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Global Men’s Bicycle Market Projections & Future Scenario Analyzed until 2022

Bicycles have played an important role in the recent history of man. They have also managed to accede with the relentless evolution of the transportation system. As concerns over global warming continue to grow, more number of consumers are expected to opt for bicycles. Moreover, the new hybrid models and electric powered bicycles are gaining healthy popularity among consumers as well. Factors as such are expected to influence the global sales of men’s bicycle in the forthcoming years. Men’s bicycle offer a sustainable mode of transportation with health, environmental and price benefits. However, bicycle is not the most suitable option for long distance travelling as it mainly runs on force that is manually generated by the rider.

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In terms of performance, gasoline powered vehicles have a significant advantage over bicycles, which continues to restrict any value growth in adoption of bicycles. Today, bicycles are rather used as an exercise tool than as a means of transportation. Rapid expansion of metro cities coupled with longer travelling distances from home to work place or home to marts is making the uses of bicycle impractical for covering such distances. These factors will be instrumental in defining the future prospects of the global Men’s Bicycle Market. Fact.MR’s recently published report projects that the global men’s bicycle market will surpass a valuation of US$ 24,900 Mn by the end of 2022.

Men’s bicycle is a pedal-driven, single-track vehicle with two wheels attached to a frame. Common among professional bicyclists who compete in cycling events, these bicycles can also be used for exercise, recreation, transport and competing in sporting events.

Hybrid Bicycles to Remain Highly Sough-After 

On the basis of product type, demand for hybrid bicycles will continue to gain traction during the forecast period (2017-2022). Currently, the global sales of hybrid bicycle represent more than one-third revenue share of the global men’s bicycle market. Towards that end of 2022, over US$ 9,605 Mn worth units of men’s bicycles are estimated to be sold worldwide.

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Among regions, Asia-Pacific excluding Japan (APEJ) is expected to dominate dlobal men’s bicycle market in terms of revenue through other assessment period. Further, the market in the region is expected to witness a relatively higher growth between 2017 and 2022. Owing to the rising pollution levels, governments in counties such as China and India are encouraging and promoting the use of bicycle.

Competition Tracking

Giant Manufacturing Co., Ltd., Atlas Cycles (Haryana) Limited, Trek Bicycle Corporation, Tube Investments of India Limited, Accell Group N.V., Dorel Industries Inc., Merida Industry Co. Ltd., Tandem Group plc, Samchuly Bicycle Co., Ltd, and Youngone Corporation are the leading market players profiled in the Fact.MR’s report.

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Global Women’s Bicycle Market to Witness Elevated Growth during the Assessment Period, 2017-2022

Despite of drifting behind from the linear advancements involved in development of vehicles over the decades, bicycles continue to remain in vogue across the premise of global sports industry. From travel to wellness, bicycles are rolling out in heavy numbers, capturing the interests of countryside residents as well as high-spending, urban consumers, particularly women. Health benefits associated with bicycling will keep instrumenting the global sales growth of women’s bicycles. Group activities and social media trends have promoted the use of bicycles among women across several cultures. Apart from helping in regulating body metabolism, bicycles are gradually becoming more significant in the lifestyle of women who have been troubled with the burden of sedentary régimes. However, despite of the advent of electric bicycles, the global market for women’s bicycle will witness a moderate demand for women’s bicycles, in the view of growing popularity of other modes of commuting and exercising.

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Women’s bicycles are distinctively different from men’s bicycles, except from being a vehicle made out of an angular frame that holds two wheels linearly. The main frame of women’s bicycles is generally designed by considering the comfort levels of riding the bike, even while donning a skirt. Women’s bicycle also have general pedals for propelling, but their handlebars might differ in design. According to the recent report, published by Fact.MR, the global Women’s Bicycles Market is expected to grow at a moderate CAGR, raking revenues worth a little over US$ 12.5 Bn by the end of forecast period, 2017-2022.

Women to Prefer Riding Hybrid Bicycles

Wide range of products offered in the global market for women’s bicycles have been analyzed in this report. Rising proclivity of women towards daily fitness activities will instrument a steady growth in demand for road bikes. In 2017, over one-fourth of women’s bicycles being sold across the globe will be used for travelling on city streets and roads. However, sport bikes will slowly lose their traction as women are being drawn towards gym cycles for staying fit. On the other hand, hybrid bicycles will be observed as a top-selling product in the global women’s bicycles market, procuring more than two-fifth share on global revenues at steadfast CAGR of 4.6% during the forecast period.

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Currently, conventional women’s bicycles are dominating the global market in terms of technology. Towards the latter half of the forecast period, the demand for women’s bicycles developed on electric pedaling technology will gain momentum. The report also reveals that majority of women will be interested in buying mid-priced bicycles in the years to come, considering their infrequent use and recurrent repair costs. The report further reveals that direct-to-customer brand outlets will be a lucrative distribution channel in the global women’s bicycles market, revenues from which are poised to reach US$ 1.87 Bn through 2022.

