Market Executive Summary

The global Bike Racks market was valued at 407.31 Million USD in 2021 and will grow with a CAGR of 4.91% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Bike racks are used to carry bikes. They can help protect bikes and provide extra loading options. In the report, the bike racks are only used for cars.Market competition is not intense. Thule Group, SARIS CYCLING GROUP, Curt, CAR MATE, Allen Sports, Yakima Products, Atera GmbH, Uebler, Rhino-Rack, Hollywood Racks, VDL Hapro, Mont Blanc Group, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. The top 3 are Thule Group, SARIS CYCLING GROUP and Curt, with above 30% market shares. Europe is the largest consumption place, with a consumption market share nearly 36%. Following Europe, USA is the second largest consumption place with the consumption market share of 33%.
By Market Verdors:
Thule Group
SARIS CYCLING GROUP
Curt
CAR MATE
Allen Sports
Yakima Products
Atera GmbH
Uebler
Rhino-Rack
Hollywood Racks
VDL Hapro
Mont Blanc Group
Cruzber
Swagman
Kuat
Alpaca Carriers
RockyMounts

By Types:
Rear & Hitch Bike Racks
Roof Mounted Bike Racks

By Applications:
SUV
Truck
Sedan

Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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