Bicycle Market Is Predicted to Grow at a CAGR of 3.8% from 2018 - QYResearch

The Bicycle Industry report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency.

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Los Angeles, CA -- (SBWire) -- 10/05/2018 --This study researches the market size of Bicycle, presents the global Bicycle sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Bicycle in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Bicycle for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. Bicycle, often called a bike or cycle, is a non-automatic vehicle with two wheels in tandem, usually propelled by pedals connected to the rear wheel by a chain, and having handlebars for steering and a saddle like seat. Bicycle is principal means of transportation, it also provide a popular form of recreation, and have been adapted for use as children's toys, general fitness, courier services, and bicycle racing. Due to the straightforward production technology as well as low cost and price, bicycle industry gets a fast development in recent years.

The production of bicycles is concentrated in the China, USA, Europe and India. Giant Bicycles, Hero Cycles, TI Cycles, Trek, Shanghai Phonex, Atlas, Flying Pigeon famed for their bicycle production, are among the major bicycle producers in the world. Global sales of bicycles will increase to 132214 K Units in 2016 from 118969 K Units in 2012. It is predicted that the global bicycle demand will develop with an average growth rate of 1.39% in the coming five years. Currently, most of bicycles produced in China are exported to other countries, such as USA and West Europe. Moreover, Chinese producers also are the major OEMs for the foreign famous brands. According to the research, Giant provides OEM service to Trek, based in Taiwan and China Mainland.

In 2018, the global Bicycle market size was 28200 million US$ and is forecast to 37900 million US in 2025, growing at a CAGR of 3.8% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Bicycle.

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This report includes the following manufacturers; we can also add the other companies as you want.

Giant Bicycles

Hero Cycles

TI Cycles

Trek

Shanghai Phonex

Atlas

Flying Pigeon

Merida

Xidesheng Bicycle

OMYO

Market Segment by Product Type

20 Inch

24 Inch

26 Inch

27 Inch

Market Segment by Application

Transportation Tools

Recreation

Racing

Physical Training

Market size split by Region

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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