2019 Bicycle Carbon Frames Market Growth Analysis by Top Key Players - Giant Manufacturing, Battaglin Cicli, Fuji Bikes, CKT, Ritchey Design and others

Adroit Market Research has announced the addition of the “Global Bicycle Carbon Frames Market Size Status and Forecast 2025”, The report classifies the global Bicycle Carbon Frames in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

This report studies the global Bicycle Carbon Frames Speaker market, analyzes and researches the Bicycle Carbon Frames Speaker development status and forecast in North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. This report focuses on the top players in global market, like Giant Manufacturing, Battaglin Cicli, Fuji Bikes, CKT, Ritchey Design

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The global bicycle carbon frame market size is estimated to reach USD 2.76 billion by 2025. After years of decline in the sales of the bicycle across the globe, mainly due to a change in transportation dynamics, bicycles are now regaining their importance. The bicycle carbon frames market trends imply that the increasing inclination towards recreational sports and tourism are some of the key factors to propel the demand for bicycles across the globe, which in turn, is supporting the sales of bicycle carbon frames. Furthermore, a shift in consumer lifestyle is also supplementing the demand for bicycles.

Bicycles, traditionally used as a mode of transportation are now being increasingly used for the recreational and sporting purpose. Bicycles such as mountain bikes are available in different variants in order to suit consumer demand. Another major factor in the growth of the global bicycle industry is soaring fuel prices coupled with increased traffic congestion as well as pollution. Moreover, health benefits associated with the riding bicycle is also a key factor to supplement the growth of the global bicycle carbon frames industry over the next few years.

Changing retail landscape is one of the major developments witnessed in the global bicycle carbon frames market trends. Increasing online sales of bicycle carbon frames have led to growth in the overall sales owing to ease of choice for better frames. Local vendors are also making their product available online so as to increase their customer reach. Improving design techniques which further increases durability and flexibility are some of the crucial trends to drive the global bicycle carbon frames market.

At a regional scale, Europe is projected to account for largest bicycle carbon frames market share. Increasing inclination towards recreational touring coupled with the aim for decreasing carbon footprints is the key factor to drive market growth across matured economies such as Europe and North America. Asia Pacific is projected to witness substantial growth, mainly due to the impressive growth trend in China. The Chinese market accounts for a major chunk in the bicycle carbon frames market size. China is one of the top manufacturer as well as a major consumer of bicycles. The bicycle carbon frames industry in China is projected to grow around 6.7% CAGR over the forecast period.

In terms of market competition, the bicycle carbon frames industry is a highly competitive market with the presence of a large number of local and regional players. The rising number of local players, especially across Asia Pacific region is giving tough competition to the global players to maintain their bicycle carbon frames market share. Product differentiation is one of the major strategy adopted by key players to maintain their customer base. Some of the global players in the bicycle carbon frames market are Giant Manufacturing, Battaglin Cicli, Fuji Bikes, CKT, and Ritchey Design.

Key segments of the global bicycle carbon frames market

Material Overview, 2015-2025 (USD Million) (Thousand Units)
• Full carbon
• Half carbon

Product Type Overview, 2015-2025 (USD Million) (Thousand Units)
• Mountain Bike
• Road Bike
• Others

Reasons for the study

• The purpose of the study is to give an exhaustive outlook of the bicycle carbon frame industry.
• We have been following the bicycle manufacturing industry from quite some time, especially bicycles produced from new materials such as carbon fiber. Usage of carbon fiber has been increasing across several industry verticals, owing to which bicycles made from carbon fibers are also gaining immense popularity.
• Increasing usage of bicycles as an alternative mode of transportation, especially across developed economies is a key trend observed in the bicycle industry.
• Rise in governmental support for bicycle as the new alternative to save the fuel and control pollution is one of the strong reason for high adoption rate for bicycles, hence augmenting sales for bicycle carbon frames across the globe.

What does the report include?

• The study on the global bicycle carbon frames market includes qualitative factors such as drivers, restraints, and opportunities
• Additionally, the market has been evaluated using the value chain, Porter’s Five Forces’ analysis, PESTEL analysis and price trend analysis
• The study covers qualitative and quantitative analysis of the market segmented on the basis of material, product type, region (and country).
• Actual market sizes and forecasts have been provided for all the above-mentioned segments
• The study includes the profiles of key players in the market with a significant global and/or regional presence

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