Market Overview:
The global bike riding gears 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 popularity of cycling as a mode of transportation and recreation. Additionally, the growing awareness about the health benefits associated with cycling is also propelling the demand for bike riding gears worldwide. The global bike riding gears market can be segmented on the basis of type, application, and region. On the basis of type, helmets, armors, apparels, and other biking gear products are included in this study. Helmets are expected to account for a major share in terms of revenue in 2018 owing to their increasing adoption by cyclists for safety purposes. Apparels are also anticipated to witness significant growth during the forecast period due to their growing popularity among cyclists for comfort and style reasons. By application, commuter & recreation applications accounted for majority share in 2017 and is projected register highest CAGR over next 10 years owing rising trend among people towards adopting cycling as an everyday commute option across world . Sport games was second largest application segment with significant revenue contribution followed by other applications such as tourism & sightseeing , military use etc .Regionally North America commanded largest revenue share followed by Europe while Asia Pacific is projected exhibit highest CAGR over next 10 years . Some key players operating in global Bike Riding Gears Market includes Shimano Inc., Fox Head Inc., Giro Sport Design LLC.
Product Definition:
Bike riding gears are the different levels of resistance that a cyclist can use while pedaling. They are used to make the ride easier or harder, depending on the gear being used.
These correspond to how many times your pedal needs to turn in order for the wheel to spin once. For example, if you're using gear 3, then it will take three pedal revolutions for the wheel to spin once.
Helmets:
Helmets are used by bike riders to protect themselves from injuries that may occur in the event of a fall. The market for helmets is expected to witness significant growth over the forecast period owing to rising awareness regarding road safety and increasing incidences of fatal accidents caused by lack of precaution, excessive alcohol consumption, and failure to wear protective gear.
Armors:
An armor is a protective device for the body which can protect from injuries caused by accidents or physical harm. There are different types of armors such as soft, hard and hybrid armors. The most common type of armor used in bike riding gears is soft armor which provides protection to the rider’s stomach, chest and backside from sharp edges or puncture wounds caused by road debris or shrapnel during an accident.
Application Insights:
The sport games application segment dominated the global market in 2017. This is attributed to increasing popularity of cycling as a recreational activity and growing number of participants taking part in various sports games organized on roads and off-road biking tracks across the globe. In addition, increasing government initiatives for promoting road safety among children are also expected to boost industry growth over the forecast period.
The commuter & recreation application segment is expected to witness significant growth over the forecast period owing to rising urbanization leading people towards bicycle as a convenient mode of transport for short trips within cities or between nearby towns or cities. Furthermore, countries such as China have been encouraging their citizens towards using bicycles for transportation purposes due to increased investment by local governments in building dedicated bike lanes on major roads across China which has further boosted industry expansion over recent years.
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 awareness regarding bike riding, growing popularity of various sports including mountain biking and road cycling, availability of a large number of manufacturers in countries such as China, India, Thailand and Indonesia. Moreover, increasing disposable income levels coupled with rising urbanization are projected to provide growth opportunities for this industry over the next eight years.
Europe accounted for more than 25% share in terms of revenue in 2017 owing to high demand from countries such as France Germany Italy U.K., Spain among others which have a long history associated with bike riding activities on roadsides or tracks. North America is also expected witness significant growth due to rise in interest towards outdoor sports activities especially road cycling events including Tour de France and Ronde van Vlaanderen-Bike Classic that take place every year across U.S.
Growth Factors:
- Increasing popularity of cycling as a mode of transportation for short and long distances
- Rising health awareness among people and the need to stay fit, which is driving demand for cycling gears
- Government initiatives to promote cycling as a means of reducing traffic congestion and pollution levels
- Growing number of online stores that sell biking gears, making it easier for consumers to purchase them
- Advances in biking gear technology that are making them more comfortable and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Bike Riding Gears Market Research Report
By Type
Helmets, Armors, Apparels, Other
By Application
Commuter & Recreation, Sport Games
By Companies
Vista Outdoor, Dorel, Giant, Trek Bicycle, KASK, Mavic, Merida, Specialized, Uvex, Scott Sports, Vista Outdoor, MET, ABUS, POC, Urge, Lazer, Louis Garneau, Strategic Sports, LAS helmets, Fox Racing, Limar, Orbea, Rudy Project, Moon Helmet, SenHai Sports Goods
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
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Bike Riding Gears Market Report Segments:
The global Bike Riding Gears market is segmented on the basis of:
Types
Helmets, Armors, Apparels, Other
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
Commuter & Recreation, Sport Games
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:
- Vista Outdoor
- Dorel
- Giant
- Trek Bicycle
- KASK
- Mavic
- Merida
- Specialized
- Uvex
- Scott Sports
- Vista Outdoor
- MET
- ABUS
- POC
- Urge
- Lazer
- Louis Garneau
- Strategic Sports
- LAS helmets
- Fox Racing
- Limar
- Orbea
- Rudy Project
- Moon Helmet
- SenHai Sports Goods
Highlights of The Bike Riding Gears 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:
- Helmets
- Armors
- Apparels
- Other
- By Application:
- Commuter & Recreation
- Sport Games
- 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 Bike Riding Gears 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.
