FMI Analyzes Impact of COVID 19 on Bicycle Chain Market; Stakeholders to Focus on Long term Dimensions

1. Bicycle Chain Market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved November 2020 Report Id :REP-GB-10535 Published On :2020-09-16 Category : Automotive & Transportation

2. AboutFuture Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage • Customized Research • Syndicated Research • Investment Research • Social Media Research • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com

3. Research Methodology (1/2) Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach # includes sources of databases

4. Bicycle Chain Market Analysis • Future Market Insights (FMI), in its recent research report on the bicycle chain market, opines that the market will grow at a steady CAGR of 4.6% over the assessment period of 2020-2030. According to the study, demand for bicycle chains will be influenced by long-term, as well as immediate prevailing trends, including the COVID-19. • However, the bicycle chain manufacturers are witnessing a slump in demand amid the COVID-19 crisis which has impacted the overall market. While manufacturers are seeing a downturn in demand & investments in the sector, currently, amid the COVID-19 led disruption, recovery is projected over 2021-2022.  • “The market prospect for new bicycle sales stays positive, as conventional bicycle component manufacturers commence calibrating their businesses to keep pace with dynamic environment,” says the FMI analyst. • For more insights into the Market, Request a Sample of this Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-10535 • Bicycle Chain Market- Key Takeaways • Based on the material, alloy steel-based bicycle chains will grow remarkably as they offer durability and prevents corrosion. • By chain type, although demand for derailleurs is anticipated to heighten in the near future, the demand for one-speed chains will consistently rise amid 2020-2030.

5. Bicycle Chain Market Analysis • In terms of width, the 3/32″ will retain its dominance throughout the forecast period. • By bicycle, the need for bikes utilized on the roads is considerably high. • Based on the sales channel, OEM’s will be a lucrative segment as it offers an extensive array of bikes. • Bicycle Chain Market – Key Drivers • Growing presence towards shifting to environment-friendly transport methods such as cycling to be the primary driver of the bicycle market. • The rising sports segment is seeking enhanced technologies in shifting gears and chain tensioner mechanism will bode well with the bicycle chain market. • Government initiatives to encourage users for healthier and more sustainable living through modes of transport and infrastructure boosts the market growth. • Regional Analysis  • Asia Pacific continues to be the most lucrative market due to the high production & consumption of bicycles that tower over other regions. • Europe is projected to exhibit growth prospects, wherein Italy, Germany, and the Netherlands will prove extremely lucrative for growth. • North America will augur well for the makers with the US reflecting huge prospects for market growth amid 2020-2030.

6. Bicycle Chain Market Analysis For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-10535 Bicycle Chain Market – Competitive Landscape The global bicycle chain market is highly competitive, characterized by the existence of small & medium size players. Manufacturers operating in the market will focus on innovation to strengthen their foothold and boosting their distribution network. Some of the prominent bicycle manufacturers have begun providing customization to satiate to dynamic customer preference. For instance, they could get the bicycles equipped with a favored model of gear with advanced settings according to consumers’ liking.  Key manufacturers identified in the global bicycle chain market are Renold PLC., SRAM LLC., Taya Chain Co., Ltd., Shimano Inc., KMC Group, Zhejiang Dong Mei Chain Co., Ltd., Tien Yuen Machinery Mfg. Co. Ltd., Metro Group, RK South East Asia SDN. BHD, Izumi Chain Mfg. Co. Ltd., ASR Overseas and Oriental Chain Mfg. Co. Ltd.

7. Bicycle Chain Market Analysis About FMI Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers. For more insights on the Bicycle Chain Market,you can request a report sample with full TOC

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