Global Bicycle Carbon Wheel Market 2024-2028
The bicycle carbon wheel market is forecasted to grow by USD 1936.19 mn during 2023-2028, accelerating at a CAGR of 26.63% during the forecast period. The report on the bicycle carbon wheel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of bicycle sports events, benefits associated with carbon wheels, and government policies and initiatives promoting bicycles.
Technavio's bicycle carbon wheel market is segmented as below:By ApplicationOn-road and track performance
Off-road bicycle or mountain performance
X-road and hybrid bicycles performance
By Distribution ChannelOffline
Online
By GeographyAPAC
Europe
North America
South America
Middle East and Africa
This study identifies the increasing popularity of bicycle rental services as one of the prime reasons driving the bicycle carbon wheel market growth during the next few years. Also, rise of deep-rim aerodynamic carbon wheels and emergence of electronic bicycles will lead to sizable demand in the market.
The report on the bicycle carbon wheel market covers the following areas:Bicycle carbon wheel market sizing
Bicycle carbon wheel market forecast
Bicycle carbon wheel market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bicycle carbon wheel market vendors that include Alexrims, BOYD cycling, Campagnolo Srl, DT Swiss, Easton Cycling, Enve Composites, FFWD Wheels, Fulcrum Wheels s.r.l., Giant Manufacturing Co. Ltd., Hayes Performance Systems Inc., HED Cycling Products Inc., MAVIC Group, Prime Bike Components, Pro lite International Ltd., Profile Design, Santa Cruz Bicycles LLC, SHIMANO INC., SRAM LLC, Trek Bicycle Corp., and Hunt Bike Wheels.. Also, the bicycle carbon wheel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.