Competition Tracking

The report has also observed that companies such as Samchuly Bicycle Co., Ltd., Tandem Group plc, Merida Industry Co. Ltd., Dorel Industries Inc., Accell Group N.V., Tube Investments of India Limited, Trek Bicycle Corporation, Atlas Cycles (Haryana) Limited, and Giant Manufacturing Co., Ltd, will remain active in expansion of global women’s bicycle market through 2022.

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Mountain Bike, E-Bike Tuning: When Fast Isn’t Fast Enough

Anyone who has ridden an e-Bike before knows the feeling associated with it: you paddle energetically and the bike accelerates powerfully, you easily reach 25 km/h – and then suddenly ride into sticky mud. At least that’s how it feels. At this speed, a legal limit is reached. Sometimes this is pretty annoying, but tuning your e-bike is not as harmless as it seems, especially when the need for speed is heightened.

Basic Principle Of E-Tuning

Usually, an e-bike constantly monitors its speed and how powerfully the rider is pedaling. Using this information, it decides on how much drive to deliver. When the bike reaches the legally defined speed limit of 25 km/h, the motor support is deactivated. With the right fitness or gradient, the bike can of course still go faster, just without the motor drive. If motor assistance above 25 km/h is desired, then the system must be made to think the current speed is slower than it actually is. Most tuning options are based on this point. A small electronic device is installed between the wheel magnet sensor and the computer unit, which calculates the speed. This device manipulates the electrical impulses from the magnet, and the computer then calculates these falsified signals into a slower current speed. As a consequence, the drive is not deactivated even though the bike is actually moving much faster than 25 km/h.

Faster – But Not More Powerful!

Many e-bikers assume that by installing an e-tuning kit, they get a more powerful motor which allows them to accelerate faster. However, this is not the case. The tune doesn’t increase the performance of the drive unit; it just artificially circumnavigates the legal 25 km/h limit. Up to this speed, no change is achieved, so handling on steep ascents remains exactly the same.

Increased loads for motor and battery

The question of whether the e-tuning puts increased loads on a system is easily answered: yes! The e-tuning doesn’t influence the motor control at all – motor RPM and temperature control remain unaffected. Thus, there is no danger of unintentionally overloading the manufacturer’s drive unit. However, by overcoming the 25 km/h limit, in practice, the system is used at full load for much longer periods, comparable to long mountain climbs. The motor uses more electricity; the battery is drained faster and requires more frequent recharging. The higher battery temperatures don’t have an especially positive effect on its overall lifespan.

In addition, the rest of the bike’s drivetrain is worn out faster as the motor is used more and with higher loads applied to the chain than using a regulated motor that forces you to comfortably pedal along at 25 km/h.

So, What Does E-Tuning Actually Achieve?

If you buy a tuning kit, you won’t be getting a new bike. The adverts of some suppliers, suggesting speeds of up to 75 km/h, are theoretical in nature. A tuned e-mountain bike with a normal 250-watt motor can briefly reach a top speed of 60 km/h with a lot of rider effort and on flat terrain. For longer periods, a fit amateur rider could achieve 35-50 km/h.

Legal, Illegal, Who Cares?

E-bikes with the pedal support of up to 25 km/h, a nominal motor power of 250 watts maximum, and a power assist of 6 km/h maximum are categorized legally as normal bicycles; the rider is not subject to any additional rules and regulations. If the pedal support still functions above 25 km/h, then the bike becomes a so-called low-power bike. This needs an insurance number plate and must be registered. This last rule will above all make riding a tuned e-bike legally in public spaces as good as impossible.

Tuning? No Thank You!

Riding a tuned e-bike is not a trivial offense and has serious legal consequences. Further, most motor manufacturers can detect the use of a tuning device and will not repair the motor under warranty if it was modified. Therefore, we at Optibike advise our readers to abstain from tuning their e-bikes.

Global Rock Sport Protection Products Market Trends, Opportunities & Growth Forecast during 2017-2022

The market for rock sport protection products market is exhibiting a steady growth. The main reasons for this are the increasing popularity of adventure sports and tourism amongst the consumers and the growing sporting culture amongst the general population. Due to a change in the urban lifestyle, there is an immense popularity of leisure vacations and adventure tourism. There are a growing number of health conscious tourists and sports enthusiasts that are opting for vacation packages that include outdoor physical activities and include adventure sports like rock climbing and hiking. The promotion of such sports and tourism activities gives a fillip to the Rock Sport Protection Products Market. Needless to say, there is a huge need for protection gears or products as these sports are becoming popular. Such kind of adventure sports like rock climbing need protection equipment in order to protect the sportspersons from accidents. Also, sports protective equipment is made compulsory by some sports authorities and is most of the times used as a preventive measure offering protection against sudden external impacts or falls. In addition, the spread of e-commerce has given a major boost to the availability and reach of rock sport protection products in the market. However, the availability of inferior quality products and forged products play a major role in the hindering the growth of this market.

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Rock sport protection products are used in adventure sports like rock climbing and hiking in order to protect the sportspersons from accidents. Such kind of rock sport protection products offer protection against sudden external impacts or falls. These types of protection products are made compulsory by various sport bodies keeping in mind the safety aspects of the adventure sports and for preventing injury or harm to the sportspersons.

