Adroit Market Research - Industry Insights
Global Bicycle Carbon Frames Market Size 2017 By Material (Full Carbon and Half Carbon), By Product Type (Mountain Bike, Road Bike, and Others), By Region And Forecast 2018 To 2025
Dec 2018
Total Pages: 70
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The global bicycle carbon frames market size was 1.1 million units in 2017 and is projected to show steady growth over the forecast period. Asia Pacific region is likely to show the fastest growth within the global bicycle carbon frames industry over the forecast period.
Global Bicycle Carbon Frames Market Size, 2013-2025 (Usd Billion)
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.
The frame of the bicycle is one of the key components while purchasing a bicycle. Bicycle frames play an important role in the performance of the bike as its influences weight balance of the vehicle. Traditionally, aluminum and steel were used for forming the bicycle frame. However, with the development of modern composites, materials such as carbon fiber and titanium were adopted. Carbon fiber is mainly used for making components such as bicycle frame and wheels. The carbon fiber material is known for its notable properties such as stiffness, lightweight, and high strength. Bicycle carbon frames have gained immense popularity and are now used across various types of bicycles frames so as to reduce the vehicle weight coupled with elevated performance.
After years of decline in demand for bicycles, primarily due to the growing influence of the automotive industry, bicycles are now again witnessing increased interest. Environmental factors such as a high degree of air pollution due to fuel emission are the key factor to supplement the growth of the global bicycle carbon frames market size. People are willingly shifting towards using bicycles as a mode of transport owing to environmental issues as well as health benefits. For instance, Denmark uses bicycles as their transportation mode which the highest number of users commuting via bicycles. The European Commission is also encouraging the use of bicycles by setting new regulations.
Bicycles are also widely used for recreational touring & sports, especially across North America and Europe. With increasing spending, especially across the middle-class population, the demand for bicycle carbon frames is projected to increase significantly over the forecast period. Thus, the aforementioned factors some of the key bicycle carbon frames market trend that is positively influencing the global bicycle carbon frame industry.
Global Bicycle Carbon Frames Market Size By Material Type, 2017 (%)
The global bicycle carbon frames industry is segmented on the basis of material and bicycle type. On the basis of material, full carbon and half carbon fiber are used, of which full carbon fiber frames are majorly adopted accounting for 91.8% of the revenues of the global bicycle carbon frames market. However, in China, half carbon fiber is also used to make the bicycle frame, which is relatively cheaper in cost. Owing to its characteristics, full carbon is projected to continue its dominance within the global bicycle carbon frames market share over the forecast period. On the basis of bicycle type, the market is categorized as mountain bikes and road bikes among others. Road bikes are projected to account for high bicycle frame market share coupled with growth at a healthy CAGR of 5.9% over the coming years.
At the regional level, the global bicycle carbon frames market is projected to be dominated by Europe. The region accounted for more than 35% of the global bicycle carbon frames market share owing to the presence of a large bicycle fleet and the predicted increased demand for bicycles for commutation. Asia Pacific also offers significant growth opportunities with a dynamic industry in China. The region is projected to grow at CAGR 6.4% over the forecast period.
The global bicycle carbon frames industry is a highly competitive marketplace with the presence of numerous vendors. Players such as CKT, Battaglin Cicli, Giant Manufacturing, Fuji Bikes, Ritchey Design are some of the global players in the market that account for the considerable amount of the global bicycle carbon frames market share. With rising competition, players are focused on creating strong product differentiation in order to increase their market presence.
Key segments of the global bicycle carbon frames industry
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
Regional Overview, 2015-2025 (USD Million) (Thousand Units)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Southeast Asia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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
Who should buy this report?
