Shaft Drive Bike Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
22365 | Date :
Jan, 2023 | Pages :
182 | Region : Global |
Publisher : RI
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.
The main reason is that in 2016 and the first half of 2017, the first generation shared bicycles were in market by Mobike, and the first generation shared bicycles was Shaft Drive Bike, but in the second half of the year 2017, the first generation shared a bicycle quit the market, so the data fluctuating a little bit obviously.
China has the largest global export quantity and manufacturers in Shaft Drive Bike market, while the North America is the second sales volume market for Shaft Drive Bike in 2016.
In the industry, Mobike profits most in 2016 and recent years, while TDJDC and Dynamic Bicycles ranked 2 and 3.The market share of them is 94.83%, 3.93% and 0.36% in 2016.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are four mainly types of Shaft Drive Bike, including Mountain Bike, Road Bike, Commuter Bike and Touring Bike. And Commuter Bike is the main type for Shaft Drive Bike, and the Commuter Bike reached a sales volume of approximately 500.84 K Unit in 2016, with 95.32% of global sales volume.
Shaft Drive Bike technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.
The Global Shaft Drive Bike Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Shaft Drive Bike Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Mobike
TDJDC
Dynamic Bicycles
Brikbikes
Beixo
Maruishi Cycle Ltd.
E-Cruiser Bikes In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Mountain Bike
Road Bike
Commuter Bike
Touring Bike
Others In Market segmentation by applications :
Personal
Sharing Service
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Shaft Drive Bike Market for the forecast period 2023 - 2030?
• What are the driving forces in the Shaft Drive Bike Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Shaft Drive Bike industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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