The global carbon fiber bicycle frame market is expected to grow at an exponential CAGR in the years to come. Carbon Fiber composite is a non-metallic material that is extensively employed in the production of bicycle frames. The most striking aspects that are associated with it may include resistance towards corrosion, robustness, and lightweight nature. Moreover, the matter can be bent into any required shape or form.
The frame that is produced with the help of this material can be modified for a particular desired strength enabling the flexibility in various other frame sections. The only aspect that affects its utilization is its costly nature. The most extensive use of carbon fiber bike has been observed in high-end racing bikes. Carbon fiber also plays a vital role in the manufacturing of fork, wheel sets, frames, and carbon knife rims. The product is gaining huge popularity across the globe due to its rising applications.
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The key factors that are responsible for boosting up the market growth may include rise in industrialization, rising applications, constant innovations and introductions, burgeoning demands, mounting preferences and interests for various sports bikes, involvement of population in various adventurous activities, rising prerequisites for carbon frames owing to the robustness aspect and augmented employment of the product in the production of different terrain cycles.
Global Carbon Fiber Bicycle Frame Market is segmented on the basis of type as Mountain Bikes, Road Bikes, City Bikes, and others. It has been anticipated that the Carbon Fiber Bicycle Frame Market will witness a huge upsurge in the next couple of years due to rising applications and scope across the globe. Carbon Fiber Bicycle Frame Market is classified by application as Bicycle Touring, Bicycle Racing, and others. Carbon Fiber Bicycle Frame Market is segregated by geography as North America, Southeast Asia, China, Europe, Japan, and India.
Among all the geographical regions, currently North America is accounting for the largest share in the market and it is estimated that the region will go on dominating the market with the same pace, owing to augmented technological developments, rising popularity of cycling, involvement of cycles as a recreational sport, growing recognition of mountain cycling and road racing, rising prerequisites of fast bikes, augmented awareness among the end users, rising inclinations, and mounting investments by the leading manufacturers.
In contrast, Europe and Asia Pacific are also gradually showing a robust growth in the market due to emergence of huge number of leading manufacturers in these regions. The key players operating in the Carbon Fiber Bicycle Frame Market are recognized as Ritchey Design, Viner Settanta, Battaglin Cicli, CKT, Giant Manufacturing (Giant), Fuji Bikes, Specialized Bicycle Components, TI Cycles (TI), Pinarello, and nüd Bicycles.
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Market Segments:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Carbon Fiber Bicycle Frame in these regions, from 2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
Global Carbon Fiber Bicycle Frame market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• Bianchi
• Fuji
• Ibis
• Kona
• Niner
• Pinarello
• Pivot
• Ridley
• Ritchey
• Santa Cruz
• Wilier
• Yeti
• Argon
• Giant
• Basso
• Bridgestone
• Orbea
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Regular Bicycle Frame
• Mountain Bicycle Frame
• Racing Bicycle Frame
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Carbon Fiber Bicycle Frame for each application, including
• Bicycle Specialty Store
• Sports Shop
• Online Sales
Related Reports of This Category Available at Million Insights: https://www.millioninsights.com/industry/automotive-and-parts
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