Global BMX Bikes Market Overview:
BMX bikes are the sort of cycle racing for a fun ride and thrashing around. These bikes need to be strong, durable, lightweight responsive and easily transportable. It is a bicycle used for transportation tools, BMX racing, and BMX performance. Their compact frame makes them suitable for kids, but for adults, especially taller adults more of the riding will be standing up to reach higher speeds. Some of the key players profiled in the study are Accell Group (Netherlands), Estern Bike (United States), Framed Bikes (United States), Haro (United States), Micargi (United States), Razor (United States), Subrosa (United States), Colnago (Italy) and DAHON (United States).
On the basis of geography, the market of BMX Bikes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Cycle Brake Type, the sub-segment i.e. Direct-Pull Brakes will boost the BMX Bikes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase in the Inclination for BMX Bikes over Motor Vehicles
- Due to Environment Concern High Demand in Developing Countries
- Increase in Sports Activities and Sports Tournaments
- Rising Preference for the Bicycle as an Exercise
- Fluctuations in Prices of Raw Materials
- Increasing Consumer Inclination towards Fuel Conservation
- Adoption of Advanced Bicycles and Lightweight Bicycles
- Lack of Infrastructure in Developing Countries
- Availability of Substitute Product in Bicycle
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Target Audience:Manufacturers of BMX Bikes, Suppliers of BMX Bikes, Wholesalers, Distributors and Retailers of BMX Bikes, Raw Material Suppliers, End-Users and Potential Investors
Major Objectives Focused through this Study To define, describe, and forecast the Global BMX Bikes market on the basis of product [18 Inch BMX Bikes, 20 Inch BMX Bikes, 22 Inch BMX bikes, 24 Inch BMX Bikes and Others] , application [Transportation Tools, BMX Racing and BMX Performance], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the BMX Bikes market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the BMX Bikes industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Flying Pigeon (China), Glant (United States) and Merida (Germany).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the BMX Bikes market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.