Global Bicycle Parts and Accessories Market 2023 Held the Largest Share in Upcoming Years by 2030

PRESS RELEASE

Published August 13, 2023

Introducing our latest market research triumph Global “Bicycle Parts and Accessories Market” 2023 | New Report | (122 Pages Report) pages of in-depth analysis, this report uncovers the intricacies of the [Automobile and Transportation] Industry within the [Market Type - Transmission Parts, Frame and Forks Parts, Wheel Parts, Steering Components, Others] industry.From market size, share, and growth trends to identifying key drivers, restraints, and opportunities, our report is your compass for strategic decisions. Whether you're an industry insider or newcomer, this comprehensive analysis equips you to navigate the dynamic landscape with confidence and seize every growth opportunity.

“According to the Market Research Report, the Bicycle Parts and Accessories market is expected to surpass USD 6546.5 Million by 2028, which is an increase from its current value of USD 5636 Million in 2022. This growth is projected to have a compound annual growth rate (2.1%) between 2023 and 2028.” Ask for a Sample Report

In today's fast-paced business world, it's essential to stay informed about the latest trends and identify potential threats and opportunities to stay ahead of the competition. In this report, we will explore the importance of keeping up with key industry trends and provide tips on how you can quickly build competitive intelligence. For example, if you notice a growing demand for a particular product or service, you can adjust your offerings accordingly to our Bicycle Parts and Accessories market research report. It also Recognize areas of growth and opportunities within the market, Aid decision-making using both historical and projected data, Formulate strategies based on anticipated future developments and attain a global perspective on market development.

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The following key players in the competitive landscape should be evaluated:

Several up-and-coming companies are constantly seeking innovative ways to attract more customers. These companies also invest in research and development to explore novel techniques.

Shimano
SRAM
Fox Factory Holding
Campagnolo
HL CORP
GIANT
DT SWISS
Prowheel
MERIDA
Dorel Industries
Eastman Industries Limited
Colnago

Global Bicycle Parts and Accessories Market Overview:

The Bicycle Parts and Accessories market in the Asia-Pacific, North-America, South-America, Europe, Middle East and South Africa and Asia Pacific region is projected to achieve a significant CAGR during the forecast period of 2022 to 2028.
Growth of CAGR: The Bicycle Parts and Accessories market is expected to grow by approximately 2.1% during the period of 2022 to 2028.
Bicycle Parts and Accessories Market Types: The global Bicycle Parts and Accessories market is divided into segments, with Transmission Parts, Frame and Forks Parts, Wheel Parts, Steering Components, Others being the largest contributor to this market.
Bicycle Parts and Accessories Market Applications: The Mountain Bicycles, Road Bicycles, Others segment was the leading contributor to the Bicycle Parts and Accessories market in terms of applications, generating USD 5636 Million in 2022, and is projected to reach USD 6546.5 Million by 2028.

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Rising Demand in Bicycle Parts and Accessories Market:

The global demand for Bicycle Parts and Accessoriess is increasing every year due to the development of highly efficient and technologically advancements, such as Transmission Parts, Frame and Forks Parts, Wheel Parts, Steering Components, Others, which offer long-term functionality. This trend is fueling growth in the global Bicycle Parts and Accessories market Size.

Competitive Landscape of Bicycle Parts and Accessories Market:

Conducting a competitive analysis can provide valuable insights into businesses that are vying for the same target audience. This is crucial in establishing a competitive advantage that can generate consistent revenue. During the analysis, it is important to identify competitors based on their product lines or services as well as their market segments.

Market Analysis and Insight:

Bicycle Parts and Accessories are a general term for all parts and accessories of bicycles. According to the structural frame of the bicycle body, it can be divided into several categories: transmission parts, frame and forks parts, wheel parts, steering components, and so on.

Global Bicycle Parts and Accessories main players include Shimano, SRAM, Fox Factory Holding, Campagnolo, HL CORP, GIANT, DT SWISS, Prowheel, MERIDA, Dorel Industries, Eastman Industries Limited, Colnago, etc., totally accounting for about 80%. Japan is the largest market, with a share over 58%. As for the types of products, it can be divided into transmission parts, frame and forks parts, wheel parts, steering components and others. The most common product is steering components, with a share over 28%. In terms of applications, it is widely used in mountain bicycles, road bicycles and others. The most application is in mountain bicycles, with a share over 26%.

