Global Bicycle Brake Components Sales Market Report 2020

Bicycle Brake is intended to provide a decelerating force to retard a bicycle speed and for placing it in rest. In urban and rural areas, bicycles are attaining popularity as an effective means of transportation, where it is often more convenient than other methods. Bicycle brakes are the prominent part of bicycle, these are often made of aluminum for reasons of strength, weight, and corrosion resistance and for low-end bicycles, and many parts are made of steel. Brake pedal, disc brake, rear brake and others are bicycle brake components, intended to stop the motion of bicycle when needed. Bicycle brake components differ with type of bicycle such as disc brake for mountain bikes, and downhill racing bikes. Hayes brakes with advanced technology also committed for high performance with breakthrough design. Urban bikes with sustainable design, lightweight, and manageable brakes also attract the user. Opportunities associated with new technological advancement in bicycles as in e-bikes, standard, mountain terrain bike, kid bicycle segment and racing bikes become a factor to fuel the market growth of bicycle brake components market. In order to enhance the quality of bicycles, manufacturing companies are focusing towards improvement of bicycle brake components by using high quality steel and aluminum parts. Moreover bicycle brake components market undergone significant growth by improvising its brake components designs, techniques.
Bicycles are cost efficient than any other vehicles, and in large population areas, workers use bicycles in order to escape the crowded trains on their daily commute. Such factors drive the market growth in developing countries for bicycle brake component market. Green movement to maintain ecofriendly atmospheres, the need to address health problems, environmental sustainability, and higher gas prices augur well for the future of human-powered transportation.  Increase in the popularity of bicycle racing also drive the growth for bicycle brake components market. The hybrid bicycle segments with disc brakes is estimated to account for significant amount in the bicycle market due to high demand from the users for, commuting, recreational, and trekking purposes. High bicycle market growth boost the demand for light weighted, attractive design brake components.  The repair and maintenance of bicycles is expected to drive the brake components market perennially.

Market Analysis and Insights: Global Bicycle Brake Components Market
The global Bicycle Brake Components market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.

Global Bicycle Brake Components Scope and Market Size
The global Bicycle Brake Components market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bicycle Brake Components market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Bicycle Brake Components market is segmented into
Spoon Brake
Duck Brake
Rim Brake
Disc Brake
Drum Brake
Coaster Brake
Drag Brake
Band Brake

Segment by Application, the Bicycle Brake Components market is segmented into
Road Bikes
Sports Bikes
Hybrid Bikes
Mountain Bikes

The Bicycle Brake Components market is analysed and market size information is provided by regions (countries). Segment by Application, the Bicycle Brake Components market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Bicycle Brake Components Market Share Analysis
Bicycle Brake Components market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Bicycle Brake Components business, the date to enter into the Bicycle Brake Components market, Bicycle Brake Components product introduction, recent developments, etc.

The major vendors covered:
Maxway Cycles
INT'L CORP
Shimano
SRAM Corporation
Magura
Fibrax
Hayes Disc Brake
TRP CYCLING COMPONENTSS
Promax Components
Galfer

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