Global Shaft Drive Bike Market Growth 2023-2029

Global Shaft Drive Bike Market Growth 2023-2029

A shaft-driven bicycle is a bicycle that uses a drive shaft instead of a chain to transmit power from the pedals to the wheel. Shaft drives were introduced over a century ago, but were mostly supplanted by chain-driven bicycles due to the gear ranges possible with sprockets and derailleurs. Recently, due to advancements in internal gear technology, a small number of modern shaft-driven bicycles have been introduced.
LPI (LP Information)' newest research report, the “Shaft Drive Bike Industry Forecast” looks at past sales and reviews total world Shaft Drive Bike sales in 2022, providing a comprehensive analysis by region and market sector of projected Shaft Drive Bike sales for 2023 through 2029. With Shaft Drive Bike sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Shaft Drive Bike industry.
This Insight Report provides a comprehensive analysis of the global Shaft Drive Bike 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 Shaft Drive Bike portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Shaft Drive Bike market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Shaft Drive Bike 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 Shaft Drive Bike.
The global Shaft Drive Bike market size is projected to grow from US$ 18 million in 2022 to US$ 24 million in 2029; it is expected to grow at a CAGR of 24 from 2023 to 2029.
Global Shaft Drive Bike key players include Mobike, TDJDC, Dynamic Bicycles, Brikbikes, Beixo, etc. China is the largest market, with a share about 80%, followed by North America and Europe, total have a share about 15 percent. In terms of product, Commuter Bike is the largest segment, with a share about 95%. And in terms of application, the largest application is Sharing Service, followed by Personal.
This report presents a comprehensive overview, market shares, and growth opportunities of Shaft Drive Bike market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Mountain Bike
Road Bike
Commuter Bike
Touring Bike
Others
Segmentation by application
Personal
Sharing Service
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.
Mobike
TDJDC
Dynamic Bicycles
Brikbikes
Beixo
Maruishi Cycle
E-Cruiser Bikes
Key Questions Addressed in this Report
What is the 10-year outlook for the global Shaft Drive Bike market?
What factors are driving Shaft Drive Bike market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Shaft Drive Bike market opportunities vary by end market size?
How does Shaft Drive Bike 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.