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Bicycle Frames Market

Bicycle Frames - Global Market Outlook (2019 -2027)

4.9 (35 reviews)
Published: November 2020 ID: SMRC20103
4.9 (35 reviews)
Published: November 2020 ID: SMRC20103

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Bicycle Frames Market is accounted for $20.60 billion in 2019 and is expected to reach $35.66 billion by 2027 growing at a CAGR of 7.1% during the forecast period. Rising environmental concerns, rising traffic congestion and shortage of parking space, especially in metropolitan cities are the major factors propelling the market growth. However, cost associated with customization is hampering the market growth.

Bicycle Frames

A bicycle frame forms the basic structure of a bicycle. It has the functionality to provide safety and design to the bicycle. Traditional usage of steel as a material for bicycle frames has continued over centuries. Although there have been such oddities as bamboo and plastic frames over the years, current bicycle frames are made of one or more of these four materials: steel, aluminum, titanium and, carbon fiber.

Based on the distribution channel, the online segment is going to have a lucrative growth during the forecast period due to the factors including smooth shopping experience and ease of payment. Moreover, these distribution channels are gaining significant popularity among the working population ascribed to the accessibility the online stores offer over the offline channels. Key players also sell products through their own online portals to directly connect with the consumers, which enables them to understand their requirements and feedback.

By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the increasing popularity of sporting activities such as mountain biking, road cycle touring, etc. The region is expected to maintain its dominance. The predicted rise in demand for bicycles for commutation and the presence of large bicycle fleet is further expected to drive the regional product demand in the forthcoming years.

Some of the key players profiled in the Bicycle Frames Market include 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, Pinion GmbH, Specialized Bicycle Components, Inc, SCOTT Sports SA, Velocite Tech Co Ltd, and TOPKEY CORPORATION.

Materials Covered:
• Alloy
• Aluminum
• Carbon Fiber
• Composite
• Magnesium
• Scandium
• Steel
• Titanium

Types Covered:
• Bicycle Motocross (BMX) Bike
• Children's Bike
• Cyclocross & Gravel Bike
• Folding Bikes
• Hybrid Bicycle
• Mountain Bike
• Road Bike

Distribution Channels Covered:
• Offline
• Online

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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