Triathlon Bikes Market

Triathlon Bikes Market Size

The global triathlon bikes market size was estimated at USD 2.29 billion in 2024. The market is expected to grow from USD 2.37 billion in 2025 to USD 3.7 billion in 2034, at a CAGR of 5.1%.

• The rapid evolution in the triathlon bike market and the rapid pace of change of its adoption is due to the advancements in technology. The new bike developments are changing triathlon bikes from performance equipment into durable, beautifully engineered endurance machines.
  
• Engineers are building new triathlon bikes to assist triathletes throughout their training journeys. The aim of the manufacturers behind this development is to focus on integrating carbon fiber frames that minimize drag and integrated hydration systems, as well as electronic shifting with ethical cockpit designs that maximize rider efficiency and comfort.
  
• Rising numbers of triathlon training communities and clubs are also leading to increasing participation and sustained growth in the triathlon bike market. USAT reported that in 2024, the number of triathletes grew by around 14%, with maximum participants being youth and high school teams for club memberships. From region to region, the growing appeal of endurance sports has led to more local clubs and online training communities, as well as coaching platforms available for amateur and semi-pro triathletes.
  
• In February 2023, Super League Triathlon made its first move into the US by acquiring the major events of the New York and Chicago Triathlons to help grow grassroots participation and build a national platform for short-course racing.
  
• The pandemic brought about a significant push for the active outdoor solo activity of endurance sports and ultimately contributed to the growing participation in triathlons as part of physically distanced fitness activities. All factors combined caused a surge in demand for training gear, including triathlon bikes, smart trainers, and power meters. Most manufacturers, around the pandemic, began to use multiple distribution channels and continued to deliver their products through physical retail and consumer-direct-online sales channels to facilitate the continued demand for digital access.
  
• The high-performance bike segment is the largest segment in the triathlon bikes market, driven by elite athletes and serious amateurs who invest in high-end materials, lightweight components, and new aerodynamic designs. The high-performance bike segment remains focused on innovative product releases and increased brand loyalty with each countdown to an Ironman race through athlete sponsorships.
  
• North America is the largest regional market in the world, due to high participation in endurance and multisport events such as triathlons. This is due to the strong regional, competitive local scene, the presence of manufacturers and sponsors, and others. In March 2025, Supertri acquired the Toronto Triathlon Festival, strengthening its presence in North America. The acquisition is expected to drive demand for triathlon bikes and support age-group athlete development and outcomes in their competitive triathlon ecosystem.
  
• Asia-Pacific is expected to grow at a significant rate in the triathlon bikes market. The growth is driven by increased exercise and health awareness, growing middle-class incomes, and a rise in participation in amateur and professional multi-sport events. Countries including China, Japan, and Australia are experiencing an increased number of participants in triathlons and local governments, and private companies are responding to increased participation and enthusiasm for triathlons by investing in roads for cyclists, sponsoring, developing and sustaining infrastructure and host a sustainable event calendar, and supporting training academies.
  

Triathlon Bikes Market Trends

• Technological advancement in triathlon bikes is redefining the performance standards in triathlon bike design along with other factors such as aerodynamics, lightweight, and integrated features while adding complexity. This is being led by aero-designed triathlon bikes and other trends accelerated by the new next-gen bikes with carbon-fiber frames with hidden storage with optimized geometry. This trend can be majorly found in the improvement in triathlon bike design and advancements at the lower levels of performance, as the demands of elite competitions and the mainstream demands of amateur athletes grow.
  
• In September of 2023, BMC and Red Bull launched the Speedmachine F1-inspired triathlon bike, brandishing some pioneering aerodynamics and low drag as well as a travel-friendly, lighter frame and improved speed and handling.
  
• Factors such as personalized fitting and bike customization are emerging as powerful differentiators in consumer purchase behavior. This trend is not only now exploiting an area of consumer preference but is also representing performance gains to avoid injury. This will also provide the overall rider comfort, especially with the idea of using the bike for endurance performance. There is rising demand for custom geometry, component choice, and ergonomic accessories among elite athletes and amateur consumer segments.
  
• In September 2023, Canyon launched the limited-edition Speedmax CFR Moonshot co-built with Jan Frodeno, which offered custom cockpit ergonomics, premium components, and a limited-edition "Moonshot" design with features aimed at celebrating and ultimately embracing the custom high-performance triathlon bike additions culture trend.
  
