Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 5.86 |
Track Bicycle Market Analysis Report 2023-2032
The Track Bicycle Market is poised to experience a Compound Annual Growth Rate (CAGR) of 6.25% between 2022 and 2032. Over this period, the market size is expected to witness a substantial increase, reaching USD 2,560.45 million. The growth of this market is driven by various factors, including the rising popularity of track cycling as a competitive sport, increased focus on fitness and healthy lifestyle choices, and advancements in bicycle technology designed for track racing. The market comprises a range of bicycles and related accessories tailored for track cycling events and training.
Track Bicycle Market Overview
Drivers
One of the key drivers behind the growth of the Track Bicycle Market is the increasing popularity of track cycling as a competitive sport and recreational activity. Track cycling, often held in velodromes, has gained a significant following, especially among fitness enthusiasts and competitive cyclists. This trend has resulted in a growing demand for specialized track bicycles designed for high-speed racing on the velodrome.
Additionally, the global focus on fitness and healthy lifestyle choices has led to an uptick in cycling activities, including track cycling. More people are choosing bicycles as a means of transportation and exercise, driving the demand for quality track bicycles.
Trends
An important trend in the Track Bicycle Market is the continuous development of advanced bicycle technologies. Manufacturers are investing in research and development to create lighter, more aerodynamic, and efficient track bicycles. These innovations aim to enhance the performance of both professional athletes and amateur cyclists.
Furthermore, the integration of smart technology into track bicycles is gaining momentum. Features such as real-time performance monitoring, GPS tracking, and connectivity with smartphone apps are becoming standard, allowing cyclists to analyze and improve their performance.
Restraints
One of the challenges facing the Track Bicycle Market is the relatively high cost of track bicycles compared to standard road or mountain bikes. Track bicycles are specialized and often require specific components and materials, which can increase their price. This cost factor may deter some potential customers, especially those new to track cycling.
Another restraint is the limited availability of velodrome tracks for track cycling. Unlike road cycling, which can be practiced on regular streets, track cycling typically requires access to a velodrome, which may not be available in all regions.
Track Bicycle Market Segmentation By Bicycle Type
The market offers various types of track bicycles to cater to different cycling disciplines and preferences. Categories include sprint bicycles, endurance bicycles, and omnium bicycles, each designed for specific track events and riding styles.
Track Bicycle Market Segmentation By Accessories
In addition to bicycles, the market offers a wide range of accessories and components designed to enhance the performance and comfort of track cyclists. Accessories include aero helmets, carbon wheelsets, cycling shoes, and track-specific apparel.
The popularity of track cycling varies by region, with some countries and cities having a strong tradition of track cycling. Regions with well-established velodromes and cycling cultures, such as Europe, often have a higher demand for track bicycles. However, the market is expanding globally as track cycling gains popularity in new regions.
Track Bicycle Market Customer Landscape
The Track Bicycle Market report provides insights into the preferences and behaviors of track cyclists, ranging from professional athletes to recreational riders. Factors such as cycling goals, experience level, and budget influence customers' choices of track bicycles and accessories.
Major Track Bicycle Market Companies
Leading companies in the Track Bicycle Market focus on innovation, product development, and partnerships with professional cycling teams to enhance their market presence. These companies often have a global customer base and participate in cycling events to showcase their products.
Sample list of major companies in the market:
Segment Overview
The Track Bicycle Market report provides revenue forecasts on a global, regional, and country level. It also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.
