Global Bicycle Frame Market Report 2022 by Business Research Company: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, United Kingdom, Sept. 6, 2022 /EINPresswire.com/ — According to “Bicycle Frames Global Market Report 2022” published by The Business Research Company, the size of the bicycle frames market is expected to grow from 24.30 billion in 2021 to $27.03 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The global bicycle frames market size is expected to reach USD 42.47 billion by 2026 with a CAGR of 12.0%. The increasing use of bicycles is expected to propel the growth of the bicycle frame industry in the future.
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The bicycle frames market consists of the sale of bicycle frames by entities (organizations, independent traders, and partnerships) that are used to hold the entire bicycle together and allow one person to sit and steer the bicycle . The bicycle frame refers to the main structural part of the bicycle where the various components are assembled into the frame. A bicycle’s frame contributes to its ability to get from point A to point B safely and comfortably.
Global Bicycle Frame Market Trends
Product innovations are a key trend gaining popularity in the bicycle frame market. Major companies operating in the bicycle frames market are focusing on developing new product innovation solutions to strengthen their position in the market.
Segments of the global bicycle frames market
By Type: Mountain, Hybrid, Road, Other
By material: aluminum, steel, carbon fiber, titanium, others
By distribution channel: online, offline
By Geography: The global bicycle frames market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East & Africa. Among these regions, Asia-Pacific accounts for the largest share.
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The Global Bicycle Frames Market Report 2022 is part of a series of new reports by The Business Research Company that provides Bicycle Frames market overview, Bicycle Frames industry analysis and size forecast. and market growth for Global Bicycle Frames Market, Global Bicycle Frames Market Share, Global Bicycle Frames Market Segments and Geographies, Global Bicycle Frames Market Players, Revenues, Profiles and market shares of major competitors in the global bicycle frames market. The Bicycle Frames Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
2022 TBRC Global Bicycle Frames Market report includes insights into the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: ADK Technology Limited, Advanced International Multitech Co. Ltd., Topkey Corporation, Dengfu Sports Equipment Co. Ltd., Ideal Bike Corporation, Giant Manufacturing Co Ltd., Cicli Pinarello SRL, Quest Composite Technology Corporation, Specialized Bicycle Components Inc., SCOTT Sports SA, Velocite Tech Co Ltd., Felt Racing, Harison Cycles, Kona Bikes and Pinion GmbH
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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