Bicycle Component Market

Bicycle Component Market Study by Frames, Saddles, Rims, Brakes, and Pedals for Mountain, Hybrid/Cross, Electric, Road, Comfort, Youth, and Cruiser Bikes from 2024 to 2034

Analysis of Bicycle Component Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Bicycle Component Market Outlook (2024 to 2034)

The global bicycle component market size is set to reach US$ 12.35 billion in 2024. Fact.MR’s latest market study projects market expansion at a CAGR of 6.7% and a valuation of US$ 23.7 billion by 2034-end.

Bicycle components include handlebars, pedals, brakes, gears, wheels, tires, and frames. Each component has a specific function in the bike's operation and can vary in design and material for different biking purposes, like road cycling, mountain biking, or commuting. Increasing fuel prices are encouraging more people to ride bicycles.

Manufacturers are focusing on meeting various parameters such as performance, durability, and weight specifications, allowing cyclists to customize and optimize their bikes for specific purposes. The quality and compatibility of bicycle components impact the overall riding experience and safety standards, making them crucial in the cycling industry. Global trends like climate change, which necessitate the adoption of eco-friendly transportation solutions, are also contributing to bicycle component market growth. These factors have opened up new opportunities for product development.

Key Market Growth Drivers :

  • Bicycles are becoming an environmentally friendly mode of transportation due to the use of lighter and more durable materials in their production and improved gear systems.
  • Growth of this industry is supported by the proliferation of e-commerce platforms, making it easier for customers to access various bicycle parts.
  • Key market driver is the cycling industry's focus on using eco-friendly materials.
  • Popularity of cycling as both a sport and leisure activity is driving up demand for high-quality bicycle parts.
  • Demand for sports and mountain bikes is rising as they often require specialized parts.
  • Electric bicycle sales are on the rise, as e-bikes require specific components such as electric motors and batteries.
  • Global increase in the adoption of bike riding for health reasons is driving demand for bicycle parts.
  • Rising number of cycling events worldwide is boosting sales of bicycles and accessories.
  • Following COVID-19 lockdowns in 2020, the European bicycle market experienced a strong rebound in 2021, driven by demand for high-end bicycles, particularly in the United Kingdom, Germany, Spain, and France.
Report Attributes Details
Bicycle Component Market Size (2024E) US$ 12.35 Billion
Forecasted Market Value (2034F) US$ 23.7 Billion
Global Market Growth Rate (2024 to 2034) 6.7% CAGR
North America Market Share (2024) 27.8%
Market Share of Mountain Bikes (2024) 35.7%
Sales of Frames (2024) US$ 4.68 Billion
Key Companies Profiled
  • Accell Group
  • Dorel Industries
  • Shimano Inc.
  • SRAM LLC
  • Hero Cycles Ltd
  • Campagnolo S.R.L.
  • Merida Bikes
  • Specialized Bicycle Components
  • Trek Bicycle Corporation
  • Marin Bikes
  • Atlas Cycles Ltd.

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What are the Ongoing Bicycle Component Market Trends?

“Growing Emphasis on Reducing Carbon Emissions and Rise in Online Bicycle Sales”

Increasing number of online retail channels are providing consumers with a wide variety of bicycle options to choose from. Retailers online simplify browsing, comparing, and purchasing from home. Factors such as a wide product range, affordability, and doorstep delivery convenience drive this growth. The rise of online shopping, especially among tech-savvy consumers, fuels this trend, offering market players opportunities to expand digitally.

Cycling, popular for recreation and transportation, aligns with the global shift towards sustainability. Bicycles, inherently eco-friendly, help in reducing carbon footprints, thus contributing to market growth.

What are the Challenges Faced by Manufacturers of Bicycle Components?

“High Cost of Electric Bicycle Components Compared to Traditional Bicycles”

High cost of bicycle accessories is impeding the bicycle apparel market. An uneven cost-benefit ratio is projected to restrain demand for bicycle components. The cost of electric bicycle components is higher than that of traditional bicycle components. Another factor contributing to a decrease in demand for electric bicycle components is the high cost of some bike categories, which continues to further reduce consumer buying power.

