The frame of the bicycle is one of the important parts while buying a bicycle. It plays key role in the performance of the bicycle as it affects weight balance of the bicycle. Bicycle frames evolved to offer better riding quality and safety over the period of time. With the development in carbon fiber-based frames for bicycles the demand has significantly increased in mountain biking, and other sports. Carbon fiber composites offer toughness, low weight, strength, durability and ease of use parameters compared to other materials currently available in market for bicycle frame manufacture. Carbon fiber frames also offers a better option for rider’s demand for high performance bicycles. Growing inclination towards recreational sports as well as tourism are some of the major factors driving the demand for bicycles across the globe, thereby, supporting the sale of bicycle carbon frame. Carbon fiber frames have gain high popularity and it is used all types of bicycle frame to reduce the weight of the bicycle and increase performance.
Various types of bicycle carbon fiber frames are road bicycle frames, mountain bicycle frames, hybrid bicycle frames, and others. In that, road bicycle frame segment holds the highest share owing to the fact that road bicycle is utmost basic category of bicycle, which do not require any complicated accessories, such as those essential by the mountain, or any other category of bicycles. Moreover, depending on distribution channel the market is classified as online, and offline. the overall bicycle carbon fiber frames market was led by the offline segment in terms of market value. As, most of the consumers choose to purchase bicycle frames from local approved brand stores as they have a great variety of frames to select from within and also offer modified service and physical authentication of products before buying.
Some of the major key players operating in the bicycle carbon fiber frames market include CKT (Sunny Crown Enterprises Co., Ltd.), Giant Bicycles, Fujitsu Limited, CICLI PINARELLO SRL, F.I.V. Edoardo Bianchi S.p.A, Niner Bikes, Santa Cruz Bicycles, Wilier Triestina S.p.A., Bridgestone Cycle Co. LTD., Pivot Cycles, SCOTT Sports SA, Argon 18, RITCHEY DESIGN, INC., Lightcarbon Composite Technology Co., Ltd. And ICAN Cycling among others. Major players operating in the bicycle carbon fiber frames market are discovering the market by implementing growth, investments, new product launches and partnerships as their preferred approaches. The key players from this market are discovering new geographies by expansions as well as acquisitions throughout the world to gain a competitive benefit through collective collaborations.
Recent News and Development:
- In February 2021, Giant Bicycles introduced the Giant XtC Advanced SL 29 which is a special limited-edition replica frameset
- In February 2021, Lightcarbon Composite Technology Co., Ltd. introduced 2021 New LightCarbon Full Suspension Carbon Frame LCFS947
- In July 2020, CICLI PINARELLO SRL launched the new bicycles collection for the new season