Global Luxury Bicycles Market Overview:
Cycling is very popular these days. It's the cheapest mode of transportation that not only keeps you away from high fuel and pollution prices that damage the ozone layer but also keeps you healthy and full of energy. Some people ride bikes just for fun, others because of their passion for being professional cyclists. It is an innovative idea to use bicycles and to protect yourself and the environment. Some of the bikes offer everything from Swarovski to gold while others customize aerodynamics which reinvents the wheels. Some of these supercycles attract bikers and collectors alike and have created a new kind of riding story. Bicycling has become a popular activity across different cultures and geographic regions, giving brands a tremendous opportunity, even for those previously unrelated to cycling. Luxury brands in particular are designing bicycles with opulent features, including high-tech elements. By expanding the brand to include bicycles, luxury brands can both benefit from the growing bicycle market and serve brand-loyal customers with a new product.
- Rising Awareness About Healthy Lifestyle
- Rising Awareness About Urban Pollution and Traffic
- A Rise in Disposable Income
- There is a Rising Need for Foldable Luxury Bikes
- Expensive Maintenance of Luxury Bikes
- Increase in The Research and Technological Innovation
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.
Some of the key players profiled in the report are Trek (United States), Bastion (United States), Lord Bike (United States), Moulton (United States), Moustache Bikes (France), Cicli Mattio (Italy), Montante (United States), Moynat (France), LIOS Bikes (United Kingdom), B2G Bikes (Switzerland), Keim (Germany) and Giant (Malaysia). Additionally, following companies can also be profiled that are part of our coverage like Stromer (Switzerland) and Petrini (United States). Analyst at AMA Research see European Vendors to retain maximum share of Global Luxury Bicycles market by 2026. Considering Market by Technology, the sub-segment i.e. Electric will boost the Luxury Bicycles market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Luxury Bicycles market. Considering Market by End-Users, the sub-segment i.e. Men will boost the Luxury Bicycles market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Luxury Bicycles market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Luxury Bicycles market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Luxury Bicycles, Suppliers and Distributors of Luxury Bicycles, Venture Capitalists and Private Equity Firms and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.