BICYCLE AND COMPONENTS MARKET ANALYSIS

Bicycle and Components Market, by Application (Mountain Bike, Road Bike, City Bike, Electric Bike, Children Bike and Others), by Technology (Continuous Fiber Composites, Discontinuous Fiber Composites and Metals), by Component (Rims, Frames, Saddles and Other Components), and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Key Developments

Key companies in the market are focused on mergers and acquisitions, in order to gain competitive edge in the market. For instance, in January 2019, Dorel Industries, Inc. acquired Hot Wheels and Circle Bikes, a U.K.-based company.
Key players in the market are involved in product launch, in order to enhance their product portfolio. For instance, in March 2018, Trek Bikes, a U.S.-based bikes manufacturer, introduced 34 bicycle models in India Market across categories hybrid and mountain in premium and super-premium segments.