Racing bike is used to describe bicycles or motor bike that are built for traveling at speed on paved roads. These bicycles are built with more endurance and less the fast bursts for the desired speed. Therefore, racing bikes usually have more gear combinations and fewer hi-tech racing features. Fad for racing is increasing rapidly, hence driving the growth of the racing bike market.This growth is primarily driven by Increasing craze of bike racing and Increment in count of tournaments held worldwide.
Globally, a noticeable market trend is evident Increase in the use of folding electric bike
. Major Vendors, such as Giant Bicycles Inc. (China), Atlas Cycles Ltd. (India), Derby Cycle Holding GmbH (Germany), Trek Bicycle Corporation (United States), Avon Cycles Ltd. (India), Zhonglu Co., Ltd. (China), Tube Investments of India Limited (India), Dorel Industries Inc. (Canada), Merida Industry Co., Ltd. (China), Tandem Group plc (United Kingdom), Samchuly Bicycle Co., Ltd. (South Korea), F.I.V.E. Bianchi S.p.A. (Italy) and Specialized Bicycle Components (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Accell Group has successfully completed the expansion of its minority stake in Velosophy BV to 100%. With the acquisition, Accell Group accelerates its innovation strategy
- Increasing craze of bike racing
- Increment in count of tournaments held worldwide
- Increase in the use of folding electric bike
- Technological advancement in the bike
- High cost
- Lack of the infrastructure
Launching innovative bicycles and accessories and Adoption Branding strategy in bike racing
Expenses with biking and Other substitutes available for biking or in place of biking
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Racing Bike Study Sheds Light on
The Racing Bike Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Racing Bike industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Racing Bike industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.