Bicycle Frames Global Market Size, Share Report, Emerging Trends, Key Growth, Challenges and Forecast By 2033 | Cinelli Official, Fiend BMX, Pinion GmbH, Grimaldi Industri AB, SCOTT Sports SA

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Bicycle Frames Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The bicycle frames market size has grown rapidly in recent years. It will grow from $30.81 billion in 2023 to $34.62 billion in 2024 at a compound annual growth rate (CAGR) of 12.4%. The growth in the historic period can be attributed to material evolution, shift in frame design trends, influence of mountain biking, emergence of road racing, market shift towards lightweight frames.

The bicycle frames market size is expected to see rapid growth in the next few years. It will grow to $56.05 billion in 2028 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to innovations in frame geometry and aerodynamics, sustainability and environmental considerations, urban mobility solutions, integration of suspension and component. Major trends in the forecast period include carbon fiber dominance, innovative frame designs, rise in electric bicycles (e-bikes), material diversification, customization and personalization.

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Market Segmentation:
The bicycle frames market covered in this report is segmented -
1) By Type: Mountain, Hybrid, Road, Other Types
2) By Material: Aluminum, Steel, Carbon Fiber, Titanium, Other Materials
3) By Distribution Channel: Online, Offline

Major Driver - Surge In Bicycle Usage Propels Growth In The Bicycle Frames Market
The increase in use of bicycles is expected to propel the growth of the bicycle frames market going forward. Bicycles refer to a vehicle with two wheels in tandem, handlebars for steering, a saddle seat, and pedals by which it is propelled. The improvements in social infrastructure in developing countries have encouraged people to opt for cycling as a transportation medium. The increasing demand for bicycles also increases the demand for bicycle frames. For instance, in 2021, according to CBC News, a Canada-based news broadcast media has mentioned an increase in bicycles by 75%. Therefore, the increasing use of bicycles is driving the growth of the bicycle frames market.

Competitive Landscape:
Major companies operating in the bicycle frames market report are Harison International, Fiend BMX, Pinion GmbH, Grimaldi Industri AB, Giant Manufacturing Co. Ltd., PIERER Mobility AG, The Cannondale Bicycle Corporation, Ideal Bike Corporation, Trek Bicycle Corporation, SCOTT Sports SA, Advanced International Multitech Co. Ltd., Topkey Corporation, Tianjin Fuji-Ta Bicycle Co. Ltd., Worksman Cycles, Hutch BMX Bicycles, Strangerco, Specialized Bicycle Components Inc., Cicli Pinarello SRL, Merida Industry Co. Ltd., ADK Technology Limited, Cinelli Official, Kona Bicycle Company, S&M Bikes, Velocite Tech Co. Ltd., All-City Cycles, Quest Composite Technology Corporation, Dengfu Sports Equipment Co. Ltd., WeThePeople Bike Co., Fuji Bikes, Jiangsu QYH Carbon Tech Co.

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Top Trend - Fujitsu Limited And Teijin Limited Join Forces In Advancing Eco-Friendly Bicycle Frame Manufacturing
Major companies operating in the bicycle frames market are focusing on strategic collaboration, to provide reliable services to customers. Strategic collaboration refers to a mutually beneficial partnership between two or more independent entities who work together to achieve shared goals aligned with their individual strategic objectives. For instance, in January 2023, Fujitsu Limited, a Japan-based company partnered with Teijin Limited, a Japan-based Chemicals company. With this partnership, Fujitsu Limited, aims to provide joint trials with V Frames and Advanced Bikes to enhance the environmental value of recycled carbon fiber used in the manufacturing process of bicycle frames. It also reduces greenhouse gas (GHG) emissions in its production process by promoting the use of recycled materials.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Bicycle Frames Market Characteristics
3. Bicycle Frames Market Trends And Strategies
4. Bicycle Frames Market - Macro Economic Scenario
5. Bicycle Frames Market Size And Growth
…..
27. Bicycle Frames Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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