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Associated Press
2 days ago
- Business
- Associated Press
Output to Grow by 9% in Real Terms This Year, Driven by Investment in Transport Infrastructure and Renewable Energy Projects - Forecast to 2029
DUBLIN--(BUSINESS WIRE)--Jul 18, 2025-- The 'Ethiopia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)' report has been added to offering. Construction industry in Ethiopia to expand by 9% in real terms in 2025, driven by investment in transport infrastructure and renewable energy projects. Previously, in August 2024, the government allocated a record ETB1.5 trillion ($11.3 billion) in spending, as part of its fiscal year (FY) 2024-25 (July 8th, 2024-July 7th, 2025) budget; this includes significant funding for capital projects and key sectors such as education, defence, health, agriculture, and energy. However, the industry faces short-term risks from currency depreciation, high inflation, and project delays due to security concerns. One such example is the termination of the Ethiopian state-owned industrial enterprise, Metals and Engineering Corporation's (METEC) ETB235.8 billion ($4 billion) contract for the Nile River dam project in August 2024, due to constant delays; this highlights the broader infrastructure challenges Ethiopia faces, including persistent security issues and systemic inefficiencies. Ethiopia's construction industry is expected to grow at an average annual rate of 7.7% from 2026 to 2029, driven by investments in transport infrastructure, renewable energy, and industrial development projects, alongside the government's ten-year strategic development plan (2020-2030), which aims to expand electricity coverage from 44% in 2019 to 100% by 2030. In February 2025, the Ethiopian government signed a Memorandum of Understanding (MoU) with the African Trade Insurance Agency (ATIDI) to attract foreign investment in renewable energy. The agreement aims to strengthen power purchase agreements and improve Ethiopian Electric Power's creditworthiness by using ATIDI's Regional Liquidity Support Facility. The MoU aims to support Independent Power Producers and Public-Private Partnerships by reducing financial risks. The MoU is part of Ethiopia's strategy to diversify its hydropower-heavy energy mix with wind, solar, and geothermal sources, making the energy sector more resilient and investor-friendly. Scope Reasons to Buy Key Topics Covered: 1 Executive Summary 2 Construction Industry: At-a-Glance 3 Context 3.1 Economic Performance 3.2 Political Environment and Policy 3.3 Demographics 3.4 Risk Profile 4 Construction Outlook 4.1 All Construction 4.2 Commercial Construction 4.3 Industrial Construction 4.4 Infrastructure Construction 4.5 Energy and Utilities Construction 4.6 Institutional Construction 4.7 Residential Construction 5 Key Industry Participants 5.1 Contractors 5.2 Consultants 6 Construction Market Data 7 Appendix For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: AFRICA ETHIOPIA INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 07/18/2025 12:38 PM/DISC: 07/18/2025 12:38 PM
Associated Press
2 days ago
- Business
- Associated Press
Medicaid Enrollment Sees Sharp Decline; HMOs Report $1 Billion Revenue Drop
DUBLIN--(BUSINESS WIRE)--Jul 18, 2025-- The 'Minnesota Health Market Review 2025 (Part 1)' report has been added to offering. HMO profitability plunged in 2024, as HMOs and County-Based Purchasing plans reported lower revenues, higher medical expenses and large losses on operations. The number of enrollees in Medicaid managed care plans dropped by about 207,000 in 2023 and 2024, although it is still higher than before the COVID-19 pandemic. The analyst reports on these and other findings in Part One of Minnesota Health Market Review 2025. This is the 36th edition of the report, which was first published in 1990. The reports in Minnesota and five other states examine key trends and competitive strategies for health plan companies and hospital systems in those markets. Later this year, the Part Two report for Minnesota will present an analysis of the state's hospital systems and how they compete, examining 2024 Medicare cost report data on their financial results and measures of inpatient utilization. The new report finds that: Key Topics Covered: For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: MINNESOTA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: HOSPITALS HEALTH HEALTH INSURANCE SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 07/18/2025 12:41 PM/DISC: 07/18/2025 12:41 PM
Yahoo
2 days ago
- Business
- Yahoo
Photonic Quantum Computing to Reach US$6.8 Billion by 2035 - PsiQuantum Leads as Photonic Quantum Vendors Rise
