Bicycle Components and Accessories Market Size to Reach US$ 33 Billion In Revenues by 2030 | Shimano, Giant Bicycles, SRAM, DT Swiss, Tektro, Campagnolo

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Global Bicycle Components and Accessories Market: Segmental and Market Share Analysis

• On the basis of product, the component segment led the overall market in 2022, accounting for more than 60% of total revenue, and is expected to rise significantly throughout the forecast period.

• Based on bicycle type, road bicycle segment accounted for the largest revenue share of 35% in 2022 due to increase in popularity of basic bicycles.

Report Synopsis

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Competition Analysis and Market Structure

Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global Bicycle Components and Accessories market include,

• In November 2022, Thousand, a manufacturer of antique and creative cycling helmets and safety equipment, launched Ride Shop, a digital shopping experience that offers discounts on the most often recommended and purchased safety gear.

Some of the prominent players and suppliers operating and contributing significantly to the global Bicycle Components and Accessories market growth include Shimano Inc., SRAM LLC, Campagnolo S.r.l., Giant Manufacturing Co., Ltd., Trek Bicycle Corporation, Specialized Bicycle Components, Inc., Merida Industry Co., Ltd., Fox Factory Holding Corp., Accell Group N.V., and Thule Group AB, among others.

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RationalStat has segmented the global Bicycle Components and Accessories market based on product, bicycle type, sales channel, and region

• Global Bicycle Components and Accessories Market Value (US$ Million), Volume (Thousand Units), and Market Share (2019-2030) Analysis by Product

  • Components

  • Brakes

  • Cranksets

  • Bottom Bracket

  • Casette

  • Chain

  • Wheel

  • Saddles

  • Front Hub

  • Free Hub

  • Dual Control Lever

  • Speed/Gear Shifter

  • Brake Lever

  • Derailleur

  • Rear Derailleur

  • Front Derailleur

    • Disc Brake Rotor

    • Pedal

    • Others

  • Bicycle Accessories

    • Helmets

    • Eyewear

    • Apparels

    • Gloves

    • Socks

    • Others

    • Lights

    • Footwear

• Global Bicycle Components and Accessories Market Value (US$ Million), Volume (Thousand Units), and Market Share (2019-2030) Analysis by Bicycle Type

  • Road Bicycles

  • Leisure Bicycles

  • MTBs

  • E-bikes

  • Utility Bicycles

  • Others

• Global Bicycle Components and Accessories Market Value (US$ Million), Volume (Thousand Units), and Market Share (2019-2030) Analysis by Sales Channel

  • Offline

  • Brand Stores

  • Local Retailers

  • Online

  • E-commerce Websites

  • Company-owned Websites

• Global Bicycle Components and Accessories Market Value (US$ Million), Volume (Thousand Units), and Market Share (2019-2030) Analysis by Region

  • North America Bicycle Components and Accessories Market Analysis and Forecast, 2019-2030

  • Latin America Bicycle Components and Accessories Market Analysis and Forecast, 2019-2030

    • Brazil

    • Mexico

    • Rest of Latin America

  • Western Europe Bicycle Components and Accessories Market Analysis and Forecast, 2019-2030

    • Germany

    • UK

    • France

    • Spain

    • Italy

    • Benelux

    • Nordic

    • Rest of Western Europe

  • Eastern Europe Bicycle Components and Accessories Market Analysis and Forecast, 2019-2030

    • Russia

    • Poland

    • Hungary

    • Other CIS Countries

    • Rest of Eastern Europe

  • Asia Pacific Bicycle Components and Accessories Market Analysis and Forecast, 2019-2030

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • ASEAN

      • Indonesia

      • Thailand

      • Philippines

      • Vietnam

      • Malaysia

      • Rest of ASEAN

    • Rest of Asia Pacific

  • Middle East & Africa Bicycle Components and Accessories Market Analysis and Forecast, 2019-2030

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Key Questions Answered in the Bicycle Components and Accessories Report:

• What will be the market value of the global Bicycle Components and Accessories market by 2030?

• What is the market size of the global Bicycle Components and Accessories market?

• What are the market drivers of the global Bicycle Components and Accessories market?

• What are the key trends in the global Bicycle Components and Accessories market?

• Which is the leading region in the global Bicycle Components and Accessories market?

• What are the major companies operating in the global Bicycle Components and Accessories market?

• What are the market shares by key segments in the global Bicycle Components and Accessories market?

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.

• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.

• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.

• Evaluating and analyzing the data by referring to data sources utilized and leveraged.

• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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