Global Carbon Fiber Bike Market Growth 2023-2029
Carbon fiber bike mainly used in high-end racing bikes, the main types of bicycle are road bike, mountain bike, city bike and etc. and as a new material, carbon fiber is mainly used in the frame, fork, wheel set (carbon knife rims) and etc.
Carbon fiber composite is an increasingly popular non-metallic material commonly used for bicycle frames. Although expensive, it is light-weight, corrosion-resistant and strong, and can be formed into almost any shape desired. The result is a frame that can be fine-tuned for specific strength where it is needed (to withstand pedaling forces), while allowing flexibility in other frame sections.
LPI (LP Information)' newest research report, the “Carbon Fiber Bike Industry Forecast” looks at past sales and reviews total world Carbon Fiber Bike sales in 2022, providing a comprehensive analysis by region and market sector of projected Carbon Fiber Bike sales for 2023 through 2029. With Carbon Fiber Bike sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Carbon Fiber Bike industry.
This Insight Report provides a comprehensive analysis of the global Carbon Fiber Bike 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 Bike portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Carbon Fiber Bike market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Carbon Fiber Bike 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 Bike.
The global Carbon Fiber Bike market size is projected to grow from US$ 2847.7 million in 2022 to US$ 3579.1 million in 2029; it is expected to grow at a CAGR of 3579.1 from 2023 to 2029.
China and China Taiwan are the manufacturing centers for carbon fiber bike. For the product types of carbon fiber bike, road bikes occupy the largest market share (50%), followed by mountain bikes (42%).
Market competition is fierce. The market concentration is relatively high. Leading 13 suppliers, including Giant Bicycle, Merida Bike, Battle-FSD, Trek Bike and XDS, occupy about 77% of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of Carbon Fiber Bike market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Road Bikes
Mountain Bikes
Others
Segmentation by application
Bicycle Racing
Bicycle Touring
Others
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.
Giant Bicycle
Merida Bike
Battle-FSD
Trek Bike
XDS
Shen Ying Biking
Look Cycle
Marmot Bike
Cube Bike
Colnago
SOLOMO
Kestrel Bicycles
Storck Bicycle
Tyrell Bicycle
De Rosa
DAHON
Pinarello
Canyon
Felt Cycles
Ellsworth Bike
Key Questions Addressed in this Report
What is the 10-year outlook for the global Carbon Fiber Bike market?
What factors are driving Carbon Fiber Bike market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Carbon Fiber Bike market opportunities vary by end market size?
How does Carbon Fiber Bike 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook