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Global Bicycle Carbon Wheel Market 2017-2021

Global Bicycle Carbon Wheel Market 2017-2021

About Bicycle Carbon Wheel

The bicycle is one of the major modes of transportation. There are two aspects to the bicycle market, necessity and professional cycling. The necessities are in terms of cost, environment, health, and many other benefits when it comes to travel. The factor which has mostly driven the market in the recent times is the last mile connectivity to reach the destination. Bicycle wheel is a sleek ring supported by wired spokes, which is expected to run smoothly and efficiently while offering least resistance. As the bicycle is driven by humans, the energy that can be used for running a bicycle wheel is limited. Therefore, the components of the bicycle must be designed to enhance riding efficiency.

Technavio’s analysts forecast the global bicycle carbon wheel market to grow at a CAGR of 26.65% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global bicycle carbon wheel market for 2017-2021. To calculate the market size, the report considers the stock fitment on performance cycling, cycling championship riders, manufacturer product portfolios.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Bicycle Carbon Wheel 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
  • Giant Bicycles
  • Mavic
  • Zelvy
  • Zipp Speed Weaponry
Other prominent vendors
  • Fulcrum Wheels
  • Pro-lite
  • Reynolds Cycling
  • XeNTiS
  • YoeleoBike.com
Market driver
  • Technological advancement has led to price drop of 50% over last decade
  • For a full, detailed list, view our report
Market challenge
  • High cost of bicycle carbon wheels
  • For a full, detailed list, view our report
Market trend
  • Ride sense, axle system, and disc braking technology for drive assist
  • 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?


Press Release

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

Technavio recognizes the following companies as the key players in the global bicycle carbon wheel market: Giant Bicycles, Mavic, Zelvy, and Zipp Speed Weaponry

Other Prominent Vendors in the market are: Fulcrum Wheels, Pro-lite, Reynolds Cycling, XeNTiS, and YoeleoBike.com.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Ride sense, axle system, and disc braking technology for drive assist. Giant Bicycle's high-performance bicycles are equipped with a ride sensing technology fixed on the pedal wheel chain. It senses the wheel speed and passes the information to the ANT+ compatible computer. This is called Giant's chain stay integrated wireless data transmitter.”

According to the report, one of the major drivers for this market is Technological advancement has led to price drop of 50% over last decade. Advances in technology over the last 10 years have led to the development of cost-effective carbon fiber technologies. The unique feature of this material is that the basic design principle in designing a product with this material remains the same. Any progress done carbon fiber in the aerospace industry can be applied to automotive (as per applicability) and further down to bicycles.

Further, the report states that one of the major factors hindering the growth of this market is High cost of bicycle carbon wheels. The pricing and the technology cost is quite high when compared with the most matured technology of the aluminum alloy bicycle wheels. The cost comparison can easily be understood with the percentage of premium charge over the price of its counterpart. The standard category is charged with 180% premium over and above, performance 127.27%, and 100% for the premium high-performance category. This high cost poses a notable challenge considering the fact that the product is still in its introductory phase in the market.

Companies Mentioned

Giant Bicycles, Mavic, Zelvy, and Zipp Speed Weaponry

Other Prominent Vendors in the market are: Fulcrum Wheels, Pro-lite, Reynolds Cycling, XeNTiS, and YoeleoBike.com.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Bicycle wheel components
      • Table Key highlights of performance bicycles
      • Table Characteristics comparison of tubular and clincher wheels
  • Market landscape
    • Market overview
      • Table Market landscape: Bicycle carbon wheel market
    • Market size and forecast
      • Table Bicycle carbon wheel market forecast 2016-2021 (thousand units)
  • Market segmentation by geography
    • Global bicycle carbon wheel market by geography
      • Table The top 10 countries in terms of per capita cycle in 2016
      • Table Market share region wise in 2016
      • Table Market share region wise in 2021
      • Table Market share region wise 2016-2021 (% share)
    • Bicycle carbon wheel market in EMEA
      • Table List of cycling events in EMEA
      • Table Bicycle carbon wheel market in EMEA 2016-2021 (thousands of units)
    • Bicycle carbon wheel market in Americas
      • Table National championship events organized by USA Cycling in US
      • Table Bicycle carbon wheel market in Americas 2016-2021 (thousands of units)
    • Bicycle carbon wheel market in APAC
      • Table Bicycle carbon wheel market in APAC 2016-2021 (thousands of units)
  • Market segmentation by application
    • Market overview
      • Table Market share by application 2016
      • Table Market share by application wise 2021
      • Table Market share by application 2016-2021
    • Road and track performance bicycle carbon wheel market
      • Table Road and track performance bicycle carbon wheel market 2016-2021 (thousands of units)
    • Global mountain performance bicycle carbon wheel market
      • Table Mountain performance bicycle carbon wheel market 2016-2021 (thousand units)
    • Global cross-country performance bicycle carbon wheel market
      • Table Cross-country performance bicycle carbon wheel market 2016-2021 (thousand units)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Standard carbon wheel price decline trend 2007-2017 ($)
      • Table Performance carbon wheel price decline trend 2007-2017 ($)
      • Table Various options for performance cycle and cost comparison
    • Market challenges
      • Table Market price comparison of aluminum and carbon fiber
  • Market trends
    • Ride sense, axle system, and disc braking technology for drive assist
    • One-piece carbon fiber wheel with four spokes design
    • Rise of deep-rim aerodynamic carbon wheels
  • Vendor landscape
    • Carbon fiber wheel vendors
    • Other prominent vendors
  • Key vendor analysis
    • Giant Bicycles
      • Table Product categories of Giant
      • Table Categories of bikes by Giant
    • Mavic
    • Zelvy
      • Table Zelvy: Product portfolio
    • Zipp Speed Weaponry
  • Appendix
    • List of abbreviations
  • Explore Technavio

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