NEW YORK, Aug. 31, 2021 /PRNewswire/ -- Technavio has been monitoring the high-end bicycle market and it is poised to grow by $ 3.88 bn during 2021-2025, progressing at a CAGR of 5.00% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The growing popularity of e-commerce, the surging adoption of e-bikes, and rising disposable income are some of the prominent factors offering immense growth opportunities. However, high maintenance of e-bikes, strong dominance of vehicles, and increasing preference for bicycle rentals will challenge the growth of the market participants.
High-End Bicycle Market 2021-2025: Segmentation
High-End Bicycle Market is segmented as below:
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High-End Bicycle Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our high-end bicycle market report covers the following areas:
High-End Bicycle Market 2021-2025: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accell Group NV, BH BIKES EUROPE SL, Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., Grimaldi Industri AB, Klever Mobility Europe GmbH, Merida Industry Co. Ltd., Specialized Bicycle Components Inc., and Trek Bicycle Corp. are some of the major market participants.
Backed with competitive intelligence and benchmarking, our research reports on the high-end bicycle market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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High-End Bicycle Market 2021-2025: Key Highlights
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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