Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Track Bicycle Market by Type (Carbon Fiber, Aluminium Alloy, Others), By Application (Competition, Training, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Track Bicycle Market by Type (Carbon Fiber, Aluminium Alloy, Others), By Application (Competition, Training, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 140102 3300 Automobile & Transportation 377 248 Pages 4.7 (45)
                                          

Market Overview:


The global track bicycle market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in the number of cycling events and competitions, rising awareness about health and fitness, and technological advancements in bicycles. The track bicycle market is segmented on the basis of type into carbon fiber, aluminum alloy, and others. The carbon fiber segment is expected to grow at a higher CAGR during the forecast period owing to its superior properties such as light weight and high strength-to-weight ratio. On the basis of application, the track bicycle market is segmented into competition, training, and others. The competition segment is expected to grow at a higher CAGR during the forecast period owing to an increase in participation in cycling events across different regions worldwide.


Global Track Bicycle Industry Outlook


Product Definition:


A track bicycle is a bicycle that has been designed for use on a velodrome or track. The most distinguishing feature of a track bicycle is the lack of brakes.


Carbon Fiber:


Carbon fiber is a very strong, lightweight and rigid material. It has almost half the thermal conductivity of steel and three times the strength making it one of the most efficient materials known to man. Due to its properties, it is used in various industries including aerospace, automotive & transportation, sports equipment manufacturing as well as electrical & electronics industry.


The global carbon fiber market size was valued at USD 3 billion in 2014.


Aluminium Alloy:


Aluminum alloys are materials consisting of two elements, namely aluminum and one other element which may or may not be metals. The other element helps in enhancing properties such as strength, stiffness, ductility and heat treatment. Aluminum is the base metal used in track bicycles owing to its properties such as lightweight (one pound per bicycle), high tensile strength (can withstand a lot of stress before breaking) and elasticity (can return to original shape after being bent).


Application Insights:


On the basis of application, the global track bicycle market is segmented into competition, training and others. The competition segment dominated the overall market in terms of revenue share in 2017. This can be attributed to various events such as Olympics, Commonwealth Games and Summer Olympics held every four years which encourages participation in sports including cycling for both men and women across the globe. Moreover, increasing popularity of track cycling due to constant innovation by manufacturers coupled with rising number of participants has boosted demand for bicycles specifically designed for competitions among other cyclists.


The training application segment is expected to grow at a significant rate over the forecast period owing to increased government initiatives encouraging people especially youth to take up sports including cycling as a form of fitness activity resulting in boosting demand globally track bicycle market by type carbon fiber aluminium alloy others).  Increasing health awareness among people across developed nations such as U.S.


Regional Analysis:


Asia Pacific dominated the global track bicycle market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing popularity of various sports, rising disposable income and growing awareness about health & fitness among people in developing countries such as China and India. Moreover, increasing number of events including cycling championships at different levels will drive the regional market further.


Europe is also anticipated to witness significant growth over the next eight years owing to rise in interest towards outdoor sports activities especially cycling on road.


Growth Factors:


  • Increasing popularity of cycling as a mode of transportation: The benefits of cycling are well known and include reducing pollution, improving fitness, and saving money on transportation costs. As a result, the number of people choosing to cycle for transportation is increasing, which is driving demand for track bicycles.
  • Rising interest in competitive cycling: Track bicycle racing is growing in popularity, with events such as the Olympics and the Tour de France drawing large audiences. This has led to an increase in demand for track bicycles from competitive cyclists looking for high-performance machines that can help them win races.
  • Advances in technology: Track bicycle design has evolved significantly over the years thanks to advances in materials science and engineering. This has resulted in bikes that are lighter weight and faster than ever before, making them attractive to both amateur and professional cyclists alike.

Scope Of The Report

Report Attributes

Report Details

Report Title

Track Bicycle Market Research Report

By Type

Carbon Fiber, Aluminium Alloy, Others

By Application

Competition, Training, Others

By Companies

Look Cycle, Evans Cycles, Koga, Cinelli, Trek Cycles, Planet X, Cervelo, Avanti, Crochard-bike, Felt

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

248

Number of Tables & Figures

174

Customization Available

Yes, the report can be customized as per your need.


