About Road Racing Bicycle
The road racing bicycle is the road bike that has endurance with the lines of geometry, clerance, braking, and gearing, it is designed for racing competition and cycling events. These bicycles weigh less and consist of stiffer, efficient frames with faster handling. With the growing awareness about the cycling sport, health benefits associated with these sports and also racing competition, events is increasing demand for the road racing bicycle.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Road Racing Bicycle market by , Application (Competition, Events and Exhibition) and Region.
On the basis of geography, the market of Road Racing Bicycle 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). If we see Market by Frame Material, the sub-segment i.e. Steel Frame will boost the Road Racing Bicycle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Brake, the sub-segment i.e. Disc will boost the Road Racing Bicycle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Professional Racer will boost the Road Racing Bicycle market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Tubeless Road Racing Bicycle and Technological Advancement in Road Racing Bicycle
Market Growth Drivers:
Growing Number of Cycling Enthusiasts and Organization of Racing Competitions and Events Around the World
Challenges:
High Cost Involved with the Road Racing Bicycle
Restraints:
Accidents Related Risks Associated with the Road Racing Bicycle Especially in case of Amateur Racers
Opportunities:
Increasing Awareness about the Road Racing Sport will Boost the Road Racing Bicycle Market and Ecommerce Availability of Road Racing Bicycle
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.
Key Target Audience
Road Racing Bicycle Manufacturers, Road Racing Bicycle International Traders, Road Racing Bicycle Distributors and Suppliers, Research and Development Institutes, Road Racing Bicycle Industry Association, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.