The article cited AMA's Global Road Racing Bicycle Market Study explored substantial growth with CAGR of %. According the report, Increasing Consumption of Tubeless Road Racing Bicycle
is one of the primary growth factors for the market. Growing Number of Cycling Enthusiasts
is also expected to contribute significantly to the Road Racing Bicycle market. Overall, Competition
applications of Road Racing Bicycle, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Jamis Bikes (United States), Kestrel Bicycles (United States), The Schwinn Bicycle Company (United States), SCOTT Sports (Switzerland), GT Bicycles (United States), F.I.V. E. Bianchi S.p.A. (Italy), Seven Cycles (United States), Eddy Merckx (Belgium), Giant Bicycles (China), Jenson USA (United States), The Raleigh Bicycle Company (United Kingdom), Redline Bicycles (United States) and Merida Industry Co., Ltd (China) may see astonishing sales in this Market and certainly improve revenue growth.
The Frame Material, such as Steel Frame, is boosting the Road Racing Bicycle 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 Brake, such as Disc, is boosting the Road Racing Bicycle 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 End User, such as Professional Racer, is boosting the Road Racing Bicycle 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 Road Racing Bicycle market identified that the demand is rising in many different parts of the world as "Increasing Awareness about the Road Racing Sport will Boost the Road Racing Bicycle Market
". Furthermore, some recent industry insights like "On 10th May 2020, Abu Dhabi-based Chimera Investments has acquired a majority share in Colnago, the prestigious Italian racing bicycle manufacturer – known as the ‘Ferrari of bicycles. Thirty cyclists from 13 countries in UAE Team Emirates are riding Colnago bikes this year." is constantly making the industry dynamic. One of the challenges that industry facing is "High Cost Involved with the Road Racing Bicycle"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Road Racing Bicycle market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Road Racing Bicycle market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Road Racing Bicycle market tight? Which application/end-user category or Product Type [] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
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 Road Racing Bicycle market and other related sub-markets covered in the study.
o Key & emerging players in the Road Racing Bicycle 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 Road Racing Bicycle market size is calculated using market estimation process, the Road Racing Bicycle 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 Road Racing Bicycle market size has been validated using both top-down and bottom-up approaches.