• The emergence and continued development of digital training platforms are disrupting the triathlon training ecosystem, which includes developments in bike design, features and functionality. Companies such as Zwift, Wahoo SYSTM and TrainingPeaks have made structured indoor triathlon bike training easy and accessible to many more.
  
• Organizations are now embedding power meters, smart sensors, and app cross-sharing features into their bikes, and people are using them to get real-time feedback on their performance and create opportunities for virtual racing. In July 2024 Zwift partnered with TriDot to launch its first Zwift Link integration, allowing athletes to link training plans and sync workout data seamlessly between both platforms, ultimately enabling more effective and immersive triathlon training.
  
• Sustainability and environmentally friendly materials have been rising in triathlon bike manufacturing, thus attracting consumers and conforming to the decisions made by governing bodies. This can be seen in companies such as BMC and Scott Sports, who are actively using recycled carbon and eco-friendly packaging in their bike lines to a strong push from environmentally conscious consumers and ESG-focused goals. Thus, as sustainability becomes a brand value to differentiate itself, it's likely to impact both procurement and design decisions.
  
• In July 2024, igus introduced its first fully recyclable plastic bicycle frame for e-bikes, developed with advanced bikes. The lightweight 3.3 kg recyclable frame is made from high-performance plastics and carbon fiber and supports the ideals of circular mobility and sustainability as well as importantly providing corrosion resistance and durability.
  

Triathlon Bikes Market Analysis

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Based on frame material, the triathlon bikes market is divided into carbon fiber, aluminum, titanium, and steel. The carbon fiber frame material segment dominated the triathlon bikes market, accounting for around 55% in 2024. The segment is expected to grow at a rate of over 5.5% during the forecast period.

• Carbon fiber frames dominate the frame material segment of the triathlon bicycles market due to their superior strength-to-weight ratio, stiffness, and aerodynamic benefits. While carbon fiber models are mostly used by professional and elite athletes due to their advantages for speed and performance, it is the only segment that is producing higher quality bikes and which has the potential to reduce the weight and improve the aerodynamics for elite cyclists such as Canyon, Cervélo, Specialized. The segment dominates the market due to a higher average retail price but also consumer interest in high performance bicycles.
  
• Aluminum is expected to grow at a significant rate of around 4.5% during the forecast period. A major advantage of aluminum frames comes from their affordability as compared to carbon frames, and their durability and relatively low weight compared to steel or other carbon frames. Aluminum frames are attractive for all entry level or intermediate triathlete purchase to achieve good performance with these lesser expensive bikes rather than paying for a carbon frame.
  
• Since community races and entry-level triathlon participation is continuing to grow, the demand for bicycles with aluminum frames is also rising. The appeal of aluminum bikes is also beneficial for less affluent triathlons in emerging markets and for younger cyclists who are also focused on performance.
  
• Titanium and steel frames are more niche. Titanium represents a balance between strength, comfort and durability, but costs make it much less viable both in price and mass production. Steel is known for its durability, has a degree of comfort over long distances, but suffers in weight and aerodynamics. Both materials have more traction from builders who do custom bikes and have a greater appeal to long-distance cyclists rather than those who participate in traditional triathlon segments.
  
• In June 2023, CUBE launched the Aerium C:68X, a triathlon bike equipped with a lightweight, carbon frame, better aerodynamics, and more customizable cockpit design to fit different riders. The bike was co-developed with professional athletes. The bike consisted of integrated hydration as well as storage to ensure exceptional performance on race day.

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Based on distribution channel, the triathlon bikes market is segmented into offline and online. The offline distribution segment dominates the market with 80% share in 2024, and the segment is expected to grow at a rate of over 4.5% from 2025 to 2034.

• Offline distribution holds a significant share of the distribution channel segment of the triathlon bike market, and includes specialty bike stores, brand outlets and triathlon expo. In-person retail locations are preferred by buyers as they provide the required fittings, test riding and expert advice, considering a larger investment. Brand leaders including Trek, Specialized, and Cervélo rely heavily on independent dealers and brand-owned showrooms to support quality customer experience and direct customer service to consumers as a post-sale service.
  
• In May 2023, Trek came out with TrekFest India. During this they promoted specified bikes with a promotional discount offer of up to 20% with the aim of pushing people to participate in and buy from their authorized bike retail stores.
  
