In a recent research report by Maximize Market Research, the Global Bicycle Frames Market is expected to exceed US$ 66.12 billion by the year 2027, from US$ 20.70 billion in 2020.
The Aluminum segment held the highest market share of xx% in 2020 and is expected to reach US$ xx Bn by 2027.
An increase in production of new product launches, and an increase in demand for cost-effective products propel the Bicycle Frames Market. The industrial sector is expected to grow at a CAGR of 18.1 % during the forecast period. Other segments are covered in the report with an analysis of market size, share, country-wise import & export conditions.
The report published by Maximize encompasses the various market dynamics, which could affect the market growth of Global Bicycle Frames Market in the region.
The study is consolidated based on two major segments and further into sub-segments, By Material (Aluminum, Steel, Carbon fibre, Titanium), By Type (Mountain, Hybrid, Road, Others), By Distribution Channel (OEM, Aftermarket) to forecast the market size by value; also application includes the analysis of past market dynamics from 2016 to 2019, considering 2020 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players (Advanced International Multitech Co. Ltd., ADK Technology Limited, Cicli Pinarello SRL, Felt Racing, Dengfu Sports Equipment Co. Ltd., Giant Manufacturing Co Ltd., Ideal Bike Corporation, Quest Composite Technology Corporation, Specialized Bicycle Components, Inc., SCOTT Sports SA, Velocite Tech Co Ltd., TOPKEY CORPORATION, Felt Racing, Harison Cycles, SCOTT Sports SA) in the Bicycle Frames Market, across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Bicycle Frames Market”.
https://www.maximizemarketresearch.com/market-report/bicycle-frames-market/122414/
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