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After years of decline in demand for bicycles, primarily due to the growing influence of the automotive industry, bicycles are now again witnessing increased interest. Environmental factors such as a high degree of air pollution due to fuel emission are the key factor to supplement the growth of the global bicycle carbon frames market size. People are willingly shifting towards using bicycles as a mode of transport owing to environmental issues as well as health benefits. For instance, Denmark uses bicycles as their transportation mode which the highest number of users commuting via bicycles. The European Commission is also encouraging the use of bicycles by setting new regulations.
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Global Bicycle Carbon Frames Market Drivers, Restraints, Potential Growth Opportunities, Vendor Competitive Landscape, Trends and Forecast 2018 Single Use License: US$ 4200 Request Sample
Global Bicycle Carbon Frames Market Size, Status and Forecast 2018-2025 • A publication on the “Global Bicycle Carbon Frames Market Size 2017 By Material (Full Carbon and Half Carbon), By Product Type (Mountain Bike, Road Bike, and Others), By Region And Forecast 2018 To 2025” was launched by Adroit Market Research today. The publication covers the estimates for the global bicycle carbon frames market size in terms of volume (‘000 units) and revenue (USD million). • The global bicycle carbon frames market trends are also analyzed using Porter’s Five Forces analysis and PESTEL analysis. The report also covers the global bicycle carbon frames industry insights such as drivers, restraints and value chain. The report also covers in-depth analysis of the key players that hold a significant place in the global bicycle carbon frames market share. • The global bicycle carbon frame market size is estimated to reach USD 2.76 billion by 2025. After years of decline in the sales of the bicycle across the globe, mainly due to a change in transportation dynamics, bicycles are now regaining their importance. • Bicycles, traditionally used as a mode of transportation are now being increasingly used for the recreational and sporting purpose. Bicycles such as mountain bikes are available in different variants in order to suit consumer demand. Another major factor in the growth of the global bicycle industry is soaring fuel prices coupled with increased traffic congestion as well as pollution. Moreover, health benefits associated with the riding bicycle is also a key factor to supplement the growth of the global bicycle carbon frames industry over the next few years.
Global Bicycle Carbon Frames Market Size, Status and Forecast 2018-2025 • Changing retail landscape is one of the major developments witnessed in the global bicycle carbon frames market trends. Increasing online sales of bicycle carbon frames have led to growth in the overall sales owing to ease of choice for better frames. Local vendors are also making their product available online so as to increase their customer reach. Improving design techniques which further increases durability and flexibility are some of the crucial trends to drive the global bicycle carbon frames market. • At a regional scale, Europe is projected to account for largest bicycle carbon frames market share. Increasing inclination towards recreational touring coupled with the aim for decreasing carbon footprints is the key factor to drive market growth across matured economies such as Europe and North America. Asia Pacific is projected to witness substantial growth, mainly due to the impressive growth trend in China. The Chinese market accounts for a major chunk in the bicycle carbon frames market size. China is one of the top manufacturer as well as a major consumer of bicycles. The bicycle carbon frames industry in China is projected to grow around 6.7% CAGR over the forecast period. • In terms of market competition, the bicycle carbon frames industry is a highly competitive market with the presence of a large number of local and regional players. The rising number of local players, especially across Asia Pacific region is giving tough competition to the global players to maintain their bicycle carbon frames market share. Product differentiation is one of the major strategy adopted by key players to maintain their customer base. Some of the global players in the bicycle carbon frames market are Giant Manufacturing, BattaglinCicli, Fuji Bikes, CKT, and Ritchey Design. Browse the complete report on @ https://www.adroitmarketresearch.com/industry-reports/bicycle-carbon-frames-market
Global Bicycle Carbon Frames Market Size, Status and Forecast 2018-2025 • The global bicycle carbon frames industry is a highly competitive marketplace with the presence of numerous vendors. Players such as CKT, BattaglinCicli, Giant Manufacturing, Fuji Bikes, Ritchey Design are some of the global players in the market that account for the considerable amount of the global bicycle carbon frames market share. With rising competition, players are focused on creating strong product differentiation in order to increase their market presence. Purchase a single user copy of the global bicycle carbon frames market report @ https://www.adroitmarketresearch.com/researchreport/purchase/626
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