Global Bicycle Market: Size, Trends, Share, Value, Demand, Growth, Industry Segments and Forecast, 2015 – 2021
A bicycle is a pedal-driven and single-track vehicle. It is an imperishable type of transport. Bicycles are environment-friendly.
A bicycle is a pedal-driven and single-track vehicle. It is an imperishable type of transport. Bicycles are environment-friendly.
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Published By:Zion <strong>Market</strong> Research<br />
<strong>Bicycle</strong> <strong>Market</strong>: <strong>Industry</strong> Perspective, Comprehensive Analysis <strong>and</strong><br />
<strong>Forecast</strong>, <strong>2015</strong> <strong>–</strong> <strong>2021</strong><br />
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<strong>Bicycle</strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research, the market research group announced the analysis report titled “<strong>Bicycle</strong><br />
<strong>Market</strong>: <strong>Industry</strong> Perspective, Comprehensive Analysis, <strong>and</strong> <strong>Forecast</strong>, <strong>2015</strong> <strong>–</strong> <strong>2021</strong>”<br />
A bicycle is a pedal-driven <strong>and</strong> single-track vehicle. It is an imperishable type of transport.<br />
<strong>Bicycle</strong>s are environment-friendly. They are available at affordable prices <strong>and</strong> are healthy as<br />
well. It is a convenient mode of transport as compared to the petrol <strong>and</strong> diesel engines, which<br />
are the leading cause of environmental pollution. In certain regions, the bicycle is a primary<br />
means of transportation.<br />
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On the basis of design, the global bicycle market is segmented as racing bicycles, fixed gear<br />
bicycles, touring cycles, <strong>and</strong> cruisers. Fundamental changes have been implemented<br />
respectively to the design <strong>and</strong> application of the bicycle in order to meet the need of rising<br />
dem<strong>and</strong>. They offer a well-liked form of leisure <strong>and</strong> have been modified for the use as children’s<br />
toys, military <strong>and</strong> police applications, courier services, <strong>and</strong> bicycle racing. The mountain bikes<br />
<strong>and</strong> hybrid bikes are dominating the market by serving the consumers who love to ride in<br />
terrain areas <strong>and</strong> also the working professionals who prefer taking a ride to a workplace for<br />
short distance. On the basis of various types, the bicycle market is further segmented as the<br />
adult bicycle, kids bicycle, <strong>and</strong> sports type. Based on the technology used, the global market is<br />
segmented as human pedaled bicycle <strong>and</strong> electric bicycle.
<strong>Bicycle</strong> <strong>Market</strong><br />
Owing to the consumer’s health consciousness <strong>and</strong> fit lifestyle, the global bicycle market is<br />
anticipated to witness high growth in the near future. The increasing craze of adventurous biking<br />
has boosted the dem<strong>and</strong> for the mountain bikes. Due to population awareness globally, people<br />
are taking initiatives for using bicycles for their day-to-day routine. The key factors driving the<br />
growth of global bicycle market are its environment-friendly utilization, availability at affordable<br />
prices, congested roads, <strong>and</strong> less parking space. Conversely, rising requirement of vehicles that<br />
are driven by fuel has negatively impacted the growth of the bicycle market.<br />
North America <strong>and</strong> Europe are expected to witness high growth owing to the setup of public<br />
bicycle rental programs <strong>and</strong> high dem<strong>and</strong> in these countries. Asia Pacific is anticipated to be the<br />
largest market for bicycle North America <strong>and</strong> Europe. Germany is the largest market of bicycles<br />
in Europe, whereas, in Asia Pacific, China has the largest market. India <strong>and</strong> Japan are also<br />
making their effective growth in the market.<br />
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Some of the leading companies dominating the global bicycle market include Atlas Cycles Ltd.,<br />
Accell Group N.V., Bell Sports Corporation, Caloi Inc., Avon Cycles Ltd., Cannondale <strong>Bicycle</strong><br />
Corporation, Campagnolo S.r.l, Currie Technologies Inc., Cycleurope AB, Hamilton Industries<br />
Ltd., Giant <strong>Bicycle</strong> Inc., <strong>and</strong> Derby Cycle Corporation. Other major players influencing the global<br />
market are Shimano Giant Manufacturing Co. Ltd., BSA, Fuji, La Sovereign, Hercules, Hero<br />
Cycles, Bianchi, Dorel Industries, <strong>and</strong> Merida <strong>Industry</strong> Co. Ltd.
<strong>Bicycle</strong> <strong>Market</strong><br />
<strong>Global</strong> <strong>Bicycle</strong> <strong>Market</strong> by Geographical Analysis: North America( U.S.), Europe(<br />
UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East <strong>and</strong><br />
Africa<br />
Browse detail report @ https://www.zionmarketresearch.com/report/bicycle-market<br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
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+49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
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