Categories: Market Research

Bicycle Derailleur Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Bicycle Derailleur Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Bicycle Derailleur Market:

https://www.thebusinessresearchcompany.com/report/bicycle-derailleur-global-market-report

According to The Business Research Company’s Bicycle Derailleur Global Market Report 2024, The bicycle derailleur market size has grown strongly in recent years. It will grow from $1.72 billion in 2023 to $1.88 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The  growth in the historic period can be attributed to increasing popularity of cycling, rising environmental awareness, urbanization and infrastructure development, competitive pricing, customization options.

The bicycle derailleur market size is expected to see strong growth in the next few years. It will grow to $2.65 billion in 2028 at a compound annual growth rate (CAGR) of 8.9%. The growth in the forecast period can be attributed to evolving consumer preferences, government initiatives for sustainable transportation, e-commerce growth, rising health consciousness, global events and sponsorships. Major trends in the forecast period include smart derailleur technology, continued technological innovation, technological advancements, focus on lightweight designs.

The growing trend of e-bikes and e-mountain bikes is expected to boost the growth of the bicycle derailleur market going forward. An e-bike, or electric bike, refers to a particular kind of bicycle with an electric motor to help it move, and e-mountain bikes refer to electric bicycles used on off-road surfaces, such as challenging trails and steep slopes. Derailleurs are used to shift the chain from one sprocket to another, allowing the rider to change the gear ratio and pedal effort, and they are especially beneficial for e-bikes, which frequently weigh more due to the weight of the motor and battery. For instance, in March 2023, according to a report published by the German Bicycle Industry Association (Zweirad-Industrie-Verband), a Germany-based national interest group for bicycle, e-bike, components, and accessories industries, deliveries of Bicycles and E-Bikes to retailers, in 2022, the sales of bicycles and e-bikes climbed to $7.90 billion (7.36 billion euros) (+12%), an increase of 11% compared to 2021. Therefore, the growing trend of e-bikes and e-mountain bikes is driving the growth of the bicycle derailleur market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=13386&type=smp

The bicycle derailleur market covered in this report is segmented –

1) By Product Type: Front Derailleur, Rear Derailleur

2) By Material: Steel, Aluminum, Carbon Fiber, Other Materials

3) By End User: Hybrid Bike, Mountain Bike, Road Bike, Other End Users

Major companies operating in the bicycle derailleur market are focused on developing innovative products, such as rear derailleurs, to meet larger customer bases, increase sales, and increase revenue. Rear derailleurs refer to bicycle drivetrain parts that transfer the chain between various rear-wheel sprockets. For instance, in August 2021, SRAM LLC, a US-based bicycle company, launched new XPLR rear derailleurs and cassettes. The XPLR eTap AXS rear derailleurs can work with both SRAM’s current 10-36T cassettes and the new XPLR 10-44T cassettes. The top pulley wheel is offset to the primary pivot in the new design, which has a more extended knuckle at the top where the rear derailleur attaches to the hanger, moving closer or farther from the cassette as one changes gears.

The bicycle derailleur market report table of contents includes:

 

  1. Executive Summary
  2. Bicycle Derailleur Market Characteristics
  3. Bicycle Derailleur Market Trends And Strategies
  4. Bicycle Derailleur Market – Macro Economic Scenario
  5. Global Bicycle Derailleur Market Size and Growth

.

.

.

  1. Global Bicycle Derailleur Market Competitive Benchmarking
  2. Global Bicycle Derailleur Market Competitive Dashboard
  3. Key Mergers And Acquisitions In The Bicycle Derailleur Market
  4. Bicycle Derailleur Market Future Outlook and Potential Analysis
  5. Appendix

Top Major Players:

  • Shimano Industrial Co. Ltd
  • SRAM LLC
  • Miche, SR Suntour Inc
  • SunRace Sturmey-Archer Inc
  • Mavic Co.

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

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

Good PR News

Recent Posts

Medical Terminology Software Market Share, Growth Opportunities, Demand Factors Report To 2033

The medical terminology software global market report 2024 from The Business Research Company provides comprehensive…

11 hours ago

Apples Market Expansion 2024-2033: Growth Drivers and Dynamics

The apples global market report 2024 from The Business Research Company provides comprehensive market statistics,…

11 hours ago

IP Video Surveillance And VSaaS Market Growth Analysis, Latest Trends And Business Opportunity 2024 To 2033

The ip video surveillance and vsaas global market report 2024 from The Business Research Company…

11 hours ago

Change And Configuration Management Market Expansion 2024-2033: Growth Drivers and Dynamics

The change and configuration management global market report 2024 from The Business Research Company provides…

11 hours ago

Generative AI In Gaming Market Share Analysis, Leading Players, Growth, Trends, And Forecast To 2033

The generative ai in gaming global market report 2024 from The Business Research Company provides…

11 hours ago

Electric Blankets Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033

The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…

12 hours ago