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(Transportation-News.com, September 16, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Bicycle Carbon Frames market for 2018-2023.
The frame that is produced with the help of this material can be modified for a particular desired strength enabling the flexibility in various other frame sections. The only aspect that affects its utilization is its costly nature. The most extensive use of carbon fiber bike has been observed in high-end racing bikes. Carbon fiber also plays a vital role in the manufacturing of fork, wheel sets, frames, and carbon knife rims. The product is gaining huge popularity across the globe due to its rising applications.
Increasing shift toward bicycles due to the volatile fuel prices is one of the key growth factors of the global bicycle carbon frames market. Owing to the technological advances, cycles are equipped with gears to adjust speeds according to the ranges such as mountainous, overpass, and rough roads. Also, the health benefits associated with cycling also stimulate the sales of bicycles. This increase in demand for bicycles will consequently fuel the growth of the bicycle carbon frames market. One driver in market is declining price of production of carbon fibers. Earlier, the large-scale production of carbon fibers was challenging, which led to the high price of these materials. Among all the geographical regions, North America is accounting for the largest share in the market and it is estimated that the region will go on dominating the market with the same pace, owing to augmented technological developments, rising popularity of cycling.
Over the next five years, this report projects that Bicycle Carbon Frames will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Bicycle Carbon Frames market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Mountain Bikes
Road Bikes
City Bikes
Others
Segmentation by application:
Online Sales
Offline Sales
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Battaglin Cicli
CKT
Giant Manufacturing (Giant)
Fuji Bikes
Ritchey Design
Pinarello
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Bicycle Carbon Frames consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Bicycle Carbon Frames market by identifying its various subsegments.
Focuses on the key global Bicycle Carbon Frames manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Bicycle Carbon Frames with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Bicycle Carbon Frames submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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