Table of Content
Chapter 1 About the Track Bicycle Industry
1.1 Industry Definition and Types
1.1.1 Carbon Fiber
1.1.2 Aluminum
1.1.3 Steel
1.2 Main Market Activities
1.3 Similar Industries
1.4 Industry at a Glance
Chapter 2 World Market Competition Landscape
2.1 Track Bicycle Markets by Regions
2.1.1 USA
Market Revenue (M USD) and Growth Rate 2015-2025
Sales and Growth Rate 2015-2025
Major Players Revenue (M USD) in 2019
2.1.2 Europe
Market Revenue (M USD) and Growth Rate 2015-2025
Sales and Growth Rate 2015-2025
Major Players Revenue (M USD) in 2019
2.1.3 China
Market Revenue (M USD) and Growth Rate 2015-2025
Sales and Growth Rate 2015-2025
Major Players Revenue (M USD) in 2019
2.1.4 India
Market Revenue (M USD) and Growth Rate 2015-2025
Sales and Growth Rate 2015-2025
Major Players Revenue (M USD) in 2019
2.1.5 Japan
Market Revenue (M USD) and Growth Rate 2015-2025
Sales and Growth Rate 2015-2025
Major Players Revenue (M USD) in 2019
2.1.6 South East Asia
Market Revenue (M USD) and Growth Rate 2015-2025
Sales and Growth Rate 2015-2025
Major Players Revenue (M USD) in 2019
2.2 World Track Bicycle Market by Types
Carbon Fiber
Aluminum
Steel
2.3 World Track Bicycle Market by Applications
Competition
Training
Other
2.4 World Track Bicycle Market Analysis
2.4.1 World Track Bicycle Market Revenue and Growth Rate 2015-2019
2.4.2 World Track Bicycle Market Consumption and Growth rate 2015-2019
2.4.3 World Track Bicycle Market Price Analysis 2015-2019
Chapter 3 World Track Bicycle Market share
3.1 Major Production Market share by Players
3.2 Major Revenue (M USD) Market share by Players
3.3 Major Production Market share by Regions in 2019, Through 2025
3.4 Major Revenue (M USD) Market share By Regions in 2019, Through 2025
Chapter 4 Supply Chain Analysis
4.1 Industry Supply chain Analysis
4.2 Raw material Market Analysis
4.2.1 Raw material Prices Analysis 2015-2019
4.2.2 Raw material Supply Market Analysis
4.2 Manufacturing Equipment Suppliers Analysis
4.3 Production Process Analysis
4.4 Production Cost Structure Benchmarks
4.5 End users Market Analysis
Chapter 5 Company Profiles
5.1 Koga
5.1.1 Company Details (Foundation Year, Employee Strength and etc)
5.1.2 Product Information (Picture, Specifications and Applications)
5.1.3 Revenue (M USD), Price and Operating Profits
5.2 Look Cycle
5.2.1 Company Details (Foundation Year, Employee Strength and etc)
5.2.2 Product Information (Picture, Specifications and Applications)
5.2.3 Revenue (M USD), Price and Operating Profits
5.3 Cinelli
5.3.1 Company Details (Foundation Year, Employee Strength and etc)
5.3.2 Product Information (Picture, Specifications and Applications)
5.3.3 Revenue (M USD), Price and Operating Profits
5.4 Cobra
5.4.1 Company Details (Foundation Year, Employee Strength and etc)
5.4.2 Product Information (Picture, Specifications and Applications)
5.4.3 Revenue (M USD), Price and Operating Profits
5.5 Velodrome
5.5.1 Company Details (Foundation Year, Employee Strength and etc)
5.5.2 Product Information (Picture, Specifications and Applications)
5.5.3 Revenue (M USD), Price and Operating Profits
5.6 Dolan
5.6.1 Company Details (Foundation Year, Employee Strength and etc)
5.6.2 Product Information (Picture, Specifications and Applications)
5.6.3 Revenue (M USD), Price and Operating Profits
5.7 R&A Cycles
5.7.1 Company Details (Foundation Year, Employee Strength and etc)
5.7.2 Product Information (Picture, Specifications and Applications)
5.7.3 Revenue (M USD), Price and Operating Profits
5.8 Fuji
5.8.1 Company Details (Foundation Year, Employee Strength and etc)
5.8.2 Product Information (Picture, Specifications and Applications)
5.8.3 Revenue (M USD), Price and Operating Profits
5.9 HOY
5.9.1 Company Details (Foundation Year, Employee Strength and etc)
5.9.2 Product Information (Picture, Specifications and Applications)
5.9.3 Revenue (M USD), Price and Operating Profits
5.10 Dedacciai
5.10.1 Company Details (Foundation Year, Employee Strength and etc)
5.10.2 Product Information (Picture, Specifications and Applications)
5.10.3 Revenue (M USD), Price and Operating Profits
Chapter 6 Globalisation & Trade
6.1 Business Locations
6.2 Supply channels
6.3 Marketing strategy
6.4 Barriers to Entry
Chapter 7 Distributors and Customers
7.1 Major Distributors and contact information by Regions
7.2 Major Customers and contact information by Regions
Chapter 8 Import, Export, Consumption and Consumption Value by Major Countries
8.1 USA
8.2 Germany
8.3 China
8.4 Japan
8.5 India
Chapter 9 World Track Bicycle Market Forecast through 2025
9.1 World Track Bicycle Demand by Regions Forecast through 2025
9.2 World Track Bicycle Price(by Regions, Types, Applications)Analysis Forecast through 2025
9.3 World Track Bicycle Revenue (M USD)(by Regions, Types, Applications) Forecast through 2025
9.4 World Track Bicycle Market Analysis
9.4.1 World Track Bicycle Market Revenue and Growth Rate 2015-2019
9.4.2 World Track Bicycle Market Consumption and Growth rate 2015-2019
