Market Overview:
The global bike chain breaker 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 and motorcycles across the globe. In addition, rising disposable income and growing awareness about fitness are also contributing to the growth of this market. The global bike chain breaker market is segmented on the basis of type, application, and region. On the basis of type, it is divided into seven speed, eight speed, nine speed, 10 speed, 21 speed and other segments. Among these segments 10-speed chains are expected to witness highest growth during 2018-2030 owing to their widespread use in bicycles across different regions globally. On account of application it is classified as bicycle & motorcycle applications; while on regional basis it covers North America (U S Canada), Latin America (Brazil Mexico Argentina), Europe (Germany France Italy Spain U K Nordic countries), Asia Pacific excluding Japan) South Korea Taiwan Australia New Zealand India Pakistan Bangladesh Sri Lanka Maldives Nepal Bhutan Thailand Vietnam Philippines Indonesia Malaysia Singapore Brunei Darussalam Cambodia Laos Myanmar Japan), Middle East & Africa(GCC Countries Israel Turkey Iran Iraq Saudi Arabia Yemen Sudan South Africa Nigeria Kenya Tanzania).
Product Definition:
A bike chain breaker is a tool used to break bicycle chains. It is usually a small, handheld tool that fits over the chain and has two or more protruding spikes that pierce the links of the chain and break them apart.
The importance of having a bike chain breaker on hand is that if your bicycle's chain becomes broken, you can fix it yourself rather than having to take it to a bike shop for repair.
7 Speed:
7 speed is the latest gear ratio that has been gaining popularity in recent years. It's a combination of 5 gears and 1 higher gear, which provides better flexibility than traditional systems. 7-speed systems are widely used in applications where high torque capacity is required, such as electric bicycle and scooters with more power (500W+) to drive the vehicle at higher speeds.
8 Speed:
8 speed is the fastest gear available in a bicycle. It has been used by professional cyclists for many years and is considered to be one of the best gears for fast cycling. 8 speed gear ratio provides higher torque at low speeds which helps in providing better acceleration from standstill and also improves bike handling ability on turns. The most common types of bicycles that use 8-speed are road, mountain, hybrid bikes and kids’ bikes among others.
Application Insights:
Bicycle was the largest application segment in 2017 and accounted for a market share of more than 75% in terms of revenue. The growth can be attributed to increasing urbanization, rising disposable income among consumers, and favorable government policies for promoting bicycle as an efficient mode of transport. For instance, the European Commission has invested ¢â€š¹1 billion (USD ¢â€š¹2 billion) in cycling infrastructure over the next five years under its cycle to work program.
The other applications include hiking/trekking bikes, cargo bikes, electric bicycles and motorcycles. Increasing demand for utility bicycles with higher maneuverability is expected to drive their demand from 2018 to 2030 globally owing to their low maintenance cost and ease of operation compared with conventional bicycles. In addition, growing popularity amongst women cyclists due to improved safety features coupled with increased availability of accessories such as feminine hygiene products will further boost global bike chain breaker market growth over the forecast period.
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 sales of bicycles and motorcycles in countries, such as China, India, Japan, South Korea, Thailand among others. In addition to this major manufacturers are focusing on developing new products with advanced technology for efficient performance thereby driving demand for bike chain breaker in APAC region.
Europe accounted for a significant share of revenue in 2017 owing to high bicycle & motorcycle ownership rate coupled with stringent government regulations regarding energy consumption by vehicles traveling at speeds greater than 25 mph (40 km/h). Europe also has one of the largest markets for electric bicycles which consume less power while providing faster rides especially during longer commutes resulting into higher demand from consumers across the region.
Growth Factors:
- Increasing demand for bicycles owing to their health benefits
- Rising disposable income of consumers in developing countries
- Government initiatives and subsidies for promotion of cycling as a means of transportation
- Development of advanced technologies in bicycle chain breaking tools that make the process easier and faster
- Growing popularity of cycling as a recreational activity
Scope Of The Report
Report Attributes
Report Details
Report Title
Bike Chain Breaker Market Research Report
By Type
7 Speed, 8 Speed, 9 Speed, 10 Speed, 21 Speed, Other
By Application
Bicycle, Motorcycle, Other
By Companies
BikeMaster, BBB Cycling, PRO, Pedros, Unior Tools, Birzman, PARK TOOL, Topeak, White Lightning
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Bike Chain Breaker Market Report Segments:
The global Bike Chain Breaker market is segmented on the basis of:
Types
7 Speed, 8 Speed, 9 Speed, 10 Speed, 21 Speed, 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
Bicycle, Motorcycle, 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:
- BikeMaster
- BBB Cycling
- PRO
- Pedros
- Unior Tools
- Birzman
- PARK TOOL
- Topeak
- White Lightning
Highlights of The Bike Chain Breaker 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:
- 7 Speed
- 8 Speed
- 9 Speed
- 10 Speed
- 21 Speed
- Other
- By Application:
- Bicycle
- Motorcycle
- 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 Bike Chain Breaker 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?
