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Global High-End Bicycle Market 2017-2021

Global High-End Bicycle Market 2017-2021

About High-End Bicycle

High-end bikes are high-speed bikes that are built with advanced technology and modern designs incorporating high-quality materials to offer comfort and durability. These bikes are priced over $1000. Their penetration rate among price-sensitive consumers is low. High-end bikes are targeted at premium customers. Cycling enthusiasts, adventure seekers, and urban commuters are the key customers who drive the global high-end bicycle market.

Technavio’s analysts forecast the global high-end bicycle market to grow at a CAGR of 4.82% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global high-end bicycle market for 2017-2021. To calculate the market size, the report considers the sales/value and exclude services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global High-End Bicycle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Derby Cycle
  • Giant Bicycle
  • MERIDA
  • Specialized Bicycle Components
  • Trek Bicycle
Other prominent vendors
  • Bianchi
  • CYCLING SPORTS GROUP
  • DAHON
  • Kona
  • Marin Bikes
  • Pacific Cycles
  • Samchuly Bicycle
  • Santa Cruz Bicycles
  • SCOTT Sports
  • XDS BICYCLES
Market driver
  • Increasing demand for luxury products among affluent consumers
  • For a full, detailed list, view our report
Market challenge
  • Increasing demand for luxury products among affluent consumers
  • For a full, detailed list, view our report
Market trend
  • Smart features in high-end bikes
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global High-End Bicycle Market 2017-2021

Technavio recognizes the following companies as the key players in the global high-end bicycle market: Derby Cycle, Giant Bicycle, MERIDA, Specialized Bicycle Components, and Trek Bicycle

Other Prominent Vendors in the market are: Bianchi, CYCLING SPORTS GROUP, DAHON, Kona, Marin Bikes, Pacific Cycles, Samchuly Bicycle, Santa Cruz Bicycles, SCOTT Sports, and XDS BICYCLES.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Smart features in high-end bikes. To boost sales, the existing vendors in the global high-end bicycle market are increasingly focusing on incorporating smart features to the existing brands. Argon 18 is a high-end bike that qualifies as a smart bike. It comprises 30 aerodynamic sensors. It calculates muscle oxygenation levels, lactic acid levels, and heart-rate variations. It is incorporated with ANT+ technology that equips a Bluetooth device to enable the global positioning system (GPS) tracking facility. The pressure exerted on various parts of the saddle during long endurance rides can also be measured. Vendors plan to launch multiple varieties of the same bike with variations in size, structure, weights, and size of wheels. Vendors, of late, are investing in custom-made bike accessories and protective gear.”

According to the report, one of the major drivers for this market is Increasing demand for luxury products among affluent consumers. Consumers in developed economies prefer high-end bikes that are more expensive than the ordinary ones. Consumers from the high-income category are drifting from mainstream luxury items to high-end bikes and automobiles. Manufacturers in the global high-end bicycle market are tapping on the increasing demand for luxury among affluent consumers and introducing designs with stylish logos and brand symbols. Customized bikes that are elite-looking are sought-after by the target consumers of the market. Attractive bike saddles with alligator skin and 24-carat gold-plated frames are in vogue in the global high-end bicycle market.

Further, the report states that one of the major factors hindering the growth of this market is Increase in motor vehicular population. Over the last few decades, there has been a significant increase in the adoption of motorcycles. The demand for motorcycles is stimulated by increased income levels and rising standards of living of the global population base. Scooters and mopeds are currently available at lower prices when compared to high-end bicycles. Their demand is backed by easy maneuverability in congested areas. Gearless and light vehicles such as Vespa and Activa cater to the female customer segment as well. The advent of motor vehicles, therefore, pose a major challenge to the global high-end bicycle market.

Companies Mentioned

Derby Cycle, Giant Bicycle, MERIDA, Specialized Bicycle Components, Trek Bicycle, Bianchi, CYCLING SPORTS GROUP, DAHON, Kona, Marin Bikes, Pacific Cycles, Samchuly Bicycle, Santa Cruz Bicycles, SCOTT Sports, and XDS BICYCLES.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global high-end bicycle market scenario 2016-2021
      • Table Global high-end bicycle market by revenue 2016-2021 ($ billions)
    • Five forces analysis
      • Table Global high-end bicycle market: Five forces analysis
  • Market segmentation by product
    • Global high-end bicycle market: Segmentation by product
      • Table Global high-end bicycle market: Product segmentation 2016 (% share of revenue)
      • Table Global high-end bicycle market: Product segmentation 2021 (% share of revenue)
      • Table Global high-end bicycle market: Product segmentation 2016-2021 (% share of revenue)
    • Hybrid bikes
      • Table Global hybrid bikes market by revenue 2016-2021 ($ billions)
    • Mountain Bikes
      • Table Global mountain bike market by revenue 2016-2021 ($ billions)
      • Table Key types of mountain bikes
    • Road bikes
      • Table Global road bikes market by revenue 2016-2021 ($ billions)
    • Track bikes
      • Table Global track bikes market by revenue 2016-2021 ($ billions)
    • Others
      • Table Key types of bicycles in the others category
      • Table Global others bike market by revenue 2016-2021 ($ billions)
  • Market segmentation by retail format
    • Global high-end bicycle market: Segmentation by retail format
      • Table Global high-end bicycle market by retail format
      • Table Global high-end bicycle market: Retail format segmentation 2016 (% share of revenue)
      • Table Global high-end bicycle market: Retail format segmentation 2021 (% share of revenue)
      • Table Global high-end bicycle market by retail formats 2016-2021 (% share of revenue)
    • Specialty bicycle retailers
      • Table Global specialty bicycle retailers by revenue 2016-2021 ($ billions)
    • Sporting goods retailers
      • Table Global sporting goods retailers by revenue 2016-2021 ($ billions)
    • Department stores and hypermarkets
      • Table Global high-end bicycle market by department stores and hypermarkets by revenue 2016-2021 ($ billions)
    • Others
      • Table Global high-end bicycle market by others revenue 2016-2021 ($ billions)
  • Regional landscape
    • Global high-end bicycle market: Segmentation by geography
      • Table Global high-end bicycle market: Regional segmentation 2016-2021 (% share of revenue)
    • Regional comparison
      • Table Global high-end bicycle market: Regional comparison
    • Americas - market size & forecast
      • Table High-end bicycle market in Americas: Market size & forecast 2016-2021 ($ billions)
      • Table High-end bicycle market in Americas: Year-over-year growth 2017-2021
      • Table Top 3 countries in Americas (% share of revenue)
    • EMEA - market size & forecast
      • Table High-end bicycle market in EMEA: Market size & forecast 2016-2021 ($ billions)
      • Table High-end bicycle market in EMEA: Year-over-year growth 2017-2021
      • Table Top 3 countries in EMEA (% share of revenue)
    • APAC - market size & forecast
      • Table High-end bicycle market in APAC: Market size & forecast 2016-2021 ($ billions)
      • Table High-end bicycle market in APAC: Year-over-year growth 2017-2021
      • Table Top 3 countries in APAC (% share of revenue)
    • Key leading countries
      • Table Global h igh-end bicycle market: Key leading countries in 2016
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
      • Table Global high-end bicycle market: Analysis of key competitors
    • Comparative analysis of key vendors
      • Table Key vendors: Competitive analysis by product portfolio, product pricing, and geographical presence
      • Table Comparative analysis of product offerings and geographical presence
  • Key vendor analysis
    • Derby Cycle
      • Table Derby Cycle: Brand portfolio
      • Table Derby Cycle: Bikes overview
    • Giant Bicycle
      • Table Giant Bicycle: Product segmentation
      • Table Giant Bicycle: High-end bikes overview
    • MERIDA
      • Table MERIDA: Product segmentation
      • Table MERIDA: Product overview
    • Specialized Bicycle Components
      • Table Specialized Bicycle Components: Product segmentation
      • Table Specialized Bicycle Components: Overview of product portfolio
    • Trek Bicycle
      • Table Trek Bicycle: Product segmentation
      • Table Trek Bicycle: Bicycle overview
    • Other prominent vendors
      • Table Global high-end bicycle market: Other prominent competitors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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