What is Sports Cycling Glasses Market?
A good set of sports glasses is vital while cycling. High speeds on tarmac or off-road, often changing light conditions from bright sunshine to flickering light and shade, insects and dirt or grit flying into face all make cycling glasses an important piece of safety equipment for this sport. As better version can help to find out what to look for when buying a pair of cycling glasses and selection of lenses. Glasses for cyclists have to be actual all-rounders, safely protecting eyes against harmful UV rays, airstream, insects, dust even dirt and grit in the air.
The market study is being classified and major geographies with country level break-up.
ZEISS Group (Germany), Oakley Inc. (United States), Tifosi Optics (United States), Nike (United States), Shimano (Japan), Decathlon (France), Uvex (United States), POC (Sweden), Bugaboos Eyewear Inc. (Canada), Native Eyewear (United States) and Scott (Switzerland) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Sports Cycling Glasses market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Sports Cycling Glasses market by Type, Application and Region.
On the basis of geography, the market of Sports Cycling Glasses 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Inclination towards Various Accessories for Travelling Purpose
- Rising Preference for the Bicycle as an Exercise
Market Trend
- Wearable technology has fitted into cycling over the past couple of years, with the aim of increasing the visibility on the road for the riders. The technology is getting smaller and more advanced.
Restraints
- Fluctuations in Prices of Raw Materials
Opportunities
- Adoption of Advanced Bicycles and Lightweight Bicycles
- High Demand for Bicycles in Developing Countries Due to Environment Concern
Challenges
- Availability of Cheaper Substitutes in the Market
Market Leaders and some development strategies
On February 13, 2020 - Shimano, one of the most iconic components manufacturers in cycling, today announced that they have signed as the official Drivetrain, Brake and Drive Unit Partner of the Enduro World Series (EWS) and the all-new EWS-E.
Key Target Audience
Manufacturers of Sports Cycling Glasses, Suppliers of Sports Cycling Glasses, Wholesalers, Distributors and Retailers of Sports Cycling Glasses, End-User and Others