Synopsis
The global market for Bike Locks was estimated to be worth US$ 727 million in 2024 and is forecast to a readjusted size of US$ 991 million by 2031 with a CAGR of 4.6% during the forecast period 2025-2031.
A bike lock is a device used to prevent a bicycle from being stolen. It secures the bike to a stationary object, such as a lamppost or a railing, to prevent theft or unauthorized movement. Bike locks come in various forms, including U-locks, chain locks, folding locks, and cable locks, each offering different levels of security, convenience, weight, and durability. As urbanization accelerates globally, cycling has become an increasingly popular eco-friendly and convenient mode of transportation, driving the growth of the bike lock market.
Globally, bike locks are not only personal security tools but are also commonly used in bike-sharing systems to ensure the safety of shared bicycles. Modern bike locks have become more innovative, with smart locks allowing users to control the lock via a mobile app, enhancing both security and user experience.
In recent years, the global bike lock market has experienced steady growth. As cycling culture gains popularity, especially in large cities, more and more people are choosing bicycles as their daily commuting tool. The widespread use of bicycles has directly driven the demand for high-quality, high-security bike locks. Additionally, the growing focus on eco-friendly and healthy lifestyles has made bicycles an essential part of urban transportation, offering a promising future for the bike lock market.
Innovation in the market is a significant trend, with the emergence of smart bike locks playing a key role. Smart locks, which use Bluetooth, Wi-Fi, and other technologies, allow users to control the lock's unlocking and locking functions via their smartphones, greatly enhancing convenience and security. Smart bike locks not only provide remote monitoring and alarm functions but also use cloud technology to store cycling data, further increasing users' sense of security.
In terms of driving forces, the rise of urban bike-sharing systems is another significant factor. The rapid growth of bike-sharing services has increased the demand for anti-theft locks. Many bike-sharing companies have adopted high-tech smart locking systems to ensure the safety of bicycles in public spaces.
However, the market also faces certain challenges, such as the continuous advancement of theft techniques and consumer sensitivity to the price and quality of locks. Despite these challenges, the market remains on a positive growth trajectory due to the increasing demand for high-security and smart technology solutions.
This report aims to provide a comprehensive presentation of the global market for Bike Locks, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Bike Locks by region & country, by Type, and by Application.
The Bike Locks market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bike Locks.
Market Segmentation
By Company
Blackburn Design
Allegion
ABUS
OnGuard
TiGr lock
Master Lock
Seatylock
Litelok
Giant
TONYON
ZOLI
Yuema Security
Hiplok
Oxford Products
BlueLock
Segment by Type
U-Lock
Chain Lock
Folding Lock
Cable Lock
Others
Segment by Application
Bike OEM
Retail Market
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Bike Locks manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Bike Locks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Bike Locks in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request