Bicycle Frames Market is anticipated to reach US$ 92.22 Bn by 2029 from US$ 28.77 Bn in 2022 at a CAGR of 18.1% during a forecast period.Bicycle Frames Market Overview
The fundamental construction of a bicycle is the bicycle frame, which provides the machine with its strength and stiffness. There are several frames on the market that are used to create various sorts of bicycles, including bicycles, road bicycles, mountain bicycles, children's bicycles, and folding bicycles, among others. The most popular forms of bicycle frames are diamond, step-through, and cantilever, which are made from a variety of materials such as aluminum, steel, titanium, carbon fiber, and magnesium.To know about the Research Methodology :- Request Free Sample ReportBicycle Frames Market Dynamics
People are becoming more concerned about the environment, which is driving them to adopt bicycles over other forms of transportation. People are considering bicycle traveling for short distances because of growing traffic congestion and a lack of parking space. Furthermore, some governments are increasing the infrastructure necessary to enable bicycle traveling, encouraging people to choose bicycles. This is expected to drive the bicycle frame market during the forecast period. As people become more aware of the health advantages of riding, more people are becoming interested in cycling as a sport and a mode of transportation, which is one of the key reasons driving the bicycle frame market. Bicycle frame sales are increasing with the increased demand for bicycles. Bicycle manufacturers obtain frames from a variety of original equipment manufacturers to construct the complete bicycle. Furthermore, end-users may now design their bicycle from the scrap thanks to the availability of a wide choice of customizable frames. As a result, customized frames have become extremely popular among a variety of leading cyclists.Bicycle Frames Market Segmentation Analysis
By Material, Aluminum frames segment accounted for 33% of the market share in 2022, and the segment is expected to grow at CAGR of xx% during the forecast period. Carbon fiber, on the other hand, has grown in popularity. This segment is expected to grow at the fastest rate throughout the forecast period due to its capacity to absorb stress while delivering great handling. It's also a lot lighter than steel, titanium, or aluminum, so it's ideal for a superlight road bike. By Type, The road bicycle segment accounted for 39.8% of the market in 2022. Mountain bikes, road bikes, and hybrid bikes all employ bicycle frames, which come in a range of forms and sizes. This is because the road bike is the simplest type of bicycle, requiring no complex equipment like a mountain or other types of bikes.Bicycle Frames Market Regional Insights
In 2022, Asia Pacific dominated the market, accounting for 32.6 percent of total revenue. One of the main reasons fueling the market's growth is India's growing young population. In addition, the growing popularity of different sports competitions such as road bicycle racing and mountain bike racing in countries like India, Sri Lanka, China and Pakistan is boosting the bicycle carbon frame market in Asia Pacific. North America is expected to hold a significant market share during the forecast period due to the high rate of adoption of innovative, and customized cycle frames in the region. In 2022, Europe has a market share of more than 20%. The expected growth in demand for bicycles for commuting, as well as the presence of a large bicycle fleet, is likely to boost regional market demand.Bicycle Frames Market Scope: Inquire before buying
Global Bicycle Frames Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 28.77 Bn. Forecast Period 2023 to 2029 CAGR: 18.1% Market Size in 2029: US $ 92.22 Bn. Segments Covered: by Material • Aluminium • Steel • Carbon fibre • Titanium by Type • Mountain • Hybrid • Road • Others by Distribution Channel • OEM • Aftermarket Bicycle Frames Market, by Region
• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)Bicycle Frames Market Key Players
• Cicli Pinarello SRL • Felt Racing • Giant Manufacturing Co Ltd. • Ideal Bike Corporation • Advanced International Multitech Co. Ltd. • ADK Technology Limited • Dengfu Sports Equipment Co. Ltd. • Quest Composite Technology Corporation • Specialized Bicycle Components, Inc. • SCOTT Sports SA • Velocite Tech Co Ltd. • TOPKEY CORPORATION • Felt Racing • Harison Cycles • SCOTT Sports SAFrequently Asked Questions
