Malaysia Bicycle Market 2022-2027

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    MALAYSIA BICYCLE MARKET

     

    INTRODUCTION

    The region’s consumption for bicycles is projected to increase as a result of factors like the rise in women’s participation rates and government efforts. Due to this rising demand, bicycle manufacturers are releasing cutting-edge bicycles and accessories.

     

    infographic: Malaysia Bicycle Market, Malaysia Bicycle Market Size, Malaysia Bicycle Market Trends, Malaysia Bicycle Market Forecast, Malaysia Bicycle Market Risks, Malaysia Bicycle Market Report, Malaysia Bicycle Market Share

     

    The market for both general and sports bicycles is anticipated to increase due to an expanding base of bicycle applications in recreational and trekking activities as well as an increase in cycling events.

     

    It is anticipated that rising media attention to such events and the increasing power of celebrity endorsement would further propel industry expansion. ​

     

    MALAYSIA BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Youths riding illegally modified bicycles a threat to road safety in Malaysia People competing on basikal lajak frequently try to adopt the “Superman pose,” which enables them to be more aerodynamic. Malaysia This would enhance better Technological Controls
    2 Bike Commute KL: cycling to combat climate change Even for only one day, switching from vehicles to bicycles can benefit the environment. Malaysia This would enhance better Technological Controls
    3 New rules for micro-mobility vehicles in Malaysia soon According to the government, a bylaw to regulate micro mobility cars is in the works. Malaysia This would enhance better Technological Controls
    4 E-scooters and mopeds banned on Malaysian roads According to the ministry of transportation, some micromobility vehicles cannot be driven on public highways. Malaysia This would enhance better Technological Controls

     

    COMPETITIVE LANDSCAPE

    Bicycle sales first experienced a decline as a result of the global shutdown of offline retailers as a result of limitations brought on by the COVID-19 epidemic. However, there has been a recent increase in the number of people attempting to avoid public transit out of fear of getting sick, which has led to a rise in the demand for bicycles.

     

    In addition, with consumers becoming more concerned about their health, bicycles are now viewed as a trustworthy and healthy form of transportation.

     

    Firefox is a leading mobiliser of the various explorer manufacturer requirements in the market. With its vibrant colour scheme, Firefox Nuke 27.5 D receives an 8/10 for design. It is ideal for individuals looking for adventure while staying on the edgy and rebellious side of bicycling.

     

    The road to becoming a pro rider can begin with Firefox Nuke 27.D, so let’s get started. The Firefox Nuke 27.5 D features an Alloy Hardtail Frame with a SUNTOUR XCT front suspension fork with 100mm of travel and hydraulic lockout that smooths out the bumps in the road.

     

    Trek Bikes is a leading mobiliser of the various bicycle modules manufacturer requirements in the market. The Supercaliber 9.7 eliminates the need to select between hardtail and full-suspension. From the efficient IsoStrut shock to the weight-saving pivotless seat stays that reduce trial chatter, every aspect of this bike is designed for speed.

     

    This XC-crushing machine is completed by a lightweight parts specification. Trek’s exclusive lightweight IsoStrut FOX Performance shock is designed specifically for Supercaliber and features an ultra-lightweight, full OCLV Mountain Carbon frame with 60 mm of travel

     

    COMPANIES PROFILED

    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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