• The online distribution channel is expected to grow at a significant rate. Brands such as Canyon and Quintana Roo are direct-to-consumer (DTC) digital pioneers in this space, providing complete digital experiences including 3D bike fitting solutions, online consultations, and doorstep delivery. Online channels cater to a larger geography of consumers inclusive of price-sensitive buyers. The growth in the online channels is gaining momentum, which is evident from the growth of e-commerce platforms, especially post-pandemic.
  

Based on bikes, the triathlon bikes market is segmented into road triathlon bikes, time trial bikes, and hybrid triathlon bikes. The road triathlon bikes segment held a market share of over 45% in 2024 and the segment is expected to grow at CAGR of around 4.5% from 2025 to 2034.

• Road triathlon bikes are the dominant segment, driven by their aerodynamic design, light-weight carbon fiber frame, and their usage for most competitive racing events. These bikes are majorly used by professional athletes at events such as the Ironman World Championship, making these bikes synonymous with top tier racing for both elite and beginning triathletes. Established brands such as Canyon, Cervélo, and Trek offer upgrades on a regular basis related to performance and speed, becoming the premium product in this motorcycle category.
  
• In September 2024, Laura Philipp won the IRONMAN World Championship in Nice on Canyon's Speedmax CFR, with a newly designed pro-only carbon "cockpit" designed to improve aerodynamics and control on hilly terrains.
  
• Hybrid triathlon bikes are expected to grow at a significant rate, driven by the growth in hybrid bikes, majorly from growing consumer demand for cycling activities. With this, more and more triathlete participants are thinking about biking for recreation and/or commuting.
  
• These hybrid bikes offer a combination of road performance and user-friendly geometry, casual fitness riding, and even recreational commuting. With larger brands including Giant, and Specialized putting money and effort into this hybrid segment, they are investing in and developing optimal configurations and a range of custom fits to take advantage of this opportunity in the market.
  
• Time trial bikes capture a significant section of the bike market due it their engineered geometrical precision and adjustment of seating position for individual rides in a race, or a timed event. These bikes are designed for and used almost exclusively by professional athletes and professional teams. The time trial bikes are regularly used by established triathlete participants. Their frequent upgrades include composite designed integrated hydration systems and engineered gear equipment.
  

Based on the end use, the triathlon bikes market is segmented into professional and amateur. The professional segment dominates the market. The amateur segment held a market share of over 65% in 2024 and the segment is expected to grow at CAGR of around 4% from 2025 to 2034.

• The amateur segment holds a significant share and is also expected to grow at a significant rate during the forecast period. The segment growth is fueled by a rise in recreational triathlons, active community events, and health and fitness participation by organizations at every level of age and skill.
  
• The ease of access due to lower cost of entry-level triathlon bikes, easier access to finance, and the rise of bike clubs and local races all contribute to the growth. The rise of triathlon academies, along with online and virtual training programs, is part of that growth in making the sport more appealing for non-professionals.
  
• Professional athletes and elite triathletes continue to represent the end-use segment of the triathlon bikes market by being early and high adopters of high-performance bikes that are designed for aerodynamics, weight, and speed. These users require the latest components, have wind tunnel tested frames, and can fit any of the bikes.
  
• In February 2025, Quintana Roo became the first brand to join the IRONMAN Bike Partner Program, with the exclusive Ironman V-PRi bikes for IRONMAN course locations. It also included onsite support and pre-race services, which offered custom service at any IRONMAN event anywhere in the world. This program engagement for Quintana Roo means the company will further deepen connections to the highest-performing athletes.

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The US accounted for around 80% share in triathlon bikes market generating revenue of USD 652.7 million in 2024.

• The US led the triathlon bike market due to the sheer number of triathlon athletes in the country and the frequency of triathlon events like IRONMAN racing and USA Triathlon races. The USA Triathlon Organization stated that in 2024, the country had more than 302,000 active and unique members registered, showcasing a rise of around 1.6% than in 2023. The access to triathlons at numerous times each year, alongside IRONMAN and USA Triathlons, ensures everyday participation to keep fueling the demand for high-performance bikes and gear that fits their needs.
  
• The country has a well-established retail infrastructure with premium bike shops, branded showrooms, and certified service centers that improve the ability for offline sales. This is enhanced by leading retailers using direct-to-consumer models like Trek and Specialized. The increasing rate of technological advancements reported by US manufacturers or those focused on this market, with carbon fiber frame builds, better aerodynamically optimized frame geometry, improved digital fitting tools continues to drive the country’s dominance.
  
