Market Overview:
The global bicycle shifters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bicycles across the globe, coupled with rising awareness about the health benefits of cycling. In addition, technological advancements in bicycle shifters are also contributing to the growth of this market. The global bicycle shifters market is segmented on the basis of type, application and region. On the basis of type, it is divided into five speed bicycle shifters, six speed bicycle shifters, seven speed Bicycle Shifters and other types. Among these segments, six-speed bike shifter segment accounts for a major share in terms of revenue owing to its widespread use among cyclists across different regions globally. On account on application; it is classified into mountain bike and road bike-racing segments respectively .Among these applications ,mountain biking helds larger share as compared ot road racing bikes due xtreme sports activities gaining popularity day by day .Regionally ,the global Bicycle Shifters Marketis studied for North America ,Latin America Europe Asia Pacificand Middle East & Africa .
Product Definition:
Bicycle shifters are levers found on the handlebars of a bicycle that allow the rider to change gears. They are important because they allow the rider to smoothly and easily change gears, which can make riding a bicycle easier and more efficient.
5 Speed Bicycle Shifters:
5 speed bicycle shifters are the part of a bicycle that allows the rider to change gears. The most common types of 5-speed shifters found in bicycles have only two speeds while some models offer five different speeds. Some high-end racing bikes may even have seven or more different gear options, making them very difficult to ride in tight spaces and avoiding traffic tickets easily.
6 Speed Bicycle Shifters:
6 speed bicycle shifters are the part of a bicycle that changes gears. There are two types of shifters, one is thumb-operated and other is operated by using the palm of your hand. The 6 speed bicycle shifters have got six different speeds in it. It can be adjusted according to personal requirements with its wide range gear ratio.
Application Insights:
The road bike-racing application segment led the global bicycle shifters market in 2017. Road bikes are preferred for cycling as they provide a comfortable seat and handlebar position, enabling riders to spend longer hours in the saddle. Moreover, racing bicycles have components such as Shimano¢â‚¬â„¢s derailleurs and brakes integrated into them, which enables a rider to perform stunts while riding on jumps and ramps. This has resulted in increased demand for road bike-racing applications worldwide.
Mountain biking is popular among enthusiasts who prefer spending long hours outdoors exploring natural terrain parks or trails with their friends or families on mountain bikes equipped with high suspension tires that roll over uneven surfaces without getting stuck or skidding off course.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing bicycle sales, rising popularity of cycling as a sport, and favorable government initiatives encouraging people to use bicycles for transportation. China is one of the largest markets in this region due to growing popularity of electric bicycles. Moreover, countries such as Japan are also contributing significantly towards regional growth owing to increased adoption of bicycle shifters for mountain and road bikes. Europe was another major market that accounted for more than 25% share in 2017 owing bothto high demand from consumers as well as supportive government policies promoting bicycling activities across countries such as Belgium, Denmark, France among others are boosting industry growth there.
Growth Factors:
- Increasing demand for bicycles from the fitness-conscious population
- Rising popularity of cycling as a mode of transportation in congested urban areas
- Government initiatives and subsidies to promote cycling as an eco-friendly alternative to motorized transport
- Technological advancements that have made bicycle shifters more efficient and durable
- Growing number of online retailers offering a wide variety of bicycle shifters at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Bicycle Shifters Market Research Report
By Type
5 Speed Bicycle Shifters, 6 Speed Bicycle Shifters, 7 Speed Bicycle Shifters, Other
By Application
Mountain Bike, Road Bike-Racing, Other
By Companies
Campagnolo, MicroSHIFT, Giant, Shimano, Sturmey-Archer, Suntour, Bell, Bianchi, Boss, CamelBak, Campagnolo, Clarks, Deda Elementi, Dynacraft, Falcon, Felt, Fox Racing, FSA, Ghost, Origin8, Paul Component
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Bicycle Shifters Market Report Segments:
The global Bicycle Shifters market is segmented on the basis of:
Types
5 Speed Bicycle Shifters, 6 Speed Bicycle Shifters, 7 Speed Bicycle Shifters, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mountain Bike, Road Bike-Racing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Campagnolo
- MicroSHIFT
- Giant
- Shimano
- Sturmey-Archer
- Suntour
- Bell
- Bianchi
- Boss
- CamelBak
- Campagnolo
- Clarks
- Deda Elementi
- Dynacraft
- Falcon
- Felt
- Fox Racing
- FSA
- Ghost
- Origin8
- Paul Component
Highlights of The Bicycle Shifters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 5 Speed Bicycle Shifters
- 6 Speed Bicycle Shifters
- 7 Speed Bicycle Shifters
- Other
- By Application:
- Mountain Bike
- Road Bike-Racing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bicycle Shifters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bicycle shifters are a type of bike gear that allow the rider to change gears by moving the derailleur from one chainring to another.
Some of the major players in the bicycle shifters market are Campagnolo, MicroSHIFT, Giant, Shimano, Sturmey-Archer, Suntour, Bell, Bianchi, Boss, CamelBak, Campagnolo, Clarks, Deda Elementi, Dynacraft, Falcon, Felt, Fox Racing, FSA, Ghost, Origin8, Paul Component.
The bicycle shifters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bicycle Shifters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bicycle Shifters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bicycle Shifters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bicycle Shifters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bicycle Shifters Market Size & Forecast, 2020-2028
4.5.1 Bicycle Shifters Market Size and Y-o-Y Growth
4.5.2 Bicycle Shifters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 5 Speed Bicycle Shifters
5.2.2 6 Speed Bicycle Shifters
5.2.3 7 Speed Bicycle Shifters
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mountain Bike
6.2.2 Road Bike-Racing
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bicycle Shifters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bicycle Shifters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 5 Speed Bicycle Shifters
9.6.2 6 Speed Bicycle Shifters
9.6.3 7 Speed Bicycle Shifters
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mountain Bike
9.10.2 Road Bike-Racing
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 5 Speed Bicycle Shifters
10.6.2 6 Speed Bicycle Shifters
10.6.3 7 Speed Bicycle Shifters
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mountain Bike
10.10.2 Road Bike-Racing
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 5 Speed Bicycle Shifters
11.6.2 6 Speed Bicycle Shifters
11.6.3 7 Speed Bicycle Shifters
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mountain Bike
11.10.2 Road Bike-Racing
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 5 Speed Bicycle Shifters
12.6.2 6 Speed Bicycle Shifters
12.6.3 7 Speed Bicycle Shifters
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mountain Bike
12.10.2 Road Bike-Racing
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 5 Speed Bicycle Shifters
13.6.2 6 Speed Bicycle Shifters
13.6.3 7 Speed Bicycle Shifters
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mountain Bike
13.10.2 Road Bike-Racing
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bicycle Shifters Market: Competitive Dashboard
14.2 Global Bicycle Shifters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Campagnolo
14.3.2 MicroSHIFT
14.3.3 Giant
14.3.4 Shimano
14.3.5 Sturmey-Archer
14.3.6 Suntour
14.3.7 Bell
14.3.8 Bianchi
14.3.9 Boss
14.3.10 CamelBak
14.3.11 Campagnolo
14.3.12 Clarks
14.3.13 Deda Elementi
14.3.14 Dynacraft
14.3.15 Falcon
14.3.16 Felt
14.3.17 Fox Racing
14.3.18 FSA
14.3.19 Ghost
14.3.20 Origin8
14.3.21 Paul Component
