The global demand for Bicycle Components Aftermarket Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020- 2026.
Bicycle components aftermarket is the secondary market for bicycle components including derailleurs, road groupsets, suspensions, wheelsets, brakes, and gears among others. In addition to this, components are available in the market for various types of bicycles including mountain bike, hybrid/cross, road, comfort, youth, cruiser, recumbent/tandem, electric, and folding bicycles.
The growing focus on conserving natural resources along with surging oil prices are boosting the market growth. Rising interest of bicycle riders towards upgrading their bicycles frequently is again stimulating the demand for bicycle components. Along with this, growing Preference for Green Transportation is again accelerating the market value. Moreover, advanced material technology for bicycle components is likely to boost demand over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of bicycle components aftermarket.
The entire bicycle components aftermarket market has been sub-categorized into component type, bicycle type, and sales channel. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Component type
By Bicycle Type
- Road Groupsets
- Wheel Sets
- Caliper Type
By Sales Channel
- Mountain Bike
- Specialty Bicycle Retailers
- Discount Stores
- Department Stores
- Full-line Sporting Goods Stores
- Outdoor Specialty Stores
This section covers regional segmentation which accentuates on current and future demand for bicycle components aftermarket market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Bicycle Components Aftermarket Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the bicycle components aftermarket market include Accell Group N.V. , Atlas Cycles Ltd., Avon Cycles Ltd., Campagnolo S.R.L., Dorel Industries Inc., Giant Bicycles Inc., Hero Cycles Limited, Merida Industry Co., Ltd., Shimano Inc. , Specialized Bicycle Components and SRAM LLC. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.