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At 26.5 Bn, Bicycle Component Aftermarket To Clock Ahead At 7% CAGR Through 2031 Due To Dramatic Increase In Bicycle Ownership During Pandemic Times

The bicycle components aftermarket study by Future Market Insights (FMI) offers riveting insights into key segments including component and bicycle. It underscores product launches as key strategy ....

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Global Bicycle Market Report 2018-2028 - Market is Growing Significantly as Bike-Sharing Companies, Particularly in Europe and Asia are Investing Aggressively in Expanding their Operations

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ResearchAndMarkets.com s offering.
The global bicycle market size is anticipated to reach USD 92.49 billion by 2028, registering a CAGR of 7.0% over the forecast period
Increasing adoption of cycling as a form of leisure and awareness regarding the health benefits associated with cycling are the factors expected to bolster market growth. Bicycles are being preferred for short-distance commutes as they save considerable time as compared to other vehicles. Moreover, limited parking spaces and growing traffic congestions are prompting people to reconsider bicycles as a primary option for the commute.
Rising emphasis on the use of non-polluting vehicles for short-distance commutes by governments across the world is anticipated to positively influence market growth. The fact that bicycles do not emit any pollutants is projected to drive their demand in near future. ....

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Technavio Research: High-End Bicycle Market by Distribution Channel, Product, and Geography - Forecast and Analysis 2020-2024

Technavio Research: High-End Bicycle Market by Distribution Channel, Product, and Geography - Forecast and Analysis 2020-2024 | Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210204006068/en/
Technavio has announced its latest market research report titled Global High-End Bicycle Market 2020-2024 (Graphic: Business Wire).
Click Get Free Sample Report in Minutes
The growing disposable income is one of the major factors propelling market growth.
More details: https://www.technavio.com/report/high-end-bicycle-market-industry-analysis
High-End Bicycle Market: Product Landscape
Hybrid bicycles are ideal for riding over various types of terrain and can be used for commuting on a day-to-day basis. These bicycles have a flat handlebar and are equipped with brake and gear components similar to mountain bicycles. Moreover, these cycles are lightweight and have thinner wheels and smooth tires ....

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Global Luxury Bicycles Market Expected to Reach USD 21,603.0 Million by 2027

Global Luxury Bicycles Market Expected to Reach USD 21,603.0 Million by 2027
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Global e-Bike Market (2020 to 2027) - Trend Towards Connected e-Bikes Presents Opportunities

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The global e-bike market is projected to grow to USD 70 billion by 2027 from USD 41.1 billion in 2020, at a CAGR of 7.9%. Government support and initiatives to increase the sale of e-Bike would drive the global e-Bike market.
Class-III e-Bike is estimated to be the fastest-growing e-Bike market globally
Class-III e-bikes have a potential solution for car replacement to avoid traffic and reduce emissions. Therefore, the market for Class-III e-bikes is expected to grow during the forecast period. Class-III e-bikes currently don t have in the Asia Pacific region. Whereas, in Europe, Switzerland is the largest market for Class-III e-bikes, followed by Belgium and Italy. The North American region presently has a limited penetration of Class-III e-bikes, with only six states authorizing their operation. Also, Class-III e-bikes in both Europe and North America have a minimum age restriction of 16 ....

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