There are a lot more taxes on gasoline in Europe so that the cost per liter or gallon is usually roughly double there. Therefore, there is a lot of incentive to use non-gasoline transportation. The value of the contribution of the cycle to the economy in Europe has been estimated at approx USD 180 Billion annually, with 80% of those benefits arising from reductions in mortality alone. According to the “Europe Bicycle Market Outlook, 2026” report published by Bonafide Research, the market was valued at USD 11.07 Billion in the year 2015 and expected to grow to less than 6% by the forecasted period.
Bicycle trips are most frequent in the Netherlands, Denmark, and Sweden. The Netherlands holds the record as the nation with the most bicycles per capita. The Danish capital, Copenhagen, is the most bicycle-friendly city and is known as “City of Cyclists”, where 52% of the population uses a bike for the daily commute. The demand for bicycles in Belgium has enabled local and global manufacturers to launch innovative bicycles in the country.
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Particularly, e-bikes rule the market owing to more innovations in the segment. For instance, in July 2019, the Belgian firm, Cowboy, launched an innovative e-bike comprising features, like road-style geometry, internal cabling, miniature removable power pack, and a SIM built into the frame. The e-bicycle holds the least share in terms of volume with less than 10%, contradicting the highest in value. Consumers illegally tuning up their e-bikes to 70km/hour can lead to accidents, as it narrows the cyclist’s range of vision. The government has taken some initiative to upsurge the sale of e-bikes, for it may make traveling much faster and safer.
Out of the total population in Europe, 51% were women. For the economy as a whole, women’s hourly earnings were on average 14.1 % below those of men. Yet, the men cyclists, who include the professional cyclists and the regular commuters, dominate the market. The segment accounted for around 45% in volume and value terms.
MAJOR COMPANIES PRESENT IN THE MARKET
Abici, Accell Group , Amer Sports, Camplagnolo, Cube Cycles, Derby Cycle, Dorel Industries Inc., Giant Bicycles, Maxcom Ltd., Merida Bikes International, Orbea, Santa Cruz Bicycle
CONSIDERED IN THE REPORT
• Geography: Europe
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2025
REGIONS COVERED:
• Germany
• Russia
• UK
• France
• Spain
• Italy
The report also covers the major countries in the region with a clear comparison of the past performance and the estimated growth of the market in the forecasted period. Also, the market is studied in detail with respect to the different types of the excavators and its purposes regionally.
ASPECTS COVERED IN THE REPORT
• Market Size By Value for the time period (2015-2026F)
• Market Size By Volume for the time period (2020-2025)
• Market Share by Type of Bicycle (2020 & 2026F)
• Market Share by Demography (2020 & 2026F)
• Market Share by Sales Channel (2020 & 2026F)
• Market Share by Region (2020 & 2026F)
• Market Share by Country (2020 & 2026F)
The report answers questions such as:
1. What is the market size and forecast of the Europe Bicycle Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Europe Bicycle Market during the forecast period?
3. Which region outstands in the Europe Bicycle Market?
4. Which are the segments to invest in over the forecast period in the Europe Bicycle Market?
5. What is the competitive strategic window for opportunities in the Europe Bicycle Market?
6. What are the technology trends and regulatory frameworks in the Europe Bicycle Market?
7. What are the major company in the Europe Bicycle Market?
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TABLE OF CONTENT
1 Executive Summary
2 Report Methodology
3 Global Bicycle Market Outlook
3.1 Market Size
3.1.1 By Value
3.1.2 By Volume
3.2 Market Share
3.2.1 By Bicycle Type
3.2.2 By Demography
3.2.3 By Sales Channel
3.2.4 By Region
3.2.5 By Country
3.2.6 By Company
3.3 Global Road Bicycle Market Outlook
3.3.1 Market Size By Value
3.3.2 Market Size By Volume
3.4 Global Mountain Bicycle Market Outlook
3.4.1 Market Size By Value
3.4.2 Market Size By Volume
3.5 Global Hybrid Bicycle Outlook
3.5.1 Market Size By Value
3.5.2 Market Size By Volume
3.6 Global Electric Bicycle Outlook
3.6.1 Market Size By Value
3.6.2 Market Size By Volume
3.7 Global Other Bicycle Outlook
3.7.1 Market Size By Value
3.7.2 Market Size By Volume
4 Europe Bicycle Market Outlook
4.1 Market Size
4.1.1 By Value
4.1.2 By Volume
4.2 Market Share
4.2.1 By Bicycle Type
4.2.2 By Demography
4.2.3 By Country
4.3 Europe Bicycle Market Outlook- By Type
4.3.1 Market Size By Value
4.3.2 Market Size By Volume
4.4 Germany Bicycle Market Outlook
4.4.1 Market Size
4.4.2 Market Share- By Bicycle Type
4.5 UK Bicycle Market Outlook
4.5.1 Market Size
4.5.2 Market Share- By Bicycle Type
4.6 France Bicycle Market Outlook
4.6.1 Market Size
4.6.2 Market Share- By Bicycle Type
4.7 Italy Bicycle Market Outlook
4.7.1 Market Size
4.7.2 Market Share- By Bicycle Type
4.8 Spain Bicycle Market Outlook
4.8.1 Market Size
4.8.2 Market Share- By Bicycle Type
5 Market Dynamics
5.1 Key Drivers
5.2 Key Challenges
6 Market Trends & Developments
6.1 Indoor Cycling Software
6.2 Cycle to Work scheme
6.3 Cargo Bikes & Family Bicycles
6.4 Customized Bicycles
6.5 Digital Wearable Devices and Accessories
7 Competitive Landscape
7.1 Porter’s Five Forces
7.2 Company Profiles
7.2.1 Abici Bikes
7.2.2 Accell Group
7.2.3 Amer Sports
7.2.4 Campagnolo
7.2.5 Cube Cycles
7.2.6 Derby Cycle
7.2.7 Dorel Industries Inc.
7.2.8 Giant Bicycles
7.2.9 Maxcom Limited
7.2.10 Merida Bikes International
7.2.11 Orbea Corporation
7.2.12 Santa Cruz Bicycle
8 Strategic Recommendations
9 Disclaimer
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