Press release
Bicycle Chain Market Report, Overview, Size, Share, Trends, Growth And Forecast By 2033
Bicycle Chain Market Report
As per the report, the bicycle chain market size has grown strongly in recent years. It will grow from $6.97 billion in 2023 to $7.43 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The bicycle chain market size is expected to see strong growth in the next few years. It will grow to $9.62 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=16627&type=smp
Rising Cycling Enthusiast Population Sparks Surge In Bicycle Chain Market Growth
The growing cycling enthusiast population is expected to propel the growth of the drug-eluting stent market going forward. Cycling enthusiasts are individuals passionate about and dedicated to cycling as a recreational activity or sport. Cycling is an excellent cardiovascular exercise that improves heart health, builds muscle strength, and enhances endurance. Moreover, bicycles are more affordable to purchase and maintain compared to cars. The bicycle chain supports the transfer of energy from pedaling to propel the bicycle forward by engaging with the chainrings and rear cassette or freewheel. For instance, in June 2023, according to a report by the Outdoor Industry Association (OIA), a US-based non-profit organization, participation in outdoor cycling grew to 54.7 million enthusiasts, marking a 6.5% increase from 2021 to 2022. Additionally, BMX bicycling saw an annual growth rate of 8.5%. Therefore, the growing cycling enthusiast population will drive the growth of the bicycle chain market.
Advancements In Electric Bike Chain Sprocket Kits And Customized Component Solutions
Major companies operating in the bicycle chain market are engaged in customizing and personalizing components by advancing chain sprocket kits to enhance performance and expand market reach. A chain sprocket kit typically refers to a set of sprockets or gears designed for electric bicycles/bicycles, which include components such as chainrings, cogs, or a complete cassette tailored to the specific needs of electric bike motors and drivetrains. For instance, in December 2023, L. G. Balakrishnan & Bros. Ltd., an Indian-based automotive component manufacturer, introduced the industry's first electric bike chain sprocket kit, exclusively supplied to Tork Motors, marking a significant advancement in electric mobility solutions. Additionally, they unveiled specialized chain sprocket kits designed for the Ultraviolette F77, catering to the specific requirements of high-performance electric motorcycles. Alongside these advancements, the company expanded its offerings with a new range of dampers made from poly PU rubber materials, enhancing its portfolio of automotive components.
The bicycle chain market covered in this report is segmented -
1) By Type: 6 Speed,8 Speed, 10 Speed, Other Types
2) By Material Type: Carbon Steel, Alloy Steel, Nickel Plated
3) By Application: Road Bikes, Mountain Bikes, Hybrid And Commuter Bikes, Electric Bikes, E Cargo Bikes
4) By Sales Channel: First Fit, Replacement
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=16627&type=discount
Major companies operating in the bicycle chain market are Shimano Inc, Tsubakimoto Chain Co. , SRAM LLC, Renold PLC, KettenWulf Betriebs GmbH, Campagnolo Srl, Sedis, Wippermann GmbH, SunRace Sturmey-Archer Inc, Taya Chain Co. Ltd., Full Speed Ahead (FSA), Sugino Machine Limited, BBB Cycling, Miche S.p.A., Regina Chain, CeramicSpeed Sport A/S, KMC Chain Industrial Co Ltd., Izumi Chain Mfg Co Ltd, Kettenfabrik Unna AG, Atlas Engineering Works (Atlas Chains), Token Products USA, HKK Chain, OMO Bikes, VisionTech
Contents of the report:
1. Executive Summary
2. Bicycle Chain Market Report Structure
3. Bicycle Chain Market Trends And Strategies
4. Bicycle Chain Market - Macro Economic Scenario
5. Bicycle Chain Market Size And Growth
…..
27. Bicycle Chain Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/bicycle-chain-global-market-report
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bicycle Chain Market Report, Overview, Size, Share, Trends, Growth And Forecast By 2033 here
News-ID: 3629455 • Views: …
More Releases from The Business research company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Chain
Ship Anchor Chain Market Expected to Expand to 3.7% CAGR: Growth Momentum Driven …
According to a new study by DataHorizzon Research, the Ship Anchor Chain Market is projected to grow at a CAGR of 3.7% from 2025 to 2033, driven by escalating global maritime trade volumes, expanding commercial shipping fleet modernization, enhanced vessel safety regulation implementation, and increasing emphasis on sustainable anchoring infrastructure. The market expansion reflects fundamental recognition that anchor chains represent critical maritime safety components requiring superior tensile strength, corrosion resistance,…
Global Rigging Chain & Chain Fittings Market Research Report 2025-2031
The global market for Rigging Chain & Chain Fittings was estimated to be worth US$ 7444 million in 2024 and is forecast to a readjusted size of US$ 9812 million by 2031 with a CAGR of 4.7% during the forecast period 2025-2031.
QY Research (Market Research Report Publisher) announces the release of its lastest report "Rigging Chain & Chain Fittings - Global Market Share and Ranking, Overall Sales and Demand…
Mastering the Chain: Supply Chain Operational Intelligence Market 2024-2032
Supply Chain Operational Intelligence (SCOI) represents a critical component of modern supply chain management, enabling organizations to gain actionable insights into their operations and make informed decisions in real-time. This comprehensive approach leverages advanced analytics, data visualization, machine learning, and IoT technologies to monitor, analyze, and optimize various aspects of the supply chain, including inventory management, logistics, transportation, production, and demand forecasting. The market presentation emphasizes the importance of SCOI…
Maintenance-free Industrial Chain Market Industry Scenario and Demand - Tsubakim …
MarketQuest.biz has just released a new market research study named Global Maintenance-free Industrial Chain Market gives a comprehensive overview of the current and future phases of the market during 2023 to 2029 time-period. The report helps clients to predict investment in an emerging market, expansion of market share, or success of a new product with the help of global market research analysis. This report provides a very evident understanding of…
Oilfield Roller Chain Market Developments, Demand and Industry Trends Survey Rep …
The global Oilfield Roller Chain Market 2020 Research report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2025. This report also includes the overall and comprehensive study of the Oilfield Roller Chain market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Oilfield Roller Chain industry…
Global Block chain Supply Chain Industry Market Analysis & Forecast 2018-2023
In the Global Block chain Supply Chain Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a…