Bike Chain Breaker is a tool that can be used to break bicycle chains.
Some of the major players in the bike chain breaker market are BikeMaster, BBB Cycling, PRO, Pedros, Unior Tools, Birzman, PARK TOOL, Topeak, White Lightning.
The bike chain breaker 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 Bike Chain Breaker 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 Bike Chain Breaker Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bike Chain Breaker 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 Bike Chain Breaker 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 Bike Chain Breaker Market Size & Forecast, 2018-2028
4.5.1 Bike Chain Breaker Market Size and Y-o-Y Growth
4.5.2 Bike Chain Breaker Market Absolute $ Opportunity
Chapter 5 Global Bike Chain Breaker 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 Bike Chain Breaker Market Size Forecast by Type
5.2.1 7 Speed
5.2.2 8 Speed
5.2.3 9 Speed
5.2.4 10 Speed
5.2.5 21 Speed
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bike Chain Breaker 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 Bike Chain Breaker Market Size Forecast by Applications
6.2.1 Bicycle
6.2.2 Motorcycle
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bike Chain Breaker 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 Bike Chain Breaker 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 Bike Chain Breaker Analysis and Forecast
9.1 Introduction
9.2 North America Bike Chain Breaker 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 Bike Chain Breaker Market Size Forecast by Type
9.6.1 7 Speed
9.6.2 8 Speed
9.6.3 9 Speed
9.6.4 10 Speed
9.6.5 21 Speed
9.6.6 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 Bike Chain Breaker Market Size Forecast by Applications
9.10.1 Bicycle
9.10.2 Motorcycle
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 Bike Chain Breaker Analysis and Forecast
10.1 Introduction
10.2 Europe Bike Chain Breaker 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 Bike Chain Breaker Market Size Forecast by Type
10.6.1 7 Speed
10.6.2 8 Speed
10.6.3 9 Speed
10.6.4 10 Speed
10.6.5 21 Speed
10.6.6 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 Bike Chain Breaker Market Size Forecast by Applications
10.10.1 Bicycle
10.10.2 Motorcycle
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 Bike Chain Breaker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bike Chain Breaker 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 Bike Chain Breaker Market Size Forecast by Type
11.6.1 7 Speed
11.6.2 8 Speed
11.6.3 9 Speed
11.6.4 10 Speed
11.6.5 21 Speed
11.6.6 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 Bike Chain Breaker Market Size Forecast by Applications
11.10.1 Bicycle
11.10.2 Motorcycle
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 Bike Chain Breaker Analysis and Forecast
12.1 Introduction
12.2 Latin America Bike Chain Breaker 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 Bike Chain Breaker Market Size Forecast by Type
12.6.1 7 Speed
12.6.2 8 Speed
12.6.3 9 Speed
12.6.4 10 Speed
12.6.5 21 Speed
12.6.6 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 Bike Chain Breaker Market Size Forecast by Applications
12.10.1 Bicycle
12.10.2 Motorcycle
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) Bike Chain Breaker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bike Chain Breaker 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) Bike Chain Breaker Market Size Forecast by Type
13.6.1 7 Speed
13.6.2 8 Speed
13.6.3 9 Speed
13.6.4 10 Speed
13.6.5 21 Speed
13.6.6 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) Bike Chain Breaker Market Size Forecast by Applications
13.10.1 Bicycle
13.10.2 Motorcycle
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 Bike Chain Breaker Market: Competitive Dashboard
14.2 Global Bike Chain Breaker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BikeMaster
14.3.2 BBB Cycling
14.3.3 PRO
14.3.4 Pedros
14.3.5 Unior Tools
14.3.6 Birzman
14.3.7 PARK TOOL
14.3.8 Topeak
14.3.9 White Lightning
