Bicycle Brake Component Market
Bicycle Brake Component Market By Brake Type (Rim Brakes, Disc Brakes), By Bicycle Type (Mountain, Hybrid, Road, Comfort, Youth, Cruiser, Electric), By Sales Channel (OEMs, Aftermarket), and By Region – Global Market Report (2024 to 2034)
Analysis of Bicycle Brake Component Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Bicycle Brake Component Market Outlook (2024 to 2034)
The global bicycle brake component market is projected to reach a size of US$ 6.37 billion in 2024 and is forecast to reach a value of US$ 12.54 billion by 2034, with a projected CAGR of 7% from 2024 to 2034.
Several cycling events are conducted in many parts of the world, be they professional or amateur racing tournaments. This is projected to lead to lucrative opportunities for new markets for aftermarket and OEM component suppliers. Terrain type, weather, ride mechanics, and material selection are some of the prominent factors that impact the lifespan of the parts of bicycle brakes.
A growing population is leading to the adoption of bicycles as one of the most popular modes of transportation, owing to increasing awareness about carbon emissions. More individuals are focusing on minimizing their carbon footprints with the adoption of sustainable commute modes. Cycling is one such practice that helps people contribute to environmental sustainability, which is further driving the bicycle brake component market growth.
- Sales of bicycle brake components in the United States are projected to rise at a CAGR of 7.3% and reach US$ 2.12 billion by the end of 2034.
- Demand for bicycle brake components in South Korea is foreseen to increase at a CAGR of 7.8% from 2024 to 2034.
- Electric bikes are projected to account for 28.9% of the bicycle brake component market share by 2034.
Cycling is an environment-friendly and healthy way to exercise and commute. The growing awareness of the benefits of cycling is projected to lead to rising sales of bicycles and their brake components. Furthermore, the market is undergoing noteworthy technological advancements, including the development of novel designs and materials. These advancements are estimated to help manufacturers improve the safety and performance of bicycle brakes.
In recent years, there has been an increase in the popularity of bike-sharing programs as an initiative to reduce environmental pollution and minimize traffic congestion. These bicycles are easily available for rent, and thus consumers need not purchase new ones for use. This initiative is projected to influence the bicycle brake component market trends.
| Report Attributes | Details |
|---|---|
| Bicycle Brake Component Market Size (2024E) | US$ 6.37 Billion |
| Forecasted Market Value (2034F) | US$ 12.54 Billion |
| Global Market Growth Rate (2024 to 2034) | 7% CAGR |
| East Asia Market Share (2034F) | 52.8% |
| Canada Market Growth Rate (2024 to 2034) | 8.1% CAGR |
| Rim Brakes Segment Market Share (2034F) | 64.2% |
| Key Companies Profiled |
|
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What is Driving Worldwide Demand for Bicycle Brake Components?
“Growing Adoption of Bicycles as Crucial Part of Recreational and Fitness Activities”
The growing use of bicycles as a critical part of recreational and fitness activities is projected to contribute to the rising demand for bicycle brake components. There are several physical and mental benefits associated with cycling. More individuals, including men, women, and kids, are riding bicycles to improve their health and fitness. Therefore, the growing number of consumers opting for cycling as one of the popular forms of leisure is contributing to the revenue share of the suppliers of bicycle brake components.
“Environmental Concerns Leading to Adoption of Cycling as Eco-friendly Transportation Mode”
In recent times, there has been an increase in awareness regarding environmental sustainability. A growing number of individuals are focused on reducing carbon emissions, leading to an increased adoption of bicycles as a favored eco-friendly mode of transportation. This shift is projected to boost the bicycle brake component market share, driven by people seeking to customize or upgrade their bikes in line with eco-conscious transportation choices.
What are the Obstructions to Global Market Growth?
“High Prices of Bicycle Brake Components and Availability of Counterfeit Products”
The price of bicycle brake components is comparatively high, which is projected to deter some of the potential buyers from purchasing products. In addition, the availability of some counterfeit brake components is forecast to limit the revenue share of the original brands.
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Which Market Trends are Startup Companies Capitalizing On?
