DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Growth Opportunities in the Global Bicycle Industry" report to their offering.
The future of the global bicycle industry looks good with opportunities in the segments of e-bikes, road, mountain terrain bike (MTB), and kids' bicycles. The global bicycle market is expected to reach an estimated $34.9 billion by 2022 and is forecast to grow at a CAGR of 2.7% from 2017 to 2022. The major drivers of growth for this market are increasing fitness consciousness among people, increasing environmental concerns, increasing traffic congestion, and government programs to promote cycling.
Emerging trends, which have a direct impact on the dynamics of the bicycle industry, include increasing use of folding electric bicycles and increasing the demand for bicycles by improving safety features and appearance.
This report answers following 11 key questions:
Q.1. What are some of the potential, high-growth opportunities for the global bicycle industry, by bicycle type (road, mountain terrain bike, kids' bicycles, e-bikes, and other bicycles), region (North America, Europe, APAC, and the Rest of the World), and country (United States, Canada, Germany, United Kingdom, Spain, Italy, France, China, Japan, India, South Korea, Australia, and Brazil)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the bicycle market?
Q.5. What are the business risks and threats of bicycle market?
Q.6. What are the emerging trends in bicycle industry market and reasons behind them?
Q.7. What are some changing demands of customers in the bicycle market?
Q.8. What are the new developments in the bicycle market? Which companies are leading these developments?
Q.9. Who are the major players in bicycle market? What strategic initiatives are being implemented by key players for business growth?
Q.10. How is the competitive rivalry and threat of substitution in bicycle market?
Q.11. What M&A activity has occurred in the bicycle for last 5 years?
- Accell Group NV
- Derby Cycle
- Dorel Industries
- Giant Manufacturing Co. Ltd
- Hero Cycles Limited
- Ideal Bike Corporation
- Merida Industry Co. Ltd.
- Trek Bicycle Corporation
- Tube Investment of India Ltd.
Zhonglu Group Co., Ltd
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2011 to 2022
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
For more information about this report visit http://www.researchandmarkets.com/research/8djbff/growth