A cyclocross bike is a bicycle specifically designed for the rigors of a cyclocross race. These are specially designed to travel both off and on road. Cyclocross has gained popularity among non-racers owing to its ability of riding in multiple terrain. It also helped athletes to improve physical fitness. These bikes are generally heavier than a road bike; however, they are lighter than a touring bike. Introduction of cyclocross bikes with innovative design and their use for riding as touring bikes are expected to boost popularity of cyclocross bikes among users. Additionally, riders found cyclocross bikes to be effective owing to their light weight, and offer the experience of traditional European cyclocross.

Rise in purchasing power of end-users, rapid increase in adoption of cyclocross bikes for recreational activity by users, rise in concern about physical fitness among users that is leading to preference for cyclocross bikes across the globe, and sports celebrities endorsing cyclocross bikes as touring bikes are major factors that are expected to drive the sales of cyclocross bikes. Moreover, increase in the number of participants for cyclocross bike racing has fueled the usage of cyclocross bikes, which in turn is expected to boost the cyclocross bikes market during the forecast period. However, high price and maintenance cost of cyclocross bikes is likely to restrain the market in the near future. Nevertheless, development of new and innovative products, targeting new sports centers and wider reach of products through e-commerce are expected to offer significant opportunities to the cyclocross bikes market during the forecast period.

The global cyclocross bikes market can be segmented based on frame material, brake type, size, application, end-user, distribution channel, and region. Based on frame material, the market can be bifurcated into aluminum, steel, and carbon. Based on brake type, the global cyclocross bikes market can be classified into hydraulic disc and mechanical disc. In terms of size, the market can be divided into small, medium, large, and extra-large. Based on application, the global cyclocross bikes market can be split into transportation, racing, recreation, and physical training. Based on end user, the global cyclocross bikes market can be bifurcated into men and women. In terms of distribution channel, the global cyclocross bikes market can be categorized into online channel and offline channel. The online segment can be further sub-segmented into company websites and e-commerce sites.

Based on the region, the global cyclocross bikes market can be split into North America, Europe, Asia Pacific, Middle East & Africa, and South America. The cyclocross bikes market in North America is expected to gain demand owing to rapid growth in racing at different terrain such as mud, grass, woodland and sand. In Europe, rise in popularity of cyclocross racing in autumn or as a winter sport has fueled the usage of cyclocross bikes. In Asia Pacific, rise in awareness about cyclocross bike racing has propelled the demand for bikes. Additionally, rapid growth in the recreational activity among the youth population that are opting for cyclocross bikes is likely to boost the sales of cyclocross bikes among end-users in the region. In Middle East & Africa, increase in penetration of key players across the region is expected to boost the demand for cyclocross bikes among end-users. In South America, rise in popularity of multi-terrain bike racing and adventure sports is expected to drive the cyclocross bikes market in the region during the forecast period.

Major players operating in the global cyclocross bikes market include Hero Cycles Limited, Giant Manufacturing Co. Ltd., GT Bicycles, The Cannondale Bicycle Corporation, Trek Bicycle Corporation, Ridley Bikes, Santa Cruz Bicycles, Merida Industry Co. Ltd., The Schwinn Bicycle Company, Van Dessel Cycles, Orbea S. Coop., Scott Sports SA, Kona USA, Haro Bicycles, and Avon Cycles Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Cyclocross Bikes Market

Pre Book