The global Bike Lock market size was valued at USD XX million in 2020 and is predicted to register a CAGR of 6.6% from 2021 to 2027.
Along with these leading players, there are number of other small and mid-sized players who are coming with huge investment and innovative product launch in the bike lock industry.
Bike Lock Market 2021-2027
The forecast period 2021-2027 is expected to show significant growth in global bike lock market. There will be a significant sales and utilisation of Bike Lock product. Are you ready to cope up with growing market? No, then have a look at our report overview and send your query to us.
Biking has undergone a renaissance over the past five years. Facts show that number of bike users has increased and the number is expected to grow in future. This augmented growth is resulting into increasing demand for bike lock around the world. The bike lock market is expected to grow in future owing to rising safety concerns of riders. U-locks and cable locks currently make up the majority of the market. The lightweight and specialty designs of bike lock introduced to the market present lucrative opportunities in future.
The current market for student bike riders is dominated mainly by four categories including u-locks, cable locks, chain locks and specialty locks. Since the specialty locks rarely target college riders, the majority of students use either u-locks for maximum security or cable locks for slightly more convenience at the cost of security. There is no option that satisfies both desires for bike security.
Our report studies global Bike Lock market and covers historical and forecast data for construction, material, cable thickness, end user, regional and country level.
|Historical data||2015 - 2020|
|Forecast Period||2021 - 2027|
|Market Size in 2020:||USD XX Million|
|Base year considered||2020|
|Forecast Period CAGR %:||6.60 %|
|Market Size Expected in 2027:||USD XX Million|
|Tables, Charts & Figures:||175|
Kryptonite, ABUS, OnGuard, Blackburn, Master Lock, TiGr, Pitlock, Spybike, Hiplok, LATTIS, Raleigh, Oxford HD, American Lock, JINDIAN, TONYON, TOPDOG, GIANT, ROCKBROS, INBIKE, MIWA, Goal, NHN, Nitto, PLUS
|Segments Covered||By Construction, By Material, By Cable Thickness|
North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
Based upon construction segment, U-locks and cable locks currently make up the majority of the market. in the 2016. The chain segment is likely to register a CAGR of around 6.6% during the forecast period.
Based upon material segment, stainless steel segment has registered maximum to CAGR during the period
By Cable Thickness,
Based upon cable thickness segment, 10 to 11.9 mm segment is has registered maximum to CAGR of around during the period
Our new report discusses issues and events affecting the Bike Lock market.
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