Global High-End Bicycle Market 2024-2028

Global High-End Bicycle Market 2024-2028

The high-end bicycle market is forecasted to grow by USD 5.03 bn during 2023-2028, accelerating at a CAGR of 6.31% during the forecast period. The report on the high-end bicycle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of e-bikes in developing countries, increasing traffic congestion in urbanized cities globally, and government policies and initiatives promoting bicycles.

Technavio's high-end bicycle market is segmented as below:

By Product

• Hybrid bikes
• Mountain bikes
• Road bikes
• Track bikes
• Other bikes

By Distribution Channel

• Offline
• Online

By Geographical Landscape

• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the increasing concerns regarding health and fitness as one of the prime reasons driving the high-end bicycle market growth during the next few years. Also, an increase in demand for titanium-based bicycles and a growing global trend of track bicycle racing will lead to sizable demand in the market.

The report on the high-end bicycle market covers the following areas:

• High-end bicycle market sizing
• High-end bicycle market forecast
• High-end bicycle market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading high-end bicycle market vendors that include Accell Group NV, BH BIKES Europe SL, Cicli Pinarello Srl, DAHON North America Inc., Dorel Industries Inc., Giant Manufacturing Co. Ltd., Greenwit Technologies Ltd., Grimaldi Industri AB, Kalkhoff Werke GmbH, Klever Mobility Europe GmbH, Kona Bicycle Co., LOOK Cycle International, Marin Mountain Bikes Inc., Merida Industry Co. Ltd., Samchully Co. Ltd., Santa Cruz Bicycles LLC, Specialized Bicycle Components Inc., Storck Bicycle GmbH, Trek Bicycle Corp., and Youngone Corp.. Also, the high-end bicycle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.