Global Bicycle Brakes Market Growth 2023-2029

Global Bicycle Brakes Market Growth 2023-2029

A bicycle brake reduces the speed of a bicycle or prevents it from moving. The three main types are: rim brakes, disc brakes, and drum brakes.

Most bicycle brake systems consist of three main components: a mechanism for the rider to apply the brakes, such as brake levers or pedals; a mechanism for transmitting that signal, such as Bowden cables, hydraulic hoses, rods, or the bicycle chain; and the brake mechanism itself, a caliper or drum, to press two or more surfaces together in order to convert, via friction, kinetic energy of the bike and rider into thermal energy to be dissipated.

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

This Insight Report provides a comprehensive analysis of the global Bicycle Brakes 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 Brakes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bicycle Brakes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bicycle Brakes 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 Brakes.

The global Bicycle Brakes market size is projected to grow from US$ 730.6 million in 2022 to US$ 1086.3 million in 2029; it is expected to grow at a CAGR of 1086.3 from 2023 to 2029.

Global key players of bicycle brakes include Shimano, TEKTRO, Magura, etc. Asia-Pacific is the largest producer of bicycle brakes, holds a share about 50%, followed by North America, and Europe. In terms of product, disc brakes is the largest segment, with a share over 40%. And in terms of application, the largest segment is mountain bicycles, with a share over 35%.

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

Market Segmentation:

Segmentation by type
Disc Brakes
Rim Brakes
Drum Brakes

Segmentation by application
Mountain Bicycles
Road Bicycles
Others

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.
Shimano
TEKTRO
Magura
Campagnolo
SRAM
Promax Components
Hayes Performance Systems
APSE Group
Bengal
Clarks Cycle Systems
Hope Tech
Full Speed Ahead (FSA)
Formula
Alligator
Cane Creek
ORIGIN8

Key Questions Addressed in this Report

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

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

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

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

How does Bicycle Brakes 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.