Players From The Motorcycle And Bicycle Market Invest Heavily In Innovative And Advanced Bicycles
Motorcycle And Bicycle Global Market Report 2021 - COVID-19 Impact and Recovery
The Business Research Company’s Motorcycle And Bicycle Global Market Report 2021 - COVID-19 Impact and Recovery
LONDON, GREATER LONDON, UK, November 23, 2021 /EINPresswire.com/ -- Bicycle manufacturers are increasingly investing in the manufacture of electric bicycles that operate using rechargeable batteries. These electric bicycles serve as an eco-friendly, low-cost mode of transportation and can also be used for recreational bicycle trips, shopping and errands. Major players are also investing in new electric bicycles equipped with internet and GPS features. For instance, in 2019, Hero Cycles, a manufacturer of bicycles and bicycle related products, in partnership with Yamaha Motor Company launched its e-cycle named Lectro EHX20. Similarly, USA based bike manufacturer Bulls, launched three light-weight electric bicycles in 2020.
TBRC’s holiday sale has begun with discounts on ALL market research reports! Grab your deal now.
The global motorcycle and bicycle market size is expected to grow from $74.36 billion in 2020 to $78.30 billion in 2021 at a compound annual growth rate (CAGR) of 5.3%. The growth of the motorcycle and bicycle market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The motorcycle and bicycle market is expected to reach $109.74 billion in 2025 at a CAGR of 9%.
Read More On The Global Motorcycle And Bicycle Market Report:
https://www.thebusinessresearchcompany.com/report/motorcycle-and-bicycle-global-market-report-2020-30-covid-19-impact-and-recovery
Asia Pacific was the largest region in the global motorcycle and bicycle market, accounting for 42% of the market in 2020. North America was the second largest region, accounting for 20% of the global motorcycle and bicycle market. Africa was the smallest region in the global motorcycle and bicycle market.
Major players covered in the global motorcycle and bicycle market are Yamaha, Honda, BMW, Harley Davidson, Kawasaki.
TBRC’s global motorcycle and bicycle market report is segmented by type into motorcycles and parts, bicycles and parts, motor scooters, other motorcycle and bicycle, by distribution channel into independent retailers, online sales.
Motorcycle And Bicycle Global Market Report 2021 - By Type (Motorcycles And Parts, Bicycles And Parts, Motor Scooters, Other Motorcycle And Bicycle), By Distribution Channel (Independent Retailers, Online Sales), COVID-19 Impact and Recovery is one of a series of new reports from The Business Research Company that provides motorcycle and bicycle market overview, forecast motorcycle and bicycle market size and growth for the whole market, motorcycle and bicycle market segments, and geographies, motorcycle and bicycle market trends, motorcycle and bicycle market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
Request For A Sample Of The Global Motorcycle And Bicycle Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2129&type=smp
Here Is A List Of Similar Reports By The Business Research Company:
Motor Vehicle Steering And Suspension Components Global Market Report 2020 - By Type (Steering components, Suspension components), By Application (Commercial Vehicle, Passenger Car)
https://www.thebusinessresearchcompany.com/report/motor-vehicle-steering-and-suspension-components-global-market-report
Autonomous Commercial Vehicle Global Market Report 2021 - By Vehicle (Truck, Trailer, Bus), By Automation Level (Driver Assistance, Partial Automation, Conditional Automation, High Automation, Full Automation), By Fuel Type (Conventional, Hybrid Vehicle, Electric Vehicle), COVID-19 Growth And Change
https://www.thebusinessresearchcompany.com/report/autonomous-commercial-vehicle-market-global-report-2020-30-covid-19-growth-and-change
Motor Vehicles Global Market Report 2021 - By Type (Motorcycle And Bicycle, Passenger Car, Commercial Vehicle), By Fuel Type (Gasoline, Diesel), By Engine Capacity (<1000 cc, <1000-1500 cc, <1500-2000 cc, >2000 cc), By Propulsion Type (IC Engine, Electric Vehicle), COVID-19 Impact And Recovery
https://www.thebusinessresearchcompany.com/report/motor-vehicles-global-market-report-2020-30-covid-19-impact-and-recovery
Interested to know more about The Business Research Company?
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
Or get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
The Business Research Company
Email: info@tbrc.info
Follow us on LinkedIn: https://bit.ly/3b7850r
Follow us on Twitter: https://bit.ly/3b1rmjS
Check out our Blog: http://blog.tbrc.info/
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn
EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.
