This report segments the bicycle carbon frames market by application (manual bicycles and e-bikes) and geography (APAC, Europe, North America, South America, and MEA)
NEW YORK, June 9, 2022 /PRNewswire/ — Bicycle carbon frames are manufactured with carbon fiber material. These frames have properties such as high stiffness, low weight, and high strength. They reduce bicycle weight and increase performance, which has increased their popularity in the global bicycle market.
The global bicycle carbon frames market size is expected to grow by 5935.37 thousand units from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 14.89% during the forecast period, according to Technavio’s latest market report. Technavio has announced its latest market research report titled Bicycle Carbon Frames Market by Application and Geography – Forecast and Analysis 2021-2025 For more highlights and Y-o-Y growth rate, View our Sample Report
Bicycle Carbon Frames Market: Market Segmentation
By application, the manual bicycle segment will have significant market share growth during the forecast period. The demand for manual bicycles is high, as they are affordable and easy to use. In recent years, the adoption of carbon frames in the manual bicycles segment has increased owing to the rising demand for bicycles that are lightweight and durable.
By geography, APAC will account for the highest market share growth during the forecast period. The rising disposable income of major emerging economies such as India and China and the increasing youth population in India will drive the growth of […]