October 25, 2020

High-End Bicycle Market- Roadmap for Recovery from COVID-19 | Rapid Growth of E-commerce to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the high-end bicycle market and it is poised to grow by USD 4.20 billion during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by product, which is the leading segment in the market?
  • The hybrid bikes are expected to be the leading segment based on product in the global market during the forecast period.
  • What are the major trends in the market?
  • Smart features in high-end bikes is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of almost 5%, the incremental growth of the market is anticipated to be USD 4.20 billion.
  • Who are the top players in the market?
  • Accell Group NV, Beistegui Hermanos SA, Derby Cycle Holding GmbH, Dorel Industries Inc., F.I.V.E. Bianchi Spa, Giant Manufacturing Co. Ltd., Klever Mobility GmbH, Merida Industry Co. Ltd., Specialized Bicycle Components Inc., and Trek Bicycle Corp. are some of the major market participants.
  • What are the key market drivers?
  • Rapid growth of e-commerce is one of the major factors driving the market.
  • How big is the North America market?
  • The North America region will contribute 32% of market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accell Group NV, Beistegui Hermanos SA, Derby Cycle Holding GmbH, Dorel Industries Inc., F.I.V.E. Bianchi Spa, Giant Manufacturing Co. Ltd., Klever Mobility GmbH, Merida Industry Co. Ltd., Specialized Bicycle Components Inc., and Trek Bicycle Corp. are some of the major market participants. The rapid growth of e-commerce will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

High-End Bicycle Market 2020-2024: Segmentation

High-End Bicycle Market is segmented as below:

  • Distribution Channel
  • Product

    • Hybrid Bikes
    • Mountain Bikes
    • Road Bikes
    • Track Bikes
    • Others
  • Geographic Landscape

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

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40806

High-End Bicycle Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The high-end bicycle market report covers the following areas:

  • High-End Bicycle Market Size
  • High-End Bicycle Market Trends
  • High-End Bicycle Market Analysis

This study identifies the incorporation of smart features in high-end bikes as one of the prime reasons driving the high-end bicycle market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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High-End Bicycle Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist high-end bicycle market growth during the next five years
  • Estimation of the high-end bicycle market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the high-end bicycle market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of high-end bicycle market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Value chain analysis
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024
  • Market outlook

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline – Market size and forecast 2019-2024
  • Online – Market size and forecast 2019-2024
  • Market opportunity by distribution channel

PART 07: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Hybrid bikes – Market size and forecast 2019-2024
  • Mountain bikes – Market size and forecast 2019-2024
  • Road bikes – Market size and forecast 2019-2024
  • Track bikes – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Smart features in high-end bikes
  • Increasing concerns regarding health and fitness
  • Reducing costs of lithium-ion batteries

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Accell Group NV
  • Beistegui Hermanos SA
  • Derby Cycle Holding GmbH
  • Dorel Industries Inc.
  • F.I.V.E. Bianchi Spa
  • Giant Manufacturing Co. Ltd.
  • Klever Mobility GmbH
  • Merida Industry Co. Ltd.
  • Specialized Bicycle Components Inc.
  • Trek Bicycle Corp.

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

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