Bicycle Components Market - Forecast(2022 - 2027)

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Bicycle Components MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Bicycle Component Market is forecast to reach
  9.4 billion by 2025, growing at a CAGR 6.1 from
  2020 to 2025.
• The global demand for bicycle components is
  directly correlated with the rapid
  industrialization and introduction of new,
  extremely light but very strong materials. 
• That has transformed the bicycle component
  manufacturing industry. New technology and
  advanced methodology used to manufacture such
  bicycle components have been increasingly applied
  in the manufacturing sector of sports and
  mountain bicycles.

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• Key Takeaways
• The global demand for bicycle components is
  directly correlated with rapid industrialization
  and new, extremely light but very strong
  materials being introduced. That transformed the
  manufacturing of bicycle components.
• Strong development in emerging-country economies,
  including rising employment rates, is also
  driving consumer spending capacity, which in turn
  acts as another factor driving growth in the
  bicycle components market.

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Market Segment Analysis - By Application The
Hybrid Bike Segment is projected to grow during
the forecast period at the highest CAGR.
Bicycling offers a variety of physical and mental
benefits and with increasing consumer acceptance
of bicycles to enhance health activities, demand
has increased significantly in the recent past.
In addition to health and wellness, Hybrid Bike
has been used for transportation and recreational
activities, which in turn is expected to drive
global market growth in bicycle components over
the forecast period.
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• Bicycle Components Market Industry Outlook 
• Giant Manufacturing Co., Ltd.
• Currie Technologies
• Dorel Industries Inc.
• Trek Bicycle Corporation
• Atlas Cycles Limited
• Marin Bikes
• Accell Group N.V.
• Merida Industry Co. Ltd
• Avon Cycles Ltd. SRAM LLC
• SHIMANO INC.

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Bicycle Components Market - Forecast(2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Bicycle-Comp
onents-Market-Research-504366
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id504366

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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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