Bicycle Parts and Accessories Market to Grow Extensively with CAGR Till 2025
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Los Angeles, CA -- (SBWire) -- 04/12/2019 --Bicycle Parts and Accessories are a general term for all parts and accessories of bicycles. According to the structural frame of the bicycle body, it can be divided into several categories: transmission parts, frame & forks parts, wheel parts, steering components, and so on.
Among the 25 accessories such as the transmission parts, frame & forks parts, wheel parts, steering components of bicycles, the basic components are indispensable. Among them, the frame is the skeleton of the bicycle, and it bears the greatest weight of people and goods. According to the working characteristics of each accessory, it can be roughly divided into guiding system, driving system and braking system.
The bicycle parts and accessories is classified into the transmission parts, frame & forks parts, wheel parts, steering components and other according to the bicycle body structure.
The bicycle parts and accessories market is relative concentrated market; key players include Shimano, SRAM, Fox Factory Holding, Campagnolo, HL CORP, GIANT, DT SWISS, Prowheel, MERIDA, Dorel Industries, Eastman Industries Limited, Colnago; the revenue of top five manufacturers accounts about 71% of the total revenue in 2018. The high-end products mainly come from Japan and USA.
The global Bicycle Parts and Accessories market was 5360 million US$ in 2018 and is expected to 6410 million US$ by the end of 2025, growing at a CAGR of 2.6% between 2019 and 2025.
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This report studies the Bicycle Parts and Accessories market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Bicycle Parts and Accessories in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Shimano
SRAM
Fox Factory Holding
Campagnolo
HL CORP
GIANT
DT SWISS
Prowheel
MERIDA
Dorel Industries
Eastman Industries Limited
Colnago
By the product type, the market is primarily split into
Transmission Parts
Frame & Forks Parts
Wheel Parts
Steering Components
By the end users/application, this report covers the following segments
Mountain Bicycles
Road Bicycles
Others
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