Bicycle Parking Racks Market 2021 Industry Size, Share, Growth and Top Companies Analysis

The context for bike parking requires proper infrastructure and equipment (bike racks, bicycle locks etc.) for secure and convenient storage. Bicycle parking typically requires a degree of security to prevent theft. Global bicycle parking racks market is expected to grow in the coming years, in 2017 market size of the bicycle parking racks was USD XX million and is expected to reach at USD XX million by 2025 with growing CAGR of XX%.

Factor such as rapidly increasing population, rising demand from consumers for taking up bicycle as an activity, government initiatives, growing number of schools & colleges in the Asia-Pacific region and to create a better awareness are the reason for the rapid growth of bicycle parking racks market.. Furthermore, adoption of technologically-advanced, value-for-money bike parking racks and growing demand for bike racks for corporate branding is expected to boost the growth of the overall market over the forecast period. However, the pricing pressure created by the market players is expected to hinder the growth of the bicycle parking racks market over the forecast period.

Europe accounted for the largest market share in 2017 majorly due to government initiatives and to establish a green ecosystem by making cycling comfortable and safe. Countries such as Denmark, Germany and Netherlands accounted for the largest market share in the European region majorly due to the presence of large number of key players

Furthermore, In the forecast period Asia pacific region is expected to grow with a fastest CAGR..The reasons attributed to the growth of the market are growing population, increasing demand for cycling from the young population, technological advancements and increasing demand for well-organized, convenient and safe public bicycle parking facilities.

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Bikeep Inc., Forms and Surfaces Inc., Cycle-Works Ltd., Falco BV Ltd., Ground Control Systems, Leda Security Products Pty Ltd., Dero Bike Racks Inc., Reliance Foundry Co. Ltd., Graber Manufacturing Inc., Saris Cycling Group Inc., and Urban Bicycle Parking Systems Inc are some of the prominent players in the bicycle parking racks market.

Bicycle Parking Racks Market Key Segmentation:

On the Basis of Product Type:

  • Traditional
  • Racks
  • Clamps
  • Bollards
  • Digital
  • Other

On the Basis of Mount Type:

  • In-Ground Mount
  • Surface Mount
  • Wall Mount
  • Rail Mount

On the Basis of Sales Channel:

  • Reseller
  • Modern Trade Channel
  • Third Party Online
  • Direct-to-Customer

On the Basis of Parking Rack:

  • 1-Tier
  • 2-Tier
  • 3-Tier

On the Basis of Application:

  • Public
  • Private
  • Commercial

On the Basis of Region:

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA

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