SPAIN BICYCLE MARKET

 

INTRODUCTION

 

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.

 

SPAIN BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

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

 

COMPETITIVE LANDSCAPE

 

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.

 

COMPANIES PROFILED

• Accell Group
• UNNO
• Orbea
• Avon Cycles Ltd.
• Cervelo
• Dorel Industries Inc.
• Giant Bicycles
• Merida Industry Co., Ltd.
• Specialized Bicycle Components, Inc.
• Atlas Cycles (Haryana) Ltd.
• SCOTT Sports SA
• Trek Bicycle Corporation