What is Bicycle Pumps Market?
A bicycle pump is a kind of positive-displacement air pump machine explicitly intended for inflating bike tires. It has an association or connector for use with either of the two most basic sorts of valves utilized on bikes, Schrader or Presta
The market study is being classified by Type (E/V, F/V and A/V), by Application (Mountain Bike, Road Bike-Racing and Other) and major geographies with country level break-up.
Blackburn Design (United States), Giyo (Taiwan), Lezyne(United States), Silca (Italy), Specialized (United States), Bike-Parts(United States), BioLogic(United States), Campagnolo (Italy), DT Swiss (Switzerland) and Finish Line (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Genuine Innovations (United States), Manitou (France), Park Tool (United States), Peak (United Kingdom) and Planet Bike (United States).
The global Bicycle Pumps market is fragmented due to the presence of manufacturers at the global and regional levels. The level of competition among the companies in the Bicycle Pumps market is intense and providers focus on developing new technologies and offering customization to the customers. During the coming years, a number of companies will also follow partnership, merger, acquisition, and other strategies to sustain in this competitive market. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Bicycle Pumps market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Bicycle Pumps market by Type, Application and Region.
On the basis of geography, the market of Bicycle Pumps 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The shift of end users are increasingly seeking for engaging themselves in various physical activities including bicycling
- Focus toward more active lifestyles is driving the demand for leisure activities, such as running and cycling across the world
- Increasing online sales channel
- Increasing adoption of tubeless tires bicycles
- The growing demand for Bicycle Pumps in Emerging regions such as Asia-Pacific
- High competition between manufacturers
In April 2019 Xiaomi officially introduced its product named MIJIA Bicycle Pump for USD30. These MIJIA Bicycle Pump featuring a built-in lithium battery, tire pressure detection, pressure preset, and various other functions and is crafted cylinders from alloy using high-precision technology.
Key Target AudienceNew Entrants/Investors, Analysts And Strategic Business Planners, Bicycle Pumps Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, And Distributors, Venture Capitalists And Private Equity Firms, Government Regulatory And Research Organizations and End-Use Industry
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