Shaft Drive Bike Market

The global Shaft Drive Bike market was valued at .96 Million USD in 2021 and will grow with a CAGR of 30.54% from 2021 to 2027, based on Research newly published report.
The prime objective of Shaft Drive Bike Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Shaft Drive Bike Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A shaft-driven bicycle is a bicycle that uses a drive shaft instead of a chain to transmit power from the pedals to the wheel. Shaft drives were introduced over a century ago, but were mostly supplanted by chain-driven bicycles due to the gear ranges possible with sprockets and derailleurs. Recently, due to advancements in internal gear technology, a small number of modern shaft-driven bicycles have been introduced.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 recommends the new entrants need to be considered carefully before enter into this field.
By Market Verdors:

• Mobike
• TDJDC
• Dynamic Bicycles
• Brikbikes
• Beixo
• Maruishi Cycle
• E-Cruiser Bikes

By Types:

• Mountain Bike
• Road Bike
• Commuter Bike
• Touring Bike

By Applications:

• Personal
• Sharing Service

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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