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Download Free sampleThe global Carbon Fiber Bike market was valued at 2658.75 Million USD in 2021 and will grow with a CAGR of 3.25% from 2021 to 2027, based on Research newly published report.
The prime objective of Carbon Fiber Bike Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Carbon Fiber Bike Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Carbon fiber bike mainly used in high-end racing bikes, the main types of bicycle are road bike, mountain bike, city bike and etc. and as a new material, carbon fiber is mainly used in the frame, fork, wheel set (carbon knife rims) and etc. Carbon fiber composite is an increasingly popular non-metallic material commonly used for bicycle frames. Although expensive, it is light-weight, corrosion-resistant and strong, and can be formed into almost any shape desired. The result is a frame that can be fine-tuned for specific strength where it is needed (to withstand pedaling forces), while allowing flexibility in other frame sections. China and Taiwan are the manufacturing centers for carbon fiber bike. For the product types of carbon fiber bike, road bikes occupy the largest market share (50%), followed by mountain bikes (42%). Market competition is fierce. The market concentration is relatively high. Leading 13 suppliers, including Giant Bicycle, Merida Bike, Battle-FSD, Trek Bike and XDS, occupy about 77% of the market.
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