How Are Bicycle Manufacturers Responding to the Evolution in the Gear Bicycle Industry?

Key takeaways:

• Introduction
• Latest trends in the industry
• Impact of e-mobility on the gear bicycle sector

Bicycles, as a means of transport, have been very popular in developing countries for a long time. The affordable nature of bicycles and the convenience offered by them made them perfect for short-distance travel. Especially in the rural countryside, almost every household still owns a bicycle due to its utility in daily commutation. At the same time, as the awareness regarding environmental sustainability and carbon emissions caused by vehicular transport has increased, cities and other urban areas across the globe are also witnessing a major rise in demand for bicycles.

Also, traditionally, bicycles were considered a mode of transport for kids and youth who wanted to travel to their colleges and universities. However, the craze for bicycles has increased so much in the past few years, that males and females of all age groups now use bicycles for commuting. A change in mental attitude has also been witnessed which has increased the use of bicycles. Earlier, the bicycle was considered a poor man’s vehicle; but now, it has become a symbol of fitness, which highlights the changing lifestyle of people globally. Owing to these advantages, bicycles, especially gear bicycles have become one of the widely popular in the past few decades.

How have gear bicycle manufacturing businesses changed over the past few years?

Recently, certain trends and advancements in the gear bicycle industry have completely changed its dynamics, which is why bicycle manufacturers are increasingly investing in new technologies. Firstly, the manufacturing process itself has undergone massive evolution. From conventional subtractive manufacturing techniques, companies have shifted to additive manufacturing methodologies like 3D printing. This has helped the companies to cut down the waste generation and reduce the cost associated with raw materials. Also, the flexibility offered by 3D printing techniques has enabled manufacturers to develop unique and customized designs as per the demands of the customers.

Integration of modern digital technologies with gear bicycles is another important development in this domain. The new gear bicycles that are being manufactured have bike computers installed in them. The user can connect his/her smartphone to the bike computer and turn on GPS navigation for seamless commutation. Also, bicycle manufacturers have improvised this concept of bike computers and have offered additional functionalities that allow the user to play music, get real-time notifications, and read messages.

Electronic bikes: Understanding the introduction of e-mobility in the gear bicycle industry

The advent of electronic bikes, or e-bikes, as they are called, is one of the latest trends in the gear bicycle industry. These electronic bikes are hybrid, meaning they can run on batteries and be pedaled. One major problem that proved to be a hurdle initially for e-bikes was that they were very heavy and bulky. However, in the last few years, e-bike manufacturers have made conscious efforts to reduce the weight of electronic gear bicycles.

For this, electronic gear bicycle manufacturers have started using aluminum frames instead of steel frames for the bike wheel rims. Furthermore, advancements in material sciences have led to the emergence of carbon fibers which are also being used for developing bike wheels. Today, most bicycle parts like wheels, pedals, saddles, seats, handlebars, etc., are manufactured from carbon fibers which drastically reduces the weight of the bicycle.

The launch of many such e-bikes has helped the gear bicycle industry flourish; for instance, in January 2023, eBikeGo, a leading electric vehicle manufacturer, announced the launch of an electronic bike Transil e1. The e-bike is powered by a 36V-5.2AH Li-ion battery, which makes the bike perfect for short-distance commutations. With advanced features like an LED smart display, the bike offers a wide range of functionalities, which makes the bike an ideal replacement for conventional fossil fuel-based vehicles.

To conclude, the growth of the gear bicycle industry is on account of the increasing use of bicycles in urban as well as rural areas for short-distance commutation. The rising environmental awareness among people regarding the hazards of vehicular emission is anticipated to augment the growth rate of the sector in the years to come. Furthermore, technological advancements in the domain are estimated to open new opportunities in the domain.

For insights into how your business can capitalize on the opportunities offered by the industry, feel free to contact us.

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