BMX Bike Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of BMX Bike Market
The BMX bike market size was valued at USD 316.8 million in 2023, and the market is now projected to grow from USD 330.6 million in 2024 to USD 493.5 million by 2032, exhibiting a CAGR of 5.1% during the forecast period of 2024-2032.
The COVID-19 pandemic to begin with dampened call for inside the global BMX motorbike marketplace due to lockdowns and constrained outside activities. However, a surge in interest in out of doors exercise and person sports led to a market resurgence. The pandemic also accelerated the shift towards e-commerce for motorbike purchases, changing marketplace dynamics. Despite fluctuations, the marketplace is anticipated to stabilize as the state of affairs evolves. Overall, the pandemic had a blended impact, to start with bad however later positive for the BMX bike market.
The increase in biking as a recreational and fitness pastime is using call for BMX motorcycles. Recognized as a low-impact workout with several blessings, cycling complements persistence, cardiovascular health, muscle electricity, and decreases stress. The improvement of cycling infrastructure further helps this trend. Social media structures like Instagram, YouTube, and TikTok have boosted attention of BMX culture, showcasing tricks, competitions, and lifestyle content material, sparking interest among enthusiasts. This on-line exposure promotes BMX biking as a method of adventure, self-expression, and community engagement.
The upward fashion in enhancing cycling infrastructure and the boom in BMX racing tracks globally are riding marketplace boom. Enhanced infrastructure encourages extra people to absorb biking, contributing to the enlargement of the BMX motorcycle marketplace. The improvement of devoted BMX tracks supports aggressive and recreational biking sports. This international cognizance on biking infrastructure boosts market dynamics, fostering extra participation in BMX cycling. As an end result, the market is experiencing huge growth.
Comprehensive Analysis of BMX Bike Market
The BMX bike market growth is rising at an exponential rate due to its market segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by application analysis, by distribution channel analysis, by top tube length analysis, by category analysis. By application analysis include, sports, fitness and others. By distribution channel analysis include, offline and online. By top tube length analysis include, less than 18 inches, 18-20 inches, 20-22 inches and 22 inches & above.
The North America region lead the BMX bike market share by benefitting a market size of USD 124.5 million in 2023 due to the large consumer spending for outdoor recreational activities such as paddle cycling, surfing, bike riding, and others. The top players in the market play an important role in the industry assuring market expansion and setting market level. These players include Elite BMX (U.S.), Fitbikeco (U.S.), G.T., Bicycle (U.S.), Haro Bicycle Corporation (U.S.), KINK BMX (U.S.), Mafiabike (U.K.), Pacific Cycle, Inc. (U.S.), Redline Bicycles (U.S.), Stolen BMX (U.S.), Sunday Bikes (U.S.), these market players provide a level-playing competitive landscape.
In February 2022, Olve Skateboards announced the release of its first electric powered motorcycle, “Project BMX,” in New Zealand by April 2024, providing a 24-inch design, Skyway Tuff wheels, a 60km variety, and a 36km/h pinnacle speed.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.1% over 2024 to 2032
Unit Value (USD Million)
Segmentation By Application
Sport
Fitness
Others
By Distribution Channel
Online
Offline
By Top Tube Length
Less than 18 Inches
18 - 20 Inches
20 - 22 Inches
22 Inches & Above
By Category
Street
Dirt
By Geography
North America (By Application, By Distribution Channel, By Top Tube Length, By Category, and By Country)
- U.S. (By Application)
- Canada (By Application)
- Mexico (By Application)
Europe (By Application, By Distribution Channel, By Top Tube Length, By Category, and By Country)
- U.K. (By Application )
- Germany (By Application )
- France (By Application )
