According to the www.techsciresearch.com report, “India Bicycle Market By Type, By Geared Vs Gearless, By Rim Size, Competition Forecast and Opportunities, 2011 - 2021’’, bicycle market in India is projected to grow at a CAGR of over 11% during 2016-2021, Report URL :- https://www.techsciresearch.com/report/india-bicycle-market-by-type-roadster-sports-and-kids-by-geared-vs-gearless-by-rim-size-26-inch-20-inch-28-inch-24-inch-18-inch-16-inch-29-inch-14-inch-12-inch-27-5-inch-and-others-competition-forecast-and-opportunities/827.html

1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
India Bicycle Market By Type, By Geared Vs
Gearless, By Rim Size, Competition Forecast
and Opportunities, 2011 - 2021

2. Ta b l e o f C o n t e n t s
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S. No. Contents
1. Product Overview
2 Research Methodology
3. Analyst View
4. India Bicycle Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Type (Roadster, Sports and Kids)
4.2.2. By Geared Vs Gearless
4.2.3. By Company
4.2.4. By Region
4.2.5. By Rim Size (26 Inch, 20 Inch, 28 Inch, 24 Inch, 18 Inch, 16 Inch, 29 Inch, 14
Inch, 12 Inch, 27.5 Inch and Others)
4.3. India Bicycle Market Attractive Index (By Region)
4.4. India Bicycle Market Attractiveness Index (By Bicycle Type)
5. India Sports Bicycle Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Bicycle Type (Mountain, Hybrid and Racing)
5.2.2. By Rim Size (28 Inch, 26 Inch, 29 Inch, 27.5 Inch, & Others)
5.2.3. By Geared Vs Gearless
5.2.4. By Region

3. Ta b l e o f C o n t e n t s
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S. No. Contents
5.3. India Sports Bicycle Market Attractive Index (By Bicycle Type)
5.4. India Sports Bicycle Market Attractiveness Index (By Rim Size)
6. India Roadster Bicycle Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Rim Size (26 Inch, 24 Inch, & 28 Inch)
6.2.2. By Region
6.3. India Roadster Bicycle Market Attractiveness Index (By Rim Size)
7. India Kids Bicycle Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Geared Vs Gearless
7.2.2. By Rim Size (20 Inch, 18 Inch, 16 Inch, 14 Inch, & 12 Inch)
7.2.3. By Region
8. Supply Chain Analysis
9. Import-Export Analysis
10. Market Dynamics
10.1 Drivers
10.2. Challenges
11. Market Trends & Developments

4. Ta b l e o f C o n t e n t s
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S. No. Contents
11.1. Growing Demand for Premium Bicycles
11.2. Increasing Demand for Disc Brakes in Sports Bicycles
11.3. Increasing Sales of Bicycles through E-Commerce Channels
11.4. Rising Adoption of Tubeless Tires in Cycles
11.5. Growing Demand for Geared Bicycles in India
12. Policy & Regulatory Landscape
13. India Economic Profile
14. Competitive Landscape
14.1. Hero Cycles Ltd.
142. TI Cycles of India
14.3. Atlas Cycles (Haryana) Ltd.
14.4. Avon Cycles Limited
14.5. Starkenn Sports Private Limited
14.6. S. K. Bikes Pvt. Ltd.
14.7. Eastman Industries Limited
14.8. Seth Industrial Corporation
14.9. Naren International
14.10. Top Trak Bicycles
15. Strategic Recommendations
16. About Us & Disclaimer

5. P r o d u c t O v e r v i e w
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Vehicle Segment Sub-Segment Customer Segment
Bicycle
Roadster
IndividualsSports
Kids
Cycle is defined as, “A non-motorized vehicle propelled by feet acting on pedals
having two tandem wheels attached to a frame.”
Classification According to Bicycle Type
Product Definition