“Focus on Production of Electric Bikes Amid Rising Environmental Concerns”
The need for safer transportation, coupled with rising pollution levels and higher fuel costs, is driving the demand for electric bikes. Developed nations are witnessing a rising interest in e-bikes due to stringent emission regulations. Start-ups must invest in technological advancements, particularly by engaging in research and development activities focused on creating bespoke braking systems for bicycles.
Country-wise Insights
As per the analysis published by Fact.MR, a market research and competitive intelligence provider, East Asia is projected to account for a 52.8% share of the global market by the end of 2034. The presence of a huge bicycle fleet along with easy access to the developing bike paths, is projected to contribute to the sales of bicycle parts, including brake components.
How is the Market for Bicycle Brake Components Faring in the United States?
“Increasing Initiatives for Development of Smart Cities to Meet Sustainability Goals”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 1.05 Billion |
| Growth Rate (2024 to 2034) | 7.3% CAGR |
| Projected Value (2034F) | US$ 2.12 Billion |
The United States is forecast to hold a 66.7% share of the North American market by 2034. The dominance of the country is owing to the well-established technological infrastructure and increasing initiatives taken for smart cities emphasizing sustainability practices. In addition, the presence of some prominent players in the United States is also estimated to drive opportunities for players in the coming 10 years. Further, increasing R&D activities for product advancements are also contributing to the revenue stream.
Why is China a Lucrative market for Bicycle Brake Component Suppliers?
“Availability of Extensive Cycle Paths and Presence of Large Fleet of Bicycles”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 2.37 Billion |
| Growth Rate (2024 to 2034) | 6.5% CAGR |
| Projected Value (2034F) | US$ 4.45 Billion |
China is forecast to account for a 67.3% share of East Asia market revenue by the end of 2034. The presence of a huge fleet of bicycles and their components in China is projected to contribute to revenue streams. Further, easy access to cycle paths in the country is leading to the expansion of the bicycle brake component market. Easy access to raw materials, the availability of a workforce, and manufacturing expertise in China drive market growth.
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Category-wise Insights
Fact.MR in its newly published research analysis asserts that worldwide demand for bicycle brake components for electric bikes is projected to increase significantly. The increasing popularity of e-bikes owing to their low or minimal emissions and adherence to stringent emission regulations is leading to their increased adoption by environment-conscious people. This is ultimately resulting in the rising sales of bicycle brake devices.
Which Braking System is Extensively Used in Bicycles?
“Increasing Adoption of Rim Brakes as Efficient Braking Systems”
| Attribute | Rim Brakes |
|---|---|
| Segment Value (2024E) | US$ 4.03 Billion |
| Growth Rate (2024 to 2034) | 7.2% CAGR |
| Projected Value (2034F) | US$ 8.05 Billion |
Rim brakes are forecast to account for a 64.2% share of the global market by 2034. Rim brakes are gaining prominence among customers as one of the most efficient braking systems and are therefore used extensively.
Which Bicycle Type Occupies a Leading Market Share?
“Electric Bikes Lead Revenue Generation Due to Rapidly Increasing Sales”
| Attribute | Electric Bikes |
|---|---|
| Segment Value (2024E) | US$ 1.45 Billion |
| Growth Rate (2024 to 2034) | 9.6% CAGR |
| Projected Value (2034F) | US$ 3.62 Billion |
Electric bikes are projected to account for a 28.9% share of the global market by 2034, as per Fact.MR’s analysis. This prominence of electric bikes is attributed to their popularity among more consumers owing to their environment-friendly nature. They can help minimize carbon emissions to match set regulations. In addition, the growing popularity of sports activities on different terrains is projected to contribute to the rising demand for bicycles and related brake components.
Competitive Landscape
Several market players in the bicycle brake component industry are involved in the production of advanced bicycle components, such as braking systems. They aim to offer a diverse product range while retaining their position. Furthermore, increased investments by these entities in novel advancements and fortifying systems related to supply chain management, quality control, and other areas can provide them with a competitive advantage.
For instance :
- Bosch e-Bike Systems, in July 2022, launched novel anti-lock brake systems for use in e-bikes. The company is emphasizing the use of ABS to avoid e-bike accidents.