Explore the burgeoning world of Photonic Quantum Computers: these cost-effective, room-temperature machines promise significant growth, with revenues projected to soar from $1.1 billion in 2030 to $6.8 billion by 2035. Get insights on key players like PsiQuantum and market forecasts, covering vendors and components in a booming industry. Dublin, July 18, 2025 (GLOBE NEWSWIRE) -- The "Market for Photonic Quantum Computers" report has been added to offering. Photonic Quantum Computers are quickly emerging as a viable quantum computing platform driven by the belief that they can (1) compute at room temperatures and (2) can be built at low cost using off-the-shelf optical networking components intended for the telecom industry. The primary goal in this report is to analyze and quantify the commercial potential of quantum computers using photonics for their main fabric and to forecast their sales. The report shows how by 2030, worldwide revenues from photonic quantum computers will have reached US$1.1 billion shipped but this number will grow to more than US$6.8 billion by 2035. On the supply side, new firms will be entering the photonic computer market. On the demand side, the demand for quantum computers as a whole will increase dramatically, and this high growth will impact photonic QCs. There are already around 20 vendors commercializing full stack photonic quantum at the present time, with PsiQuantum having attracted the largest funding to date and Xanadu attracting considerable attention too. This report analyzes the product/market strategies of all the manufacturers of full-stack photonic computers including Beijing Bose Quantum, Technology, Mitre Corporation, NTT, ORCA, Photonic, Quickly Quantum, PsiQuantum, QC82, Quandela, Quanfluence, Quantum Computing, Inc., Quantum Source Labs, QuiXQuantum, Rotonium, Tundra Systems, Turing and Xanadu Quantum Technologies. The report also profiles the relevant component, PIC, and software suppliers to the budding photonic quantum systems sector as well as including ten-year forecasts of photonic computer markets. Three types of machines break out the forecasts: "Utility-Class," "HPC/enterprise" machines and "Other" forecasts are provided in both volume and value terms. The report also includes a Chapter on applications for photonic quantum computers, noting where photonic machines are especially favored. Key Topics Covered: Chapter One: Photonic Quantum Computers: Products and Industry Background Background to Report Advantages of Photonic Quantum Computers Challenges of Photonic Quantum Computers Types of Photonic Quantum Computers Chips and Chipsets for Photonic Quantum Computers Research Institutes and Universities Commercial Suppliers Components and Subsystems Lasers and Light Sources Frequency Combs Photon Detectors Control Chips SDKs Novel Architectures for Photonic QCs CV Architectures T Centre architecture The Value QC Brand Communities: Applicability to Photonic QCs Quandela Cloud Xanadu Photonic Quantum Computer Industry Structure Russia and China The Next Chapter Chapter Two: Photonic Quantum Computers and Related Products Bose Quantum Technology/QBoson (China) Current Products Customer Base and Markets Electronics and Telecommunications Research Institute (ETRI) (Korea) InfamousPlatypus (United States) Customer Base and Competition MITRE Corporation/CVE (United States) Quantum Moonshot Customer Base NTT (Japan) Current Research ORCA Computing (United Kingdom) PT Series Products Use of COTS ORCA Customers: Use with HPC Photonic (Canada) Product and Technology Evolution Customer Base and Competition PsiQuantum (United States) Technical Evolution Customer Base and Competition (Germany) QC82 (United States) Goals of the Company Expected Customer Base Quandela Technology and Manufacturing Quandela Cloud Customer Base and Competition Quanfluence (India) Quantum Computing, Inc. United States) Current Products and Services Customer Base and Competition Quantum Source Labs (Israel) Computer Strategy Customer Base QuiX Quantum (The Netherlands) Current Products Customers Rotonium (Italy) Direction of Research and Product Development Manufacturing Possible Customer Base Spooky Manufacturing (United States) TundraSystems Global LTD (United Kingdom) TuringQ (China) Quantum Computer Offerings and Manufacturing Customer Base Xanadu Quantum Technologies (Canada) Products and Technology Manufacturing Customers and Partners The Rise and Fall of Xanadu Cloud Components ID Quantique (Switzerland) M-Labs (China) Menlo Systems (Germany) Nanofiber Quantum Technologies (Japan) Nexus Photonics (United States) Nicslab (United States) Sparrow Quantum (Denmark) Toptica Photonics (Germany) Toshiba (Japan) Vescent (United States) Services Iceberg Quantum (Australia) Software QC Design (Germany) QMware (Switzerland) Platforms qBraid (United States) Research and Universities Centre for Quantum Computation and Communication Technology (CQC2T) (Australia) Griffith University (Australia) Harvard University ( United States) Institute for Photonic Quantum Systems (PhoQC) (Germany) Israeli Quantum Computing Center (IQCC) (Israel) Nanjing University (China) National Quantum Computing Center (NQCC) (United Kingdom) National Quantum Laboratory (NQL) (Russia) Niels Bohr