The global Bicycle Components Market is experiencing robust growth, driven by increasing consumer interest in cycling for health, leisure, and eco-friendly transportation. Bicycle components, ranging from frames and forks to gears, brakes, wheels, and chains, are essential to the performance and durability of bicycles across various categories, including road, mountain, hybrid, and electric bikes. As …
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Global Bicycle Components Market Forecast to Reach USD 28.3 Billion by 2033, Growing at a 6.9% CAGR | FMI Reports
Bicycle Components Aftermarket The Bicycle Components Aftermarket, valued at USD 14 billion in 2022, is projected to reach USD 14.62 billion in 2023 and is expected to grow at a strong compound annual growth rate (CAGR) of 6.9% from 2023 to 2033. By 2033, the market is anticipated to reach approximately USD 28.3 billion, according …