Indonesia Bicycle Market 2024-2030

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    INDONESIA BICYCLE MARKET

     

    INTRODUCTION

     

    The Indonesia bicycle market is expanding due to the widespread use of e-bikes, smart bicycles, and expensive bicycles. Some of the main considerations for adopting and using e-bikes include the health benefits, reduced traffic congestion, and increase in demand for e-bikes as sporting equipment.

     

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    Additionally, recent developments in GPS and mobile app development have led to dock less bicycle sharing programmes that are app-based. Furthermore, it is projected that the widespread use of such dock less bicycle-sharing systems will greatly increase demand for bicycles.

     

    INDONESIA BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Indonesian designer’s wheels behind bamboo bike bromance between Jokowi, Albanese During their meeting, Australian Prime Minister Anthony Albanese and Indonesian President Joko Widodo spoke while riding bicycles. Indonesia This would enhance better Technological Controls
    2 Anthony Albanese and Joko Widodo gear up for challenging times As a tangible threat looms over their common territory, the new Australian PM let the Indonesian leader set the pace. Indonesia This would enhance better Technological Controls
    3 Indonesian pilgrim cycles to Saudi Arabia for Hajj As a tangible threat looms over their common territory, the new Australian PM let the Indonesian leader set the pace. Indonesia This would enhance better Technological Controls
    4 Bicycle Price Drops up to 30 Percent in Indonesia due to Oversupply In reaction to the Covid-19 outbreak, bicycle prices, particularly those of foldable bikes, are dramatically down when compared to previous year. Indonesia This would enhance better Technological Controls

     

    INDONESIA BICYCLE MARKET COMPETITIVE LANDSCAPE

     

    To promote consumer safety and prevent accidents and injuries, developing economies are aiming to create a bicycle-friendly environment with suitable and safe cycling routes. In countries with larger populations, such India, Indonesia, and Brazil, authorities construct very few specifically designated bike pathways.

     

    Another significant barrier to bike sales is the higher initial cost of electric cycles. In Central America, the Caribbean, Africa, and Asia Pacific, the majority of the middle-class people earns a meagre salary.

     

    Polygon Indonesia is a leading mobiliser of the various explorer manufacturer requirements in the market. The latest model has been designed with current geometry to be a top-performing XC trail machine.

     

    This bike will keep you moving effortlessly and stylishly from cross-country to challenging tracks thanks to its incredibly light and sturdy carbon frame built around 27.5″ and 29″ wheels.

     

    With a 1x drivetrain, you can concentrate on your ride rather than continually changing gears. It comes with an adjustable, quick suspension system and strong brakes that can handle any extreme use.

     

    Giant is a leading mobiliser of the various explorer manufacturer requirements in the market. The Maestro’s rear suspension was created and tested in the gruelling Enduro World Series competitions.

     

    The top rocker arm made of Advanced Forged Composite provides stiffness while reducing the weight of the entire frame. The trunnion mount shock has a longer stroke and a smoother feel.

     

    Users may confidently ride aggressive descents and rail curves thanks to the specifically designed composite frameset. A 170mm fork with a 44mm offset and head and seattube angles that are tailored for enduro riding deliver assured front-end handling.

     

    INDONESIA BICYCLE MARKET COMPANIES PROFILED

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