• The rise of women and youth participation in triathlons is also supporting the rise of training clubs and ecosystem of digital fitness. This is encouraging an increasingly wider base of consumers to adopt the lifestyle, helping the country become the largest user of these bikes.
  
• In February 2023, USA Triathlon engaged A2 Bikes as its official bike partner, whilst also providing the Speed Phreak model to athletes through offline retailers and also providing professional fitting and service support.
  
• Canada is also observing a steady growth in the triathlon bikes market, resulting from its continual involvement in endurance sports, growing triathlon clubs, and an increase in the number of amateur athlete competitions in various provinces such as British Columbia, Ontario, and Quebec.
  
• Government programs emphasizing active lifestyles and a growth in community triathlon are starting to facilitate opportunities and increase awareness and access, for amateur athletes. The market is also benefitting from a changing social perspective relating to a growing demand for lightweight and sustainable bikes. Through factors such as the improving access to bikes, Canadian consumers are also willing to embrace carbon fiber bikes and hybrid triathlon bikes.
  

The triathlon bikes market in the UK is expected to experience significant and promising growth from 2025 to 2034.

• Europe holds a significant share of the triathlon bikes market growing and is expected to grow at a rate of around 4%. This growth is backed by the region’s rising involvement in endurance sports, the ongoing growth of triathlon events, and increased capital towards performance cycling infrastructure. The cycling fraternity across Europe, coupled with EU sports funding, is heavily driving the demand for high-performance bikes. It is also estimated that in 2023, at the Ironman World Championship, the number of European triathletes stood at 54%, compared to 25% of the North American participants.
  
• The UK leads the European market because of the strength of the triathlon community, events such as the World Triathlon Championship Series in Sunderland, and a background of health and fitness activity backed by government policy. Added to this is British Cycling’s established association with high-end bike suppliers and the introduction of bike-to-work schemes, it all contributes to the consumer interest in road and time trial triathlon bikes.
  
• In August 2023, the London Triathlon partnered with the Challenge Family series, increasing the influence of local bike brands, and particularly through the urban racing and branding opportunity.
  
• Germany and France are closely behind, supported by strong local manufacturing, increasing interest in Ironman events, and successful participants from the region. Due to their success on the worldwide Triathlon stage, there is likely strong domestic consumption of carbon fiber triathlon bikes in Germany. Likewise, the recognition of triathlon now being part of the school sporting landscape in France, and the increased number of regional competitions, is engaging more youth in triathlon and thus encouraging bike purchases.
  

The triathlon bikes market in China is expected to experience significant and promising growth from 2025 to 2034.

• Asia Pacific holds a significant share of the triathlon bikes market and the region is expected to show a growth at a rate of around 6%. The growth is driven by the increasing health consciousness, fitness campaigns initiated by governments, and an increasing number of both amateur and professional triathletes. The region is thus showing great potential for performance bicycles, particularly in urban areas that are quickly growing their sports infrastructure and hosting international triathlon events.
  
• China and Japan are both very important markets in the region, with millions of people taking up recreational cycling and triathlons providing a boon to the high-end bike market as this middle-class market sector is emerging. Japan benefits from a rich manufacturing base and sport enthusiasm, ownership of local brands and domestic road events, such as the championships by the Japan Triathlon Union, help spur the road bike segment of the market.
  
• India has a growing number of people engaged in endurance sports, supported by government programs and the advocacy for fitness more broadly exemplified by Fit India. The offline channel continues to be the preferred channel of sales in India, and the online channel is showing significant growth due to increasing trend of online shopping as e-commerce penetration increases in the country.
  
• In March 2023, Firefox Bikes launched the “#RideYourFire” campaign. The campaign was launched on International Women's Day with the aim to recognize women cyclists and stand for equality. The brand was involved in Delhi's Women's Day Cyclothon and presented consumers with discounts on women's bikes online and in stores.
  
• Southeast Asian markets including Singapore, Malaysia and Thailand are emerging as growing markets due to increasing disposable incomes and regional growth in triathlon competitions. It has been observed in these countries that a majority of the population is interested in purchasing hybrid triathlon bikes and aluminum-frame bikes. This is mainly because they are more affordable and practical in urban markets. The distribution for these bikes is supported by traditional bike stores or shops and specialty bike shops.
  

