The global bicycle accessories market is anticipated to grow at a CAGR of 7.5% during the forecast period (2023–2030). The market growth is attributed to the growing demand for infrastructure development and government initiatives across the globe. Around the globe, numerous governments have implemented investments in bicycle infrastructure, such as designated bike lanes and bicycling-friendly laws. The programmes and initiatives encourages individuals to use bicycles as an alternative means of transportation that has raised the demand for bicycle accessories. Resultantly, several market players are coming up with new products to cater to the demand for bike safety.
Browse the full report description of “Bicycle Accessories Market Size, Share & Trends Analysis Report by Product (Helmets, Gloves and Warmers, LED Lights, Kickstands, Saddles and Covers, Speedometers, and Others), by Bicycle Type (Mountain Bikes, Road, Electric, and Others), by Type (Original Equipment Manufacturer (OEM) and Aftermarket), and by Distribution Channel (Specialty Bicycle accessories Retailers, Full-Line Sporting Goods Stores, and Online) Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/bicycle-accessories-market
For instance, in April 2023, according to the New York City Department of Transportation (NYC DOT) revealed new initiatives the organisation is taking to improve e-bike safety and increase bike infrastructure. In 2023, the NYC DOT is on schedule to construct a record number of protected bike lanes, harden more than 10 miles of already-existing lanes, and employ more durable materials in new lanes. A public awareness campaign about the safe use of e-bikes will also be launched by the NYC DOT in coming few years.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Product
o By Bicycle Type
o By Type
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Atlas Online Markets Llc, Avon Cycles Ltd., Bots Cycling Pvt. Ltd., Campagnolo S.R.L., Continental Reifen Deutschland Gmbh, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Bicycle Accessories Market Report Segment
By Product Type
By Bicycle Type
By Type
By Distribution Channel
Global Bicycle Accessories Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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