Market Overview:
The global car bike racks 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 as a mode of transportation, coupled with the rising popularity of adventure sports and tourism. Additionally, government initiatives promoting cycling as an eco-friendly mode of transportation are also contributing to the growth of this market. The global car bike racks market can be segmented on the basis of type into rear & hitch bike racks, roof mounted bike racks, and others. The roof mounted bike rack segment is expected to account for a major share in terms of revenue in 2018 owing to its growing popularity among consumers due to its ease-of-use and convenience features.
Product Definition:
A car bike rack is a device used to transport bicycles on the outside of a vehicle. There are various types of bike racks available, but they all have one purpose: to safely attach the bikes to the vehicle and keep them from hitting other objects while in transit. Bike racks can be mounted on the roof, trunk or hitch of a car. They can also be attached to trailers or vans.
Rear & Hitch Bike Racks:
Rear & Hitch Bike Racks are used for transporting vehicles on trailers or carts. They are mainly used in the automotive industry, but they can also be used in various other industries including construction, agriculture and others. The market is expected to grow at a significant rate over the forecast period owing to increasing demand from developing countries such as India and China among others.
Roof Mounted Bike Racks:
Roof-mounted bike racks are a great way to transport bikes on vehicles. They are available in various types, such as cross-over, front, and rear rack. These roof mounted bike racks have several benefits over the standard car or truck bed mount bike racks. The most significant benefit is that they protect the bikes from weather conditions including sun, rain and snowfall along with providing additional storage space inside the vehicle for shopping or luggage purposes.
Application Insights:
The SUV application segment led the global car bike racks market in 2017. This is attributed to the growing demand for SUVs across various regions, including Asia Pacific and Middle East & Africa. Moreover, increasing government subsidies to promote the adoption of electric vehicles will further boost growth over the forecast period.
Light trucks are expected to be one of the fastest-growing segments from 2018 to 2030 owing to rising demand for these vehicles in developing countries, such as India and China. Furthermore, companies are launching new products with advanced features that can be installed at a customer¢â‚¬â„¢s preferred location within a vehicle¢â‚¬such as rear seats or trunk space-based on customer requirements. Rising preference for car bike racks among young professionals who prefer cycling over driving is expected fuel product innovation over next seven years.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing awareness regarding health, fitness and outdoor sports activities. Moreover, presence of a large number of manufacturers and suppliers has fueled the regional market growth. Furthermore, increased use of electric bicycles for short-distance commutes is expected to further fuel demand in North America over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income among middle-class population groups in countries such as China.
Growth Factors:
- Increasing demand for car bike racks from the automotive sector as it helps in carrying multiple items at a time.
- The growing popularity of cycling as a mode of transportation, which is resulting in an increase in the demand for car bike racks.
- Rising awareness about the benefits of using car bike racks, which is helping to boost the market growth.
- The increasing number of online stores that offer a wide range of car bike racks, thereby making it easier for consumers to purchase them.
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Bike Racks Market Research Report
By Type
Rear & Hitch Bike Racks, Roof Mounted Bike Racks, Others
By Application
SUV, Light Truck, Sedan
By Companies
Thule Group, SARIS CYCLING GROUP, Curt, CAR MATE, Allen Sports, Yakima Products, Atera GmbH, Uebler, Rhino-Rack, Hollywood Racks, Thule Group, Mont Blanc Group, Cruzber, Swagman, Kuat, Alpaca Carriers, RockyMounts
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Car Bike Racks Market Report Segments:
The global Car Bike Racks market is segmented on the basis of:
Types
Rear & Hitch Bike Racks, Roof Mounted Bike Racks, Others
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
SUV, Light Truck, Sedan
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:
- Thule Group
- SARIS CYCLING GROUP
- Curt
- CAR MATE
- Allen Sports
- Yakima Products
- Atera GmbH
- Uebler
- Rhino-Rack
- Hollywood Racks
- Thule Group
- Mont Blanc Group
- Cruzber
- Swagman
- Kuat
- Alpaca Carriers
- RockyMounts
Highlights of The Car Bike Racks 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:
- Rear & Hitch Bike Racks
- Roof Mounted Bike Racks
- Others
- By Application:
- SUV
- Light Truck
- Sedan
- 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 Car Bike Racks 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?
