Why Invest in Crownring?
While optimistic estimates are projected through 2032 I'd like to focus on the more immediate trends. The 2024 global bicycle market is estimated to have been
$62.72 billion conservatively, by market analysis. The 2023 market was $61.67 billion. These numbers include parts and services. Crownring will have a small share in the overall sale of parts but Crownring's potential lies in its featured incorporation on new bicycles.
Ebikes are gaining a substantial share of the market and as batteries and motors improve that share is likely to increase. Crownring has a positive advantage for anything that uses a chainring. Crownring reduces rider strain significantly. By putting that energy toward battery powered bikes Crownring can prolong the charge for riders that use the pedals. Ebikes will ride longer between charges.
A drive train that requires ~25% less effort is going to put a whiplash into the global bicycle market. Lets remember that Crownring is a chainring and will conform to the same production processes that provide chainrings for the 138 million bicycles sold annually. Of those, 25 million are sold in the US alone, according to available statistics.
My plan is to start a new bicycle company that features Crownring as its sole power conveyance. The efficiency of the Crownring bicycles will quickly escalate sales resulting in a fast growing company that maintains a significant edge over its competition.
Ebikes are popular because people do not want to work harder. Crownring can reduce the effort on electric bikes and manual bikes alike. The market is wide open.
Small bicycle companies are holding on because the demand for new bikes is too high for any single entity to fill. Any new bicycle company is going to hold its own. A Crownring bicycle company will not only grab an extensive share of the market, it is my assertion that a Crownring bicycle will increase demand. That increase will belong elusively to Crownring.
That's not to say Crownring will only be available on Crownring brand bicycles. Licensing to existing bicycle companies is going to be a major share of profit. I am confident that in a few years only specialty bicycles will come with standard round chainrings. The common bicycle, everywhere, will be a Crownring powered bike.
You could start any new bicycle company and profit. The demand is there. The market is big enough to support the smallest ventures. If you start a Crownring bicycle company then the competition will indeed be pedaling hard trying to keep up.
There are two ways to invest in Crownring. Support Crownring on GoFundMe which is best for donations of small to moderate size. This fund is needed to keep Crownring alive until measures can be taken toward production.
For Angel Investors and Venture Capital, those interested in having a stake in Crownring, contacting Jay directly, either through this website's contact page, or by emailing contact information to crownring.bike@gmail.com.