The triathlon bikes market in UAE is expected to experience significant and promising growth from 2025 to 2034.

• The market in the Middle East and Africa (MEA) region is expected be fuelled by increased interest in fitness, the expansion of a community of amateur athletes, and government investment in bike and longer-distance endurance sports events.
  
• The UAE is the leader in the MEA triathlon bikes market, driven both by an established sporting culture, high discretionary earnings, and major exhibition events including Ironman 70.3 Dubai, World Triathlon Championship Series Abu Dhabi and the recent regional growth in cycling infrastructure in places such as the Al Qudra and Nad Al Sheba tracks, which are getting more and more athletes on bikes. Premium brands utilize specialist bike retailers and service centers to sell to this region.
  
• Saudi Arabia and South Africa are also expected to show a substantial growth rate in the coming years. In Saudi Arabia, the government alignment of fitness-based programs under Vision 2030, including triathlon and cycling programs for NEOM, are expected to transform their sporting landscape. South Africa has a well-established culture of endurance sports, with events such as the Cape Town Triathlon. The region is also increasingly adopting road bikes and hybrid storming triathlon bikes boosted by more local athletes and better urban cycling infrastructure.
  
• New markets such as Egypt, Kenya, and Morocco are experiencing a community-based growth in triathlons and endurance sports as local sport federations are developing cycling routes, training camps, and youth programs. These developments contribute to entry level and mid-range triathlon bike sales essentially through offline retail and the local distributors.
  
• In January 2023, Nakheel sponsored the Roy Nasr Triathlon on Dubai Islands which supported region’s participation in cycling and triathlon and enabled an offline high-stakes event.
  

The triathlon bikes market in Brazil is expected to experience significant and promising growth from 2025 to 2034.

• The triathlon bikes market in Latin America is experiencing steady growth represented by a CAGR of around 3.5% driven by the growing consumer base, participation in endurance-based sports, and a demographic that is focused on health and fitness.
  
• Brazil is at the forefront in this region due to a significant triathlon community and supportive governmental approach to a sports development agenda. In August 2023, the dual announcement of the Itaú BBA IRONMAN 70.3 Fortaleza and the IRONMAN 70.3 Latin America Championship event were made. Brazil is and will continue to be a force in endurance sports which undoubtedly opens up demand for triathlon bikes in the region.
  
• Emerging markets such as Mexico and Argentina have increased exposure to triathlon through local cycling clubs and amateur triathlons becoming the first events for many. Entry level racing events and fitness tourism are contributing to growth of this market in countries such as Colombia, Chile, and Peru. In these markets, hybrid triathlon bikes have started to gain traction because of their affordability and versatility in both urban and rural environments, providing opportunities for local brands to service dealers with local unique designs.
  

Triathlon Bikes Market Share

• The top 7 companies in the triathlon bikes industry are Giant Manufacturing, Trek Bicycle, Specialized Bicycle Components, Canon Bicycles, Argon 18, BMC Switzerland, and Cervelo Cycles contributing around 35% of the market in 2024.
  
• Giant Manufacturing is one of the largest bike manufacturers in the world. The company is known for its advanced manufacturing process and technology, and innovative performance road and triathlon bikes. The company employs a wide range of technologies in both their road and triathlon bike brands. Their Trinity series is a bike brand designed for triathletes. Triathlon bikes are the most aerodynamic bicycles available, and Giant uses the latest production technologies. Key features of the Trinity series bikes include aerodynamic frames, integrated hydration systems, and rider positions.
  
• Trek Bicycle is an American bike brand and a leader in design and manufacturing of bikes with high performance. The flagship triathlon bike model produced by Trek is their Speed Concept bike. The Speed Concept bike has a reputation for aerodynamic design, customizable fits, integrated storage, and cost effectiveness. Trek sponsors professional triathletes and professional triathlon events around the world.
  
• Specialized Bike Components is a premium bike brand. The company is known for some of the most innovative bikes and a high level of performance on the market. It is appropriate for triathlon racing is the S-Works Shiv triathlon bike, which features a wind tunnel optimized frame, hydration systems integrated into the frame, and advanced carbon fiber materials. Specialized and its bikes are a popular choice among elite triathletes around the world.
  
