Hybrid Bicycles Market
Hybrid Bicycles Market Size, Trend Analysis & Competition Tracking By Type (Steel, Aluminium and carbon fibers), By Sales channel (Third-party online channel, Company online channel, Retail stores, Modern trade, Franchise stores, Specialty stores) - Global Market Insights 2021 to 2028
Analysis of Hybrid Bicycles Market Covering 30 + Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Hybrid Bicycles Market Overview (2021-2028)
Hybrid bicycles provides more comfort to the consumers. Nowadays, hybrid bicycles are known as the workhorse of bicycles, and due to its extremely versatile properties, it has gained a high momentum in the recent years in the market. Hybrid bicycles are a mixture of road bikes and mountain bikes which gives additional advantage to manufacturers of hybrid bicycles to penetrate high market share across the globe.
Generally, hybrid bicycles are made up of many different material types such as steel, aluminum, and carbon fibers. The hybrid bicycles market is consisting of around a hundred small and prominent manufacturers with the regional and global reach. Electric hybrid bicycles are now becoming a preferable option for biking and tracking among road and mountain bicyclists due to its wider tires, low weight, upright seat position, fast speed and a large number of gears. Awareness about the health and security among bicyclists has resulted in amplified demand for hybrid bicycles over the past three-four years.
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Global Hybrid Bicycles Market Scenario
The global market size for hybrid bicycles is estimated to be more than US$ 17 Bn in 2018 and is projected to witness a single digit growth rate during the forecast period from 2018 to 2028. The market is expected to create a sizeable incremental opportunity for manufacturers in upcoming years owing to the rising demand for low weight bicycles with a proper vision of far distances and push for electric bikes (e-bikes) for mountain riding.
Hybrid bicycles market across the globe has grown sizably owing to the demand for hybrid bicycles on customized basis which is likely to amplify the sales of the hybrid bicycles globally through numerous sales channels. North America is expected to dominate the global hybrid bicycles market by the end of 2028 with a strong CAGR followed by Europe and APEJ. According to some studies, the demand for hybrid bicycles has witnessed 50% increment last year in the United States and perhaps more than that in Europe. It is expected to show the same increment demand in the upcoming years.
Global Hybrid Bicycles Market Dynamics
Over the last few years, the bicycles, as well as bicycle accessories industry, has transformed, and like many other industries, bicycles have become more demanding compared to petrol bikes due to the increasing crude oil prices. Some of the factors are behind the growth of the hybrid bicycles market such as awareness about personal health & environmental benefits, rising urbanization, increasing demand for hybrid bicycles among sports enthusiasts.
Also, the growth rate of macroeconomic factors such as GDP, automotive industry, and bicycle market in comparison to the growth of hybrid bicycle market will impact the global hybrid bicycle market during the forecast period.
However, global for hybrid bicycles are expected to face challenges in its demand due to the easy availability of financial aid for buying bikes and four-wheeler vehicles. This factor is anticipated to hamper the overall growth of the global hybrid bicycles market. Moreover, limited penetration of these hybrid bicycles in developing and low economies is expected to restrict the market growth.
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Global Hybrid Bicycles Market Key Players
Prominent players are focused in United States, Japan and European countries. However, the increasing manufacturing facilities in China has witnessed a significant growth for the hybrid bicycles market. Some of the key players operating in the global hybrid bicycles market are
- Shimano Inc.
- Trek Bicycle Corporation
- Giant Bicycle Inc.
