Dublin, June 15, 2021 (GLOBE NEWSWIRE) — The “International Bicycle Market by Kind, Gross sales Channel and Finish Person: International Alternative Evaluation and Trade Forecast 2021-2027” report has been added to ResearchAndMarkets.com’s providing.
The worldwide bicycle market was valued at $20,280.zero million in 2019, and is projected to succeed in $28,667.Three million by 2027, registering a CAGR of 4.8% from 2019 to 2027.
Presently, people have gotten more and more involved about their health and the significance of main a heathy life. Nonetheless, because of the outbreak of COVID-19, people keep away from gathering in gyms. This, in flip, has promoted using bicycles as a software for exercising. Thus, enhance in reputation of sports activities and rise in health consciousness amongst customers are the most important driving forces of the worldwide bicycle market. In international locations equivalent to Japan, the Netherlands, and Denmark, customers favor electrical bicycles for normal actions equivalent to travelling inside a selected distance, purchasing, and for load carriage. Moreover, in metropolitan cities, enhance in visitors congestion and restricted parking areas promote the utilization of bicycles for commutation, which saves time. Nonetheless, biking in unfavorable climate situations is unsafe, which limits using bicycles. As well as, low sturdiness of batteries in electrical bikes limits the expansion of the market. Quite the opposite, technological developments in bicycles equivalent to anti-theft locks, health tracker, and aerodynamic physique to advertise quick driving are anticipated to supply remunerative alternatives for the enlargement of the worldwide market throughout the forecast interval.
In European international locations, the demand for dockless bicycle sharing system is rising step by step. Within the dockless bike sharing system, docking station should not required. Customers can retrieve and return bicycles anyplace across the metropolis. The dockless system is put in within the bikes itself that permits customers to trace bicycles close by and unlock them by app or software program. Moreover, this method is simple to entry, which makes it user-friendly.
The worldwide bicycle market is segmented into kind, gross sales channel, finish person, and area. Relying on kind, the market is categorized into cargo electrical bike, non-cargo electrical bike, cargo nonelectric bike, and non-cargo nonelectric bike. On the idea of gross sales channel, it’s bifurcated into on-line platforms and bodily shops. By finish person, it’s segregated into males, ladies, and children. Area sensible, it’s analyzed throughout North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Sweden, and remainder of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, Malaysia, Indonesia, and remainder of Asia-Pacific), and LAMEA (Latin America, the Center East, and Africa).
Key gamers within the bicycle market have relied on methods equivalent to product launch and enterprise enlargement to strengthen their foothold within the international market. The important thing gamers within the bicycle market profiled within the report are Accell Group, Cervelo, Dorel Industries Inc., Big Bicycles, Merida Industries Co., Ltd., Olympus Bikes, Scott Sports activities SA, Specialised Bicycle Parts, Inc., Trek Bicycle Company, and Kona Bicycle Firm.
- The report supplies a quantitative evaluation of the present market developments, estimations, and dynamics of the market measurement from 2019 to 2027.
- Porter’s 5 forces evaluation highlights the efficiency of patrons and provider’s tenable stakeholder’s make profit-oriented enterprise selections and strengthen their supplier-buyer community.
- In-depth evaluation of the scale and segmentation assists to find out the prevailing market alternatives.
- The most important international locations in every area are mapped in line with their income contribution the trade.
- The market participant positioning phase facilitates benchmarking and supplies a transparent understanding of the current place of the market gamers within the water tank trade.