Ashima Ltd., Campagnolo S.r.l., BBB Cycling, DIA-COMPE TAIWAN Co., Ltd., Hayes Bicycles Group Inc., Full Speed Ahead S.r.l., Clarks Cycle Systems Ltd., Shimano Inc., Industrias Galfer S.A., SRAM LLC, Hope Technology (IPCO) Ltd., Tektro Technology Corporation, and Rex Articoli Tecnici SA are prominent players in the bicycle brake component market.
Segmentation of Bicycle Brake Component Market Research
-
By Brake Type :
- Rim Brakes
- Disc Brakes
-
By Bicycle Type :
- Mountain
- Hybrid
- Road
- Comfort
- Youth
- Cruiser
- Electric
-
By Sales Channel :
- OEMs
- Aftermarket
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
1. Global Market - Executive Summary 1.1. Global Market Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. Global Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Introduction and Definition 3. Market Background and Foundation Data Points 3.1. Need of the Hour for Industries 3.2. Industry Wise Industry 4.0 3.3. Strategic Priorities 3.4. Life Cycle Stage 3.5. Importance of Technology 3.6. Use Cases of Bicycle Brake Component 3.7. Forecast Factors: Relevance and Impact 3.8. Investment Feasibility Matrix 3.9. PESTLE Analysis 3.10. Porter’s Five Forces Analysis 3.11. Market Dynamics 3.11.1. Drivers 3.11.2. Restraints 3.11.3. Opportunity Analysis 3.11.4. Trend 4. Global Market Demand (US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2023 4.2. Current and Future Market Value (US$ Mn) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Brake Type 5.1. Introduction / Key Findings 5.2. Historical Market Value (US$ Mn) Analysis By Brake Type, 2018 to 2023 5.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Brake Type, 2024 to 2034 5.3.1. Rim Brakes 5.3.2. Disc Brakes 5.4. Market Attractiveness Analysis By Brake Type 6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Bicycle Type 6.1. Introduction / Key Findings 6.2. Historical Market Value (US$ Mn) Analysis By Bicycle Type, 2018 to 2023 6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Bicycle Type, 2024 to 2034 6.3.1. Mountain 6.3.2. Hybrid 6.3.3. Road 6.3.4. Comfort 6.3.5. Youth 6.3.6. Cruiser 6.3.7. Electric 6.4. Market Attractiveness Analysis By Bicycle Type 7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Sales Channel 7.1. Introduction / Key Findings 7.2. Historical Market Value (US$ Mn) Analysis By Sales Channel, 2018 to 2023 7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Sales Channel, 2024 to 2034 7.3.1. OEMs 7.3.2. Aftermarket 7.4. Market Attractiveness Analysis By Sales Channel 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region 8.1. Introduction / Key Findings 8.2. Historical Market Value (US$ Mn) Analysis By Region, 2018 to 2023 8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia & Oceania 8.3.6. Middle East and Africa (MEA) 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 9.1. Introduction / Key Findings 9.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 9.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 9.3.1. By Country 9.3.1.1. United States 9.3.1.2. Canada 9.3.2. By Brake Type 9.3.3. By Bicycle Type 9.4. Market Attractiveness Analysis 9.4.1. By Country 9.4.2. By Brake Type 9.4.3. By Bicycle Type 10. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 10.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 10.3.1. By Country 10.3.1.1. Brazil 10.3.1.2. Mexico 10.3.1.3. Rest of Latin America 10.3.2. By Brake Type 10.3.3. By Bicycle Type 10.3.4. By Sales Channel 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Brake Type 10.4.3. By Bicycle Type 10.4.4. By Sales Channel 11. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 11.3.1. By Country 11.3.1.1. Germany 11.3.1.2. France 11.3.1.3. Italy 11.3.1.4. Spain 11.3.1.5. United Kingdom 11.3.1.6. BENELUX 11.3.1.7. Russia 11.3.1.8. Rest of Europe 11.3.2. By Brake Type 11.3.3. By Bicycle Type 11.3.4. By Sales Channel 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Brake Type 11.4.3. By Bicycle Type 11.4.4. By Sales Channel 12. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 12.3.1. By Country 12.3.1.1. China 12.3.1.2. Japan 12.3.1.3. South Korea 12.3.2. By Brake Type 12.3.3. By Bicycle Type 12.3.4. By Sales Channel 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Brake Type 12.4.3. By Bicycle Type 12.4.4. By Sales Channel 13. South Asia & Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 13.3.1. By Country 13.3.1.1. India 13.3.1.2. Thailand 13.3.1.3. Malaysia 13.3.1.4. Singapore 13.3.1.5. Vietnam 13.3.1.6. ANZ 13.3.1.7. Rest of South Asia & Oceania 13.3.2. By Brake Type 13.3.3. By Bicycle Type 13.3.4. By Sales Channel 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Brake Type 13.4.3. By Bicycle Type 13.4.4. By Sales Channel 14. