DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Sports Bicycle Market 2017-2021" report to their offering.
The global sports bicycle market to grow at a CAGR of 5.60% during the period 2017-2021.
The report, Global Sports Bicycle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in market is increasing fuel prices. Fuel price increased significantly over the past few years and continues to fluctuate. According to the US Energy Information Administration, the average price of crude oil was $61 in 2015 and is expected to reach $67 in 2016 and $76 by 2017. With an increase in the price of fuel, the demand for sports bicycles has increased. Sports bicycles are equipped with gear that help manage speeds better and make riding on mountain trails, overpasses, and rough roads easier. Many people in Europe now prefer to bike to work, especially with city governments constructing bike-friendly streets, thereby contributing to the growth of the global sports bicycle market.
Key vendors
- JAMIS
- KESTREL
- SCHWINN
- SCOTT
Other prominent vendors
- Atlas Cycles
- Bianchi Bicycle
- GIANT Bicycle
- GT Bicycles
- Others
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Segmentation by end-user
PART 07: Market segmentation by product
PART 08: Market segmentation by retail formats
PART 09: Geographical segmentation
PART 10: Key leading countries
PART 11: Decision framework
PART 12: Drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/nxt59d/global_sports