$9.1+ Billion Road Racing Bicycle Global Market to 2026 - Featuring Advanced Sports, Atlas Mountain Race and Diamondback Bicycles Among Others - ResearchAndMarkets.com

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DUBLIN, August 04, 2021--(BUSINESS WIRE)--The "Road Racing Bicycle Market Research Report by Vendor Type, by User, by Distribution Channel, by Application, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Road Racing Bicycle Market size was estimated at USD 9,114.88 Million in 2020 and expected to reach USD 9,668.05 Million in 2021, at a Compound Annual Growth Rate (CAGR) 6.40% to reach USD 13,230.56 Million by 2026.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Road Racing Bicycle Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Road Racing Bicycle Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Road Racing Bicycle Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Road Racing Bicycle Market?

4. What is the competitive strategic window for opportunities in the Global Road Racing Bicycle Market?

5. What are the technology trends and regulatory frameworks in the Global Road Racing Bicycle Market?

6. What is the market share of the leading vendors in the Global Road Racing Bicycle Market?

7. What modes and strategic moves are considered suitable for entering the Global Road Racing Bicycle Market?

Market Dynamics

Drivers

  • Advancement in design claiming to reduce aerodynamic drag

  • Increase in government initiatives for cycling activities

  • Rising adoption of e-bikes as sports equipment

Restraints

  • Issues related to maintenance and servicing of the bicycles

Opportunities

  • Rising influence of celebrity endorsement and international sports events

  • Increasing demand for road racing bicycles in emerging economies

Challenges

  • High cost associated with the carbon fiber composite bicycle frame

Companies Mentioned

  • Advanced Sports, Inc.

  • Atlas Mountain Race

  • Cycling Sports Group, Inc.

  • Cyrusher

  • Diamondback Bicycles

  • Eddy Merckx

  • F.I.V. Edoardo Bianchi S.p.A

  • Giant Manufacturing Co. Ltd.

  • Giordano-Bikes

  • GT Bicycles Inc.

  • Hero Cycles Ltd

  • Jamis Bicycles

  • K2Cycles

  • Kestrel Bicycles

  • MERIDA BIKES International

  • RC Jenson Inc.

  • Schwinn by Pacific Cycle, Inc.

  • SCOTT NETWORK SOLUTIONS

  • Seven Cycles, Inc.

  • Zhejiang Beiou Composites Manufacturing Co. Ltd

For more information about this report visit https://www.researchandmarkets.com/r/nxa5q7

View source version on businesswire.com: https://www.businesswire.com/news/home/20210804005516/en/

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