CATEYE TRUCK MIRROR OFFLINE

CATEYE TRUCK MIRROR OFFLINE

Distribution channels include online retail, offline retail (specialty stores, sporting goods stores, bicycle shops), and direct sales through manufacturer websites and brand-owned stores.

Product types include protective gear, lights and reflectors, water bottles and cages, bicycle tools and maintenance products, bicycle locks, bags and panniers, cycling apparel, bike racks and carriers, and others. The bicycle accessories market can be segmented based on product type, distribution channel, and region. The accessories are designed for use on pumptracks. The tools are designed to be lightweight and compact.īBB, a manufacturer of bicycle accessories, announced in 2023 that it had launched a new line of bicycle accessories called Pumptrack. Topeak, a manufacturer of bicycle tools, announced in 2022 that it had launched a new line of bicycle tools called Hexus DX. The lights are designed to provide up to 1200 lumens of brightness. The accessories include a rearview radar, a headlight, and a taillight.Ĭateye, a manufacturer of bicycle lights, announced in 2023 that it had launched a new line of bicycle lights called Volt 1200. Garmin, a manufacturer of GPS devices, announced in 2022 that it had launched a new line of bicycle accessories called Varia. Among the prominent market participants are: Accell Group, Avon Cycles Ltd, Campagnolo S.R.L., Garmin Ltd, Shimano Inc., Giant Manufacturing Co., Ltd, Merida Industry Co Ltd, Samchuly Bicycle Co., Ltd., DT SWISS, Endura Ltd, Eastman Industries Ltd. The bicycle accessories market is highly competitive, with numerous global and regional competitors present. Strategic collaborations, product diversification, and marketing initiatives will be key for companies to capitalize on emerging opportunities. However, price sensitivity among consumers and the fragmented market landscape pose challenges to market players. Factors such as the increasing popularity of cycling, growing focus on health and fitness, and advancements in bicycle technology will drive market growth. The bicycle accessories market is expected to continue its growth trajectory in the coming years. Cyclists are increasingly adopting accessories such as GPS navigation devices, smart helmets, and electronic shifting systems to enhance their riding experience. Technological Advancements: Advancements in bicycle technology, such as the integration of electronic components, smart features, and lightweight materials, have influenced the demand for advanced accessories. Cyclists are seeking accessories that improve comfort, safety, and performance during their rides. Increasing Focus on Health and Fitness: The growing emphasis on health and fitness has led to an increased interest in cycling, which, in turn, has boosted the demand for accessories that enhance the cycling experience. More individuals are adopting cycling as a form of exercise, commuting, and leisure, creating a favorable market environment for bicycle accessories. Growing Popularity of Cycling: The rising popularity of cycling as a recreational activity, sport, and environmentally friendly mode of transportation has driven the demand for bicycle accessories. The market for bicycle accessories has witnessed significant growth in recent years, driven by factors such as increasing popularity of cycling as a recreational activity, growing awareness of health and fitness, and advancements in bicycle technology.Ĭlick Here to Get Sample Copy of this Report These accessories cater to the needs of cyclists, offering convenience, performance improvement, and customization options. The bicycle accessories market encompasses a wide range of products designed to enhance the functionality, safety, comfort, and aesthetics of bicycles.

Between 20, the global Bicycle Accessories Market is estimated to reach US$ 33.52 billion, increasing at a 6.9% CAGR. Demand for Bicycle Accessories will rise, with the top five market players accounting for a sizable proportion of the Bicycle Accessories market in 2022. New York, J(GLOBE NEWSWIRE) - According to Persistence Market Research, the Bicycle Accessories Market would generate US$ 16.17 billion in sales by 2022.

Global Bicycle Accessories Market by Product Type (Helmets, Gloves & Warmers, Jersey/Tee, LED Lights, Mirror, Bottle Cage, Pump (Hand and Foot), Bar Ends/Grips, Kickstand, Saddles & Covers, Mudflaps, Speedometer, Horn, and Fenders)

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