Market Research Logo

Global Bicycle Carbon Frames Market 2017-2021

Global Bicycle Carbon Frames Market 2017-2021

About Bicycle Carbon Frames

Cycling is a healthy, environment-friendly, and inexpensive method for inter-city mobility. Bicycles are gaining popularity due to the increasing support from the government and rising consumer preference for environment-friendly modes of mobility. Unlike other modes of transport, bicycles do not emit toxic substances. The increasing number of health-conscious customers who perceive bicycles as a mode of mobility and fitness, rising environmental concerns, government policies that promote cycling, and the increase in traffic congestions drive the demand for bicycles. Bicycles are an ideal solution to the crisis of depleting resources.

Technavio’s analysts forecast the global bicycle carbon frames market to grow at a CAGR of 27.10% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global bicycle carbon frames market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Bicycle Carbon Frames Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Battaglin Cicli
  • CKT
  • Giant Manufacturing (Giant)
  • Fuji Bikes
  • Ritchey Design
Other prominent vendors
  • Viner Settanta
  • Pinarello
  • nüd Bicycles
  • Specialized Bicycle Components
  • TI Cycles (TI)
Market driver
  • Declining price of production of carbon fibers.
  • For a full, detailed list, view our report
Market challenge
  • Oligopolistic nature of carbon fibers market.
  • For a full, detailed list, view our report
Market trend
  • Emergence of handmade carbon frames.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Bicycle Carbon Frames Market 2017-2021

Technavio recognizes the following companies as the key players in the global bicycle carbon frames market: Battaglin Cicli, CKT, Giant Manufacturing (Giant), Fuji Bikes, and Ritchey Design.

Other Prominent Vendors in the market are: Viner Settanta, Pinarello, nüd Bicycles, Specialized Bicycle Components, and TI Cycles (TI).

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is emergence of handmade carbon frames. In small steps, the entire frame layup is done by a single person while in bigger units, a specific layup is set for a specific portion of the frame. It is then passed to the next person in the production line to layup the other parts and is then placed in the final mold for curing. The post-cure processes, such as cleaning and painting, also need manual supervision.”

According to the report, one driver in market is declining price of production of carbon fibers. Earlier, the large-scale production of carbon fibers was challenging, which led to the high price of these materials. However, the advancements in technology have led to a prototype injection molding for continuous fiber. Continuous fiber-reinforced composite structures are saturated with a very low viscose plastics matrix. Monomers get polymerized as these have short molecular chain and low viscosity. This helps in increasing the viscosity of the reactive plastic matrix. The displacement of the structural form leads to the wetting down of the fiber structure. This process helps in making fiberglass-reinforced polyamide that is useful in making carbon frames. The innovative production methods and improved technologies lead to a decline in the price of carbon fibers. Carbon composites are increasingly becoming efficient and cost effective due to the improving technologies used to process such materials.

Further, the report states that one challenges in market is high cost of carbon fibers. The rising prices of raw materials, such as resins and carbon fibers, have increased the procurement costs for vendors. The average price of carbon fibers is around 40-$50 per pound. A part of the increased procurement costs is absorbed by the vendors of carbon fibers. The majority of the high procurement cost is borne by customers (by paying high prices). Hence, this is foreseen to be a challenge in the future. The increasing production of these products (by volume) which reduces production costs, thereby lowering product prices can adversely affect the global bicycle carbon frames market. Technological advances have enabled the use of automated production processes for the production of carbon fibers. However, manual processes dominate the market which increase the costs of the products, thereby hindering the adoption of carbon fibers.

Companies Mentioned

Battaglin Cicli, CKT, Giant Manufacturing (Giant), Fuji Bikes, Ritchey Design, Viner Settanta, Pinarello, nüd Bicycles, Specialized Bicycle Components, and TI Cycles (TI).

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Overview of carbon fibers
      • Table Modulus classifications of carbon fibers
    • Types of carbon fibers used in bicycles
      • Table Types of carbon fibers used in bicycles
    • Overview of bicycles carbon frame
    • Production process
    • Disadvantage of carbon fibers
    • Substitutes and comparison
      • Table Comparison of glass, aramid, and carbon fibers
      • Table Carbon fiber manufacturing value chain
  • Market landscape
    • Market overview
      • Table Segmentation of global bicycle carbon frame market
    • Market size and forecast
      • Table Global bicycle carbon frames market 2016-2021 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Table Geographical segmentation of global bicycle carbon frames market 2016 (% share)
    • Table Geographical segmentation of global bicycle carbon frames market 2021 (% share)
    • Table Unit shipment in global bicycle carbon frames market 2016-2021 (millions of units)
    • North America
      • Table Bicycle carbon frames market in North America 2016-2021 (millions of units)
    • Europe
      • Table Bicycle carbon frames market in Europe 2016-2021 (millions of units)
    • APAC
      • Table Bicycle carbon frames market in APAC in 2016-2021 (millions of units)
    • ROW
      • Table Bicycle carbon frames market in ROW 2016-2021 (millions of units)
  • Decision Framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Emergence of handmade carbon frames
    • Growth in online sales of bicycles
    • Emergence of connected carbon fiber bicycles
  • Vendor landscape
    • Competitive scenario
      • Table Competitive benchmarking of bicycle carbon frames market
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Battaglin Cicli
    • CKT
      • Table CKT: Product portfolio
    • Giant Manufacturing (Giant)
      • Table Giant Manufacturing (Giant): Product categories
      • Table Giant Manufacturing (Giant): Key offerings
    • Fuji Bikes
      • Table Fuji Bikes: Product portfolio
    • Ritchey Design
      • Table Ritchey Design: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report