6. R e s e a r c h M e t h o d o l o g y
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A
C
B
Primary
Research
Company
Analysis
Desk
Research
 Identifying Key Opinion
Leaders
 Questionnaire Design
 In-depth Interviews
 Market Participants
 Key Strengths
 Bicycle Portfolio
 Recent
Developments
 Market
Changing
Aspects/Dynami
cs
 Government
Policies
 Final Conclusion
 LinkedIn
 TechSci Internal
database
 Factiva
 Hoovers
Paid Sources
 Company Website
 Company Annual
Reports
 White Paper Study
 Financial Reports
 Investor
Presentations
 Regulatory Body,
 Associations, etc.
Secondary
Research
Primary
Research
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
•In-depth secondary research was used to
determine top players in the India Bicycle
market, overall market size and segmental
market size.
Market Profiling
•In order to conduct industry experts interviews,
TechSci Research formulated a detailed
questionnaire.
Formulating Questionnaire
•List of industry players, distributors, and
industry specialists was developed.
Developing list of respondents
•TechSci Research conducted interviews with
industry experts, industry players, for data
collection and verification.
Data Collection
•Data obtained as a result of primary and
secondary research was validated through
rigorous triangulation.
Data Validation
•The data was scrutinized using MS-Excel and
statistical tools such as Time Series analysis etc.
to obtain qualitative and quantitative insights
about India bicycle market.
Data Analysis

7. R e s e a r c h M e t h o d o l o g y
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Baseline Methodology:
For the study, TechSci Research has gathered information through primary research surveys with leading
bicycle companies operating in India. We also put through an exhaustive search of credible paid
databases such as Business Week, Factiva, Hoovers, etc., including our internal database. Our team of
analysts has then prudently evaluated all the collected information and presented the same in
chronological order to depict a meaningful and clear picture of India bicycle market.
While compiling the data, we have also cross-checked all the collected information from multiple sources
and data warehouses, so as to present the most accurate and precise information of the concerned
industry.
Sampling Technique:
While conducting the study, TechSci Research followed stratified random sampling technique to shortlist
Key Opinion Leaders (KOLs) in various bicycle companies/dealers & distributors operating in India. KOLs
based out of prominent bicycle companies/dealers & distributors were interviewed to identify the size of
India bicycle market.
Sample Size:
KOLs No. of Respondents
Mid to Senior Management, Sales Managers,
etc., of Bicycle Companies/
Dealers & Distributors
40
Industry Experts 10
Total 50

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Market Size Calculation Technique:
Primary Research
For the preparation of India bicycle report, bottom-up model has been used, which has been later cross
validated by using top-down approach. TechSci Research interviewed Senior Managers and Regional
Sales Managers of the prominent bicycle companies/dealers & distributors using Delphi technique for
calculating the market size of India bicycle market. Respondents were also asked about the current and
future growth rates, market share by bicycle type, etc. All the information gathered was carefully
analyzed. Data points which exhibited high deviations from the majority estimates were eliminated as
outliers and the remaining refined data points were put together to arrive at the volume data.
Primary Research – Some of the Companies’ Dealers & Distributors Interviewed
S. No. Company Dealers & Distributor Names
1. HERO CYCLES LTD.
2. TI Cycles of India
3 ATLAS CYCLES (HARYANA) LTD.
4. AVON CYCLES LTD.
5. Starkenn Sports Pvt. Ltd.
6. S. K. Bikes Pvt. Ltd.
7. Eastman Industries Limited

9. R e s e a r c h M e t h o d o l o g y
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Secondary Research:
We also put through an exhaustive search of credible paid databases such as Factiva, Hoovers, etc., in
addition to our internal database. Further analyses of credible publications, white papers, company’s
annual reports, investor presentations, news articles, etc. were also analyzed to cross validate findings
derived from primary research.
Forecasting Technique:
The team developed forecast on the basis of econometric and judgemental analysis in addition to
statistical techniques such as averaging and geometric mean. During primary research interviews,
questions regarding historical sales trend of bicycle market were put forward. Respondents were asked
about the current and future growth rates, market share by bicycle type in India. In order to forecast
India bicycle market, following forecast techniques were used:
• Time Series Analysis
• Econometric and Judgmental Analysis
• Moving Average
S. No. Few of the Secondary Source
1. AICMA
2. The Registrar General & Census Commissioner, India
3 Cycling Federation of India
4. World Bank
5. International Monetary Fund (IMF)

