Titanium Bicycles Market Size, Share & Trends Growth [2030]

Titanium Bicycles Market Size, Share & Trends Growth [2030]

Segments - Titanium Bicycles Market by Type (Road Bikes, Mountain Bikes, and Others), by End-user (Amateur and Professional), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2022 – 2030

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Author : Debadatta Patel
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Fact-checked by : PARTHA PAUL
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Editor : Shruti Bhat

Upcoming | Report ID :CG-5774 | 4.8 Rating | 51 Reviews | 196 Pages | Format : PDF Excel PPT

Report Description


Titanium Bicycles Market Outlook

The Global Titanium Bicycles Market was valued at USD 1,058.3 Million in 2021 and is projected to reach USD 1,517.7 Million by 2030, expanding at a CAGR of 4.2% during the forecast period. Growth in global atmospheric CO2 levels and the increasing prevalence of air-borne diseases are creating a high demand for bicycles among customers. This is anticipated to drive the market in the near future.

Bicycles are widely used for transportation, recreation, and sports. There are twice as many bicycles as there are cars in the world, indicating the ratio of 3 bikes for 1 car. Titanium bicycles are a viable alternative to high-end steel and carbon fiber bicycles.

Titanium Bicycles Market Outlook

Titanium bicycles are lighter than steel without the use of large aluminum or carbon fiber tubes. Titanium bikes help people overcome bumps on the road. For the past 25 years, titanium bicycle models have been developed with enhanced properties. Titanium boasts of extraordinary fatigue life, due to its inherent corrosion resistance properties.

Titanium Bicycles Market Dynamics

Multiple health, environmental, and economic benefits associated with titanium bicycles

The increasing number of people using bicycles as a form of leisure activity and health fitness purpose is expected to boost the market. Bicycling is preferred as a convenient form of exercise to ensure a healthy life and free from various health conditions such as obesity is expected to further spur the market expansion.

Increasing demand for lightweight bicycles

Demand for lightweight bicycles is increasing, especially in urban areas worldwide due to growing awareness of the health benefits of cycling and reducing the carbon footprint. Titanium is one of the lightest metals widely used in bicycle manufacture to meet the demand for lightweight bicycles. Titanium is lighter than steel and stronger than steel and aluminum.

Titanium has various superior properties such as high fatigue strength and titanium frames that make them last longer, which are major qualities cyclists usually consider in deciding on a bike. The high demand for lightweight products and increasing acceptance of various attributes such as strength and strong agility in bikes are major aspects of the global market.

Lack of infrastructure in developing economies

The lack of infrastructure needed to support and encourage commuters to use bicycles is anticipated to severely hamper the sales of high-end bicycles during the forecast period.

Numerous developing countries do not have bicycle lanes or locking systems to prevent bicycle theft in public areas. These factors also limit the adoption of high-end bicycles among consumers. The lack of committed cycling tracks is one of the principal reasons hampering demand for titanium bicycles.

The increasing number of bicycle sports events

The increasing number of cycling events and tournaments worldwide is expected to offer growth opportunities to the market during the forecast period. Additionally, a growing focus on promoting road racing, leisure touring & cycling, track racing, mountain cycling events, and off-road racing events are anticipated to supplement the market growth during the forecast period.

Scope of Titanium Bicycles Market Report  

The report on the global Titanium Bicycles Market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
 

Attributes

Details

Report Title

Titanium Bicycles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Base Year

2021

Historic Data

2015 – 2020

Forecast Period

2022–2030

Segmentation

by Type (Road Bikes, Mountain Bikes, and Others), by End-user (Amateur and Professional)

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered

Accell Group, Ribble Cycles, American Bicycle Group, Lynskey Performance Designs, Pilot Cycles, Carver Bikes, Enigma Titanium Limited, Dean Cycle Works, Moots, Bilenky Cycle Works Ltd, Seven Cycles, Inc., MASON Progressive Cycles Ltd., Baum Cycles Pty Ltd, Firefly Bicycles, Dolan Bikes

 

Titanium Bicycles Market Segmental Outlook

Based on type, the global titanium bicycle market is segmented into road bicycles, mountain bicycles, and others. The road bicycles segment held a 60.8% market share in 2021 and is projected to expand at a CAGR of 4.4% during the forecast period.

