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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Various governments are putting in place the infrastructure needed to facilitate bicycle commuting, incentivizing individuals to use bicycles. The lack of infrastructure required to support and encourage bicycle commuting, particularly in developing nations, is a major concern.
Furthermore, governments in crucial nations such as the United Kingdom and Italy are subsidising the purchase of new bicycles during the pandemic. Furthermore, while bicycling has long been a convenient form of transportation, it has recently emerged as a popular recreational and leisure activity, particularly among women.
S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
1 | Spanish bicycle market breaks sales records | In 2021, bicycle sales reached a new high of 1,571,368 units, with a 10.76 percent increase in industry turnover. | Spain | This would enhance better Technological Controls |
2 | Plan for compulsory e-bike insurance in Spain faces fierce opposition | If the plan is adopted, Spain will be one of the few countries in the world with a required insurance law. | Spain | This would enhance better Technological Controls |
3 | Spain approves its first-ever national cycling strategy | The Spanish government has authorised a national cycling strategy for the first time. | Spain | This would enhance better Technological Controls |
4 | Spain bans cycling amid coronavirus outbreak | As the coronavirus spreads across Europe, Italy and Spain have imposed tight riding restrictions during lockdown. | Spain | This would enhance better Technological Controls |
Electric bicycles, or e-bikes, have the greatest development potential and will represent a significant incremental opportunity. Rural areas of the country have recently become a new hotspot for generating cash for the bicycle industry, thanks to distributors seeing the potential of the market in such places.
As the business evolves, traditional bicycles have taken a backseat in the country, with electric bicycles gaining traction.
UNNO is a leading mobiliser of the various explorer manufacturer requirements in the market. The enduro missile is indeed a surface-to-air missile with extreme rigidity and durability.
The all-new BURN is as strong as it is nimble, thanks to double row EnduroMAX bearings and high-strength Toray carbon. To break free from standard bike design and create our long-travel ripper from the ground up.
The virtual pivot connection was built with the intention of capturing every single millimetre of the 160 millimetres available.
Orbea is a leading mobiliser of the various bicycle modules manufacturer requirements in the market. The lighter bike, lower power consumption, and, of course, the pedal-friendly weight and support, the RS concept gives a terrific day on the trails.
Displays, sensors, extra connections, and giant lighting buttons are common and unavoidable on a traditional ebike. The ability to use a classic, uncluttered machine is an important part of the RS philosophy for us. The RS Motor, Battery, and Electronics are over half the weight of conventional eBike systems.
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 |