Global Bike Lock Market Estimations to show an Upward Growth Trend till 2028
Posted On January 28, 2022
The report provided by Value Market Research indicates that the Global Bike Lock Market value is likely to grow at an incremental rate during 2022-2028. As customers' safety concerns grow, the bike lock market is expected to grow in the future. Concerns about pollution and global warming have pushed a shift toward emissions-free cycles. As a result, the need for bike locks will increase in the future years, as individuals will need to store their bikes and lock them to prevent theft. Furthermore, the benefits of riding a bicycle are gaining popularity on social media, and promotional events emphasize bicycle use, creating the lucrative potential for market players. Because of the lightweight and specialised designs of bike locks that have been introduced to the market, the industry will grow.
A bike lock is a security device that locks one of the wheels or attaches the bike to a fixed object, such as a bike rack, to prevent bicycle theft. The most secure locking devices are the largest, heaviest, and least portable, the fastest being the most significant, most serious, and least portable. Like other security solutions, Bike locks must strike a compromise between safety, portability, and cost. Some are made of high-priced materials chosen for their high strength and low density.
The elaborate study "Global Bike Lock Market Report By Construction (U-Locks, Chain Locks, Folding Locks, Cable Locks), By Material (Stainless Steel, Copper, Aluminium, Others), By Cable Thickness (Under 10 Mm, 10 To 11.9 Mm, 12 To 12.9 Mm, 13 To 13.9 Mm, 14 Mm & Above) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2028" poses a refreshing view of the market taking into consideration all the aspects affecting the market.
On the basis of construction the market is segmented into U-Locks, Chain Locks, Folding Locks, Cable Locks. By material the bike lock market is categorised as Stainless Steel, Copper, Aluminium, Others. By cable thickness the bike lock market is categorised as Under 10 MM, 10 To 11.9 MM, 12 To 12.9 MM, 13 To 13.9 MM, 14 MM & Above. The report covers North America (North America, United State and Rest of North America), Europe (United Kingdom, France , Germany, Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. The data tables in these chapters give the market estimates on the basis of all the segments.
The Report Segments Global Bike Lock Market -
- Chain Locks
- Folding Locks
- Cable Locks
- Stainless Steel
By Cable Thickness
- Under 10 MM
- 10 To 11.9 MM
- 12 To 12.9 MM
- 13 To 13.9 MM
- 14 MM & Above
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Kryptonite, ABUS, OnGuard, Blackburn, Master Lock, TiGr, Pitlock, Spybike, Hiplok, LATTIS, Raleigh, Oxford HD, American Lock, JINDIAN, TONYON, TOPDOG, GIANT, ROCKBROS, INBIKE, MIWA, Goal, NHN, Nitto, PLUS.
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