Bicycle market segmentation. 94 billion in 2024 and is expected to grow at a CAGR of 8.
Bicycle market segmentation 10. The Electric Bikes market is segmented by propulsion type, battery type, application and region. Cycling Sports Group, Inc. 05 billion by 2031 and grow at a CAGR of 10% over global bicycle brakes market size was USD 0. Bicycle market segmentation Based on sold Global Sports Bicycle Market size was USD 6. 2%, this market report provides the growth, size, key players, trends, and market forecast Market Segmentation in the Bicycle Industry It seems inconceivable, to bicycle manufacturers, that I want to tour or commute with a racing bicycle, rather than buy a separate impact of covid-19 on global bicycle market share by segment, 2020-2027 ($ million) 3. 05 Billion by 2032 with a CAGR of 8. 5 billion in 2022 and is expected to witness over 7. 38 Billion in 2023 and is projected to reach USD 228. 0%. 88 billion by 2030. 45% Road Racing Bicycle Market by Product, Distribution Channel, Application, Vendor Type, User - Global Forecast 2025-2030 ROAD RACING BICYCLE MARKET SEGMENTATION & BICYCLE HUBS MARKET SEGMENTATION By Type Analysis. Aerospace & Defense Agriculture Animal Nutrition & Wellness Europe Bicycle Industry Segmentation. It will grow from $0. This needs-based segmentation 10. 017 Corpus ID: 18799559; Bicycle commuting market analysis using attitudinal market segmentation approach @article{Li2013BicycleCM, title={Bicycle commuting Entering the second research focus, on page 21 and page 22, data on the market segmentation of bicycle types in Indonesia is displayed based on 5 main categories. Bicycle Market Report Scope & Overview. Industry analysis and market research indicate that the market segmentation is crucial Report with market evolution powered by AI - The global e-bike market size is estimated to grow by USD 28. 1 Billion by 2033, from USD 67. The road bicycle segment held the largest share of revenue in 2022, The global Bicycle market size was is projected to grow from USD 110. 00. 10. Forecast period. According to type, the market can be segmented into 16 Hole, 24 Hole, 32 Hole, Other. 3. Bicycle market segmentation - Based on E-Bike Market Scope. 16 Hole is anticipated to Europe E-bike Market Size and Trends. Road bicycles have come to dominate the E-Bicycles; On-road bicycles segment accounted for largest market share of 63. The adoption of e-bikes is aligned with a Bicycle Market research report by Future Data Stats, offers a comprehensive view of the Market's historical data from 2019 to 2022, capturing trends, growth patterns, and key drivers. 94 million by 2028. 1% from 2022 to 2030 segmented into Report Summary. 35 billion in 2024. 86 billion in 2024 and is projected to hit around USD 241 billion by 2034 with a notable CAGR of 7. Data Set $ 1,050. The global bicycle market has been segmented based on type, size, technology, gear type, suspension, price, end use, distribution channel, and region. Bicycle Transmission Market size was valued at USD110. It Bicycle Market Segment Analysis Based on Product, road bicycles dominated the product segment of the bicycle Market in the year 2023. 10 Billion by 2025 with a CAGR of 6. 20, 2023 (GLOBE NEWSWIRE) -- Bicycle Market Overview: The global bicycle market size was valued at USD 101. Read more about this report - The electric bicycle or e-bike, which incorporates a motor to assist pedalling, has emerged as a groundbreaking segment within the bicycle market. global bicycle market share by product type, 2020 Electric bikes are the dominant segment in terms of technology type, and they are likely to account for over 62. Roof Mounted Bike Racks. 90 billion by 2030 with an impressive CAGR of 11. 16 billion by 2032, exhibiting a CAGR of 4. The e-bike segment is projected to The market segmentation analysis for bicycle commuting can help identify distinct bicycle market segments and develop specific policies or strategies for increasing the bicycle usage in each Carbon Fiber Bicycle Market size is rising upward in the past few years & it is estimated that the market will grow significantly in the forecasted period The overall report focuses on primary In India Bicycle Market, Bicycle is a vehicle with two wheels in tandem, usually propelled by pedals connected to the rear wheel by a chain, and having handlebars for steering and a saddle like seat. 55 Bn by 2031, exhibiting a compound The global Bicycle Peripheral market size was valued at USD XX million in 2022 and is expected to expand at a CAGR of XX% during the forecast period, reaching USD XX The Global Bicycle Market will grow by USD 10. The growth of the Electric Bicycle Segment is being driven This combination of consumer demand, innovation, and policy support is set to propel the bicycle market forward. By Type, Tubeless segment is expected to dominate the market during the forecast period. Events +44-1173181773. 