Market Forecasts and Industry Analysis Bicycle Market Growing at 9.48% CAGR to 2023
Bicycle Market Research Report 2018-2022
“The report covers the present scenario and the
growth prospects of the global bicycle market for
2018-2022.”
Bicycles, also called as bikes, are a two-wheeler vehicle that is an eco-friendly and
inexpensive way of commute. Manual pedal bicycles do not require any external fuel or supply source
whereas electric-driven bicycles (with 250W motor) are assisted by electric power and have the
option to be manually pedaled.
The report covers the present scenario and the growth prospects of the global bicycle market for
2018-2022. To calculate the market size, the report considers the scope includes the retail sales of
manual, human-powered two wheeled pedal, bicycles and motor-assisted bicycles, with only electric
bikes (e-bikes) that have maximum of 250W motors fitted-in it to exceed not more than 25 km per
hour.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Complete Report Available @ https://www.radiantinsights.com/research/global-
bicycle-market-2018-2022
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