Market Overview:
The global cycling gears market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in the number of cyclists, rising awareness about the benefits of cycling, and technological advancements in cycling gears. The global cycling gears market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into helmets, armors, apparels, and other gear types. The helmets segment is expected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. This growth can be attributed to an increase in safety concerns among cyclists and growing demand for technologically advanced helmets.
Product Definition:
Cycling Gears are the gears that a cyclist uses to change their speed. There are typically two or three different gears available, and each one offers a different level of resistance. The most important use for cycling gears is to make it easier for cyclists to pedal uphill.
Helmets:
Helmets are head protection worn by cyclists to protect themselves from injuries caused by accidents or falls. The global market for helmets is expected to witness significant growth over the forecast period owing to increasing awareness regarding road safety and government initiatives towards creating a safe environment on roads. According to the U.
Armors:
An armor is a protective device for the leg or arm. There are various types of armors such as knee, elbow, shinguard, and breastplate. They are used to protect the rider from injuries during falls or contact with other riders or objects. The increasing popularity of sports such as cycling and motorcycles riding has led to an increase in demand for these products which is expected to drive market growth over the forecast period.
Application Insights:
The sport games application segment dominated the global cycling gears market in 2017. This is attributed to the rising popularity of sports games such as basketball, football, and tennis among other sports played on bicycles such as roller skating and skateboarding. Furthermore, increasing participation levels in fitness activities has also boosted product demand globally.
The commuter & recreation application segment is expected to grow at a significant rate over the forecast period owing to growing urbanization leading to an increase in bicycle trips for short-distance travel within cities and long-distance travel between cities. Growing awareness regarding health benefits along with increased spending power are further anticipated to boost product demand globally during this period of time due largely on population growth coupled with an increase in disposable income per capita across various regions including Asia Pacific Africa Middle East & North America Latin America Europe The U.S., China, India and Brazil).
Regional Analysis:
Asia Pacific dominated the global cycling gears market in 2017. This is attributed to increasing popularity of sports, such as mountain biking and road cycling, growing disposable income among people, and government initiatives for building bicycle infrastructure. For instance, China has set up a national standard for developing world-class cyclists by providing financial aid to athletes competing at international level. In addition to this, countries like Australia have improved their sporting infrastructure by constructing new stadiums and arenas that can accommodate more spectators. Such factors are expected to boost the regional demand for cycling gears over the forecast period.
North America is anticipated to witness significant growth over the forecast period owing to rising number of professional cyclists in U S A & Canada riding on race tracks with high speeds every day during competitions or training sessions. Europe also holds a prominent position in global arena due its rich history of bike racing across various countries including Belgium/ France/ Italy/ Netherlands etc.
Growth Factors:
- Increasing popularity of cycling as a mode of transportation and for recreation
- Rising health awareness and the benefits of cycling for overall health
- Government initiatives to promote cycling as a means of reducing traffic congestion and pollution levels
- Technological advancements that have led to the development of more efficient and durable gears systems
- The increasing number of women cyclists
Scope Of The Report
Report Attributes
Report Details
Report Title
Cycling 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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Cycling Gears Market Report Segments:
The global Cycling 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 Cycling 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 Cycling 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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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?
Cycling gears are the mechanism that allow a bicycle to be pedaled. There are three types of cycling gears: chain, sprocket, and cassette.
Some of the major players in the cycling 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 cycling gears market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cycling 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 Cycling Gears Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cycling 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 Cycling 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 Cycling Gears Market Size & Forecast, 2018-2028 4.5.1 Cycling Gears Market Size and Y-o-Y Growth 4.5.2 Cycling Gears Market Absolute $ Opportunity
Chapter 5 Global Cycling 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 Cycling 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 Cycling 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 Cycling 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 Cycling 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 Cycling 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 Cycling Gears Analysis and Forecast
9.1 Introduction
9.2 North America Cycling 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 Cycling 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 Cycling 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 Cycling Gears Analysis and Forecast
10.1 Introduction
10.2 Europe Cycling 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 Cycling 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 Cycling 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 Cycling Gears Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cycling 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 Cycling 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 Cycling 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 Cycling Gears Analysis and Forecast
12.1 Introduction
12.2 Latin America Cycling 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 Cycling 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 Cycling 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) Cycling Gears Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cycling 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) Cycling 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) Cycling 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 Cycling Gears Market: Competitive Dashboard
14.2 Global Cycling 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