NEW YORK, Nov. 29, 2022 /PRNewswire/ — The global high-end bicycle market has been categorized as a part of the global leisure products market. The parent market, the global leisure products market, covers a variety of categories, including sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games.
The high-end bicycle market size is expected to grow by USD 4786.35 million from 2022 to 2027. In addition, the growth momentum of the market will accelerate at a CAGR of 6.16% during the forecast period, according to Technavio.
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High-End Bicycle Market 2023-2027: Scope
The high-end bicycle market report covers the following areas:
High-End Bicycle Market Size
High-End Bicycle Market Trends
High-End Bicycle Market Industry Analysis
High-End Bicycle Market 2023-2027: Vendor Landscape
Accell Group NV, BH BIKES EUROPE SL, Cicli Pinarello Srl, DAHON North America Inc., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., Greenwit Technologies Ltd., Grimaldi Industri AB, Klever Mobility Europe GmbH, Kona Bicycle Co., LOOK Cycle International, Marin Mountain Bikes Inc., Merida Industry Co. Ltd., Samchuly Bicycle Co. Ltd., Santa Cruz Bicycles LLC, SCOTT Sports SA, Specialized Bicycle Components Inc., Storck Bicycle GmbH, and Trek Bicycle Corp. are among some of the major market participants.
This report provides a full list of key vendors, their strategies, and the latest developments. Buy Full Report
High-End Bicycle Market 2023-2027: Segmentation
The high-end bicycle market share growth in the hybrid bikes segment will be significant during the forecast period. A hybrid bicycle is a combination of a touring bike, a mountain bike, and a road bike, used for riding over different types of terrains. They can also be used for commuting on a daily basis. Hybrid bikes have benefits such as stability, comfort, and ease of use. Hence, their popularity among cyclists, casual riders, commuters, and children has increased significantly.
35% of the market’s growth will originate from North America during the forecast period. The growth of the regional market is attributed to factors such as the availability of a large number of vendors and the increasing disposable income of a major share of the population. The growing disposable income allows people to opt for high-end bicycles for various applications.
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High-End Bicycle Market 2023-2027: Key Highlights
CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist high-end bicycle market growth during the next five years
Estimation of the high-end bicycle market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the high-end bicycle market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of the high-end bicycle market vendors
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Children’s Bicycle Market by Type and Geography – Forecast and Analysis 2022-2026: The children’s bicycle market share is expected to increase by USD 3.07 billion from 2021 to 2026. This report extensively covers market segmentation by type (18 inches, 20 inches, 16 inches, and 24 inches) and geography (APAC, Europe, North America, South America, and the Middle East and Africa).
Sports Bicycle Market by Product and Geography – Forecast and Analysis 2022-2026: The sports bicycle market share is expected to increase by USD 5.22 billion from 2021 to 2026. This report extensively covers segmentation by product (mountain bicycles, cyclo-cross bicycles, road racing bicycles, and track bicycles) and geography (North America, Europe, APAC, Middle East and Africa, and South America).
High-End Bicycle Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 6.16%
Market growth 2023-2027
USD 4786.35 million
YoY growth (%)
North America, APAC, Europe, South America, and Middle East and Africa
Performing market contribution
North America at 35%
Key consumer countries
US, China, Germany, the UK, and France
Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Accell Group NV, BH BIKES EUROPE SL, Cicli Pinarello Srl, DAHON North America Inc., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., Greenwit Technologies Ltd., Grimaldi Industri AB, Klever Mobility Europe GmbH, Kona Bicycle Co., LOOK Cycle International, Marin Mountain Bikes Inc., Merida Industry Co. Ltd., Samchuly Bicycle Co. Ltd., Santa Cruz Bicycles LLC, SCOTT Sports SA, Specialized Bicycle Components Inc., Storck Bicycle GmbH, and Trek Bicycle Corp.
Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period
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Table of Contents:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global high-end bicycle market 2017 – 2021
4.2 Product Segment Analysis 2017 – 2021
4.3 Distribution channel Segment Analysis 2017 – 2021
4.4 Geography Segment Analysis 2017 – 2021
4.5 Country Segment Analysis 2017 – 2021
5 Five Forces Analysis
5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition
6 Market Segmentation by Product
6.1 Market segments
6.2 Comparison by Product
6.3 Hybrid bikes – Market size and forecast 2022-2027
6.4 Mountain bikes – Market size and forecast 2022-2027
6.5 Road bikes – Market size and forecast 2022-2027
6.6 Track bikes – Market size and forecast 2022-2027
6.7 Other bikes – Market size and forecast 2022-2027
6.8 Market opportunity by Product
7 Market Segmentation by Distribution Channel
7.1 Market segments
7.2 Comparison by Distribution Channel
7.3 Offline – Market size and forecast 2022-2027
7.4 Online – Market size and forecast 2022-2027
7.5 Market opportunity by Distribution Channel
8 Customer Landscape
8.1 Customer landscape overview
9 Geographic Landscape
9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America – Market size and forecast 2022-2027
9.4 APAC – Market size and forecast 2022-2027
9.5 Europe – Market size and forecast 2022-2027
9.6 South America – Market size and forecast 2022-2027
9.7 Middle East and Africa – Market size and forecast 2022-2027
9.8 US – Market size and forecast 2022-2027
9.9 China – Market size and forecast 2022-2027
9.10 Germany – Market size and forecast 2022-2027
9.11 UK – Market size and forecast 2022-2027
9.12 France – Market size and forecast 2022-2027
9.13 Market opportunity by geography
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends
11 Vendor Landscape
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Accell Group NV
12.4 BH BIKES EUROPE SL
12.5 Cicli Pinarello Srl
12.6 DAHON North America Inc.
12.7 Derby Cycle Holding GmbH
12.8 Dorel Industries Inc.
12.9 Giant Manufacturing Co. Ltd.
12.10 Greenwit Technologies Ltd.
12.11 Grimaldi Industri AB
12.12 Klever Mobility Europe GmbH
12.13 Kona Bicycle Co.
12.14 LOOK Cycle International
12.15 Merida Industry Co. Ltd.
12.16 Specialized Bicycle Components Inc.
12.17 Trek Bicycle Corp.
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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