The highly volatile market posed a big challenge for the bicycle industry in recent years. More stability would have created room to start building on a new growth path. It appears that the market will be stable in 2026, thereby bringing the necessary calm for future recovery. "The market is steadily returning to a more normalised environment as inventory adjustments near completion," said Giant Chairman Young Liu at the annual meeting of shareholders.

High-precision gear and component manufacturer hGears AG started 2026 as expected: the publicly-traded company was aware in advance that it would not be able to achieve exceptional growth amid geopolitical uncertainties and the resulting strain on economic momentum. So even though first-quarter revenue for 2026, at €23.4 million, was 6.9% below the comparable period last year, it was still within the company's expected range.

SCHRAMBERG, Germany - The expected weakness in the e-bike segment in the first nine months of 2025 resulted in a 42% drop in revenue at the e-bike component manufacturer. For hGears, even the positive development of e-tools and e-mobility could not offset the slowdown in the e-bike segment, which continued into the third quarter of this year.

SCHRAMBERG, Germany - The market shows initial signs of a measured rebound, though the improvement still has yet to extend across the entire supply chain. The manufacturer of e-bike drive components, hGears reports that, "the sales volume of e-bikes in Europe during the first half of 2025 is estimated to be roughly on par with the previous year, but European e-bike production has not recovered as expected."

SCHRAMBERG, Germany - The financial results published by e-bike motor component manufacturer hGears are an important indicator of the market expectations of leading European e-bike brands. For the first quarter of 2025, hGears reports a 32.1% sales decline for its e-bike division. For the rest of 2025, hGears expects a further decline of the e-bike market.

SCHRAMBERG, Germany - Even though the weakening economy and the ongoing destocking in the 2024 financial year hurt the turnover and earnings of stock-listed high-precision gear parts and components manufacturer hGears AG, the company says the cost and structural measures introduced are having the desired effect. These have also prepared the company for another difficult year.