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 14.3.1. By Country 14.3.1.1. GCC Countries 14.3.1.2. South Africa 14.3.1.3. Israel 14.3.1.4. Rest of Middle East and Africa (MEA) 14.3.2. By Brake Type 14.3.3. By Bicycle Type 14.3.4. By Sales Channel 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Brake Type 14.4.3. By Bicycle Type 14.4.4. By Sales Channel 15. Market Structure Analysis 15.1. Market Analysis by Tier of Companies 15.2. Market Concentration 15.3. Market Share Analysis of Top Players 15.4. Market Presence Analysis 16. Competition Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Competition Deep Dive 16.3.1. Ashima Ltd. 16.3.1.1. Company Overview 16.3.1.2. Brake Type overview 16.3.1.3. SWOT Analysis 16.3.1.4. Key Developments 16.3.2. Campagnolo S.r.l. 16.3.2.1. Company Overview 16.3.2.2. Brake Type overview 16.3.2.3. SWOT Analysis 16.3.2.4. Key Developments 16.3.3. BBB Cycling 16.3.3.1. Company Overview 16.3.3.2. Brake Type overview 16.3.3.3. SWOT Analysis 16.3.3.4. Key Developments 16.3.4. DIA-COMPE TAIWAN Co., Ltd. 16.3.4.1. Company Overview 16.3.4.2. Brake Type overview 16.3.4.3. SWOT Analysis 16.3.4.4. Key Developments 16.3.5. Hayes Bicycles Group Inc. 16.3.5.1. Company Overview 16.3.5.2. Brake Type overview 16.3.5.3. SWOT Analysis 16.3.5.4. Key Developments 16.3.6. Full Speed Ahead S.r.l. 16.3.6.1. Company Overview 16.3.6.2. Brake Type overview 16.3.6.3. SWOT Analysis 16.3.6.4. Key Developments 16.3.7. Clarks Cycle Systems Ltd. 16.3.7.1. Company Overview 16.3.7.2. Brake Type overview 16.3.7.3. SWOT Analysis 16.3.7.4. Key Developments 16.3.8. Shimano Inc. 16.3.8.1. Company Overview 16.3.8.2. Brake Type overview 16.3.8.3. SWOT Analysis 16.3.8.4. Key Developments 16.3.9. Industrias Galfer S.A. 16.3.9.1. Company Overview 16.3.9.2. Brake Type overview 16.3.9.3. SWOT Analysis 16.3.9.4. Key Developments 16.3.10. SRAM LLC 16.3.10.1. Company Overview 16.3.10.2. Brake Type overview 16.3.10.3. SWOT Analysis 16.3.10.4. Key Developments 16.3.11. Hope Technology (IPCO) Ltd. 16.3.11.1. Company Overview 16.3.11.2. Brake Type overview 16.3.11.3. SWOT Analysis 16.3.11.4. Key Developments 16.3.12. Tektro Technology Corporation 16.3.12.1. Company Overview 16.3.12.2. Brake Type overview 16.3.12.3. SWOT Analysis 16.3.12.4. Key Developments 16.3.13. Rex Articoli Tecnici SA 16.3.13.1. Company Overview 16.3.13.2. Brake Type overview 16.3.13.3. SWOT Analysis 16.3.13.4. Key Developments 17. Assumptions and Acronyms Used 18. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Brake Type, 2018 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Brake Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Brake Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Bicycle Type, 2018 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Bicycle Type, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Bicycle Type, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2023
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Brake Type, 2018 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Brake Type, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Brake Type, 2024 to 2034
Table 19: North America Market Value (US$ Mn) Analysis, by Bicycle Type, 2018 to 2023
Table 20: North America Market Value (US$ Mn) Analysis, by Bicycle Type, 2024 to 2034
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Bicycle Type, 2024 to 2034
Table 22: North America Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 23: North America Market Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 28: Latin America Market Value (US$ Mn) Analysis, by Brake Type, 2018 to 2023
Table 29: Latin America Market Value (US$ Mn) Analysis, by Brake Type, 2024 to 2034
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Brake Type, 2024 to 2034
Table 31: Latin America Market Value (US$ Mn) Analysis, by Bicycle Type, 2018 to 2023
Table 32: Latin America Market Value (US$ Mn) Analysis, by Bicycle Type, 2024 to 2034
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Bicycle Type, 2024 to 2034
