The article cited AMA's "Global Bicycle Rims Market Study" explored substantial growth of %. According to the report, Increasing Demand for Light Weight and Strong Bicycle Rims
is one of the primary growth factors for the market. Better Handling Capability of Tires
is also expected to contribute significantly to the Bicycle Rims market. Overall, Sports Bicycles
applications of Bicycle Rims, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Design Type, such as Traditional 'box-section' rim, is boosting the Bicycle Rims market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sales Channel, such as Online, is boosting the Bicycle Rims market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Material Type, such as Stainless steel, is boosting the Bicycle Rims market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Finishing Type, such as Polished, is boosting the Bicycle Rims market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Bicycle Rims market identified that the demand is rising in many different parts of the world as "The Rising Demand of Adventurous Sports Like Mountain Biking Leads to the Growth in Bicycle Rim". Furthermore, some recent industry insights like "In March 2019, Air Fom, manufacturer of bicycle products has launched airless cycling technology that is precision moulded, multiple layers and hi-tech foam insert that can be constructed to simulate different pressures. The patent-pending design also allows Air Fom to be lightweight." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Bicycle Rims market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Bicycle Rims market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Bicycle Rims market size is calculated using market estimation process, the Bicycle Rims market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Bicycle Rims market size has been validated using both top-down and bottom-up approaches.