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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Energy to power bikes, conventional cycles are more accessible, less expensive, and easier to maintain. The main factor driving this technological kind of bicycle's increased global sales volume is its low price point. The coronavirus outbreak has contributed to an increase in bike sales.
After lengthy lockdowns or to avoid crowded trains and buses, more people prefer to commute by bicycle in order to stay active. More bicycle lanes are being added in cities throughout Europe, including Paris, Berlin, Lisbon, and Barcelona, due to the benefits of cycling for the environment.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Norway forced to expand its studded bike tire subsidy | In an effort to promote bicycle commuting. The funds set aside to pay for the subsidies were typically completely depleted in these instances. | Norway | This would enhance better Technological Controls |
| 2 | The e-bikes and islands in northern Norway | The Helgeland Archipelago is the ideal location to check out e-bike travel because of its quick ferry network, peaceful roads, and jaw-dropping mountains. | Norway | This would enhance better Technological Controls |
| 3 | New electric city bikes in Rogaland, Norway | The regional public transportation provider âKolumbusâ has just introduced new electric city bikes in Rogalandâs urban districts. | Norway | This would enhance better Technological Controls |
| 4 | Report shows almost two-thirds disagree with ban on electric bikes in Norwayâs national parks | Electric bicycles are not permitted in any of Norway's protected national parks since the country views them as motorised vehicles. | Norway | This would enhance better Technological Controls |
However, it is projected that the lack of the infrastructure required to support and promote bicycle commuting, particularly in developing nations like India, will impede the market's expansion.
Similar to how expensive lightweight bicycles constructed of composite materials are, this is not good for the market's expansion.Therefore, the government's assistance in the form of programmes and subsidies, along with increased knowledge of the advantages bicycles offer, portend well for the market's expansion over the coming years.
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.
Veloretti is a leading mobiliser of the various explorer manufacturer requirements in the market. The Ace is available in three colour schemes and has cutting-edge technology like as a powerful and quiet mid-engine, simple automated shifting, and a full-service app for tracking your bike and its voyage.
An electric bike that is both functional and attractive. The vehicle is equipped with cutting-edge technologies, such as a strong and quiet mid-engine and simple automated shifting. An electric bike with a basic design that can be used for everything.
| 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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