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- Correctly Positioning New 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?
Bike riding gears are the components of a bicycle that allow it to be ridden. Gears can be found on both the front and rear wheels of a bike, and work together to rotate the bike.
Some of the key players operating in the bike riding gears market are Vista Outdoor, Dorel, Giant, Trek Bicycle, KASK, Mavic, Merida, Specialized, Uvex, Scott Sports, Vista Outdoor, MET, ABUS, POC, Urge, Lazer, Louis Garneau, Strategic Sports, LAS helmets, Fox Racing, Limar, Orbea, Rudy Project, Moon Helmet, SenHai Sports Goods.
The bike riding gears 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 Bike Riding Gears 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 Bike Riding Gears Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bike Riding Gears 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 Bike Riding Gears 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 Bike Riding Gears Market Size & Forecast, 2018-2028
4.5.1 Bike Riding Gears Market Size and Y-o-Y Growth
4.5.2 Bike Riding Gears Market Absolute $ Opportunity
Chapter 5 Global Bike Riding Gears 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 Bike Riding Gears Market Size Forecast by Type
5.2.1 Helmets
5.2.2 Armors
5.2.3 Apparels
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bike Riding Gears 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 Bike Riding Gears Market Size Forecast by Applications
6.2.1 Commuter & Recreation
6.2.2 Sport Games
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bike Riding Gears 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 Bike Riding Gears 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 Bike Riding Gears Analysis and Forecast
9.1 Introduction
9.2 North America Bike Riding Gears 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 Bike Riding Gears Market Size Forecast by Type
9.6.1 Helmets
9.6.2 Armors
9.6.3 Apparels
9.6.4 Other
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 Bike Riding Gears Market Size Forecast by Applications
9.10.1 Commuter & Recreation
9.10.2 Sport Games
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 Bike Riding Gears Analysis and Forecast
10.1 Introduction
10.2 Europe Bike Riding Gears 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 Bike Riding Gears Market Size Forecast by Type
10.6.1 Helmets
10.6.2 Armors
10.6.3 Apparels
10.6.4 Other
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 Bike Riding Gears Market Size Forecast by Applications
10.10.1 Commuter & Recreation
10.10.2 Sport Games
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 Bike Riding Gears Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bike Riding Gears 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 Bike Riding Gears Market Size Forecast by Type
11.6.1 Helmets
11.6.2 Armors
11.6.3 Apparels
11.6.4 Other
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 Bike Riding Gears Market Size Forecast by Applications
11.10.1 Commuter & Recreation
11.10.2 Sport Games
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 Bike Riding Gears Analysis and Forecast
12.1 Introduction
12.2 Latin America Bike Riding Gears 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 Bike Riding Gears Market Size Forecast by Type
12.6.1 Helmets
12.6.2 Armors
12.6.3 Apparels
12.6.4 Other
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 Bike Riding Gears Market Size Forecast by Applications
12.10.1 Commuter & Recreation
12.10.2 Sport Games
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) Bike Riding Gears Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bike Riding Gears 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) Bike Riding Gears Market Size Forecast by Type
13.6.1 Helmets
13.6.2 Armors
13.6.3 Apparels
13.6.4 Other
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) Bike Riding Gears Market Size Forecast by Applications
13.10.1 Commuter & Recreation
13.10.2 Sport Games
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 Bike Riding Gears Market: Competitive Dashboard
14.2 Global Bike Riding Gears Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vista Outdoor
14.3.2 Dorel
14.3.3 Giant
14.3.4 Trek Bicycle
14.3.5 KASK
14.3.6 Mavic
14.3.7 Merida
14.3.8 Specialized
14.3.9 Uvex
14.3.10 Scott Sports
14.3.11 Vista Outdoor
14.3.12 MET
14.3.13 ABUS
14.3.14 POC
14.3.15 Urge
14.3.16 Lazer
14.3.17 Louis Garneau
14.3.18 Strategic Sports
14.3.19 LAS helmets
14.3.20 Fox Racing
14.3.21 Limar
14.3.22 Orbea
14.3.23 Rudy Project
14.3.24 Moon Helmet
14.3.25 SenHai Sports Goods
