Global Carbon Fiber Bicycle Frame Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Carbon Fiber Bicycle Frame Industry Forecast” looks at past sales and reviews total world Carbon Fiber Bicycle Frame sales in 2022, providing a comprehensive analysis by region and market sector of projected Carbon Fiber Bicycle Frame sales for 2023 through 2029. With Carbon Fiber Bicycle Frame sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carbon Fiber Bicycle Frame industry.
This Insight Report provides a comprehensive analysis of the global Carbon Fiber Bicycle Frame landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Carbon Fiber Bicycle Frame portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Carbon Fiber Bicycle Frame market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carbon Fiber Bicycle Frame and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Carbon Fiber Bicycle Frame.
The global Carbon Fiber Bicycle Frame market size is projected to grow from US$ 571.5 million in 2022 to US$ 1281.7 million in 2029; it is expected to grow at a CAGR of 1281.7 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Carbon Fiber Bicycle Frame market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Road Bike Frame
Mountain Bike Frame
Cyclocross & Gravel Bike Frame
Folding Bike Frame
Others
Segmentation by application
Daily & Leisure Bicycle
Professional & Racing Bicycle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Carbon Fiber Bicycle Frame market?
What factors are driving Carbon Fiber Bicycle Frame market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Carbon Fiber Bicycle Frame market opportunities vary by end market size?
How does Carbon Fiber Bicycle Frame break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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