Global Bicycle Chains Market Overview:
Bicycle chains are manufactured from pairs of steel plates by pinning them to hold together. A roller is placed to separate each pair of inner plates. The rivet is pressed tightly through outer plates. These chains ensure the smooth working of bicycles. Growing demand for improved and racing bikes are boosting demand for bicycle chains. This factor is estimated to propel the growth of the global bicycle chains market in the forecast period.
- Eco-Friendly Vehicles are Gaining Traction Worldwide
- Increasing Inclination toward Bicycle use is Fuelling Demand for Bicycle Chains
- Increasing Focus on Reducing Traffic and Making Roads Safer for Bicycle Riders is Boosting Demand for Bicycles
- Fluctuating Raw Material Prices
- Rising Construction and Improvements in the Structures across the Globe
- Rising Adoption of Prototype chain-less Bikes
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Rohloff AG (Germany), The Shadow Conspiracy (United States), SRAM LLC. (United States), Black Diamond (United States), CeramicSpeed (Denmark), Park Tool Company (United States), Renold PLC. (United Kingdom), Taya Chain Co., Ltd. (Taiwan), KMC Group (United States), Shimano Inc. (Japan) and Tien Yuen Machinery Mfg. Co. Ltd. (Taiwan). Additionally, following companies can also be profiled that are part of our coverage like Metro Group (India) and Izumi Chain Mfg. Co. Ltd. (Japan). Analyst at AMA Research see European and United States Vendors to retain maximum share of Global Bicycle Chains market by 2026. Considering Market by Sales Channel, the sub-segment i.e. OEMs will boost the Bicycle Chains market. Considering Market by Material, the sub-segment i.e. Carbon Steel will boost the Bicycle Chains market. Considering Market by Width, the sub-segment i.e. 1/8” will boost the Bicycle Chains market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bicycle Chains market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bicycle Chains market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Bicycle Chains Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.