Market Overview:
The global track bike 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 enthusiasts, rising awareness about health and fitness, and technological advancements in track bikes. The global track bike market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into carbon fiber and aluminum alloy. Carbon fiber-based track bikes are more expensive than aluminum alloy-based ones but are lighter in weight and offer better performance. On the basis of application, the market is divided into competition cycling, training cycling, and others (such as leisure cycling). Competition cycling dominates the global track bike market owing to its growing popularity among professional cyclists as well as amateurs alike for racing purposes.
Product Definition:
Track bike is a bicycle designed for track cycling. The importance of track bike is that it provides an aerodynamic advantage and allows the rider to cycle in a more upright position, which is better for racing.
Carbon Fiber:
Carbon fiber is a very strong, lightweight and resilient material. It has many properties that make it stand out from other composites used in the manufacturing of bikes. Some of its key features are high tensile strength, low thermal expansion coefficient, high temperature tolerance and low weight as compared to metals like aluminum or steel.
Aluminium Alloy:
Aluminum alloys are materials consisting of two or more metals that share a common property. The most commonly used aluminum alloys include cast and wrought. Track bikes are made using various types of aluminum alloys such as extrusions, tubing, and even carbon fiber.
Application Insights:
On the basis of application, the global track bike market is segmented into competition, training and others. The competition segment held a major share in 2017 as it was widely preferred for sports such as road racing, time trial and criteriums. Road cycling events such as Tour de France are dominated by this sport due to its high aerobic demand along with strength requirement.
The training application segment is expected to grow at a rapid pace over the forecast period owing to increasing participation levels in fitness centers worldwide. Fitness centers mainly use track bikes for cardiovascular exercise which helps improve endurance and stamina required during workout sessions. Furthermore, indoor cycling classes are also offered on these bikes which attract more customers towards this type of bike resulting in higher demand globally over the forecast period. Increasing popularity of indoor cycling has resulted in increased number of fitness center construction across developed countries including U.S.
Regional Analysis:
Asia Pacific dominated the global track bike market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing popularity of cycling as a sport, growing disposable income of middle-class population, and government initiatives encouraging people to adopt a healthy lifestyle. China has been hosting several international competitions including Track Cycling World Championships (TWWC) since 2008. Moreover, it has also established an Olympic Committee for this sport which will help in developing infrastructure and attracting more participants for track cycling events. Increasing number of professional cyclists from Asian countries is another factor contributing toward regional growth.
Growth Factors:
- Increasing popularity of track cycling as a sport
- Growing number of track cycling events and competitions
- Rising demand for premium quality track bikes
- Proliferation of online stores that sell track bikes
- Increasing number of people taking up cycling as a hobby or form of exercise
Scope Of The Report
Report Attributes
Report Details
Report Title
Track Bike Market Research Report
By Type
Carbon Fiber, Aluminium Alloy
By Application
Competition, Training, Others
By Companies
Koga, Look Cycle, Dedacciai, Cinelli, Cobra, Velodrome, Dolan, R&A Cycles, Fuji, HOY, BMC, Cannondale
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Track Bike Market Report Segments:
The global Track Bike market is segmented on the basis of:
Types
Carbon Fiber, Aluminium Alloy
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:
- Koga
- Look Cycle
- Dedacciai
- Cinelli
- Cobra
- Velodrome
- Dolan
- R&A Cycles
- Fuji
- HOY
- BMC
- Cannondale
Highlights of The Track Bike Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carbon Fiber
- Aluminium Alloy
- By Application:
- Competition
- Training
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Track Bike 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Track bikes are bicycles specifically designed for use on a track. They typically have a slimmer frame and higher handlebars than road bikes, making them more aerodynamic and responsive. Track bikes are also often equipped with wider tires and stiffer frames to provide better traction on the track surface.
Some of the key players operating in the track bike market are Koga, Look Cycle, Dedacciai, Cinelli, Cobra, Velodrome, Dolan, R&A Cycles, Fuji, HOY, BMC, Cannondale.
The track bike market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Track Bike 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 Bike Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Track Bike Market - Supply Chain
4.5. Global Track Bike Market Forecast
4.5.1. Track Bike Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Track Bike Market Size (000 Units) and Y-o-Y Growth
4.5.3. Track Bike Market Absolute $ Opportunity
5. Global Track Bike 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 Bike Market Size and Volume Forecast by Type
5.3.1. Carbon Fiber
5.3.2. Aluminium Alloy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Track Bike 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 Bike 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 Bike 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 Bike 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 Bike 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 Bike 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 Bike Demand Share Forecast, 2019-2026
9. North America Track Bike 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 Bike 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 Bike 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 Bike Market Size and Volume Forecast by Type
9.7.1. Carbon Fiber
9.7.2. Aluminium Alloy
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 Bike Demand Share Forecast, 2019-2026
10. Latin America Track Bike 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 Bike 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 Bike 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 Bike Market Size and Volume Forecast by Type
10.7.1. Carbon Fiber
10.7.2. Aluminium Alloy
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 Bike Demand Share Forecast, 2019-2026
11. Europe Track Bike 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 Bike 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 Bike 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 Bike Market Size and Volume Forecast by Type
11.7.1. Carbon Fiber
11.7.2. Aluminium Alloy
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 Bike Demand Share, 2019-2026
12. Asia Pacific Track Bike 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 Bike 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 Bike 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 Bike Market Size and Volume Forecast by Type
12.7.1. Carbon Fiber
12.7.2. Aluminium Alloy
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 Bike Demand Share, 2019-2026
13. Middle East & Africa Track Bike 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 Bike 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 Bike 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 Bike Market Size and Volume Forecast by Type
13.7.1. Carbon Fiber
13.7.2. Aluminium Alloy
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 Bike Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Track Bike Market: Market Share Analysis
14.2. Track Bike Distributors and Customers
14.3. Track Bike Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Koga
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Look Cycle
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dedacciai
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. Cobra
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Velodrome
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dolan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. R&A Cycles
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fuji
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HOY
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. BMC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Cannondale
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
