Philippines Bicycle Market 2022-2027

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    PHILIPPINES BICYCLE MARKET

     

    INTRODUCTION

     

    This is timely and pertinent since it will not only meet the local market’s need for bicycles and electric bikes, but it will also help us maintain our status as a net exporter of bicycles, which has high demand from other markets.

     

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    The National Transport Policy, which encourages local government entities and national agencies to give emphasis to the building of suitable sidewalks and networks of bicycle lanes, is in accordance with the promotion of sustainable and equitable mobility.

     

    The NEDA has urged the business sector to support the alternative transportation movement by offering post-trip amenities.

     

    PHILIPPINES BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Philippines built 500km of bike lanes in less than a year The growth of cycling in September 2020, together with the outstanding advocacy effort done by CSOs, urban cycling advocates Philippines This would enhance better Technological Controls
    2 A boredom buster and lifeline amid pandemic in the Philippines The humble bicycle has made it possible for front-line medical personnel to travel to hospitals and save lives, helping millions of Filipinos cope with the Covid-19 outbreak. Philippines This would enhance better Technological Controls
    3 The Philippines Wants Nation’s Bike Lanes on Digital Map App The Department of Transportation (DOTr) has asked a major search engine to update the dashboard of its well-known real-time navigation software to reflect bike lane routes in the Philippines. Philippines This would enhance better Technological Controls
    4 Philippines promotes walking, biking amid COVID-19 lockdowns In densely populated locations, a digital technology automatically limits the power of electric bicycles. Philippines This would enhance better Technological Controls

    COMPETITIVE LANDSCAPE

     

    The government was eager to establish more protected bike lanes in the nation, thus bicycle imports last year increased while the pandemic limited public transportation.

     

    Philippinos switched to cycling during the height of the lockdown last year since public transportation was suspended for months. Public transportation has to lower its carrying capacity even after quarantine regulations were relaxed in order to maintain social distance.

     

    The epidemic caused shortages in public transportation and decreased transportation supply, which hurt the industry.

     

    Decathlon PH is a leading mobiliser of the various explorer manufacturer requirements in the market. The comfort-oriented frame geometry provides a more upright position than a traditional road frame thanks to a higher steering socket and a shorter top tube.

     

    Sloping frame made of 6061 T6 aluminium with a partially integrated headset. The double-walled sport wheels B’Twin 700. 9mm quick-release attachment to make handling and transit easier. tyre size 700 x 32.

     

    For improved performance, the tread contains tiny studs. For increased traction in bends on cemented or loose ground as well as on gravel, the sides of the tyres have bigger studs.

     

    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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