Bicycle Carbon Frames Market Size to Grow by 5935.37 thousand units | Government Initiatives Promoting the Adoption of Bicycles will be a Key Trend | Technavio


This report segments the bicycle carbon frames market by application (manual bicycles and e-bikes) and geography (APAC, Europe, North America, South America, and MEA)

NEW YORK, June 9, 2022 /PRNewswire/ — Bicycle carbon frames are manufactured with carbon fiber material. These frames have properties such as high stiffness, low weight, and high strength. They reduce bicycle weight and increase performance, which has increased their popularity in the global bicycle market.


Technavio has announced its latest market research report titled Bicycle Carbon Frames Market by Application and Geography - Forecast and Analysis 2021-2025

 

The global bicycle carbon frames market size is expected to grow by 5935.37 thousand units from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 14.89% during the forecast period, according to Technavio’s latest market report.

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Bicycle Carbon Frames Market: Market Segmentation

By application, the manual bicycle segment will have significant market share growth during the forecast period. The demand for manual bicycles is high, as they are affordable and easy to use. In recent years, the adoption of carbon frames in the manual bicycles segment has increased owing to the rising demand for bicycles that are lightweight and durable.

By geography, APAC will account for the highest market share growth during the forecast period. The rising disposable income of major emerging economies such as India and China and the increasing youth population in India will drive the growth of the market in APAC during the forecast period. Moreover, market growth in this region will be faster than the growth of the market in Europe. China and Taiwan are the key countries for the bicycle carbon frames market in APAC.

Bicycle Carbon Frames Market: Major Growth Drivers and Trends

The increasing demand for premium bicycles is driving the market. Premium bicycles offer enhanced riding and safety features. Hence, their demand is increasing. They are made using advanced technologies and high-end materials, such as carbon fiber. The target customers of these bicycles include cycling enthusiasts, adventure seekers, and urban commuters. Developing countries such as China and India are witnessing high demand for premium bicycles owing to the increasing disposable incomes and rising demand for adventure cycling.

Government initiatives promoting the adoption of bicycles are the key trends in the market. Governments of several countries are promoting bicycles as an alternate means of transportation. For instance, there are designated lanes for bicycles in the Netherlands, Germany, and the UK. Such initiatives are leading to the growth of the market.

Gain more insights into the global trends impacting the future of the bicycle carbon frames market. Download a Sample Report Now!

Bicycle Carbon Frames Market: Key Vendor Offerings 
  • Advanced Sports Inc. – The company offers bicycle carbon frames such as Track Elite Frame, with C10 high modulus carbon, and RIB(Reinforced I-Beam) technology.
  • Battaglin Italia Srl – The company offers bicycle carbon frames such as Altair, Amarcord, and Casanova.
  • Cicli Pinarello Srl – The company offers bicycle carbon frames such as DOGMA F12 DISC and DOGMA F12 RIM.
  • Giant Manufacturing Co. Ltd. – The company offers bicycle carbon frames such as Propel Advanced SL Disc, TCR Advanced SL, and others.
  • Pending System GmbH & Co. KG – The company offers bicycle carbon frames such as Attain GTC SL, Attain SL, and others.
Reasons to Buy Bicycle Carbon Frames Market Report:
  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist bicycle carbon frames market growth during the next five years
  • Estimation of the bicycle carbon frames market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the bicycle carbon frames market across APAC, Europe, North America, South America, and MEA
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of bicycle carbon frames market vendors

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Bicycle Carbon Frames Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 14.89%

Market growth 2021-2025

5935.37 thousand units

Market structure

Fragmented

YoY growth (%)

13.13

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 42%

Key consumer countries

China, Taiwan, Germany, Italy, US, and Vietnam

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Advanced Sports Inc., Battaglin Italia Srl, Cicli Pinarello Srl, Giant Manufacturing Co. Ltd., Pending System GmbH & Co. KG, Planet X Ltd., Ritchey Design Inc., Specialized Bicycle Components Inc., Sunny Crown Enterprises Co. Ltd., and Tube Investments of India Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
  • 2.2 Market characteristics
    • Exhibit 02: Market characteristics
  • 2.3 Value chain analysis
    • Exhibit 03: Value chain analysis – Leisure products market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 – 2025
    • Exhibit 06: Global – Market size and forecast 2020 – 2025 (thousand units)
    • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 15: Application – Market share 2020-2025 (%)
  • 5.2 Comparison by Application
    • Exhibit 16: Comparison by Application
  • 5.3 Manual bicycles – Market size and forecast 2020-2025
    • Exhibit 17: Manual bicycles – Market size and forecast 2020-2025 (thousand units)
    • Exhibit 18: Manual bicycles – Year-over-year growth 2020-2025 (%)
  • 5.4 E-bikes – Market size and forecast 2020-2025
    • Exhibit 19: E-bikes – Market size and forecast 2020-2025 (thousand units)
    • Exhibit 20: E-bikes – Year-over-year growth 2020-2025 (%)
  • 5.5 Market opportunity by Application
    • Exhibit 21: Market opportunity by Application

