Bicycle Parts and Accessories Market Scope
Bicycle parts and accessories include the seat, frame, wheels, handlebars, brakes, cycle pumps, cycle trainers, cycle computers, and others. The growing bicycle industry is the major driver for the bicycle parts and accessories market.
The Bicycle Parts and Accessories market study is segmented by Type (Bicycle Parts (Seat, Wheels, Others) and Bicycle Accessories (Cycle Backpacks, Cycle Baskets, Others)) and major geographies with country level break-up.
Global Bicycle Parts and Accessories is a fragmented market due to the presence of various players. The companies are planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Shimano (Japan), Campagnolo (Italy), Burley Design (United States), SunTour (Taiwan), Kona Bicycle Company (United States), Giant Bicycles (Taiwan), SOMA Fabrications (United States), Raleigh Bicycle Company (United Kingdom), Bicycle Technologies International (United States) and Trek Bicycle Corporation (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Bicycle Parts and Accessories market by Type, Application and Region.
On the basis of geography, the market of Bicycle Parts and Accessories has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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).
- Growing Production as well as Popularity of Bicycles
- Growing Peoples Preference towards Riding Bicycles
- Consumer Awareness towards Cycling Benefits for Good Health
- Increasing Demand for Bicycles can create Opportunities for the Bicycle Parts and Accessories Market Growth
- Volatile Raw Material Prices
- Regulatory Guidelines on the Bicycles
Key Target AudienceBicycle Parts and Accessories Manufacturers, Suppliers, and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others