High fuel prices, improving infrastructure for cycling, and the rising need to maintain fitness through cycling are boosting the sale of road bicycles, which is driving this segment. Titanium road bicycles are light in weight and designed for swift riding on roads. Therefore, they are gaining popularity among people for commuting to the workplace or for traveling.

Titanium Bicycles Market Type

Based on end-user, the global titanium bicycles market is bifurcated into amateur and professional. The professional segment holds the maximum share of the market in 2021 and is expected to expand during the forecast period. An increased number of events and races organized by governments, sports associations, and companies is boosting the professional segment.

Region Outlook

Asia Pacific accounted for 20.1% market share in 2021. Growth in manufacturing facilities in the subcontinent is expected to attract many new investors in the region. Moreover, low manufacturing costs associated with low labor costs in several countries in the Asia Pacific are expected to fuel the market during the forecast period.

Titanium Bicycles Market Region

Key Benefits for Industry Participants & Stakeholders

  • In-depth Analysis of the Global Titanium Bicycles Market

  • Historical, Current and Projected Market Size in terms of Value.

  • Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

  • Industry Drivers, Restraints and Opportunities Covered in the Study

  • Recent Industry Trends and Developments

  • Competitive Landscape & Strategies of Key Players

  • Neutral Perspective on Global Titanium Bicycles Market Performance

Segments

By Type

  • Road Bikes
  • Mountain Bikes
  • Others

By End-user

  • Amateur
  • Professional

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

By Key Players

  • Accell Group
  • Ribble Cycles
  • American Bicycle Group
  • Lynskey Performance Designs
  • Pilot Cycles
  • Carver Bikes
  • Enigma Titanium Limited
  • Dean Cycle Works
  • Moots
  • Bilenky Cycle Works Ltd
  • Seven Cycles, Inc
  • MASON Progressive Cycles Ltd
  • Baum Cycles Pty Ltd
  • Firefly Bicycles
  • Dolan Bikes.

Competitive Landscape

  • Top players in the market include Accell Group, Ribble Cycles, American Bicycle Group, Lynskey Performance Designs, Pilot Cycles, Carver Bikes, Enigma Titanium Limited, Dean Cycle Works, Moots, Bilenky Cycle Works Ltd, Seven Cycles, Inc., MASON Progressive Cycles Ltd., Baum Cycles Pty Ltd, Firefly Bicycles, and Dolan Bikes. The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the Global Titanium Bicycles Market.

    Titanium Bicycles Market Key Players

Frequently Asked Questions

Additional company profiles can be provided on request. For a discussion related to above findings, click Speak to Analyst.

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

Increasing demand for lightweight bicycles and Multiple health, environmental, and economic benefits associated with titanium bicycles are the factors expected to drive the market growth during the forecast period.

According to this growth market report, the titanium bicycles market is likely to register a CAGR of 4.2% during the forecast period 2022-2030, with an anticipated valuation of USD 1,517.7 million by the end of 2030.

Amateurs and Professionals are the major end-user of titanium bicycles.

Factors such as per capita income, cyclist population, technological advancement & sustainability are analyzed in the final report.

The market is expected to be positive in 2019 and 2020 owing to the increased adoption of these bicycles and the promotion of road racing, long-distance & leisure cycling, and mountain biking.

In addition to market size (in USD Million), Company Market Share (in % for base year 2021), volume, and Value have been provided in the report.

