A racing bicycle is a bicycle designed for competitive road cycling, a sport governed by according to the rules of the Union Cycliste Internationale (UCI). The UCI rules were altered in 1934 to exclude recumbent bicycles.
The most important characteristics about a racing bicycle are its weight and stiffness which determine the efficiency at which the power from a rider's pedal strokes can be transferred to the drive-train and subsequently to its wheels. To this effect racing bicycles may sacrifice comfort for speed. The drop handlebars are positioned lower than the saddle in order to put the rider in a more aerodynamic posture. The front and back wheels are close together so the bicycle has quick handling. The derailleur gear ratios are closely spaced so that the rider can pedal at their optimum cadence. Other racing bicycles, especially those used in time trialling, prioritize aerodynamics over comfort.
Due to the COVID-19 pandemic, the global Racing Bicycles market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Racing Bicycles market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Racing Bicycles landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Road Bikes accounting for % of the Racing Bicycles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Bicycle Racing segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Racing Bicycles include Giant Bicycle, Merida Bike, Battle-FSD, Trek Bike, XDS, Shen Ying Biking, Look Cycle, Marmot Bike and Cube Bike, etc. In terms of revenue, the global 3 largest players have a % market share of Racing Bicycles in 2021.
This report focuses on Racing Bicycles volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Racing Bicycles market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Racing Bicycles Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Road Bikes
Mountain Bikes
Others
Segment by Application
Bicycle Racing
Bicycle Touring
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Giant Bicycle
Merida Bike
Battle-FSD
Trek Bike
XDS
Shen Ying Biking
Look Cycle
Marmot Bike
Cube Bike
Colnago
SOLOMO
Kestrel Bicycles
Storck Bicycle
Tyrell Bicycle
De Rosa
DAHON
Pinarello
Canyon
Felt Cycles
Ellsworth Bike