Track Bike Market to Show Strong Growth | Leading players Fuji Bikes, Cinelli, R&A Cycles

The Track Bike Market has witnessed continuous growth in past few years and is projected to grow at good pace during the forecast period of 2022-2027. The exploration provides a 360° view and insights, highlighting major outcomes of Track Bike industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. Additionally, the study helps venture or emerging players in understanding the businesses to make well-informed decisions. Some of the major and emerging players within the market are Cannondale Bicycle Corporation (United States),Fuji Bikes (United States),KOGA B.V. (Netherlands),Look Cycle (France),Dedacciai (Italy),Cinelli (Italy),Dolan Bikes Limited (England),R&A Cycles (United States),HOY Bikes (United States),BMC (Switzerland),Felt Bicycles (United States),Giant Manufacturing Co. Ltd (Taiwan),Argon 18 (Canada).

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A track bicycle or track bike is a bicycle optimized for racing at a velodrome or outdoor track. Unlike road bicycles, the track bike is a fixed-gear bicycle and so has a single gear and neither freewheel nor brakes. According to a secondary sources, in 2018, about four million, the number of young adults participating in cycling has remained largely constant. The track bikes are stiffer in nature to maximize acceleration and power transfer, particularly for sprinting. These bikes are used in various sports events for instance, track cycling is one of the Olympic sports in Australia. As per a survey in 2019, the cycling participation rate in Australian capital city such as Darwin reported to have 43.9% of the population ridden bicycles in the previous year. The demand for track bikes in European countries in indoor track events is boosting the market growth.

Breakdown by segments, the market is categorized as: 
by Type (Standard Track Bike, Sprinters Track Bike, Pursuit Track Bike), Application (Competition, Training, Others), Bike Material (Carbon Fiber, Aluminium Alloy, Titanium Alloy, Chromoly Steel, Other), Pricing (Below USD 1,000, USD 1,000 to USD 2,500, USD 2,500 to USD 5,000, Above USD 5,000), Sales Channel (Online, Offline), Bike Size (Cyclist Height) (XXS-XS (< 166 Height), S (164 – 175 Height), M (173 – 184 Height), L (> 182 Height))

Market Trends:

  • Demand for Durable and Corrosion Resistance Track Bike

Market Drivers:

  • Increasing Demand for Track Bikes in Europe
  • Growing Popularity of Cycling Race as Sports

Market Opportunities:

  • Growing Adoption of Track Bikes by Women
  • Demand for Lightweight and High Strength Track Bikes

Players profiled in the report: Cannondale Bicycle Corporation (United States),Fuji Bikes (United States),KOGA B.V. (Netherlands),Look Cycle (France),Dedacciai (Italy),Cinelli (Italy),Dolan Bikes Limited (England),R&A Cycles (United States),HOY Bikes (United States),BMC (Switzerland),Felt Bicycles (United States),Giant Manufacturing Co. Ltd (Taiwan),Argon 18 (Canada).

Regional Analysis for Track Bike Market includes: North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey & Rest of Middle East & Africa

The Global Track Bike Market study covers on-going status, % share, upcoming growth patterns, development cycle, SWOT analysis, sales channels & distributions to anticipate trending scenarios for years to come. It aims to recommend analysis of the market by trend analysis, segment breakdown, and players contribution in Track Bike market upliftment. The market is sized by 5 major regions i.e., North America, Europe, Asia Pacific (includes Asia & Oceania separately), Middle East and Africa (MEA), and Latin America and further broken down by 18+ jurisdiction or countries like China, the UK, Germany, United States, France, Japan, India, group of Southeast Asian & Nordic countries etc.

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For Consumer-Centric data, demand-side or survey analysis can be added in final deliverable as part of customization that would include analysis and consumer behaviour of Track Bike Market by demographic factor such as Age, Gender, Occupation, Income Level or Education. {*subject to data availability and feasibility}

Consumer Traits Includes Following Patterns**
Consumer Buying patterns (e.g., comfort & convenience, economical, pride)
Customer Lifestyle (e.g., health conscious, family orientated, community active)
Expectations (e.g., service, quality, risk, influence)

Major Highlights from the Global Track Bike Market factored in the Analysis

Track Bike Market Measures & Parameters Addressed in Study: The report highlights Track Bike market features such segment revenue, weighted average selling price by region, capacity utilization rate, production & production value, % gross margin by company, consumption, import & export, demand & supply, cost bench-marking of finished product in Track Bike Industry, market share and annualized growth rate (Y-o-Y) and % CAGR.

Major Strategic Track Bike Market Developments: Activities such as Research & Development (R&D) by phase, on-going and completed Merger & Acquisition (M&A) [deal value, purpose, effective year], Joint ventures (JVs), Technological tie-ups, Suppliers partnerships & collaborations, agreements, new launches etc taken by Track Bike Industry players during projected timeframe of study.

What unique qualitative insights is included in Track Bike Market research study?
The Global Track Bike Market report provides the rigorously studied and evaluated data of the top industry players and their scope in the market by means of various analytical tools. To gain a deep dive analysis; qualitative commentary on changing market dynamics {drivers, restraints & opportunities}, PESTLE, 5-Forces, Feasibility study, BCG matrix (% Share vs % Growth), SWOT by players, Heat Map analysis etc have been provided to better correlate key players product offering in the market.

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Extracts from Table of Contents :
1. Track Bike Market Overview
– Market Snapshot
– Definition
– Product Classification
2. Track Bike Market Dynamics
– Drivers, Trends, Restraints
– Market Factors Analysis
3. New Entrants and Entry-barriers
4. Standardization, Regulatory and collaborative initiatives
– Manufacturing Process Analysis
– Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers
5. Global Track Bike Market Competition by Manufacturers
6. Track Bike Market Value [USD], Capacity, Supply (Production), Consumption, Price, Export-Import (EXIM), by Region (2016-2021)
7. Track Bike Revenue (Value), Production, Sales Volume, by Region (2022-2027)
8. Track Bike Market Manufacturers Profiles/Analysis
– Market Share Analysis by Manufacturers (2021)
– Manufacturers Profiles (Overview, Financials, SWOT etc)
– Connected Distributors/Traders
– Marketing Strategy by Key Manufacturers/Players

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