Global High-End Bicycle Market Growth 2023-2029

Global High-End Bicycle Market Growth 2023-2029

A bicycle, also called a cycle or bike, is a human-powered, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. A bicycle rider is called a cyclist, or bicyclist.

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

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

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

The global High-End Bicycle market size is projected to grow from US$ 17710 million in 2022 to US$ 24170 million in 2029; it is expected to grow at a CAGR of 24170 from 2023 to 2029.

The government policies and initiatives promoting bicycles is one of the major factors that will have a positive impact on the growth of the market. Governments of several nations are promoting bicycles as a substitute for transportation. Governments in many parts of the world are increasingly investing in better infrastructural facilities to boost cycling. Moreover, many regions such as Netherlands, Germany, and the UK are also implementing their own bicycle master plans with designated cycling lanes. Government regulations have also resulted in corporate entities incorporating sustainability into their business operations. Multinational companies such as Apple, Facebook, and Microsoft encourage their employees to cycle to work and there are several corporate campuses that are designed to be bike-friendly with bike fleets, parking lots, lockers, showers, and safe roads. These initiatives will drive the demand for high-end bicycles during the forecast period.

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

Market Segmentation:

Segmentation by type
Hybrid Bikes
Mountain Bikes
Road Bikes
Track Bikes

Segmentation by application
Specialty Bicycle
Sporting Goods Retailers
Department Stores and Hypermarkets

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.
Derby Cycle
Giant Bicycle
MERIDA
Specialized Bicycle Components
Trek Bicycle
DAHON
Marin Bikes
Pacific Cycles
Samchuly Bicycle
SCOTT Sports
XDS BICYCLES

Key Questions Addressed in this Report

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

What factors are driving High-End Bicycle market growth, globally and by region?

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

How do High-End Bicycle market opportunities vary by end market size?

How does High-End Bicycle 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.