Authored By: Sarah
14 Jun 2021

Bicycle Gearbox System Market Size to Grow by $ 2.12 bn through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the bicycle gearbox system market and it is expected to grow by $ 2.12 bn, accelerating at a CAGR of almost 9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Bicycle Gearbox System Market: Emerging Trends to Impact Market Growth

Growing awareness on the need to reduce air pollution is a key factor in driving the bicycle gearbox system market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors. Multiple gear segment has been the leading segment in recent years and it is expected to offer sustained growth over the forecast period. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Bicycle Gearbox System Market: Vendor Analysis

The market is concentrated due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Campagnolo Srl, effiGEAR SAS, Efneo sp Zoo, Fallbrook Technologies Inc., microSHIFT, Pinion GmbH, Rohloff AG, Shimano Inc., SRAM LLC., and Sun Race Sturmey Archer Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

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