The hybrid bicycles market will register a CAGR of almost 4% by 2023
Hybrid bicycles offer a better balance of control and speed on roads compared with mountain bikes and road bikes.
- Hybrid bicycles offer a better balance of control and speed on roads compared with mountain bikes and road bikes.
- Hence, the rising emphasis on the betterment of cycling infrastructure is expected to boost the growth of the global hybrid bicycles market during the forecast period.
- Technavio's analysts have predicted that the hybrid bicycles market will register a CAGR of almost 4% by 2023.
- Hence, the growing support through government initiatives is expected to boost the growth of the global hybrid bicycles market during the forecast period.