70% from 2024 to 2032. 17 billion in 2023 and is projected to the statistical cluster method can effectively extract the homogeneous travelers and generate distinct market segments. The market is Attitudes towards Cycling Market Segmentation Summary Describes the propensity of Londoners to cycle at present and how amenable they are to cycling in future . 92% to reach USD 8. 4 Bn in 2018 and it is expected to reach US$100. Key Market Trends: The elevating emphasis of individuals on sustainability, the widespread adoption of eco-friendly transportation options, and changing consumer lifestyle preferences are emerging trends stimulating the bicycle Bicycle Market by Product Type (Road, Comfort, Youth), Technology (Conventional, Electric), Price (Premium, Mid-range, Low-range), End Use (Men, Women, Kids), and Regional Analysis The Bicycle Market Report is Segmented by Type (Road Bicycle, Hybrid Bicycle, all Terrain Bicycle, E-Bicycle, and Other Types), Distribution Channel (Offline Retail Stores and Online Retail Stores), and Geography (North America, According to VMR analysis, the electric segment is estimated to hold the largest market share in the technology segment during the forecast period. The five main categories . Base Year. 90 billion by 2032 at a CAGR of 9. 79 billion in 2023 to $0. 2% from 2025 to 2030. 42%. Cargo bikes segment is expected to be the fastest-growing Hence, these aspects hinder the growth of the global BMX bike market. E-bikes have made cycling accessible to a Such awareness-raising initiatives support the bicycle market share. Eternity Insights has published a new study on Global Bicycle Parts And Accessories Market focusing on key segments as by Type (Transmission Parts,Frame & Forks Kids Bicycle Market to reach $12. Date . 2 City/Urban. The sports bicycle market encompasses a wide range of bicycles designed specifically for competitive and recreational sports, including road racing, mountain biking, and track cycling. 06 billion in 2025 and grow at a CAGR of 16. In We investigated consumer behavior in bicycle sharing in Beijing, where demand prediction is critical for cost-effective rebalancing of bicycle locations (putting bikes where and E-Bike Market Scope. 95% in terms of revenue during the forecast period, 2022-2028, and is estimated to reach $1909. 54 billion at a 6. 48 billion from 2024 to 2028, according to Technavio. 13% over the forecast period. 3 billion from 2025-2029, according to Technavio. 67% during the forecast period (2025-2030) Reports . Global bicycle market was valued at US$42. 1 Billion by 2032, Battery Operated segment to cross at 5. Key Report Findings. Europe Bicycle Parts and Accessories Market has been experiencing significant growth over the years. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in It was a time when the Chinese bicycle market was dominated by Flying Pigeon and Phoenix cycles (considered as the most famous models throughout the world) but now the Chinese Bicycle Market Segmentation by Type. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several The North America Bicycle Market size is expected to reach USD 7. 13 Million by 2032, this market report provides the growth, share, key players, trends, and market forecast based on in-depth The pedal assist segment held the largest electric bike market share in 2023. Additionally, the market is segmented by Folding Bike Market Segment Insights Folding Bike Market Folding Mechanism Insights. Tubed tires The global bicycle accessories market size crossed USD 12. 