INDIA BICYCLE MARKET

INTRODUCTION

Bicycle is a vehicle with two wheels in tandem, usually propelled by pedals connected to the rear wheel by a chain, and having handlebars for steering and a saddle like seat.

Bicycles are widely used for transportation, recreation, and sport. Throughout the world, bicycles are essential to moving people and goods in areas where there are few automobiles.

Types of Bicycles:

• Road bikes:Roads.
• Mountain bikes: Off-road.
• Hybrid/commuter bikes: A bit of everything.
• Cyclocross bikes: A bit of everything, but with a road bike feel.
• Folding bikes: Commuting, leisure, or touring for the short-on-space.
• Electric bikes: An electric-assisted bit of everything.
• Touring bikes: designed for carrying loads over longer distances while remaining comfortable for the rider.
• Women’s bikes: All of the above, designed specifically for women.

INDIA BICYCLE MARKETSIZE AND FORECAST

India bicycle market is expected to gain market growth in the forecast period of 2023 to 2030. It is analyzed that the market is growing with the CAGR of XX.X% in the forecast period of 2024 to 2030 and is expected to reach USD XXXX million by 2030. 

INDIA BICYCLE MARKETRECENT DEVELOPMENTS IN INDIA  MARKET

INDIA BICYCLE MARKETRECENT LAUNCH IN INDIA BICYCLE MARKET

Lucifer Bikes debuted their high-end lineup of alloy bikes, which includes a variety of MTB and hybrid options. Using the best-in-class HS 6061 alloy, Lucifer Bikes, a group company of Dlyft India LLP, India's top manufacturer of alloy cycle frames, has created alloy frames with an international aesthetic and aerodynamic designs for all of its cycles.

In order to improve its customers' riding experiences, alloy frames are used. Alloy frames keep the bikes robust and light while increasing durability.

Ninty One Cycles introduced its brand-new 700C bike to India. Numerous features, including a 7-speed EZ fire rear shifter, a hybrid fork for jerk absorption, and a Shimano 7-speed gear set, are included with the 7-speed 700C bike. The Black Arrow has a lightweight tig-welded frame and is fitted with 160 mm disc brakes and high-traction Nylon tyres for rider safety.

Avon Newage Cycles Pvt. Ltd., a new business supported by Avon Cycles Ltd., has introduced Cambio Bikes, a premium bicycle brand, to the market. 

The first non-electric bike in Svitch's exclusive lineup of E-bikes is the Svitch NXE. There are a total of 5 colours available, including Yankee Yellow, Midnight Sapphire, and Scarlet Red.

The newest non-electric Svitch NXE has the following cutting-edge specifications: Foldable Paddles make it handy to transport them everywhere, 20" 3" Fat Tires make it suited for any & every terrain, and Foldable Handle Bar makes it as flexible as anything. Aluminum 6061 makes it featherweight & firm at the same time.

INDIA BICYCLE MARKETCOMPANY PROFILES

1. Avon cycles
2. Hero cycles
3. Giant

THISINDIA BICYCLE MARKETREPORT WILL ANSWER THE FOLLOWING QUESTIONS

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