Rise in Crude Oil Prices Expected to Drive Bicycle Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit A bicycle is a pedal-driven & single-track vehicle. It is an imperishable sort of transport. It is environment-friendly. It is available at affordable prices and is healthy as well. It is continue to be the primary means of transportations for many regions in the world. There are many parts of a bicycle such as gears, brakes, pedals, wheels and many more that support in the movement of a bicycle. It can help persons to move from one place to another without consuming fuel of any form for instance petrol, coal, diesel, and many more that can cause pollution, thus saving precious natural resources. According to study, “Bicycle Market By Type (e-bikes and conventional bikes), Application (racing, transportation tools and recreation) and Region (North America, Europe and Asia Pacific (APAC)) – Global Forecast 2023” the key companies operating in the bicycle market are Accell Group, Moustache Bikes, Merida, Tianjin Fuji-ta Group Co., Ltd., Trek Bicycle Corporation, Avon Cycles, Derby Cycle Corp., Hero Cycles Limited, F.I.V.E. Bianchi SpA, Tube Investments of India Limited, specialized Bicycle Components, Easy Motion USA, Cannondale Bicycle Corp., Atlas Cycles Ltd., Bell Sports Corp., Campagnolo S.r.l, Cycleurope AB, Currie Technologies Inc., Hamilton Industries Ltd., NYCeWheels Inc., Caloi Inc., Giant Bicycles Inc.. Key companies are launching innovative bicycles & accessories, which will lead to a significant market growth. Based on type, bicycle market is segmented into road bicycles, all terrain bicycles, hybrid bicycles, e-bicycles and others. Based on distribution channel, market is segmented into specialty stores, online channel, sporting goods retailers, outdoor & toys specialty goods retailers, and others. Based on technology, market is segmented into conventional and electric. Based on design, market is segmented into racing bicycles, touring cycles, fixed gear bicycles, and cruisers. Based on price, market is segmented into low-range price, mid-range price and premium. Based on gender type, market is segmented into men, women and kids. The men segment holds major market share due to rise in number of men opting to use bicycles for short distance trips, because of its easy use, cost saving for individuals and absence of noise pollution. In addition, based on application, market is segmented into recreation, racing and transportation tools. The bicycle market is driven by rise in crude oil prices, followed by increase in popularity of e-bikes among tourists, growth in use of bicycles for entertainment & leisure purposes, and rise in government initiatives & stringent emission regulations. However, underdeveloped charging & aftermarket service infrastructure and high prices of e-bikes & their batteries may impact the market. Moreover, growth in government initiatives for the construction of cycle lanes is a key opportunity for market. Based on geography, the Asian-Pacific region dominates the bicycle market owing to growth in popularity of sporting activities and surge in need for controlling traffic congestion caused by urbanization in the region. The North-American and European regions are projected to witness higher growth rate due to setup of public bicycle rental programs and rise in demand of bicycles over the forecast period. It is expected that the market will be reached at rapid pace on account of rise in consumer’s health consciousness & fit lifestyle during the forecast period. To know more, click on the link below:- Global Bicycle Market Research Report Related Reports:- Global Bicycles and Other Cycles (Not Motorized) Market Report 2019, Competitive Landscape, Trends and Opportunities Global Bicycle Child Carrier Trailers Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Tags: Accell Group Bicycle Market, Avon Cycles Trek Bicycle Corporation Bicycle Market, Báo cáo nghiên cứu thị trường xe đạp toàn cầu, Canada Bicycle Market, China Bicycle Market, Derby Cycle Cannondale Bicycle Market, Easy Motion USA Bicycle Market, Europe Bicycle Market, F.I.V.E. 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Ltd, Tube Investments of India Limited Bicycle Market, UK Bicycle Market, US Bicycle Market, Έκθεση έρευνας παγκόσμιας αγοράς ποδηλάτων, Отчет об исследовании мирового рынка обуви, تقرير أبحاث سوق الدراجات العالمي, グローバル自転車市場調査レポート, 全球自行车市场研究报告