Market Overview:
The global bicycle brake components market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bicycles across the globe, owing to their advantages such as low cost, easy portability, and environment-friendly nature. In addition, technological advancements in brake components are also propelling the growth of this market. The global bicycle brake components market is segmented on the basis of type into spoon brakes, duck brakes, rim brakes, disc brakes, drum brakes, coaster brakes and drag breaks. Among these types, disc braking systems are expected to witness highest growth during the forecast period due to their high performance and safety features compared with other types of braking systems. Furthermore; rising adoption of disc braking system in mountain bikes is also fuelling its demand globally. On the basis of application; road bikes accounted for majority share in 2017.
Product Definition:
Bicycle brake components are the parts of a bicycle that provide braking power. There are many different types of brake components, but all perform the same basic function: applying friction to the wheel in order to slow or stop the bike. The most common type of brake component is a caliper brake, which uses two pads to squeeze against the wheel rim and create friction. Other types of brakes include cantilever brakes, disc brakes, and V-brakes.
The importance of bicycle brake components cannot be overstated. Without them, it would be impossible to stop a bike while riding it; this could lead to serious accidents and injuries. Good braking performance is therefore essential for safe cycling.
Spoon Brake:
The spoon brake is a hand-operated lever, which is used to apply the brakes on wheeled vehicles. The device consists of two metal spoons or handles connected by a bent piece of wire or cable. The user applies the brakes by pushing the bent piece of wire/cable, which in turn actuates the rear caliper and causes it to grab hold of both wheels simultaneously. This braking method can be applied to vehicles with fixed or freewheel drive systems.
Duck Brake:
Duck brake is a mechanical device used to halt or slow down a vehicle. It is also known as the parking brake, handbrake, or emergency brake. The duck-shaped lever on the bicycle's handlebar controls the front wheel brakes and can be released by pressing a button on its side.
The market for duck brakes has been growing in recent years due to increased demand from consumers looking for safe braking system in their vehicles and bicycles.
Application Insights:
Road bikes accounted for the largest market share of more than 50% in 2017. The road bike category includes racing, standard, cruiser and hybrid bikes. These are high performance bicycles that are designed for long-distance riding with a heavy load capacity. Road biking is very popular in countries such as Netherlands, Belgium and Germany where roads have been constructed with wide lanes and few traffic signs to facilitate a faster pace of travel by cyclists. Countries such as China, Japan and U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing production of bicycles in this region, coupled with growing popularity of cycling as a sport. Increasing number of manufacturers in Asia Pacific owing to low manufacturing cost is also anticipated to boost product demand over the forecast period. Europe accounted for more than 25% share of global revenue in 2017 owing to high bicycle ownership rate and rising consumer preference for premium quality bicycles equipped with advanced safety features such as disc brakes, hydraulic rim brakes, and other innovative technologies.
North America market was valued at USD X million in 2017 due to presence of key players such as Avid Disc Brake Corporation; Magura Ltd.; TRP Inc.; Sram GmbH; Cane Creek Suspension Company Inc.
Growth Factors:
- Increasing demand for bicycles from the developing countries as a result of increasing population and rising income levels.
- Growing popularity of cycling as a mode of transportation due to its health benefits and environmental friendly nature.
- Technological advancements in brake components that improve the performance, safety, and durability of bicycles.
- Rising awareness about the importance of wearing bicycle helmets for safety reasons among cyclists worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bicycle Brake Components Market Research Report
By Type
Spoon Brake, Duck Brake, Rim Brake, Disc Brake, Drum Brake, Coaster Brake, Drag Brake, Band Brake
By Application
Road Bikes, Sports Bikes, Hybrid Bikes, Mountain Bikes
By Companies
Maxway Cycles, INT'L CORP, Shimano, SRAM Corporation, Magura, Fibrax, Hayes Disc Brake, TRP CYCLING COMPONENTSS, Promax Components, Galfer, Maxway Cycles
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Bicycle Brake Components Market Report Segments:
The global Bicycle Brake Components market is segmented on the basis of:
Types
Spoon Brake, Duck Brake, Rim Brake, Disc Brake, Drum Brake, Coaster Brake, Drag Brake, Band Brake
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Road Bikes, Sports Bikes, Hybrid Bikes, Mountain Bikes
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Maxway Cycles
- INT'L CORP
- Shimano
- SRAM Corporation
- Magura
- Fibrax
- Hayes Disc Brake
- TRP CYCLING COMPONENTSS
- Promax Components
- Galfer
- Maxway Cycles
Highlights of The Bicycle Brake Components Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Spoon Brake
- Duck Brake
- Rim Brake
- Disc Brake
- Drum Brake
- Coaster Brake
- Drag Brake
- Band Brake
- By Application:
- Road Bikes
- Sports Bikes
- Hybrid Bikes
- Mountain Bikes
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bicycle Brake Components Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bicycle brake components are the hardware that attaches to the bike and helps you stop. There are two types of brakes: rim brakes and disc brakes. Rim brakes use a metal band around the wheel to slow or stop your bike. Discs use pads on either side of the wheel that push against each other when you apply pressure, slowing or stopping your bike quickly.
