FINLAND BICYCLE MARKET

 

INTRODUCTION

 

Cycling helps to conserve resources that would otherwise be used to power other modes of transportation. Bicycling also does not require a licence, making it a healthy, affordable, and accessible means of transportation for everyone.

 

 

Bicycle sales will be boosted by increased traffic congestion and urbanisation. Bicycle makers will see new opportunities as demand for faster and cleaner ways of transportation continues to grow. Bicycles as a mode of transportation have already acquired popularity as an environmentally friendly mode of transportation.

 

FINLAND BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

S No	Overview of Development	Development Detailing	Region of Development	Possible Future Outcomes
1	Finland’s e-bike sales spike expected to continue in 2021	While the cost of battery-powered bicycles is still exorbitant for many people, increased sales may help to reduce costs.	Finland	This would enhance better Technological Controls
2	Finland leads the field when it comes to winter cycling	Even in below-freezing temperatures, progressive policies encourage people to ride their bikes.	Finland	This would enhance better Technological Controls
3	Coronavirus pandemic saw bicycle traffic decrease in Finnish cities	The COVID-19 PANDEMIC has resulted in a reduction in bicycle traffic in Finland’s major cities.	Finland	This would enhance better Technological Controls
4	Bike riding courses offer Finland’s immigrants new freedom	Bicycling is popular in the Nordic country, with more than half of the population in the capital riding at least once a week.	Finland	This would enhance better Technological Controls

 

COMPETITIVE LANDSCAPE

 

E-bikes have becoming more popular in nations such as China and Japan, in addition to Europe. Health benefits, traffic congestion avoidance, environmental benefits, and a surge in demand for e-bikes as sports equipment are some of the key factors considered for adopting and driving e-bikes around the world.

 

Furthermore, key manufacturers such as Accell Group and Giant Manufacturing Co. are working on improving their products as a result of ongoing technical breakthroughs. 

 

Ecotric is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The 26″ beach snow fat e-bike is a combination of a pedal-assist and throttle mode electric bike.

 

The lightweight and high strength of a classic aluminium triangular geometry frame is ensured. Furthermore, a powerful 500W motor, backed by a 12AH lithium battery with a huge capacity, allowing users to cycle at high speeds and for long periods. Shimano 7-speed system and 4″ fat tyre

 

Giant Bicycles is a leading mobiliser of the various explorer oriented manufacturer requirements in the market. The ideal mix of road bike speed and city bike functionality. This new flat-bar road bike, which is built on a lightweight ALUXX SL aluminium frameset, puts the rider in a comfortable, smooth, and efficient position.

 

On extended rides, the D-Fuse seatpost smooths out uneven roads, while the ergo bar ends keep your hands comfy. The fast-rolling wheels are tubeless ready and can accommodate high-volume tyres up to 32c, giving you a smoother ride, more grip, and fewer flat tyres.

 

COMPANIES PROFILED

• Accell Group
• Atlas Cycles (Haryana) Ltd.
• Avon Cycles Ltd.
• Cervelo
• Dorel Industries Inc.
• Giant Bicycles
• Merida Industry Co., Ltd.
• Specialized Bicycle Components, Inc.
• SCOTT Sports SA
• Trek Bicycle Corporation