Le Lézard
Classified in: Sports and recreation
Subject: MRR

High-End Bicycle Market to Record 5% CAGR due to Growing Disposable Income | Technavio


NEW YORK, June 27, 2022 /PRNewswire/ -- Technavio has been monitoring the High-End Bicycle Market size and it is expected to grow by USD 3.88 billion at a CAGR of 5.00% during the forecast period. The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Buy the sample report now!

The growing popularity of e-commerce, the surging adoption of e-bikes, and rising disposable income are some of the prominent factors offering immense growth opportunities. However, high maintenance of e-bikes, strong dominance of vehicles, and increasing preference for bicycle rentals will challenge the growth of the market participants.

High-End Bicycle Market Segmentation

The segment of hybrid bikes will significantly increase its market share in high-end bicycles. Due to their stability, comfort, and ease of use, hybrid bikes have become incredibly popular with commuters, cyclists, casual riders, and kids. Additionally, hybrid bicycles feature a more upright riding position that increases comfort and safety when riding through traffic. It is also anticipated that the growing interest in hybrid bicycles among sports fans would support the segment's expansion.

To learn more about the global trends impacting the future of market research, Download
a Sample Report

Related Reports:

In-The-Water Sports Equipment Market by Product, Distribution Channel, Type, and
Geography - Forecast and Analysis 2022-2026

Paragliding Equipment Market by Product, End-user, Distribution Channel, and
Geography - Forecast and Analysis 2022-2026

High-End Bicycle Market Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The high-end bicycle market report covers the following areas:

High-End Bicycle Market Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., Grimaldi Industri AB, Klever Mobility Europe GmbH, Merida Industry Co. Ltd., Specialized Bicycle Components Inc., and Trek Bicycle Corp. are some of the major market participants.

Backed with competitive intelligence and benchmarking, our research reports on the high-end bicycle market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Find additional highlights on the growth strategies adopted by vendors and their product
offerings, 
Read Latest Sample Report. 

High-End Bicycle Market Key Highlights

High-End Bicycle Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.00%

Market growth 2021-2025

$ 3.88 billion

Market structure

Fragmented

YoY growth (%)

4.92

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 33%

Key consumer countries

US, China, Germany, UK, France, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., Grimaldi Industri AB, Klever Mobility Europe GmbH, Merida Industry Co. Ltd., Specialized Bicycle Components Inc., and Trek Bicycle Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by Distribution channel

7 Customer landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 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/

SOURCE Technavio


These press releases may also interest you

at 11:08
XP League, an emerging youth esports franchise brand, has signed an owner with connection to the professional esports community as one of its first franchisees since joining Unleashed Brands, a fast-growing parent company of youth enrichment...

at 11:05
Hibbett, Inc. , an athletic-inspired fashion retailer, today announced details for the release of its results for the second quarter ended July 30, 2022. Hibbett plans to issue its second quarter fiscal 2023 earnings release before the market opens...

at 11:00
Following a massively successful UK run, Warner Bros. Themed Entertainment in partnership with Thinkwell, Unify and Fever, have announced that Harry Potter: A Forbidden Forest Experience will illuminate New York this fall. The breathtaking light...

at 11:00
Today, NBA Hall of Famer and entrepreneur Chris Webber announced the worldwide formal launch of his luxury cannabis brand Players Only ("PO") with his business partner Lavetta Willis. The upstart brand will have new offerings available for purchase...

at 11:00
Explore Fairbanks' original, brand-new Aurora Viewing Map & Guide demystifies...

at 10:45
Breezes Bahamas opens new Pickleball courts, the first and only all-inclusive resort in The Bahamas to offer the activity. Guests of the charming, seaside all-inclusive resort can enjoy Pickleball for free as part of the resort's new oceanfront...



News published on 27 june 2022 at 11:30 and distributed by: