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. Since carbon fiber essentially took over the performance cycling world nearly two decades ago, the bike industry has continued to crank out ever-lighter, stiffer, and more impressive designs that were impossible to make in metal.
According to the new market research report “Global Carbon Fiber Bicycle Frame Market Report 2023-2029”, published by QYResearch, the global Carbon Fiber Bicycle Frame market size is projected to reach USD 1.43 billion by 2029, at a CAGR of 11.1% during the forecast period.
Figure. Global Carbon Fiber Bicycle Frame Market Size (US$ Million), 2018-2029
Figure. Global Carbon Fiber Bicycle Frame Top 14 Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
The global key manufacturers of Carbon Fiber Bicycle Frame include Topkey, Carbotec Industrial, Advanced International Multitech, Jiangsu QYH Carbon Tech, Woei Fong Machinery Works, Giant Manufacturing, Quest Composite Technology, Astro Tech, Ten Tech Composite, YMA, etc. In 2022, the global top five players had a share approximately 55.0% in terms of revenue.
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