NEW ZEALAND BICYCLE MARKET

 

INTRODUCTION

People are increasingly adopting electric bicycles for their comfort and ease of commuting over long distances, which is driving up demand for electric bicycles.

 

 

During the forecast period, the increased popularity of dockless bicycle sharing systems in the Asia Pacific region is likely to fuel market growth. Bicycles are becoming more popular as a practical form of leisure exercise as people become more conscious of the importance of staying healthy, active, and fit.

 

NEW ZEALAND BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

S No	Overview of Development	Development Detailing	Region of Development	Possible Future Outcomes
1	Then people biking in Christchurch than in any other New Zealand city	More Locals in Christchurch are getting on their bikes, according to one cycling enthusiast, who attributes the increase in popularity to investment.	NZ	This would enhance better Technological Controls
2	Scott Sports launches New Zealand bicycle brand Avanti in India	The Avanti’ Giro FM1 bicycle has been introduced by Scott Sports India.	NZ	This would enhance better Technological Controls
3	Cycling New Zealand hit by further resignations after integrity breach at Tokyo Olympics	Martin Barras, the IOC’s High Performance Director, is the latest to leave for failing to observe IOC and UCI guidelines.	NZ	This would enhance better Technological Controls
4	New Zealand to incentivise people who trade in their petrol cars	As part of its unprecedented climate change plan, the New Zealand government has announced a “clean car upgrade” to encourage people to drive zero-emission vehicles.	NZ	This would enhance better Technological Controls

 

 

 

COMPETITIVE LANDSCAPE

In New Zealand, consumers are being encouraged to participate in a variety of bicycle activities. The event’s main goal was to enhance cycling awareness and increase the number of people who cycled in the city. Such public awareness initiatives also help to support the market’s growth.

 

Furthermore, international sporting events, such as cycling championships, inspire consumers to participate in riding, resulting in market growth.Trek is a leading mobiliser of the various explorer manufacturer requirements in the market.

 

The e-MTB optimised 160mm RockShox 35 Gold RL fork, a powerful new Bosch Performance Line CX 250W motor that assists up to 20 mph, and a Purion controller are all housed in a burly alloy frame with 150mm of rear travel that fully encases a 500Wh battery, an e-MTB optimised 160mm RockShox 35 Gold RL fork, a powerful new Bosch Performance Line CX 250W motor that assists up to 20 A dropper post, powerful 4-piston brakes for increased downhill confidence.

 

Avanti is a leading mobiliser of the various bicycle modules manufacturer requirements in the market. The Gran-Durance Pro has a full carbon frame and fork, as well as comprehensive internal/hidden cable routing, to keep everything working smoothly even in the most adverse gravel adventure or race.

 

Not only do the frame and fork clear 700 x 50mm gravel tyres*, but they also have a full complement of mounts for bike packing gear and can even handle a dropper post with internal routing. Finished off with Alex Boondocks’ light and properly sealed wheels.

 

COMPANIES PROFILED

• Accell Group
• Avanti
• 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.