US Bicycle Market 2024-2030

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    US BICYCLE MARKET

     

    INTRODUCTION

    The United States controlled about 90% of the North American bicycle industry. An growth in the number of cycling events, as well as favourable government and employer activities, are expected to drive the market.

     

    infographic: US Bicycle Market , US Bicycle Market Size, US Bicycle Market Trends, US Bicycle Market Forecast, US Bicycle Market Risks, US Bicycle Market Report, US Bicycle Market Share

     

    They support road racing, touring, and recreational cycling, as well as track winning races, off-road racing, and mountain biking. E-bikes, smart bicycles, and premium bicycles are all gaining popularity, which is fuelling industry expansion. Benefits to the environment, health, traffic congestion avoidance, and increased demand for e-bikes

     

    US BICYCLE MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 USPS already testing mail delivery by electric bike with these neat little US-built mail bikes They’re not only built to haul high cargo loads, but they’re also made in the United States by Coaster Cycles of Montana. US This would enhance better Technological Controls
    2 Thousands saddle up for lifesaving research at the return of the London to Brighton Bike Ride Collectively, They have raised an astounding amount of money for life-saving research. US This would enhance better Technological Controls
    3 Broomfield Bikes, TREK to host two free bike repair clinics Broomfield Bikes is a local advocacy group dedicated to making biking more accessible in Broomfield. US This would enhance better Technological Controls
    4 World Bicycle Day is celebrated on June 3 in support of the idea In terms of physical exercise, the bicycle is really important. US This would enhance better Technological Controls

     

    The opening of a new assembly facility by Intense at its Temecula, California, headquarters has been announced. Intense has started building specific models in-house at its US headquarters in California in an effort to optimize its bike production capabilities.

     

    According to Intense, this new endeavor has given the company more flexibility with the availability of entire bikes while also allowing it to speed up some aspects of its production. By making this change, Intense is now able to market bikes more swiftly. The M29 208mm Downhill bike and the new Tracer 170mm Enduro bike will be the project’s main emphasis items.

     

    Bianchi added disc brakes for the first time to its lightweight Specialissima CV road bike update. This increases the likelihood that an Oltre XR5 or brand-new aero platform will be revealed soon. In either case, it will be interesting to see if Bianchi offers rim brakes as an option or if it opts to only use disc brakes.

     

    Globe unveiled a line of super-fun, high-performance, everyday bicycle models with sufficient power, range, and modularity to free riders from their dependence on automobiles. Despite having a diminutive appearance, the Haul ST has a big personality.

     

    Giant unveiled the most recent Defy endurance bikes in addition to announcing a new TCR road bike. The existing Propel Advanced SL Disc frameset is already relatively light (982g for the frame and 378g for the fork, according to Giant), but to make it more comparable to the new TCR Advanced SL, Giant changed the material and build method.

     

    The lightweight Scultura was made even lighter and more aerodynamic last summer. Merida’s Scultura Endurance road bike was created to bridge the gap between its gravel bikes and road race models. reduced frontal area, incorporation of aerodynamic Reacto design elements near the head tube and fork, and full cable integration with the one-piece cockpit.

     

    US BICYCLE MARKET RECENT PRODUCT LAUNCH IN US BICYCLE MARKET

    The eagerly anticipated Model F folding electric bike has recently been released by the Electric Bike Company in Newport Beach, California. The folder features a similar cruiser aesthetic and design philosophy to the company’s larger e-bikes, but in a more compact and portable form.

     

    Additionally, it is made in Southern California, exactly like the rest of the company’s e-bikes, before being delivered to clients completely assembled. The 24′′ wheels of the Model F strike a balance between the bigger 26′′ cruiser wheels and the smaller 20′′ wheels. It also has a low step-through frame.

     

    Five new electric bicycles from HOVSCO, an electric bicycle manufacturer, will be available, comprising three fat tyre ebikes (HovAlpha, HovAlpha Step-Through, and HovBeta), one commuter bike (HovRanger), and one commuter bike (HovRanger Step-Through).

     

    The new electric bike models also have powerful 48V/20Ah (or 15Ah) Samsung/LG batteries, a 48V 3A quick charger, and a 750W motor, all of which significantly increase battery performance. Additionally, all Hovsco ebikes come with a full LED strip light on one side of the battery pack.

     

    This light is around 20 m2 brilliant and 4 metres long, and it will provide you with a lot more convenience, especially at night. The new electric bikes from HOVSCO provide a smoother and safer ride in every circumstance.

     

    US BICYCLE MARKET COMPETITIVE LANDSCAPE

    To protect consumer safety and avoid accidents and injuries, developing economies are aiming to provide a bicycle-friendly environment with appropriate and safe cycling paths. In countries with larger populations, such as India, Indonesia, and Brazil, governments develop less dedicated bike paths.

     

    The higher initial cost of electric cycles is also a major deterrent to cycle sales. The majority of Central America’s middle-class population.

     

    Firefox is a leading mobiliser of the various explorer manufacturer requirements in the market. With its vibrant colour scheme, Firefox Nuke 27.5 D receives an 8/10 for design. It is ideal for individuals looking for adventure while staying on the edgy and rebellious side of bicycling. The road to becoming a pro rider can begin with Firefox Nuke 27.D, so let’s get started.

     

    The Firefox Nuke 27.5 D features an Alloy Hardtail Frame with a SUNTOUR XCT front suspension fork with 100mm of travel and hydraulic lockout that smooths out the bumps in the road.

     

    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

     

    US BICYCLE MARKET 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, 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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