- Rest of Europe (By Application )
Asia Pacific (By Application, By Distribution Channel, By Top Tube Length, By Category, and By Country)
- Japan (By Application )
- China (By Application )
- India (By Application )
- Rest of Asia Pacific (By Application )
Rest of the World (By Application, By Distribution Channel, By Top Tube Length, By Category, and By Country)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
- 4.2. Latest technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
- 4.5. Quantitative Insights - Impact of COVID-19 Pandemic on Global Process Spectroscopy Market
- 5. Global Process Spectroscopy Market Analysis, Insights and Forecast, 2019-2030
- 5.1. Key Findings / Definition
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Infrared (IR) Spectroscopy
- 5.2.2. Ultraviolet-Visible (UV/Vis) Spectroscopy
- 5.2.3. Raman Spectroscopy
- 5.2.4. X-ray Spectroscopy
- 5.2.5. Nuclear Magnetic Resonance (NMR) Spectroscopy
- 5.3. Market Analysis, Insights and Forecast – By Technology
- 5.3.1. Atomic Absorption Spectroscopy (AAS)
- 5.3.2. Atomic Emission Spectroscopy (AES)
- 5.3.3. Atomic Fluorescence Spectroscopy (AFS)
- 5.4. Market Analysis, Insights and Forecast – By End-User
- 5.4.1. Food & beverages
- 5.4.2. Agriculture
- 5.4.3. Healthcare
- 5.4.4. Manufacturing
- 5.4.5. Oil & gas
- 5.4.6. Chemical
- 5.4.7. Others
- 5.5. Market Analysis, Insights and Forecast – By Component
- 5.5.1. Hardware
- 5.5.2. Software
- 5.6. Market Analysis, Insights and Forecast – By Region
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia-pacific
- 5.6.4. Rest of the World
- 6. North America Process Spectroscopy Market Analysis, Insights and Forecast, 2019-2030
- 6.1. Market Analysis, Insights and Forecast – By Type
- 6.1.1. Infrared (IR) Spectroscopy
- 6.1.2. Ultraviolet-Visible (UV/Vis) Spectroscopy
- 6.1.3. Raman Spectroscopy
- 6.1.4. X-ray Spectroscopy
- 6.1.5. Nuclear Magnetic Resonance (NMR) Spectroscopy
- 6.2. Market Analysis, Insights and Forecast – By Technology
- 6.2.1. Atomic Absorption Spectroscopy (AAS)
- 6.2.2. Atomic Emission Spectroscopy (AES)
- 6.2.3. Atomic Fluorescence Spectroscopy (AFS)
- 6.3. Market Analysis, Insights and Forecast – By End-User
- 6.3.1. Food & beverages
- 6.3.2. Agriculture
- 6.3.3. Healthcare
- 6.3.4. Manufacturing
- 6.3.5. Oil & gas
- 6.3.6. Chemical
- 6.3.7. Others
- 6.4. Market Analysis, Insights and Forecast – By Component
- 6.4.1. Hardware
- 6.4.2. Software
- 6.5. Market Analysis – By Country
- 6.5.1. The U.S. (By Type)
- 6.5.2. Canada (By Type)
- 7. Europe Process Spectroscopy Market Analysis, Insights and Forecast, 2019-2030
- 7.1. Market Analysis, Insights and Forecast – By Type
- 7.1.1. Infrared (IR) Spectroscopy
- 7.1.2. Ultraviolet-Visible (UV/Vis) Spectroscopy
- 7.1.3. Raman Spectroscopy
- 7.1.4. X-ray Spectroscopy
- 7.1.5. Nuclear Magnetic Resonance (NMR) Spectroscopy
- 7.2. Market Analysis, Insights and Forecast – By Technology
- 7.2.1. Atomic Absorption Spectroscopy (AAS)
- 7.2.2. Atomic Emission Spectroscopy (AES)
- 7.2.3. Atomic Fluorescence Spectroscopy (AFS)
- 7.3. Market Analysis, Insights and Forecast – By End-User
- 7.3.1. Food & beverages
- 7.3.2. Agriculture
- 7.3.3. Healthcare
- 7.3.4. Manufacturing
- 7.3.5. Oil & gas
- 7.3.6. Chemical
- 7.3.7. Others
- 7.4. Market Analysis, Insights and Forecast – By Component
- 7.4.1. Hardware
- 7.4.2. Software
- 7.5. Market Analysis – By Country
- 7.5.1. U.K (By Type)
- 7.5.2. Germany (By Type)
- 7.5.3. France (By Type)
- 7.5.4. Russia (By Type)
- 7.5.5. Rest of Europe (By Type)
- 8. Asia Pacific Process Spectroscopy Market Analysis, Insights and Forecast, 2019-2030
- 8.1. Market Analysis, Insights and Forecast – By Type
- 8.1.1. Infrared (IR) Spectroscopy
- 8.1.2. Ultraviolet-Visible (UV/Vis) Spectroscopy
- 8.1.3. Raman Spectroscopy
- 8.1.4. X-ray Spectroscopy
- 8.1.5. Nuclear Magnetic Resonance (NMR) Spectroscopy
- 8.2. Market Analysis, Insights and Forecast – By Technology
- 8.2.1. Atomic Absorption Spectroscopy (AAS)
- 8.2.2. Atomic Emission Spectroscopy (AES)
- 8.2.3. Atomic Fluorescence Spectroscopy (AFS)
- 8.3. Market Analysis, Insights and Forecast – By End-User
