South Africa Bicycle Market 2022-2027

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    SOUTH AFRICA BICYCLE MARKET

     

    INTRODUCTION

     

    The Electric bicycles, often known as pedelecs, overcome one of the main drawbacks of conventional cycles by offering a quicker commute and requiring less human effort to ride.

     

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    Rising consumer awareness of bicycle safety, innovations, and enhanced ride quality are the causes of this. An increase in income levels in important bicycle markets and a narrowing of the price differential between low- and mid-range cycle versions are other factors that may play a significant role in the growth of mid-range bicycles.

     

    SOUTH AFRICA BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

     

    In the intensely competitive global bicycle business, major bicycle companies are striving for a sizable market share. Major bicycle suppliers are concentrating on marketing and sales activities to keep current customers and attract new ones in order to increase revenue.

     

    Over the preceding years, the bicycle market has seen a variety of expansion strategies used by significant rivals, including acquisitions, mergers, and collaborations.

     

    In order to increase their revenue share, bicycle-selling companies are investing in R&D and new cycling items. Technological advancements and the establishment of government subsidiaries have accelerated the development of the bicycle industry.

     

    Increased income and government assistance have made it easier to develop and offer affordable green forms of transportation. 

     

    COMPETITIVE LANDSCAPE

     

    Rural areas of the nation have recently emerged as a new hotspot for producing money for the bicycle industry as a result of distributors realising the potential of the market in such locations.

     

    The market is expanding due to the widespread use of e-bikes, smart bicycles, and expensive bicycles. Some of the main considerations for adopting and operating e-bikes include the health benefits, reduced traffic congestion, and increase in demand for e-bikes as sporting equipment.

     

    Titan is a leading mobiliser of the various explorer manufacturer requirements in the market. The Cypher has a dropper post, beefier tyres, and 20mm greater travel. While breaking, suspension is still in operation. A gradually increasing advantage ratio prevents bottoming out while yet permitting complete motion.

     

    The rider can modify progressivity to suit their riding style using volume tokens in the shock. Improved frame clearance, stiffer wheels, and a four-bar Horst link suspension with a yoke-extended shock absorber are all features of this vehicle.

     

    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.

     

    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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