Global Road Bikes Market Research Report 2020
The global average price of Road Bikes is in the increasing trend, from 401 USD/Unit in 2012 to 432 USD/Unit in 2016. With the development of technology, prices will be in increasing trend in the following several years.
The classification of Road Bikes includes Aluminum Bike, Carbon Fiber Bike, etc. by materials. The proportion of Aluminum Bike in 2016 is about 73.42%, and the proportion is in slowly decreasing trend from 2012 to 2016.
Road Bikes is widely used in personal recreation and bicycle racing. The most proportion of Road Bikes is personal recreation, with market share of 80.24% in 2016. The trend of Building Construction is slowly decreasing.
South Region is the largest consumption place due to the largest population, with a consumption market share nearly 46.47% in 2016. Following South Region, West Region and Northeast Region take the second and third largest place with the consumption market share of 20.84% and 19.63%.
Market Analysis and Insights: Global Road Bikes Market
The global Road Bikes market is valued at 2358.8 million US$ in 2020 is expected to reach 3468.7 million US$ by the end of 2026, growing at a CAGR of 5.6% during 2021-2026.
Global Road Bikes Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Market Segment Analysis
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2015 to 2026. Application segment also provides consumption during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Aluminum Road Bike
Carbon Fiber Road Bike
Segment by Application
Global Road Bikes Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Road Bikes market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Road Bikes Market:
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.
The major players in the market include Giant, Trek, Hero Cycles, Merida, Fuji Bikes, Xidesheng Bicycle, Accell, Specialized, Cannondale, Cube, OMYO, Shanghai Phonex, Grimaldi Industri, Trinx Bikes, Scott Sports, Derby Cycle, LOOK, Atlas, Laux Bike, KHS, etc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.