Bicycling is being opted by the majority of health-conscious population as well as in the form of leisure activity. Apart from keeping obesity and the digestion-related disorders at bay, bicycles prove to be cost-effective as well. The developing economies have realized these benefits and taken to bicycling on the war footing.

These days, dockless bicycle-sharing systems are witnessing an exponential demand. As they let users locate bicycle in the vicinity followed by unlocking it electronically. Though the origin could be traced to the Europe, the countries like China and India are more into adoption of these systems. Persistence Market Research has captured these details with insights through its report entitled “Bicycle Market”.

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FACTS AT A GLANCE

Companies: Giant Bicycles Inc.,Atlas Cycles Ltd,Derby Cycle Holding GmbH,Trek Bicycle Corporation,Avon Cycles Ltd.,Zhonglu Co., Ltd,Accell Group N.V.,Tube Investments of India Limited,Dorel Industries Inc.,Merida Industry Co., Ltd,Tandem Group plc,Samchuly Bicycle Co., Ltd,F.I.V.E. Bianchi S.p.A,Specialized Bicycle Components,Hamilton Industries Pvt. Ltd

Coverage: All major geographies and key segments

Segments: Bicycle Market is segmented by product such as Mountain Bikes, Hybrid and Cross, Road, Comfort, Youth, Cruisers, Electric, and by technology that is Conventional, Electric.

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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global bicycle market

ABSTRACT-

Persistence Market Research (PMR) recently published a study on the global bicycle market. The report provides detailed valuation on key market dynamics, such as the drivers, trends, opportunities, and restraints, along with detailed information about the bicycle market structure. This market research report presents exclusive facts and figures about how the bicycle market will grow over the forecast period.
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Key indicators of market growth, such as value chain analysis and supply chain, compounded annual growth rate (CAGR), and year-on-year (Y-o-Y) growth of the market, are explained in PMR’s study in a comprehensive manner. This information can help readers understand the quantitative development projections of the bicycle market over the forecast period.

The study is relevant for stakeholders in the bicycle market, as well as manufacturers, distributors, suppliers, and investors, as it can help them understand applicable strategies to grow in the market. Stakeholders, investors, industry experts, researchers, and journalists, as well as business researchers in the bicycle market can leverage the information and statistics presented in PMR’s research report.

The report includes facts & figures related to the macro- as well as macro-economic factors that are impacting the growth of the bicycle market. The study also offers actionable insights based on future trends in the bicycle market. Furthermore, regional players and new entrants in the bicycle market can also use the information presented in this report to make business decisions and gain momentum in the market.

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