Bicycle Accessories Market Size Forecasted To Achieve $20.9 Billion By 2029 With Steady Growth

The Bicycle Accessories Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Bicycle Accessories Market Size and Projected Growth Rate?
The Bicycle Accessories Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Bicycle Accessories Market Size and Projected Growth Rate?

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What Are the Major Segments in the Bicycle Accessories Market?
The bicycle accessories market covered in this report is segmented -

1) By Product: Apparels, Components
2) Bicycle Type: Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes, Other Bicycle Types
3) By marketplace: Original Equipment Manufacturer (OEM), After market
4) By Sale Channel: Offline, Online

Subsegments:
1) By Apparel: Cycling Jerseys, Cycling Shorts, Gloves, Jackets, Socks, Helmets, Footwear
2) By Components: Bicycle Lights, Locks, Pumps, Fenders, Racks, Mudguards, Bottle Cages, Repair Kits, Bike Computers

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What Are The Driving Bicycle Accessories Market Evolution?
The anticipated surge in e-bike sales is predicted to boost the bicycle accessories market in the future. An electric bike, often known as a motorized bicycle, employs an electric motor to aid in propulsion. Accessories for bicycles such as helmets, batteries, front and rear lamps, and alloy pedals are designed to aid riders in their cycling experience. Rize Bikes, a well-known Canadian e-bike manufacturer, reported in January 2024 that the U.S. e-bike market was worth $800 million and is expected to grow to $1.2 billion by 2025. Therefore, the increasing sales of e-bikes are fueling the growth of the bicycle accessories market.

Which Firms Dominate The Bicycle Accessories Market Segments?
Major companies operating in the bicycle accessories market include Continental AG, Garmin Ltd., Shimano Inc., Giant Manufacturing Co. Ltd., Trek Bicycle Corp., Fox Factory Inc., Accell Group N.V., Merida Industry Co. Ltd., Thule Group AB, ABUS August Bremicker Söhne KG, SRAM LLC, Specialized Bicycle Components Inc., DT Swiss, Campagnolo S.R.L, Samchuly Bicycle Co. Ltd., Scott Sports SA, Endura Ltd., Cannondale Bicycle Corporation, Mavic SAS, Eastman Industries Ltd., Blackburn Design, Sigma Sport, Selle Italia S.p.A., Avon Cycles Ltd., Park Tool Company, Lezyne USA Inc, BBB Cycling, Cateye Co. Ltd., Topeak Inc., Giro

What Trends Are Expected to Dominate the Bicycle Accessories Market in the Next 5 Years?
In the bicycle accessory industry, key players are forming strategic alliances with the goal of creating eBikes and innovating electric-drive two-wheeler systems. Such partnerships involve companies utilising each other's unique strengths and resources to attain shared success and benefits. Reflecting this trend, Porsche eBike Performance GmbH, a bicycle production company based in Germany, declared in August 2022 that it was collaborating with Ponooc Investment B.V., an independent venture capital firm from the Netherlands. This joint effort will be steered by a new managerial team and is expected to bring substantial growth to Porsche's work in the e-bike sector. The company has plans to design and produce powerful eBike systems under the Porsche brand name, complemented by compact drive systems from Fazua. Anticipated to be sold to e-bike manufacturers globally, these products will position the newly formed joint venture as a technology collaborator. The electric drive systems will be used in Porsche eBikes as well as other manufacturers' products.

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Which Is The Largest Region In The Bicycle Accessories Market?
Asia-Pacific was the largest region in the bicycle accessories market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the bicycle accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Bicycle Accessories Market?
2. What is the CAGR expected in the Bicycle Accessories Market?
3. What Are the Key Innovations Transforming the Bicycle Accessories Industry?
4. Which Region Is Leading the Bicycle Accessories Market?

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