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Country-wise Insights

East Asia, North America, and Europe are the regions that present profitable opportunities to manufacturers of bicycle components. Cycling parts and accessories have a well-established supply chain in the Asia Pacific region, as it is home to some of the biggest bicycle manufacturers in the world, including Giant Manufacturing Co. Ltd. and Merida Industry Co. Ltd.

Over the forecast period, the market in Europe is forecasted to exhibit significant growth due to a well-established cycling culture. This is boosting demand for high-performance accessories that meet the needs of cycling enthusiasts. The increasing demand for accessories such as batteries, chargers, and motor components that meet the requirements of e-bike riders has increased as e-bikes are becoming more and more popular in the region.

Cities in Europe are ideal for cyclists to commute. The region is also home to several renowned cycling competitions, including the Tour de France and Ronde van Vlaanderen. Furthermore, to promote and facilitate bicycle commuting, European nations like Belgium, Denmark, France, and Italy are making significant infrastructure investments.

What is Augmenting Demand for Bicycle Components in the United States?

“Government Initiatives to Raise Awareness about Reducing Carbon Emissions”

Attribute United States
Market Value (2024E) US$ 2.55 Billion
Growth Rate (2024 to 2034) 5.9% CAGR
Projected Value (2034F) US$ 4.54 Billion

Sales of bicycle components in North America are projected to rise at a CAGR of 5.9% over the next decade, with the United States holding 74.3% of the bicycle component market share in the region. The United States government's involvement in raising awareness of the importance of reducing carbon emissions is responsible for the rising sales of bicycles. The preference for personal mobility solutions among American consumers is driving up demand for conventional, mountain, and electric bicycles.

How are Manufacturers in China Responding to the Rising Trend of Cycling?

“Focus on Restructuring Supply Chains to Support Surge in Bicycle Production and Exports”

Attribute China
Market Value (2024E) US$ 2.18 Billion
Growth Rate (2024 to 2034) 7.1% CAGR
Projected Value (2034F) US$ 4.33 Billion

Sales of bicycle components in China are increasing at a significant pace due to government support, infrastructure improvements, and growing health consciousness. With cycling gaining popularity, demand for bicycle components is projected to continue its upward trajectory.

  • According to customs data from the People’s Republic of China, 16.19 million bicycles were exported in the first quarter of 2021, which marks a 73.4% increase from 2020. This surge in export volume amounted to US$ 1.06 billion, up by 101.6% from the previous year.
  • According to the China Bicycle Association, 60% of all bicycle trade globally originates in China. Therefore, China has an important role to play in driving market growth.

Category-wise Insights

Frames account for 38% market share, while brakes occupy 18% share at present. Sales of both components are forecasted to touch US$ 8.5 billion and US$ 4.3 billion, respectively, over the next 10 years.

Why are Frames an Important Segment of the Market?

“Frames Holding Dominant Share Due to Their Role in Enhancing Bicycle Safety and Appearance”

Attribute Frames
Segment Value (2024E) US$ 4.68 Billion
Market Share (2024) 37.9%
Projected Value (2034F) US$ 8.53 Billion

The bicycle frame is crucial for both the design and safety of a bicycle. It forms the cornerstone of the bicycle's structure and significantly enhances its appearance and safety features. Due to the increasing popularity of leisure activities, the recreational cycling market is projected to grow. The trend towards bicycles as convenient exercise tools promoting a healthier lifestyle and addressing concerns like obesity is projected to fuel demand for bicycle components.

What is the Reason Behind Increased Demand for Mountain Bike Components?

“Strong Preference for Electric Mountain Bikes among Younger Adventure Enthusiasts”

Attribute Mountain Bikes
Segment Value (2024E) US$ 4.4 Billion
Market Share (2024) 35.7%
Projected Value (2034F) US$ 8.24 Billion

Mountain biking is becoming more and more popular among young people as a means of recreation and adventure, which is projected to drive market growth. The demand for electric mountain bikes, which have specialized motors to assist riders in pedaling, has surged in recent years. These bikes have made mountain biking accessible to a broader range of riders, including those lacking technical expertise or fitness for traditional mountain bikes.

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Competitive Landscape

Key players in the bicycle component market are Accell Group, Dorel Industries, Shimano Inc., SRAM LLC, Hero Cycles Ltd., Campagnolo S.R.L., Merida Bikes, Specialized Bicycle Components, Trek Bicycle Corporation, Marin Bikes, and Atlas Cycles Ltd.

