Belgium Bicycle Market 2022-2027

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    BELGIUM BICYCLE MARKET

     

    INTRODUCTION

     

    People are beginning to understand the importance of remaining fit and living a healthy lifestyle. They have also realised that bicycling on a daily basis can help prevent diseases like obesity.

     

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    As more individuals turn to biking as a regular method of exercise, the market is expected to expand. Furthermore, recent advances in mobile app development and GPS have led in app-based dock less bicycle-sharing systems. Furthermore, the growing popularity of dock less bicycle-sharing systems is expected to considerably increase demand for bicycles.

     

    BELGIUM BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 VAT on bicycles will not be reduced In a reaction, State Secretary for Budget Eva De Bleeker (Open VLD) emphasised. Belgium This would enhance better Technological Controls
    2 Belgium launches country-wide bicycle plan Belgium’s federal government is announcing the country’s first-ever bicycle plan, with the goal of expanding cycling across the country. Belgium This would enhance better Technological Controls
    3 Belgium welcomes more bicycles onto their trains On all new Belgian trains, a preliminary law proposes to create specific areas for the carrying of at least eight bicycles. Belgium This would enhance better Technological Controls
    4 Belgium auto giant launches ‘Lucien’, a 9 store bike shop chain The company is focusing on refining its concept after announcing its debut into bicycle retail. Belgium This would enhance better Technological Controls

     

    COMPETITIVE LANDSCAPE

     

    The uptick in the number of people choosing biking as a leisure activity is expected to drive market growth. Bicycles are projected to grow in popularity as a practical method of exercise for maintaining a healthy lifestyle free of obesity and other diseases.

     

    Dock less bicycle-sharing systems have recently grown in popularity. This device allows users to locate a nearby bicycle and electronically unlock it.

     

    Eddy Merdix is a leading mobiliser of the various explorer oriented bicycles manufacturer requirements in the market. The Eddy Merckx creates race bikes for cyclists who dare to take risks. The newest Corsa steel frame collection is Eddy Merckx’s new crown jewel. Its weight, aerodynamics, and comfort will all be balanced in the 525.

     

    TIG welded Columbus Spirit HSS and Life butted tubing make up this frame. The Spirit HSS tubes are extremely light (wall thickness as low as 0.38 mm) while maintaining excellent rigidity.

     

    Ridley Bikes is a leading mobiliser of the bicycles manufacturer requirements in the market. The Kanzo Adventure is a gravel bike designed for true adventurers. The Kanzo Adventure’s geometry is progressive.

     

    The geometry on this gravel bike seems to have been Kanzo Optimized Geometry (KOG), which means it has been tailored to the bike’s intended function.

     

    The geometry of the Kanzo Adventure is comparable to that of a mountain bike. A steeper seat tube angle, a lower bottom bracket, a longer wheelbase, and a slacker head tube angle are all benefits of a longer wheelbase.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

     

     

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