Analysis, competition, opportunities and forecasts 2017-2021 and 2022-2027

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Dublin, Oct. 18, 2022 (GLOBE NEWSWIRE) — The “Global Rear-Drive Two-Seat Bicycle Market, By Application, By Distribution Channel, By Region, Competition, Opportunity, and Forecast, 2017 – 2027” report has been added to from ResearchAndMarkets.com offer.

The global two-up bicycle market is expected to grow at an impressive rate during the forecast period 2023-2027

Rising demand for cycling for recreational, leisure and physical activities and emergence of two-passenger bicycle services are the major factors driving the demand in the global two-passenger bicycle market. Bicycles are preferred as a convenient form of exercise to maintain a healthy life free from obesity and other diseases.

The demand for efficient ways to rent or hail bikes and the advancement in technology will both contribute to the growth of the global two-up bicycle industry over the next five years. Market players’ high-end investments in research and development activities and market players’ shift to other bicycle selling platforms are expected to influence the market demand.

Dockless bike-sharing programs have recently become increasingly popular. Users can use technology to find nearby bikes and unlock them electronically. Dockless bike-sharing schemes, which were first introduced in Europe, are hugely popular with young people looking for exciting ways to exercise, especially in Asian countries like India and China.

The global two-seat bicycle market is segmented into propulsion, application, distribution channel, regional distribution, and competitive landscape. Based on propulsion, the market differentiates between conventional and electric. The conventional segment dominates the market and is expected to maintain its dominance over the next five years.

The low repair and maintenance costs of conventional bicycles are driving the segment’s demand over electric-powered bicycles. Moreover, while the bicycle was a convenient mode of transportation, cycling has established itself as a leading sport and leisure activity, especially among women, in recent decades.

Goal of the study:

  • To analyze the historical growth in market size of the global two-up bicycle market from 2017 to 2021.

  • Estimate and forecast the global Two-Seat Bicycle market size from 2022-2027 and the growth rate till 2027.

  • To classify and forecast the global Two-Seat Bicycle Market based on propulsion, application, distribution channel, region, and company.

  • To identify the region or segment dominating in the global Dual Bicycles market.

  • To identify drivers and challenges in the global Two-Seat Bicycle Market.

  • To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global dual bicycle market.

  • To identify and analyze the profiles of key players operating in the global Two Seater Bicycle Market.

  • To identify the key sustainable strategies adopted by market players in the global Two-Seat Bicycle Market.

Competitive landscape

Company Profiles: In-depth analysis of the major companies present in the global Dual Bicycles market.

  • Cycling Sports Group, Inc.

  • Co-movement cycles.

  • by Vinci Tandem

  • Kinetic Bikes

  • Privacy statement Accell Nederland BV (KOGA)

  • Santana Cycles

  • Hase Specialrader (Hase Bikes)

  • Cannondale Bicycle Company

  • Ritchey International SAGL

  • Seven Cycles, Inc.

Report Scope:

Years considered for this report:

Two-passenger bicycle market, by rear-wheel drive:

Two-Seat Bicycle Market, By Application:

  • Mountaineering

  • recreational

  • Transportation

Two-up bicycle market, by distribution channel:

Two-Passenger Bicycle Market, By Region:

  • North America

  • United States

  • Mexico

  • Canada

  • Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Malaysia

  • Thailand

  • Indonesia

  • Europe & CIS

  • France

  • Germany

  • UK

  • Italy

  • Spain

  • Belgium

  • Russia

  • South America

  • Brazil

  • Argentina

  • Colombia

  • Middle East and Africa

  • South Africa

  • Saudi Arabia

  • United Arab Emirates

  • Egypt

For more information on this report, visit https://www.researchandmarkets.com/r/y0ux8v

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Earnest L. Veasey