UAE Bicycle Industry Market 2022-2027

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    UAE BICYCLE INDUSTRY MARKET

     

    INTRODUCTION

    Bicycle, commonly known as a bike, is a two-wheeled directional equipment propelled by the cyclist’s legs. The wheels of such normal bicycles are positioned in tandem inside a metal structure, with front wheels kept in place by a rotating fork.

     

    The operator rests on something like a saddle and directs the bike by bending and rotating handlebars linked to the fork.

     

    The feet move pedals that are connected to cranks and a chainwheel. A link loop connects the chainwheel toward a sprocket just on the back wheel, which transmits power.

     

    Riding is simple to learn, and bikes may be ridden at 20–25 km/h, or four to five times the speed of walking. The bicycle is the most efficient mechanism of converting human energy into movement that has yet to be created.

     

    Bicycles remain a popular form of commuting, pleasure, and sports. Bicycles are vital for transferring people and commodities in locations where there are very few vehicles.

     

    There really are twice so many more bicycles as vehicles on the planet, and cycling outsell autos three to just one. Bicycles for retail and transportation are strongly promoted in the UAE considering their long-term goal of carbon neutral nation agendas.

     

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    Bicycle wheels are very often larger than 48cm in diameter, making them higher than the majority of automobile wheels. When users turn the wheels just at axle, the higher the wheels double the velocity.

     

    The wheels eventually support their complete weight, albeit in an unusual fashion. Most bicycle wheels, on the other hand, are made out of a sturdy hub, a thin rim, and around 24 strongly post – tensioning spokes.

     

    Bicycles use spoked wheels rather than solid metal wheels to make it sturdy and compact while also reducing drag.

     

    UAE BICYCLE INDUSTRY MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1  

    Abu Dhabi declared a ‘Bike City’ and unveils new 109km Loop and velodrome

    Sheikh Khaled bin Mohamed, member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, has accepted the prestigious “Bike City” label from the Union Cyclists Internationale (UCI). UAE This would enhance better Technological Controls

     

    UAE BICYCLE INDUSTRY MARKET DYNAMICS

    Dubai is indeed the populous city in the United Arab Emirates as well as the financial and commercial centre of the Middle East. Dubai’s GDP is solid, its people are pleasant, and its rule of law are exceptional.

     

    The majority of bicycles sold in Dubai are road bikes, and the government is rushing to build bike pathways.

     

    Bicycle sales in Dubai have climbed at a pace of 10-15% every year, with the highest selling season lasting from December to March. Due to the obvious extreme summer heat, locals ride their bicycles less, and sales decline by 50-60%.

     

    There are no bicycle manufacturing in the vicinity of Dubai, and indeed the majority of sales are made through bicycle wholesalers.

     

    The Cycle Hub is indeed a Specialised and Pinarello reseller, with Specialized bicycles accounting for 90% of its revenues. Bicycle revenues first fell following the closure in physical stores throughout nation due to COVID-19 pandemic regulations.

     

    However, interest with bicyclists has lately increased, with a large increase in the number of consumers attempting to avoid mass transportation owing to fear of contracting the infection.

     

    Furthermore, with customers becoming more health-conscious, bicycling has become considered as a much more trustworthy and healthful mode of transportation.

     

     A lack of physical activity and a shift in dietary patterns have led to a rise in the prevalence of lifestyle diseases like obesity and diabetes.

     

     Apart from this, several cities are facing the issue of traffic congestion due to the presence of a larger number of automobiles. In line with this, several governments and civic bodies are taking initiatives to reduce traffic congestion by promoting the use of e-bikes

     

    Several of the primary reasons for adopting and driving e-bikes throughout the world include their health advantages, prevention of road congestion, ecological benefits, and a growing preference with e-bikes as sporting equipment.

     

    An increased use of bicycles in trekking and leisure activities, as well as a growth in the number of sprint races is likely to drive demand for bicycles in both general and sport categories.

     

    The growing power of celebrity endorsements, as well as increased media attention of such gatherings, are likely to boost industry expansion. ​

     

    UAE BICYCLE INDUSTRY MARKET SEGMENTATION

    The UAE Bicycle Industry Market can be segmented into following categories for further analysis.

    By Fuel Integration / Structure Type

    • Electric
    • Fuel Cell Based
    • Hydrogen Based

     

    By Technological Usage Type

    • Sports Technology
    • Enduro Type
    • Chopper Type
    • Classic Type
    • Commuter Type
    • Military Integrations Type

     

    By Transmission Type

    • Manual Transmission
    • Automatic Transmission
    • Self-Drive / Autonomous Transmission

     

    By Regional Classification

    • Abu Dhabi
    • Dubai
    • Sharjah
    • Fujairah
    • Ajman
    • Umm Al Quwain
    • Rai Al Khaimah
    • Khor Fakkan

     

    RECENT TECHNOLOGICAL TRENDS IN UAE BICYCLE INDUSTRY MARKET

     

    SI No Product How it works
    1

    Pedal power – Bosch Pedal-Assist eBike System

     

