Global Bicycle Market 2018-2022 - MarketResearchNest.com

Global Bicycle Market 2018-2022

Description :
About Bicycle
Bicycles, also called as bikes, are a two-wheeler vehicle that is an eco-friendly and inexpensive way of commute. Manual pedal bicycles do not require any external fuel or supply s...

Publish Date : 14-Feb-2018

No.Of Pages : 155

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About Bicycle
Bicycles, also called as bikes, are a two-wheeler vehicle that is an eco-friendly and inexpensive way of commute. Manual pedal bicycles do not require any external fuel or supply source whereas electric-driven bicycles (with 250W motor) are assisted by electric power and have the option to be manually pedaled.

Technavio's analysts forecast the global bicycle market to grow to USD 44.40 billion during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global bicycle market for 2018-2022. To calculate the market size, the report considers the scope includes the retail sales of manual, human-powered two wheeled pedal, bicycles and motor-assisted bicycles, with only electric bikes (e-bikes) that have maximum of 250W motors fitted-in it to exceed not more than 25 km per hour.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Bicycle Market 2018-2022, 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.

Key vendors
• Accell Group
• Dorel Industries
• Giant Bicycle
• GUANGDONG TANDEM INDUSTRIES
• Insera Sena
• MERIDA


Market driver
• Consumer's shifting preference toward cycling as a sport, leisure, and cardio activity
• For a full, detailed list, view our report

Market challenge
• Greater availability and increasing market of refurbished bicycles
• For a full, detailed list, view our report

Market trend
• Technological advances in bicycles industry
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?


You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.



SECONDARY RESEARCH

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION

The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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