This study is suitable for industry participants and stakeholders in the bicycle carbon frame industry, who want an in-depth insight into the developments in the bicycle carbon frame industry. The report will benefit:
- Bicycle carbon frame manufacturers and related parts & component manufacturers, suppliers and independent consultants that are engaged in manufacturing or play a role in the supply chain
- Managers within financial institutions looking to publish recent and forecasted statistics pertaining to bicycle carbon frame industry
- Venture capitalist looking into investing capital in the industry
- Government organizations, regulatory bodies, policymakers and organizations looking for enhancing their policies and services pertaining to bicycle carbon frame industry and carbon fiber manufacturers as well
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies
The global bicycle carbon frames market size was 1.1 million units in 2017 and is projected to show steady growth over the forecast period. Asia Pacific region is likely to show the fastest growth within the global bicycle carbon frames industry over the forecast period.
Global Bicycle Carbon Frames Market Size, 2013-2025 (Usd Billion)
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.
The frame of the bicycle is one of the key components while purchasing a bicycle. Bicycle frames play an important role in the performance of the bike as its influences weight balance of the vehicle. Traditionally, aluminum and steel were used for forming the bicycle frame. However, with the development of modern composites, materials such as carbon fiber and titanium were adopted. Carbon fiber is mainly used for making components such as bicycle frame and wheels. The carbon fiber material is known for its notable properties such as stiffness, lightweight, and high strength. Bicycle carbon frames have gained immense popularity and are now used across various types of bicycles frames so as to reduce the vehicle weight coupled with elevated performance.
After years of decline in demand for bicycles, primarily due to the growing influence of the automotive industry, bicycles are now again witnessing increased interest. Environmental factors such as a high degree of air pollution due to fuel emission are the key factor to supplement the growth of the global bicycle carbon frames market size. People are willingly shifting towards using bicycles as a mode of transport owing to environmental issues as well as health benefits. For instance, Denmark uses bicycles as their transportation mode which the highest number of users commuting via bicycles. The European Commission is also encouraging the use of bicycles by setting new regulations.
Bicycles are also widely used for recreational touring & sports, especially across North America and Europe. With increasing spending, especially across the middle-class population, the demand for bicycle carbon frames is projected to increase significantly over the forecast period. Thus, the aforementioned factors some of the key bicycle carbon frames market trend that is positively influencing the global bicycle carbon frame industry.
Global Bicycle Carbon Frames Market Size By Material Type, 2017 (%)
The global bicycle carbon frames industry is segmented on the basis of material and bicycle type. On the basis of material, full carbon and half carbon fiber are used, of which full carbon fiber frames are majorly adopted accounting for 91.8% of the revenues of the global bicycle carbon frames market. However, in China, half carbon fiber is also used to make the bicycle frame, which is relatively cheaper in cost. Owing to its characteristics, full carbon is projected to continue its dominance within the global bicycle carbon frames market share over the forecast period. On the basis of bicycle type, the market is categorized as mountain bikes and road bikes among others. Road bikes are projected to account for high bicycle frame market share coupled with growth at a healthy CAGR of 5.9% over the coming years.
At the regional level, the global bicycle carbon frames market is projected to be dominated by Europe. The region accounted for more than 35% of the global bicycle carbon frames market share owing to the presence of a large bicycle fleet and the predicted increased demand for bicycles for commutation. Asia Pacific also offers significant growth opportunities with a dynamic industry in China. The region is projected to grow at CAGR 6.4% over the forecast period.
The global bicycle carbon frames industry is a highly competitive marketplace with the presence of numerous vendors. Players such as CKT, Battaglin Cicli, Giant Manufacturing, Fuji Bikes, Ritchey Design are some of the global players in the market that account for the considerable amount of the global bicycle carbon frames market share. With rising competition, players are focused on creating strong product differentiation in order to increase their market presence.
Key segments of the global bicycle carbon frames industry
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
Regional Overview, 2015-2025 (USD Million) (Thousand Units)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Southeast Asia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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
Who should buy this report?
