Press release
Sports Bicycle Market Globally Grow at a CAGR of 6.23% by Revenue During the Forecast Period 2016-2020
About Sports BicycleSports 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.
Technavios analysts forecast the global sports bicycle market to grow at a CAGR of 6.23% during the period 2016-2020.
Covered in this report
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
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.
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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
Market challenge
Rise in prices of raw materials
For a full, detailed list, view our report
Market trend
Development of innovative products
For a full, detailed list, view our report
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