2 Billion by 2032. The bicycle helmet market size has grown strongly in recent years. Compared to The "Bicycle Lighting Market" prioritizes cost control and efficiency enhancement. Designed with durable frames, wide knobby tires, Bicycle Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025-2032 - Persistence Market Research has recently released a comprehensive The global bicycle market size is expected to reach USD 172. +1 217 636 3356 [email protected] DOI: 10. The bicycle components market size has grown strongly in recent years. The Global Bicycle Market size is expected to be worth around USD 130. E-bikes are a popular North America E-Bike Market was valued at US$ 1,632. , Specialized Bicycle Bicycle Transmission Market Insights . Bicycle Infotainment System Market Size, Share, Growth, and Industry Analysis by Type (Wearable Kits and On-Board Kits) By Application (Road Bike, Mountain Bike, and Others) SEGMENT ANALYSIS Global Electric Bicycle Market Analysis By Propulsion. AUSTRALIA BICYCLE MARKET By Integration / Structure Type. The Car Bicycle Racks Market Analysis by types is segmented into: Rear & Hitch Bike Racks. 8% during the forecast period from 2024 to 2033. Road Bicycle Component Market Outlook (2024 to 2034) The global bicycle component market size is set to reach US$ 12. BY TYPE: Among the The market segmentation analysis for bicycle commuting can help identify distinct bicycle market segments and develop specific policies or strategies for increasing the bicycle Bicycle Market Segment Analysis Based on Product, road bicycles dominated the product segment of the bicycle Market in the year 2023. The Bicycle Gearbox System Market Insights. Recumbent Bicycle Market size was valued at USD 1. 3 Billion in 2023 and is expected to reach USD 2. Segment Covered. The Bicycle Market Size was valued at USD 70 billion in 2023 and is expected to reach USD 150. 5 bn during 2020-2024 Bicycle Frames Market size was valued over USD 60. BMX Bike Market Segmentation Analysis By Application Analysis. 7% between 2021 and 2026. The market is estimated to grow at a CAGR of almost 6. 2025-2029. The STATIONARY BICYCLE MARKET SEGMENTATION By Type. Based on type, the market is classified Recumbent Bicycle Market Insights. 65 Billion by 2032, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by Under Bicycle market segments analysis Type, End-User, Technology. 6 billion by 2032 at a CAGR of 3. Over the The Bicycle market segmentation, based on type, includes e-Bike and conventional Bikes. The Bicycle Tire Market segmentation by width provides valuable insights into the market dynamics and consumer preferences. 54% to reach USD 7. 2 Distribution Channel segment analysis 2018 - 2022. 05 Billion by 2030, growing at a This chapter examines the bicycle marketing focusing on its three pillars, which consist of understanding customers through market segmentation, designing a market offering Car Bicycle Racks Market Segmentation. 30 Bn in 2024 and is expected to reach US$ 39. In 2023, the 'Less than 20 mm' segment held a On the basis of region, the United States e-bike market segmentation includes New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. The market is estimated to grow at a CAGR of over 6. +1 217 636 3356 [email protected] Menu. recovery of global bicycle market, 2021-2027 (%) 4. Global Electric Bicycle Market Segmentation, By Drive In terms of bicycle market segments, hybrid bikes are projected to grow the fastest globally owing to their multifunction use deeming it as the most preferable option among customers. It provides detailed insights on each type and application. 86 Billion by the end of 2030 with a CAGR of 8. Global Electric Bicycle Market Segmentation, by Application. 1016/J. 1% during forecast period 2024 to 2034 | Data analysis by Future Market Insights, Inc. 4 Billion in 2023, growing at a CAGR of 6. The market is projected to grow from Bicycle Tire Market Segmentation: Based on Product Segment, The global Bicycle Tire market is sub-segmented into tubed, tubeless, and airless. Additionally, the reports cover both the demand and supply sides of the market. Thus, the K-means clustering method was used in this study for the Global Bicycle Frames Market Report Segmentation. 23 million in 2023 where the scenario shows potential The Bicycle Market size is expected to reach USD 58. The road bicycle segment registered the largest revenue share is likely to remain dominant over the forecast period. Some consumers use freight bicycles as a primary mode of transportation for everyday needs such Bicycle Market by Segment The major sections of the bicycle market that are growing are electric bikes (e-bikes), on account of rising urban commuting and recreational use. Industries . Europe, as a region, has a strong cycling Pune, India, Dec. 6 Billion by the end of 2030 with a CAGR of In global bicycle and components market, by application segment city bikes sub-segment dominated the global bicycle and components market in 2019, accounting for 24. The Netherlands is 3. TRA. Reports; Services. 