Market Study of Bicycles of United States of America


Posted July 1, 2019 by zeitbike

Bicycle accessories are usual features in a bike that counts for the safety and comfort of the rider. Apart from that, they also make the bike look nice and eye-catching.
 
Bicycles have been used as a mode of transport since earlier times. Now the tables have turned and the bicycles are not just the mode of transport but also a mode to fitness. This industry has grown and is continuously growing in the past decades. Apart from the fitness point of view, most people who are opting for bikes rather than fuel transportation, they are contributing to the betterment of the environment. People from all income groups are opting for bicycles to commute and to reduce CO2 emissions. Despite having a huge market of cyclists, the cycles are transported from outside regions especially from Taiwan and China. It also has a large market for buying Bicycle accessories online which includes the best bicycle tire.

Although, the USA has its own brands like Zeit Bicycles, GT bikes, Trek Bicycle Corporations. A market rise has been seen when the USA imports bikes from China and Taiwan. This has happened because of the increased import prices of e-bikes. Though, America has never used an e-bike before. Government has been promoting the use of bikes and has been enlisting the benefits of the usage of bikes. Due to this, a considerable increase in cyclist has been seen.

Bicycles range from very low to very high. It depends on person to person on how they want to invest in a certain brand of bike. A market share increase of 5.71% will be seen in the coming years. A lot of parts are imported from outside the US including Panaracer tour tires, phone mounts, tail lights, gloves, and other essentials. Bicycle accessories are usual features in a bike that counts for the safety and comfort of the rider. Apart from that, they also make the bike look nice and eye-catching.

After thorough research, it was found that the bicycle accessories were fitted after they come in the market. So that means it is not necessary to purchase the bike with all the mounted accessories. The replacements of the bicycles have also seen an increase as people tend to replace the empty style bikes. This affects the market and the overall economy. Low labor cost should be implemented along with the increase in the manufacture of affordable products in the developed regions to create growth opportunities in the market of bicycle accessories in the coming years. Also, bike servicing should be an option too. The affordability of the bikes will increase the overall purchase in the market as people will be readily buying bikes and will be contributing to the betterment of the environment.

Website: https://www.zeitbike.com

Address - 318 Graves Ave, Oxnard, CA 93030 USA

Call us - 8776122212

Email us: [email protected]
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Issued By ZeitBike
Business Address 318 Graves Ave, Oxnard, CA 93030 USA
Country United States
Categories Marketing , News , Services
Tags best bicycle tire , bicycle accessories online , panaracer tour tires
Last Updated July 1, 2019