India Bicycle Market 2022-2027

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    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.

     

    infographic-India Bicycle Market, India Bicycle Market Size, India Bicycle Market Trends, India Bicycle Market Forecast, India Bicycle Market risks, India Bicycle Market Report, India Bicycle Market Share

     

    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 MARKET SIZE AND FORECAST

     

    India bicycle market is expected to gain market growth in the forecast period of 2020 to 2027. It is analyzed that the market is growing with the CAGR of XX.X% in the forecast period of 2020 to 2027 and is expected to reach USD XXXX million by 2027

     

    RECENT DEVELOPMENTS IN INDIA  MARKET

     

    Sl No. Company Year Development
    1. Avon Cycles Jun

    2021

    Electric mobility startup DAO EV Tech partnered with Avon for sourcing, manufacturing parts
    2. Hero Cycles Oct

    2021

    Hero Motors, Yamaha Form JV  Produced E-Cycle Drive Motors
    3. Hero Cycles Oct 

    2021

    Hero Motors, Yamaha Motor Join Hands and Manufactured E-Cycle Drive Units
    4. Giant  Jan

    2022

    Giant Bicycle Recalled Bicycles Due to Fall and Injury Hazards

     

    RECENT 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.

     

    COMPANY PROFILES

     

    1. Avon cycles
    2. Hero cycles
    3. Giant

     

    THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

     

    1. What is the average selling price of the India Bicycle Market right now and how will it change in the next 5-6 years? 
    2. Market share of  India Bicycle Market market and their upcoming products
    3. The cost advantage for OEMs who manufacture India Bicycle Market in-house
    4. 5 key predictions for the next 5 years in India Bicycle Market latest trends in  India Bicycle Market, by every market segment
    5. The market size (both volume and value) of the India Bicycle Market in 2022-2027 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?

     

    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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