Bike Locks Market to make a new high by reaching USD 1811.8 Mn by 2028

A bicycle lock is a security device used to deter bicycle theft, generally by fastening the bicycle to a fixed object, e.g., a bike rack.

Europe is the largest Bike Locks market with about 51% market share. Americas is follower, accounting for about 33% market share.

The key players are Blackburn Design, Allegion, ABUS, OnGuard, TiGr lock, Knog, Master Lock, Seatylock, Litelok, GIANT, Tonyon, Hiplok, Oxford Products etc. Top 3 companies occupied about 25% market share.

The global Bike Locks market was valued at US$ 1243.4 million in 2020 and is expected to reach US$ 1811.8 million by the end of 2027, growing at a CAGR of 5.5% during 2021-2027.

This report focuses on Bike Locks volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Bike Locks market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

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The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • U-locks
  • Chain Locks
  • Folding Locks
  • Cable Locks
  • Others

Segment by Application

  • OEM
  • Aftermarket

By Company

  • Blackburn Design
  • Allegion
  • Abus
  • Onguard
  • Tigr Lock
  • Knog
  • Master Lock
  • Seatylock
  • Litelok
  • Giant
  • Tonyon
  • Hiplok
  • Oxford Products

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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