Global Bicycle Frames Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Growth Forecast To 2029

                                          
Global Bicycle Frames Market 2021: By Material (Aluminum, Steel, Carbon Fiber, Titanium, Others), By Type (Mountain, Hybrid, Road, Others), By Distribution Channel (Online, Offline)

The Global Bicycle Frames market size was valued at USD $20.48 Billion in 2020, USD $21.51 Billion in 2021, forecasted to reach  USD $22.58 Billion in 2022, and is projected to reach USD $33.35 Billion by 2030, and is anticipated to expand at a CAGR of 5% over the forecast period from 2020 to 2030.

Global Bicycle Frames Market is the title of an upcoming report offered by Trusted Business Insights. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global bicycle frames market has been segmented on the basis of material, type, distribution channel, as well as regions and countries.Request Covid - 19 Impact

Overview:

A bicycle frame is the main component of a bicycle, onto which wheels and other components are fitted. The most common design is based on bicycle safety and consists of two frames.

Dynamics:

The increasing adoption of sports and recreational activities by individuals and a steady inclination towards bicycling as a form of exercise to ensure a healthy lifestyle are primary factors that are expected to fuel future revenue growth of the global bicycle frames market. Rising concerns regarding the environment and the release of greenhouse emissions has led to an increase in the number of individuals opting to regularly use eco-friendly modes of transportation such as bicycles, electric vehicles, etc. Other factors include the lack of sufficient parking spaces and the rising traffic congestion.

Several initiatives by government and private organizations to promote healthier, eco-friendly living is raising awareness, and in turn, contributing to product sales and subsequent future revenue growth of the global bicycle frame market.

Segmentation of the global bicycle frames market is as follows:

In terms of material, the aluminum segment accounted for the majority revenue shares of the global bicycle frames market in 2019. However, the carbon fiber segment has been gaining popularity in recent years and is expected to register the fastest rate of revenue growth in the coming years.

On the basis of type, the road bicycle segment accounted for the highest number of revenue shares of the global market in 2019, and is slated to continue to do so over the next 10 years.
With respect to distribution channels, the offline distribution channel segment accounted for the highest number of revenue shares of the global market. However, the online distribution channel

Regional Segmentation and Analysis:

The APAC accounted for the majority revenue shares of the global bicycle frames market owing to the increasing popularity of sporting activities such as mountain biking, road cycle touring, etc. The markets in Europe and North America are expected to continue to register a steady rate of growth in the years to comes as well.

Below are the active patents related to Bicycle Frames Market.

Patent Number: EP3144403A1

Aluminium alloy composition

Abstract

Novel aluminum alloys are provided for use in an impact extrusion manufacturing process to create shaped containers and other articles of manufacture. In one embodiment blends of recycled scrap aluminum are used in conjunction with relatively pure aluminum to create novel compositions which may be formed and shaped in an environmentally friendly process. Other embodiments include methods for manufacturing a slug material comprising recycled aluminum for use in the impact extraction process.

Type: Grant

Filed: 2012-09-14

Date of Patent: 2017-03-22

Assignee : Ball Corp

Below are the leading companies profiled in this Bicycle Frames Market Report:

  
ADK TECHNOLOGY CO., LTD
  
Advanced International Multitech Co. Ltd.
  
Cicli Pinarello SRL
  
Dengfu Sports Equipment Co. Ltd.
  
Felt Racing
  
Giant Manufacturing Co Ltd.
  
Ideal Bike Corporation
  
Quest Composite Technology Corporation
  
SCOTT Sports SA
  
Specialized Bicycle Components, Inc.
  
TOPKEY CORPORATION
  
Velocite Tech Co Ltd.

Global Bicycle Frames Market:

By Material

  
Aluminum
  
Steel
  
Carbon Fiber
  
Titanium
  
Others

By Type

  
Mountain
  
Hybrid
  
Road
  
Others

By Distribution Channel

  
Online
  
Offline
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the Bicycle Frames market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Bicycle Frames market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Bicycle Frames market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this Bicycle Frames market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the Bicycle Frames market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in Bicycle Frames market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Bicycle Frames industry?