Bicycle gearbox system market 2023-2027: Use of electronic gear shifting in bicycles to fuel the market growth as the leading trend- Technavio

NEW YORK, Jan. 23, 2023 /PRNewswire/ — According to Technavio, the global bicycle gearbox system market size is estimated to grow by USD 2,497.27 million from 2022 to 2027. The market is estimated to grow at a CAGR of 9.3%. Moreover, the growth momentum will accelerate. APAC will account for 32% of the growth of the global market during the forecast period. The use of electronic gear shifting in bicycles is a key trend in the market. Electronic gear shifting enables cyclists to switch gears rapidly using electronic switches. It is a reliable system and is efficient across all terrains. The system is accurate and has a battery backup of thousand miles on a single charge. Such technological innovations will make bicycles more efficient, which, in turn, will support market growth during the forecast period. For more insights on the bicycle gearbox market, request a sample report

Global bicycle gearbox system market – Five forces

The global bicycle gearbox system market is fragmented, and the five forces analysis covers – 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes

For an interpretation of Porter’s five forces model – buy the report!

Global bicycle gearbox system market – Customer landscape 

The report includes the market’s adoption lifecycle, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global bicycle gearbox system market – Segmentation assessment

Segment overview

Technavio has segmented the market based on type (multiple gear and fixed gear) and application (on-road and track bicycles, off-road bicycles, and others). 

• The multiple gear segment will grow at a significant rate during the forecast period. Multiple gears are generally used in sports and mountain bicycles. They offer different speed ranges and are useful in hilly terrains, rocky areas, and difficult road conditions. Several vendors in the market are developing gearboxes with multiple gears. Therefore, an increase in the availability of bicycle gearboxes with advanced features can accelerate the growth of the segment during the forecast period.

Geography overview

Based on geography, the global bicycle gearbox system market is segmented into Europe, North America, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global bicycle gearbox system market.

• APAC is estimated to account for 32% of the growth of the global market during the forecast period. Europe is another region offering significant growth opportunities to vendors. Many European countries are focusing on making their cities car-free cities, which is driving the bicycle market in the region. Cities such as Paris, Copenhagen, and Hamburg have developed an infrastructure of bicycle-only lanes. The introduction of the bicycle-sharing program is another major step taken by European countries. These factors will drive the growth of the regional market during the forecast period.

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Global bicycle gearbox system market – Market dynamics

Key factor driving market growth

• The need to reduce air pollution is driving the market share growth.
• Bicycles help in reducing greenhouse gas emissions, as they do not use any fuel.
• Governments of several countries, especially in Europe, are constructing bicycle-friendly streets, which encourage commuters to use bicycles. In China, many commuters use battery-operated bikes.
• The increase in fuel prices is also driving the use of bicycles for daily commuting.
• Bicycle gearboxes are equipped with a single gear or multiple gears, which helps riders manage the speed.
• Therefore, the rise in the adoption of bicycles will drive market growth during the forecast period.

Major challenges hindering market growth

• The rise in the prices of bicycles with additional gears will challenge the market growth during the forecast period.
• The design of a fixed-gear bicycle is less expensive when compared to bicycles equipped with multiple gears.
• Moreover, multiple-geared bicycles are expensive and increase the overall weight of the bicycle.
• In recent years, gearbox manufacturers have equipped their products with advanced technologies to improve speed and reduce climbing effort.
• The introduction of such systems will further increase the cost of multiple geared bicycles, which, in turn, will further limit the market growth.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this bicycle gearbox system market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the bicycle gearbox system market between 2023 and 2027
• Precise estimation of the size of the bicycle gearbox system market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the bicycle gearbox system market across Europe, North America, APAC, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of bicycle gearbox system market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global bicycle gearbox system market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global bicycle gearbox system market 2017 – 2021 ($ million)

• 4.2 Type Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.3 Application Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type – Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Multiple gear – Market size and forecast 2022-2027
• Exhibit 34: Chart on Multiple gear – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Multiple gear – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Multiple gear – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Multiple gear – Year-over-year growth 2022-2027 (%)

• 6.4 Fixed gear – Market size and forecast 2022-2027
• Exhibit 38: Chart on Fixed gear – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Fixed gear – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Fixed gear – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Fixed gear – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 43: Chart on Application – Market share 2022-2027 (%)
• Exhibit 44: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 45: Chart on Comparison by Application
• Exhibit 46: Data Table on Comparison by Application

• 7.3 On-road and track bicycles – Market size and forecast 2022-2027 
• Exhibit 47: Chart on On-road and track bicycles – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on On-road and track bicycles – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on On-road and track bicycles – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on On-road and track bicycles – Year-over-year growth 2022-2027 (%)

• 7.4 Off-road bicycles – Market size and forecast 2022-2027
• Exhibit 51: Chart on Off-road bicycles – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Off-road bicycles – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Off-road bicycles – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Off-road bicycles – Year-over-year growth 2022-2027 (%)

• 7.5 Others – Market size and forecast 2022-2027
• Exhibit 55: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Application 
• Exhibit 59: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 Europe – Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027
• Exhibit 69: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027
• Exhibit 77: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 81: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027
• Exhibit 89: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027
• Exhibit 93: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027
• Exhibit 97: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 India – Market size and forecast 2022-2027 
• Exhibit 101: Chart on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on India – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on India – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Campagnolo Srl 
• Exhibit 112: Campagnolo Srl – Overview
• Exhibit 113: Campagnolo Srl – Product / Service
• Exhibit 114: Campagnolo Srl – Key offerings

• 12.4 Efneo 
• Exhibit 115: Efneo – Overview
• Exhibit 116: Efneo – Product / Service
• Exhibit 117: Efneo – Key offerings

• 12.5 FSA Srl 
• Exhibit 118: FSA Srl – Overview
• Exhibit 119: FSA Srl – Product / Service
• Exhibit 120: FSA Srl – Key offerings

• 12.6 Kervelo SAS 
• Exhibit 121: Kervelo SAS – Overview
• Exhibit 122: Kervelo SAS – Product / Service
• Exhibit 123: Kervelo SAS – Key offerings

• 12.7 Kindernay 
• Exhibit 124: Kindernay – Overview
• Exhibit 125: Kindernay – Product / Service
• Exhibit 126: Kindernay – Key offerings

• 12.8 MAVIC Group 
• Exhibit 127: MAVIC Group – Overview
• Exhibit 128: MAVIC Group – Product / Service
• Exhibit 129: MAVIC Group – Key offerings

• 12.9 New Effigear 
• Exhibit 130: New Effigear – Overview
• Exhibit 131: New Effigear – Product / Service
• Exhibit 132: New Effigear – Key offerings

• 12.10 Pinion GmbH 
• Exhibit 133: Pinion GmbH – Overview
• Exhibit 134: Pinion GmbH – Product / Service
• Exhibit 135: Pinion GmbH – Key offerings

• 12.11 Rohloff AG 
• Exhibit 136: Rohloff AG – Overview
• Exhibit 137: Rohloff AG – Product / Service
• Exhibit 138: Rohloff AG – Key offerings

• 12.12 Rotor Componentes Technologicos SL 
• Exhibit 139: Rotor Componentes Technologicos SL – Overview
• Exhibit 140: Rotor Componentes Technologicos SL – Product / Service
• Exhibit 141: Rotor Componentes Technologicos SL – Key offerings

• 12.13 Royal Dutch Gazelle N.V. 
• Exhibit 142: Royal Dutch Gazelle N.V. – Overview
• Exhibit 143: Royal Dutch Gazelle N.V. – Product / Service
• Exhibit 144: Royal Dutch Gazelle N.V. – Key offerings

• 12.14 SHIMANO INC. 
• Exhibit 145: SHIMANO INC. – Overview
• Exhibit 146: SHIMANO INC. – Business segments
• Exhibit 147: SHIMANO INC. – Key offerings
• Exhibit 148: SHIMANO INC. – Segment focus

• 12.15 SR Suntour Inc. 
• Exhibit 149: SR Suntour Inc. – Overview
• Exhibit 150: SR Suntour Inc. – Product / Service
• Exhibit 151: SR Suntour Inc. – Key offerings

• 12.16 SRAM LLC 
• Exhibit 152: SRAM LLC – Overview
• Exhibit 153: SRAM LLC – Product / Service
• Exhibit 154: SRAM LLC – Key offerings

• 12.17 Sun Race Sturmey Archer Inc. 
• Exhibit 155: Sun Race Sturmey Archer Inc. – Overview
• Exhibit 156: Sun Race Sturmey Archer Inc. – Product / Service
• Exhibit 157: Sun Race Sturmey Archer Inc. – Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 158: Inclusions checklist
• Exhibit 159: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 160: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 161: Research methodology
• Exhibit 162: Validation techniques employed for market sizing
• Exhibit 163: Information sources

• 13.5 List of abbreviations 
• Exhibit 164: List of abbreviations

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