Bicycle Frames Market Expected To Witness Continued Growth In The Following Years
According to a new market research report published by Credence Research “Bicycle Frames Market (By Material: Aluminum, Steel, Titanium, Carbon Fiber and Magnesium; By Types: Mountain Bikes, Road Bikes, Children’s Bikes, Folding Bikes and Others) - Growth, Future Prospects, Competitive Analysis and Forecast 2018 - 2026”, bicycle frames market is expected to grow at a CAGR of 5.1% during the forecast period from 2018 to 2026.
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Rising concerns pertaining to air pollution coupled with increasing health awareness among people across the world have led to the growing popularity of bicycles in the recent years. A significant portion of the population has been preferring usage of bicycles over other modes of transport for regular commute. In addition, rising demand for bicycles for various sports and recreational activities has further boosted the demand for bicycles. Numerous end users of bicycles have shown a growing interest in bicycle frames made from advanced material such as carbon fiber and titanium in order to achieve higher level of robustness and stability in riding. Furthermore, various bicycle enthusiasts have been working towards building their own customized bikes by procuring and installing individual components such as bicycle frames. With growing adoption of bicycles across the world, the demand for bicycle frames is expected to continue during the forecast period from 2018 to 2026.
The global bicycle frames market is fragmented in nature with numerous providers operating all across the world. However, major manufacturers of bicycle frames are concentrated in the Asia Pacific region leveraging lower labor and material costs in countries such as China, Taiwan and India, among others. These players cater to a large amount of demand from bicycle brands located in various parts of the world. North America and Europe are home to specialized manufacturers of bicycle frames which offer customized solutions to their end users. Some of the leading manufacturers of bicycle frames include ADK Technology Limited, Advanced International Multitech Co. Ltd., Cicli Pinarello SRL, Dengfu Sports Equipment Co. Ltd., Felt Racing, LLC, Giant Manufacturing Co Ltd., Ideal Bike Corporation, Kona Bikes, Pinion GmbH, Quest Composite Technology Corporation, SCOTT Sports SA, Specialized Bicycle Components, Inc., TOPKEY CORPORATION and Velocite Tech Co Ltd.
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- Increasing use of carbon fiber and titanium for manufacturing of bicycle frames
- Large concentration of bicycle frame manufacturers in the Asia Pacific region
- Increasing labor costs in developing countries coupled with rising trend of local production driving manufacturers back to North America and Europe regions
Table of content:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Bicycle Frames Market
2.2 Global Bicycle Frames Market, By Material
2.3 Global Bicycle Frames Market, By Type
2.4 Global Bicycle Frames Market, By Geography
Chapter 3 Market Dynamics
3.1 Product Insights and Market Overview
3.1.1 Global Bicycle Frames Market Value and Growth, 2016 – 2026, (US$ Mn) (Y-o-Y %)
3.2 Key Market Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.4.1 Impact Analysis of Drivers and Restraints
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies adopted by the Leading Players...
Chapter 10 Company Profiles
10.1 ADK Technology Limited
10.2 Advanced International Multitech Co. Ltd.
10.3 Cicli Pinarello SRL
10.4 Dengfu Sports Equipment Co. Ltd.
10.5 Felt Racing, LLC
10.6 Giant Manufacturing Co. Ltd.
10.7 Ideal Bike Corporation
10.8 Kona Bikes
10.9 Pinion GmbH
10.10 Quest Composite Technology Corporation
10.11 SCOTT Sports SA
10.12 Specialized Bicycle Components, Inc.
10.13 TOPKEY CORPORATION
10.14 Velocite Tech Co Ltd...
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