Bicycle Market To Reflect Tremendous Growth Potential With A CAGR Of 6.1% By 2025: Grand View Research Inc.
According to a report, ' Bicycle Market Size, Share & Trends Analysis Report By Product (Mountain, Hybrid, Road), By Technology (Electric, Conventional), By End User (Men, Women, Kids), By Region, And Segment Forecasts, 2018 2025, published by Grand View Research, Inc. The global bicycle market size is expected to reach USD 75.47 billion by 2025, registering a CAGR of 6.1%, as per a new report by Grand View Research Inc. Bicycles are preferred for short distance commutes and can save fuel costs unlike vehicles. Moreover, growing traffic congestions and limited parking spaces are promp...