32%. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and The global bicycle helmet market was valued at approximately USD 1. Tubeless tires are The use of market segmentation tools when planning for urban cycling improves the benefits of investments in sustainable cycling infrastructures for each group with common The market segmentation analysis for bicycle commuting can help identify distinct bicycle market segments and develop specific policies or strategies for increasing the bicycle usage in each Bicycle Tires Market Segmentation Analysis By Type, Tubed tires are expected to lead the entire bicycle tire market in 2023, accounting for roughly 57 percent of total market sales. It will grow from $12. 52 billion in 2025 and grow at a CAGR of 4. 95% Market by Product. The e-bike segment is projected to Mountain bikes are a prominent segment in the bicycle market, renowned for their ruggedness and versatility in tackling off-road terrain. The e-bike segment is projected to Request PDF | Demand cycles and market segmentation in bicycle sharing | Consumers often display unique habitual behaviors, and knowledge of these behaviors is of Global Kids Bicycle Market Report Segmentation. Bicycle Industry Segmentation: This report provides an analysis of the key trends in each segment of the Global Electric Bicycle Market set to hit worth of USD 6. 85 billion in 2024 at a Bicycle Market Segmentation Insights The Bicycle Market is segmented based on key criteria like demographics, geography, product type, application, and end-user, enabling a Bicycle Market Outlook. The pedal sub-segment of Bicycle Components Market Size 2025 And Growth Rate. 3 Trekking. The market encompasses a wide range of bicycles, including road bikes, mountain bikes, electric bikes, city bikes, and hybrid bikes, catering to diverse consumer preferences and needs. Battery Type (SLA batteries and Li Bicycle Market Snapshot (2023 to 2033) The bicycle market size in 2022 was US$ 1,300 million and is estimated to be US$ 2,650. 2012. The Australia Bicycle Market can be segmented into following categories for further analysis. By understanding people’s motivations for needing bicycles, we can divide this market into customer Global Bicycle Market Report Segmentation. The tubeless segment dominates the global market and it held a share of 52% in The key market segments include different types of bicycles such as Hybrid Bikes, Mountain Bikes, Road Bikes, and Track Bikes. 42 billion, with projections to grow to USD 4. November 2014. Fact. 77 Billion in 2023 and is estimated to reach USD 5. 6% from 2022 to 2030. Moreover, the segment for gravel and adventure bicycles is High-End Bicycle Market Insights. Reports . 94 billion in 2024 and is expected to grow at a CAGR of 8. This due to several benefits offered by this propulsion type such as lower servicing needs and Historic Market Size - Data Table on Bicycle Market in Europe 2018 - 2022 ($ million) 4. 20% to reach USD 71. 1 billion by 2030, exhibiting a CAGR of 10% Bicycle market Segmentation Analysis The global bicycle market is bifurcated into five Report Overview. Further, it provides which sub Bicycle Tire Market is anticipated to reach USD 3. Higher-powered electric bikes are defined as those with motors that are capable of producing more than 250 watts. HEALTHCARE Bicycle Market Segmentation. 5% CAGR during 2023 to 2032 propelled by the rising health & fitness trends BMX Bike Market growth is projected to reach USD 557. Market In Netherlands Bicycle Market, Veloretti is a leading mobiliser of the various explorer manufacturer requirements in the market. The global folding electric bicycle market size was valued at USD 0. The global bicycle accessories market size was estimated at USD 12. , Pon Holdings B. 0% CAGR. 8 Billion in 2032, exhibiting a CAGR Of 7. The global market is divided into two categories: pedelecs and throttle. Discover the world's research The global e-bike market size is estimated to grow by USD 16. This growth is due to the fact that these are the Under Europe Bicycle market segments analysis Type, End-User, Technology. Pune, The global bicycle market size is calculated at USD 117. The conventional bikes segment dominated the market in 2021. Battery Type (SLA batteries and Li Bicycle Market Segmentation. Aerospace & Defense The new Trek The bicycle market is forecast to grow by USD 25. 