Table 34: Latin America Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 35: Latin America Market Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Europe Market Value (US$ Mn) Analysis, by Brake Type, 2018 to 2023
Table 41: Europe Market Value (US$ Mn) Analysis, by Brake Type, 2024 to 2034
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Brake Type, 2024 to 2034
Table 43: Europe Market Value (US$ Mn) Analysis, by Bicycle Type, 2018 to 2023
Table 44: Europe Market Value (US$ Mn) Analysis, by Bicycle Type, 2024 to 2034
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Bicycle Type, 2024 to 2034
Table 46: Europe Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 47: Europe Market Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Brake Type, 2018 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Brake Type, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Brake Type, 2024 to 2034
Table 55: East Asia Market Value (US$ Mn) Analysis, by Bicycle Type, 2018 to 2023
Table 56: East Asia Market Value (US$ Mn) Analysis, by Bicycle Type, 2024 to 2034
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Bicycle Type, 2024 to 2034
Table 58: East Asia Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 59: East Asia Market Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Brake Type, 2018 to 2023
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Brake Type, 2024 to 2034
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Brake Type, 2024 to 2034
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Bicycle Type, 2018 to 2023
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Bicycle Type, 2024 to 2034
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Bicycle Type, 2024 to 2034
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 76: MEA Market Value (US$ Mn) Analysis, by Brake Type, 2018 to 2023
Table 77: MEA Market Value (US$ Mn) Analysis, by Brake Type, 2024 to 2034
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Brake Type, 2024 to 2034
Table 79: MEA Market Value (US$ Mn) Analysis, by Bicycle Type, 2018 to 2023
Table 80: MEA Market Value (US$ Mn) Analysis, by Bicycle Type, 2024 to 2034
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Bicycle Type, 2024 to 2034
Table 82: MEA Market Value (US$ Mn) Analysis, by Sales Channel, 2018 to 2023
Table 83: MEA Market Value (US$ Mn) Analysis, by Sales Channel, 2024 to 2034
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by Sales Channel, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Brake Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Brake Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Brake Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Bicycle Type, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Bicycle Type, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Bicycle Type, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 21: North America Market Share Analysis by Country, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Brake Type, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Brake Type, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Brake Type, 2024 to 2034
Figure 27: North America Market Share and BPS Analysis by Bicycle Type, 2024 & 2034
Figure 28: North America Market Y-o-Y Growth Projections by Bicycle Type, 2024 to 2034
Figure 29: North America Market Attractiveness Analysis by Bicycle Type, 2024 to 2034
Figure 30: North America Market Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 31: North America Market Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 32: North America Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 40: Latin America Market Share and BPS Analysis by Brake Type, 2024 & 2034
Figure 41: Latin America Market Y-o-Y Growth Projections by Brake Type, 2024 to 2034
Figure 42: Latin America Market Attractiveness Analysis by Brake Type, 2024 to 2034
Figure 43: Latin America Market Share and BPS Analysis by Bicycle Type, 2024 & 2034
Figure 44: Latin America Market Y-o-Y Growth Projections by Bicycle Type, 2024 to 2034
Figure 45: Latin America Market Attractiveness Analysis by Bicycle Type, 2024 to 2034
Figure 46: Latin America Market Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 47: Latin America Market Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 48: Latin America Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 52: Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 53: Europe Market Share Analysis by Country, 2024 & 2034
