Non-motor Bicycle Market
Non-motor Bicycle Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Non-motor Bicycle Market Size and Growth
The Non-motor Bicycle market research reports indicate a growing demand for eco-friendly transportation options. Market size is estimated at USD 15 billion, driven by increasing urbanization and awareness of environmental sustainability. Key trends include the rise of electric-assisted bicycles and the popularity of cycling as a recreational activity.
Companies Covered (Covid 19 Impact Covered)
◍ Accell
◍ Giant
◍ Dorel Industries
◍ Trek (Roth Distributing)
◍ Hero Cycles
◍ TI Cycles
◍ ByK Bikes
◍ Yamaha
◍ Dino Bikes
◍ Cube
◍ Cannondale
◍ Specialized
◍ Samchuly Bicycle
◍ Atlas
◍ Merida
◍ DAHON
◍ Gazelle
The non-motor bicycle market is highly competitive with key players such as Accell, Giant, Dorel Industries, Trek, Hero Cycles, and more. These companies offer a wide range of non-motor bicycles to cater to different consumer needs. By offering innovative designs and quality products, these companies contribute to the growth of the non-motor bicycle market.
- Accell: Sales revenue of €1.14 billion in 2020
- Giant: Sales revenue of $1.33 billion in 2020
- Dorel Industries: Sales revenue of $2.17 billion in 2020
- Trek: Sales revenue of $1.26 billion in 2020
- Hero Cycles: Sales revenue of $895 million in 2020
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