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The bicycle market is forecasted to grow by USD 25.53 billion during 2023-2028, accelerating at a CAGR of 6.69% during the forecast period. The report on the bicycle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of bicycle sports events, health, environmental, and economic benefits of cycling, and government policies and initiatives promoting bicycles.
The bicycle market is segmented as below:
By Product
- On-road and track bicycles
- Off-road bicycles
- X-road and hybrid bicycles
By End-user
- Adults
- Children
By Distribution Channel
- Offline
- Online
By Propulsion
- Manual bicycles
- Motor-assisted bicycles
By Geography
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the bicycle market covers the following areas:
- Bicycle market sizing
- Bicycle market forecast
- Bicycle market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Market Segmentation by Distribution Channel
9 Market Segmentation by Propulsion
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global bicycle market: Accell Group NV, BH BIKES Europe SL, Brompton Bicycle Ltd., Cicli Pinarello Srl, DAHON North America Inc., Fiido, Giant Manufacturing Co. Ltd., Greenwit Technologies Ltd., Hero Cycles Ltd., Kalkhoff Werke GmbH, Klever Mobility Europe GmbH, Kona Bicycle Co., LOOK Cycle International, Marin Mountain Bikes Inc., Merida Industry Co. Ltd., Samchully Co.Ltd, Santa Cruz Bicycles LLC, SB Bike, SCOTT Sports SA, Specialized Bicycle Components Inc., Storck Bicycle GmbH, Trek Bicycle Corp., Tube Investments of India Ltd., VAAN, Vassla AB, and Yamaha Motor Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing popularity of bicycle rental services."
According to the report, one of the major drivers for this market is the increasing number of bicycle sports events.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accell Group NV
- BH BIKES EUROPE SL
- Brompton Bicycle Ltd.
- Cicli Pinarello Srl
- DAHON North America Inc.
- Fiido
- Giant Manufacturing Co. Ltd.
- Greenwit Technologies Ltd.
- Hero Cycles Ltd.
- Kalkhoff Werke GmbH
- Klever Mobility Europe GmbH
- Kona Bicycle Co.
- LOOK Cycle International
- Marin Mountain Bikes Inc.
- Merida Industry Co. Ltd.
- Samchully Co.Ltd
- Santa Cruz Bicycles LLC
- SB Bike
- SCOTT Sports SA
- Specialized Bicycle Components Inc.
- Storck Bicycle GmbH
- Trek Bicycle Corp.
- Tube Investments of India Ltd.
- VAAN
- Vassla AB
- Yamaha Motor Co. Ltd.