The base year considered for the Global Titanium Bicycles Market report is 2021. The complete analysis period is 2015 to 2030, wherein, 2015-2020 are the historic years, and forecast is provided from 2022 to 2030.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Titanium Bicycles Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Titanium Bicycles Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Titanium Bicycles Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Titanium Bicycles Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Titanium Bicycles Market Size & Forecast, 2015-2030
      4.5.1 Titanium Bicycles Market Size and Y-o-Y Growth
      4.5.2 Titanium Bicycles Market Absolute $ Opportunity
   4.6 Pricing Analysis
   4.7 Recent Developments Impact Analysis
   4.8 Technological Landscape
   4.9 Carbon Bicycle Market Overview
   4.10 Carbon Bicycle Market Opportunity
   4.11 Carbon Bicycle Vs. Titanium Bicycles
Chapter 5 Global Titanium Bicycles Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Titanium Bicycles Market Size Forecast By Type
      5.2.1 Road Bikes
      5.2.2 Mountain Bikes
      5.2.3 Others
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Titanium Bicycles Market Analysis and Forecast By End-user
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By End-user
      6.1.2 Basis Point Share (BPS) Analysis By End-user
      6.1.3 Absolute $ Opportunity Assessment By End-user
   6.2 Titanium Bicycles Market Size Forecast By End-user
      6.2.1 Amateur
      6.2.2 Professional
   6.3 Market Attractiveness Analysis By End-user
Chapter 7 Global Titanium Bicycles Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Titanium Bicycles Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Titanium Bicycles Analysis and Forecast
   9.1 Introduction
   9.2 North America Titanium Bicycles Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Titanium Bicycles Market Size Forecast By Type
      9.6.1 Road Bikes
      9.6.2 Mountain Bikes
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Titanium Bicycles Market Size Forecast By End-user
      9.10.1 Amateur
      9.10.2 Professional
   9.11 Basis Point Share (BPS) Analysis By End-user
   9.12 Absolute $ Opportunity Assessment By End-user
   9.13 Market Attractiveness Analysis By End-user
Chapter 10 Europe Titanium Bicycles Analysis and Forecast
   10.1 Introduction
   10.2 Europe Titanium Bicycles Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Titanium Bicycles Market Size Forecast By Type
      10.6.1 Road Bikes
      10.6.2 Mountain Bikes
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Titanium Bicycles Market Size Forecast By End-user
      10.10.1 Amateur
      10.10.2 Professional
   10.11 Basis Point Share (BPS) Analysis By End-user
   10.12 Absolute $ Opportunity Assessment By End-user
   10.13 Market Attractiveness Analysis By End-user
Chapter 11 Asia Pacific Titanium Bicycles Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Titanium Bicycles Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Titanium Bicycles Market Size Forecast By Type
      11.6.1 Road Bikes
      11.6.2 Mountain Bikes
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Titanium Bicycles Market Size Forecast By End-user
      11.10.1 Amateur
      11.10.2 Professional
   11.11 Basis Point Share (BPS) Analysis By End-user
   11.12 Absolute $ Opportunity Assessment By End-user
   11.13 Market Attractiveness Analysis By End-user
Chapter 12 Latin America Titanium Bicycles Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Titanium Bicycles Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Titanium Bicycles Market Size Forecast By Type
      12.6.1 Road Bikes
      12.6.2 Mountain Bikes
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Titanium Bicycles Market Size Forecast By End-user
      12.10.1 Amateur
      12.10.2 Professional
   12.11 Basis Point Share (BPS) Analysis By End-user
   12.12 Absolute $ Opportunity Assessment By End-user
   12.13 Market Attractiveness Analysis By End-user
Chapter 13 Middle East & Africa (MEA) Titanium Bicycles Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Titanium Bicycles Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Titanium Bicycles Market Size Forecast By Type
      13.6.1 Road Bikes
      13.6.2 Mountain Bikes
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Titanium Bicycles Market Size Forecast By End-user
      13.10.1 Amateur
      13.10.2 Professional
   13.11 Basis Point Share (BPS) Analysis By End-user
   13.12 Absolute $ Opportunity Assessment By End-user
   13.13 Market Attractiveness Analysis By End-user
Chapter 14 Competition Landscape
   14.1 Titanium Bicycles Market: Competitive Dashboard
   14.2 Global Titanium Bicycles Market: Market Share Analysis, 2021
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 Accell Group
      14.3.2 Ribble Cycles
      14.3.3 American Bicycle Group
      14.3.4 Lynskey Performance Designs
      14.3.5 Pilot Cycles
      14.3.6 Carver Bikes
      14.3.7 Enigma Titanium Limited
      14.3.8 Dean Cycle Works
      14.3.9 Moots
      14.3.10 Bilenky Cycle Works Ltd
      14.3.11 Seven Cycles, Inc.
      14.3.12 MASON Progressive Cycles Ltd.
      14.3.13 Baum Cycles Pty Ltd
      14.3.14 Firefly Bicycles
      14.3.15 Dolan Bikes

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