360° Coverage : Lucintel’s Analysis of Global Bicycle Industry: Government...

1 Updates

Lucintel’s Analysis of Global Bicycle Industry: Government Initiatives and Growing Fitness Consciousness to Drive Industry Growth During 2013-18

Mar 29 2014, 2:15am CDT | by

Irving, TX, March 29, 2014 --(PR.com)-- The global bicycle industry is expected to witness moderate growth over the next five years and reach an estimated $64.1 billion by 2018. Growing fitness...

Filed under: news

YouTube Videos

 
 
 

21 weeks ago

Lucintel’s Analysis of Global Bicycle Industry: Government Initiatives and Growing Fitness Consciousness to Drive Industry Growth During 2013-18

Mar 29 2014, 2:15am CDT | by

Irving, TX, March 29, 2014 --(PR.com)-- The global bicycle industry is expected to witness moderate growth over the next five years and reach an estimated $64.1 billion by 2018. Growing fitness consciousness among people, rising energy prices, growing congestion due to increasing population and the number of cars on roads is expected to drive the bicycle industry over the next five years.

Lucintel, a leading global management consulting and market research firm, has analyzed the global bicycle industry and presents its findings in “Global Bicycle Industry 2013-2018:Trends, Profit, and Forecast Analysis.” The industry is highly fragmented with top player capturing approximately 4% of the industry share. Competitive rivalry in the industry is high. Domestic manufacturers face huge competition from Chinese low-cost bicycles.

The bicycle manufacturing industry comprises companies primarily engaged in manufacturing all kinds of bicycles, including electric bicycles, parts, and accessories. Shimano, Giant Manufacturing Co. Ltd., Merida Industry Co. Ltd., Accell Group, and Dorel Industries are the major players in this industry.

The growth of cycling as a leisure activity and due to growing environmental concerns by consumers, bicycles are emerging as an alternative for shorter distance transportation that causes no pollution. The industry, however, faces some challenges such as rising raw material costs and the increasing demand and popularity of motor bikes. Government initiatives to promote cycling in order to reduce carbon emissions and noise pollution are a strong growth driver. In addition, bicycles’ energy efficiency, coupled with cycling as a fitness activity, will help propel demand during the forecast period.

This study provides an overview of the global bicycle industry and tracks industry performance in four regions. The report studies manufacturers serving this segment, providing a five-year annual trend analysis that highlights market size, profit, and cost structure for North America, Europe, Asia Pacific, and the Rest of World regions. The report also provides a forecast, addressing market opportunities for five years for each region. This report represents industry size from the consumption aspect. More than 80% of the industry sales are generated by private players.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.

Lucintel’s services include: Capability, Strategic Growth Consulting, Mergers & Acquisitions, Due Diligence, Capital Investment Analysis, Opportunity Screening and Analysis, Industry / Market Analysis, Target Screening, Customer Experience, Business Diagnostic & Implementation, Business Plan, Technology & Innovation Assessment, Value Creation, Visibility Engagement.

Contact Information:
Lucintel
Roy Almaguer
+1-972-636-5056
Contact via Email
http://www.lucintel.com/contactus.aspx
Fax: +1-877-883-5140

Read the full story here: http://www.pr.com/press-release/549771

Press Release Distributed by PR.com

Source: PR.com

 

Don't miss ...

 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

$7 bn Mars rocket set for 2018 debut: NASA
Washington, Aug 28 (IANS) The National Aeronautics and Space Administration (NASA) has announced to launch its $7 billion Space Launch System (SLS) - the heavy-lift, exploration class rocket under development to take humans beyond earth and eventually to Mars - by November 2018.
 
 
Miami to have 1,000 feet observation tower
Miami, Aug 28 (IANS/EFE) The voters of Miami in the US have approved a proposal by a real estate promoter to build a 1,000 feet high observation tower here.
 
 
Ebola epidemic to get worse: health official
London, Aug 28 (IANS) The Ebola outbreak in West Africa will get worse before it gets better, said a top public health official, the BBC reported Thursday.
 
 
12 Indian firms among Forbes Asia's Fabulous 50
Washington, Aug 28 (IANS) A dozen Indian firms figure in this year's Forbes Asia's Fabulous 50 list of the region's best big publicly traded companies with HDFC Bank making the list more times than any other company.
 
 
 

Latest from the Network

Bangladesh still winless after rain wrecks T20
Basseterre (St. Kitts), Aug 28 (IANS/CMC) Only 28 deliveries were possible as rain wrecked the one-off Twenty20 International between the West Indies and Bangladesh here. Bangladesh were cruising at 31 without loss...
Read more on Sport Balla
 
$7 bn Mars rocket set for 2018 debut: NASA
Washington, Aug 28 (IANS) The National Aeronautics and Space Administration (NASA) has announced to launch its $7 billion Space Launch System (SLS) - the heavy-lift, exploration class rocket under development to take...
Read more on Apple Balla
 
Miami to have 1,000 feet observation tower
Miami, Aug 28 (IANS/EFE) The voters of Miami in the US have approved a proposal by a real estate promoter to build a 1,000 feet high observation tower here. Sixty-nine percent of the voters approved the plans of...
Read more on Business Balla
 
Ebola epidemic to get worse: health official
London, Aug 28 (IANS) The Ebola outbreak in West Africa will get worse before it gets better, said a top public health official, the BBC reported Thursday. Tom Frieden, director of the US-based Centres for Disease...
Read more on Business Balla
 
12 Indian firms among Forbes Asia's Fabulous 50
Washington, Aug 28 (IANS) A dozen Indian firms figure in this year's Forbes Asia's Fabulous 50 list of the region's best big publicly traded companies with HDFC Bank making the list more times than any other company....
Read more on Business Balla
 
First gay sailor of Chilean navy
London, Aug 28 (IANS) A sailor in Chile has become the first serving member of the Chilean armed forces to announce he is gay, the BBC reported Thursday. Mauricio Ruiz, 24, said his decision had "not been easy", but...
Read more on Politics Balla
 
Pakistani cleric ends talks with government
Islamabad, Aug 28 (IANS) Pakistan Awami Tehreek leader Tahir-ul-Qadri Thursday announced he was ending dialogue with the government as his demands were not accepted. Qadri, whose supporters have staged an anti-...
Read more on Politics Balla
 
Verona sign Brazilian midfielder Campanharo
Rio de Janeiro, Aug 28 (IANS) Hellas Verona have signed midfielder Gustavo Campanharo on a season-long loan from Brazilian club Bragantino. In a statement on their official website, the Italian Serie A outfit said the...
Read more on Sport Balla
 
Huntington-Whiteley loves making creative decision
London, Aug 28 (IANS) Supermodel Rosie Huntington-Whiteley has enjoyed indulging her creative tendencies since leaving Victoria's Secret. Huntington-Whiteley has revealed that working with British high street store...
Read more on Celebrity Balla
 
Holmes offers $1,000 reward for return of Suri's pet
Los Angeles, Aug 28 (IANS) Actress Katie Holmes has reportedly offered a $1000 reward for the safe return of her daughter's pet dog following its disappearance. Suri's new new Chihuahua, Honey, went missing Sunday....
Read more on Celebrity Balla