Le Lézard
Classified in: Tourism and vacations, Sports and recreation
Subject: MRR

Bicycle Market to grow by $ 20.7 Bn in Leisure Products Industry during 2021-2025 | Technavio


NEW YORK, July 27, 2021 /PRNewswire/ -- The bicycle market is set to grow by USD 20.70 billion, progressing at a CAGR of almost 7% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

This bicycle market report encapsulates not only the leisure products industry value chain analysis but also features overall validation techniques employed for deriving the most accurate data insights.

Download Free Sample Report Now to leverage the most relevant business insights!

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accell Group NV, Atlas Cycles (Haryana) Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, and Trek Bicycle Corp. are some of the major market participants. Although the health, environmental, and economic benefits of cycling will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Bicycle Market 2021-2025: Segmentation

Bicycle Market is segmented as below:

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40813

Bicycle Market 2021-2025: Vendor Analysis and Scope

Some of the major vendors of the bicycle market in the leisure products industry include Accell Group NV, Atlas Cycles (Haryana) Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, and Trek Bicycle Corp. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.

The report also covers the following areas:

The increasing number of bicycle sports events is likely to emerge as one of the primary drivers of the market. However, increase in the number of product recalls may threaten the growth of the market.

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Backed with competitive intelligence and benchmarking, our research report on the bicycle market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Related Reports on Consumer Discretionary Include:
Global Bicycle Tire Market - Global bicycle tire market is segmented by application (manual bicycles and e-bikes) and geography (APAC, Europe, North America, South America, and MEA).
Download Exclusive Free Sample Report

Global Bicycle Suspension System Market - Global bicycle suspension system market is segmented by type (hardtail suspension and full suspension) and geography (North America, Europe, APAC, South America, and MEA).
Download Exclusive Free Sample Report

Bicycle Market 2021-2025: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by End-user

Market Segmentation by Distribution channel

Market Segmentation by Propulsion

Customer landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: www.technavio.com/report/bicycle-market-industry-analysis
Newsroom: newsroom.technavio.com/news/bicycle-market

SOURCE Technavio


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