Rising Urbanization, Congestion and Sustainability are majorly Driving the Rising Demand for Bicycles all over United States
According to Goldstein Research,
United States bicycle industry is anticipated to reach USD 9.88 billion by
2025, expanding at a CAGR of 5.70% during the forecast period, 2017-2025. The
US has always been an attractive market for bicycle industry but it got
stagnated over the past few decades. But the bicycle industry in the US has
revived & is considered as one of the largest markets in the world. In
2017, US accounted for 134 million cyclists. Although top bicycle manufacturers
in the world such as Trek Bicycle Corporation, Specialized Bicycle Components,
Inc. and GT Bicycles are located in the US the majority of a bicycle is
imported from China & Taiwan. Further, the government in the US is also
witnessed to push the growth of bicycles in order to maintain a healthy
lifestyle among the people & to decrease the carbon emission.
For market research on Bicycle
Industry in United States, visit:
Market Segmentation
On the basis of our in-depth
analysis, United StatesBicycle 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)
Analysis of US Bicycle Market analysis by
Goldstein Research contains a detailed overview of the United States bicycle
industry. The report highlights the competitive outlook of major United States
players that includes business strategies, product portfolio, revenue
distribution, financial analysis, R&D activities, and investments. The
in-depth analysis of bicycle industry report will help the clients to assess
their business strategies as per the competitive environment in the market
space.
Major players of the United States
bicycle industry discussed in the report are: Giant, Trek Bicycle Corporation,
Scott Sports SA, Specialized Bicycle Components, Inc., Bianchi,
CicliPinarelloS.p.A., Colnago Ernesto & C. S.r.l., Cannondale Bicycle
Corporation, GT Bike, Merida Bicycle, Santa Cruz Bicycles, Schwinn, Piaggio&
Co. SpA, Atala spa, Accell Group, canyon bicycles,etc.
Further, the report encompasses the
major trends & growth opportunities, market dynamics, and other growth
factors. The Bicycle Industry outlook also comprises of key challenges for
the market players, risk analysis, SWOT Analysis, BPS analysis, and Market
Attractiveness. The report also includes the expert analysis which provides a
complete overview of the market post analysis of the economic, political,
environmental & social factors of each region and country.
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