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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Cycling is one of the safest forms of transportation because it is so easy to use. Additionally, governments in several nations are introducing bike voucher programmes to increase the market share for bicycles.
In this programme, the user is given a voucher for bike repairs up to £50. The voucher may also be applied toward starting a bicycle repair shop. This plan makes bicycles more easily accessible to clients, which further encourages the expansion of the world bicycle market.
During this worldwide health crisis, the market grew noticeably. This is linked to a surge in consumer health consciousness and a preference for bicycles as a cheap form of exercise and short-distance transportation.
Additionally, the pandemic's installation of strict rules such social segregation pushed people to avoid gathering in gyms and go by public transportation, which in turn increased demand for bicycles. People prefer to go by bicycle when heading to work because it saves on fuel costs and time in traffic.
Manufacturers are developing products for the adult market in addition to the kids market. They are modernising and concentrating on technology developments in bicycles, such as Bluetooth and GPS integration, stronger batteries, improved gear-shifting, and balance.
Conversely, amid this worldwide health crisis, the market saw a substantial increase. This is linked to a surge in consumer health consciousness and a preference for bicycles as a cheap form of exercise and short-distance transportation.
Additionally, the enforcement of strict rules such social segregation during the epidemic forced people to avoid gathering in gyms and go via public transportation, which in turn increased demand for bicycles.
Giant is a leading mobiliser of the various explorer manufacturer requirements in the market. The Maestro's rear suspension was created and tested in the gruelling Enduro World Series competitions. The top rocker arm made of Advanced Forged Composite provides stiffness while reducing the weight of the entire frame.
The trunnion mount shock has a longer stroke and a smoother feel. Users may confidently ride aggressive descents and rail curves thanks to the specifically designed composite frameset. A 170mm fork with a 44mm offset and head and seattube angles that are tailored for enduro riding deliver assured front-end handling.
Trek Bikes is a leading mobiliser of the various bicycle modules manufacturer requirements in the market. The Supercaliber 9.7 eliminates the need to select between hardtail and full-suspension. From the efficient IsoStrut shock to the weight-saving pivotless seat stays that reduce trial chatter, every aspect of this bike is designed for speed.
This XC-crushing machine is completed by a lightweight parts specification. Trek's exclusive lightweight IsoStrut FOX Performance shock is designed specifically for Supercaliber and features an ultra-lightweight, full OCLV Mountain Carbon frame with 60 mm of travel
| 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 |
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