What is the size of global bicycle market? The e-bicycles are equipped to manage the overall speeds more effectively, as a result providing comfortable driving experience to the rider in mountain areas, overpasses, and tough roads. Manufacturers can target the European market for increased sales and profits. 11.3.6.4 Certifications 9.4.3.3 Mexico 15. 8.8 Global Bicycle Market by Region 11.3.5.4 Certifications Latin America Bicycle Historical Market: Breakup by Country (USD Billion), 2016-2020 A4. Urban designer Mikael Colville-Andersen draws from his experience working for dozens of cities around the world on bicycle planning, strategy, infrastructure design, and communication. 8.8.1.5 Middle East and Africa Knowledge Sourcing Intelligence LLP. There has been a rapidly growing prevalence of diabetes at the global level. 9.4.3.2 Argentina By end uses, the industry is segmented into men, women, and kids. MarketsandResearch.biz has declared a new market research study entitled Global Bicycle Wheels Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 that comprises information with respect to the significant occasions that have occurred or are presently occurring in the business space. China, Japan, Australia, India, and South Korea are some of the top contributing countries in the region.Moreover, these countries have started hosting numerous cycling tournaments, which, in turn, will increase the popularity and demand for sports bicycles. Thereby further enhancing the market growth for the product. Thus, all the factors mentioned above are collectively contributing to the positive growth of the market during the next five years. Major market players in the market have been covered along with their relative competitive position and strategies and the report also mentions recent deals and investments of different market players over the last few years. The global overhead cranes market attained a value of USD 3.6 billion in 2020. 9.5.3.3 Nigeria Also, these are considered as basic bicycles which are highly suitable for short distances. Amid the COVID-19 crisis, the global market for Bicycles estimated at US$54.7 Billion in the year 2020, is projected to reach a revised size of US$78 Billion by 2026, growing at a CAGR of 6% over the analysis period. 8.5.3.2 Historical Trend (2016-2020) 8.4.2 Hybrid Bicycles 8.7.2.1 Market Share Uttar Pradesh 201301, India, Email: [email protected] 8.1 Key Industry Highlights 9.5.3.1 Saudi Arabia 5.3 Key Developments Call Us: +1-850-250-1698 8.4.1.1 Market Share By the end-user, the classification of the market has been done into men, women, and kids. 8.7.2.2 Historical Trend (2016-2020) Owing to such increased demand, bicycle companies in the market are launching innovative bicycles and accessories, which will lead to significant market growth during the forecast period.Competitive LandscapeCompanies are differentiating their products in terms of design, functioning, weight, and size, in order to gain competitive advantage. 8.2 Global Bicycle Historical Market (2016-2020) +1 (650) 761-6200 Furthermore, there has been an increasing adoption of bicycles in both developed and developing economies owing to the fact the majority of the people are opting for cycling as their daily routine activity and as a form of leisure. Key Topics Covered 1 INTRODUCTION1.1 Study Deliverables1.2 Study Assumptions1.3 Scope of the Study2 RESEARCH METHODOLOGY3 EXECUTIVE SUMMARY4 MARKET DYNAMICS4.1 Market Drivers4.2 Market Restraints4.3 Porter's Five Forces Analysis5 MARKET SEGMENTATION5.1 By Type5.1.1 Road Bicycles5.1.2 Hybrid Bicycles5.1.3 All Terrain Bicycles5.1.4 E-Bicycles5.1.5 Others5.2 By Distribution Channel5.2.1 Offline Retail Stores5.2.2 Online Retail Stores5.3 Geography5.3.1 North America5.3.2 Europe5.3.3 Asia-Pacific5.3.4 South America5.3.5 Middle East & Africa6 COMPETITIVE LANDSCAPE6.1 Most Active Companies6.2 Most Adopted Strategies6.3 Market Share Analysis6.4 Company Profiles6.4.1 Giant Manufacturing Co. Ltd.6.4.2 Pon Holdings (Derby Cycle AG)6.4.3 Trek Bicycle Corporation6.4.4 Accell Group N.V.6.4.5 Dorel Industries Inc.6.4.6 Merida Industry Co. Ltd.6.4.7 Tandem Group6.4.8 Atlas Cycle Industries Ltd.7 MARKET OPPORTUNITIES AND FUTURE TRENDS For more information about this report visit https://www.researchandmarkets.com/r/us8oah. 8.5.1.2 Historical Trend (2016-2020) 10. 11.3.5 Trek Bicycle Corporation In Bike Lanes Are White Lanes, scholar Melody L. Hoffmann argues that the bicycle has varied cultural meaning as a “rolling signifier.” That is, the bicycle’s meaning changes in different spaces, with different people, and in ... 11.3.2.4 Certifications It is expected that the global e-bicycle fleet is likely to witness an expansion by 130 million units between 2020 and 2023. 8.4.1.2 Historical Trend (2016-2020) Therefore, people are increasingly adopting bicycles to avoid traffic jams and get to their destination faster as compared to bigger vehicles. Found inside(2020). 48 Industry groups are building materials, consumer goods, consumer services, financial sector, ... 63 Fueled by fitness, environmental, and financial concerns, the global bicycle industry is poised for a strong showing over the ... 8.4.3.1 Market Share The bicycle market, along with the new sales of bicycle accessories and parts, is poised to be measurably impacted by the global pandemic. The major price segments of the product in the industry are premium, mid range, and low range. North America Bicycle Market Forecast: Breakup by Country (USD Billion), 2021-2026 Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027. The global bike-sharing service market is estimated to grow to over 13.7 billion U.S. dollars by 2026 from 3.3 billion U.S. dollars in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2021 to 2028. Found inside – Page 15In the more immediate future, the industry in China will be watching developments in the e-bike market very closely for ... this will be bad news, not only for battery recyclers in China, but also for the global market for refined lead. On the basis of price, the industry is segmented into premium, mid range, and low range. 