What is Bicycle Carbon Fiber Frames Market?
Bicycle carbon fiber frame has a blend of carbon fibers of different types, each used in different places in a frame for very specific purposes. These carbon fiber frames are significantly lighter than aluminum, steel, or titanium. They also absorb (rather than transmitting) road vibration, which translates into a more comfortable ride. These frames can be formed into complex shapes, giving bike makers greater creative design latitude.
The market study is being classified by Type (Unidirectional Carbon (UD), Modulus (M), High Modulus (HM) and Ultrahigh Modulus (UHM)) and major geographies with country level break-up.
Advanced Sports International (United States), Giant Manufacturing Co. Ltd. (Taiwan), Pending System GmbH & Co. KG (Germany), Specialized Bicycle Components Inc. (United States), Sunny Crown Enterprises Co. Ltd. (Taiwan) and Tube Investments of India Ltd. (India) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global Bicycle Carbon Fiber Frames market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Bicycle Carbon Fiber Frames market by Type, Application and Region.
On the basis of geography, the market of Bicycle Carbon Fiber Frames has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Benefits of Carbon Fiber Frames such as Lighter, Stiffness and Absorb Road Vibration
- Increased Popularity of Bicycle Racing
Market Trend
- Increasing Number of Sports Events Worldwide
- Growing Number of Distribution Channels
Restraints
- High Cost of Bicycle Carbon Fiber Frames
Opportunities
- Increased Promotional Activities by Manufacturers
- Increasing Acceptance for Bicycles with Carbon Fiber Frames
Challenges
- Less Awareness about Carbon Fiber Frames Advantages
Key Target Audience
Bicycle Carbon Fiber Frames Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users