  • Shimano, the world’s leading bicycle parts manufacturer, will use its new plant in Singapore as a hub for exploring Southeast Asia’s high-potential market for sports bikes. This was declared by the company’s Chair and Chief Executive Yozo Shimano, as per a report by the Financial Times.
  • SRAM is a U.S.-based company that specializes in the development and manufacturing of different bicycle components. In January 2023, the company started a testing laboratory in Schweinfurt, Germany, which conducts both dynamic and static tests on different bicycle components.

Segmentation of Bicycle Component Market Research

  • By Type :

    • Mountain
    • Hybrid/Cross
    • Electric
    • Road
    • Comfort
    • Youth
    • Cruiser
  • By Component :

    • Frames
    • Saddles
    • Rims
    • Brakes
    • Pedals
  • By Sales Channel :

    • OEMs
    • Aftermarket
  • By Region :

    • North America
    • Europe
    • Latin America
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

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 Companies

    3.2. Strategic Priorities

    3.3. Life Cycle Stage

    3.4. Importance of Technology

    3.5. Use Cases of Bicycle Component

    3.6. Forecast Factors: Relevance and Impact

    3.7. Investment Feasibility Matrix

    3.8. PESTLE Analysis

    3.9. Porter’s Five Forces Analysis

    3.10. Market Dynamics

        3.10.1. Drivers

        3.10.2. Restraints

        3.10.3. Opportunity Analysis

        3.10.4. 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 Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Value (US$ Mn) Analysis By Type, 2018 to 2023