     Essentially a small electric drive system that engages when you pedal to help give you an extra boost, pedal assist kits or bikes have become more prolific as their technology has improved.
    2 Revolights  Revolights are a new take on lighting up your bike, offering a unique forward light and a functioning brake light that blinks when you change your speed. Bright LED lights from companies like Blackburn or Axiom have also taken illumination to a new level, and Garmin’s Varia Smart Bike Light automatically adjusts based on speed and surrounding light conditions
    3 Bikeshare Firms The idea that people in an urban area could walk up to a bike rack, unlock a bike for a small fee, ride across town seems almost quaint.Users download the Biketown application  and, for very minimal price within a few minutes, grab a bike from a rack and pedal away.
    4 Skylock  The lock connects to your phone, which eliminates the need for a key, gives you the heads-up if someone is trying to make off with your bike, and even notifies your contacts if you’re in a crash.

     

    Even though most performance-oriented tracked vehicles (particularly mountain bikes) moved towards the braking system decades previously, the bicycle took longer to catch up.

     

    Although cable-actuated disc brakes have been available on some cyclocross type bikes for the same time, the very first hydraulic disc brake technology was implemented.

     

    Shimano has already stepped in, because there are now hydraulic brake reasonable alternatives across such a variety of equipment categories, including ones with electronic shifting.

     

    Although disc brakes were bulkier and much less streamlined than calliper brakes, they provide superior performance and simplicity.

     

    A good disc brake mechanism will be more powerful, responsive, and modulate better than a calliper brake. A hydraulic disc brake requires less hand force to operate and regulate, and the braking performance is superior.

     

    Weather and environmental conditions do not degrade restraining performance by ensuring that they do in a calliper system. Shimano made electronic shifting mainstream with the debut of Shimano Di2, introducing a system that significantly advanced the method bicycles operate.

     

    In conjunction with Shimano, Campagnolo’s EPS package incorporates electrical switching, and SRAM debuted their wireless SRAM eTap electronic system.

     

    On a similar note, electronic switching is gentler on the wrists and forearm since the electronic push button replaces the long pass necessitated by a conventional shift lever.

     

    Many methods also provide the placement of shift paddles in numerous locations, eliminating the limitations associated with having cables centrally handled in a framework.

     

    Carbon frame integration is becoming increasingly important within the UAE Bicycle industry considering their increased levels of social conjectures for better environmental awareness.

     

    COMPETITIVE LANDSCAPE

     

    SI No Timeline Company Developments
    1 January 2022 Apollo Bikes Bicycles have long been a part of green attempts to limit the use of fossil fuels in society, as well as one of society’s most traditional future requirements.
    2 January 2022 Apollo Bikes Due to improved economic and sporting criteria, bicycles have also become the world’s most cost-effective mode of transportation.

     

    Organizations have begun to recognise the significance of remaining active and living a healthy lifestyle. They have also begun to recognise that frequent riding might help keep problems like obesity at bay.

     

    The market is expected to expand as more individuals turn to biking as a regular source of exercise. People are considering bicycle commuting over short distances to save time due to increasing traffic congestion and a lack of parking space, particularly in urban centres.

     

    As part of their attempts to maintain their competitiveness, the firms are spending actively, releasing new goods, providing new services such as home delivery of high-end bicycles, after-sales assistance, and servicing, and marketing their goods and/or services reasonably.

     

    Trek Bikes is a leading mobiliser of the Mountain and multiple energy-based bicycles in the market. It is part of the much-needed development focus on environmental compliance at various stages of operations.

     

    The Fuel EX is quick on singletrack, competent in the rough, and enjoyable to ride anywhere. There is no elaborate composite wheeled arrangement. There are no fancy suspension gauges.

     

    Trek’s proprietary active damper is used in the Fuel EX, which is stiff during pedalling but quickly softens to absorb bumps. ABP allows the cyclist to brake significantly later than their competitors since it enhances traction and hence enhances deceleration effectiveness.

     

    The variants include the Active with Thru Shaft, which responds to topography quicker than in any other shocker on the market.

     

    Internal frame capacity is available on the OCLV Carbon Fuel EX versions for storing tools, gear, and whatever else that bring over the trail. The quick-access clasp is secure while being simple to operate even with filthy, gloved fingers.

     

    Scott Sports is part of the Sheppard Cycles domain focused on development of the mountain and racing class of bikes within the operational market. The Spark RC SL EVO AXS is the ideal combination of top-tier composite architecture, unprecedented levels of interconnectivity, and even just the appropriate balance of secret ingredients.

     

    Designers intended to make the structure go quicker up and down the slope than it has ever been. Improving travel, fine-tuning shape, and incorporating feedback from the world’s greatest cyclists.

     

    It features Integrated Suspension Technologies and a Flex Pivot / Adjustable Head Angle. Engineers can fine-tune suspension parameters without compromising weight thanks to the integrated shock framework.

     

    When working with bikes at this level, the notion of marginal improvements is frequently significant. Power transfer must be as straightforward as feasible for a suspension shocker to work optimally. Having an integrated shock helps us to evaluate this in a variety of ways.

     

    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 theIndustry
    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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