Global Bicycle Gearbox Market Growth 2023-2029
The bicycle gearbox is incorporated into the frame near the crank. The gearbox consists of spur gears that multiply the effort applied by the rider. Furthermore, prominent and eco-friendly cities are promoting bicycles commuting by creating dedicated and safer bike lanes, aiding the growth of bicycle gearbox market. In order to reduce vehicle traffic congestion and air pollution, the governmental authorities have implemented a bicycle subsidy program. Additionally, the provision of dedicated cycling infrastructure within an urban environment has been found to significantly impact individuals to choose bicycles.
LPI (LP Information)' newest research report, the “Bicycle Gearbox Industry Forecast” looks at past sales and reviews total world Bicycle Gearbox sales in 2022, providing a comprehensive analysis by region and market sector of projected Bicycle Gearbox sales for 2023 through 2029. With Bicycle Gearbox sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bicycle Gearbox industry.
This Insight Report provides a comprehensive analysis of the global Bicycle Gearbox landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bicycle Gearbox portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bicycle Gearbox market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bicycle Gearbox and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bicycle Gearbox.
The global Bicycle Gearbox market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Growing focus and awareness towards green movement, the need to address health problems, environmental sustainability, and higher gas prices augur well for the future of human-powered transportation. Higher disposable incomes and growing penetration of low-priced gear assisted bicycles by marketing push are some of the key factors driving the growth of bicycle gearbox market. Increase in the popularity of bicycle rental programs also contributes to the demand for bicycle gearbox in sports bicycles.
This report presents a comprehensive overview, market shares, and growth opportunities of Bicycle Gearbox market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Multiple Gear
Fixed Gear
Segmentation by application
Road Bikes
Sports Bikes
Hybrid Bikes
Mountain Bikes
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Pinion
Rohloff
Shimano
SR Suntour
Campagnolo
effiGEAR
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bicycle Gearbox market?
What factors are driving Bicycle Gearbox market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bicycle Gearbox market opportunities vary by end market size?
How does Bicycle Gearbox break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.