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Global Bicycle Parts and Accessories Market Segmentation:

The market research report for the Bicycle Parts and Accessories industry has divided the worldwide projection mapping market into different segments based on the type, application, and region. In 2022, the Bicycle Parts and Accessories market was dominated by the regular segment due to its increased usage. The conventional segment dominated the largest market share in nature analysis and accounted for the largest revenue share in the Bicycle Parts and Accessories market in 2022. The B2B segment dominated the largest market share in end-user type analysis. Europe, Asia, North America, South America and Middle East areas dominated the market with the highest revenue share.

Global Bicycle Parts and Accessories Market Types:

The Most interesting area of the global Bicycle Parts and Accessories market is market types.

Transmission Parts
Frame and Forks Parts
Wheel Parts
Steering Components
Others

Global Bicycle Parts and Accessories Market Application:

Mountain Bicycles
Road Bicycles
Others

COVID-19 Impact on Bicycle Parts and Accessories Market:

Due to the COVID-19 pandemic, there has been an increased demand for Bicycle Parts and Accessories in various industries to reduce operational costs, improve efficiency, and minimize maintenance. On the other hand, the adoption and investment in Bicycle Parts and Accessories has continued to rise in sectors like Automobile and Transportation, where it enhances the overall customer experience, leading to growth in the Bicycle Parts and Accessories market. Additionally, the pandemic has highlighted the significance of Bicycle Parts and Accessories in all types of businesses, thus having a positive impact on the global Bicycle Parts and Accessories market.

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Global Bicycle Parts and Accessories Market Drivers and Restraints: -

Drivers:

Many Consumers are using Bicycle Parts and Accessories as a substitute, the primary factors affecting the demand for Bicycle Parts and Accessories globally are a rise in consumer demand. Throughout the forecasted period, the demand for a Bicycle Parts and Accessories market boosting all over the world. Also, this research report helps to driving business growth.

Restraints:

The Bicycle Parts and Accessories playing crucial role in Automobile and Transportation industry growing in billions around the world. Especially which area highly growing and which player dominating in this industry to be found in this research report. In some areas of the Automobile and Transportation business, this may reduce the demand.

Regional Analysis Outlook Covered in Bicycle Parts and Accessories Market Research Report:

North America

U.S.
Canada

Europe

U.K.
Germany
France
Italy
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

Latin America

Brazil
Mexico
Argentina

Middle East and South Africa

UAE
Saudi Arabia
South Africa

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Key Questions Answered in the Bicycle Parts and Accessories Market are:

Who are the players in the market?
What are the main drivers, growth/decline factors, and challenges?
How is the industry expected to evolve in the forecast period?
What are the consumption patterns in various regions?
Which product types and areas of application are expected to experience significant demand in the near future?
What factors make the market a good long-term investment?
What strategies are the top firms using to gain market share in mature markets?

Key Offerings:

Industry Size and Revenue Projections for 2023-2028
Industry Dynamics, including Emerging Trends, Growth Drivers, and Investment Opportunities
In-depth Industry Segmentation by Application, Type, and Region
Competitive Analysis, featuring Top Competitors and other Leading Players.

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Detailed TOC of Global Bicycle Parts and Accessories Market Report 2023:

1 Bicycle Parts and Accessories Market Overview
1.1 Bicycle Parts and Accessories Product Overview
1.2 Bicycle Parts and Accessories Market Segment by Type
1.2.1 Transmission Parts
1.2.2 Frame and Forks Parts
1.2.3 Wheel Parts
1.2.4 Steering Components
1.2.5 Others
1.3 Global Bicycle Parts and Accessories Market Size by Type
1.3.1 Global Bicycle Parts and Accessories Market Size Overview by Type (2016-2027)
1.3.2 Global Bicycle Parts and Accessories Historic Market Size Review by Type (2016-2021)
1.3.2.1 Global Bicycle Parts and Accessories Sales Breakdown in Volume by Type (2016-2021)
1.3.2.2 Global Bicycle Parts and Accessories Sales Breakdown in Value by Type (2016-2021)
1.3.2.3 Global Bicycle Parts and Accessories Average Selling Price (ASP) by Type (2016-2021)
1.3.3 Global Bicycle Parts and Accessories Forecasted Market Size by Type (2022-2027)
1.3.3.1 Global Bicycle Parts and Accessories Sales Breakdown in Volume by Type (2022-2027)
1.3.3.2 Global Bicycle Parts and Accessories Sales Breakdown in Value by Type (2022-2027)
1.3.3.3 Global Bicycle Parts and Accessories Average Selling Price (ASP) by Type (2022-2027)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Bicycle Parts and Accessories Sales Breakdown by Type (2016-2021)
1.4.2 Europe Bicycle Parts and Accessories Sales Breakdown by Type (2016-2021)
1.4.3 Asia-Pacific Bicycle Parts and Accessories Sales Breakdown by Type (2016-2021)
1.4.4 Latin America Bicycle Parts and Accessories Sales Breakdown by Type (2016-2021)
1.4.5 Middle East and Africa Bicycle Parts and Accessories Sales Breakdown by Type (2016-2021)

2 Global Bicycle Parts and Accessories Market Competition by Company
2.1 Global Top Players by Bicycle Parts and Accessories Sales (2016-2021)
2.2 Global Top Players by Bicycle Parts and Accessories Revenue (2016-2021)
2.3 Global Top Players Bicycle Parts and Accessories Price (2016-2021)
2.4 Global Top Manufacturers Bicycle Parts and Accessories Manufacturing Base Distribution, Sales Area, Product Type
2.5 Bicycle Parts and Accessories Market Competitive Situation and Trends
2.5.1 Bicycle Parts and Accessories Market Concentration Rate (2016-2021)
2.5.2 Global 5 and 10 Largest Manufacturers by Bicycle Parts and Accessories Sales and Revenue in 2020
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) and (based on the Revenue in Bicycle Parts and Accessories as of 2020)
2.7 Date of Key Manufacturers Enter into Bicycle Parts and Accessories Market
2.8 Key Manufacturers Bicycle Parts and Accessories Product Offered
2.9 Mergers and Acquisitions, Expansion

3 Bicycle Parts and Accessories Status and Outlook by Region
3.1 Global Bicycle Parts and Accessories Market Size and CAGR by Region: 2016 VS 2021 VS 2026
3.2 Global Bicycle Parts and Accessories Historic Market Size by Region
3.2.1 Global Bicycle Parts and Accessories Sales in Volume by Region (2016-2021)
3.2.2 Global Bicycle Parts and Accessories Sales in Value by Region (2016-2021)
3.2.3 Global Bicycle Parts and Accessories Sales (Volume and Value) Price and Gross Margin (2016-2021)
3.3 Global Bicycle Parts and Accessories Forecasted Market Size by Region
3.3.1 Global Bicycle Parts and Accessories Sales in Volume by Region (2022-2027)
3.3.2 Global Bicycle Parts and Accessories Sales in Value by Region (2022-2027)
3.3.3 Global Bicycle Parts and Accessories Sales (Volume and Value), Price and Gross Margin (2022-2027)

