New York, Sept. 01, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Two-Rider Bicycle Market By Propulsion, By Application, By Distribution Channel, By Region, Competion, Opportunity and Forecast, 2017 -2027 – https://www.reportlinker.com/p06317500/?utm_source=GNW
The global two-passenger bicycle market is expected to grow at an impressive rate during the forecast period 2023-2027. The surge in demand for cycling for recreational, leisure and physical activities and the emergence of two-passenger bicycle services are factors that are driving the demand in the global two-seat bicycle market.
Bicycles are preferred as a convenient form of exercise to maintain a healthy life free from obesity and other diseases. 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-passenger bicycle market is segmented into propulsion, application, distribution channel, regional distribution, and competitive landscape. On the basis of 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.
The major market players operating in the global two-passenger bicycle market are Cycling Sports Group, Inc., Co-Motion Cycles., da Vinci Tandem, Kinethic Bikes, Privacyverklaring Accell Nederland BV (KOGA), Santana Cycles, Hase Spezialräder ( Hase Bikes), Cannondale Bicycle Corporation, Ritchey International SAGL, Seven Cycles, Inc.
Years considered for this report:
Historical years: 2017-2020
Base year: 2021
Estimated year: 2022
Forecast period: 2023-2027
Goal of the study:
• To analyze the historical growth in market size of the global Two-Passenger 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.
• Classify and forecast the global Two-Passenger Bicycle Market based on propulsion, application, distribution channel, region, and company.
• To identify the dominant region or segment in the global dual bicycle market.
• Identify drivers and challenges of the global two-up bicycle market.
• Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the global dual bicycle market.
• 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.
The analyst conducted extensive primary and secondary research for this study. Initially, the analyst procured a list of manufacturers across the country.
Subsequently, the analyst conducted primary research surveys with the identified companies. During the interviews, the respondents were also asked about their competitors.
Using this technique, the analyst could include manufacturers that could not be identified due to secondary research limitations. The analyst looked at the manufacturers, distribution channels and presence of all major players across the country.
The analyst calculated the market size of the Global Two-Up Bicycle Market using a top-down approach, in which data from various end-user segments was recorded and forecasted for the coming years. The analyst obtained these values from industry experts and company representatives and validated them externally by analyzing historical data for these products and applications to derive an appropriate overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key target audience:
• Market research and consulting firms
• Government bodies such as regulators and policy makers
• Organizations, forums and alliances
The study is helpful in providing answers to several critical questions which are important for industry stakeholders such as product manufacturers, suppliers & partners, end users etc. besides enabling them to develop investment strategies and capitalize on market opportunities.
In this report, the global two-up bicycle market has been segmented into the following categories, in addition to industry trends which have also been detailed below:
• Bicycle market for two people, by propulsion:
• Two-Passenger Bicycle Market, By Application:
• Two-passenger bicycle market, by distribution channel:
• Two-person bicycle market, by region:
o North America
o Europe & CIS
o South America
o Middle East and Africa
United Arab Emirates
Company Profiles: In-depth analysis of the major companies present in the global Dual Bicycles market.
With the market data provided, we offer customizations based on a company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of other market players (up to five).
Read the full report: https://www.reportlinker.com/p06317500/?utm_source=GNW
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