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 23: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 24: Geographic comparison
  • 7.3 APAC – Market size and forecast 2020-2025
    • Exhibit 25: APAC – Market size and forecast 2020-2025 (thousand units)
    • Exhibit 26: APAC – Year-over-year growth 2020-2025 (%)
  • 7.4 Europe – Market size and forecast 2020-2025
    • Exhibit 27: Europe – Market size and forecast 2020-2025 (thousand units)
    • Exhibit 28: Europe – Year-over-year growth 2020-2025 (%)
  • 7.5 North America – Market size and forecast 2020-2025
    • Exhibit 29: North America – Market size and forecast 2020-2025 (thousand units)
    • Exhibit 30: North America – Year-over-year growth 2020-2025 (%)
  • 7.6 South America – Market size and forecast 2020-2025
    • Exhibit 31: South America – Market size and forecast 2020-2025 (thousand units)
    • Exhibit 32: South America – Year-over-year growth 2020-2025 (%)
  • 7.7 MEA – Market size and forecast 2020-2025
    • Exhibit 33: MEA – Market size and forecast 2020-2025 (thousand units)
    • Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 35: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 36: Market opportunity by geography (thousand units)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 37: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Competitive landscape
  • 9.2 Vendor landscape
    • Exhibit 38: Vendor landscape
  • 9.3 Landscape disruption
    • Exhibit 39: Landscape disruption
    • Exhibit 40: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 41: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 42: Market positioning of vendors
  • 10.3 Advanced Sports Inc.
    • Exhibit 43: Advanced Sports Inc. – Overview
    • Exhibit 44: Advanced Sports Inc. – Product and service
    • Exhibit 45: Advanced Sports Inc. – Key offerings
  • 10.4 Battaglin Italia Srl
    • Exhibit 46: Battaglin Italia Srl – Overview
    • Exhibit 47: Battaglin Italia Srl – Product and service
    • Exhibit 48: Battaglin Italia Srl – Key offerings
  • 10.5 Cicli Pinarello Srl
  • 10.6 Giant Manufacturing Co. Ltd.
    • Exhibit 52: Giant Manufacturing Co. Ltd. – Overview
    • Exhibit 53: Giant Manufacturing Co. Ltd. – Product and service
    • Exhibit 54: Giant Manufacturing Co. Ltd. – Key offerings
  • 10.7 Pending System GmbH & Co. KG
    • Exhibit 55: Pending System GmbH & Co. KG – Overview
    • Exhibit 56: Pending System GmbH & Co. KG – Product and service
    • Exhibit 57: Pending System GmbH & Co. KG – Key offerings
  • 10.8 Planet X Ltd.
    • Exhibit 58: Planet X Ltd. – Overview
    • Exhibit 59: Planet X Ltd. – Product and service
    • Exhibit 60: Planet X Ltd. – Key offerings
  • 10.9 Ritchey Design Inc.
    • Exhibit 61: Ritchey Design Inc. – Overview
    • Exhibit 62: Ritchey Design Inc. – Product and service
    • Exhibit 63: Ritchey Design Inc. – Key offerings
  • 10.10 Specialized Bicycle Components Inc.
    • Exhibit 64: Specialized Bicycle Components Inc. – Overview
    • Exhibit 65: Specialized Bicycle Components Inc. – Product and service
    • Exhibit 66: Specialized Bicycle Components Inc. – Key offerings
  • 10.11 Sunny Crown Enterprises Co. Ltd.
    • Exhibit 67: Sunny Crown Enterprises Co. Ltd. – Overview
    • Exhibit 68: Sunny Crown Enterprises Co. Ltd. – Product and service
    • Exhibit 69: Sunny Crown Enterprises Co. Ltd. – Key offerings
  • 10.12 Tube Investments of India Ltd.
    • Exhibit 70: Tube Investments of India Ltd. – Overview
    • Exhibit 71: Tube Investments of India Ltd. – Product and service
    • Exhibit 72: Tube Investments of India Ltd. – Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 73: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 74: Research Methodology
    • Exhibit 75: Validation techniques employed for market sizing
    • Exhibit 76: Information sources
  • 11.4 List of abbreviations
    • Exhibit 77: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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