With people turning out to be more fitness conscious, the bicycle bearings market is bound to grow on an unabated note shortly. Research states that cycling does burn 400 – 1000 calories/hour, based on the bicycle rider’s weight of course!
The WHO states that more than 50% of the global population could be categorized as “obese”. As such, several countries in North America and Europe have resorted to bicycle riding as one of the most effective ways to burn fat and maintain the usual body mass, thereby driving the demand for bicycle bearings.
Medical practitioners are advising the general public to make use of bicycles for leading a healthy life, too, irrespective of the tag of “obesity”. Persistence Market Research has walked through these facts with subsequent steps to be taken in its latest market study entitled “Bicycle Bearings Market”.
Bicycle Bearings Market Dynamics
The global bicycle bearings market, by bearing, spans plain bearing, ball bearing, and rinoller bearing. By bicycle, it’s a mountain bike, hybrid/cross, road, comfort, cruiser, youth, and electric. By application, it’s wheel hubs frame pivot, pedals, steering columns, bottom bracket, gear shifters, chain pocket, and suspension. By sales channel, it’s aftermarket and OEM. Persistence Market Research has entailed these facts with probable calls to action in its latest market study entitled “Bicycle Bearings Market”.
North America and Europe are walking along the matured lines in the bicycle bearings market. However, the Asia-Pacific is expected to grow at the fastest pace in the same bicycle bearings market. This could be attributed to countries like South Korea, Australia, India, China, and Japan, who contribute voraciously towards growth. Persistence Market Research has, with the help of its team of analysts and consultants, tabled these facts with insights in its latest market study entitled “Bicycle Bearings Market”.
Persistence Market Research has profiled the key participants in the bicycle bearings market as Schaeffler Technologies AG & Co. KG, Boca Bearing Inc., Endura Bearings, Jiangsu Wanda Special Bearing Co., Ltd., SKF AB, National Engineering Industries Ltd., SMB Bearing, Fuda Bearing Corporation Co., Ltd., Kogel Bearing, Yuyao Bote Bearing Co., Ltd., and NSK Company. These players are in various modes of expansion to keep themselves afloat. They include mergers, acquisitions, joint ventures, partnerships, and new product launches.
The Way Ahead
The global bicycle bearings market is slated to grow on an impertinent note in the next 10 years – Persistence Market Research
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