India Bicycle Accessories Market Size & Outlook, 2023-2030
India bicycle accessories market, 2018-2030 (US$M)
Related Markets
India bicycle accessories market highlights
- The India bicycle accessories market generated a revenue of USD 672.3 million in 2023 and is expected to reach USD 1,165.1 million by 2030.
- The India market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, oem was the largest revenue generating type in 2023.
- Aftermarket is the most lucrative type segment registering the fastest growth during the forecast period.
Bicycle accessories market data book summary
| Market revenue in 2023 | USD 672.3 million |
| Market revenue in 2030 | USD 1,165.1 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Oem |
| Fastest growing segment | Aftermarket |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OEM, Aftermarket |
| Key market players worldwide | Accell, Avon Protection PLC, Garmin Ltd, Giant Manufacturing Co Ltd, Specialized Bicycle Components, Trek Resources Inc, Dynatrace Inc Ordinary Shares, Eastman Chemical Co, MERIDA BIKES, Endura, Campagnolo, Lezyne |
Other key industry trends
- In terms of revenue, India accounted for 5.5% of the global bicycle accessories market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China bicycle accessories market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,165.1 million by 2030.
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Bicycle Accessories Market Scope
Bicycle Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India bicycle accessories market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bicycle accessories market will help companies and investors design strategic landscapes.
Oem was the largest segment with a revenue share of 55.93% in 2023. Horizon Databook has segmented the India bicycle accessories market based on oem, aftermarket covering the revenue growth of each sub-segment from 2018 to 2030.
- India Bicycle Accessories Type Outlook (Revenue, USD Million, 2018-2030)
- OEM
- Aftermarket
- India Bicycle Accessories Product Outlook (Revenue, USD Million, 2018-2030)
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Apparels
- Components
- India Bicycle Accessories Components Outlook (Revenue, USD Million, 2018-2030)
- Saddles
- Pedals
- Lighting System
- Mirrors
- Water Bottle Cages
- Lock
- Bar Ends/Grips
- Kickstands
- Fenders & Mud Flaps
- Air Pumps & Tyre Pressure Gauge
- Others
- India Bicycle Accessories Apparels Outlook (Revenue, USD Million, 2018-2030)
- Cycling Gloves
- Cycling Clothes
- Cycling Shoes
- Protective Gears
- Others
- India Bicycle Accessories Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- India Bicycle Accessories Bicycle Type Outlook (Revenue, USD Million, 2018-2030)
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
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Target buyers of India bicycle accessories market databook
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Our clientele includes a mix of bicycle accessories market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India bicycle accessories market , including forecasts for subscribers. This country databook contains high-level insights into India bicycle accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India bicycle accessories market size, by type, 2018-2030 (US$M)
India Bicycle Accessories Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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