Global Bicycle Carbon Frames Market report provides the statistical data trends are also analyzed using Porter’s Five Forces analysis and PESTEL analysis across the world. This report offers the detailed view of the several sections such as product portfolios, segmental analysis, geographical analysis, followed by in-depth information about the bicycle carbon market major vendors and their strategies about takeovers and alliances.
Bicycles, traditionally used as a mode of transportation are now being increasingly used for the recreational and sporting purpose. Bicycles such as mountain bikes are available in different variants in order to suit consumer demand. Another major factor in the growth of the global bicycle industry is soaring fuel prices coupled with increased traffic congestion as well as pollution.
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Global Bicycle Carbon Frames Market is segmented on the basis of bicycle tape and material. Based on bicycle tape, this market is sub-segmented into road bikes and mountain bikes among others. By material, the market is classified into half carbon and full carbon. Among these, full carbon frames are highly adopted accounting for 6.7% of the market share. Though, in China region, half carbon fiber is highly used to make bicycle frame, and it is relatively very cost-effective. Due to its features, the full carbon segment is projected to endure its dominance within market share into coming years.
In terms of geography, the global bicycle carbon frames market is sub-segmented into Europe, North America, MEA, and South America. Among these, the market expected to be dominated by the Europe. This region is accounted for around 35% of the market share due to existence of the large bicycle fleet and forecast huge demand for bicycles for commutation.
With the impact of the automobile industry, bicycle demand has declined over the past few years, raising interest in bicycles again. Environmental factors, such as air pollution from fuel emissions, are key factors that complement the growth of the global bicycle carbon frame market. People want to move their bicycles to transportation because of environmental problems as well as health problems. The bicycle carbon frames industry is a highly competitive market with the presence of a large number of local and regional players. Some of the key players are CKT, Battaglin Cicli, Giant Manufacturing, Fuji Bikes, Ritchey Design.
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Changing retail landscape is one of the major developments witnessed in the global bicycle carbon frames market trends. Increasing online sales of bicycle carbon frames have led to growth in the overall sales owing to ease of choice for better frames. Local vendors are also making their product available online so as to increase their customer reach. Improving design techniques which further increases durability and flexibility are some of the crucial trends to drive the market.
Key segments of the Global Bicycle Carbon Frames Market
Material Overview• Full carbon• Half carbon
Product Type Overview• Mountain Bike• Road Bike• Others
By geography Overview• North America• Europe• Asia Pacific• South America• 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.
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About US:
Adroit Market Research is an India-based business analytics and consulting company. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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