This study is suitable for industry participants and stakeholders in the bicycle carbon frame industry, who want an in-depth insight into the developments in the bicycle carbon frame industry. The report will benefit:
- Bicycle carbon frame manufacturers and related parts & component manufacturers, suppliers and independent consultants that are engaged in manufacturing or play a role in the supply chain
- Managers within financial institutions looking to publish recent and forecasted statistics pertaining to bicycle carbon frame industry
- Venture capitalist looking into investing capital in the industry
- Government organizations, regulatory bodies, policymakers and organizations looking for enhancing their policies and services pertaining to bicycle carbon frame industry and carbon fiber manufacturers as well
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data sources
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. Market drivers
3.2.2. Market restraints
3.2.3. Market opportunities
3.3. Value chain analysis
3.4. Porter’s five forces’ analysis
3.5. PESTLE analysis
3.6. Price trend analysis
Chapter 4. Bicycle Carbon Frames Market Overview, By Material
4.1. Global bicycle carbon frames market share, by material, 2017 & 2025
4.2. Full carbon
4.2.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
4.3. Half carbon
4.3.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
Chapter 5. Bicycle Carbon Frames Market Overview, by Product Type
5.1. Global bicycle carbon frames market share, by product type, 2017 & 2025
5.2. Mountain bike
5.2.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
5.3. Road bike
5.3.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
5.4. Others
5.4.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
Chapter 6. Bicycle carbon frames Market Overview, By Region
6.1. Global bicycle carbon frames market share, by region, 2017 & 2025
6.1.1. North America
6.1.1.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.1.2. U.S.
6.1.1.2.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.1.3. Canada
6.1.1.3.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.1.4. Mexico
6.1.1.4.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.2. Europe
6.1.2.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.2.2. Germany
6.1.2.2.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.2.3. UK
6.1.2.3.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.2.4. France
6.1.2.4.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.2.5. Italy
6.1.2.5.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.2.6. Spain
6.1.2.6.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.2.7. Rest of Europe
6.1.2.7.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.3. Asia Pacific
6.1.3.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.3.2. China
6.1.3.2.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.3.3. India
6.1.3.3.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.3.4. Japan
6.1.3.4.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.3.5. Southeast Asia
6.1.3.5.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.3.6. Rest of Asia Pacific
6.1.3.6.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.4. South America
6.1.4.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.4.2. Brazil
6.1.4.2.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.4.3. Argentina
6.1.4.3.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.4.4. Rest of South America
6.1.4.4.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.5. Middle East and Africa (MEA)
6.1.5.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.5.2. Saudi Arabia
6.1.5.2.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.5.3. South Africa
6.1.5.3.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
6.1.5.4. Rest of MEA
6.1.5.4.1. Market size and projections, 2015 – 2025 (USD Million) (Thousand Units)
Chapter 7. Market Competition
7.1. Competitive environment, 2017
7.2. Strategic framework
7.3. List of vendors
Chapter 8. Company Profiles -Aircraft manufacturers
8.1. Battaglin Cicli
8.1.1. Company overview
8.1.2. Product offerings
8.1.3. Financial performance
8.1.4. Recent developments
8.2. CKT
8.2.1. Company overview
8.2.2. Product offerings
8.2.3. Financial performance
8.2.4. Recent developments
8.3. Giant Manufacturing (Giant)
8.3.1. Company overview
8.3.2. Product offerings
8.3.3. Financial performance
8.3.4. Recent developments
8.4. Fuji Bikes
8.4.1. Company overview
8.4.2. Product offerings
8.4.3. Financial performance
8.4.4. Recent developments
8.5. Ritchey Design
8.5.1. Company overview
8.5.2. Product offerings
8.5.3. Financial performance
8.5.4. Recent developments
8.6. Viner Settanta
8.6.1. Company overview
8.6.2. Product offerings
8.6.3. Financial performance
8.6.4. Recent developments
8.7. Pinarello
8.7.1. Company overview
8.7.2. Product offerings
8.7.3. Financial performance
8.7.4. Recent developments
8.8. Specialized Bicycle Components
8.8.1. Company overview
8.8.2. Product offerings
8.8.3. Financial performance
8.8.4. Recent developments
8.9. Trek
8.9.1. Company overview
8.9.2. Product offerings
8.9.3. Financial performance
8.9.4. Recent developments
8.10. Other notable players
8.10.1. Company overview
8.10.2. Product offerings
8.10.3. Financial performance
8.10.4. Recent developments