Vietnam Bicycle Market 2022-2027

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    Many people who are trying to stay in shape are replacing their gym clothes with cycling shorts as gyms are closing as a result of stricter social distancing laws. As more and more individuals take to the roads to remain in shape, bicycle stores claim to have witnessed a dramatic spike in new business.


    Infographic ; Vietnam Bicycle Market, Vietnam Bicycle Market Size, Vietnam Bicycle Market Trends, Vietnam Bicycle Market Forecast, Vietnam Bicycle Market Risks, Vietnam Bicycle Market Report, Vietnam Bicycle Market Share


    The situation is expected to return to normal shortly thanks to the monitoring of the COVID-19 impact, contingency planning, tightening of the financial steering, rigorous staff engagement and communication, coupled with consumer demand creation. 



    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Bicycle sales boom amid pandemic Rushing to purchase bikes for physical activity, shoppers swarm bike stores on Bà Triu Street. Vietnam This would enhance better Technological Controls
    2 Cycling emerges as new hobby among HCM City locals HCM City announced a proposal to equip 500 bicycles with smart locks for public usage in the first few days of November. Vietnam This would enhance better Technological Controls
    3 Dat Bike is the creator of Vietnam’s first domestic electric motorbike To cut down on the quantity of gasoline consumed in Vietnam, Dat Bike is on a mission. Vietnam This would enhance better Technological Controls
    4 Giant to open $48M Vietnam plant, H1 e-Bike revenue up 40% The announcement that Giant Bicycles will invest US$48 million in a new manufacturing facility in southern Vietnam was made on Friday. Vietnam This would enhance better Technological Controls




    Therefore, it is anticipated that COVID-19 will act as a major spur for technological developments in the industry when Vietnam returns to normalcy. Electric bicycles are expected to be embraced more swiftly in nations with large populations of bikers, such as the Netherlands, Denmark, Germany, and China.


    Electric bicycles, also known as pedelecs, allow a speedier commute than regular bicycles and require less human effort to ride, addressing one of the classic bicycle’s key drawbacks. 


    Fuji Ta is a leading mobiliser of the various explorer manufacturer requirements in the market.


    The most cutting-edge lithium-ion battery technology, FOC vector frequency control technology, built-in motor system, torque sensor, specialised cycleurope (DBS, Bianchi), Halfords, Pegasus cooperation, and o2feel, the greatest brand in the world, and success as the production of high-quality products.


    To ensure that every group of manufacturing lithium batteries was fully qualified, the electrical laboratory underwent stringent testing.


    Asama Bikes is a leading mobiliser of the various explorer manufacturer requirements in the market.


    The carbon disc frame on the Bianchi Specialissima is light (just 750g), wherein the bike factory manufactures various bike parts and components in addition to producing and assembling finished bikes. The ASAMA brand first entered the Vietnamese bicycle market since 2004.



    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, 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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