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Global Carbon Fiber Bike Sales Market Report 2023
SKU ID : QYR-23317519 | Publishing Date : 23-Mar-2023
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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
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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
