The Sports Bicycle Market size was estimated at USD 15.65 billion in 2022 and expected to reach USD 16.94 billion in 2023, at a CAGR 8.40% to reach USD 29.83 billion by 2030.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Sports Bicycle Market.

  • Based on Product Type, market is studied across Cyclo-cross Bicycles, Mountain Bicycles, Road Racing Bicycles, and Track Racing Bicycles. The Mountain Bicycles commanded largest market share of 34.77% in 2022, followed by Cyclo-cross Bicycles.

  • Based on Application, market is studied across Offline Retail and Online Retail. The Offline Retail commanded largest market share of 96.94% in 2022, followed by Online Retail.

  • Based on End User, market is studied across Adult’s Sports Bicycle and Kids Sports Bicycle. The Adult’s Sports Bicycle commanded largest market share of 85.54% in 2022, followed by Kids Sports Bicycle.

  • Based on Vendor Type, market is studied across Aftermarket and OEM. The OEM commanded largest market share of 72.54% in 2022, followed by Aftermarket.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 33.85% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Sports Bicycle Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Sports Bicycle Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Sports Bicycle Market, highlighting leading vendors and their innovative profiles. These include Accell Group, Diamondback Bicycles, Dorel Sports by Pon Holdings, F.I.V. E. Bianchi S.p.A., Firmstrong Bikes, Fuji-ta Bicycle Co., Ltd., Giant Manufacturing Co. Ltd., GT Bicycles, Hero Cycles Limited, Jenson USA, Kona Bikes, Marin Mountain Bikes Inc., Merida Industry Co. Ltd., Pedego Electric Inc., Pon Holdings BV, Pure Fix Cycles, LLC, Redline Bicycles, Santa Cruz Bicycles, LLC, SCOTT Sports SA, Seven Cycles, Inc., Shimano, Inc., TII, Trek Bicycle Corporation, and Yadea Group Holdings Ltd..

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast for the Sports Bicycle Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Sports Bicycle Market?
  3. What is the competitive strategic window for identifying opportunities in the Sports Bicycle Market?
  4. What are the latest technology trends and regulatory frameworks in the Sports Bicycle Market?
  5. What is the market share of the leading vendors in the Sports Bicycle Market?
  6. Which modes and strategic moves are suitable for entering the Sports Bicycle Market?