Global Hybrid Bicycles Market 2021-2025

Global Hybrid Bicycles Market 2021-2025

Technavio has been monitoring the hybrid bicycles market and it is poised to grow by $ 1.31 bn during 2021-2025, progressing at a CAGR of 4.79% during the forecast period. Our report on the hybrid bicycles 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rapid development in cycling infrastructure and rise in government initiatives promoting cycling. In addition, rapid development in cycling infrastructure is anticipated to boost the growth of the market as well.

The hybrid bicycles market analysis includes the distribution channel segment and geographic landscape.

Technavio's hybrid bicycles market is segmented as below:

By Distribution Channel

• Offline
• Online

By Geographical Landscape

• APAC
• Europe
• North America
• South America
• MEA

This study identifies the growing prominence of biking as an outdoor recreational activityas one of the prime reasons driving the hybrid bicycles market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on hybrid bicycles market covers the following areas:

• Hybrid bicycles market sizing
• Hybrid bicycles market forecast
• Hybrid bicycles market industry analysis

Technavio's 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 hybrid bicycles market vendors that include Accell Group NV, Firefox Bikes, Fuji Bikes, Giant Manufacturing Co. Ltd., Halfords Group plc, MONTRA, Raleigh America, SCOTT Sports SA, Specialized Bicycle Components Inc., and Tata International Ltd. Also, the hybrid bicycles 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.

Technavio presents a detailed picture of the market by the 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. Technavio's 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.

Companies Mentioned

Accell Group NV, Firefox Bikes, Fuji Bikes, Giant Manufacturing Co. Ltd., Halfords Group plc, MONTRA, Raleigh America, SCOTT Sports SA, Specialized Bicycle Components Inc., Tata International Ltd.