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Carbon Fiber Bike Wheelset Market Size - By Wheelset, By Bicycle, By Application, By Distribution Channel, Analysis, Share, Growth Forecast, 2025 - 2034

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Carbon Fiber Bike Wheelset Market Size

The global carbon fiber bike wheelset market size was valued at USD 697.3 million in 2024 and is projected to grow at a CAGR of 3.4% between 2025 and 2034. The growing international interest in eco-friendly commuting options, paired with the evolution of cycling competitions, has resulted in the widespread adoption of bicycle wheels that can withstand harsh different surfaces while being lightweight. Any material such as carbon fiber raises the level of professionalism, thus meeting the needs of both amateur and professional riders. Increased utilization of multiple surfaces alongside rider innovations in aerodynamics supplements the expansion even further.
 

Carbon Fiber Bike Wheelset Market

As of June 2022, Fulcrum released the Sharq Wheelset, which features a wavy rim profile alongside a focus on aerodynamics to increase performance under a greater assortment of weather conditions. With this product being the first of its kind to be released, it serves a dual purpose of augmenting performance on a variety of surfaces while also acting as Fulcrum’s entry and foothold into the all-road segment.
 

The growth of further glazing options for tires to suit an array of surfaces such as gravel, spokes, and many others has led consumers to search more for high-quality components to suit their style, which in turn drives the need for performance-augmenting components even further. These days, a lot of cyclists are worried about comfort and aesthetics which is why they seek for multiple components across the depths of a rim or spoke type.
 

In October 2024, Hypetex and wheel brand Parcours began constructing what is believed to be the first pair of bike wheels made from colored carbon fiber. Gold in color, the wheels made from the proprietary Zlatan unidirectional carbon fiber material are said to be high-performance and lightweight in ways that make traditional painting unnecessary.
 

Carbon Fiber Bike Wheelset Market Trends

The shifts towards aerodynamics and lightweight designs and parts such as wheels that are specifically made for improved speed and efficiency. Flexibility and durability have become attainable thanks to advances in materials and other modes of manufacturing. The emergence of social awareness has propelled the quest for more eco-friendly practices while the advance of technology keeps improving wheels without extra weight being added to them.
 

However, the mass market remains unable to afford high-quality wheels due to exorbitant levels of production costs, meaning a vast majority of cyclists cannot access them. The high resource level investments needed for carbon fiber wheels often restrict their market adoption since they are priced highly for only a certain number of people.
 

Furthermore, carbon fiber wheels are more vulnerable to damage and stronger impacts than aluminum ones, making them harder to use in rough terrains. Due to the weight being crucial when looking for bike wheels, this sometimes makes cyclists choose cost-effective options instead without having to think about durability first. Now, wide acceptance and growth of bicycle sales in mainstream demographics are a few of the challenges that need to be resolved ahead.
 

Carbon Fiber Bike Wheelset Market Analysis

Carbon Fiber Bike Wheelset Market Size, By Wheelset, 2022 - 2034 (USD Million)
  • In terms of wheelset, the market encompasses clincher, tubular, and tubeless. Clincher wheels were able to grow to around 45% of the carbon fiber bike wheelset market share in 2024, a figure set to forecast to rise to over USD 400 million by the year 2034.
     
  • The advancement of carbon fiber as a preferred material has revolutionized the production of clincher wheels to a degree where they're easier to use and considerably more durable. Clincher who encounters frequent flats will better appreciate the availability of tubeless-ready clincher wheels, which eliminate the need for bicycle tubes, providing the user with a better experience overall.
     
  • Clincher are increasingly adopting tubeless-compatible clincher wheels thanks to their superior air retention and compatible tire pressure, which eliminates the risk of punctures. This newfound technology allows lower tire pressure, eliminating rolling resistance, and so it becomes clear why such technology is favored in endurance and gravel cycling, where the risk of injury needs to be minimized in the best manner possible.
     
Carbon Fiber Bike Wheelset Market Share, By Bicycle, 2024
  • Based on the bicycle, the carbon fiber bike wheelset market is divided into road bikes, mountain bikes, hybrid bikes, and e-bikes. The road bikes segment held 36% of the market share in 2024.
     
  • The advent of newer performance wheels with improved speed and efficiency has made carbon fiber wheelsets very appealing to road cyclists. At this point performance wheels are not much off the shelf. Apart from being relatively stiffer and lightweight, these have superior handling manners and better acceleration. With the introduction and incorporation of more sophisticated technologies like disc brakes, the enhancement of reflecting performance also further adds to the interest and market appeal of these mechanisms.
     
  • As motors and batteries make bicycles heavier, the demand for lighter and more efficient components has also increased, facilitating the growing popularity of e-bikes further, or putting it in other way, carbon fiber wheelsets. Carbofiber wheels when put on a bike not only increase the power transfer but also improves its geometry which means that the bike can go faster with better comfort and in general more pleasurable riding experience which certainly is an add on for e-bike fans.
     
China Carbon Fiber Bike Wheelset Market, 2022 – 2034, (USD Million)
  • In 2024, the Asia Pacific region accounted for a carbon fiber bike wheelset market share of 35% and is expected to exceed USD 350 million by 2034. Given the increasing popularity of cycling, both as an activity and a hobby, the Chinese market is beginning to gravitate towards high-end cycling parts. As the market cushions e bikes, the demand for new age and reliable wheelsets that ensure comfort while also increasing revolves at higher speeds is also on the rise, and so is the use of carbon fiber wheels by most biking/show cycling enthusiasts and professionals that require lightweight options.
     
