Road Bikes Market

The global Road Bikes market was valued at 20.18 Million USD in 2021 and will grow with a CAGR of 5.55% from 2021 to 2027, based on Research newly published report.

The prime objective of Road Bikes Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Road Bikes Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Road Bikes is used to describe bicycles built for traveling at speed on paved roads. Some sources use the term to mean racing bicycle. Other sources specifically exclude racing bicycles from the definition, using the term to mean a bicycle of a similar style but built more for endurance and less the fast bursts of speed desired in a racing bicycle; as such, they usually have more gear combinations and fewer hi-tech racing features.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%.

By Market Verdors:

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

By Types:

Aluminum Road Bike

Carbon Fiber Road Bike

By Applications:

Transportation Tools

Racing

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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