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Tuesday, March 22, 2022

E-bicycle is expected to remain the largest segment in the global bicycle market

An exciting new study from the team of Lucintel found that bicycle market is expected to grow at a CAGR of 8.8%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/bicycle-market-report.aspx  

The bicycle market is segmented based on type, and region. In this market, e-bicycle is the largest segment by type. Players can benefit from the available opportunities like development of cycling infrastructure will have a larger impact on the electric bicycle market.

Increasing trend of bike sharing, development of folding bicycles, and custom fit bicycles are emerging trends having impact on dynamics of the industry.

Giant Manufacturing, Merida Industry Co. Ltd., Accell Group NV, Dorel Industry, Tube Investment of India Ltd., Ideal Bike Corporation, Hero Cycles Ltd. are some of the major players profiled in this 178 page report.

Request Sample Pages by clicking on

https://www.lucintel.com/bicycle-market-report.aspx

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the bicycle market by type (road bicycle, mountain bicycle, kids bicycle, e-bicycle, and other bicycles) and region (North America, Europe, Asia Pacific, and the Rest of the World)? 

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the bicycle market?

Q.4 What are some changing demands of customers in the bicycle market?

Q.5 What are the new developments in the bicycle market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this bicycle area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this bicycle market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: 
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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