicycles.
The market is divided into the following segments based on product:
- Mountain bicycles
- Cyclo-cross bicycles
- Road racing bicycles
- Track bicycles
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Technavio's report, Global Sports Bicycle Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Jamis Bicycles
- Kestrel Bicycles
- Schwinn
- SCOTT
Other prominent vendors
- Atlas
- Bianchi Bicycle
- Giant Bicycle
- GT Bicycles
- Hero Cycles
- Jenson USA
- K2 Sports
- Raleigh Bicycles
- Redline Bicycles
- Seven Cycles
- Trek Bicycle
Market driver
- Popularity of bicycle rental programs
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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