Global Bicycle Components Market 2024-2030

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    BICYCLE COMPONENTS MARKET

     

    INTRODUCTION

     

    Bicycle, commonly known as a bike, is a two-wheeled directional equipment propelled by the cyclist’s legs. The wheels of such normal bicycles are positioned in tandem inside a metal structure, with front wheels kept in place by a rotating fork.

     

    infographic-Bicycle Components Market, Bicycle Components Market Size, Bicycle Components Market Trends, Bicycle Components Market Forecast, Bicycle Components Market Risks, Bicycle Components Market Report, Bicycle Components Market Share

     

    The operator rests on something like a saddle and directs the bike by bending and rotating handlebars linked to the fork. The feet move pedals that are connected to cranks and a chainwheel. A link looping connects the chainwheel toward a sprocket just on back wheel, which transmits power. 

     

    BICYCLE COMPONENTS MARKET DEVELOPMENTS AND INNOVATIONS

     

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Abu Dhabi declared a ‘Bike City’ and unveils new 109km Loop and velodrome Sheikh Khaled bin Mohamed, member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, has accepted the prestigious “Bike City” label from the Union Cyclists Internationale (UCI). UAE This would enhance better Technological Controls
    2 Hero and Yamaha to start JV for production of Electric Drive units of Cycles HYM Drive Systems, a JV between Hero Motors and Yamaha Motor Co Japan is to expect to start the production of JV soon.  India This would enhance better Technological Controls
    3 Propella 9S Pro launched as lightweight urban electric bike with better parts, more power & speed Propella, located in Redmond, Washington, has only just released the Propella 9S Pro, this same industry’s highest upscale e-bike to date. It draws on the industry’s compact, messaging service e-bike design heritage while also using the greatest possible components we’ve shown on the company’s e-bikes too far. Global This would enhance better Technological Controls
    4 Bosch’s New Smart System Is Transforming the Timeless Bicycle Into Something Else Entirely Bosch finally developed a magneto ignition technology for automobiles, which might prove to be a significant stride forward for the company. Bosch’s technology, which includes technological innovations and equipment, is billed as the optimal solution for an interconnected cycle and passenger experience. Global This would enhance better Technological Controls
    5 Joker and Batbike MTBs ready to ride Gotham city Ed’s Joker bicycle features a 180mm DVO Onyx D1 SC frame as well as a 170mm Jade X coil shocker for excellent downward handling. And all the green that the person would need to stay loyal to the Batman subject’s colours inside the undertaking. The stems as well as seatpost collars give further green accents. Global This would enhance better Technological Controls

     

     

    BICYCLE COMPONENTS MARKET RECENT ACQUISITION

     

    An multinational supplier of bicycle parts named SRAM has revealed the acquisition of Hammerhead, a producer of cycling technology including the Karoo 2 riding computer.

     

    The Karoo product line from Hammerhead will continue to grow as part of the SRAM portfolio of products. The deal was finished by the businesses.

     

    After the cycling GPS computer (the Karoo 2) hit the market and began to appear on the handlebars of many of the world’s top athletes, SRAM recognised enormous potential in Hammerhead. Hammerhead had a 7x increase in revenue in the past year alone, and its community of riders has logged more than a million hours on gravel, pavement, and trails.

     

    SRAM’s extensive line of wireless AXS components are industry innovators that have increased the variety of bikes available, including road, triathlon, mountain, and gravel cycles.

     

    SRAM is also renowned for its wide selection of complementary cycling products, which also includes RockShox suspension, Zipp wheels and handlebars, TIME Sport pedals, TRUVATIV bars and cranks, and Quarq power technology.

     

    In order to ensure that riders can easily interface with a wide range of current hardware and software goods and services, including both Shimano and SRAM electronic shifting, SRAM and Hammerhead will continue to build an innovative cycling technology platform.

