COVID-19 Pandemic Impact on Global Bicycle Gearbox System Market 2020-2024|Technavio

The bicycle gearbox system market is expected to register a CAGR of almost 7{d93457022679712214ff8a8035fa266341f9634f2c93d5e609b1bbb089e8c446} during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.

https://www.businesswire.com/news/home/20200831005410/en/” data-reactid=”14″>This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200831005410/en/

Technavio has announced its latest market research report titled Global Bicycle Gearbox System Market 2020-2024 (Photo: Business Wire)

Download a Free Sample Report on the impact of COVID-19 pandemic analysis.” data-reactid=”27″>Request for Technavio’s market report estimates including pre- and post-COVID-19 impact on bicycle gearbox system market. Download a Free Sample Report on the impact of COVID-19 pandemic analysis.

Consumer Discretionary Industry is anticipated to have Negative impact. The bicycle gearbox system market will showcase Negative impact during 2020-2024.” data-reactid=”28″>Due to the extensive spread of the virus across the globe, the Consumer Discretionary Industry is anticipated to have Negative impact. The bicycle gearbox system market will showcase Negative impact during 2020-2024.

Bicycle Gearbox System Market is segmented as below:

• Geographic Landscape
  • Europe
  • North America
  • APAC
  • South America
  • MEA
• Type

APAC region will account for the highest incremental growth during the forecast period due to the increased use of bicycles, especially in rural areas and the emergence of a bike-sharing scheme.

View market snapshot before purchasing” data-reactid=”35″>With the surging growth of COVID-19 pandemic, the Consumer Discretionary market is anticipated to have an Indirect impact during the forecast period. View market snapshot before purchasing

Shift from traditional gears to the electronic gears has been an instrumental factor in influencing the growth of bicycle gearbox system market. Other market drivers include the availability of multiple gearbox configuration and need to reduce air pollution. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.

https://www.technavio.com/talk-to-us?report=IRTNTR43155” data-reactid=”43″>Get more insights about the global trends impacting the future of bicycle gearbox system market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43155

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include Campagnolo Srl, effiGEAR SAS, Efneo sp Zoo, Fallbrook Technologies Inc., microSHIFT, Pinion GmbH, Rohloff AG, Shimano Inc., SRAM, and Sun Race Sturmey Archer Inc.

Technavio’s SUBSCRIPTION platform” data-reactid=”46″>Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio’s SUBSCRIPTION platform

Story continues