  • There’s an increasing demand for carbon fiber wheels market, as professionals and biking enthusiasts require lightweight but durable options. With more and more cyclists moving towards e-bikes, there appears to be a rising trend of adjunct wheelset requirements.  There is an increase in the intermediate and advanced range of cycling components in North America, most notably in competitive cyclists and enthusiasts. Performance cycling is advancing in popularity; hence there’s a growing preference for lightweight, streamlined wheelsets. Also, e-bikes and gravel are strong factors for the growth of the quality carbon fiber products market, which deliver greater comfort, durability, and performance.
     
  • In Europe, both professional cyclists, as well as untrained individuals, are increasingly making use of high-end bicycle components, Furthermore, thanks to the increased popularity of e bikes, there also appears to be a heightened demand for lightweight but durable wheelsets. Moreover, the integration of disc brakes and better aerodynamics on bicycles has encouraged greater adoption of aerodiynamic wheels by cyclists in Europe.
     

Carbon Fiber Bike Wheelset Market Share

  • Camagnola, Shimano, and DT Swiss collectively held a substantial market share of 21% in the carbon fiber bike wheelset industry in 2024. Camagnolo is a trusted brand known for its premium carbon fiber wheels, especially in the high-performance cycling industry. The brand’s focus is on aerodynamics, durability, and precision engineering while tailoring to athletes and followers of cycling. Other than that, the Bora and Shamal series of wheelsets differentiate themselves through their advanced concepts and functionality in regard to competitive cycling, more specifically professional cycling tournaments, which include cycling and triathlon events.
     
  • Moreover, Shimano is another leading brand who’s able to offer essential components like drivetrains, which give their Ultegra and Dura Ace wheels unmatched longevity combined with aerodynamics and an exquisite ease of handling, essential for an ideal road cyclist. They have a firm grip on the niche of carbon wheelset engineering by merging cutting-edge innovation, quality engineering, and high-end reliability together, making them popular among cyclists.
     

Carbon Fiber Bike Wheelset Market Companies

Major players operating in the carbon fiber bike wheelset industry are:

  • Camagnola
  • DT Swiss  
  • ENVE
  • Fulcrum Wheels
  • HED Cycling Products
  • Mavic
  • Reynolds Cycling  
  • Roval Components  
  • Shimano
  • Zipp  
     
  • The carbon fiber bike wheelsets market is characterized by stiff competition among established manufacturers and new entrants seeking to meet the increasing consumer demand for lightweight and efficiently designed cycling components to augment performance. Established players seek to bring high quality wheelsets to the market, combining strength, aerodynamic drag and weight.
     
  • These firms allocate substantial resources for cutting edge production technologies, resin systems and precise moulding, targeting both volume and performance of their carbon fiber offerings. Their strategies generally involve advertising by professional cycling teams and sponsoring large cycling events to increase brand awareness and confidence in their products.
     

Carbon Fiber Bike Wheelset Industry News

  • In November 2024, Dandy Horse debuted its new Double Hook Rim Technology for its 2025 range of wheelsets, signaling a shift away from the traditional hookless design. The technology, like almost all modern innovations, aims to improve safety and reliability even for cyclists riding gravel and all-road bicycles by mitigating the chances of a flat tire, which ultimately translates into a better riding experience for the end user.
     
  • In October 2024, ENVE completed the major revamp of its M-series carbon wheels which had been used four years of development using elite athletes and are now incorporating performance enhancing features into its range of products. This range is extensively modified for mountain biking purposes whether it is cross country riding or downhill racing for professional bikers because it tends to enhance ride quality in their carbon wheels that are specially manufactured to ensure increased durability, toughness, optimized, overall ride comfort, and seamless bottomless performance.
     

The carbon fiber bike wheelset market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($Mn) and volume (Units) from 2021 to 2034, for the following segments:

Market, By Wheelset

  • Clincher
  • Tubular
  • Tubeless

Market, By Bicycle

  • Road bikes
  • Mountain bikes
  • Hybrid bikes
  • E-bikes

Market, By Application

  • Professional racing
  • Recreational cycling
  • Commuting
  • Off-road/trail riding

Market, By Distribution Channel

  • Online
  • Offline

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
    • Nordics
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Preeti Wadhwani, Satyam Jaiswal
Frequently Asked Question(FAQ) :
How big is the carbon fiber bike wheelset market?
The market size of carbon fiber bike wheelset reached USD 697.3 million in 2024 and is projected to grow at a 3.4% CAGR from 2025 to 2034, led by increasing demand for eco-friendly commuting and advancements in cycling competitions.
What is the size of the clincher segment in the carbon fiber bike wheelset industry?
How much is the Asia Pacific carbon fiber bike wheelset market worth?
Who are the major players in the carbon fiber bike wheelset industry?
Carbon Fiber Bike Wheelset Market Scope
  • Carbon Fiber Bike Wheelset Market Size
  • Carbon Fiber Bike Wheelset Market Trends
  • Carbon Fiber Bike Wheelset Market Analysis
  • Carbon Fiber Bike Wheelset Market Share
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    Base Year: 2024

    Companies covered: 21

    Tables & Figures: 200

    Countries covered: 22

    Pages: 180

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