Cycle Chain Market 2030: Analysis, Size, Business Growth, Trends and Future Scenario Along with Top Key Players Shimano, SRAM, Rohloff

PRESS RELEASE
Published September 11, 2023

Infinity Business Insights has introduced a new report titled Cycle Chain Market: By Size, Trends, Share, Growth, Segments, Industry Analysis, and Forecast for 2030. This report offers accurate data encompassing the global, regional, and country-specific dimensions of the Cycle Chain Market, including size, share, recent advancements, segmented growth, and the present as well as future market prospects in both emerging and established markets. The report provides valuable insights and details such as product range, revenue figures, driving factors, growth patterns, cutting-edge technologies, financial statistics, innovations, major competitors, and a regional breakdown of the market.

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Major Key Players are Campagnolo, KMC, Shimano, SRAM, Rohloff, Renold, YABAN Chain Industrial, Wippermann, IZUMI CHAINS, Clarks, TAYA CHAIN, Tien Yuen Machinery, Metro Group, Lixing Chain Co., Ltd., Qingdao CHOHO, DAIDO KOGYO, LGB, SFR, RK JAPAN, TIDC, Rockman Industries, Schaeffler, Enuma Chain, Regina Catene Calibrate

Market Overview:

The global cycle chain market is projected to grow at a CAGR of 5.6% from 2023 to 2030, reaching a value of US$2.6 billion by 2030.As cycling gains popularity as a sustainable and healthful means of transportation and pleasure, the cycle chain industry is expanding rapidly. Cycle chains are critical components for efficiently transmitting power from the rider to the bicycle’s wheels. The growing popularity of cycling for commuting, exercise, and pleasure is driving market growth, with a focus on dependable and low-maintenance chain systems. Furthermore, advancements in cycle chain design, materials, and coatings are fueling expansion. As cycling becomes more popular as an environmentally friendly and healthy lifestyle option, and riders choose smooth and dependable rides, the bike chain industry is expected to increase as a critical component of contemporary bicycles.

Market Segmentation:

By Types:

Bicycle Chain
Motorcycle Chain

By Application:

OEM
Aftermarket

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Cycle Chain Market challenges and opportunities:

The cycle chain market faces challenges related to the growing popularity of belt drives in some bicycle segments, environmental concerns associated with lubrication, and competition from electric bikes. However, opportunities arise from the continued expansion of the global bicycle market, especially in urban areas, and the demand for lightweight, low-friction chains for high-performance cycling. Companies can capitalize on these opportunities by developing eco-friendly lubricants, investing in research and development for advanced chain materials, and targeting niche markets such as professional cycling. Adapting to evolving bicycle trends while emphasizing sustainability and innovation is essential for success in the cycle chain market.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2023-2030) of the following regions are covered

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

The Cycle Chain market report addresses several essential inquiries, including:

  1. Analysis of strengths and weaknesses of key vendors.
  2. Identification of leading key players and their future business plans.
  3. Projection of the market size and growth rate for the Cycle Chain market in the upcoming year.
  4. Examination of the primary factors driving the global Cycle Chain market.
  5. Assessment of key market trends influencing the growth of the global Cycle Chain market.
  6. Identification of trending factors impacting market shares in top regions worldwide, including the effects of Covid-19 on the industry.
  7. Evaluation of key market players and their strategies within the global Cycle Chain market.
  8. Exploration of market opportunities and threats faced by vendors in the global Cycle Chain market.
  9. Analysis of industrial trends, drivers, and challenges influencing market growth.
  10. Presentation of key findings derived from the five forces analysis of the global Cycle Chain market.

What’s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero- Covid policy in China and its bumpy reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

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Table of Content:
1. Introduction

1.1 Study Scope

1.2 Research Report Guidance

1.3 Market Segmentation

2.Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Cycle Chain Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 Asia Pacific

4.2.4 Rest of the World

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Cycle Chain Market – Key Market Dynamics

5.1 Market Drivers

5.2 Market Restraints

5.3 Market Opportunities

5.4 Future Trends

5.5 Impact Analysis of Drivers and Restraints

Continued……!

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