DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Research on China's Bicycle Hub Market from 2012 to 2016" report to their offering.
There are nearly 30 bicycle hub enterprises in China and a number of international brands presence in the domestic market, mainly are Quando, Joy and Shinano. In 2011, the sales revenue of China's bicycle hub industry reached CNY 4.197 billion, year-on-year growth 43.31%. As of June 2012, the market scale of China's bicycle hub industry has reached CNY 1.979 billion.
As for the product structure, Taiwan manufacturers produce medium and high-end products, the representative enterprises are Quando, Joy and so on; the international brands represent the industry's top level, such as DT swiss, Shimano and so on; the products of domestic enterprises mainly concentrated in the medium and low-end fields.
As far as brand concentration degree, at present, the products of Joy and Quando account for 60%--70% market share in domestic market.
In terms of consumption structure, China's current consumption level is low, the medium and low-end products account for about 90% of the total products, the consumer groups focus on students, office workers, etc; the proportion of high-end product consumption is small, mainly focus on professionals, enthusiasts and white-collar workers and other consumer groups.
The bicycle development has already reached its mature stage, and needs to design the personalized and functional products according to the social needs. In the first half of 2012, although the year-on-year growth rate of China's economy became slower, the sales of high-end bicycles gradually improved, this suggests that the domestic market has entered the consumer upgrading period. With the improvement of domestic living standards, the high living quality will become the needs of masses of the people. The high-end products in domestic market will have a huge development potential.
Key Topics Covered:
1. Development Trend of Global Bicycle Hub Market in 2011
2. Development Environment of China's Bicycle Hub Industry
3. Development of China's Bicycle Hub Industry
4. Operation Situation of China's Bicycle Hub Industry
5. Supply and Demand Situation of China's Bicycle Hub Industry
6. Sales Situation of China's Bicycle Hub Industry from 2009 to the First Half of 2012
7. Import and Export of China's Bicycle Hub Industry from 2009 to 2011
8. Key Regions of China's Bicycle Hub Industry
9. SWOT of China's Bicycle Hub Industry
10. Key Enterprises of China's Bicycle Hub Industry
11. Development Forecast of Bicycle Hub Industry
12. Research on Investment Strategies of Bicycle Hub Industry
Companies Mentioned
- DT swiss
- Joy Industrial Co.
- Quando Group
- Shimano
For more information visit Research and Markets
About Research and Markets
Research and Markets 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.
