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Bicycle and Road Bike Market, Global Outlook and Forecast 2023-2030

The global Bicycle and Road Bike market was valued at US$ 4302.5 million in 2022 and is projected to reach US$ 5348.6 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Bicycle and Road Bike, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bicycle and Road Bike. This report contains market size and forecasts of Bicycle and Road Bike in global, including the following market information:

Global Bicycle and Road Bike Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Bicycle and Road Bike Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Bicycle and Road Bike companies in 2022 (%)

Global road bikes key players include Giant, Trek, Merida, Hero Cycles, etc. Global top four manufacturers hold a share over 35%.
Europe is the largest market, with a share over 30%, followed by Asia-Pacific, and North America, both have a share over 50 percent.
In terms of product, aluminum road bike is the largest segment, with a share over 70%. And in terms of application, the largest application is transportation Tools, followed by racing.
We surveyed the Bicycle and Road Bike manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bicycle and Road Bike Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Bicycle and Road Bike Market Segment Percentages, by Type, 2022 (%)

by Control
Electric
Conventional
by Materials
Aluminum
Carbon Fiber
Others

by Size

20 Inch
24 Inch
26 Inch
27 Inch
Others

Global Bicycle and Road Bike Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Bicycle and Road Bike Market Segment Percentages, by Application, 2022 (%)

Transportation Tools
Recreation
Racing
Physical Training
Others

Global Bicycle and Road Bike Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Bicycle and Road Bike Market Segment Percentages, By Region and Country, 2022 (%)

North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bicycle and Road Bike revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bicycle and Road Bike revenues share in global market, 2022 (%)
Key companies Bicycle and Road Bike sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Bicycle and Road Bike sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

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
Gazelle
Dorel Industries
TI Cycles
Bridgestone Cycle
Forever
Pacific Cycles
Samchuly Bicycle
Emmelle
Avon Cycles
Tianjin Battle
Flying Pigeon
Libahuang
Specialized
Trinx Bikes
DAHON
Cycoo

Outline of Major Chapters:

Chapter 1: Introduces the definition of Bicycle and Road Bike, market overview.
Chapter 2: Global Bicycle and Road Bike market size in revenue and volume.
Chapter 3: Detailed analysis of Bicycle and Road Bike manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bicycle and Road Bike in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bicycle and Road Bike capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.