SagarJoshi (1)

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Presents a Research Report on Indoor Bike Racks
Market
The report on the global Indoor Bike Racks
Market is segmented by Product (Floor Mounted
Indoor Bike Racks, Wall Mounted Bike Racks,
Ceiling Mounted Bike Racks), By Application (Home,
Commercial), and Region. This market research
report provides in-depth information on trends,
dynamics, revenue opportunities, competitive
landscape, and recent developments in the global
indoor bike racks market. The historic years
considered for the study are 2016-2019, the base
year is 2020, the estimated year is 2021, and the
forecast period is 2022-2026.


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Indoor Bike Racks Market Highlights Drivers

• The Indoor Bike Racks Market is expected to grow
  from USD 96.2 million in 2020 to USD 130.5
  million by 2026 at a CAGR of over 5.2 during the
  forecast period.

• Market Dynamics
• Growing concern regarding air pollution and
  global warming is creating a shift towards cycles
  as they dont emit emissions.
• Also, increasing focus on fitness as well as
  saving money on fuel further drives the demand
  for bicycles.
• The use and installation of indoor bike racks
  directly depend on the number of people riding
  bicycles.
• Moreover, bike racks demand and sales depend on
  the sales of bicycles.
• Riding a bicycle and its advantages are gaining
  popularity in social media as well as promotional
  events are highlighting the usage of bicycles,
  further offering lucrative opportunities to the
  market players.

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Market Insight

• Market Insight
• Application Trends
• Based on application, the global indoor bike
  racks have been bifurcated into home and
  commercial.
• The commercial segment witnessed the largest
  market share in 2020 and is projected to grow at
  a healthy CAGR during the review period.
• This is mainly because of companies and
  residential societies have gradually begin to
  install bicycle sharing platforms which spurs the
  demand for bicycles and indoor bike racks.
• Regional Trends
• By region, Europe dominated the indoor bike racks
  market in 2020 with around 40 share and is
  projected to register a substantial CAGR during
  the review period.
• It is followed by North America with around 35
  of the global market share in 2020.
• Increasing global warming awareness to shift to
  non-polluting bicycles as a mode of transport for
  short distances is a key regional driver for the
  bicycles, thus propels the product demand.

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Competitive Insights

• Key Players
• Racor (The U.S),
• Saris (The U.S),
• Park Tool Co. (The U.S),
• Steadyrack (Australia),
• Delta Cycle (The U.S),
• Topeak (The U.S),
• Feedback Sports (The U.S),
• Cycloc (UK),
• Vadolibero s.r.l. (Italy),
• and Hornit (UK).

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Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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About Stratview Research
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