Bicycle Components Market to Top US$ 50 Bn Valuation by 2030; Supply Chain Disruptions Due to COVID-19 Outbreak Affecting Market Growth - Persistence Market Research - Seite 2

"Bicycles will continue to be used in future because they act as a tool to reshape mobility with very little effort.  The future of bicycles will be dominated by digital technologies, which will make their way into every bicycle component and provide ultimate riding satisfaction," says a PERSISTENCE MARKET RESEARCH analyst.

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Market Landscape Continues to Remain Fairly Fragmented

The global bicycle components market is fairly fragmented at global and regional levels. Tier-1 manufacturers account for one-fifth of the market share in the global market. Some of the leading players included in the report are SRAM LLC, Shimano Inc, Giant Manufacturing Co. Ltd, and Dorel Industries Inc. To gain a competitive advantage in this space, market participants are involved in B2B networking with bicycle manufacturers, investments in R&D, promotion at cycling events, partnerships, product innovation, and acquisition activities to achieve market growth.

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The research report bicycle components market published by Persistence Market Research analyzes market demand trends of the product on a value and volume basis. The report contains global industry analysis of 2015–2019 and opportunity assessment for 2020–2030. The report provides in-depth analysis of the bicycle components market through different segments - component, bicycle, sales channel, and region. The bicycle components market report also provides supply and demand trends, pricing trends, cost structure, and market presence of leading manufacturers, along with an overview of the parent market.

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Browse End-to-end Market: Automotive

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Bicycle Tire Market: https://www.persistencemarketresearch.com/market-research/bicycle-tire-market.asp

Bicycle Brake Cable Market: https://www.persistencemarketresearch.com/market-research/bicycle-brake-cable-market.asp

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