     

    BICYCLE COMPONENTS MARKET SIZE AND FORECAST

     

    The Global Bicycle Components Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2029, registering a CAGR of XX% from 2024 to 2030.

     

    RECENT LAUNCH IN BICYCLE COMPONENTS MARKET

     

    Located in lovely Quebec City, Momentum Cycle Tools and Bike Parts is a recent Canadian business. The general public can purchase Momentum Cycle Tools and Bike Parts’ first line of items.

     

    For suspension bearing maintenance, Bearing press kits and Crank were developed, validated, redesigned, and improved over the course of about a year. The section to remove the old bearings, the section to install your new bearings, and the cup make up each package.

     

    With the introduction of their new Bike Protection Series, Muc-Off, the industry pioneers in bicycle and motorcycle maintenance and performance, continues to push the limits of innovation and performance.

     

    The series includes kits available in combined and separate sets, in mountain and e-mountain bike size options, and is meant to protect crucial frame components like rear stays, cranks, and forks. The kits’ modular construction makes them simple to apply and remove, and they fit even the most unusual bike geometries.

     

    They provide a combination of strength and durability to protect frames from potential scratches, scuffs, and stone chips.Six distinct kit formats are available, including “Bolt,” “Camo,” “Day of the Shred,” and “Punk,” which match products from Muc-Technical Off’s clothing and Ride Guard ranges as well as Clear Gloss and Clear Matt options.

     

    BICYCLE COMPONENTS MARKET COMPETITIVE LANDSCAPE

     

    Organizations have begun to recognise the significance of remaining active and living a healthy lifestyle. They have also begun to recognise that frequent riding might help keep problems like obesity at bay. The market is expected to expand as more individuals turn to biking as a regular source of exercise.

     

    People are considering bicycle commuting over short distances to save time due to increasing traffic congestion and a lack of parking space, particularly in urban centres. 

     

    Hero Cycles Inc. is a leading mobiliser of the Mountain and multiple energy-based bicycles in the market. It is part of the much-needed development focus on environmental compliance at various stages of operations. E-bikes, but at the other hand, are a fast-growing international trend these days of electric cars.

     

    Electric bicycles are a modified form of conventional bicycles that are equipped with an electric motor that allows for both powered and mechanical cycling. This enables riders to go great distances one bicycles even while making challenges such as an uphill roadway or perhaps a headwinds much more manageable. 

     

    Bike Ark is part of the component manufacture trending companies in the current industry. The Bike Ark is indeed an Indian bicycle manufacturer with a wide range of models ranging from fixies to hybrids. The Yolo from Bike Ark is constructed entirely of 6061 Alloy.

     

    The Yolo is Bike Ark’s first foray into the alloy bike market. The design of the frame is typical, with a straight top tube, ensuring a pleasant and relaxed riding posture. These tubes have been welded smoothly, and the whole frame has been constructed in such a way that it absorbs vibrations from the surfaces, reducing rider stress.

     

    BICYCLE COMPONENTS MARKET COMPANIES PROFILED

     

     

    THIS BICYCLE COMPONENTS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average selling price in the Global Bicycle Components Market right now and how will it change in the next 5-6 years? 
    2. Market share of Global Bicycle Components Market manufacturers and their upcoming products.
    3. Cost advantage for OEMs who manufacturers Global Bicycle Components Market  in-house
    4. 5 key predictions for the next 5 years in the Global Bicycle Components Market.
    5. Latest trends in Global Bicycle Components Market, by every market segment
    6. The market size (both volume and value) of Global Bicycle Components Market in 2024-2030 and every year in between
    7. Global production breakup of Global Bicycle Components Market, by suppliers and their OEM relationship.
    8. What is happening overall in the Global Bicycle Components Market.
    9. Who are the major players in the Global Bicycle Components Market?
    10. What are the business opportunities in the Global Bicycle Components Market?
    11. What is the target group ?
    12. What are the strategies for the Global Bicycle Components Market in the next 5 years?

     

    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, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    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, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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