Global Carbon Fiber Bike Market Overview
Introduction
Carbon Fiber Bike Market are about 5–10 micrometers in diameter and composed mostly of carbon atoms. Carbon fiber has unique characteristics which includes high stiffness, high tensile strength, low weight, high chemical resistance, high temperature tolerance and low thermal expansion. These properties have made carbon fiber very popular in aerospace, civil engineering, military, and automotive industry, along with other competition sports. In automotive industry carbon fiber is specifically used for manufacturing bikes.
Growing demand of carbon fiber bike for racing purpose is expected to boost demand for the carbon fiber bike, and drives growth of the global market over the forecast period. In addition, growing awareness about fitness over sports cycles such as good workout for muscles, easy to ride, good for physical strength, tourism and other social campaigns is another factor propelling growth of the global market. Furthermore, an initiative by various governments towards fitness and rising social campaigns activities across the globe is also anticipated to boost growth of the global market over the forecast period. However, the high cost of carbon fiber bike is a major factor which may hamper demand and restrain growth of the carbon fiber bike market over the forecast period.
Carbon fiber bike market is segmented based on type, application, and region.
On the basis of type, the global market is segmented into road bikes and mountain bikes. The road bike type segment is expected to account for the highest growth in the global market, owing to increasing adoption of road bike for better efficacy for riding cycle. Based on application, the target market is bifurcated into bicycle racing and bicycle touring. The bicycle racing application segment contributes leading share in the global market, due to increasing adoption for bike racing as a sports and leisure activity. It also gives various benefits such as increasing physical strength, and weight loss
On the basis of region, the carbon fiber bike market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The global market in North America accounted for the highest revenue share in the global market owing to growing awareness about fitness over carbon fiber bikes in countries in the region. Europe is also contributing to the second highest share in the global market and expected to grow at a significant rate in the global market over the forecast period. The carbon fiber bike market in the Asia Pacific is expected to register a significant growth in terms of value and volume during the forecast period. Increasing adoption of carbon fiber bike for sports and leisure activities in countries such as Japan, India, Korea, and China in the region is also expected to boost the global market over the forecast period.
The key players operating in the carbon fiber bike market includes Trek Bicycle Corporation, Marmot Mountain LLC., Lianyungang Shenying Carbon Bike Corp Ltd, Trek Bicycle Corporation, DATENSCHUTZ- Berater, Giant Bicycle Inc., COLNAGO Ernesto & C.S.r.l., Merida Bicycle Co Ltd., Look Cycle International S.A, and XDS (Pty) Ltd.
Global Carbon Fiber Bike Market Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Market Segmentation, By Type, 2024 – 2034, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Road Bikes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Mountain Bikes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Market Segmentation, By Application, 2024 – 2034, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Segment Trends
- Bicycle Racing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Bicycle Touring
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2024 – 2034
- Overview
- Global Market, By Region, 2024 – 2034, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2024 — 2034
- Y-o-Y Growth Analysis (%), 2024 – 2034
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Country, 2024 – 2034
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Country, 2024 – 2034
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Country, 2024 – 2034
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Country, 2024 – 2034
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Application, 2024 – 2034
- Market Size and Forecast (US$ Mn), By Country, 2024 – 2034
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Trek Bicycle Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Marmot Mountain LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Lianyungang Shenying Carbon Bike Corp. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Felt Bicycles LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- DATENSCHUTZ- Berater
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Giant Bicycle, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Colnago Ernesto & C.S.r.l.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Merida Bicycle Co Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Look Cycle International S.A
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- XDS (Pty) Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Trek Bicycle Corporation
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The Carbon Fiber Bike Market is segmented into Type, Applications and Region.
Growing interest in cycling as a sport and recreational activity, demand for lightweight and high-performance bicycles, advancements in carbon fiber technology, and the trend towards eco-friendly transportation.
High manufacturing costs, potential concerns about durability, limited accessibility due to higher pricing, and competition from other materials like aluminum.
North America, Europe, Asia-Pacific, Latin America. Europe is expected to dominate due to a strong cycling culture and preference for premium bikes. North America and Asia-Pacific are also significant markets.
The key players operating the target market includes Trek Bicycle Corporation, Marmot Mountain LLC., Lianyungang Shenying Carbon Bike Corp Ltd, Trek Bicycle Corporation, DATENSCHUTZ- Berater, Giant Bicycle Inc., COLNAGO Ernesto & C.S.r.l., Merida Bicycle Co Ltd., Look Cycle International S.A, and XDS (Pty) Ltd.