Bicycle Frame Trends and Forecast
The future of the global bicycle frame market looks promising with opportunities in the original equipment manufacturer (OEM) and aftermarket markets. The global bicycle frame market is expected to reach an estimated $33.2 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing popularity of sports like mountain biking and road bicycle racing, increasing interest in sports among consumers worldwide, along with the rising parking space shortages and traffic congestion, especially in urban areas.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Bicycle Frame by Segment
The study includes a forecast for the global bicycle frame by material, frame type, distribution channel, and region.
Bicycle Frame Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Aluminum
• Steel
• Carbon Fiber
• Titanium
• Others
Bicycle Frame Market by Frame Type [Shipment Analysis by Value from 2018 to 2030]:
• Mountain Bicycle
• Hybrid Bicycle
• Electric Bicycle
• Road Bicycle
• Others
Bicycle Frame Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
• Original Equipment Manufacturer (OEM)
• Aftermarket
Bicycle Frame Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Bicycle Frame Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bicycle frame companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bicycle frame companies profiled in this report include-
• ADK Technology
• Advanced International Multitech
• Topkey Corporation
• Dengfu Sports Equipment
• Ideal Bike Corporation
• Giant Manufacturing
• Cicli Pinarello
• Quest Composite Technology Corporation
• Specialized Bicycle Components
• Velocite Tech
Bicycle Frame Market Insights
Lucintel forecasts that aluminum will remain the largest segment over the forecast period because it makes a bicycle lightweight and increase durability.
Within this market, original equipment manufacturer (OEM) is expected to witness the higher growth.
APAC will remain the largest region over the forecast period due to rising trend of cycling for recreation, fitness, and environmentally friendly commuting has resulted in a substantial growth in the demand for bicycles.
Features of the Global Bicycle Frame Market
Market Size Estimates: Bicycle frame market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bicycle frame market size by material, frame type, distribution channel, and region in terms of value ($B).
Regional Analysis: Bicycle frame market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material, frame type, distribution channel, and regions for the bicycle frame market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bicycle frame market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the bicycle frame market size?
Answer: The global bicycle frame market is expected to reach an estimated $33.2 billion by 2030.
Q2. What is the growth forecast for bicycle frame market?
Answer: The global bicycle frame market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the bicycle frame market?
Answer: The major drivers for this market are growing popularity of sports like mountain biking and road bicycle racing, increasing interest in sports among consumers worldwide, along with the rising parking space shortages and traffic congestion, especially in urban areas.
Q4. What are the major segments for bicycle frame market?
Answer: The future of the global bicycle frame market looks promising with opportunities in the original equipment manufacturer (OEM) and aftermarket markets.
Q5. Who are the key bicycle frame market companies?
Answer: Some of the key bicycle frame companies are as follows:
• ADK Technology
• Advanced International Multitech
• Topkey Corporation
• Dengfu Sports Equipment
• Ideal Bike Corporation
• Giant Manufacturing
• Cicli Pinarello
• Quest Composite Technology Corporation
• Specialized Bicycle Components
• Velocite Tech
Q6. Which bicycle frame market segment will be the largest in future?
Answer: Lucintel forecasts that aluminum will remain the largest segment over the forecast period because it makes a bicycle lightweight and increase durability.
Q7. In bicycle frame market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising trend of cycling for recreation, fitness, and environmentally friendly commuting has resulted in a substantial growth in the demand for bicycles.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the bicycle frame market by material (aluminum, steel, carbon fiber, titanium, and others), frame type (mountain bicycle, hybrid bicycle, electric bicycle, road bicycle, and others), distribution channel (original equipment manufacturer (OEM) and aftermarket), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Bicycle Frame Market, Bicycle Frame Market Size, Bicycle Frame Market Growth, Bicycle Frame Market Analysis, Bicycle Frame Market Report, Bicycle Frame Market Share, Bicycle Frame Market Trends, Bicycle Frame Market Forecast, Bicycle Frame Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.