- A bicycle frame forms the basic structure of a bicycle. It provides safety and a distinct shape to the bicycle. Traditional usage of steel as a material for bicycle frames has been continuing the last few hundred years. There have been oddities such as bamboo and plastic frames; however, current bicycle frames are made of one or more materials.
Key Drivers and Opportunities of the Global Bicycle Frames Market
- Rise in awareness regarding health benefits of cycling is prompting more number of consumers to opt for cycling as a sport as well as a transport mode. Rise in demand for customized bicycles has led to the demand for bicycles with comfortable frame shapes. Several different frame types have been developed for bicycles, in addition to the ubiquitous diamond frame. Rising usage of bicycles and increasing adoption of sports and recreational activities involving bicycles are boosting the demand for bicycles across the globe. Sales of bicycle frames are directly proportional to sales of bicycles. Thus, the bicycle frames market is estimated to expand considerably during the forecast period.
- The bicycle frames market is highly influenced by the demand for designing custom-built or upgrading an existing machine. Youths are preferring bicycles as per their requirements, which in turn is projected to boost the demand for bicycle frames during the forecast period.
- Companies are providing cycle manufacturers with hand-built carbon, titanium, steel, or alloy bicycle frames that offer high performance. In this industry, the opportunity for the cycle manufacturers lie in the material of the frames, which defines the design and function of the bicycle. However, the cost related to customization is on the higher side, as compared to the regular cycles frames provided in a bicycle.
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Europe and North America to Hold Major Share of Global Bicycle Frames Market
- In terms of geography, the global bicycle frames market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
- The bicycle frames market in North America is projected expand at a prominent growth rate in the next few years, due to high rate of adoption of innovative, customized cycle frames in the region.
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Key Players Operating in Global Bicycle Frames Market
- Advanced International Multitech Co. Ltd.
- ADK Technology Limited
- Cicli Pinarello SRL
- Felt Racing
- Dengfu Sports Equipment Co. Ltd.
- Giant Manufacturing Co Ltd.
- Ideal Bike Corporation
- Quest Composite Technology Corporation
- Specialized Bicycle Components, Inc.
- SCOTT Sports SA
- Velocite Tech Co Ltd.
- Topkey Corporation