4 Global Bicycle Parts and Accessories by Application
4.1 Bicycle Parts and Accessories Market Segment by Application
4.1.1 Mountain Bicycles
4.1.2 Road Bicycles
4.1.3 Others
4.2 Global Bicycle Parts and Accessories Market Size by Application
4.2.1 Global Bicycle Parts and Accessories Market Size Overview by Application (2016-2027)
4.2.2 Global Bicycle Parts and Accessories Historic Market Size Review by Application (2016-2021)
4.2.2.1 Global Bicycle Parts and Accessories Sales Breakdown in Volume, by Application (2016-2021)
4.2.2.2 Global Bicycle Parts and Accessories Sales Breakdown in Value, by Application (2016-2021)
4.2.2.3 Global Bicycle Parts and Accessories Average Selling Price (ASP) by Application (2016-2021)
4.2.3 Global Bicycle Parts and Accessories Forecasted Market Size by Application (2022-2027)
4.2.3.1 Global Bicycle Parts and Accessories Sales Breakdown in Volume, by Application (2022-2027)
4.2.3.2 Global Bicycle Parts and Accessories Sales Breakdown in Value, by Application (2022-2027)
4.2.3.3 Global Bicycle Parts and Accessories Average Selling Price (ASP) by Application (2022-2027)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Bicycle Parts and Accessories Sales Breakdown by Application (2016-2021)
4.3.2 Europe Bicycle Parts and Accessories Sales Breakdown by Application (2016-2021)
4.3.3 Asia-Pacific Bicycle Parts and Accessories Sales Breakdown by Application (2016-2021)
4.3.4 Latin America Bicycle Parts and Accessories Sales Breakdown by Application (2016-2021)
4.3.5 Middle East and Africa Bicycle Parts and Accessories Sales Breakdown by Application (2016-2021)

5 North America Bicycle Parts and Accessories by Country
5.1 North America Bicycle Parts and Accessories Historic Market Size by Country
5.1.1 North America Bicycle Parts and Accessories Sales in Volume by Country (2016-2021)
5.1.2 North America Bicycle Parts and Accessories Sales in Value by Country (2016-2021)
5.2 North America Bicycle Parts and Accessories Forecasted Market Size by Country
5.2.1 North America Bicycle Parts and Accessories Sales in Volume by Country (2022-2027)
5.2.2 North America Bicycle Parts and Accessories Sales in Value by Country (2022-2027)

6 Europe Bicycle Parts and Accessories by Country
6.1 Europe Bicycle Parts and Accessories Historic Market Size by Country
6.1.1 Europe Bicycle Parts and Accessories Sales in Volume by Country (2016-2021)
6.1.2 Europe Bicycle Parts and Accessories Sales in Value by Country (2016-2021)
6.2 Europe Bicycle Parts and Accessories Forecasted Market Size by Country
6.2.1 Europe Bicycle Parts and Accessories Sales in Volume by Country (2022-2027)
6.2.2 Europe Bicycle Parts and Accessories Sales in Value by Country (2022-2027)

7 Asia-Pacific Bicycle Parts and Accessories by Region
7.1 Asia-Pacific Bicycle Parts and Accessories Historic Market Size by Region
7.1.1 Asia-Pacific Bicycle Parts and Accessories Sales in Volume by Region (2016-2021)
7.1.2 Asia-Pacific Bicycle Parts and Accessories Sales in Value by Region (2016-2021)
7.2 Asia-Pacific Bicycle Parts and Accessories Forecasted Market Size by Region
7.2.1 Asia-Pacific Bicycle Parts and Accessories Sales in Volume by Region (2022-2027)
7.2.2 Asia-Pacific Bicycle Parts and Accessories Sales in Value by Region (2022-2027)

8 Latin America Bicycle Parts and Accessories by Country
8.1 Latin America Bicycle Parts and Accessories Historic Market Size by Country
8.1.1 Latin America Bicycle Parts and Accessories Sales in Volume by Country (2016-2021)
8.1.2 Latin America Bicycle Parts and Accessories Sales in Value by Country (2016-2021)
8.2 Latin America Bicycle Parts and Accessories Forecasted Market Size by Country
8.2.1 Latin America Bicycle Parts and Accessories Sales in Volume by Country (2022-2027)
8.2.2 Latin America Bicycle Parts and Accessories Sales in Value by Country (2022-2027)

9 Middle East and Africa Bicycle Parts and Accessories by Country
9.1 Middle East and Africa Bicycle Parts and Accessories Historic Market Size by Country
9.1.1 Middle East and Africa Bicycle Parts and Accessories Sales in Volume by Country (2016-2021)
9.1.2 Middle East and Africa Bicycle Parts and Accessories Sales in Value by Country (2016-2021)
9.2 Middle East and Africa Bicycle Parts and Accessories Forecasted Market Size by Country
9.2.1 Middle East and Africa Bicycle Parts and Accessories Sales in Volume by Country (2022-2027)
9.2.2 Middle East and Africa Bicycle Parts and Accessories Sales in Value by Country (2022-2027)

