Cycling is a healthy, environment-friendly, and inexpensive method for inter-city mobility. Bicycles are gaining popularity due to the increasing support from the government and rising consumer preference for environment-friendly modes of mobility. Unlike other modes of transport, bicycles do not emit toxic substances. The increasing number of health-conscious customers who perceive bicycles as a mode of mobility and fitness, rising environmental concerns, government policies that promote cycling, and the increase in traffic congestions drive the demand for bicycles. Bicycles are an ideal solution to the crisis of depleting resources.
Technavio’s analysts forecast the global bicycle carbon frames market to grow at a CAGR of 27.10% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global bicycle carbon frames market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • APAC • Europe • North America • ROW
Technavio's report, Global Bicycle Carbon Frames Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Other prominent vendors • Viner Settanta • Pinarello • nüd Bicycles • Specialized Bicycle Components • TI Cycles (TI)
Market driver • Declining price of production of carbon fibers. • For a full, detailed list, view our report
Market challenge • Oligopolistic nature of carbon fibers market. • For a full, detailed list, view our report
Market trend • Emergence of handmade carbon frames. • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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