Bicycle Market Future Business Analysis, Competitive Landscape, Segments, Sales, Supply, Demand and Forecast to 2031

New York, 2022-Aug-05 — /EPR Network/ — According to a new market research report published by Global Insight Services Bicycle Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Bicycles have come a long way since their invention in the early 1800s. Today, there are many different types of bicycles available to suit the needs of different riders. Bicycles can be equipped with a variety of different technologies to make them more efficient, comfortable, and safe.

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Key Players

  • Trek
  • Specialized
  • Giant
  • Cannondale
  • Raleigh
  • Diamondback
  • Schwinn
  • Kona

Key Trends

  • Bicycles are becoming more and more lightweight. This is thanks to advances in materials and manufacturing methods.
  • Bicycles are becoming more and more aerodynamic. This is thanks to advances in design and engineering.
  • Increasing use of carbon fiber. Carbon fiber is an incredibly strong and lightweight material that is perfect for bicycles. Carbon fiber bicycles are often lighter and faster than their aluminum or steel counterparts.
  • Increasing use of disc brakes. Disc brakes provide better stopping power than traditional rim brakes, making them ideal for mountain biking and downhill racing.

Key Drivers

There are a few key drivers of the bicycle market:

Firstly, there is an increasing awareness of the health benefits of cycling. This has led to more people taking up cycling as a form of exercise, which in turn has increased the demand for bicycles.

Secondly, the price of gasoline has been on the rise in recent years, making cycling a more cost-effective form of transportation. This has made bicycles more attractive to commuters and leisure cyclists alike.

Thirdly, the development of new technologies has made bicycles more comfortable and efficient to ride. This has made them more appealing to a wider range of people, including those who may not have considered cycling in the past.

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By Product

  • Mountain Bikes
  • Hybrid Bike
  • Road Bike
  • Cargo Bike
  • Others

By Technology

  • Electric
  • Conventional

By End-User

  • Men
  • Women
  • Kids

By Distribution Channel

  • Online
  • Offline

Reasons to buy Bicycle Market Report:

  • Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
  • Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
  • Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
  • Develop business and M&A strategies through understanding of latest trends and emerging players in the market
  • Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market 

Buy your copy now:

With Global Insight Services, you receive:

  • 10-year forecast to help you make strategic decisions
  • In-depth segmentation which can be customized as per your requirements
  • Free consultation with lead analyst of the report
  • Excel data pack included with all report purchases
  • Robust and transparent research methodology

 About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:
Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
Phone: +1-833-761-1700

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