1. What is the projected market size & growth rate of Bicycle Frames Market? Ans-Bicycle Frames Market was valued at USD 28.77 Billion in 2022 and is projected to reach USD 92.22 Billion by 2029, growing at a CAGR of 6.2 % during the forecast period. 2. What is the key driving factor for the growth of Bicycle Frames Market? Ans- As people become more aware of the health advantages of riding, more people are becoming interested in cycling as a sport and a mode of transportation, which is one of the key reasons driving the bicycle frame market. 3. What segments are covered in Bicycle Frames Market? Ans-Bicycle Frames Market is segmented based on Material, Type, and Region. 4. What are the top players operative in Bicycle Frames Market? Ans- 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.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Bicycle Frames Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Bicycle Frames Market 3.4. Geographical Snapshot of the Bicycle Frames Market, By Manufacturer share 4. Bicycle Frames Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Bicycle Frames Market 5. Supply Side and Demand Side Indicators 6. Bicycle Frames Market Analysis and Forecast, 2022-2029 6.1. Bicycle Frames Market Size & Y-o-Y Growth Analysis. 7. Bicycle Frames Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 7.1.1. Aluminium 7.1.2. Steel 7.1.3. Carbon fibre 7.1.4. Titanium 7.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.2.1. Mountain 7.2.2. Hybrid 7.2.3. Road 7.2.4. Others 7.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 7.3.1. OEM 7.3.2. Aftermarket 8. Bicycle Frames Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Bicycle Frames Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 9.1.1. Aluminium 9.1.2. Steel 9.1.3. Carbon fibre 9.1.4. Titanium 9.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.2.1. Mountain 9.2.2. Hybrid 9.2.3. Road 9.2.4. Others 9.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 9.3.1. OEM 9.3.2. Aftermarket 10. North America Bicycle Frames Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Bicycle Frames Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 12. Canada Bicycle Frames Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 13. Mexico Bicycle Frames Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 14. Europe Bicycle Frames Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 15. Europe Bicycle Frames Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Bicycle Frames Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 17. France Bicycle Frames Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 18. Germany Bicycle Frames Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 19. Italy Bicycle Frames Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 20. Spain Bicycle Frames Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 21. Sweden Bicycle Frames Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 22. CIS Countries Bicycle Frames Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 23. Rest of Europe Bicycle Frames Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 24. Asia Pacific Bicycle Frames Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 25. Asia Pacific Bicycle Frames Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Bicycle Frames Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 27. India Bicycle Frames Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 28. Japan Bicycle Frames Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 29. South Korea Bicycle Frames Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 30. Australia Bicycle Frames Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 31. ASEAN Bicycle Frames Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 32. Rest of Asia Pacific Bicycle Frames Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 33. Middle East Africa Bicycle Frames Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 34. Middle East Africa Bicycle Frames Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Bicycle Frames Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 36. GCC Countries Bicycle Frames Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 37. Egypt Bicycle Frames Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 38. Nigeria Bicycle Frames Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 39. Rest of ME&A Bicycle Frames Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 40. South America Bicycle Frames Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 41. South America Bicycle Frames Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Bicycle Frames Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 43. Argentina Bicycle Frames Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 44. Rest of South America Bicycle Frames Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Material, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Bicycle Frames Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Felt Racing 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Advanced International Multitech Co. Ltd. 45.5. ADK Technology Limited 45.6. Cicli Pinarello SRL 45.7. Felt Racing 45.8. Dengfu Sports Equipment Co. Ltd. 45.9. Giant Manufacturing Co Ltd. 45.10. Ideal Bike Corporation 45.11. Quest Composite Technology Corporation 45.12. Specialized Bicycle Components, Inc. 45.13. SCOTT Sports SA 45.14. Velocite Tech Co Ltd. 45.15. TOPKEY CORPORATION 45.16. Felt Racing 45.17. Harison Cycles 45.18. SCOTT Sports SA 46. Primary Key Insights