Bicycle Industry Sustainability, Innovation And Technology
Global bicycle sector data book is a collection of market sizing information & forecasts (2017-2030), key players’ competitive benchmarking analysis, government regulatory data, macro-environmental analysis, and technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research. The global bicycle industry size was valued at USD 76.01 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.5% from 2023 to 2030. Bicycle Market Growth & Trends The global bicycle market size was valued at USD 64.63 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 9.7% from 2023 to 2030. Recent advancements in mobile app development and Global Positioning System (GPS) have resulted in app-based dockless bicycle-sharing systems. Moreover, the growing adoption of s