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2020-03-15
510
China
China has been called as “kingdom of bicycles” owing to the high adoption of bicycles among the large population of China which is continuously growing for decades when it was a major means of personal transportation. With the advancement of technology, the trend of bicycle manufacturing is advancing in China, and the popularity of bicycles is growing all over the world on account of the health consciousness and environmental concerns to reduce CO2 emissions. The rising urbanization, congestion, and sustainability are majorly driving the rising demand for bicycles all over China and the world. China is the world’s largest bicycle producer and the growing economy of China has leveraged this position. China bicycle manufacturers have started to shift their focus on manufacturing electric bicycles on account of the changing environment. The annual production of bicycles has reached nearly 5,000 million units in 2016. Fuji-ta Group, a China-based cycle manufacturing, and R&D company have an annual capacity of 20 million units annually. The United States has a large bicycle market and its major imports of a bicycle are from China. The sales of the bicycle in the United States is gradually rising due to growing awareness of benefits from riding bicycle and government initiatives to promote bicycle is further increasing the number of cyclists in the region.
By Product Type
The on-road bicycle segment accounted for the largest market share of 58.4% in 2016 owing to the rising sales of the bicycle for fitness and mountaineering. Over the forecast period, e-bicycles are expected to take over the market share, growing at a CAGR of 7.3% during 2017-2025.
By Pricing Model
By Distribution Channel
By Business Model
The report covers the present ground scenario and the future growth prospects of the bicycle manufacturing market for 2017-2025 along with the industry players’ analysis. We calculated the industry size and revenue share on the basis of revenue generated from major players in the China region.
China Bicycle Manufacturing Industry Outlook 2017-2025, has been prepared based on an in-depth industry analysis from industry experts. The report covers the competitive landscape and current position of major players in the China bicycle manufacturing industry space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of industry players and their business models. “China Bicycle Manufacturing Industry Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
Our China bicycle manufacturing industry report comprises of the following companies as the key players: Dahon, Flying Pigeon, Phoenix, Trinx, Fuji-Ta Group, Aimos Technology Co., Ltd., Jobo Technology Co., Ltd., Sihaihengtong Bicycle Co., Ltd., Ristar Electronic & Machinery Co., Ltd., Juxiang Vehicle Co., Ltd., Giant, Trek Bicycle manufacturing Corporation, Scott Sports SA, Specialized Bicycle manufacturing Components, Inc., Bianchi, Cicli Pinarello S.p.A., Colnago Ernesto & C. S.r.l., Cannondale Bicycle manufacturing Corporation, GT Bike, Merida Bicycle manufacturing, Santa Cruz Bicycle manufacturings, Schwinn, Piaggio & Co. SpA, Atala spa, Accell Group, canyon bicycle manufacturers, etc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive industry and vendor landscape in addition to a SWOT analysis of the key vendors.
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