Institute (NBI) (Denmark) Poznan Supercomputing and Networking Center (PSNC) Queensland University of Technology (QUT) (Australia) RIKEN (Japan) Russian Quantum Center (Russia) Sandia National Laboratory (United States) Simon Fraser University (Canada) University of Arizona (United States) University of Bristol (United Kingdom) University of New Mexico (United States) University of Queensland (Australia) University of Science & Technology of China (USTC) University of Southern Queensland (UniSQ) (Australia) University of the Sunshine Coast (Australia) University of Virginia (UVA) (United States) University of Washington (UW) (United States) University of Waterloo (Canada) Chapter Three: Target Applications for Photonic Quantum Computers Research Machines and Laboratories Quantum Chemistry and Materials Science Finance and Banking Military, Intelligence, and Aerospace Automotive and Transportation The Energy Industry Photonic Computers: Design for Specific Locations Photonic Computers and HPC: The Quantum Supercomputer Data Center Scale Photonic Quantum Computers Rack-Mounted Photonic Computers Photonic Quantum Edge Computing Quantum + AI Chapter Four: Ten-Year Forecasts of Photonic Quantum Computers Methodology Shipment Forecast Initial Shipments Growth Over the Next Five Years Shipments by Product Type Alternative Scenarios For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Key Market Players Paving the Way for Advancements in Exosome-Based Diagnostics and Therapeutics
The global exosome research market is anticipated to expand from USD 214.4 million in 2025 to USD 480.6 million by 2030, at a CAGR of 17.5%. This growth is driven by the rising need for advanced diagnostics due to the prevalence of chronic diseases like cancer and neurodegenerative disorders. Exosomes, serving as biomarkers and therapeutic delivery agents, fulfill this demand. The kits & reagents segment is expected to lead growth, aligning with the increased demand for efficient exosome research tools. North America is projected to experience the highest growth, thanks to significant government investments supporting research initiatives. Key players such as Thermo Fisher Scientific and Bio-Techne are profiled. Exosome Research Market Dublin, July 18, 2025 (GLOBE NEWSWIRE) -- The "Exosome Research Market by Offering (Kits, Reagents (Antibodies, Isolation, Purification), Instruments, Services), Indication (Cancer, Infectious Diseases), Application (Biomarkers, Vaccines), Manufacturing Services (Stem Cell) - Global Forecast to 2030" report has been added to global exosome research market is projected to reach USD 480.6 million by 2030 from USD 214.4 million in 2025, at a CAGR of 17.5% during the forecast period. The report will help market leaders and new entrants by providing them with the closest approximations of the revenue numbers for the overall exosome research market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges. The expansion of the exosome research market is primarily fueled by the escalating incidence of chronic diseases, including cancer, neurodegenerative disorders, and CVDs; this trend underscores the urgent need for novel diagnostic and therapeutic strategies. Exosomes, due to their properties as potential biomarkers and their capacity to facilitate targeted therapeutic delivery, are uniquely positioned to address the increasing demand for advanced disease diagnostics and treatment modalities. The kits & reagents segment is expected to grow at the highest CAGR during the study academic institutions, biotechnology companies, and diagnostic developers delve deeper into the multifaceted roles of exosomes in disease diagnostics and therapeutic interventions, there has been a notable increase in the demand for standardized, user-friendly kits & reagents. These specialized tools play a crucial role in simplifying and expediting the workflows associated with exosome isolation, purification, labeling, and downstream analysis. Exosomes, nano-sized vesicles secreted by cells, have emerged as significant biomarkers in various diseases, necessitating precise handling and standardization offered by commercially available kits helps ensure that researchers can perform these tasks with consistency and reliability, which is vital in both translational research and preclinical development. In particular, reproducibility is critical in scientific research; utilizing validated kits ensures consistent protocols that minimize variability and enhance overall research outcomes. This reliability is particularly pertinent in biomarker discovery and liquid biopsy research, where the identification of accurate biomarkers is paramount for early disease detection and the growing interest in exosome-based diagnostics - especially within oncology for cancer detection and neurodegenerative diseases like Alzheimer's and Parkinson's - laboratories are increasingly opting for ready-to-use reagent systems. These systems facilitate sample preparation, RNA