The broad carbon fiber bike market has been sub-grouped into product and application. In the recent year’s demand for high-end bicycles has increased at a significant pace, as a result, many manufacturers are putting their efforts towards catering the market which is expected to fuel the industry expansion. The growing bicycle manufacturing industry and bicycle components are also expected to support market growth. Increasing popularity and affordability of this high-end bicycle coupled with the increasing interest of people towards leisure and sporting activity will further augment the market growth.
The key players in the carbon fiber bike market include Battle FSD, COLNAGO, CUBE, Giant Bicycles, Kestrel Bicycles, LOOK, MARMOT, MERIDA, SwiftCarbon, Trek Bicycle Corporation, and others.
By Product
- Road Bikes
- Mountain Bikes
- Others
By Application
- Bicycle Racing
- Bicycle Touring
- Others
Demand for carbon fiber bike in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/carbon-fiber-bike-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.