Bicycle Component Market is forecast to reach $9.4 billion by 2025, growing at a CAGR 6.1% from 2020 to 2025. The global demand for bicycle components is directly correlated with the rapid industrialization and introduction of new, extremely light but very strong materials. That has transformed the bicycle component manufacturing industry. New technology and advanced methodology used to manufacture such bicycle components have been increasingly applied in the manufacturing sector of sports and mountain bicycles. In addition, there has been an increase in the number of participants involved in cycle sports, and their participation is expected to continue in the coming years. Increasing the number of international cycle racing events in emerging countries such as China, India, etc. is expected to drive growth over the forecast period in the global bicycle component market . Report Coverage The report: “Bicycle Component Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth an...