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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 ....
Share this article Share this article 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. ....
The global bicycle market size was valued at USD 20,280.0 Million in 2019. According to the bicycle market analysis the market is estimated to reach USD 28,667.3 Million by 2027. The bicycle market forecasted a growing CAGR of 4.8% from 2021 to 2027. Major factors driving the growth of bicycle market are: The rise in disposable income and surge in consumer spending on the bicycle industry. Rise in health consciousness among consumers and preference for bicycles as economical means of exercising and travelling short distances. Increase in demand for electric bikes and cargo bikes as electric bikes are safe, easy to operate, are low in maintenance and no license required. ....
Global E-bikes Market Scenario 2021 with Industry Growth Analysis, Consumer and Industry Trends by Forecast 2028 sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.
Global E-bikes Market Scenario 2021 with Industry Growth Analysis, Consumer and Industry Trends by Forecast 2028 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.