10.2.5 Threat of Substitutes 9.2 Europe For instance, recently in August 2020, Fuji cycles a well-known brand of bicycles and equipment based out of the United States announced the launch of its latest BIG.TRAIL mountain bike with 140 mm fork travel, 29er tires of up to 2.5”, a long dropper post, and ample fixing points. The Asia Pacific region is actively supporting the growth of the global bicycle market as the regional market is growing at a robust pace. Furthermore, the presence of well-established domestic brands such as Atlas Cycles, Hero Cycles, and Giant Bicycles in the countries like India and China further bolsters the market growth in the APAC region during the next five years. 9.3.2 Forecast Trend (2021-2026) uk.sales@expertmarketresearch.com. 8.5.1.3 Forecast Trend (2021-2026) The global bicycle market to attain a value of USD 54 billion in 2020. The global bicycle market is also being driven by the fact that players in the market are actively taking part in the market in the form of product launches, partnerships, and campaigns to promote the use of bicycles. Global Bicycle Market Structure. By distribution channel, the market is segmented into online and offline. In Bike Boom, journalist Carlton Reid uses history to shine a spotlight on the present and demonstrates how bicycling has the potential to grow even further, if the right measures are put in place by the politicians and planners of today ... 8.5 Global Bicycle Market by Price 11.3.1.3 Demographic Reach and Achievements 3 Report Description What are the key industry trends of the global bicycle market? 11.3 Company Profiles 8.6.1.1 Market Share 8.5.2.2 Historical Trend (2016-2020) Importance of sports activities, foremost for health reasons, the increasing influence of celebrity endorsement, and international sports events are encouraging the involvement of consumers in various cycling activities.Additionally, an increase in government initiatives in various countries, meant to improve participation rate, is playing a key role in driving the market in the last few years. The global cylinder deactivation system market attained a value of USD 4.7 billion in 2020, driven by the increasing demand for fuel efficient vehicles. On the basis of product, the industry is divided into: Based on technology, the industry is bifurcated into electric and conventional. Additionally, according to the statistics provided by the American Diabetes Association, in 2018 34.2 million Americans suffered from diabetes out of which 26.8 million were diagnosed. 11.3.5.1 Company Overview One of the key factors supplementing the demand for bicycles is the globally growing prevalence of chronic diseases such as obesity, diabetes, and CVDs among others. By type, the market is segmented as the mountain, road, hybrid, and others. With this ultimate repair manual: * Build a dream bike workshop with complete plans and comprehensive tool lists * Wow ride partners with tricks for fixing breakdowns with a minimum of tools * Roll wheel hoops and save time and money * Dial ... In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the ... 10.2.4 Degree of Rivalry 9.2.2 Forecast Trend (2021-2026) 8.7.1.2 Historical Trend (2016-2020) Similarly, during the same month, the company launched a campaign, “Road Pe Dikhegi Tabhi To Chalegi” to urge the governments across the country to transform the infrastructure and promote cycling throughout the country as people are opting more for safe and reliable transport solutions after lockdown restrictions being lifted which further led to an upsurge in the demand for cycles throughout the country. One of 2021's Most Highly Anticipated New Books--Newsweek One of The 20 New Leadership Books--Adam Grant One The Best New Wellness Books Hitting Shelves In January--Shape.com A Next Big Idea Club Nominee Social Chemistry will utterly ... *We at Expert Market Research always thrive to give you the latest information. 8.7.2.3 Forecast Trend (2021-2026) Privacy Policy, 30 North Gould Street, Sheridan, WY 82801. 11.3.6.2 Product Portfolio 10.1.2 Weaknesses 9.3.3.5 Australia By technology, the conventional segment is projected to hold a considerable amount of market share throughout the course of the next five years. Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Price, Technology, End Use, Region, Mountain Bicycles, Hybrid Bicycles, Road Bicycles, Others, North America, Latin America, Europe, Middle East and Africa, Asia Pacific, SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand, Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications, Giant Group, Santa Cruz Bicycles, LLC, Specialized Bicycle Components, Inc, Accell Group, Trek Bicycle Corporation, Merida Industry Co., Ltd., Dorel Industries Inc., Others. 7. 5.4 Competitive Structure The Global Sports Bicycle Market size was estimated at USD 13.41 Billion in 2020 and expected to reach USD 14.47 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 8.20% to … As Evan Friss shows in his mordant history of urban bicycling in the late nineteenth century, the bicycle has long told us much about cities and their residents. Q1. The global bicycle market is estimated at $35 Billion in 2020, growing at 12% CAGR till from 2021 to 2026 In terms of bicycle market segments, hybrid bikes are projected to grow the fastest globally owing to their multifunction use deeming it as the most preferable option among customers. The global bicycle market size was valued at USD 54.44 billion in 2020. 9.1.3.2 Canada Also, the growing penetration of bicycle-sharing services and an increase in the number of online platforms in various countries that offer dockless bicycle-sharing systems is further fuelling the market growth throughout the forecast period. Blue tells the stories of people, businesses, organizations, and cities who are investing in two-wheeled transportation. Found inside – Page 620Most companies in the study (4 out of 5) have also considered context of the product and market in their decision, ... 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