DUBLIN--(BUSINESS WIRE)--The "Global
Automotive Bicycle Rack Market 2018-2022" report has been added
to ResearchAndMarkets.com's offering.
Global automotive bicycle rack market is expected to grow at a CAGR of 4.63% during the period 2018-2022.
The report 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.
One trend in the market is increasing demand for bicycle racks from car rental companies. Car rental service providers are increasingly focusing on offering value-added services such as the provision of bicycle racks for cars to increase market penetration and gain consumer preference, especially from individuals inclined towards adventure tourism.
According to the report, one driver in the market is increasing demand for adventure tourism. Adventure tourism activities such as mountaineering, trekking, and cycling are becoming increasingly popular among consumers in North America and Europe.
Further, the report states that one challenge in the market is decreased fuel efficiency of vehicles. Increased vehicle weight and high engine power reduce the fuel consumption of any automotive. Installation of bicycle racks adds significant weight to vehicles, which in turn, reduces their fuel efficiency.
- Thule Group
- Yakima Products
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/ltjj2t/global_automotive?w=4