Global Bicycle Derailleur Market was valued US$ xx Mn. in 2019 and the total revenue is expected to grow about 15% from 2020 to 2027, reaching nearly US$ xx Mn.
Global Bicycle Derailleur Market: Overview
Bicycle Derailleur are system is used in multi gear bicycle. The derailleur uses gear transmission mechanism in bicycle to change gear, a chain driving multiple size sprockets can be used to change the transmission speed, mechanism utilizes derails to shift chain from one sprocket wheel to another sprocket wheel. The derailleur has two types according to their position front derailleur and rear derailleur.
The derailleur consists of a metal frame which moves back and forth to shift chain, the mechanism used to control movement is highly complex known as brute force bicycle device. Modern derailleur uses parallelogram mechanism to track sprocket with minimum friction. Major new bicycle uses the derailleur system. Increasing trend of multi gear bicycle is driving the Global Bicycle Derailleur Market.
Global Bicycle Derailleur Market: Drivers and Restraints
Global Bicycle Derailleur Market is mainly driven by the growth in global bicycle rental and bike rental program, increasing popularity of bicycle and health awareness among people. Several regions across the world are capitalizing on the rising demand for bicycles and are offering bicycles on a sharing and rental basis at low cost.
Bicycle provides pollution free travelling along with health benefits, the peoples are choosing bicycle to cover short distance travel.
The off-road bicycle racing and adventure activities are getting popular driving need for robust and speedy bicycle with multi gear facility driving the growth of Global Bicycle Derailleur Market.
Increasing urbanization lead growth in road traffic is creating need for solution some city provide separate lane for bicycle is driving the growth of Global Bicycle Derailleur Market.
The bicycle needs regular maintenance and repair is majorly hindering the growth of bicycle result in challenge in growth of Bicycle Derailleur Market.
Global Bicycle Derailleur Market1
Global Bicycle Derailleur Market: End Use
By End Use, Global Bicycle Derailleur Market segmented into Hybrid Bike, Mountain Bike, Road Bike, and Other End Use. Road Bike segment has dominance over the global bicycle derailleur market, owing to the growth in demand of bicycle in urban areas for health and small distance travel. Hybrid bike and mountain bike market is growing significantly driving the Global Bicycle Derailleur Market.
By product type, Global Bicycle Derailleur Market segmented into front derailleur and rear derailleur. The global bicycle derailleur is showing demand for rear derailleur, owing to demand of rear multi gear system is growing as it costs less and also its maintenance is easy. The front derailleur usually used with rear derailleur costing more, restraining the growth of front Bicycle Derailleur Market.
Global Bicycle Derailleur Market: Regional Overview
By region, Global E-Rickshaw Market is segmented into Asia Pacific, North America, Europe, South America, and Middle East & Africa. North America is expected to witness an excellent growth and was the leading market with a market value of USD xx Million. The regional market value is expected to reach USD xx Million by 2027 with an impressive 15% CAGR during the forecast period. North America is one of the prominent markets in the Global Bicycle Derailleur Market.
Europe and North America regions are both are growing with moderate growth rate in Global Bicycle Derailleur Market because of their growing health awareness. Asia Pacific which comprises India, China, Australia, and Japan among other countries dominated the global bicycle derailleur market in 2019. The region is also expected to show the enormous growth rate during the forecast period. Increasing bicycles rental programs from recent few years, China accounted for the largest market share in 2019.
The report also helps in understanding Bicycle Derailleur Market dynamics, structure by analyzing the market segments and projects the Bicycle Derailleur Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Bicycle Derailleur Market make the report investor’s guide.
Scope of the Bicycle Derailleur Market
Bicycle Derailleur Market, By Product Type
● Front Derailleur
● Rear Derailleur
Bicycle Derailleur Market, By End User
● Hybrid Bike
● Mountain Bike
● Road Bike
● Other End User
Bicycle Derailleur Market, by Region
● Asia Pacific
● North America
● Europe
● South America
● Middle East & Africa
Key players operating in Bicycle Derailleur Market
● Campagnolo
● microSHIFT
● Shimano
● SRAM
● Suntour
● Bianchi
● Blackspire
● BMC
● Campagnolo
● Continental
● Deda Elementi
● DIA-COMPE
● DMR
● FSA
● Gipiemme
● IRD
● Jagwire
● KCNC
● Kenda
● Mavic
● Miche
● microSHIFT
● Standard
● Sunlite
● Token
● Ultegra
For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-bicycle-derailleur-market/79230/
This Report Is Submitted By: Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact info:
Name: Lumawant Godage
Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.
Email: [email protected]
Address: Pune, Maharashtra 411051, India.
Contact: +919607195908
