Bicycle Accessories Market to see Rapid Growth by 2029

The global bicycle accessories market is anticipated to grow at a CAGR of 7.5% during the forecast period (2023–2030). The market growth is attributed to the growing demand for infrastructure development and government initiatives across the globe. Around the globe, numerous governments have implemented investments in bicycle infrastructure, such as designated bike lanes and bicycling-friendly laws. The programmes and initiatives encourages individuals to use bicycles as an alternative means of transportation that has raised the demand for bicycle accessories. Resultantly, several market players are coming up with new products to cater to the demand for bike safety. 

For instance, in April 2023, according to the New York City Department of Transportation (NYC DOT) revealed new initiatives the organisation is taking to improve e-bike safety and increase bike infrastructure. In 2023, the NYC DOT is on schedule to construct a record number of protected bike lanes, harden more than 10 miles of already-existing lanes, and employ more durable materials in new lanes. A public awareness campaign about the safe use of e-bikes will also be launched by the NYC DOT in coming few years. 

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Market Coverage

•                 The market number available for – 2022-2030

•                 Base year- 2022

•                 Forecast period- 2023-2030

Segment Covered- 

•                 By Product 

•                 By Bicycle Type

•                 By Type

•                 By Distribution Channel

Regions Covered-

•                 North America

•                 Europe

•                 Asia-Pacific

•                 Rest of the World

Competitive Landscape- includes Atlas Online Markets Llc, Avon Cycles Ltd., Bots Cycling Pvt. Ltd., Campagnolo S.R.L., Continental Reifen Deutschland Gmbh, and others.

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Bicycle Accessories Market Report Segment

By Product Type

•                 Helmets

•                 Gloves and Warmers

•                 LED Lights

•                 Kickstands

•                 Saddles and Covers

•                 Speedometers

•                 Others

By Bicycle Type

•                 Mountain Bikes

•                 Road

•                 Electric

•                 Others

By Type

•                 OEM

•                 Aftermarket

By Distribution Channel

•                 Specialty Bicycle Retailers

•                 Full-Line Sporting Goods Stores

•                 Online

Bicycle Accessories Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles

•                 Atlas Online Store LLC

•                 Avon Cycles Ltd

•                 Bots Cycling Pvt. Ltd

•                 Campagnolo S.R.L

•                 Continental Reifen Deutschland GmbH

•                 Currie Technologies 

•                 Dt Swiss Group

•                 Eastman Industries

•                 Frankford Bicycle, Inc.

•                 Garmin Ltd.

•                 Lezyne

•                 Marin Bikes 

•                 Merida & Centurion Germany GmbH

•                 Omax Corp.

•                 Rohloff AG

•                 Samchuly Bicycle Co. Ltd.

•                 Specialized Bicycle Components, Inc.

•                 Trek Bicycle Corp.

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