Bicycle Brake Components Market

Bicycle Brake is intended to provide a decelerating force to retard a bicycle speed and for placing it in rest. In urban and rural areas, bicycles are attaining popularity as an effective means of transportation, where it is often more convenient than other methods. Bicycle brakes are the prominent part of bicycle, these are often made of aluminum for reasons of strength, weight, and corrosion resistance and for low-end bicycles, and many parts are made of steel. Brake pedal, disc brake, rear brake and others are bicycle brake components, intended to stop the motion of bicycle when needed. Bicycle brake components differ with type of bicycle such as disc brake for mountain bikes, and downhill racing bikes. Hayes brakes with advanced technology also committed for high performance with breakthrough design. Urban bikes with sustainable design, lightweight, and manageable brakes also attract the user. Opportunities associated with new technological advancement in bicycles as in e-bikes, standard, mountain terrain bike, kid bicycle segment and racing bikes become a factor to fuel the market growth of bicycle brake components market. In order to enhance the quality of bicycles, manufacturing companies are focusing towards improvement of bicycle brake components by using high quality steel and aluminum parts. Moreover bicycle brake components market undergone significant growth by improvising its brake components designs, techniques.
Bicycle Brake Components Market aims to provide a comprehensive presentation of the global market for Bicycle Brake Components, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bicycle Brake Components. Bicycle Brake Components Market contains market size and forecasts of Bicycle Brake Components in global, including the following market information:
Global Bicycle Brake Components Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Bicycle Brake Components Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Bicycle Brake Components companies in 2022 (%)
The global Bicycle Brake Components market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Bicycles are cost efficient than any other vehicles, and in large population areas, workers use bicycles in order to escape the crowded trains on their daily commute. Such factors drive the market growth in developing countries for bicycle brake component market. Green movement to maintain ecofriendly atmospheres, the need to address health problems, environmental sustainability, and higher gas prices augur well for the future of human-powered transportation. ?Increase in the popularity of bicycle racing also drive the growth for bicycle brake components market. The hybrid bicycle segments with disc brakes is estimated to account for significant amount in the bicycle market due to high demand from the users for, commuting, recreational, and trekking purposes. High bicycle market growth boost the demand for light weighted, attractive design brake components. ?The repair and maintenance of bicycles is expected to drive the brake components market perennially.
We surveyed the Bicycle Brake Components manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bicycle Brake Components Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Bicycle Brake Components Market Segment Percentages, by Type, 2022 (%)
Spoon Brake
Duck Brake
Rim Brake
Disc Brake
Drum Brake
Coaster Brake
Drag Brake
Band Brake
Global Bicycle Brake Components Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Bicycle Brake Components Market Segment Percentages, by Application, 2022 (%)
Road Bikes
Sports Bikes
Hybrid Bikes
Mountain Bikes
Global Bicycle Brake Components Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Bicycle Brake Components Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bicycle Brake Components revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bicycle Brake Components revenues share in global market, 2022 (%)
Key companies Bicycle Brake Components sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Bicycle Brake Components sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Maxway Cycles
INT'L CORP
Shimano
SRAM Corporation
Magura
Fibrax
Hayes Disc Brake
TRP CYCLING COMPONENTSS
Promax Components
Galfer
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bicycle Brake Components, market overview.
Chapter 2: Global Bicycle Brake Components market size in revenue and volume.
Chapter 3: Detailed analysis of Bicycle Brake Components manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bicycle Brake Components in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bicycle Brake Components capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.