European Bicycle market is Set to Reach USD 23.36 Billion by 2025


Posted March 6, 2019 by Steveblade

On-road bicycle market that holds 32.4% market share dominated the European Bicycle Market in 2016 owing to the rising sales of bicycle for fitness & casual purpose.
 
According to Goldstein Research, With the advancement of technology, trend of bicycle was reduced in Europe for couple of decades, but its popularity is rebounding on account of the health priorities and environmental concerns to reduce CO2 emissions. The increasing urbanization, congestion and sustainability are majorly driving the rising demand for bicycles all over Europe. European bicycle market report by Goldstein Research includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion of business in developed and as well as in developing countries across the globe.
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Market Segmentation
On the basis of our in-depth analysis, Europe bicycle industry can be segmented as follows:
By Product Type
• On-Road (Endurance, Fitness, City, etc.)
• X-Road (Adventure, Cyclocross, etc.)
• Off-Road (Race, Trail, Gravity, etc.)
• E-Bicycles
By Pricing Model
• Low Cost Products
• Medium Cost Products
• High End Products (Customized or luxury Brands)
By Distribution Channel
• Online Distribution Channel
• Offline Distribution Channel
By Business Model
• Business to Business (B2B)
• Business to Consumer (B2C)
European Bicycle industry market report contains detailed overview of the Europe bicycle industry. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, market attractiveness, BPS (Base Point Scale) analysis, risk analysis, Porter’s five force model and SWOT analysis. This market research report also includes competitive outlook of some of the major players profiling of companies such as CHINT Group Corporation, JA Bicycle Holdings, Sungrow Power Supply Co. Ltd, Jinniu Energy, Europe Sunergy, Hanwha BicycleOne etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report embodies the Europe bicycle industry trends along with market estimates that will aid industry consultants, technology providers, existing players and new market players probing for opportunities and other stakeholders to positions their market centred strategies according to the evolving and expected trends in the future.
Browse Full Report: https://www.goldsteinresearch.com/report/europe-bicycle-industry-analysis
Key queries answered in this European bicycle market report
• What is the Europe bicycle market size by 2025 and what would be the expected growth rate of the industry?
• What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
• What are the bicycle industry trends?
• What are the factors which are driving this industry?
• What are the major barriers to bicycle industry growth?
• Who are the key vendors in this industry space?
• What are the industry opportunities for the existing and entry level players?
• What are the recent developments and business strategy of the key players?
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts are working on automotive industry analysis to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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Tags european_bicycle_market
Last Updated March 6, 2019