Singapore Bicycle Market 2022-2027

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    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 No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Singapore to ban cyclists from riding in groups longer than 5 bike lengths Following a report with several recommendations intended “to improve road safety,” a new law was passed. Singapore This would enhance better Technological Controls
    2 Singapore LTA new rules for cyclists in force Jan 2022 The Singapore Land Transport Authority has put new regulations on cyclists in Singapore. Singapore This would enhance better Technological Controls
    3 UK’s largest bicycle maker Brompton launches its first electric foldable bike in S’pore The Brompton Electric is a small, folding electric bike that will enable riders to pedal more efficiently. Singapore This would enhance better Technological Controls
    4 Bicycle parts maker Shimano invests $180m to build Singapore plant Due of consumer preferences for transportation with reduced Covid-19 transmission risk, demand has increased. Singapore This would enhance better Technological Controls

     

    COMPETITIVE 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.

     

    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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