Smart Bicycles Market

Report Highlights

The scope of this report is broad and covers different types of smart bicycles along with the components. The market is broken down by types of smart bicycles components and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of smart bicycles, component and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional smart bicycles markets; it explains the major market drivers of the global smart bicycles industry, current trends within the industry, major components and the regional dynamics of the global smart bicycles market.
The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global smart bicycles industry.

Report Includes

•  62 tables
•  An up-to-date analysis of the global smart bicycles market.
•  Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2025.
•  Estimation of market size and revenue forecast for global smart bicycles market, and corresponding market share analysis by type, application, and region for each market segment.
•  Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for smart bicycles, identification of the companies that are best positioned to meet this   demand.
•  In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
•  Identification of new products and products still in the development and their probability of successful commercial launch within the next five years
•  Impact of COVID-19 on the smart bicycles market as compared to overall global economy.
•  Insight into the growth development strategies of major smart bicycles manufacturers and their key competitive landscape
• Descriptive company profiles of the leading market participants, including Google, Mobike, OFO, Giant Bicycles, Beeline, oBike, Velospot, XBikes, and BCycle.

Summary.
The smart bicycle market will experience high growth of 12% from 2020-2025. The growth in the market size is driven by the increasing demand for an eco-friendly and efficient solutions for commuting, government support, and strict rules in favor of smart electric bicycles.
Smart bicycles have been accounted for the key solutions for eco-friendly solutions and will grow at a CAGR of 12.0% between 2020 and 2025. The demand for city/urban commute has dominated the market for electric bicycles followed by the demand for recreational activities that drove the market for mountain and trekking electric bicycles.