10 Company Profiles and Key Figures in Bicycle Parts and Accessories Business
10.1 Shimano
10.1.1 Shimano Corporation Information
10.1.2 Shimano Introduction and Business Overview
10.1.3 Shimano Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.1.4 Shimano Bicycle Parts and Accessories Products Offered
10.1.5 Shimano Recent Development
10.2 SRAM
10.2.1 SRAM Corporation Information
10.2.2 SRAM Introduction and Business Overview
10.2.3 SRAM Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.2.4 SRAM Bicycle Parts and Accessories Products Offered
10.2.5 SRAM Recent Development
10.3 Fox Factory Holding
10.3.1 Fox Factory Holding Corporation Information
10.3.2 Fox Factory Holding Introduction and Business Overview
10.3.3 Fox Factory Holding Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.3.4 Fox Factory Holding Bicycle Parts and Accessories Products Offered
10.3.5 Fox Factory Holding Recent Development
10.4 Campagnolo
10.4.1 Campagnolo Corporation Information
10.4.2 Campagnolo Introduction and Business Overview
10.4.3 Campagnolo Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.4.4 Campagnolo Bicycle Parts and Accessories Products Offered
10.4.5 Campagnolo Recent Development
10.5 HL CORP
10.5.1 HL CORP Corporation Information
10.5.2 HL CORP Introduction and Business Overview
10.5.3 HL CORP Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.5.4 HL CORP Bicycle Parts and Accessories Products Offered
10.5.5 HL CORP Recent Development
10.6 GIANT
10.6.1 GIANT Corporation Information
10.6.2 GIANT Introduction and Business Overview
10.6.3 GIANT Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.6.4 GIANT Bicycle Parts and Accessories Products Offered
10.6.5 GIANT Recent Development
10.7 DT SWISS
10.7.1 DT SWISS Corporation Information
10.7.2 DT SWISS Introduction and Business Overview
10.7.3 DT SWISS Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.7.4 DT SWISS Bicycle Parts and Accessories Products Offered
10.7.5 DT SWISS Recent Development
10.8 Prowheel
10.8.1 Prowheel Corporation Information
10.8.2 Prowheel Introduction and Business Overview
10.8.3 Prowheel Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.8.4 Prowheel Bicycle Parts and Accessories Products Offered
10.8.5 Prowheel Recent Development
10.9 MERIDA
10.9.1 MERIDA Corporation Information
10.9.2 MERIDA Introduction and Business Overview
10.9.3 MERIDA Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.9.4 MERIDA Bicycle Parts and Accessories Products Offered
10.9.5 MERIDA Recent Development
10.10 Dorel Industries
10.10.1 Company Basic Information, Manufacturing Base and Competitors
10.10.2 Bicycle Parts and Accessories Product Category, Application and Specification
10.10.3 Dorel Industries Bicycle Parts and Accessories Sales, Revenue, Price and Gross Margin (2016-2021)
10.10.4 Main Business Overview
10.10.5 Dorel Industries Recent Development
10.11 Eastman Industries Limited
10.11.1 Eastman Industries Limited Corporation Information
10.11.2 Eastman Industries Limited Introduction and Business Overview
10.11.3 Eastman Industries Limited Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.11.4 Eastman Industries Limited Bicycle Parts and Accessories Products Offered
10.11.5 Eastman Industries Limited Recent Development
10.12 Colnago
10.12.1 Colnago Corporation Information
10.12.2 Colnago Introduction and Business Overview
10.12.3 Colnago Bicycle Parts and Accessories Sales, Revenue and Gross Margin (2016-2021)
10.12.4 Colnago Bicycle Parts and Accessories Products Offered
10.12.5 Colnago Recent Development

11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Bicycle Parts and Accessories Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Bicycle Parts and Accessories Industrial Chain Analysis
11.4 Bicycle Parts and Accessories Market Dynamics
11.4.1 Industry Trends
11.4.2 Market Drivers
11.4.3 Market Challenges
11.4.4 Market Restraints

12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Bicycle Parts and Accessories Distributors
12.3 Bicycle Parts and Accessories Downstream Customers

13 Research Findings and Conclusion

14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer

Continued…

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