Global Men’s Bicycle Market Report 2017 to 2022: Analysis, Size, Share, Growth, Demand, Trends and Forecast 2017 – 2022

Rockville, US, 2018-Apr-10 — /EPR Network/ — Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Men’s Bicycle Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the global men’s bicycle market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2026.

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Bicycles have played an important role in the recent history of man. They have also managed to accede with the relentless evolution of the transportation system. As concerns over global warming continue to grow, more number of consumers are expected to opt for bicycles. Moreover, the new hybrid models and electric powered bicycles are gaining healthy popularity among consumers as well. Factors as such are expected to influence the global sales of men’s bicycle in the forthcoming years. Men’s bicycle offer a sustainable mode of transportation with health, environmental and price benefits. However, bicycle is not the most suitable option for long distance travelling as it mainly runs on force that is manually generated by the rider. In terms of performance, gasoline powered vehicles have a significant advantage over bicycles, which continues to restrict any value growth in adoption of bicycles. Today, bicycles are rather used as an exercise tool than as a means of transportation. Rapid expansion of metro cities coupled with longer travelling distances from home to work place or home to marts is making the uses of bicycle impractical for covering such distances. These factors will be instrumental in defining the future prospects of the global men’s bicycle market. Fact.MR’s recently published report projects that the global men’s bicycle market will surpass a valuation of US$ 24,900 Mn by the end of 2022.

Men’s bicycle is a pedal-driven, single-track vehicle with two wheels attached to a frame. Common among professional bicyclists who compete in cycling events, these bicycles can also be used for exercise, recreation, transport and competing in sporting events.

Global Men’s Bicycle Market: Key Projections

Based on products, the hybrid bicycles segment is projected to remain highly attractive during the assessment period. In terms of revenue, the segment currently commands for more than 37% share of the global market. In addition, the hybrid bicycles segment is anticipated to cross a market valuation of US$ 9,600 Mn by the end of 2022, reflecting a steady CAGR.

Between 2017 and 2022, the market for men’s bicycle in Asia-Pacific excluding Japan (APEJ) is expected to exhibit an impressive growth rate. This is primarily due to the increasing urgency to check air pollution levels in various APEJ countries, which is resulting in higher adoption of bicycles in the region. Meanwhile, demand for men’s bicycle in North America is also expected to surge over the next couple of years as consumers shift towards more eco-friendly modes of transportation.

Based on technology, the conventional men’s bicycle segment will continue to outperform the electric men’s bicycle segment during the forecast period. The former currently represents more than two-third revenue share of the global market. By 2022-end, the conventional men’s bicycle segment is estimated to surpass a valuation of US$ 20,400 Mn.

Based on price range, the mid-range segment is expected retain its dominant position over the assessment period. Demand for mid-range priced men’s bicycle is significantly high. The mid-range segment currently commands for close to 60% revenue share of the market.

On the basis of distribution channel, the independent outlet segment is expected account for a considerable contribution to the global men’s bicycle market revenues in 2017 and beyond. The independent outlet segment is projected to reflect a CAGR of 3.1% from 2017 to 2022.

Competition Tracking

Some of the leading companies operating in the global market for men’s bicycle includeTrek Bicycle Corporation, Youngone Corporation, Accell Group N.V., Merida Industry Co. Ltd., Samchuly Bicycle Co., Ltd., Giant Manufacturing Co., Ltd., Atlas Cycles (Haryana) Limited, Tube Investments of India Limited, Dorel Industries Inc., and Tandem Group plc.

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Table of Content

  1. Global Mens Bicycle Market – Executive Summary
  2. Global Mens Bicycle Market Overview
    2.1. Introduction
    2.1.1. Global Mens Bicycle Market Taxonomy
    2.1.2. Global Mens Bicycle Market Definition
    2.2. Global Mens Bicycle Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Mens Bicycle Market Y-o-Y Growth
    2.3. Global Mens Bicycle Market Dynamics
    2.3.1. Drivers
    2.3.2. Restraints
    2.3.3. Trends
    2.4. Supply Chain
    2.5. Cost Structure
    2.6. Pricing Analysis
    2.7. Raw Material Sourcing Strategy and Analysis
    2.8. List of Distributors
    2.9. Key Participants Market Presence (Intensity Map) By Region
  3. Global Mens Bicycle Market Analysis and Forecast By Product Type 
    3.1. Global Mens Bicycle Market Size and Forecast By Product Type, 2012-2022
    3.1.1. Road Bicycle Mens Bicycle Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Sports Bicycle Mens Bicycle Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region

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