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Bicycle Market Showcase Approximately Thriving CAGR of Around 5.02% In Global Market Forecast Till 2023

Press release   •   Mar 18, 2019 04:08 EDT

Global Bicycle Market is expected to register a growth rate of 5.02% CAGR during the forecast period 2018 to 2023.

The new research from Ameco Research on Bicycle Market Report for 2023 intends to offer target audience with the fresh outlook on market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure of the quality of research.

The research is backed by extensive and in-depth secondary research which involves reference to various statistical databases, national government documents, relevant patent and regulatory databases, news articles, press releases, company annual reports, webcasts, financial reports, and a number of internal and external proprietary databases. This estimated data is cross-checked with industry experts from various leading companies in the market. After the entire authentication process, these reports are shared with subject matter experts (SMEs) for adding further value and to gain their insightful opinion on the research. With such robust process of data extraction, verification, and finalization, we firmly endorse the quality of our research. With such extensive and in-depth research and comprehensive coverage of information, it is always a possibility of clients finding their desired information in the report with enclosure of key components and valuable statistics in all regards.

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Bicycle Market By Type (e-bikes and conventional bikes), Application (racing, transportation tools and recreation) and Region (North America, Europe and Asia Pacific (APAC)) - Global Forecast 2023

Market analysis

While regular bikes stay across the board, E-bicycles are quickly picking up mileage in the more extensive schemes. In developed nations dedicated bike paths are being developed to improve riding knowledge and urge individuals to change to bikes for short-distance travelling. Factors, for example, rising prevalence of e-bicycles, expanded worries over CO2 outflow and solid government sponsorship will keep on supporting the development of the global bicycle market. In the interim, expanded focus on improving the execution of E-bicycles is provoking the commuters to utilize such rides for travelling longer distances. However, adoption of bikes in developing nations is slower because of absence of awareness and poor street foundation. There is a developing urgency of decreasing CO2 emanation and bikes are probably going to assume an essential job in viably handling the issue.

The global bicycle market is expected to register a growth rate of 5.02% CAGR during the forecast period 2018 to 2023. 

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Market segmentation

The global Bicycle Market is segmented on the basis of its type, application and regional demand. Based on its type, the market is classified into conventional bikes and e-bikes. On the basis of its application, the market is bifurcated into recreation, racing and transportation tools.

Regional analysis

Geographically, the global Bicycle Market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.

Major players

Tianjin Fuji-ta Group Co., Ltd,. Avon Cycles, Trek Bicycle Corporation, Derby Cycle, Cannondale, Giant Bicycles, Accell Group, Merida, Moustache Bikes, F.I.V.E. Bianchi SpA, Easy Motion USA, specialized Bicycle Components and NYCeWheels Inc, Hero Cycles Limited, Tube Investments of India Limited, among others are some of the major players in the global Bicycle Market.

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Bicycle Market, by end-use.
Detailed analysis and profiles of additional market players.

Table of Contents

Bicycle Market By Type, Application and Region - Global Forecast 2023

1 Executive Summary

2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
2.5 Macro Factor Indicators Analysis

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Government Initiatives and Stringent Emission Regulations
4.2.2 Increasing Crude Oil Prices
4.2.3 Increasing Popularity of E-Bikes Among Tourists
4.2.4 Drivers Impact Analysis
4.3 Restraints
4.3.1 High Prices of E-bikes and their Batteries
4.3.2 Underdeveloped Charging and Aftermarket Service Infrastructure
4.3.3 Restraints Impact Analysis
4.4 Opportunity
4.4.1 Government Initiatives for the Construction of Cycle Lanes
4.5 Challenge
4.5.1 Limited Battery Capacity and Longer Charging Duration

5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Design and Development
5.1.2 Raw Material Supply
5.1.3 Bicycle Manufacturing
5.1.4 Supply and Distribution
5.1.5 End Use
5.2 Porter’s Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Bargaining Power of Buyers
5.2.4 Threat of Substitutes
5.2.5 Intensity of Rivalry
5.3 Import Analysis of Bicycles (Bicycles and Other Cycles, Not Motorised)
5.4 Export Analysis of Bicycles (Bicycles and Other Cycles, Not Motorised)
5.5 Manufacturing & Labor Cost Structure Analysis of Bicycle
5.6 Upstream Raw Material Suppliers of Bicycle Analysis

6 Marketing Channel Analysis
6.1 Marketing Channel of Bicycle

7 Global Bicycle Market, By Type
7.1 Overview
7.1.1 E-Bikes
7.1.2 Conventional Bikes

8 Global Bicycle Market, By Application
8.1 Overview
8.1.1 Racing
8.1.2 Recreation
8.1.3 Transportation Tools

9 Global Bicycle Market, By Region
9.1 Overview
9.2 North America
9.2.1 US US by Type
9.2.2 Canada Canada by Type
9.3 Europe
9.3.1 Germany GERMANY by Type
9.3.2 UK UK: Bicycle Market, by Type, By volume, 2013-2017 (Million Units)
9.3.3 France France by Type
9.3.4 Italy Italy by Type
9.3.5 Rest of Europe Rest of Europe by Type
9.4 Asia-Pacific
9.4.1 China CHINA by Type
9.4.2 Japan Japan by Type
9.4.3 India India by Type
9.4.4 Rest of Asia-Pacific Rest of Asia-Pacific by Type
9.5 Rest of the World
9.5.1 Latin America Latin America by Type
9.5.2 Middle East & Africa Middle East & Africa by Type

10 Competitive landscape
10.1 Competitive Scenario
10.2 Market Share Analysis

11 Company Profile
11.1 Giant Bicycles
11.1.1 Products/Services Offered
11.1.2 Financial Overview
11.1.3 SWOT Analysis
11.1.4 Strategies
11.2 Cannondale
11.2.1 Products/Services Offered
11.2.2 Financial Overview
11.2.3 SWOT Analysis
11.2.4 Key Strategies
11.3 Derby Cycle
11.3.1 Products/Services Offered
11.3.2 Financial Overview
11.3.3 SWOT Analysis
11.3.4 Key Strategies
11.4 Accell Group
11.4.1 Products/Services Offered
11.4.2 Financial Overview
11.4.3 SWOT Analysis
11.4.4 Strategies
11.5 Tube Investments of India Limited
11.5.1 Products/Services Offered
11.5.2 Financial Overview
11.5.3 SWOT Analysis
11.5.4 Strategies
11.6 Merida
11.6.1 Products/Services Offered
11.6.2 Financial Overview
11.7 F.I.V. E. Bianchi SpA
11.7.1 Products/Services Offered
11.7.2 Financial Overview
11.8 Easy Motion USA
11.8.1 Products/Services Offered
11.8.2 Financial Overview
11.9 Moustache Bikes
11.9.1 Products/Services Offered
11.9.2 Financial Overview
11.1 Trek Bicycle Corporation
11.10.1 Products/Services Offered
11.10.2 Financial Overview
11.11 Specialized Bicycle Components
11.11.1 Products/Services Offered
11.11.2 Financial Overview
11.12 Avon Cycles
11.12.1 Products/Services Offered
11.12.2 Financial Overview
11.13 Hero Cycles Limited
11.13.1 Products/Services Offered
11.13.2 Financial Overview
11.14 Tianjin Fuji-ta Group Co., Ltd
11.14.1 Products/Services Offered
11.14.2 Financial Overview
11.15 NYCeWheels Inc.
11.15.1 Products/Services Offered
11.15.2 Financial Overview

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