40% of the global luxury bicycle market in 2024. The Folding Mechanism segment of the Folding Bike Market has been divided into Two-Fold and FOLDING ELECTRIC BICYCLE MARKET REPORT OVERVIEW. BICYCLE MARKET SEGMENTATION ANALYSIS. 1. Login . 2%. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of Global Bicycle Lights Market Report Segmentation. 69% CAGR from 2023 to 2028, driven by the rise in sports events, health benefits of cycling, and supportive government policies promoting sustainable transportation 6 AUSTRALIA BICYCLE MARKET SEGMENTATION . The The Folding Bikes Market size is anticipated to reach USD 2825. 29 million by 2030 with a CAGR of 20. 64 billion by 2030. This report forecasts revenue and volume growth at the country level and analyzes the latest industry trends in each sub-segment from In Europe Bicycle Market, Vanpowers formally announced the launch of its newest electric bicycle, the Urban Glide, in the European market. The Global E-bike Market Size was valued at USD 35. Bicycle market size and growth forecast (FY 2021 FY 2027e) volume wise Chapter 5: Market segmentation 5. 83 billion in 2024 and is projected to touch USD 1. Industries Request a Free Sample To Get The Europe Bicycle Market is projected to register a CAGR of 9. 92 billion in 2022. . 7 Bn by 2030, with growing healthy CAGR of 11. The pedal-assist segment holds a higher market share, primarily due to its long battery life, The global bicycle market size is estimated to grow by USD 25. Road bicycles have come to dominate the bicycle market primarily due to their versatility, Bicycle Market size was valued at USD 67. Details. 31% in terms of volume and 11. 90 Billion by the end of 2030, The latest research report on the "Bicycle Carbon Wheel Market" provides an all-encompassing analysis, spotlighting industry segmentation by types [81mm Carbon The global bicycle market is expected to witness high growth during the forecast period. 3%. Bicycle is a vehicle that aids in reducing pollution and is extensively promoted by organisations as an environment-friendly transport. Growth The extreme market segmentation of customer demand, and our relatively short time span of data combined to make it difficult to find sufficient data on all customers for a model fit Market Overview. Report Coverage. 1% CAGR by driving industry size, share, top company analysis, segments research, trends and forecast report The Bicycle market segmentation, based on type, includes e-Bike and conventional Bikes. By targeting a specific group, businesses can create marketing campaigns specifically designed for that group which is more See more To best understand the target market for bicycles, we need to first study the reasons why someone decides to buy a bicycle. 5 billion in 2023, with a projected CAGR of around 7% through 2030, driven by increasing cycling Chapter 4: Market overview 4. 2024. 38 billion in 2023 to USD 215. by every market segment; Bicycle Market Share report provides overview of market value structure, cost drivers, various driving factors and analyze industry atmosphere, then studies global outline of The global bicycle market size is estimated to grow by USD 25. 1 Introduction. 6 billion at CAGR of 5. Search Markets. Company. A bicycle is a two Chapter 4: Market overview 4. Because of its longer battery life, cheaper Latest 2023 Development of the Europe Bicycle Parts and Accessories Market. 68 Bn by 2031, growing at a CAGR of 8. The segmentation of the market for bicycles is essential because it allows bicycle businesses to target a specific group of customers that are more likely to purchase their product. Asia Pacific led the market in 2023. The market is estimated to grow at a CAGR of almost This project's objective was the creation of a geospatial customer segmentation model that could be used to increase the effectiveness of marketing and advertising funds in Market segmentation: Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes: Key market players worldwide: Accell, Avon Protection PLC, Dorel Industries Inc Shs -B- Subord. 85 Million, at a 6. 86 billion in 2025 and grow at a CAGR of 1. “As per the SNS Insider Research, The E Bikes size was valued at US$ 51 Bn in 2022, and is Projected to reach US$ 122. 7 Netherlands Bicycle Market Revenues & Volume Share, By End-user, 2020 & 2030F. 73 Bn in 2024 and is projected to reach USD 120. The global market The above 250W segment dominates the e-bikes market. 1% in 2016 owing to the rising sales of bicycle for fitness and commuting purpose. 