Bicycle locks Market by Type (U-Locks/D-locks, Cable Locks, Chain Locks, Disc Locks and Folding Locks), by Material (Stainless Steel, Copper, Aluminum and Engineering Plastics) - Global Analysis & Forecast 2019-2030

Report ID : 112  |  Published Date : Aug 2019  |  Pages : 180  |  Region : Global  |  Report Code : OTH-8





Bicycle locks Market Overview and Introduction

Global bicycle locks market is estimated to be over US$ 1,072 Mn in 2018. It is anticipated to grow at a 6.6% CAGR from 2019 to 2030.

Bicycles are widely used nowadays for exercise and by health conscious people. They are often associated with healthy living and are environment friendly. The range of bicycles varies depending upon the usage and need of the person. The cost of bicycles also varies depending upon the brand and type of bicycles such as mountain bicycles, BMX & racing cycles. Bicycle locks are widely used to curb the problem of thefts.

The global bicycle locks market is driven by increasing number of bicycles and the value they hold, as bicycles are more prone to theft. On an average approximately 188,000 bicycles are stolen in U.S. Similar trends are seen in European region where there is an increase of 9% in bicycle thefts. Moreover, bicycle commuting is more prevalent than the national average in geographies which are home to large college or university populations including Davis, California, where almost 20% of workers say they commute by bicycle and Boulder, Colorado where 10.4% workers say they commute by bicycle.

Bicycle locks Market by Type

On the basis of type, the bicycle locks market is segmented into U-locks/D-locks, cable locks, chain locks, disc locks and folding locks and others. The U-locks segment is estimated to account for the largest share in the global bicycle locks market throughout the forecast period. The large share of this type of segment can be attributed to its wide scale availability, low cost and great security for bicycles.

Bicycle locks Market  by  Material

On the basis of material, the market can be segmented into stainless steel, copper, aluminum and engineering plastics and others. In terms of market share, stainless steel segment is expected to dominate the market by material segment during the forecast period. The growth of the segment can be attributed to advantages such as effectiveness, bolt-cutter proof, anti-theft, flexibility and user friendly.

Bicycle locks Market by Region

By geography, the global bicycle locks market is segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). Europe dominated the market of bicycle locks, followed by North America and Asia Pacific. Europe will continue to dominate the global bicycle lock market in the forecast period owing to factors such increasing bicycle commuting, rising demand and safety concerns of riders. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, Korea, Japan and India. Factors such as increasing adoption of technological advanced bike locks in countries such as China and Japan and increasing demand from the Southeast Asia region,  increase in the number of cyclist who pedal to work is also rising contributing to the bicycle locks market.

Bicycle locks Market Prominent Players

The prominent players  present in the global bicycle locks market are Allegion plc, ABUS (August Bremicker Sons KG), OnGuard, Master Lock Company, Giant Bicycles, Blackburn, Stanton Concept LLC, LATTIS Oxford Products Ltd, and Hiplok.

Table of Contents

  1. INTRODUCTION
    1. Market Definition
    2. Market Ecosystem
      1.  Market Classification
      2.  Geographic Scope
      3.  Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecasted Years – 2019 to 2030
    3. Currency Used
  2. RESEARCH METHODOLOGY
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1.  Secondary Sources
      2.  Primary Sources
    4. Market Estimation Methodology
      1.  Bottoms Up Approach
      2.  Top Down Approach
    5. Data Validation and Triangulation
      1.  Market Forecasting Model
      2.  Limitations/Assumptions of the Study
  3. ABSTRACT OF THE STUDY
  4. UNIQUE SELLING PROPOSITIONS (USPs)
    1. Market Trend Assessment (Current & Anticipated), By Region/Country/City
      1. U.S. Market Trends
      2. Europe Market Trends – By Country
        1. Germany
        2. Great Britain
        3. France
        4. Italy
      3. Europe Market Trend  - By City
        1. Copenhagen
        2. Utretch
        3. Amsterdam
        4. Strasbourg
        5. Malmo
        6. Bordeaux
        7. Antwerp
        8. Ljubljana
        9. Berlin
        10. Other Regions Market Trends
        11. China
        12. Japan
        13. India
        14. Taiwan
    2. Industry Speaks
    3. Technological Advancements - Competitive Landscape
      1. Competitive Assessment: Best GPS Bicycle Trackers and Smart Locks
        1. Sherlock GPS Bike Tracker – Key Highlights
        2. Ellipse by Lattis– Key Highlights
        3. TOUCHLOCK BIKE PRO– Key Highlights
        4. NULOCK – Key Highlights
        5. LINKA SMART BIKE LOCK – Key Highlights
        6. TurboLock TL-400KBL – Key Highlights
        7. Top Smart Locks
      2. Competitive Assessment: Novel Technologies (Bicycle Locks)
        1. Skunklock – Key Highlights
        2. Tex-lock – Key Highlights
        3. LINKA LEO – Key Highlights
        4. Bitlock – Key Highlights
        5. Seatylock – Key Highlights
        6. Hiplok – Key Highlights
        7. Pentalock – Key Highlights
        8. Key Disruptive Technologies
  5. GLOBAL BICYCLE LOCKS MARKET - ANALYSIS & FORECAST, BY TYPE
    1. U-Locks/D-locks
    2. Cable Locks
    3. Chain Locks
    4. Disc Locks
    5. Folding Locks
    6. Others
  6. GLOBAL BICYCLE LOCKS MARKET - ANALYSIS & FORECAST, BY MATERIAL  
    1. Stainless Steel
    2.  Copper
    3. Aluminum
    4. Engineering plastics
    5. Others
  7. GLOBAL BICYCLE LOCKSMARKET - ANALYSIS & FORECAST, BY REGION
    1.   North America Bicycle Locks Market
      1.  North America Bicycle Locks Market, By Country
        1.  US
        2.  Canada
      2. North America Bicycle Locks Market Analysis & Forecast, By Type
      3. North America Bicycle Locks Market Analysis & Forecast, By Material
    2. Europe Bicycle Locks Market
      1. Europe Bicycle Locks Market, By Country/Region
        1. Germany
        2. U.K
        3. France
        4. Rest of Europe (ROE)
      2. Europe Bicycle Locks Market Analysis & Forecast, By Type
      3. Europe Bicycle Locks Market Analysis & Forecast, By Material
    3. Asia Pacific Bicycle Locks Market
      1. Asia Pacific Bicycle Locks Market, By Country/Region
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific (RoAPAC)
      2. Asia Pacific Bicycle Locks Market Analysis & Forecast, By Type
      3. Asia Pacific Bicycle Locks Market Analysis & Forecast, By Material
    4.  Rest of the World (ROW) Bicycle Locks Market
      1. Rest of the World Bicycle Locks Market, By Country/ Region
        1.  Latin America
        2.  Middle East & Africa
      2. Rest of the World Bicycle Locks Market Analysis & Forecast, By Type
      3. Rest of the World Bicycle Locks Market Analysis & Forecast, By Material
  8. COMPETETIVE LANDSCAPE
    1. Key Players & Their Competitive Positioning (2018)
    2. Key Strategies Assessment
      1. Collaboration/Acquisition/Certification
      2. New Product Launches/Recognition
  9. COMPANY PROFILES (Business Overview, Products Offered, Financial Performance*, Recent Developments)
    1. Allegion plc
    2. ABUS (August Bremicker Sons KG)
    3. OnGuard
    4. Master Lock Company
    5. Giant Bicycles
    6. Blackburn
    7. Stanton Concept LLC
    8. LATTIS
    9. Oxford Products Ltd
    10. Hiplok

*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain