Global Two-Rider Bicycle Market Report 2022: Bicycle Mobility Services and Technology Advancements Influencing Future Growth

DUBLIN, Nov. 3, 2022 /PRNewswire/ -- The "Global Two-Rider Bicycle Market By Propulsion, By Application, By Distribution Channel, By Region, Competion, Opportunity and Forecast, 2017-2027" report has been added to  ResearchAndMarkets.com's offering.

The global two-rider bicycle market is anticipated to grow at an impressive rate during the forecast period, 2023-2027

The surge in demand for cycling for recreational, leisure, and physical activities and the emergence of two-rider bicycle services are the primary factors driving the demand for the global two-rider bicycle market. Bicycles are preferred as a practical form of exercise to maintain a healthy life free from obesity and other diseases.

The demand for effective ways to rent or hail bicycles and the advancement of technology will both contribute to the growth of the global two-rider bicycle industry over the next five years. High-end investments by the market players in research and development activities and the shift of the market players to alternate bicycle selling platforms are expected to influence the market demand.

Dock less bicycle sharing programs have recently become more and more popular. Users can utilize the technology to find nearby bicycles and electronically unlock them. Dock less bicycle-sharing programs, which were first introduced in Europe, are extremely well-liked by young people looking for exciting ways to exercise, especially in Asian countries like India and China.

The global two-rider bicycle market is segmented into propulsion, application, distribution channel, regional distribution, and competitive landscape. Based on propulsion, the market is differentiated between conventional and electric. The conventional segment dominates the market and is expected to maintain its dominance in the next five years.

Low repair and maintenance costs of conventional bicycles are driving the segment demand compared to electric propulsion bicycles. Moreover, while the bicycle has been a convenient mode of transport, bicycling has emerged as a leading sporting and leisure activity, especially among women, in the past few decades.

Objective of the Study:

• To analyze the historical growth in the market size of the global two-rider bicycle market from 2017 to 2021.
• To estimate and forecast the market size of global two-rider bicycle market from 2022 to 2027 and growth rate until 2027.
• To classify and forecast the global two-rider bicycle market based on propulsion, application, distribution channel, region, and company.
• To identify the dominant region or segment in the global two-rider bicycle market.
• To identify drivers and challenges for the global two-rider bicycle market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global two-rider bicycle market.
• To identify and analyze the profiles of leading players operating in the global two-rider bicycle market.
• To identify key sustainable strategies adopted by market players in global two-rider bicycle market.

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global two-rider bicycle market.

• Cycling Sports Group, Inc.
• Co-Motion Cycles.
• da Vinci Tandem
• Kinethic Bikes
• Privacyverklaring Accell Nederland BV (KOGA)
• Santana Cycles
• Hase Spezialrader (Hase Bikes)
• Cannondale Bicycle Corporation
• Ritchey International SAGL
• Seven Cycles, Inc.

Report Scope:

Years considered for this report:

• Historical Years: 2017-2020
• Base Year: 2021
• Estimated Year: 2022
• Forecast Period: 2023-2027

Two-Rider Bicycle Market, By Propulsion:

• Conventional
• Electric

Two-Rider Bicycle Market, By Application:

• Mountaineering
• Recreational
• Conveyance

Two-Rider Bicycle Market, By Distribution Channel:

• Offline
• Online

Two-Rider Bicycle Market, By Region:

• North America
• United States
• Mexico
• Canada
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Vietnam
• Malaysia
• Thailand
• Indonesia
• Europe & CIS
• France
• Germany
• United Kingdom
• Italy
• Spain
• Belgium
• Russia
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Egypt

For more information about this report visit https://www.researchandmarkets.com/r/fgwpt0

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SOURCE Research and Markets