Press release
Bicycle Accessories Market Competitive Dashboard, Segmentation, Key Players And Forecast To 2033
Bicycle Accessories Market
The bicycle accessories market size is expected to see strong growth in the next few years. It will grow to $19.36 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rise in micromobility solutions, health and fitness integration, integration of artificial intelligence, shift towards electric bikes, sustainable and eco-friendly products. Major trends in the forecast period include integration of wireless technology, focus on lightweight and compact designs, fashionable and stylish designs, smart navigation and assistance, adoption of aerodynamic accessories.
Market Overview -
Bicycle accessories are items that are added to a bike to enhance the rider's experience. They can increase a rider's safety, comfort, and convenience, as well as their personality and sense of flair.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=12360&type=smp
Surge In E-Bike Sales Ignites Growth In The Bicycle Accessories Market
An increase in e-bike sales is expected to propel the growth of the bicycle accessories market going forward. An electric bicycle refers to a motorized bicycle, with an electric motor used to assist propulsion. Bicycle accessories assist the rider in riding a bicycle by providing various accessories such as a helmet, battery, front lamp, rear lamp, front lamp, and alloy pedals. For instance, according to CONEBI (The European Association of the Bicycle, E-Bike, and Parts & Accessories Industries), a Belgium-based association, sales of e-bikes in the UK and Europe rose by 12% in 2021 compared to 2020. Therefore, an increase in e-bike sales drives the bicycle accessories market.
Competitive Landscape -
Major companies operating in the bicycle accessories market report are Continental AG, Garmin Ltd., Shimano Inc., Giant Manufacturing Co. Ltd., Trek Bicycle Corp., Fox Factory Inc., Accell Group N.V., Merida Industry Co. Ltd., Thule Group AB , ABUS August Bremicker Söhne KG, SRAM LLC, Specialized Bicycle Components Inc., DT Swiss, Campagnolo S.R.L, Samchuly Bicycle Co. Ltd., Scott Sports SA, Endura Ltd., Cannondale Bicycle Corporation, Mavic SAS, Eastman Industries Ltd., Blackburn Design, Sigma Sport, Selle Italia S.p.A., Avon Cycles Ltd., Park Tool Company, Lezyne USA Inc, BBB Cycling, Cateye Co. Ltd., Topeak Inc., Giro.
Strategic Partnerships Fueling Innovation In The Bicycle Accessories Market
Major companies operating in the bicycle accessories market are adopting strategic partnerships to manufacture eBikes and develop electric-drive two-wheeler systems. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in August 2022, Porsche eBike Performance GmbH, a Germany-based company that manufactures bicycles, announced a partnership with Ponooc Investment B.V., a Netherlands-based independent venture capital company. The Porsche-Ponooc collaboration will be led by a new management team. Porsche sees a lot of promise in the e-bike category. Porsche's actions in this sector are constantly growing. Porsche eBike Performance GmbH will design and manufacture especially powerful eBike drive systems within the Porsche brand name, in addition to smaller drive systems from Fazua. In the future, both product categories will be marketed to e-bike manufacturers globally, with the newly formed joint venture serving as a technological partner. The electric drive systems will be employed in Porsche eBikes and other manufacturers' goods.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/bicycle-accessories-global-market-report
Key Segments -
The bicycle accessories market covered in this report is segmented -
1) By Product: Apparels, Components
2) Bicycle Type: Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes, Other Bicycle Types
3) By Marketplace: Original Equipment Manufacturer (OEM), Aftermarket
4) By Sale Channel: Offline, Online
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bicycle Accessories Market Competitive Dashboard, Segmentation, Key Players And Forecast To 2033 here
News-ID: 3472782 • Views: …
More Releases from The Business research company
Aerospace And Defense Telemetry Market Size, Share, Growth, Latest Trends, Indus …
"The aerospace and defense telemetry market size has grown strongly in recent years. It will grow from $7.52 billion in 2023 to $8.17 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to geopolitical tensions, military modernization, rise in budget allocations, aircraft fleet expansion, rise in space exploration.
The aerospace and defense telemetry market size is expected…
Wireless POS Terminal Market Analysis With Key Players, Applications, Trends And …
The wireless pos terminal market size has grown rapidly in recent years. It will grow from $11.7 billion in 2023 to $13.14 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to increased adoption of mobile devices, rise in demand for cloud-based solutions, need for flexibility and mobility in payment transactions, rise in internet penetration, increasing…
2024 Walkie Talkie Market Size, Share, Growth, Latest Trends, Industry Analysis …
The walkie talkie market size has grown strongly in recent years. It will grow from $6.45 billion in 2023 to $7.05 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to industrial and commercial applications, public safety and emergency response, military and defense usage, outdoor and recreational activities, supply chain and logistics..
The walkie talkie market size…
Veterinary Infectious Disease Diagnostics Market Analysis With Key Players, Appl …
The veterinary infectious disease diagnostics market size has grown strongly in recent years. It will grow from $1.77 billion in 2023 to $1.95 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing pet ownership, rising awareness, government initiatives.
The veterinary infectious disease diagnostics market size is expected to see strong growth in the next few…
More Releases for Bicycle
Sports Bicycle Market 2022 Precise Outlook - Scott, Jamis, Kestrel, Schwinn, GIA …
The research report studies the Sports Bicycle market using different methodologies and analyzers to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each place is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The data analysts have used primary and secondary…
Bicycle Helmet market Projected To Grow 2.7% Cagr Through 2025 | Trek Bicycle Co …
Bicycling is a type of sport, which is carried out for fitness purpose or as a fun activity. Wearing helmet while riding a bicycle is advised to prevent head injuries caused due to accidents. Bicycle helmets are classified based on its use such as helmet for road cycling, helmet for mountain cycling, and fitness cycling applications.
The global Bicycle Helmet market is valued at 636.2 million in 2020 and is expected…
Bicycle Helmet Market Revenue Growth Predicted by 2026 | Trek Bicycle Corporatio …
The Bicycle Helmet market has been garnering remarkable momentum in recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the market. Report Hive's latest publication, Titled "[Bicycle Helmet Market Research Report 2020]", offers an insightful take on the drivers and restraints present in the market. This is the latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus…
High-End Bicycle Market 2019 Witness Highest Growth In Near Future Leading Key P …
Up Market Research published a detailed report on “High-End Bicycle Market”. The report provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2026.
Get Sample Copy Of This Report @
https://www.upmarketresearch.com/home/requested_sample/80278
The report contains 109 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
High-End Bicycle Market research report delivers…
Global Sports Bicycle Market Forecast 2018-2025 Atlas Cycles, Bianchi Bicycle, G …
Recently added detailed market study "Global Sports Bicycle Market" examines the performance of the Sports Bicycle market 2018. It encloses an in-depth Research of the Sports Bicycle market state and the competitive landscape globally. This report analyzes the potential of Sports Bicycle market in the present and the future prospects from various angles in detail.
The Global Sports Bicycle Market 2018 report includes Sports Bicycle market Revenue, market Share, Sports Bicycle…
Bicycle Market By Product Type (Mountain bicycle, Cyclo-cross bicycle, Track bic …
Global Bicycle Market Report was valued at USD xx Billion in the year 2017. Global Bicycle Market is further estimated to grow at a CAGR of xx from 2011 to reach USD xx Billion by the year 2023.
Get Free Access to Sample Report @ https://genesismarketinsights.com/Sample_Request/GENRE234
The bicycle market report is segmented into two parts – By Product Type, End User and Distribution Channel. The Product Type segment is divided into mountain…
