Bicycle Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Environmental & Economic Benefits of Bicycles to Boost the Market Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio has been monitoring the bicycle market and it is poised to grow by USD 10.5 billion during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Which is the leading segment based on product in the market?
  • The on-road and track bicycles are expected to be the leading
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Transportation and Economic Development | The Geography of Transport Systems

Authors: Dr. Jean-Paul Rodrigue and Dr. Theo Notteboom

The development of transportation systems is embedded within the scale and context in which they take place; from the local to the global and from environmental, historical, technological and economic perspectives.

Development can be defined as improving the welfare of a society through appropriate social, political and economic conditions. The expected outcomes are quantitative and qualitative improvements in human capital (e.g. income and education levels) as well as physical capital such as infrastructures (utilities, transport, telecommunications).

The development of transportation systems takes place in a socioeconomic context. While development policies and strategies tend to focus on physical capital, recent years have seen a better balance by including human capital issues. Irrespective of the relative importance of physical versus human capital, development cannot occur without both interacting as infrastructures cannot remain effective without proper operations and maintenance while economic activities cannot take place

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