and DNA extraction, and comprehensive cargo profiling, thereby supporting a range of downstream molecular applications. The integration of such standardized tools not only streamlines the research process but also enhances the quality of data generated, ultimately contributing to the advancement of exosome research in clinical settings. As the landscape of diagnostics continues to evolve, the role of such reliable and efficient kits will become even more pronounced, paving the way for breakthroughs in personalized medicine and targeted America is expected to grow at the highest CAGR in the global exosome research market from 2025 to America maintains its leading position in the global exosome research market, primarily due to substantial government investment and support mechanisms. Key organizations such as the National Institutes of Health (NIH) in the United States are pivotal, channeling significant funding into biomedical research, specifically targeting projects centered on exosomes. This financial endorsement empowers researchers to explore novel applications of exosomes in both diagnostics and therapeutics. For example, in June 2024, the National Heart, Lung, and Blood Institute (NHLBI) renewed a USD 12 million Program Project Grant (PPG) to support researchers at the Lewis Katz School of Medicine at Temple investigation focuses on heart cell-derived exosomes and their involvement in cardiac injury and repair processes. This funding facilitates a deeper understanding of the mechanisms by which exosomes contribute to myocardial tissue regeneration, potentially leading to groundbreaking therapeutic strategies. Likewise, in August 2023, the National Cancer Institute (NCI) allocated USD 2.5 million to the Sylvester Comprehensive Cancer Center to advance research on exosome-based biomarkers for prostate cancer detection through urine and blood assays. Such robust government backing not only propels scientific exploration but also fosters collaboration between academic institutions and industry, thereby cultivating a dynamic research ecosystem. This well-capitalized environment accelerates innovation and reinforces North America's status as a frontrunner in exosome research. As a result, the region continues to draw in investments and talent, driving ongoing growth within the exosome research report provides insights on the following pointers: Analysis of key drivers (increasing investment in pharmaceutical & life sciences research, rising cancer prevalence, and increasing interest in exosome-based procedures), restraints (technical complexity of exosome isolation, and regulatory uncertainty in exosome research), opportunities (rising investments in emerging countries for exosome research, growing interest in exosome-based therapeutics, and increasing demand for personalized medicines), and Challenges (lack of gold standard protocols for exosome development and production and limited understanding of cargo loading). Product Development/Innovation: Detailed insights on upcoming products, research and development activities, and new product approvals/launches in the exosome research market. Market Development: Comprehensive information about lucrative markets; the report analyses the market across varied regions. Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the exosome research market. Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players. A detailed analysis of the key industry players has been done to provide insights into their key strategies, product launches/ approvals, acquisitions, partnerships, agreements, collaborations, other recent developments, investment and funding activities, brand/product comparative analysis, and vendor valuation and financial metrics of the exosome research market. Key Attributes: Report Attribute Details No. of Pages 325 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $214.4 Million Forecasted Market Value (USD) by 2030 $480.6 Million Compound Annual Growth Rate 17.5% Regions Covered Global Companies Featured Thermo Fisher Scientific Inc. Qiagen Lonza Danaher Bio-Techne System Biosciences, LLC Amsbio Roosterbio, Inc. Miltenyi Biotec Norgen Biotek Corp. Aethlon Medical, Inc. Creative Medical Technologies Holdings, Inc. Spectris Nanofcm, Inc. Izon Science Limited Capricor Therapeutics, Inc. Anjarium Biosciences AG Ciloa Innovaprep Ilias Biologics Inc. Unchained Labs Rion Inc. Cell Guidance System LLC Inoviq Nx Pharmagen Exopharm Everzom Nanosomix Creative Biolabs For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Exosome Research Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
2 days ago
- Automotive
- Yahoo
Bicycle Market Forecast and Company Analysis Report 2025-2033 Featuring Accell, Trek, Pon, Giant, Bulls Bikes, Pedego, Benno Bikes, Hero Cycle, Ribble Cycles, and Riese