    5.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Type, 2024 to 2034

        5.3.1. Mountain

        5.3.2. Hybrid/Cross

        5.3.3. Electric

        5.3.4. Road

        5.3.5. Comfort

        5.3.6. Youth

        5.3.7. Cruiser

    5.4. Market Attractiveness Analysis By Type

6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Component

    6.1. Introduction / Key Findings

    6.2. Historical Market Value (US$ Mn) Analysis By Component, 2018 to 2023

    6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Component, 2024 to 2034

        6.3.1. Frames

        6.3.2. Saddles

        6.3.3. Rims

        6.3.4. Brakes

        6.3.5. Pedals

    6.4. Market Attractiveness Analysis By Component

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 Type

        9.3.3. By Component

    9.4. Market Attractiveness Analysis

        9.4.1. By Country

        9.4.2. By Type

        9.4.3. By Component

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 Type

        10.3.3. By Component

        10.3.4. By Sales Channel

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Type

        10.4.3. By Component

        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 Type

        11.3.3. By Component

        11.3.4. By Sales Channel

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Type

        11.4.3. By Component

        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 Type

        12.3.3. By Component

        12.3.4. By Sales Channel

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Type

        12.4.3. By Component

        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 Type

        13.3.3. By Component

        13.3.4. By Sales Channel

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Type

        13.4.3. By Component

        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 Type

        14.3.3. By Component

        14.3.4. By Sales Channel

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Type

        14.4.3. By Component

        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. Accell Group

            16.3.1.1. Company Overview

            16.3.1.2. Type overview

            16.3.1.3. SWOT Analysis

            16.3.1.4. Key Developments

        16.3.2. Dorel Industries

            16.3.2.1. Company Overview

            16.3.2.2. Type overview

            16.3.2.3. SWOT Analysis

            16.3.2.4. Key Developments

        16.3.3. Shimano Inc.

            16.3.3.1. Company Overview

            16.3.3.2. Type overview

            16.3.3.3. SWOT Analysis

            16.3.3.4. Key Developments

        16.3.4. SRAM LLC

            16.3.4.1. Company Overview

            16.3.4.2. Type overview

            16.3.4.3. SWOT Analysis

            16.3.4.4. Key Developments

        16.3.5. Hero Cycles Ltd

            16.3.5.1. Company Overview

            16.3.5.2. Type overview

            16.3.5.3. SWOT Analysis

            16.3.5.4. Key Developments

        16.3.6. Campagnolo S.R.L.

            16.3.6.1. Company Overview

            16.3.6.2. Type overview

            16.3.6.3. SWOT Analysis

            16.3.6.4. Key Developments

        16.3.7. Merida Bikes

            16.3.7.1. Company Overview

            16.3.7.2. Type overview

            16.3.7.3. SWOT Analysis

            16.3.7.4. Key Developments

        16.3.8. Specialized Bicycle Components

            16.3.8.1. Company Overview

            16.3.8.2. Type overview

            16.3.8.3. SWOT Analysis

            16.3.8.4. Key Developments

        16.3.9. Trek Bicycle Corporation

            16.3.9.1. Company Overview

            16.3.9.2. Type overview

            16.3.9.3. SWOT Analysis

            16.3.9.4. Key Developments

        16.3.10. Marin Bikes

            16.3.10.1. Company Overview

            16.3.10.2. Type overview

            16.3.10.3. SWOT Analysis

            16.3.10.4. Key Developments

        16.3.11. Atlas Cycles Ltd.

            16.3.11.1. Company Overview

            16.3.11.2. Type overview

            16.3.11.3. SWOT Analysis

            16.3.11.4. 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 Type, 2018 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Component, 2018 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Component, 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 Type, 2018 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Component, 2018 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Component, 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 Type, 2018 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Component, 2018 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Component, 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 Type, 2018 to 2023

Table 41: Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 43: Europe Market Value (US$ Mn) Analysis, by Component, 2018 to 2023

Table 44: Europe Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Component, 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 Type, 2018 to 2023

Table 53: East Asia Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 55: East Asia Market Value (US$ Mn) Analysis, by Component, 2018 to 2023

Table 56: East Asia Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Component, 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 Type, 2018 to 2023

Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Component, 2018 to 2023

Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Component, 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 Type, 2018 to 2023

Table 77: MEA Market Value (US$ Mn) Analysis, by Type, 2024 to 2034

Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034

Table 79: MEA Market Value (US$ Mn) Analysis, by Component, 2018 to 2023

Table 80: MEA Market Value (US$ Mn) Analysis, by Component, 2024 to 2034

Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Component, 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 Type, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Type, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Component, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Component, 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 Type, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Type, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Component, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Component, 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 Type, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Type, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Component, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Component, 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 Type, 2024 & 2034

Figure 57: Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 58: Europe Market Attractiveness Analysis by Type, 2024 to 2034

Figure 59: Europe Market Share and BPS Analysis by Component, 2024 & 2034

Figure 60: Europe Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 61: Europe Market Attractiveness Analysis by Component, 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 Type, 2024 & 2034

Figure 73: East Asia Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 74: East Asia Market Attractiveness Analysis by Type, 2024 to 2034

Figure 75: East Asia Market Share and BPS Analysis by Component, 2024 & 2034

Figure 76: East Asia Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 77: East Asia Market Attractiveness Analysis by Component, 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 Type, 2024 & 2034

Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 90: South Asia & Oceania Market Attractiveness Analysis by Type, 2024 to 2034

Figure 91: South Asia & Oceania Market Share and BPS Analysis by Component, 2024 & 2034

Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 93: South Asia & Oceania Market Attractiveness Analysis by Component, 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 Type, 2024 & 2034

Figure 105: MEA Market Y-o-Y Growth Projections by Type, 2024 to 2034

Figure 106: MEA Market Attractiveness Analysis by Type, 2024 to 2034

Figure 107: MEA Market Share and BPS Analysis by Component, 2024 & 2034

Figure 108: MEA Market Y-o-Y Growth Projections by Component, 2024 to 2034

Figure 109: MEA Market Attractiveness Analysis by Component, 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

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the bicycle component market in 2024?

The global bicycle component market is estimated to reach US$ 12.35 billion in 2024.

Which country is anticipated to account for a significant market share in 2024?

The United States market for bicycle components is estimated to reach US$ 2.55 billion in 2024.

What is the estimated market size of Japan for 2034?

The market for bicycle components in Japan is forecasted to reach US$ 4.26 billion by 2034.

Which type of bike holds a significant market share?

Sales of mountain bike components are estimated to reach US$ 4.4 billion in 2024.

How much will sales of cycle brakes reach in 2024?

Sales of bicycle brakes are estimated to reach US$ 2.23 billion in 2024.

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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)

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