Global Track Bicycle Market Report Segments:

The global Track Bicycle market is segmented on the basis of:

Types

Carbon Fiber, Aluminium Alloy, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Competition, Training, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Look Cycle
  2. Evans Cycles
  3. Koga
  4. Cinelli
  5. Trek Cycles
  6. Planet X
  7. Cervelo
  8. Avanti
  9. Crochard-bike
  10. Felt

Global Track Bicycle Market Overview


Highlights of The Track Bicycle Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Carbon Fiber
    2. Aluminium Alloy
    3. Others
  1. By Application:

    1. Competition
    2. Training
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Track Bicycle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

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

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Track Bicycle Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Track bicycles are bicycles that have been specifically designed for use on a track. They typically feature a higher frame and fork, narrower tires, and stiffer materials than standard bikes.

Some of the major companies in the track bicycle market are Look Cycle, Evans Cycles, Koga, Cinelli, Trek Cycles, Planet X, Cervelo, Avanti, Crochard-bike, Felt.

The track bicycle market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Track Bicycle Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Track Bicycle Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Track Bicycle Market - Supply Chain
   4.5. Global Track Bicycle Market Forecast
      4.5.1. Track Bicycle Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Track Bicycle Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Track Bicycle Market Absolute $ Opportunity

5. Global Track Bicycle Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Track Bicycle Market Size and Volume Forecast by Type
      5.3.1. Carbon Fiber
      5.3.2. Aluminium Alloy
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Track Bicycle Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Track Bicycle Market Size and Volume Forecast by Application
      6.3.1. Competition
      6.3.2. Training
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Track Bicycle Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Track Bicycle Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Track Bicycle Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Track Bicycle Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Track Bicycle Demand Share Forecast, 2019-2026

9. North America Track Bicycle Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Track Bicycle Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Track Bicycle Market Size and Volume Forecast by Application
      9.4.1. Competition
      9.4.2. Training
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Track Bicycle Market Size and Volume Forecast by Type
      9.7.1. Carbon Fiber
      9.7.2. Aluminium Alloy
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Track Bicycle Demand Share Forecast, 2019-2026

10. Latin America Track Bicycle Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Track Bicycle Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Track Bicycle Market Size and Volume Forecast by Application
      10.4.1. Competition
      10.4.2. Training
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Track Bicycle Market Size and Volume Forecast by Type
      10.7.1. Carbon Fiber
      10.7.2. Aluminium Alloy
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Track Bicycle Demand Share Forecast, 2019-2026

11. Europe Track Bicycle Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Track Bicycle Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Track Bicycle Market Size and Volume Forecast by Application
      11.4.1. Competition
      11.4.2. Training
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Track Bicycle Market Size and Volume Forecast by Type
      11.7.1. Carbon Fiber
      11.7.2. Aluminium Alloy
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Track Bicycle Demand Share, 2019-2026

12. Asia Pacific Track Bicycle Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Track Bicycle Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Track Bicycle Market Size and Volume Forecast by Application
      12.4.1. Competition
      12.4.2. Training
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Track Bicycle Market Size and Volume Forecast by Type
      12.7.1. Carbon Fiber
      12.7.2. Aluminium Alloy
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Track Bicycle Demand Share, 2019-2026

13. Middle East & Africa Track Bicycle Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Track Bicycle Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Track Bicycle Market Size and Volume Forecast by Application
      13.4.1. Competition
      13.4.2. Training
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Track Bicycle Market Size and Volume Forecast by Type
      13.7.1. Carbon Fiber
      13.7.2. Aluminium Alloy
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Track Bicycle Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Track Bicycle Market: Market Share Analysis
   14.2. Track Bicycle Distributors and Customers
   14.3. Track Bicycle Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Look Cycle
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Evans Cycles
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Koga
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Cinelli
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Trek Cycles
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Planet X
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Cervelo
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Avanti
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Crochard-bike
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Felt
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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