Global Bicycle Frames Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Bicycle Frames Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Material (Aluminum, Steel, Carbon Fiber, Titanium, and Others), Frame Type (Mountain Bicycle, Hybrid Bicycle, Electric Bicycle, Road Bicycle, and Others), Sales Channel (Online, and Offline), Distribution Channel (OEM, and Aftermarket), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Bicycle Frames Market was valued at USD 25,858.2 million in 2023 and is expected to reach USD 43,769.2 million by 2031 while growing at a CAGR of 6.8% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global bicycle frames market growth. The bicycle frame is the central structural component that supports and connects various parts such as wheels, pedals, handlebars, and saddle. It acts as the backbone, contributing to the overall structure, stability, and performance of the bike.
The increasing popularity of cycling as both a recreational activity and an eco-friendly transportation mode, coupled with growing awareness of the significance of physical fitness and a healthy lifestyle, is driving the growth of the bicycle frames market. Nevertheless, challenges like high manufacturing costs and limited raw material availability could impede market expansion.
Furthermore, the global bicycle frames industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Material Analysis
The Global Bicycle Frames Market is segmented among Aluminum, Steel, Carbon Fiber, Titanium, and Others, based on Material. In 2023, Aluminum accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Frame Type Analysis
The Global Bicycle Frames Market is segmented among Mountain Bicycle, Hybrid Bicycle, Electric Bicycle, Road Bicycle, and Others, based on Frame Type. In 2023, Mountain Bicycle accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Bicycle Frames Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are ADK Technology Limited, Advanced International Multitech Co. Ltd., Topkey Corporation, Dengfu Sports Equipment Co. Ltd., Ideal Bike Corporation, Giant Manufacturing Co Ltd., Cicli Pinarello SRL, Quest Composite Technology Corporation, Specialized Bicycle Components Inc, SCOTT Sports SA, and Velocite Tech Co Ltd.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Bicycle Frames Market Dynamics
Drivers
Restraints
Opportunity
4. Global Bicycle Frames Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Bicycle Frames Market Segmentation, By Material
Global Bicycle Frames Market Share Analysis, By Material
Global Bicycle Frames Market Growth Analysis, By Material
Global Bicycle Frames Market Trends, By Material
o Aluminum
o Steel
o Carbon Fiber
o Titanium
o Others
6. Global Bicycle Frames Market Segmentation, By Frame Type
Global Bicycle Frames Market Share Analysis, By Frame Type
Global Bicycle Frames Market Growth Analysis, By Frame Type
Global Bicycle Frames Market Trends, By Frame Type
o Mountain Bicycle
o Hybrid Bicycle
o Electric Bicycle
o Road Bicycle
o Others
7. Global Bicycle Frames Market Segmentation, By Sales Channel
Global Bicycle Frames Market Share Analysis, By Sales Channel
Global Bicycle Frames Market Growth Analysis, By Sales Channel
Global Bicycle Frames Market Trends, By Sales Channel
o Online
o Offline
8. Global Bicycle Frames Market Segmentation, By Distribution Channel
Global Bicycle Frames Market Share Analysis, By Distribution Channel
Global Bicycle Frames Market Growth Analysis, By Distribution Channel
Global Bicycle Frames Market Trends, By Distribution Channel
o OEM
o Aftermarket
9. Global Bicycle Frames Market Segmentation, By Region
Global Bicycle Frames Market Share Analysis, By Region
Global Bicycle Frames Market Growth Analysis, By Region
Global Bicycle Frames Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
10. Competitive Landscape
ADK Technology Limited*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Advanced International Multitech Co. Ltd.
Topkey Corporation
Dengfu Sports Equipment Co. Ltd.
Ideal Bike Corporation
Giant Manufacturing Co Ltd.
Cicli Pinarello SRL
Quest Composite Technology Corporation
Specialized Bicycle Components Inc
SCOTT Sports SA
Velocite Tech Co Ltd.
*Similar analysis will be provided for each company listed above.