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 55: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 56: Europe Market Share and BPS Analysis by Brake Type, 2024 & 2034
Figure 57: Europe Market Y-o-Y Growth Projections by Brake Type, 2024 to 2034
Figure 58: Europe Market Attractiveness Analysis by Brake Type, 2024 to 2034
Figure 59: Europe Market Share and BPS Analysis by Bicycle Type, 2024 & 2034
Figure 60: Europe Market Y-o-Y Growth Projections by Bicycle Type, 2024 to 2034
Figure 61: Europe Market Attractiveness Analysis by Bicycle Type, 2024 to 2034
Figure 62: Europe Market Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 63: Europe Market Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 64: Europe Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 68: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 69: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 71: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 72: East Asia Market Share and BPS Analysis by Brake Type, 2024 & 2034
Figure 73: East Asia Market Y-o-Y Growth Projections by Brake Type, 2024 to 2034
Figure 74: East Asia Market Attractiveness Analysis by Brake Type, 2024 to 2034
Figure 75: East Asia Market Share and BPS Analysis by Bicycle Type, 2024 & 2034
Figure 76: East Asia Market Y-o-Y Growth Projections by Bicycle Type, 2024 to 2034
Figure 77: East Asia Market Attractiveness Analysis by Bicycle Type, 2024 to 2034
Figure 78: East Asia Market Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 79: East Asia Market Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 80: East Asia Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2024 to 2034
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2024 & 2034
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Brake Type, 2024 & 2034
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Brake Type, 2024 to 2034
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Brake Type, 2024 to 2034
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Bicycle Type, 2024 & 2034
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Bicycle Type, 2024 to 2034
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Bicycle Type, 2024 to 2034
Figure 94: South Asia & Oceania Market Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 96: South Asia & Oceania Market Attractiveness Analysis by Sales Channel, 2024 to 2034
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 100: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 101: MEA Market Share Analysis by Country, 2024 & 2034
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 103: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 104: MEA Market Share and BPS Analysis by Brake Type, 2024 & 2034
Figure 105: MEA Market Y-o-Y Growth Projections by Brake Type, 2024 to 2034
Figure 106: MEA Market Attractiveness Analysis by Brake Type, 2024 to 2034
Figure 107: MEA Market Share and BPS Analysis by Bicycle Type, 2024 & 2034
Figure 108: MEA Market Y-o-Y Growth Projections by Bicycle Type, 2024 to 2034
Figure 109: MEA Market Attractiveness Analysis by Bicycle Type, 2024 to 2034
Figure 110: MEA Market Share and BPS Analysis by Sales Channel, 2024 & 2034
Figure 111: MEA Market Y-o-Y Growth Projections by Sales Channel, 2024 to 2034
Figure 112: MEA Market Attractiveness Analysis by Sales Channel, 2024 to 2034
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- FAQs -
How much is the bicycle brake component market worth?
The global bicycle brake component market is estimated at US$ 6.37 billion in 2024.
What are the projected sales of bicycle brake components for 2034?
Sales of bicycle brake components are projected to reach US$ 12.54 billion by the end of 2034.
What is the demand growth projection for bicycle brake components?
Global demand for bicycle brake components is forecasted to rise at a CAGR of 7% from 2024 to 2034.
What is the projected contribution of East Asia to global market revenue by 2034?
East Asia is forecasted to account for 52.8% share of the global market by the end of 2034.
At what rate is the demand for bicycle brake components forecasted to increase in Canada?
Demand for bicycle brake components in Canada is projected to increase at a CAGR of 8.1% from 2024 to 2034.
What is the principle of braking?
Braking prevents the wheel from turning by applying friction between the rotating elements linked to the wheels or non-rotating elements linked to the body.
Bicycle Brake Component Market