Key Matters Coated:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the research
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Porter’s 5 forces evaluation
3.3. Market dynamics
18.104.22.168. Covid-19 and bicycle market progress
22.214.171.124. Low upkeep value of bicycles
126.96.36.199. Well being advantages related to bicycles
188.8.131.52. Low demand for electrical bikes in growing international locations
184.108.40.206. Restricted use of bicycle throughout unfavorable local weather
220.127.116.11. Enhance in adoption of outside sports activities
18.104.22.168. Technological developments and manufacturing designs
CHAPTER 4: BICYCLE MARKET, BY TYPE
4.2. Cargo electrical bike
4.2.1. Key market developments, progress components, and alternatives
4.2.2. Market measurement and forecast, by kind
4.2.3. Market evaluation, by nation
4.3. Non-cargo electrical bike
4.3.1. Key market developments, progress components, and alternatives
4.3.2. Market measurement and forecast, by kind
4.3.3. Market evaluation, by nation
4.4. Cargo nonelectric bike
4.4.1. Key market developments, progress components, and alternatives
4.4.2. Market measurement and forecast, by kind
4.4.3. Market evaluation, by nation
4.5. Non-cargo nonelectric bike
4.5.1. Key market developments, progress components, and alternatives
4.5.2. Market measurement and forecast, by kind
4.5.3. Market evaluation, by nation
CHAPTER 5: BICYCLE MARKET, BY SALES CHANNEL
5.2.1. Key market developments, progress components, and alternatives
5.2.2. Market measurement and forecast, by gross sales channel
5.2.3. Market evaluation, by nation
5.3. Bodily shops
5.3.1. Key market developments, progress components, and alternatives
5.3.2. Market measurement and forecast, by pricing
5.3.3. Market evaluation, by nation
CHAPTER 6: BICYCLE MARKET, BY END USER
6.2.1. Key market developments, progress components, and alternatives
6.2.2. Market measurement and forecast, by gross sales channel
6.2.3. Market evaluation, by nation
6.3.1. Key market developments, progress components, and alternatives
6.3.2. Market measurement and forecast, by gross sales channel
6.3.3. Market evaluation, by nation
6.4.1. Key market developments, progress components, and alternatives
6.4.2. Market measurement and forecast, by gross sales channel
6.4.3. Market evaluation, by nation
CHAPTER 7: BICYCLE MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Product mapping
8.2. Aggressive warmth map of High 10 Key Gamers
CHAPTER 9: COMPANY PROFILES
9.1. ACCELL GROUP
9.1.1. Firm overview
9.1.2. Key executives
9.1.3. Firm snapshot
9.1.4. Working enterprise segments
9.1.5. Product portfolio
9.1.6. Enterprise efficiency
9.1.7. Key strategic strikes and developments
9.2.1. Firm overview
9.2.2. Key govt
9.2.3. Firm snapshot
9.2.4. Product portfolio
9.3. DOREL INDUSTRIES INC.
9.3.1. Firm overview
9.3.2. Key executives
9.3.3. Firm snapshot
9.3.4. Working enterprise segments
9.3.5. Product portfolio
9.3.6. Enterprise efficiency
9.4. GIANT Bicycles
9.4.1. Firm overview
9.4.2. Key executives
9.4.3. Firm snapshot
9.4.4. Product portfolio
9.4.5. Enterprise efficiency
9.5. MERIDA INDUSTRY CO., LTD.
9.5.1. Firm overview
9.5.2. Key executives
9.5.3. Firm snapshot
9.5.4. Working enterprise segments
9.5.5. Product portfolio
9.5.6. Enterprise efficiency
9.5.7. Key strategic strikes and developments
9.6. OLYMPUS BIKES
9.6.1. Firm overview
9.6.2. Key executives
9.6.3. Firm snapshot
9.6.4. Product portfolio
9.6.5. Enterprise efficiency
9.7. SCOTT SPORTS SA
9.7.1. Firm overview
9.7.2. Key govt
9.7.3. Firm snapshot
9.7.4. Working enterprise segments
9.7.5. Product portfolio
9.7.6. Key strategic strikes and developments
9.8. SPECIALIZED BICYCLE COMPONENTS, INC.
9.8.1. Firm overview
9.8.2. Key govt
9.8.3. Firm snapshot
9.8.4. Working enterprise segments
9.8.5. Product portfolio
9.9. TREK BICYCLE CORPORATION
9.9.1. Firm overview
9.9.2. Key executives
9.9.3. Firm snapshot
9.9.4. Working enterprise segments
9.9.5. Product portfolio
9.9.6. Key strategic strikes and developments
9.10. KONA BICYCLE COMPANY
9.10.1. Firm overview
9.10.2. Key govt
9.10.3. Firm snapshot
9.10.4. Product portfolio
For extra details about this report go to https://www.researchandmarkets.com/r/bw6udb
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