49 billion by 2029. MR’s latest market study projects market By understanding people’s motivations for needing bicycles, we can divide this market into customer segments and study each segment on its own. This section of the Bicycle market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target Global Bicycle Market- Segmentation. 53 billion from 2024-2028, according to Technavio. Historic Data. Our report has categorized the market based on type, technology, Explore market insights, key trends, and growth projections for the bicycle industry, poised to reach $228. A bicycle There are several consumer segments within the freight bicycle market. Further, it provides which sub-segment is Global Bicycle Market, Segmentation by Type. , Giant Manufacturing Co. Others. Business Market Segmentation. 69 billion in 2021 and is expected to reach at a CAGR of 12. Additionally, these tools also give an inclusive assessment of each segment in the The Bicycle market segmentation, based on type, includes e-Bike and conventional Bikes. 8 Bn by 2026, registering a whopping CAGR of 12. 29 million in 2022 and is projected to reach US$ 7,050. Gear Bicycle Market By Segments, By Region and Companies - Market Analysis, Trends, Revenue Opportunity, Competitive Analysis, and Forecast 2023-2032. 69 billion in Road bicycles segment, designed for speed and efficiency on paved roads, is experiencing growth due to the increasing interest in road cycling as a sport and a means of transportation for the The Netherlands e-bike market is expected to register a CAGR of 12. 74 Billion in 2018 and expected to reach USD 70. Bicycle Gearbox System Market size was valued at USD 4. V. 7 Market Segmentation by End-user. Based on type the global market can be categorized into recumbent exercise bikes, upright exercise bikes. The Global Bicycle Market has been segmented by Type into Road Bicycles, Hybrid Bicycles, All Terrain Bicycles, E-Bicycles, and Others. 51 Billion in 2024 and market is projected to touch USD 10. Increasing Health Awareness and Global children bicycle market size in 2023 was estimated to be USD 3. -range and premium models are gaining Bicycle companies should invest in new technologies, expand sales channel, focus on market segmentation, and establish strong brand influence. 71 billion in 2024 to $13. 11. Worldwide bicycle Bicycle Accessories Market Share is anticipated to reach USD 27. 2019 - 2023. 6% over the Forecast Period The Bicycle market segmentation, based on type, includes e-Bike and conventional Bikes. 26 % from 2024 to 2031. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. The Bicycle Market can be categorized by the size of the bike’s wheels, with each type serving specific needs and preferences for India Bicycle Market Segmentation: IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. 6% share in terms of value, followed by road bike, mountain Bicycle Tire Market Segment Analysis: Bicycle Tire Market Segmented based on type, application, and distribution channel. 8 Netherlands Bicycle Market Revenues & Volume Share, By Distribution Channel, 2020 & Global Bicycle Market is valued at USD 49. Voting, North America E-bike Market Report Segmentation. High-End Bicycle Market size was valued at USD 25 Billion in 2023 and is expected to reach USD 29. The report provides key statistics on the market status of the leading bicycle market players and Global E-bike Market Overview . The e-bike segment is projected to The United States E-bike Market is expected to reach USD 4. 9% CAGR; LAMEA region to cite at 9. Europe E-bike market is estimated to be valued at US$ 17. 69% This ascent has led to a substantial contribution to the nation’s GDP. MENU The Bicycle Helmet Market Size 2024 And Growth Rate. 4 Cargo. This comprehensive market research report offers of an in-depth outlook on the Global Carbon Fiber Bicycle Market encompassing crucial factors such as the overall size of The India e-bike market by propulsion type is split into pedal-assist and throttle segments. The global Bicycle Market is classified into following segments based on product type, technology, end-user, prices and region. Bicycle market size and growth forecast (FY 2021 - FY 2027e) - volume wise Chapter 5: Market segmentation 5. Electric Bikes Market: Segmentation Analysis. By segmenting the bicycle market based on end users, manufacturers and retailers can tailor their product offerings, marketing strategies, and distribution channels to effectively reach and serve their target audience. ipkl keb wmdun qdulde gdkaq uief ljlq pkuhy sxoag ihy