The global Bike Wheels market was valued at 1919.65 Million USD in 2021 and will grow with a CAGR of 2.26% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A bike wheel is a wheel, most commonly a wire wheel, designed for a bike. A pair is often called a wheelset, especially in the context of ready built "off the shelf" performance-oriented wheels.Bike Wheels are typically designed to fit into the frame and fork via dropouts, and hold bicycle tires. This report mainly covers sports bicycles, excluding Bicycle-sharing and ordinary bicycles for transportation. The main applications covers Road Bike, Mountain Bike, Gravel/Cyclo-cross Bike, Track Bike and so on. Global Bike Wheels key players include URSUS, Syncros (Scott Sports), CADEX (Giant), VISION via FSA, etc. From the view of the region, Asia-Pacific has a larger market share which accounts for more than 45%, will witness stable growth in the following years. Europe holds a market share about 25%, which will still play an important role and cannot be ignored. Any changes from North America might affect the development trend of Bike Wheels. Other Regions also play important roles in the global market, but they will witness a comparatively big market share in the future. According to the Segmentation of types, all the market of Bike Wheels can be divided as follows: The first kind is Alloy Wheel, it holds a comparatively larger share in global market, which accounts for about 65%. Another kind is Carbon Wheel, for many companies, the Carbon Wheel is attractive because of the market consumption need in the future. Carbon Wheel shares the rest 35% market share. In terms of application, Road bike dominates this market and occupies over 40% of the total share. Besides, Mountain bike and other applications also play an important role in the market.

By Market Verdors:

URSUS

Syncros (Scott Sports)

CADEX (Giant)

VISION via FSA

HollowGram (Cannondale)

Roval (Specialized Bicycles)

SPINERGY

Sensa Supra

Ambrosio

Halo Wheels

Yishun Bike

Miche

By Types:

Alloy Wheels

Carbon Wheels

By Applications:

Road Bike

Mountain Bike

Gravel/Cyclo-Cross Bike

Track Bike

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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