Last Updated: 06-04-2026 | Format: PDF | Report ID:21641 | Author: Ankit
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | $27,500 Million |
| What is the projected market size by 2035? | $52,400 Million |
| What is the market CAGR from 2025 to 2035? | 6.7% |
| Which region dominates the market? | APAC (46%) |
| Which product/service type dominates the market? | Mountain Bikes (28%) |
| Which application leads the market? | Personal (34%) |
| Who are the major buyers? | Individuals (42%), Professional Sports (20%) |
| What are the key market growth drivers? | Rising demand for e-bikes and electric gear shifting in urban areas; Government incentives for green transportation and cycling infrastructure expansion |
| What are the major market challenges? | High upfront costs for electric and smart bikes; Supply chain disruptions and component shortages experienced by companies like Merida Industry amid ongoing geopolitical and logistics uncertainties |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| What is the forecast period? | 2026–2035 |
| Who are the key market players? | Giant Manufacturing Co. Ltd., Trek Bicycle Corporation, Merida Industry Co., Ltd., Accell Group, Dorel Industries Inc., Specialized Bicycle Components, Inc., Scott Sports SA, Derby Cycle AG, Pon Holdings BV, Cube Bikes, Shimano Inc., Hero Cycles Ltd., Accell Group NV, Giant Bicycles, Kona Bicycle Company |
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