The global bicycle market is projected to grow from $52.63 billion in 2024 to $74.59 billion by 2033, with a CAGR of 3.95%. Factors driving this growth include government regulations aimed at reducing carbon emissions and advancements in electric bicycle technology. Increasing urbanization, environmental awareness, and demand for sustainable mobility are propelling the industry forward. Key markets include Asia-Pacific, Europe, and North America, with rising investments in cycling infrastructure aiding growth. E-bikes are particularly noteworthy due to innovations in battery technology, enhancing their appeal for both commuting and leisure. Challenges include the high cost of e-bikes and competition from alternatives like e-scooters. Bicycle Market Dublin, July 18, 2025 (GLOBE NEWSWIRE) -- The "Bicycle Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to Bicycle Market is expected to reach US$ 74.59 billion by 2033 from US$ 52.63 billion in 2024, with a CAGR of 3.95% from 2025 to 2033 The main factors supporting the market share are the introduction of advantageous regulations by governmental organizations to reduce the amount of carbon emissions emitted by automobiles and the advancement of electric bicycles. Urbanization, growing environmental consciousness, and a growing desire for sustainable mobility have all contributed to the continuous rise of the bicycle business worldwide. Bicycles are seen to be a more environmentally friendly option than vehicles since they lower carbon emissions and encourage healthy living. Traditional motorcycles, electric bikes (e-bikes), and accessories are only a few of the several segments that make up the business. Thanks to developments in battery technology, e-bikes in particular have grown significantly and are now a cost-effective choice for both leisure and commuting users. As more individuals choose outside activities and personal transportation in reaction to the COVID-19 epidemic, cycling has also become increasingly China and India producing and using a big number of bicycles, Asia-Pacific continues to be the largest bicycle market. On the other hand, due to established cycling cultures and rising interest in sustainability and health, North America and Europe place a greater emphasis on high-end bikes and e-bikes. From producers to retailers, a variety of parties are involved in the bicycle industry's supply chain, and the market has changed as a result of the growth of direct-to-consumer business models via internet platforms. The sector is well-positioned for future growth in both established and emerging nations thanks to rising investments in infrastructure, such as bike lanes and cities that are governments all over the world investing heavily in cycling facilities, infrastructure development has emerged as a key factor in the growth of the bicycle market. The Netherlands showed their commitment in November 2022 by committing over USD 1.2 billion to the construction of bike infrastructure. In a similar vein, the French government announced in May 2023 a comprehensive investment plan of EUR 2 billion through 2027 to improve cycling infrastructure and encourage the use of bicycles. The goals of these initiatives are to build linked bicycle networks in cities, enhance bike parking facilities, and extend designated bike in the bicycle business are still being driven by product innovation, with manufacturers concentrating on creating customized bikes for various consumer groups. To improve the riding experience, the industry has seen a boom in the creation of ergonomic features, lightweight materials, and aerodynamic designs. For example, the Giant Group introduced its Momentum brand of e-bikes in Germany in 2023. The PakYak E+ was designed for adventurous light load hauling, while the Voya E+ was designed for urban commuting. The industry's reaction to the various demands and preferences of its clientele is reflected in these Drivers for the Bicycle Market Increasing Attention to Wellness and HealthCycling helps increase muscle strength, burn calories, and improve fitness levels. People are using sports like cycling to be active and maintain their fitness as they grow more health conscious. For example, Samagra Shiksha in Delhi has started a wellness club to teach students in grades 9 through 12 in government-run schools how to live healthy lifestyles. In addition, more individuals are using cycling to lower their risk and enhance their health as cardiovascular illnesses become more common. For example, recent research from the World Health Federation states that 20.5 million fatalities in 2021 were caused by cardiovascular diseases, which still affect over half a billion people globally. Bicycles are therefore widely used for fitness purposes all around the Cycle EventsBicycles are becoming more and more popular in trekking and leisure activities due to people's growing desire for adventurous pursuits, which is fueling the market's expansion. The demand for bicycles is also rising as a result of the participation and promotion of cycling by several public figures and celebrities. Additionally, by motivating individuals