Singapore Bicycle Market 2024-2030
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Singapore Bicycle Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

SINGAPORE BICYCLE MARKET

 

INTRODUCTION

Bicycles as such an ecologically responsible mode of transportation have already acquired popularity and are a common trend in European nations. One of the major barriers to bicycle demand is a lack of designated riding lanes.

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The performance of the global bicycle market over the forecast period depends on a well-connected road network among nations. This has been a significant issue because manufacturers and the government are still working hard to build safe riding networks and bike lanes.

 

SINGAPORE BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
1Singapore to ban cyclists from riding in groups longer than 5 bike lengthsFollowing a report with several recommendations intended "to improve road safety," a new law was passed.SingaporeThis would enhance better Technological Controls
2Singapore LTA new rules for cyclists in force Jan 2022The Singapore Land Transport Authority has put new regulations on cyclists in Singapore.SingaporeThis would enhance better Technological Controls
3UK’s largest bicycle maker Brompton launches its first electric foldable bike in S’poreThe Brompton Electric is a small, folding electric bike that will enable riders to pedal more efficiently.SingaporeThis would enhance better Technological Controls
4Bicycle parts maker Shimano invests $180m to build Singapore plantDue of consumer preferences for transportation with reduced Covid-19 transmission risk, demand has increased.SingaporeThis would enhance better Technological Controls

 

SINGAPORE BICYCLE MARKETCOMPETITIVE LANDSCAPE

The conditions present opportunities for bicycle manufacturing businesses to develop and prosper. Increased urbanisation and congested traffic will also increase bicycle sales. New opportunities for bicycle makers will arise as the desire for quicker and cleaner ways of transportation rises steadily.

 

Automobile emissions that are fuelled by gasoline now produce record levels of pollution. Manufacturers and producers of green solutions have recognised this as a chance in the meantime. 

 

Marin is a leading mobiliser of the various explorer manufacturer requirements in the market. The Series 2 aluminium frame with tapered head tubes, 3D forged dropouts, IS brake mounts, and semi-internal cable routing is featured on the San Quentin 1. Series 3 aluminium frames with more sophisticated dropouts, post mount disc tabs, full internal cable routing, and a boost 148mm thru-axle are included on the San Quentin 2 and 3. For rowdier riders, the San Quentin 2 and 3 versions have ISCG 05 tabs for quick chain retention device installation.

 

Polygon Singapore 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.

 

SINGAPORE BICYCLE MARKETCOMPANIES PROFILED

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix