Mobility Space M&As
Delivered September 20, 2019. Contributor: Jennifer P.
Goals
To determine M&A activity in the mobility space, with a focus on commuter bicycles, e-bikes, and carbon fiber bicycle trends
Early Findings
The Global Carbon Fiber Bike market has an estimated value of $2.79 billion USD, with an estimated annual growth of 9.7%.
Key players in the market include e Giant Bicycle, Merida Bike, Battle-FSD, Trek Bike, XDS, Shen Ying Biking, Look Cycle, Marmot Bike, Cube Bike, Colnago, SOLOMO, Kestrel Bicycles, Storck Bicycle, Tyrell Bicycle, De Rosa, DAHON, Pinarello, Canyon, Felt Cycles and Ellsworth Bike.
The Carbon Fiber Bike Market has increased due to a growing demand for high-end bicycles, and increased interest in bicycle related leisure and sport activities, combined with an increase in affordability of high-end bikes.
Scott Sports recently partnered with Bold Cycles, a brand focused on innovative carbon full suspension frame and rear shocks. Both are based in Switzerland.
Harley Davidson recently acquired StaCyc Inc., a producer of electric bikes for children. Its EDRIVE models are often sold through power sports dealerships where Harleys are also sold.
Proposed next steps:
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