Global Carbon Fiber Bicycle Frame Market Research Report 2022

A bicycle frame forms the basic structure of a bicycle. It provides safety and a distinct shape to the bicycle. Traditional usage of steel as a material for bicycle frames has been continuing the last few hundred years. Since carbon fiber essentially took over the performance cycling world nearly two decades ago, the bike industry has continued to crank out ever-lighter, stiffer, and more impressive designs that were impossible to make in metal.
Market Analysis and Insights: Global Carbon Fiber Bicycle Frame Market
Due to the COVID-19 pandemic, the global Carbon Fiber Bicycle Frame market size is estimated to be worth US$ 658.7 million in 2022 and is forecast to a readjusted size of US$ 1285.6 million by 2028 with a CAGR of 11.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Road Bike Frame accounting for % of the Carbon Fiber Bicycle Frame global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Daily & Leisure Bicycle segment is altered to an % CAGR throughout this forecast period.
Top 3 manufacturers in global market of carbon fiber bicycle frame are Topkey, Carbotec Industrial, Jiangsu QYH Carbon Tech. These 3 companies account for over 40% of global market share. Geographically speaking, Asia-Pacific is the largest market and covers about 50% global sales value, followed by Europe with about 25% share. In terms of type, road bike frame holds an important share of about 50%, followed by mountain bike frame with a share of over 30%. In terms of application, daily and leisure bicycle is the dominant product, accounting for over 70% of total market share.
Global Carbon Fiber Bicycle Frame Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Carbon Fiber Bicycle Frame Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Road Bike Frame
Mountain Bike Frame
Cyclocross & Gravel Bike Frame
Folding Bike Frame
Others
Segment by Application
Daily & Leisure Bicycle
Professional & Racing Bicycle
By Company
Topkey
Giant Manufacturing
Carbotec Industrial
Astro Tech
Ten Tech Composite
Advanced International Multitech
Apro Tech
Quest Composite Technology
YMA
Velocite Tech
ICAN Sport
Jiangsu QYH Carbon Tech
Woei Fong Machinery Works
Trigon
Shenzhen Xidesheng Bicycles
Production by Region
China
China Taiwan
Southeast Asia
Europe
North America
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina