What is Bicycle Rims Market Scope?
Bicycle rim is the outer edge of a wheel that holds the tire. It is the outer circular design of the wheel on which the inside edge of the tire is attached. In a bicycle the rim is a large ring attached to the outer ends of the spokes of the wheel that grips the tire and tube. In cross-section, the rim is profound in the centre and narrow at the outer edges that form a "U" shape that supports for the drop of the tire covering.
Influencing Trend:
Increasing Demand for Light Weight and Strong Bicycle Rims and The Demand for 3D Printed Bicycle Wheel Are Increasing
Market Growth Drivers:
Better Handling Capability of Tires, Increasing Health Concerns Has Ultimately Increased Demand for Bicycle Rims and Aftermarket Demand for Bicycle Rims
Challenges:
Bicycle Rim May Crash Due To Sudden Loads and Brake Abrasion
Restraints:
Lack of High Durability
Opportunities:
The Rising Demand of Adventurous Sports Like Mountain Biking Leads to the Growth in Bicycle Rim
The Bicycle Rims market study is being classified by Type (Less than 16 Inch, 16 Inch to 20 Inch and Above 20 Inch), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United States and Italian will contribute to the maximum growth of Global Bicycle Rims market throughout the predicted period.
Shimano, Inc. (Japan), Campagnolo Bicycling Company (Italy), SRAM LLC (United States), Mavic (France), Specialized Bicycle Components, Inc. (United States), Giant Manufacturing Co. Ltd. (Taiwan), Zipp (United States), Knight Composites (United States), DT Swiss (Switzerland), Trek Bicycle Corporation (United States), Orbea (Spain) and Lapierre (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are ARAYA INDUSTRIAL CO., LTD. (Japan), Ambrosio S.R.L. (Italy), Ursus Spa (Italy), Anne HED (United States) and Xiamen Yishun Carbon Composite Technology Co., Ltd (China).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Bicycle Rims market by Type, Application and Region.
On the basis of geography, the market of Bicycle Rims has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In May 2018, BigRep, manufacturer of large scale 3D printers launched world’s first 3D-printed full-scale airless bicycle tire. This is designed to best fit for specific kinds of biking such as mountain biking and road racing or for different weather and speed conditions.
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.
Key Target Audience
Bicycle Rim Manufacturers, Raw Material Suppliers, New Entrants/Investors, Analysts and Strategic Business Planners and Providers, Dealers, Suppliers, Traders, and Distributors, Government Regulatory and Research Organizations, End-Use Industry, Downstream Vendors and Others
Bicycle Rims Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Bicycle Rims Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Bicycle Rims industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.