Car bike racks are a type of vehicle rack that can be attached to the front or rear of a car. They allow cyclists to transport their bikes in a safe and secure manner, while also freeing up space on the car for other items.
Some of the key players operating in the car bike racks market are Thule Group, SARIS CYCLING GROUP, Curt, CAR MATE, Allen Sports, Yakima Products, Atera GmbH, Uebler, Rhino-Rack, Hollywood Racks, Thule Group, Mont Blanc Group, Cruzber, Swagman, Kuat, Alpaca Carriers, RockyMounts.
The car bike racks 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 Car Bike Racks 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 Car Bike Racks Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Car Bike Racks 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 Car Bike Racks 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 Car Bike Racks Market Size & Forecast, 2018-2028 4.5.1 Car Bike Racks Market Size and Y-o-Y Growth 4.5.2 Car Bike Racks Market Absolute $ Opportunity
Chapter 5 Global Car Bike Racks 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 Car Bike Racks Market Size Forecast by Type
5.2.1 Rear & Hitch Bike Racks
5.2.2 Roof Mounted Bike Racks
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Bike Racks 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 Car Bike Racks Market Size Forecast by Applications
6.2.1 SUV
6.2.2 Light Truck
6.2.3 Sedan
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Bike Racks 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 Car Bike Racks 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 Car Bike Racks Analysis and Forecast
9.1 Introduction
9.2 North America Car Bike Racks 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 Car Bike Racks Market Size Forecast by Type
9.6.1 Rear & Hitch Bike Racks
9.6.2 Roof Mounted Bike Racks
9.6.3 Others
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 Car Bike Racks Market Size Forecast by Applications
9.10.1 SUV
9.10.2 Light Truck
9.10.3 Sedan
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 Car Bike Racks Analysis and Forecast
10.1 Introduction
10.2 Europe Car Bike Racks 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 Car Bike Racks Market Size Forecast by Type
10.6.1 Rear & Hitch Bike Racks
10.6.2 Roof Mounted Bike Racks
10.6.3 Others
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 Car Bike Racks Market Size Forecast by Applications
10.10.1 SUV
10.10.2 Light Truck
10.10.3 Sedan
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 Car Bike Racks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Bike Racks 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 Car Bike Racks Market Size Forecast by Type
11.6.1 Rear & Hitch Bike Racks
11.6.2 Roof Mounted Bike Racks
11.6.3 Others
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 Car Bike Racks Market Size Forecast by Applications
11.10.1 SUV
11.10.2 Light Truck
11.10.3 Sedan
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 Car Bike Racks Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Bike Racks 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 Car Bike Racks Market Size Forecast by Type
12.6.1 Rear & Hitch Bike Racks
12.6.2 Roof Mounted Bike Racks
12.6.3 Others
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 Car Bike Racks Market Size Forecast by Applications
12.10.1 SUV
12.10.2 Light Truck
12.10.3 Sedan
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) Car Bike Racks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Bike Racks 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) Car Bike Racks Market Size Forecast by Type
13.6.1 Rear & Hitch Bike Racks
13.6.2 Roof Mounted Bike Racks
13.6.3 Others
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) Car Bike Racks Market Size Forecast by Applications
13.10.1 SUV
13.10.2 Light Truck
13.10.3 Sedan
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 Car Bike Racks Market: Competitive Dashboard
14.2 Global Car Bike Racks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thule Group
14.3.2 SARIS CYCLING GROUP
14.3.3 Curt
14.3.4 CAR MATE
14.3.5 Allen Sports
14.3.6 Yakima Products
14.3.7 Atera GmbH
14.3.8 Uebler
14.3.9 Rhino-Rack
14.3.10 Hollywood Racks
14.3.11 Thule Group
14.3.12 Mont Blanc Group
14.3.13 Cruzber
14.3.14 Swagman
14.3.15 Kuat
14.3.16 Alpaca Carriers
14.3.17 RockyMounts