Bicycle Components Market Poised to Expand at 4.3% CAGR During 2017-2026
Increasing adoption of bicycles to maintain fitness and health has led to surge in demand for bicycle components significantly. In addition, government in various countries are increasingly encouraging adoption as a public transport in the metro stations. These factors are projected to impact the global market growth of bicycle components positively. Future Market Insights states that the global market of bicycle components is projected to reflect a CAGR of 4.3% over the forecast period, 2017-2026.
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