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Outlook on the Bicycle Global Market to 2027

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Outlook on the Bicycle World Market to 2027

Dublin, June 15, 2021 (GLOBE NEWSWIRE) — The “Global Bicycle Market by Type, Sales Channel and End User: Global Opportunity Analysis and Industry Forecast 2021-2027” report has been added to ResearchAndMarkets.com’s providing.

The worldwide bicycle market was valued at $20,280.0 million in 2019, and is projected to succeed in $28,667.3 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 instrument for exercising. Thus, enhance in recognition of sports activities and rise in health consciousness amongst customers are the key driving forces of the worldwide bicycle market. In international locations akin to Japan, the Netherlands, and Denmark, customers favor electrical bicycles for normal actions akin to travelling inside a selected distance, procuring, and for load carriage. Moreover, in metropolitan cities, enhance in site 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 akin 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 in the course of the forecast interval.

In European international locations, the demand for dockless bicycle sharing system is rising regularly. Within the dockless bike sharing system, docking station will not be required. Customers can retrieve and return bicycles wherever across the metropolis. The dockless system is put in within the bikes itself that enables customers to trace bicycles close by and unlock them by way of app or software program. Moreover, this method is straightforward 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 premise of gross sales channel, it’s bifurcated into on-line platforms and bodily shops. By finish consumer, it’s segregated into males, ladies, and children. Area clever, 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 akin to product launch and enterprise enlargement 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 Parts, Inc., Trek Bicycle Company, and Kona Bicycle Firm.

Key Advantages

  • The report gives 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 choices 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 phase facilitates benchmarking and gives 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 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
3.3.1. Drivers
3.3.1.1. Covid-19 and bicycle market progress
3.3.1.2. Low upkeep value of bicycles
3.3.1.3. Well being advantages related to bicycles
3.3.2. Restraints
3.3.2.1. Low demand for electrical bikes in growing international locations
3.3.2.2. Restricted use of bicycle throughout unfavorable local weather
3.3.3. Alternatives
3.3.3.1. Enhance in adoption of outside sports activities
3.3.3.2. Technological developments and manufacturing designs

CHAPTER 4: BICYCLE MARKET, BY TYPE
4.1. Overview
4.2. Cargo electrical bike
4.2.1. Key market tendencies, progress 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, progress 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, progress 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, progress 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
5.1. Overview
5.2. On-line
5.2.1. Key market tendencies, 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 tendencies, 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
6.1. Overview
6.2. Males
6.2.1. Key market tendencies, progress components, and alternatives
6.2.2. Market measurement and forecast, by gross sales channel
6.2.3. Market evaluation, by nation
6.3. Ladies
6.3.1. Key market tendencies, progress components, and alternatives
6.3.2. Market measurement and forecast, by gross sales channel
6.3.3. Market evaluation, by nation
6.4. Youngsters
6.4.1. Key market tendencies, 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 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. CERVELO
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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