to establish objectives and prepare for a particular event, these activities advance fitness and health. After finishing the race, participants frequently report feeling more fit and according to the Irish Sports Council, Sport Ireland gave Cycling Ireland about €520,000 in 2022 with the goal of encouraging patrons to participate in a variety of cycling-related events throughout the nation. The event's ultimate goal was to increase awareness of and acceptance of bicycles throughout the city. The market share of bicycles is supported by such awareness-raising Use of E-BikesElectric bicycles, or e-bikes, are becoming a more popular mode of transportation among customers due to rising gasoline prices and growing traffic in cities. It is anticipated that traffic density would increase as more people relocate to cities, making transportation even more difficult. According to UN estimates, 68% of people on Earth will reside in cities by 2050, which will worsen traffic. With the help of e-bikes, a wider spectrum of people - including those with physical restrictions or lower fitness levels - can now ride bikes. Riders can go farther and climb hills more easily with electric help. With programs like World Bicycle Day (June 3rd), which is supported by the UN and WHO, governments are encouraging this change and helping the e-bike sector in the Bicycle Market High Cost of E-bikesOne major obstacle to the widespread adoption of electric bicycles, or 'e-bikes,' is their expensive cost, especially in poor nations. Due to its sophisticated technology, which includes electric motors, batteries, and controls, e-bikes are typically more costly than conventional bicycles. Increased production expenses as a result of these extra features are frequently passed on to customers. Even while e-bikes have advantages including longer travel times and simpler hill climbing, many prospective purchasers find their high cost prohibitive, particularly in areas with lower average earnings. Because of this, e-bikes are frequently viewed as a luxury good rather than a practical daily mode of transportation. Manufacturers may need to look for ways to lower production costs and provide more reasonably priced versions in order to boost from AlternativesBicycles face fierce competition from electric scooters and ride-sharing services, especially when it comes to short-distance transport. For short, city trips, electric scooters are sometimes seen to be more practical since they provide effortless movement without the physical strain of riding. Furthermore, ride-sharing services - like renting an electric bike or scooter - offer a convenient, on-demand mode of transportation that does not need ownership or upkeep. In crowded places where parking availability and traffic congestion are major issues, these options are especially alluring. Although bicycles, particularly e-bikes, are environmentally friendly and have health advantages, the conventional bicycle industry is facing competition from electric scooters and ride-sharing services due to their popularity, ease of use, flexibility, and rapid availability. Key Players Analyzed: Overview, Key Persons, Product Portfolio, Recent Development & Strategies, Revenue Analysis Accell Group NV Trek Bicycle Corporation Pon Holdings BV Giant Manufacturing Co. Ltd Bulls Bikes Pedego Inc. Benno Bikes LLC Hero Cycles Limited Ribble Cycles Riese Und Muller Gmbh Key Attributes: Report Attribute Details No. of Pages 200 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $52.63 Billion Forecasted Market Value (USD) by 2033 $74.59 Billion Compound Annual Growth Rate 3.9% Regions Covered Global Key Topics Covered: 1. Introduction2. Research & Methodology2.1 Data Source2.1.1 Primary Source2.1.2 Secondary Source2.2 Research Approach2.3 Forecast Projection Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Global Bicycle Market5.1 Historical Market Trend5.2 Market Forecast6. Market Share Analysis6.1 By Types6.2 By Distribution Channels6.3 By Countries7. Type7.1 Road Bicycle7.2 Hybrid Bicycle7.3 All Terrain Bicycle7.4 E-Bicycle7.5 Other Types8. Distribution Channel8.1 Online Stores8.2 Offline Stores9. Countries9.1 North America9.1.1 United States9.1.2 Canada9.2 Europe9.2.1 France9.2.2 Germany9.2.3 Italy9.2.4 Spain9.2.5 United Kingdom9.2.6 Belgium9.2.7 Netherland9.2.8 Turkey9.3 Asia-Pacific9.3.1 China9.3.2 Japan9.3.3 India9.3.4 Australia9.3.5 South Korea9.3.6 Thailand9.3.7 Malaysia9.3.8 Indonesia9.3.9 New Zealand9.4 Latin America9.4.1 Brazil9.4.2 Mexico9.4.3 Argentina9.5 Middle East & Africa9.5.1 South Africa9.5.2 Saudi Arabia9.5.3 UAE10. Porter's Five Forces Analysis10.1 Bargaining Power of Buyers10.2 Bargaining Power of Suppliers10.3 Degree of Rivalry10.4 Threat of New Entrants10.5 Threat of Substitutes11. SWOT Analysis11.1 Strength11.2 Weakness11.3 Opportunity11.4 Threat12. Key Players Analysis For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Bicycle Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