- Boardman Bikes Ltd
- other prominent players.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
- Technology
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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Competitive landscape highlights only certain players
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Highlights from the Report
- Elaborated scenario of the parent market
- Transformations in the market dynamics
- Detailed segmentation of the target market
- Historical, current and forecast market size based on value and volume
- Latest industry developments and trends
- Competition landscape
- Strategies adopted by the market players and product developments made
- Potential and niche segments, along with their regional analysis
- Unbiased analysis on performance of the market
- Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Global Hybrid Bicycles Market Segmentation
The hybrid bicycles market can be segmented on bike frame size, material type, target buyer and sales channel. On the basis of bike frame size, hybrid bicycles can be categorized into 13 - 15 inches, 15 to 17 inches, 17 to 19 inches, 19 to 21 inches, 21 to 23 inches and 23 inches and above. On the basis of material type, the hybrid bicycles market can be segmented into steel, aluminium and carbon fibers. On the basis of target buyer, the hybrid bicycles market can be classified into men, women, kids and unisex. On the basis of sales channel, the global market for hybrid bicycles can be classified into third-party online channel, company online channel, retail stores, modern trade, franchise stores and specialty stores. Geographically, the global hybrid bicycles market can be segmented into seven regions, namely North America, Latin America, Europe, CIS & Russia, Japan, the Asia Pacific excluding Japan and Middle East & Africa.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Type 6.2. Frame Material 6.3. Gear System 6.4. Wheel Size 6.5. Brake Type 6.6. Distribution Channel 6.7. End User 7. Global Market Analysis and Forecast, By Type 7.1. Urban Hybrid Bicycles 7.2. Touring Hybrid Bicycles 7.3. Fitness Hybrid Bicycles 7.4. Commuter Hybrid Bicycles 7.5. Others 8. Global Market Analysis and Forecast, By Frame Material 8.1. Aluminum 8.2. Steel 8.3. Carbon Fiber 8.4. Titanium 8.5. Others 9. Global Market Analysis and Forecast, By Gear System 9.1. Single Speed 9.2. Multi-Speed 10. Global Market Analysis and Forecast, By Wheel Size 10.1. 26 inches 10.2. 27.5 inches 10.3. 28 inches 10.4. 29 inches 10.5. Others 11. Global Market Analysis and Forecast, By Brake Type 11.1. Disc Brakes 11.2. Rim Brakes 11.3. Drum Brakes 11.4. Others 12. Global Market Analysis and Forecast, By Distribution Channel 12.1. Online Retailers 12.2. Specialty Bike Shops 12.3. Department Stores 12.4. Sporting Goods Stores 12.5. Others 13. Global Market Analysis and Forecast, By End User 13.1. Adults 13.2. Kids 13.3. Seniors 14. Global Market Analysis and Forecast, By Region 14.1. North America 14.2. Latin America 14.3. Western Europe 14.4. Eastern Europe 14.5. Asia Pacific 14.6. East Asia 14.7. MEA 15. North America Sales Analysis and Forecast, by Key Segments and Countries 16. Latin America Sales Analysis and Forecast, by Key Segments and Countries 17. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 18. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 19. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 20. East Asia Sales Analysis and Forecast, by Key Segments and Countries 21. MEA Sales Analysis and Forecast, by Key Segments and Countries 22. Sales Forecast by Type, Frame Material, Gear System, Wheel Size, Brake Type, Distribution Channel, and End User for 30 Countries 23. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 24. Company Profile 24.1. Trek Bicycle Corporation 24.2. Giant Manufacturing Co. Ltd. 24.3. Specialized Bicycle Components Inc. 24.4. Cannondale Bicycle Corporation 24.5. Bianchi Bicycle Company 24.6. Merida Industry Co., Ltd. 24.7. Scott Sports SA 24.8. Raleigh Bicycle Company 24.9. Kona Bicycle Company 24.10. Brompton Bicycle Ltd.
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Type
Table 3: Global Market US$ Mn Forecast by Frame Material
Table 4: Global Market US$ Mn Forecast by Gear System
Table 5: Global Market US$ Mn Forecast by Wheel Size
Table 6: Global Market US$ Mn Forecast by Brake Type
Table 7: Global Market US$ Mn Forecast by Distribution Channel
Table 8: Global Market US$ Mn Forecast by End User
Table 9: North America Market US$ Mn Forecast by Country
Table 10: North America Market US$ Mn Forecast by Type
Table 11: North America Market US$ Mn Forecast by Frame Material
Table 12: North America Market US$ Mn Forecast by Gear System
Table 13: North America Market US$ Mn Forecast by Wheel Size
Table 14: North America Market US$ Mn Forecast by Brake Type
Table 15: North America Market US$ Mn Forecast by Distribution Channel
Table 16: North America Market US$ Mn Forecast by End User
Table 17: Latin America Market US$ Mn Forecast by Country
Table 18: Latin America Market US$ Mn Forecast by Type
Table 19: Latin America Market US$ Mn Forecast by Frame Material
Table 20: Latin America Market US$ Mn Forecast by Gear System
Table 21: Latin America Market US$ Mn Forecast by Wheel Size
Table 22: Latin America Market US$ Mn Forecast by Brake Type
Table 23: Latin America Market US$ Mn Forecast by Distribution Channel
Table 24: Latin America Market US$ Mn Forecast by End User
Table 25: Western Europe Market US$ Mn Forecast by Country
Table 26: Western Europe Market US$ Mn Forecast by Type
Table 27: Western Europe Market US$ Mn Forecast by Frame Material
Table 28: Western Europe Market US$ Mn Forecast by Gear System
Table 29: Western Europe Market US$ Mn Forecast by Wheel Size
Table 30: Western Europe Market US$ Mn Forecast by Brake Type
Table 31: Western Europe Market US$ Mn Forecast by Distribution Channel
Table 32: Western Europe Market US$ Mn Forecast by End User
Table 33: Eastern Europe Market US$ Mn Forecast by Country
Table 34: Eastern Europe Market US$ Mn Forecast by Type
Table 35: Eastern Europe Market US$ Mn Forecast by Frame Material
