PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT • 2.1 Preface • 2.2 Preface • 2.3 Currency conversion rates for US$ PART 03: MARKET LANDSCAPE PART 04: MARKET SIZING • Market ecosystem • Market characteristics • Market segmentation analysis PART 05: MARKET SIZING • Market definition • Market sizing 2018 • Market size and forecast 2018-2023 PART 06: FIVE FORCES ANALYSIS • Bargaining power of buyers • Bargaining power of suppliers • Threat of new entrants • Threat of substitutes • Threat of rivalry • Market condition PART 07: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL • Market segmentation by distribution channel • Comparison by distribution channel • Specialty stores - Market size and forecast 2018-2023 • Sporting goods retailers - Market size and forecast 2018-2023 • Online sales - Market size and forecast 2018-2023 • Others - Market size and forecast 2018-2023 • Market opportunity by distribution channel PART 08: CUSTOMER LANDSCAPE PART 09: GEOGRAPHIC LANDSCAPE • Geographic segmentation • Geographic comparison • APAC - Market size and forecast 2018-2023 • Europe - Market size and forecast 2018-2023 • North America - Market size and forecast 2018-2023 • South America - Market size and forecast 2018-2023 • MEA - Market size and forecast 2018-2023 • Key leading countries • Market opportunity PART 10: DRIVERS AND CHALLENGES • Market drivers • Market challenges PART 11: MARKET TRENDS • Rising prominence of online sales • Growing popularity of eco-friendly bikes • Increased investments in cycling events as a promotional strategy PART 12: VENDOR LANDSCAPE • Overview • Landscape disruption • Competitive scenario PART 13: VENDOR ANALYSIS • Vendors covered • Vendor classification • Market positioning of vendors • Accell Group • Dorel Industries Inc. • Giant Manufacturing Co. Ltd. • Insera Sena • MERIDA BIKES PART 14: APPENDIX • Research methodology • List of abbreviations Exhibit 01: Global bicycle market Exhibit 02: Segments of global bicycle market Exhibit 03: Market characteristics Exhibit 04: Market segments Exhibit 05: Market definition - Inclusions and exclusions checklist Exhibit 06: Market size 2018 Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions) Exhibit 08: Global market: Year-over-year growth 2019-2023 (%) Exhibit 09: Five forces analysis 2018 Exhibit 10: Five forces analysis 2023 Exhibit 11: Bargaining power of buyers Exhibit 12: Bargaining power of suppliers Exhibit 13: Threat of new entrants Exhibit 14: Threat of substitutes Exhibit 15: Threat of rivalry Exhibit 16: Market condition - Five forces 2018 Exhibit 17: Distribution channel - Market share 2018-2023 (%) Exhibit 18: Comparison by distribution channel Exhibit 19: Specialty stores - Market size and forecast 2018-2023 ($ millions) Exhibit 20: Specialty stores - Year-over-year growth 2019-2023 (%) Exhibit 21: Sporting goods retailers - Market size and forecast 2018-2023 ($ millions) Exhibit 22: Sporting goods retailers - Year-over-year growth 2019-2023 (%) Exhibit 23: Online sales - Market size and forecast 2018-2023 ($ millions) Exhibit 24: Online sales - Year-over-year growth 2019-2023 (%) Exhibit 25: Others - Market size and forecast 2018-2023 ($ millions) Exhibit 26: Others - Year-over-year growth 2019-2023 (%) Exhibit 27: Market opportunity by distribution channel Exhibit 28: Customer landscape Exhibit 29: Market share by geography 2018-2023 (%) Exhibit 30: Geographic comparison Exhibit 31: APAC - Market size and forecast 2018-2023 ($ millions) Exhibit 32: APAC - Year-over-year growth 2019-2023 (%) Exhibit 33: Europe - Market size and forecast 2018-2023 ($ millions) Exhibit 34: Europe - Year-over-year growth 2019-2023 (%) Exhibit 35: North America - Market size and forecast 2018-2023 ($ millions) Exhibit 36: North America - Year-over-year growth 2019-2023 (%) Exhibit 37: South America - Market size and forecast 2018-2023 ($ millions) Exhibit 38: South America - Year-over-year growth 2019-2023 (%) Exhibit 39: MEA - Market size and forecast 2018-2023 ($ millions) Exhibit 40: MEA - Year-over-year growth 2019-2023 (%) Exhibit 41: Key leading countries Exhibit 42: Market opportunity Exhibit 43: Impact of drivers and challenges Exhibit 44: Vendor landscape Exhibit 45: Landscape disruption Exhibit 46: Vendors covered Exhibit 47: Vendor classification Exhibit 48: Market positioning of vendors Exhibit 49: Accell Group - Vendor overview Exhibit 50: Accell Group - Business segments Exhibit 51: Accell Group - Organizational developments Exhibit 52: Accell Group - Geographic focus Exhibit 53: Accell Group - Segment focus Exhibit 54: Accell Group - Key offerings Exhibit 55: Dorel Industries Inc. - Vendor overview Exhibit 56: Dorel Industries Inc. - Business segments Exhibit 57: Dorel Industries Inc. - Organizational developments Exhibit 58: Dorel Industries Inc. - Geographic focus Exhibit 59: Dorel Industries Inc. - Segment focus Exhibit 60: Dorel Industries Inc. - Key offerings Exhibit 61: Giant Manufacturing Co. Ltd. - Vendor overview Exhibit 62: Giant Manufacturing Co. Ltd. - Product segments Exhibit 63: Giant Manufacturing Co. Ltd. - Organizational developments Exhibit 64: Giant Manufacturing Co. Ltd. - Key offerings Exhibit 65: Insera Sena - Vendor overview Exhibit 66: Insera Sena - Product segments Exhibit 67: Insera Sena - Key offerings Exhibit 68: MERIDA BIKES - Vendor overview Exhibit 69: MERIDA BIKES - Product segments Exhibit 70: MERIDA BIKES - Organizational developments Exhibit 71: MERIDA BIKES - Key offerings Exhibit 72: Validation techniques employed for market sizing

Accell Group Dorel Industries Inc. Giant Manufacturing Co. Ltd. Insera Sena MERIDA BIKES