Some of the key players operating in the bicycle brake components market are Maxway Cycles, INT'L CORP, Shimano, SRAM Corporation, Magura, Fibrax, Hayes Disc Brake, TRP CYCLING COMPONENTSS, Promax Components, Galfer, Maxway Cycles.
The bicycle brake components market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bicycle Brake Components Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bicycle Brake Components Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bicycle Brake Components Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bicycle Brake Components Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bicycle Brake Components Market Size & Forecast, 2018-2028
4.5.1 Bicycle Brake Components Market Size and Y-o-Y Growth
4.5.2 Bicycle Brake Components Market Absolute $ Opportunity
Chapter 5 Global Bicycle Brake Components Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bicycle Brake Components Market Size Forecast by Type
5.2.1 Spoon Brake
5.2.2 Duck Brake
5.2.3 Rim Brake
5.2.4 Disc Brake
5.2.5 Drum Brake
5.2.6 Coaster Brake
5.2.7 Drag Brake
5.2.8 Band Brake
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bicycle Brake Components Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bicycle Brake Components Market Size Forecast by Applications
6.2.1 Road Bikes
6.2.2 Sports Bikes
6.2.3 Hybrid Bikes
6.2.4 Mountain Bikes
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bicycle Brake Components Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bicycle Brake Components Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bicycle Brake Components Analysis and Forecast
9.1 Introduction
9.2 North America Bicycle Brake Components Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bicycle Brake Components Market Size Forecast by Type
9.6.1 Spoon Brake
9.6.2 Duck Brake
9.6.3 Rim Brake
9.6.4 Disc Brake
9.6.5 Drum Brake
9.6.6 Coaster Brake
9.6.7 Drag Brake
9.6.8 Band Brake
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bicycle Brake Components Market Size Forecast by Applications
9.10.1 Road Bikes
9.10.2 Sports Bikes
9.10.3 Hybrid Bikes
9.10.4 Mountain Bikes
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bicycle Brake Components Analysis and Forecast
10.1 Introduction
10.2 Europe Bicycle Brake Components Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bicycle Brake Components Market Size Forecast by Type
10.6.1 Spoon Brake
10.6.2 Duck Brake
10.6.3 Rim Brake
10.6.4 Disc Brake
10.6.5 Drum Brake
10.6.6 Coaster Brake
10.6.7 Drag Brake
10.6.8 Band Brake
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bicycle Brake Components Market Size Forecast by Applications
10.10.1 Road Bikes
10.10.2 Sports Bikes
10.10.3 Hybrid Bikes
10.10.4 Mountain Bikes
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bicycle Brake Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bicycle Brake Components Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bicycle Brake Components Market Size Forecast by Type
11.6.1 Spoon Brake
11.6.2 Duck Brake
11.6.3 Rim Brake
11.6.4 Disc Brake
11.6.5 Drum Brake
11.6.6 Coaster Brake
11.6.7 Drag Brake
11.6.8 Band Brake
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bicycle Brake Components Market Size Forecast by Applications
11.10.1 Road Bikes
11.10.2 Sports Bikes
11.10.3 Hybrid Bikes
11.10.4 Mountain Bikes
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bicycle Brake Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Bicycle Brake Components Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bicycle Brake Components Market Size Forecast by Type
12.6.1 Spoon Brake
12.6.2 Duck Brake
12.6.3 Rim Brake
12.6.4 Disc Brake
12.6.5 Drum Brake
12.6.6 Coaster Brake
12.6.7 Drag Brake
12.6.8 Band Brake
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bicycle Brake Components Market Size Forecast by Applications
12.10.1 Road Bikes
12.10.2 Sports Bikes
12.10.3 Hybrid Bikes
12.10.4 Mountain Bikes
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bicycle Brake Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bicycle Brake Components Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bicycle Brake Components Market Size Forecast by Type
13.6.1 Spoon Brake
13.6.2 Duck Brake
13.6.3 Rim Brake
13.6.4 Disc Brake
13.6.5 Drum Brake
13.6.6 Coaster Brake
13.6.7 Drag Brake
13.6.8 Band Brake
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bicycle Brake Components Market Size Forecast by Applications
13.10.1 Road Bikes
13.10.2 Sports Bikes
13.10.3 Hybrid Bikes
13.10.4 Mountain Bikes
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bicycle Brake Components Market: Competitive Dashboard
14.2 Global Bicycle Brake Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Maxway Cycles
14.3.2 INT'L CORP
14.3.3 Shimano
14.3.4 SRAM Corporation
14.3.5 Magura
14.3.6 Fibrax
14.3.7 Hayes Disc Brake
14.3.8 TRP CYCLING COMPONENTSS
14.3.9 Promax Components
14.3.10 Galfer
14.3.11 Maxway Cycles
