NEW YORK, June 21, 2016 /PRNewswire/ -- About Bike Racks
A bike car rack consists of a set of bars mounted on the roof, hitch or trunk of a car that secures bikes for transportation. While some vehicles include factory-installed car racks, others need to be fitted with aftermarket parts. Since most bike car racks are temporarily fitted, aftermarket parts are used. Vendors are focusing on modern product designs with more features.
Technavio's analysts forecast the Global Bike Car Rack Market to grow at a CAGR of 5% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Bike Car Rack Market for 2016-2020.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
Technavio's report, Global Bike Car Rack Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Thule
- Yakima
- Allen Sports
- Küat
Other prominent vendors
- Prorack
- Rockymounts
- RhinoRack
- Saris
- Sport rack
- Swagman
- Whispbar
Market driver
- Surge in recreational activities
- For a full, detailed list, view our report
Market challenge
- Complex installation
- For a full, detailed list, view our report
Market trend
- Emerging use of racks among car rental service providers
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Read the full report: http://www.reportlinker.com/p03829242-summary/view-report.html
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