Bicycle Frames Market to Surge USD 32,386.67 Billion by 2028, Size, Share, Emerging Trends, Key Growth Drivers, Challenges and Industry Revenue Outlook

The bicycle frames market is expected to witness market growth at a rate of 6.00% in the forecast period of 2021 to 2028 and is expected to reach USD 32,386.67 billion by 2028. Data Bridge Market Research report on bicycle frames market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The growing number of people choosing bicycling as a form of leisure is escalating the growth of bicycle frames market.

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Bicycle frame makes up the main structure of a bicycle which brings robustness and rigidity to the bike. Numerous frames are present in the market which are utilized to construct different types of bicycles including bikes, road bikes, mountain bikes, children's' bikes and folding bikes among others. Bicycle frames differ in shapes and sizes in accordance with the type of bike to be built. Diamond, step-through and cantilever among others are the most common shapes of bicycle frames and is manufactured using wide range of materials including aluminum, steel, titanium, carbon fiber and magnesium.

The rise in the adoption of sports and recreational activities, the increasing production and sales especially during the pandemic and inclination towards bicycle as a convenient form of exercise to ensure a healthy lifestyle are the major factors driving the bicycle frames market. The consumer preference of a bicycle over the other transportation modes for commutation, rising traffic congestion and shortage of parking space, especially in metropolitan cities and the growing environmental concerns is encouraging people to adopt cycling as transportation accelerate the bicycle frames market growth. The usage of bicycle commutation for short distances for saving time, government initiatives in the form of infrastructural development and increasing healthcare projects encouraging people to adopt cycling as means of transport and excursive influence the bicycle frames market. Additionally, growth in global population, rise in the incidences of obesity and lifestyle diseases, increasing health consciousness among consumers and the high adoption of cycle during the COVID-19 pandemic as sport positively affects the bicycle frames market. Furthermore, high demand for customized bicycles, installment of various components and advanced materials with the purpose of achieve better stability and robustness while riding and the integration of hand-built steel, titanium, carbon, or alloy frames extends profitable opportunities to the bicycle frames market players in the forecast period of 2021 to 2028.

On the other hand, high cost associated with the customization and designing of bicycle frame are factors expected to obstruct the bicycle frames market growth. The negative impact of COVID-19 on the manufacturing industries is projected to challenge the bicycle frames market in the forecast period of 2021 to 2028.

This bicycle frames market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on bicycle frames market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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