Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

Bicycle Market Growth to Surge Owing to Increasing Adoption by End-use Applications

Published On :

 

 

Bicycles: Recycling Health!

Bicycling is being opted by the majority of health-conscious population as well as in the form of leisure activity. Apart from keeping obesity and the digestion-related disorders at bay, bicycles prove to be cost-effective as well. The developing economies have realized these benefits and taken to bicycling on the war footing. These days, dockless bicycle-sharing systems are witnessing an exponential demand. As they let users locate bicycle in the vicinity followed by unlocking it electronically. Though the origin could be traced to the Europe, the countries like China and India are more into adoption of these systems. Persistence Market Research has captured these details with insights through its report entitled “Bicycle Market”.

For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/3326

How about integration of Technological Advancements?

The present scenario implies integration of advancements in the form of GPS (Global Positioning System) and mobile apps in the dockless bicycle-sharing systems. China-based bicycle-sharing companies are into investment and expansion of their operations on an aggressive count all over the Europe for encashing on market opportunities.

Moreover, there are events like Ronde van Vlaanderen and Tour de France driving people towards resorting to cycling. MEA, LATAM, and the Asia-Pacific are also not behind in organizing bicycling events. These factors have been very well etched by Persistence Market Research in its report mentioned above. Electric bicycles are witnessing an increasing adoption, so as to ensure quicker journeys in comparison with traditional counterparts. The batteries used on the latest count are capable of offering longer life-span and higher capacities, that too, with reduced size. These maintenance-free batteries bolster the electric bicycles market and would continue to do so even in the forecast period. These details are also mentioned by Persistence Market Research in the aforementioned report.

Bicycles: A solution to curb Traffic Congestion?

With traffic and space congestion being grave concerns all over, bicycling is looked upon as a solution. Though the developed economies do have their exclusive cycling tracks, countries like India need to do ground work on this part. As of now, the usual roads are being used by cyclists. There are minimal cycling tracks herein. Once infrastructure in this regard is in place, things are bound to change for good. The world could get respite from traffic congestion then. Persistence Market Research has made its bit in giving a detailed analysis on this count.

To connect with our sales representative@ sales@persistencemarketresearch.com

Checking Air Pollution and Road Mishaps

Also, it’s a known reality that air pollution is directly proportional to the number of vehicles plying on the roads. Bicycling can contribute a great deal to reduce this pollution. Also, with proper traffic control, road mishaps could also be brought into check. Persistence Market Research has gauged these parameters in its above-mentioned report.

How does the categorization of bicycle market go about?

Bicycle market, by product, spans hybrid/cross, mountain bikes, road, comfort, youth, cruisers, and electric. Technology-wise, it’s electric and conventional. By price, it’s low-range, mid-range, and premium. End-user-wise, it’s kids, women, and men. Out of these, premium cycles are being dominated by men, whereas low-range go to women. Persistence Market Research has come to terms with these figures and entailed them in the report.

To remain ‘ahead’ of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/3326

How about Geography?

The Asia-Pacific holds more than 30% of the market share. It is, in fact, expected to witness a double-digit CAGR between 2021 and 2031. The countries like Singapore, Japan, and China are focusing on improving the infrastructure for encouraging and supporting commuting through bicycles. It’s a good thing that cities like Tokyo are known for the lowest rate of road mishaps. Urban bicycling could be arranged for in the best possible manner over here.

Europe is led by countries like France, Denmark, Belgium, and Italy in terms of cycling. North America is growing steadily in bicycle market. Persistence Market Research is there throw light on this scenario in the forecast period.

Competitive Landscape

Persistence Market Research has profiled the key players as follows:

  • Giant Bicycles Inc.
  • Atlas Cycles Ltd.
  • Derby Cycle Holding GmbH
  • Trek Bicycle Corporation
  • Avon Cycles Ltd.
  • Zhonglu Co., Ltd.
  • Accell Group N.V.
  • Tube Investments of India Ltd.
  • Dorel Industries Inc.
  • Merida Industry Co., Ltd.
  • Tandem Group Plc
  • Samchuly Bicycle Co., Ltd.
  • F.I.V.E. Bianchi S.p.A.
  • Specialized Bicycle Components
  • Hamilton Industries Pvt. Ltd.

About us: Persistence Market Research

Contact us:

Persistence Market Research          
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com

 

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts