Bike Wheels Market, Global Outlook and Forecast 2023-2029

A bike wheel is a wheel, most commonly a wire wheel, designed for a bike. A pair is often called a wheelset, especially in the context of ready built "off the shelf" performance-oriented wheels.
Bike Wheels are typically designed to fit into the frame and fork via dropouts, and hold bicycle tires.
This report mainly covers sports bicycles, excluding Bicycle-sharing and ordinary bicycles for transportation. The main applications covers Road Bike, Mountain Bike, Gravel/Cyclo-cross Bike, Track Bike and so on.
This report aims to provide a comprehensive presentation of the global market for Bike Wheels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bike Wheels. This report contains market size and forecasts of Bike Wheels in global, including the following market information:
Global Bike Wheels Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Bike Wheels Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Bike Wheels companies in 2022 (%)
The global Bike Wheels market was valued at US$ 2151.5 million in 2022 and is projected to reach US$ 2505.7 million by 2029, at a CAGR of 2.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Bike Wheels key players include URSUS, Syncros (Scott Sports), CADEX (Giant), VISION via FSA, etc.
From the view of the region, Asia-Pacific has a larger market share which accounts for more than 45%, will witness stable growth in the following years. Europe holds a market share about 25%, which will still play an important role and cannot be ignored. Any changes from North America might affect the development trend of Bike Wheels. Other Regions also play important roles in the global market, but they will witness a comparatively big market share in the future.
According to the Segmentation of types, all the market of Bike Wheels can be divided as follows: 
The first kind is Alloy Wheel, it holds a comparatively larger share in global market, which accounts for about 65%. Another kind is Carbon Wheel, for many companies, the Carbon Wheel is attractive because of the market consumption need in the future. Carbon Wheel shares the rest 35% market share.
In terms of application, Road bike dominates this market and occupies over 40% of the total share. Besides, Mountain bike and other applications also play an important role in the market.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bike Wheels manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bike Wheels Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Bike Wheels Market Segment Percentages, by Type, 2022 (%)
    Alloy Wheels
    Carbon Wheels
Global Bike Wheels Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Bike Wheels Market Segment Percentages, by Application, 2022 (%)
    Road Bike
    Mountain Bike
    Gravel/Cyclo-Cross Bike
    Track Bike
    Others
Global Bike Wheels Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Bike Wheels Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bike Wheels revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bike Wheels revenues share in global market, 2022 (%)
Key companies Bike Wheels sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Bike Wheels sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    URSUS
    Syncros (Scott Sports)
    CADEX (Giant)
    VISION via FSA
    HollowGram (Cannondale)
    Roval (Specialized Bicycles)
    SPINERGY
    Sensa Supra
    Ambrosio
    Halo Wheels
    Yishun Bike
    Miche
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bike Wheels, market overview.
Chapter 2: Global Bike Wheels market size in revenue and volume.
Chapter 3: Detailed analysis of Bike Wheels manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bike Wheels in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bike Wheels capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.