Increased bicycle prevalence spurs new bike technology
Implications - Bikes are coming back into the lifestyle of everyday Americans. Once seen as an exercise or leisure activity, the cost of gas and the green and clean energy movement have led to regular bicycle use. With increased riders have come advancements to improve the everyday bicycling experience.
Trend Themes
1. Eco-friendliness - The increase in bike ridership has spurred a trend toward bikes with increased eco-friendliness through features like electric or solar power.
2. Futuristic Designs - Innovative designs and technology have become increasingly popular with modern consumers, leading to the creation of new and exciting products.
3. Safety Innovations - As more people turn to bikes for transportation, there has been a growing trend in the creation of safety innovations for bicycles, such as puncture-proof tires and illuminated frames.
Industry Implications
1. Bicycle Manufacturing - Bicycle manufacturers can focus on enhancing the eco-friendliness, safety, and futuristic features of their products to keep up with current trends.
2. Technology - As bikes increasingly incorporate new technology, the technology industry has opportunities to develop products specifically for cyclists, such as mobile apps for tracking workouts or smart lock systems for preventing theft.
3. Transportation - As more people turn to bikes for transportation, there are opportunities for transportation companies to implement bike-friendly infrastructure, such as bike lanes and secure bike parking.
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Date Range:
Feb 09 — Oct 09
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