Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "Global Bicycle Carbon Frames Market by Type (Electric Bicycle, Hybrid Bicycle, Mountain Bicycle), Distribution Channel (Offline, Online), Application - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
With the ever-growing emphasis on sustainable transportation and fitness, the global bicycle carbon frames market is witnessing a significant upsurge, particularly within the electric and mountain bicycle sectors.
This new research publication analyzes and forecasts the market trends from 2024 to 2030. The latest findings indicate that the Bicycle Carbon Frames Market, which was valued at USD 4.95 billion in 2023, is anticipated to grow at a compound annual growth rate (CAGR) of 6.79%, reaching USD 7.85 billion by 2030.
Technological advancements, heightened consumer interest in cycling for leisure and competitive sports, and an increasing focus on carbon footprint reduction are the driving forces behind this growth.
The report segments the market by type:
- Electric Bicycle
- Hybrid Bicycle
- Mountain Bicycle
- Road Bicycle
Furthermore, distribution channels are categorized as offline and online, with detailed insights into their performance and consumer preferences.
Distribution Channel Dynamics
The application of bicycle carbon frames spans across diverse areas, including bicycle racing and touring. The report examines these applications meticulously, affording industry stakeholders a crystal clear view of the market landscape. In terms of geographic reach, the research covers multiple regions:
- Americas
- Asia-Pacific
- Europe, Middle East & Africa
Each region's market dynamics are scrutinized, presenting current trends and opportunities for market players.
Expert Analysis on Vendor Positioning:
Empowering market participants with the FPNV Positioning Matrix, the report offers a visual representation of the competitive landscape, categorizing vendors based on their strengths and strategic positioning. Companies are evaluated on their business strategy effectiveness and product satisfaction, vital for making informed business decisions. A market share analysis also forms a component of the research, offering an in-depth look at vendor performance and forecasting their future role in the market landscape.
Key Company Profiles from various regions, including high-growth markets like the United States, China, Germany, and emerging regions, provide a comprehensive overview of the leaders within this space, their recent developments, product offerings, and innovative milestones.
Comprehensive Market Insights
The report delivers value to its readers through:
- Insightful information on market penetration achieved by top players
- Analyzing markets ripe for development and the potential for growth in mature segments
- Exploring diversification possibilities through new product ventures and geographical expansion
- A thorough competitive assessment and intelligence gathering
- Understanding upcoming technological trends, R&D drives, and novel product introductions
The research addresses fundamental questions crucial to investors and market entrants alike, offering guidance on where to focus efforts and resources in the future.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 195 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $5.27 Billion |
| Forecasted Market Value (USD) by 2030 | $7.85 Billion |
| Compound Annual Growth Rate | 6.7% |
| Regions Covered | Global |
Market Segmentation & Coverage
This research report categorizes the Bicycle Carbon Frames Market to forecast the revenues and analyze trends in each of the following sub-markets:
Type
- Electric Bicycle
- Hybrid Bicycle
- Mountain Bicycle
- Road Bicycle
Distribution Channel
- Offline
- Online
Application
- Bicycle Racing
- Bicycle Touring
Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
Companies Profiled
- Alchemy Bikes
- Astro Tech Co., Ltd.
- Battaglin Italia SRLS
- Carbon Team
- Colnago Erneso E C. Srl
- Felt Bicycles by Pierer Industrie AG
- Fuji-ta Bicycle Co.,Ltd.
- Giant Bicycles
- ICAN Cycling
- JiangSu QYH Carbon Tech Co.,Ltd.
- Lightcarbon Composite Technology Co.,Ltd
- LOOK Cycle International
- Merida Industry Co., LTD.
- REIN4CED
- Rinasclta Bicycle Components
- Ritchey Design Inc.
- Specialized Bicycle Components, Inc.
- TOPKEY CORPORATION
- Trek Bicycle Corporation
- XDS Shenzhen Xidesheng Bicycles Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/85ajbz
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