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Bicycle Frames Market Trends

  • Report ID: GMI7693
  • Published Date: Dec 2023
  • Report Format: PDF

Bicycle Frames Market Trends

The increasing demand for high-performance e-bikes is fostering lucrative growth in the market. Consumers' growing interest in electric bikes with advanced capabilities has led to a surge in demand for frames designed for optimal performance. For instance, in September 2023, Moots introduced a gravel e-bike featuring a carbon fiber frame. The e-bike is equipped with GRX RX-870 carbon wheels, incorporating Panaracer GravelKing SK+ 50c tubeless tires mounted on the 25mm internal-width rims. Carbon fiber is the optimal material for achieving a high level of performance in an electric bike.
 

Continuous research & development in materials is propelling the market forward. Innovations in materials, such as carbon fiber composites, advanced alloys, and hybrid constructions, contribute to the creation of frames with improved strength, reduced weight, and enhanced performance characteristics. This ongoing exploration allows manufacturers to stay at the forefront of technology, meeting the evolving demands of cyclists for lightweight, durable, and high-performance frames.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of bicycle frames reached USD 21.8 billion in 2023 and is set to expand at 6.5% CAGR between 2023 and 2032, attributed to the increasing influx of funding aimed at expanding the production of innovative bicycle frames.

The aluminum segment accounted for a market share of around 40% in 2023, due to the incorporation of low-carbon aluminum materials that help decrease both weight and carbon footprint.

Asia Pacific market share was over 35% in 2023, owing to the robust economic development in the region, and heightened demand for high-quality bicycles.

Bianchi, Cannondale Bikes, Canyon, Cerv

Bicycle Frames Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 339
  • Countries covered: 20
  • Pages: 250
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