Global Bicycle Locks Market Growth 2023-2029

Global Bicycle Locks Market Growth 2023-2029

A bicycle lock is a security device used to deter bicycle theft, generally by fastening the bicycle to a fixed object, e.g., a bike rack.

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

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

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

The global Bicycle Locks market size is projected to grow from US$ 587.7 million in 2022 to US$ 749.1 million in 2029; it is expected to grow at a CAGR of 749.1 from 2023 to 2029.

Europe is the largest bike locks market with about 43% market share. North America is follower, accounting for about 32% market share.

The key players are Blackburn Design, Allegion, ABUS, etc. Top 3 companies occupied about 20% market share.In terms of product, U-lock is the largest segment, with a share over 55%. And in terms of application, the largest application is OEM, followed by aftermarket.

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

Market Segmentation:

Segmentation by type
U-locks
Chain Locks
Folding Locks
Cable Locks
Others

Segmentation by application
OEM
Aftermarket

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.
Blackburn Design
Allegion
ABUS
OnGuard Locks
TiGr lock
Knog
Master Lock
Seatylock
Litelok
GIANT
Tonyon
Hiplok DX
Oxford Products

Key Questions Addressed in this Report

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

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

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

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

How does Bicycle Locks 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.