Global Research Global Bicycles Market 2025- Key Segments and Grow | Page 2

Aspects like technological and design improvements in bicycle frames are also benefitting the market to develop at a
much greater pace. Bicycles Market is segmented on the basis of product types as Road Bicycle, Mountain Bicycle, City
Bicycle, Touring Bicycle, Track Bicycle, Track Bicycle, and Child Bicycle. Among the technology, comparatively, the
conventional bicycles are gaining huge demand across the developing countries, the reason being existence of less
disposable income and more middle class and labor population.
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The main factors that are responsible for the augmented growth include steady population growth, emergence of
government initiatives to encourage sustainable transportation and a healthier life style. In addition, growth in
economies and increasing disposable income of the middle class are some of the other factors that are also
contributing to raise the demand for high end bicycles in this particular region.
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Market Segment:
The major manufacturers covered in this report
• Giant Bicycles
• Hero Cycles
• TI Cycles
• Trek
• Shanghai Phonex
• Atlas
• Flying Pigeon
• Merida