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Global Bicycle Market By Product Type (Mountain bicycle, Cyclo cross bicycle, Track bicycle), By End Use (Adult, Kids) Business Overview, Analysis and Industry Forecast 2019-2025

  • Category:Automotive and Transportation
  • Published on:14 February, 2019
  • Pages:120
  • Formats:    
  • Report Code: HMI - 344051
  • Publisher:Genesis Market Insights

Overview

Global Bicycle Market Report was valued at USD xx Billion in the year 2018. Global Bicycle Market is further estimated to grow at a CAGR of xx from 2011 to reach USD xx Billion by the year 2025.

The bicycle market report is segmented into two parts By Product Type, End User and Distribution Channel. The Product Type segment is divided into mountain cycle, cyclo cross cycle, track bicycle and road racing bicycle. Mountain bicycles contribute to the highest market share. The end user, segment, is divided into adult and kids. Adult?s sports bicycle segment has the highest share in the market as a result of government initiatives to encourage cycling and rise in participation of products specifically for women.

The distribution channel is divided into three segments Retailers, Online and Departmental Stores. Departmental stores have the highest share in the market. Among all, it is expected that the adult?s sports bicycle segment will be growing at a moderate CAGR of xx% in the assessment period.

Drivers:

Collaboration with e commerce websites

Consumer shifting preference to cycling as a sport or leisure activity

Awareness towards personal health and environment

Restraints:

Increasing market of refurbished bicycles

High cost of products

Opportunities:

Technological advancements innovative bicycles and industries

Growing population of unisex bicycles

Introduction of ultra lightweight bicycles

Challenges:

Intense competition has developed among the producers.

By region, the global bicycle market is segmented as North America, Europe, Asia Pacific and Rest of the world. North America region holds the highest market share in 2018 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At a country level, China is projected to grow strongly in the coming years.

Accell Group (Netherlands), Dorel Industries Inc. (Canada), Giant Manufacturing Company Limited (Japan), Guangdong Tandem Industries (China) are some of the key players in the Bicycle Market Report.

Key Benefits for Stakeholders

Bicycle and components manufacturers

Raw material suppliers

E commerce companies

Traders, importers, and exporters

By Product Type

Mountain bicycle

Cyclo cross bicycle

Track bicycle

Road racing bicycle

By End Use

Adult

Kids

By Distribution Channel

Retailers

Online

Departmental Stores

By Region

North America

Europe

Asia Pacific

RoW

Key Market Players

Accell Group

Dorel Industries Inc.

Giant Manufacturing Company Limited

GUANGDONG TANDEM INDUSTRIES

Insera Sera

MERIDA

Yeti Cycles

Marin Cycles

cannondale

Trek Bicycle Corporation

(A brief overview of 10 companies is also provided)

Research Methodology:

Genesis Market Insights follows in depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques ?

Raw Market Data is collected and compared with the Existing in house Data on a broad front.
Both Bottom Up and Top Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
GMI has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.


  • Analysis and forecasts at the global, regional and national levels of the research market; Provide insight into the major countries / regions this industry is blooming and identify regions that have not yet been developed

  • Segment-level analysis by shielding type, thermal application, and application, along with market size predictions and estimates, detail key areas of industrial growth.

  • Identify key market drivers, constraints, opportunities and challenges (DROCs) and their impact on changing market dynamics

  • Study of the effects of exogenous and endogenous factors affecting the global market; Among the macro-environmental factors shown in the extensive PESTLE analysis include demographics, economics and politics.

  • We use Porter's five force analysis to analyze competitive levels and business strategy development to study microenvironmental factors that determine the overall profitability of an industry.

  • A list of key market participants with a portfolio of products to study and maintain the market environment, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview

  • Competitive topographic analysis listing mergers, acquisitions, and collaborations in the field, along with major company new product launches, comparative financial research, and recent developments in the market

  • Summary omitting entire reports to help decision makers quickly become familiar with background information, concise analysis, and key conclusions

  • Professionally devise analyst overviews with investment opportunities to provide a strong financial foundation in the market for both individuals and organizations

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