9.4.3 World Track Bicycle Market Price Analysis 2015-2019
Chapter 10 Key success factors and Market Overview
Tables and figures
Table Main Market Activities by Regions
Table Market Revenue (M USD) and Growth Rate 2015-2025
Table Major Players Revenue (M USD) in 2019
Table Market Revenue (M USD) and Growth Rate 2015-2025
Table Major Players Revenue (M USD) in 2019
Table Market Revenue (M USD) and Growth Rate 2015-2025
Table Major Players Revenue (M USD) in 2019
Table Market Revenue (M USD) and Growth Rate 2015-2025
Table Major Players Revenue (M USD) in 2019
Table Market Revenue (M USD) and Growth Rate 2015-2025
Table Major Players Revenue (M USD) in 2019
Table Major Production Market share by Players 2019
Table Major Revenue (M USD) Market share by Players 2019
Table Production Market share by Major Regions in 2015-2019
Table Production Market share by Major Regions in 2020-2025
Table Revenue (M USD) Market share by Regions in 2015-2019
Table Revenue (M USD) Market share by Regions in 2020-2025
Table Industry Supply chain Analysis
Table Raw material Prices Analysis 2015-2019
Table Raw material Suppliers Market Analysis
Table Manufacturing Equipment Suppliers Analysis
Figure Production Process Analysis
Figure Production Cost Structure
Table major End Users by Regions
Table Koga Information List
Figure Track BicycleTrack Bicycle Picture, Specifications and Applications of Koga
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Koga 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of Koga 2019-2020
Table Look Cycle Information List
Figure Track Bicycle Picture, Specifications and Applications of Look Cycle
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Look Cycle 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of Look Cycle 2019-2020
Table Cinelli Information List
Figure Track Bicycle Picture, Specifications and Applications of Cinelli
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Cinelli 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of Cinelli 2019-2020
Table Cobra Information List
Figure Track Bicycle Picture, Specifications and Applications of Cobra
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Cobra 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of Cobra 2019-2020
Table Velodrome Information List
Figure Track Bicycle Picture, Specifications and Applications of Velodrome
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Velodrome 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of Velodrome 2019-2020
Table Dolan Information List
Figure Track Bicycle Picture, Specifications and Applications of Dolan
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Dolan 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of Dolan 2019-2020
Table R&A Cycles Information List
Figure Track Bicycle Picture, Specifications and Applications of R&A Cycles
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of R&A Cycles 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of R&A Cycles 2019-2020
Table Fuji Information List
Figure Track Bicycle Picture, Specifications and Applications of Fuji
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Fuji 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of Fuji 2019-2020
Table HOY Information List
Figure Track Bicycle Picture, Specifications and Applications of HOY
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of HOY 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of HOY 2019-2020
Table Dedacciai Information List
Figure Track Bicycle Picture, Specifications and Applications of Dedacciai
Table Track Bicycle Sales Volume, Price, Operating Cost, Operating Profits, Revenue (M USD) and Profits Margin of Dedacciai 2019-2020
Figure Track Bicycle Sales Volume and World Market Share of Dedacciai 2019-2020
Table Business Locations
Figure Supply channels
Figure Marketing strategy
Table Barriers Analysis to Entry
Table Major Distributors and contact information by Regions
Table Major Customers and contact information by Regions
Table USA Supply, Import, Export, Consumption and Consumption Value(M USD)
Table Germany Supply, Import, Export, Consumption and Consumption Value(M USD)
Table China Supply, Import, Export, Consumption and Consumption Value(M USD)
Table Japan Supply, Import, Export, Consumption and Consumption Value(M USD)
Table India Supply, Import, Export, Consumption and Consumption Value(M USD)
Table World Demand by Regions Forecast Analysis of Track Bicycle (2020-2025)
Table World Price by Regions Forecast Analysis of Track Bicycle (2020-2025)
Table World Price by Types Forecast Analysis of Track Bicycle (2020-2025)
Table World Price by Applications Forecast Analysis of Track Bicycle (2020-2025)
Table World Revenue (M USD) by Regions Forecast Analysis of Track Bicycle (2020-2025)
Table World Revenue (M USD) by Types Forecast Analysis of Track Bicycle (2020-2025)
Table World Revenue (M USD) by Applications Forecast Analysis of Track Bicycle (2020-2025)
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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