Global Carbon Fiber Bike Sales Market Report 2023

SKU ID :QYR-23317519 | Published Date: 23-Mar-2023 | No. of pages: 150
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.

Market Analysis and Insights: Global Carbon Fiber Bike Market

Due to the COVID-19 pandemic, the global Carbon Fiber Bike market size is estimated to be worth US$ 2911 million in 2022 and is forecast to a readjusted size of US$ 3638.7 million by 2029 with a CAGR of 3.2% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Road Bikes accounting for % of the Carbon Fiber Bike global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Bicycle Racing segment is altered to an % CAGR throughout this forecast period.

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.

Global Carbon Fiber Bike Scope and Market Size

The global Carbon Fiber Bike market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Carbon Fiber Bike market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


Road Bikes

Mountain Bikes

Others


Segment by Application


Bicycle Racing

Bicycle Touring

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


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

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