Shaft Drive Bike market size (most likely outcome) will be a year-over-year revenue growth rate US$ 7 million in 2021. Over the next five years the Shaft Drive Bike market will register a -31.7% CAGR in terms of revenue, the global market size will reach US$ 1 million by 2027.
Shaft Drive Bike Market Overview
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.
Recent Development:
24-hour racing is challenging, not only for the riders itself, but also for the bikes. These bikes need to be in perfect condition at the start of the race and stay in good condition each time they leave the pit box for the next stint. 24 hours is not just a race, weather and temperature conditions change around the clock. Dynamic is the right partner for Scorpions Racing Team with a diversity of products to get these bikes out of the pit lane in excellent condition and back on the track to perform for that next podium finish
What are the major Applications, Types, and Regions of Shaft Drive Bike Market?
Shaft Drive Bike Market is segmented based on the type, applications, companies, and regions.
By Type, Shaft Drive Bike Market has been segmented into
- Mountain Bike
- Road Bike
- Commuter Bike
- Touring Bike
- Others
The end user’s industry application on Shaft Drive Bike Market is,
- Personal
- Sharing Service
- Others
Regional Analysis:
The Europe has significant market as the trend of the fitness and health is estimated to gain traction over the forecast period. Additionally, Asia Pacific region has prominent market because of the developing economies and the rise in consumer’s purchasing power, these factor is expected to drive the shaft drive bike system market.
The report offers in-depth assessment of the growth and other aspects of the Shaft Drive Bike Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Shaft Drive Bike Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Shaft Drive Bike Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
What is our Shaft Drive Bike Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of -13.7% during the review period (2022 to 2027).
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By Type
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- Mountain Bike
- Road Bike
- Commuter Bike
- Touring Bike
- Others
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By Application
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- Personal
- Sharing Service
- Others
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By Companies
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Mobike, TDJDC, Dynamic Bicycles, Brikbikes, Beixo, Maruishi Cycle, E-Cruiser Bikes
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2022
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Forecast Year
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2022 to 2027
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Customization Available
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Yes, the report can be customized as per your needs
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The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
Key Takeaways from this Shaft Drive Bike Report
- Evaluate Shaft Drive Bike market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Shaft Drive Bike market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Questions
What is the study period of this market?
The Shaft Drive Bike Sheet Market is studied from 2017 - 2027.
What is the growth rate of Shaft Drive Bike Sheet Market?
The Shaft Drive Bike Sheet Market is growing at a CAGR of -13.7% over the next 5 years.
Who are the key players in Shaft Drive Bike Sheet Market?
Mobike, TDJDC, Dynamic Bicycles, Brikbikes, Beixo, Maruishi Cycle, E-Cruiser Bikes
What region does this Shaft Drive Bike Sheet Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Shaft Drive Bike Sheet Market?
Mountain Bike, Road Bike, Commuter Bike, Touring Bike, Others
What are the major end-use applications of Shaft Drive Bike Sheet Market?
Personal, Sharing Service