Carbon Wheels Market Size

Carbon Wheels Market Size

Carbon Wheels Market size was valued at USD 679 million in 2023 and is estimated to register a CAGR of over 8.2% between 2024 and 2032. Due to an increase in technological advancements such as carbon fiber technology, manufacturing process and design engineering have resulted in lighter, stronger, and more aerodynamically advanced carbon wheels. There has been increased customization and personalization in the wheel market. Consumers can customize wheelsets according to their preferences such as, increased rim depth, spoke count as well.

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The carbon wheels industry can pose challenges to the price sensitive customers. Because carbon requires more expensive materials, manufacturing techniques, and technology than aluminium does, carbon wheels are often more expensive than aluminium ones. For likely riders, the high price point may be an obstruction. Additionally, as compared to aluminium wheels, carbon wheels may be more prone to impact damage and failure, especially while riding off-road or during accidents.