Bicycle Carbon Wheel Market

By Type;

81mm Carbon Wheel and 59mm Carbon Wheel

By Wheelset;

Clincher, Tubular, and Tubeless

By Bicycle;

Road Bikes, Mountain Bikes, Hybrid Bikes, and E-Bikes

By Application;

Road & Track and Mountain & Cross-Country

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn595987740 Published Date: August, 2025 Updated Date: September, 2025

Bicycle Carbon Wheel Market Overview

Bicycle Carbon Wheel Market (USD Million)

Bicycle Carbon Wheel Market was valued at USD 1150.16 million in the year 2024. The size of this market is expected to increase to USD 1846.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.


Bicycle Carbon Wheel Market

*Market size in USD million

CAGR 7.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.0 %
Market Size (2024)USD 1150.16 Million
Market Size (2031)USD 1846.91 Million
Market ConcentrationMedium
Report Pages373
1150.16
2024
1846.91
2031

Major Players

  • Giant Bicycles
  • Mavic
  • Zelvy
  • Zipp Speed Weaponry

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Bicycle Carbon Wheel Market

Fragmented - Highly competitive market without dominant players


The Bicycle Carbon Wheel Market is witnessing strong growth as cyclists demand superior performance, speed, and durability. Nearly 48% of professional riders now prefer carbon wheels for their lightweight design and aerodynamic efficiency, helping to boost adoption across both competitive and recreational cycling sectors.

Key Drivers Accelerating Growth
The shift toward lightweight and aerodynamic designs is a major growth factor. Reports indicate that almost 45% of performance-focused cyclists invest in carbon wheels to enhance riding speed and reduce fatigue. Their stiffness and low rolling resistance make them an essential upgrade for long-distance and racing activities.

Expanding Adoption Among Enthusiasts
Carbon wheels are no longer limited to professionals. Nearly 40% of cycling hobbyists have adopted them for better ride quality and stylish aesthetics. This transition from niche equipment to mainstream cycling gear reflects rising consumer interest and a broadening demand base.

Technological Advancements Boosting Performance
Innovative features like tubeless compatibility and enhanced braking surfaces are reshaping consumer preferences. Surveys show that close to 44% of cyclists seek technologically advanced carbon wheels for improved control, safety, and long-lasting performance benefits.

Premium Branding and Sustainability Outlook
The Bicycle Carbon Wheel Market is also benefiting from sustainability initiatives and premium positioning. Manufacturers are increasingly adopting eco-friendly materials, with nearly 38% of consumers favoring brands that combine performance with environmental responsibility, strengthening the overall industry outlook.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Wheelset
    3. Market Snapshot, By Bicycle
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Bicycle Carbon Wheel Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing cycling interest boosts carbon wheel demand
        2. Enthusiasts prefer carbon wheels for better performance
        3. Carbon wheels are lighter, enhancing bike efficiency
        4. Professional cycling events promote carbon wheel benefits
      2. Restraints
        1. Limited carbon fiber availability slows production
        2. Safety concerns about carbon wheel failures
        3. Lack of awareness about carbon wheel benefits
      3. Opportunities
        1. Partnerships with cycling events boost brand visibility
        2. Smart technology integration enhances functionality
        3. E-commerce channels broaden market access
        4. Sustainable manufacturing appeals to eco-conscious consumers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Bicycle Carbon Wheel Market, By Type, 2021 - 2031 (USD Million)
      1. 81mm Carbon Wheel
      2. 59mm Carbon Wheel
    2. Bicycle Carbon Wheel Market, By Wheelset, 2021 - 2031 (USD Million)

      1. Clincher

      2. Tubular

      3. Tubeless

    3. Bicycle Carbon Wheel Market, By Bicycle, 2021 - 2031 (USD Million)

      1. Road Bikes

      2. Mountain Bikes

      3. Hybrid Bikes

      4. E-Bikes

    4. Bicycle Carbon Wheel Market, By Application, 2021 - 2031 (USD Million)
      1. Road & Track
      2. Mountain & Cross-Country
    5. Bicycle Carbon Wheel Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Giant Bicycles
      2. Mavic
      3. Zelvy
      4. Zipp Speed Weaponry
  7. Analyst Views
  8. Future Outlook of the Market