- 8.3.1. Food & beverages
- 8.3.2. Agriculture
- 8.3.3. Healthcare
- 8.3.4. Manufacturing
- 8.3.5. Oil & gas
- 8.3.6. Chemical
- 8.3.7. Others
- 8.4. Market Analysis, Insights and Forecast – By Component
- 8.4.1. Hardware
- 8.4.2. Software
- 8.5. Market Analysis – By Country
- 8.5.1. China (By Type)
- 8.5.2. India (By Type)
- 8.5.3. Japan (By Type)
- 8.5.4. South Korea (By Type)
- 8.5.5. Rest of Asia Pacific (By Type)
- 9. Rest of the World Process Spectroscopy Market Analysis, Insights and Forecast, 2019-2030
- 9.1. Market Analysis, Insights and Forecast – By Type
- 9.1.1. Infrared (IR) Spectroscopy
- 9.1.2. Ultraviolet-Visible (UV/Vis) Spectroscopy
- 9.1.3. Raman Spectroscopy
- 9.1.4. X-ray Spectroscopy
- 9.1.5. Nuclear Magnetic Resonance (NMR) Spectroscopy
- 9.2. Market Analysis, Insights and Forecast – By Technology
- 9.2.1. Atomic Absorption Spectroscopy (AAS)
- 9.2.2. Atomic Emission Spectroscopy (AES)
- 9.2.3. Atomic Fluorescence Spectroscopy (AFS)
- 9.3. Market Analysis, Insights and Forecast – By End-User
- 9.3.1. Food & beverages
- 9.3.2. Agriculture
- 9.3.3. Healthcare
- 9.3.4. Manufacturing
- 9.3.5. Oil & gas
- 9.3.6. Chemical
- 9.3.7. Others
- 9.4. Market Analysis, Insights and Forecast – By Component
- 9.4.1. Hardware
- 9.4.2. Software
- 9.5. Market Analysis – By Sub-Region
- 9.5.1. Latin America (By Type)
- 9.5.2. Middle East & Africa (By Type)
- 10. Competitive Analysis
- 10.1. Global Market Rank Analysis (2022)
- 10.2. Competition Dashboard
- 11. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability)
- 11.1. Agilent Technologies Inc (The U.S.)
- 11.1.1. Overview,
- 11.1.2. Products & services,
- 11.1.3. SWOT analysis,
- 11.1.4. Recent developments,
- 11.1.5. strategies,
- 11.1.6. financials (based on availability)
- 11.2. ABB (Switzerland)
- 11.2.1. Overview,
- 11.2.2. Products & services,
- 11.2.3. SWOT analysis,
- 11.2.4. Recent developments,
- 11.2.5. strategies,
- 11.2.6. financials (based on availability)
- 11.3. BUCHI Labortechnik AG (Switzerland)
- 11.3.1. Overview,
- 11.3.2. Products & services,
- 11.3.3. SWOT analysis,
- 11.3.4. Recent developments,
- 11.3.5. strategies,
- 11.3.6. financials (based on availability)
- 11.4. Bruker Corporation (The U.S.)
- 11.4.1. Overview,
- 11.4.2. Products & services,
- 11.4.3. SWOT analysis,
- 11.4.4. Recent developments,
- 11.4.5. strategies,
- 11.4.6. financials (based on availability)
- 11.5. Danaher Corporation (The U.S.)
- 11.5.1. Overview,
- 11.5.2. Products & services,
- 11.5.3. SWOT analysis,
- 11.5.4. Recent developments,
- 11.5.5. strategies,
- 11.5.6. financials (based on availability)
- 11.6. Foss A/S (Denmark)
- 11.6.1. Overview,
- 11.6.2. Products & services,
- 11.6.3. SWOT analysis,
- 11.6.4. Recent developments,
- 11.6.5. strategies,
- 11.6.6. financials (based on availability)
- 11.7. HORIBA, Ltd. (Japan)
- 11.7.1. Overview,
- 11.7.2. Products & services,
- 11.7.3. SWOT analysis,
- 11.7.4. Recent developments,
- 11.7.5. strategies,
- 11.7.6. financials (based on availability)
- 11.8. Kett Electric Laboratory (Japan)
- 11.8.1. Overview,
- 11.8.2. Products & services,
- 11.8.3. SWOT analysis,
- 11.8.4. Recent developments,
- 11.8.5. strategies,
- 11.8.6. financials (based on availability)
- 11.9. Shimadzu Corporation (Japan)
- 11.9.1. Overview,
- 11.9.2. Products & services,
- 11.9.3. SWOT analysis,
- 11.9.4. Recent developments,
- 11.9.5. strategies,
- 11.9.6. financials (based on availability)
- 11.10. Sartorius AG (Germany)
- 11.10.1. Overview,
- 11.10.2. Products & services,
- 11.10.3. SWOT analysis,
- 11.10.4. Recent developments,
- 11.10.5. strategies,
- 11.10.6. financials (based on availability)
- 11.11. Thermo Fisher Scientific Inc. (The U.S.)
- 11.11.1. Overview,
- 11.11.2. Products & services,
- 11.11.3. SWOT analysis,
- 11.11.4. Recent developments,
- 11.11.5. strategies,
- 11.11.6. financials (based on availability)
- 11.12. Yokogawa Electric Corporation (Japan)
- 11.12.1. Overview,
- 11.12.2. Products & services,
- 11.12.3. SWOT analysis,
- 11.12.4. Recent developments,
- 11.12.5. strategies,
- 11.12.6. financials (based on availability)
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