Global Bicycle Market 2021-2025

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	Market Research Report Global Bicycle Market 2021-2025
Published by	TechNavio (Infiniti Research Ltd.)			Product code	986233
Published	February 1, 2021	Content info	120 Pages Delivery time: 1-2 business days
Price	PDF (Single User License) USD 2500 PDF (5-user License) USD 3000 PDF (Enterprise License) USD 4000 PDF (Global License) USD 5000

Description

Technavio has been monitoring the bicycle market and it is poised to grow by $ 20.70 bn during 2021-2025 progressing at a CAGR of 7% during the forecast period. Our report on bicycle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing number of bicycle sports events and government initiatives to promote cycling. In addition, increasing number of bicycle sports events is anticipated to boost the growth of the market as well.

The bicycle market analysis includes product segment, end-user segment, distribution channel segment and geographical landscapes.

Technavio's 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 Geographic

APAC

Europe

North America

South America

MEA

This study identifies the health, environmental, and economic benefits of cycling as one of the prime reasons driving the bicycle market growth during the next few years.

"Technavio 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. Our report on bicycle market covers the following areas:

Bicycle market sizing

Bicycle market forecast

Bicycle market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bicycle market vendors that include Accell Group NV, Atlas Cycles (Haryana) Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, and Trek Bicycle Corp.. Also, the bicycle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.