DUBLIN--(BUSINESS WIRE)--The "Global Hybrid Bicycles Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The hybrid bicycles market will register a CAGR of almost 4% by 2023.
There has been a rapid consumer shift worldwide from motor vehicles to bicycles as a feasible mode of city transport, especially for work commutes. Hybrid bicycles offer a better balance of control and speed on roads compared with mountain bikes and road bikes.
The betterment of cycling infrastructure with high emphasis on establishing dedicated bicycle lanes, crossings, bicycle racks, and adequate lighting facilities for bicycle lanes have been key drivers for the growth of the global hybrid bicycles market over the last few years. Hence, the rising emphasis on the betterment of cycling infrastructure is expected to boost the growth of the global hybrid bicycles market during the forecast period.
Rise in government initiatives promoting cycling
Owing to growing constraints related to city traffic management, several countries are increasingly encouraging the adoption of cycles as a mode of transport. Hence, the growing support through government initiatives is expected to boost the growth of the global hybrid bicycles market during the forecast period.
Fluctuation in prices of raw materials
The fluctuations in prices of raw materials such as aluminum, steel, and rubber have adversely impacted the production costs and profit margins of hybrid bicycles over the last few years. Hence, with the fluctuations in prices of raw materials, the production costs of hybrid bicycles are expected to increase considerably during the forecast period.
Competitive Landscape
The market appears to be moderately fragmented with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
Key Players
- Accell Group
- Dorel Industries Inc.
- Giant Manufacturing Co. Ltd.
- Insera Sena
- Merida Bikes
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Comparison by distribution channel
- Specialty stores - Market size and forecast 2018-2023
- Sporting goods retailers - Market size and forecast 2018-2023
- Online sales - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by distribution channel
PART 08: CUSTOMER LANDSCAPE
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Rising prominence of online sales
- Growing popularity of eco-friendly bikes
- Increased investments in cycling events as a promotional strategy
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Accell Group
- Dorel Industries Inc.
- Giant Manufacturing Co. Ltd.
- Insera Sena
- Merida Bikes
For more information about this report visit https://www.researchandmarkets.com/research/45vn7w/the_global_hybrid?w=4
