Dublin, June 15, 2021 (GLOBE NEWSWIRE) — The “World Bicycle Market by Kind, Gross sales Channel and Finish Consumer: World Alternative Evaluation and Business 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. Nevertheless, because of the outbreak of COVID-19, people keep away from gathering in gyms. This, in flip, has promoted the usage of bicycles as a instrument for exercising. Thus, improve in recognition of sports activities and rise in health consciousness amongst shoppers are the most important driving forces of the worldwide bicycle market. In international locations reminiscent of Japan, the Netherlands, and Denmark, shoppers want electrical bicycles for normal actions reminiscent of travelling inside a specific distance, purchasing, and for load carriage. Moreover, in metropolitan cities, improve in site visitors congestion and restricted parking areas promote the utilization of bicycles for commutation, which saves time. Nevertheless, biking in unfavorable climate situations is unsafe, which limits the usage of bicycles. As well as, low sturdiness of batteries in electrical bikes limits the expansion of the market. Quite the opposite, technological developments in bicycles reminiscent of anti-theft locks, health tracker, and aerodynamic physique to advertise quick using are anticipated to supply remunerative alternatives for the growth 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 will not be required. Customers can retrieve and return bicycles anyplace across the metropolis. The dockless system is put in within the bikes itself that enables customers to trace bicycles close by and unlock them via app or software program. Moreover, this method is simple to entry, which makes it user-friendly.
The worldwide bicycle market is segmented into sort, gross sales channel, finish consumer, and area. Relying on sort, 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 consumer, it’s segregated into males, girls, and youngsters. Area smart, 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 reminiscent of product launch and enterprise growth to strengthen their foothold within the world 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 Elements, Inc., Trek Bicycle Company, and Kona Bicycle Firm.
- The report offers a quantitative evaluation of the present market tendencies, 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 foremost international locations in every area are mapped in response to their income contribution the trade.
- The market participant positioning section facilitates benchmarking and offers a transparent understanding of the current place of the market gamers within the water tank trade.
Key Subjects Lined:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the examine
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
126.96.36.199. Covid-19 and bicycle market development
188.8.131.52. Low upkeep value of bicycles
184.108.40.206. Well being advantages related to bicycles
220.127.116.11. Low demand for electrical bikes in creating international locations
18.104.22.168. Restricted use of bicycle throughout unfavorable local weather
22.214.171.124. Enhance in adoption of outside sports activities
126.96.36.199. Technological developments and manufacturing designs
CHAPTER 4: BICYCLE MARKET, BY TYPE
4.2. Cargo electrical bike
4.2.1. Key market tendencies, development components, and alternatives
4.2.2. Market measurement and forecast, by sort
4.2.3. Market evaluation, by nation
4.3. Non-cargo electrical bike
4.3.1. Key market tendencies, development components, and alternatives
4.3.2. Market measurement and forecast, by sort
4.3.3. Market evaluation, by nation
4.4. Cargo nonelectric bike
4.4.1. Key market tendencies, development components, and alternatives
4.4.2. Market measurement and forecast, by sort
4.4.3. Market evaluation, by nation
4.5. Non-cargo nonelectric bike
4.5.1. Key market tendencies, development components, and alternatives
4.5.2. Market measurement and forecast, by sort
4.5.3. Market evaluation, by nation
CHAPTER 5: BICYCLE MARKET, BY SALES CHANNEL
5.2.1. Key market tendencies, development 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 tendencies, development 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 tendencies, development 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 tendencies, development 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 tendencies, development 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 Prime 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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