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 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

 

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?