A bicycle frame is the most integral component of any bicycle, to which various other components, such as forks, tires, handles, and paddling mechanisms, among others, are attached. The bicycle frame forms the main structure of a bicycle and brings robustness and rigidity to the bike. Various types of frames are available in the market and can be used to construct different types of bicycles, such as mountain bikes, road bikes, children's bikes, and folding bikes, among others. Depending on the type of bike to be built, bicycle frames can differ in shape and size. Some of the most common shapes of bicycle frames include diamond, step-through, and cantilever, among others. Bicycle frames are manufactured using a wide range of materials, including aluminum, steel, titanium, carbon fiber, and magnesium. Steel and aluminum have long been the preferred materials for making a strong bicycle frame; however, carbon fiber's popularity has grown in recent years. Numerous manufacturers offer customized bicycle frames to meet the specific needs of the end user, depending on the use and customer preferences.
Factors such as the rising popularity of bicycles and their increasing usage in sports and recreational activities have led to continued demand for bicycles across the world. With the growing demand for bicycles, sales of bicycle frames continue to grow proportionally. Leading manufacturers of bicycles procure frames from various original equipment manufacturers (OEMs) for building the overall bicycle. In addition, the availability of a wide range of customized frames has enabled end-users to build their own bicycles from scratch. As a result, customized frames have grown in popularity among a wide range of professional cyclists and enthusiasts in recent years.
The research report titled "Global Bicycle Frames Market: Growth, Future Prospects, and Competitive Analysis, 2018–2026" offers an investigative analysis of the global bicycle frame market, including market values and forecasts for the period from 2016 to 2026.
The report also includes competitive analysis, such as the market positioning of leading bicycle frame providers and current market developments. Some of the leading manufacturers of bicycle frames included in the study are ADK Technology Limited, Advanced International Multitech Co. Ltd., Cicli Pinarello SRL, Dengfu Sports Equipment Co. Ltd., Felt Racing, LLC, Giant Manufacturing Co. Ltd., Ideal Bike Corporation, Kona Bikes, Pinion GmbH, Quest Composite Technology Corporation, SCOTT Sports SA, Specialized Bicycle Components, Inc., TOP KEY Corporation, and Velocite Tech Co. Ltd.
The in-depth analysis included in the report encompasses:
Current and anticipated market trends in order to identify growth prospects within the bicycle frame industry.
in-depth competitive environment analysis
Market dynamics, including drivers and restraints, and their impact on market growth
Historic 2-year market value data (2016 and 2017)
The global bicycle frame market is segmented, based on type, into the following categories:
Mountain Bikes
Road Bikes
Children's Bikes
Folding Bikes
Others
The children's bikes segment led the overall bicycle frame market in 2017. The segment contributed to nearly 30% of the total market value generated in 2017. Higher adoption of children's bikes on account of numerous health and physical development benefits has resulted in a higher share of the segment across the world. The mountain bike segment followed the children's bike segment in terms of market value. The higher adoption of bicycles in various sports and recreational activities has contributed to the higher demand for such bikes in recent years. The folding bikes segment is expected to witness the fastest growth during the forecast period from 2018 to 2026 due to increasing demand for bicycles that are easy to carry and store.
The global bicycle frame market has been segmented on the basis of geographical regions, as per the following regions and countries:
North America
U.S.
rest of North America
Europe
UK
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Rest of the World (RoW)
Middle East and Africa (MEA)
Latin America
In 2016, Asia Pacific held the largest share of the overall bicycle frame market across the globe in terms of market value. The demand for bicycle frames in the region is largely driven by the large consumer bases in China and India, among others. In addition, rising awareness among people about the health benefits of cycling is expected to further drive the adoption of bicycles in the region. Moreover, various government initiatives to promote the usage of bicycles for regular commutes have led to higher demand for bicycles in the Asia Pacific region. The markets for bicycle frames in the North American and Europe regions are expected to witness continued growth due to higher demand for advanced and state-of-the-art bicycles. The regions are expected to exhibit steady growth due to demand from key markets such as the U.S., the UK, Germany, and France, among others.
Frequently Asked Questions:
The market for Bicycle Frames Market is expected to reach US$ XX Bn By 2026.
The Bicycle Frames Market is expected to see significant CAGR growth over the coming years, at 5.1%.
The report is forecasted from 2018-2026.
The base year of this report is 2017.
Advanced International Multitech Co. Ltd., Cicli Pinarello SRL, Dengfu Sports Equipment Co. Ltd., Felt Racing, LLC, Giant Manufacturing Co. Ltd., Ideal Bike Corporation, Kona Bikes, Pinion GmbH are some of the major players in the global market.
