Global Bicycle Bearings Market Growth 2023-2029

Global Bicycle Bearings Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Bicycle Bearings Industry Forecast” looks at past sales and reviews total world Bicycle Bearings sales in 2022, providing a comprehensive analysis by region and market sector of projected Bicycle Bearings sales for 2023 through 2029. With Bicycle Bearings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bicycle Bearings industry.

This Insight Report provides a comprehensive analysis of the global Bicycle Bearings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bicycle Bearings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bicycle Bearings market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bicycle Bearings and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bicycle Bearings.

The global Bicycle Bearings market size is projected to grow from US$ 1409.7 million in 2022 to US$ 2596.6 million in 2029; it is expected to grow at a CAGR of 2596.6 from 2023 to 2029.

Global key players of Bicycle Bearings include SKF, Schaeffler, NSK, JTEKT and JTEKT etc. The top five players hold a share over 19%. In terms of type, Deep Groove Ball Bearings shares over 43% of the market, while Angular Contact Ball Bearings shares 22%. In terms of application, Ordinary Bicycles accounts for the largest proportion, close to 35%, followed by Mountain Bicycles, accounting for 25%. China is now the world's largest consumer market with a 35% share, followed by the European Union with 23% and India with 20%.

This report presents a comprehensive overview, market shares, and growth opportunities of Bicycle Bearings market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Deep Groove Ball Bearings
Loose Ball Bearings
Angular Contact Ball Bearings
Others

Segmentation by application
Ordinary Bicycles
Mountain Bicycles
Road Bicycles
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NSK
SKF
Schaeffler
JTEKT
NTN
Enduro Bearings
Boca Bearings
Kitanihon Seiki
Kogel Bearing
NBC Bearings
Harbin Bearing
Wafangdian Bearing
LYC Bearing
C&U Company
Zhejiang Tianma Bearing
FUDA Bearing
Hope Industrial
Bote Bearing

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bicycle Bearings market?

What factors are driving Bicycle Bearings market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bicycle Bearings market opportunities vary by end market size?

How does Bicycle Bearings break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.