Table 36: Eastern Europe Market US$ Mn Forecast by Gear System
Table 37: Eastern Europe Market US$ Mn Forecast by Wheel Size
Table 38: Eastern Europe Market US$ Mn Forecast by Brake Type
Table 39: Eastern Europe Market US$ Mn Forecast by Distribution Channel
Table 40: Eastern Europe Market US$ Mn Forecast by End User
Table 41: Asia Pacific Market US$ Mn Forecast by Country
Table 42: Asia Pacific Market US$ Mn Forecast by Type
Table 43: Asia Pacific Market US$ Mn Forecast by Frame Material
Table 44: Asia Pacific Market US$ Mn Forecast by Gear System
Table 45: Asia Pacific Market US$ Mn Forecast by Wheel Size
Table 46: Asia Pacific Market US$ Mn Forecast by Brake Type
Table 47: Asia Pacific Market US$ Mn Forecast by Distribution Channel
Table 48: Asia Pacific Market US$ Mn Forecast by End User
Table 49: East Asia Market US$ Mn Forecast by Country
Table 50: East Asia Market US$ Mn Forecast by Type
Table 51: East Asia Market US$ Mn Forecast by Frame Material
Table 52: East Asia Market US$ Mn Forecast by Gear System
Table 53: East Asia Market US$ Mn Forecast by Wheel Size
Table 54: East Asia Market US$ Mn Forecast by Brake Type
Table 55: East Asia Market US$ Mn Forecast by Distribution Channel
Table 56: East Asia Market US$ Mn Forecast by End User
Table 57: MEA Market US$ Mn Forecast by Country
Table 58: MEA Market US$ Mn Forecast by Type
Table 59: MEA Market US$ Mn Forecast by Frame Material
Table 60: MEA Market US$ Mn Forecast by Gear System
Table 61: MEA Market US$ Mn Forecast by Wheel Size
Table 62: MEA Market US$ Mn Forecast by Brake Type
Table 63: MEA Market US$ Mn Forecast by Distribution Channel
Table 64: MEA Market US$ Mn Forecast by End User
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Frame Material
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Gear System
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wheel Size
Figure 5: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Brake Type
Figure 6: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 7: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 8: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 9: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Frame Material
Figure 11: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Gear System
Figure 12: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wheel Size
Figure 13: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Brake Type
Figure 14: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 15: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 16: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 18: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Frame Material
Figure 19: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Gear System
Figure 20: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wheel Size
Figure 21: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Brake Type
Figure 22: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 23: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 24: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 26: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Frame Material
Figure 27: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Gear System
Figure 28: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wheel Size
Figure 29: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Brake Type
Figure 30: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 31: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 32: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 33: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 34: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Frame Material
Figure 35: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Gear System
Figure 36: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wheel Size
Figure 37: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Brake Type
Figure 38: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 39: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 40: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 41: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 42: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Frame Material
Figure 43: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Gear System
Figure 44: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wheel Size
Figure 45: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Brake Type
Figure 46: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 47: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 48: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 49: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 50: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Frame Material
Figure 51: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Gear System
Figure 52: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wheel Size
Figure 53: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Brake Type
Figure 54: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 55: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 56: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 57: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Type
Figure 58: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Frame Material
Figure 59: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Gear System
Figure 60: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Wheel Size
Figure 61: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Brake Type
Figure 62: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 63: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End User
Figure 64: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the driving force of the Hybrid Bicycles Market?
The hybrid bicycles market is expanding due to rising urbanisation and public awareness of the benefits of personal and environmental health.
Why Hybrid Bicycles Market has High Growth Potential?
The size of the hybrid bicycles market is expanding at a 5% CAGR during the forecast period.
Where will Manufacturers find Most Opportunities in the Hybrid Bicycles Market?
The North America region is likely to lead the hybrid bicycles market.
Hybrid Bicycles Market