Global Bicycle Market 2018-2022 - Market to Grow to USD 44.40 Billion

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Mar 14, 2018, 12:00 ET

DUBLIN, March 14, 2018 /PRNewswire/ --

The "Global Bicycle Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global bicycle market to grow to USD 44.40 billion during the period 2018-2022.

Global Bicycle Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the scope includes the retail sales of manual, human-powered two wheeled pedal, bicycles and motor-assisted bicycles, with only electric bikes (e-bikes) that have maximum of 250W motors fitted-in it to exceed not more than 25 km per hour.

The latest trend gaining momentum in the market is technological advances in bicycles industry. There has been an immense evolution in the bicycle industry. The key competitors are launching innovative bicycles and accessories, which will lead to significant market growth. Technological developments have been witnessed in bicycle lights because these lights increase visibility range of the riders, enhancing safety.

According to the report, one of the major drivers for this market is Consumer's shifting preference toward cycling as a sport, leisure, and cardio activity. The major factors increasing the popularity of cycling are increased awareness about the personal health and environmental benefits it provides. Cycling has increasingly been gaining the urban populace's interest. Urbanization is also playing an important role because cities are getting more crowded; therefore, increase in traffic jams is another factor resulting in the growth of cycling. High-end bicycles are also gaining increasing popularity among sports enthusiasts because of the quality of the material used as well as the components that are of superior quality compared to mass bicycles.

Further, the report states that one of the major factors hindering the growth of this market is Greater availability and increasing market of refurbished bicycles. Refurbished and used bicycles are increasingly sold through online and offline stores. The high cost associated with innovative featured bikes might drive the mass customers toward a refurbished bike.

Multiple second-hand bike competitors provide a warranty to their customers. This adds to the demand of such bikes from customers, resulting in minimum profit margin for key competitors. eBay, craigslist, SecondhandBikes.com, OLX India, Quikr India are the major players who cater to the marketing and sales of used and refurbished bikes.

Key vendors

Accell Group
Dorel Industries
Giant Bicycle
GUANGDONG TANDEM INDUSTRIES
Insera Sena
MERIDA

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Global bicycle market - Market in focus
Global hard adventure sports equipment market - Related market
Market characteristics
Market segmentation analysis

PART 05: MARKET SIZING

Market definition
Global bicycle market - Market sizing 2017
Global bicycle market - Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 07: PESTLE ANALYSIS

PART 08: MARKET SEGMENTATION BY PRODUCT

Global bicycle market - Segmentation by product
Comparison by product
Global on-road and track bikes market - Market size and forecast 2017-2022
Global off-road bikes market - Market size and forecast 2017-2022
Global x-road and hybrid bikes market - Market size and forecast 2017-2022
Market opportunity by product

PART 09: MARKET SEGMENTATION BY PROPULSION

Global bicycle market: Segmentation by propulsion
Comparison by propulsion
Global manual bicycle market - Market size and forecast 2017-2022
Global motor-assisted bicycle market - Market size and forecast 2017-2022
Market opportunity by propulsion

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

Global bicycle market - End-user segmentation
Comparison by end-user
Global bicycle market by adults - Market size and forecast 2017-2022
Global bicycle market by children - Market size and forecast 2017-2022
Market opportunity by end-user

PART 12: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

Global bicycle market: Segmentation by distribution channel
Market opportunity by distribution channel

PART 13: REGIONAL LANDSCAPE

Global bicycle market - Geographical segmentation
Regional comparison
Bicycle market in APAC - Market size and forecast 2017-2022
Bicycle market in EMEA - Market size and forecast 2017-2022
Bicycle market in Americas - Market size and forecast 2017-2022
Key leading countries
Market opportunity by region

PART 14: DECISION FRAMEWORK

PART 15: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 16: MARKET TRENDS

Technological advances in bicycles industry
Increase in market competitors led cycling events to boost end-user awareness
Advent of recyclable and reusable bicycle frames
New children's bicycles launch with added features

PART 17: COMPETITOR LANDSCAPE

Competitive overview
Landscape disruption
Competitive landscape

PART 18: COMPETITOR ANALYSIS

Competitors covered
Competitor classification
Market positioning of competitors
Accell Group
Dorel Industries
Giant Bicycle
GUANGDONG TANDEM INDUSTRIES
Insera Sena
MERIDA

PART 19: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/3j6mmg/global_bicycle?w=5

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