Global Bicycle and Components Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Bicycle and Components market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Bicycle and Components market."
In order to lower the pollution levels, government in various countries are increasingly encouraging adoption of bicycles as a short mode of transportation. As the need for eco-friendly mode of commutation remains high, demand for bicycles will continue to increase significantly. The ruling authorities in various countries are encouraging adoption of bicycles as a public transport in metro stations and bus stands. In addition, growing need for riding bicycles to maintain health and fitness will continue to fuel growth of the global bicycle components market.   
Rising adoption of cycling as a fun and fitness activity is a key factor boosting the bicycle and components market. Cycling helps stimulate physical and mental health, and rising consumer acceptance that this activity fosters health and well-being is aiding the growth of this market. Cycling is increasingly being adopted as a recreation activity that individuals indulge into with friends and family. Health practitioners worldwide recommend cycling as an aerobic activity, and serves as preventive care against several diseases such as stroke, heart attack, some cancers, and depression. Cycling is considered to be an effective activity to reduce or maintain weight as a preventive against several lifestyle diseases. 
Expansion of retail bicycle sector has also been a key factor bolstering the bicycle and components market. The emergence of specialty bicycle retailers, sporting goods stores, and mass merchants is expected to provide a significant boost to the growth of this market. The emergence of online sales as a significant retailing channel is anticipated to take the bicycle and components market to new heights. In addition, emergence of outdoor specialty stores that have enhanced visibility of bicycles among shoppers is likely to boost sales of bicycles globally.

The global Bicycle and Components market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Bicycle and Components volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bicycle and Components market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Giant Bicycles
    Atlas Cycles
    Avon Cycles
    Cannondale Bicycle Corporation
    Accell Group
    Caloi
    Merida Industry
    Currie Technologies
    Dorel
    Shimano
    SunTour

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Rims
    Saddles
    Frames

Segment by Application
    Mountain Bikes
    Road Bikes
    City Bikes
    Electric Bikes
    Children Bikes
    Others