10. I n d u s t r y B r i e f
10
India Bicycle Market to Grow at CAGR 11%till 2021
Rising awareness about health benefits of cycling, increasing popularity of sports bicycles and implementation of favorable
government schemes to propel India bicycle market through 2021
According to TechSci Research report, “India Bicycle Market By Type, By Geared Vs Gearless, By Rim Size, Competition
Forecast and Opportunities, 2011 - 2021”, the bicycle market in India is projected to grow at a CAGR of over 11%, during
2016-2021, on account of growing population base, increasing discretionary spending and rising health consciousness among
people. In India, cycling is being swiftly adopted as a means to stay fit and as a popular recreational activity. Further, many of
state governments have started construction of dedicated bicycle lanes in major cities to encourage cycling, as an environment
friendly means of transportation. This is also projected to drive sales of bicycles across the country in the coming years.
Large share of the country’s total population is based in rural areas, where roadster bicycle is an important mode of
transportation. With constant increase in volume demand for roadster bicycles in India, the segment is anticipated to continue
dominating India bicycle market. Due to unavailability of efficient transportation facilities and appropriate road network in
rural part of India, roadster bicycles are extensively used for transportation. Moreover, many state governments have also
distributed bicycles to school children. As per Census 2011, despite absolute increase in urban population in India, over 70% of
the country’s population resides in rural areas. Share of the rural population in India’s total population, however declined from
72.19% in 2001 to 68.84% in 2011. Consequently, level of urbanization in the country increased from 27.81% in 2001 to
31.16% in 2011. Growing urban population base and rising demand for roadster bicycles from rural population is projected to
drive growth in the country’s bicycle market in the ensuing years.
“India, one of the fastest growing economies in the world, is witnessing high demand for sports bicycle. Growing focus on
fitness and health, and increasing trend of using cycles to commute to work is projected drive sales of sports bicycles in the
country during the coming years. On the back of growing demand for sports bicycles in the country, many international players
have introduced their products in India bicycle market. Although, India has emerged as one of the major manufacturers of
bicycles in the world, the country imports considerable number of high-end or premium bicycles from other countries to
address domestic demand for high end bicycles. Moreover, widespread presence of well-established network of dealers and
distributors has been strengthening position of international bicycle manufacturers in India.”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting firm.

11. S a m p l e D a t a - S n a p s h o t
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India Bicycle Market Size, By Value (USD Million), By
Volume (Million Units), 2011-2021F
1 2 3 4 5 7 8 9 10 11 12
3 5 7 9 11
15 17 19 21 23 25
2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F
Value (USD Billion) Volume (Million Units)
Source:XXXXX
Note: These are dummy figures; please purchase our report for actual data
India Bicycle Market Share, By Company, By Volume, 2015-2021F
10% 10% 10% 10% 10% 10% 10%
15% 15% 15% 15% 15% 15% 15%
20% 20% 20% 20% 20% 20% 20%
25% 25% 25% 25% 25% 25% 25%
30% 30% 30% 30% 30% 30% 30%
2015 2016E 2017F 2018F 2019F 2020F 2021F
Hero TI Atlas Avon Others*
India Bicycle Market Attractiveness Index, By Region,
By Volume, 2015-2021F
0.00%
0.50%
1.00%
1.50%
2.00%
2.50%
3.00%
3.50%
4.00%
4.50%
5.00%
0.00 1.00 2.00 3.00 4.00 5.00
South
West
East
North
India Sports Bicycle Market Share, By Bicycle
Type, By Volume, 2015-2021F
10% 10% 10% 10% 10% 10% 10%
20% 20% 20% 20% 20% 20% 20%
70% 70% 70% 70% 70% 70% 70%
2015 2016E 2017F 2018F 2019F 2020F 2021F
Mountain Hybrid Racing
India Sports Bicycle Market Share, By Region, By
Volume, 2015 & 2021F
West
2015 2021F
---------------
X% X%
South
2015 2021F
---------------
X% X%
East
2015 2021F
---------------
X% X%
North
2015 2021F
---------------
X% X%
15%
15%
15%
15%
15%
25%
Nepal
Mozambique
UK
Zambia
Poland
Rest of World
India Bicycle Exports
Share, By Value, FY2016
India Kids Bicycle Market Size, By Value (USD Million), By
Volume (Million Units), 2011-2021F
1 2 3 4 5 7 8 9 10 11 12
3 5 7 9 11
15 17 19 21 23 25
2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F
Value (USD Billion) Volume (Million Units)

12. R e p o r t O r d e r i n g
To View Sample OR Purchase Report
Report Price
Report Name: India Bicycle Market By Type, By Geared Vs Gearless, By Rim
Size, Competition Forecast and Opportunities, 2011 - 2021
License Type Price
Electronic Access - Single User License $2500
CD-ROM Mail Delivery $3000
Hard Copy Mail Delivery $3500
Electronic Access - Multi-User License $5000
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