Bike Lock Market: Forecasts by Construction Type (U-locks, Chain Locks, Folding Locks and Cable Locks), Material (Stainless Steel, Copper, Aluminium and Others), Cable Thickness (Under 10 mm, 10 to 11.9 mm, 12 to 12.9 mm, 13 to 13.9 mm, 14 mm & Above), by End-user (Cycling, Security, and Commercial), Leading manufacturer and Regional Market: Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024
Brandessence Market Research has published a new report titled “Bike Lock Market: Forecasts by Construction Type (U-locks, Chain Locks, Folding Locks and Cable Locks), Material (Stainless Steel, Copper, Aluminium and Others), Cable Thickness (Under 10 mm, 10 to 11.9 mm, 12 to 12.9 mm, 13 to 13.9 mm, 14 mm & Above), by End-user (Cycling, Security, and Commercial), Leading manufacturer and Regional Market: Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024”. According to the report, developing economies are the most lucrative market for bike lock market during the forecast period 2018-2024.
Introduction to Bike Lock Industry:
It is easy to stole bike than car. People are more concern about securing bike than car or motorcycle. Bike theft is common and very hard to manage its parking and how it locks to secure. U-locks, Chain Locks, Folding Locks and Cable Locks are different types of locks available in market. Bike lock should be unbreakable and should have key features those everyone should aware of. These locks come in different size and security feature like key, code etc.
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Market Dynamics for Bike Lock industry:
Increasing awareness about global warming coupled with benefits of using cleaner way of transportation boot the demand of bikes. Bike directly cuts fuel emissions completely. Its small size and simple structure of operation helps to increase its demand. It also saves parking space, fuel, reduces harmful emission of gases. The market is mainly driven by the increasing incidences of crime globally. Rising security and safety concerns coupled with increasing awareness of security devices are expected to drive the Bike Lock market. Due to the high technological adoption in developed countries like U.S., Canada, and France among others. The increasing demand mainly from the developing regions like Middle East & Africa, Asia-Pacific, and South American countries are also driving the market. The emerging markets such as India, China, Brazil, Southeast Asia, and Japan are expected to change the trends and dynamics of the market in the future.
Bike Lock Market: Segment Overview
The global Bike Lock market is estimated to register a CAGR of 13.05% between 2018 and 2024. The market is mainly driven by the increasing demand from applications such as residential and commercial. Increasing investments in new infrastructure developments and an increase in GDP of China and India are increasing the demand of Bike Lock market. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World.
Browse the full “Bike Lock Market: Forecasts by Construction Type (U-locks, Chain Locks, Folding Locks and Cable Locks), Material (Stainless Steel, Copper, Aluminium and Others), Cable Thickness (Under 10 mm, 10 to 11.9 mm, 12 to 12.9 mm, 13 to 13.9 mm, 14 mm & Above), by End-user (Cycling, Security, and Commercial), Leading manufacturer and Regional Market: Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024” report at https://www.brandessenceresearch.com/consumer-goods/global-bike-lock-market-2018-2024/
This report segment of global Bike Lock market as follows:
Bike Lock Market by Construction,
• U-locks
• Chain Locks
• Folding Locks
• Cable Locks
Bike Lock Market by Material,
• Stainless Steel
• Copper
• Aluminium
• Others
Bike Lock Market by Cable Thickness,
• Under 10 mm
• 10 to 11.9 mm
• 12 to 12.9 mm
• 13 to 13.9 mm
• 14 mm & Above
Bike Lock Market by End User,
• Cycling
• Security
• Commercial
Bike Lock Market by Region
• North America
• U.S.
• Mexico
• Canada
• Europe
• UK
• France
• Germany
• Italy
• Asia Pacific
• China
• Japan
• India
• Southeast Asia
• Latin America
• Brazil
• The Middle East and Africa
• GCC
• Africa
• Rest Of MEA
Bike Locks market report covers top players like,
• Kryptonite
• ABUS
• OnGuard
• Blackburn
• Master Lock
• TiGr
• Pitlock
• Spybike
• Hiplok
• LATTIS
• Raleigh
• Oxford HD
• American Lock
• JINDIAN
• TONYON
• TOPDOG
• GIANT
• ROCKBROS
• INBIKE
• MIWA
• Goal
• NHN
• Nitto
• PLUS
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