This Fact.MR report on the global rock sport protection products market forecasts that the global rock sport protection products market will touch a value of nearly US$ 115 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.

APEJ Market Set to Dominate the Global Rock Sport Protection Products Market in Terms of Revenue

The market in APEJ is set to dominate the global rock sport protection products market in terms of value and this trend is projected to sustain itself throughout the assessment period. APEJ rock sport protection products market is the most attractive market, growing at a sluggish CAGR over the assessment period.

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Helmet Product Type Segment Poised to Touch a Value of Nearly US$ 33 Mn in 2022

As per the forecast of Fact.MR, the helmet product type segment is expected to reach a value of nearly US$ 33 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Helmet product type segment is expected to account for nearly one-third of the revenue share of the product type segment by the year 2017 and is expected to gain market share by the end of the year 2022.

Independent Sports Outlet Segment to exhibit a CAGR of 2.3% During the Assessment Period

As per the forecast of Fact.MR, the independent sports outlet segment is slated to touch a figure of nearly US$ 42 Mn in the year 2022. This represents a CAGR of 2.3% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The independent sports outlet segment is expected to account for more than one-third of the revenue share of the sales channel segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global rock sport protection products market through 2022, which include Bauerfeind AG, McDavid Inc, Mueller Sports Medicine, Inc., Under Armour, Inc., NIKE, Inc., Shock Doctor Inc., Decathlon S.A., Amer Sports Corporation, Dick’s Sporting Goods, Inc. and Vista Outdoor Inc.

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Global Kid’s Bicycle Market: Prime Economies Expected to Deliver Major Growth until 2028

A bicycle is a vehicle, devoid of the need for fuel, composed of two wheels and held in a frame placed one behind the other. Bicycles are propelled by pedals fixed at their bottom, and are steered with the help of handlebars, that are attached at the top of the front wheel. Kids’ bicycles are smaller in size, and sometimes have two small support wheels at the bottom-end of the rear wheel.

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However, proportion of children owning or having access to bicycles has witnessed a gradual decline over the past few years. Moreover, fear of parents about their children cycling on busy roads, coupled with the anxiety to choose and maintain a bicycle has further deterred the practice and adoption of cycling. Kids are required to be encouraged a bit for cycling, and nurturing an intrinsic enthusiasm that “cycling is fun”, which is losing its significance, is essential. For these reasons, the government as well as the bicycle industry are taking responsibilities of promoting and improving the long-lasted trend of cycling. A latest trend observed in the Global Kids Bicycle Market is parents persuading their children that cycling is an accessible and enjoyable form of family mobility. The global market for kids’ bicycles is expected to register an average single-digit CAGR during the forecast period 2017 to 2022, according to the recently published report by Fact.MR. Global sales of kids bicycles are projected to rake in approximately US$ 18,000 Mn revenues by 2022-end.

Navigation of the market for kids’ bicycles has always remained challenging. Parents are more focused on providing their children with an impressive introduction of the cycling world, particularly when it is their children’s first bike. In addition, if kids turn out to possess the racing bug, parents are concerned about choosing their bicycles that are equipped with safety and comfort, at the same time being competitive as well without having huge impacts on their bank accounts. Health benefits associated with cycling is another factor which has driven demand for bicycles among consumers. A number of kids bicycle brands have emerged, with improved appearances and performance, such as Islabikes, Frog, and Pinnacle, attracting interest of kids and boosting sales of bicycles. Children tend to own a bicycle more likely than any other age group. The aforementioned factors might influence growth of the market in the near future.

20 Inch – 24 Inch Kids’ Bicycles to Remain Sought-after in the Market

20 inch – 24 inch kids’ bicycles are expected to remain sought-after in the market, followed by 18 inch – 20 inch kids’ bicycles. Revenues from these two product segments will collectively account for more than half share of the market over the forecast period.

Independent outlet will continue to be the most lucrative distribution channel for kids’ bicycles, with sales poised to reach nearly US$ 5,000 Mn in revenues by 2022-end. Sales of kids’ bicycles in direct to customer brand outlet are estimated to exhibit the highest CAGR through 2022.

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Sales of kids’ bicycles for age group 9 years – 12 years will register an impressive CAGR, to account for nearly one-third share of the market over the forecast period. This age group segment will remain dominant in the market, followed by the age group 7 years – 9 years, in terms of revenues.

Accounting for more than half revenue share of the market based on pricing, mid-range kids’ bicycles will remain preferred in the global market. Sales of mid-range kids’ bicycles will register the highest CAGR through 2022, followed by premium-range kids’ bicycles.

Competition Tracking

Fact.MR’s report has listed some key players in the global kids bicycles market, which include Accell Group N.V., Atlas Cycles (Haryana) Limited, Dorel Industries Inc., Firefox Bikes Private Limited, Haro Bicycle Corporation, Hero Cycles Ltd., Merida Industry Co. Ltd., Samchuly Bicycle Co., Ltd., Tandem Group plc, Tianjin Fuji-Ta Bicycle Co. Ltd., Trek Bicycle Corporation, and Tube Investments of India Limited.

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