• Canyon Bicycles is a direct-to-consumer bike brand that specializes in performance cycling. Its Speedmax series of bikes are engineered specifically for triathlon racing and have been ridden to world championship victories by athletes, such as Patrick Lange, and Laura Philipp. Canyon is a performance bike brand that focuses on enhancing the product specification of its product lines while keeping prices comparable to its competitors.
  
• Argon 18 is a bike brand focused on premium road and triathlon racing bikes. The aim of Argon 18 is to combine aerodynamics with comfort and adjustability. The Argon 18 E-117 Triathlon bike and the Argon 18 E-119 Tri+ bike are targeted at serious triathletes and are often seen in IRONMAN events. Argon 18 also emphasizes fir customization and carbon engineering.
  
• BMC Switzerland is a premium Swiss brand that prides itself on quality engineering and innovation. Its triathlon line, Time machine, is designed for aerodynamic efficiency, optimal power transfer and the fit of the rider. BMC supports elite athletes and is regularly present in international triathlon events.
  
• Cervelo Cycles is a well-known name in the triathlon and time trial space. The P-Series and PX-Series bikes are currently among the most aerodynamic bikes on the market. Cervelo is very active in professional racing and is one of the top manufacturer brands among elite triathletes who appreciate the innovation in its design and performance.
  

Triathlon Bikes Market Companies

Major players operating in the triathlon bikes industry are:

• A2 Bikes
• Argon 18
• BMC Switzerland
• CADEX
• Cannondale Bicycle
• Canyon Bicycles
• Cervelo Cycles
• Giant Manufacturing
• Specialized Bicycle Components
• Trek Bicycle
  
• Giant Manufacturing, Trek Bicycle, and Specialized Bicycle Components are the global leaders and have solidified their dominance of the triathlon bike category with aerodynamic innovation and commitment to partnering with elite athletes. Giant uses its Trinity Advanced Pro series with AeroSystem Shaping Technology and advanced composite materials to support the needs of all levels of cyclists, including professionals and dedicated amateurs.
  
• Trek has developed the Speed Concept and the Project One program after the popular Speed Concept recognized the appeal of offering not just hydration and storage but the ability to customize fit for performance to IRONMAN athletes. Specialized has vehicles like the S-Works Shiv that includes wind-tunnel-optimized frames and a Rider-First Engineered focus to help build usable compliance that all contribute together to make the best blend of aerodynamics and comfort. Each of these brands is very engaged with sponsorships of pro triathletes and events to maintain brand awareness and loyalty through exposure.
  
• Canyon has established itself within the direct-to-consumer space with its high-performance bikes, such as the Speedmax CFR, which is designed for racing and accustomed to aerodynamic engineering. It is often found to be the most utilized bike at the Kona World Championships. Argon 18, a Canadian company, pairs aerodynamic designs with state-of-the-art fit systems in its E-117 and E-119 Tri+ series. The athletes feedback and sponsorship of athletes around the world is a focus for Argon 18, especially with Olympic and long-distance formats, to make sure the designs continue to evolve while maximizing their reach.
  
• Cervelo and BMC Switzerland are both focused on premium performance and innovation. BMC’s Time machine is made with tunnel-tested aerodynamics and integrated storage making it one of the most popular bikes for the long-course athlete. The Swiss engineering and European triathlon pedigree of BMC provide significant advantages that benefit their performance.
  

Triathlon Bikes Industry News

• In January 2025, Decathlon's Van Rysel introduced the XCR TRI, its first triathlon bike, developed in collaboration with Swiss Side. The XCR TRI will be available as Ultegra Di2 or as Rival AXS, has many aero characteristics, has integrated storage and has an adjustable cockpit. The bike had declared a Global launch for 2025.
  
• In September 2024, Argon 18 introduced the new E117 at the Ironman World Championship in Nice. The E117 was designed to be a more affordable alternative to E119, features integrated disc brakes, aero storage and a UCI legal frame, with several Shimano build options.
  
• In January 2024, Quintana Roo launched the V PRi, a lightweight triathlon bike that features an integrated cockpit and internal FuelBay storage, 6.2 W lower drag savings and is priced starting USD 13,699 for premium Shimano or SRAM builds.
  
• In May 2023, SCOTT introduced the Plasma RC TT, their fastest time-trial bike. The bike was developed with Team DSM, has a lighter aero frame, improved geometry and has an adjustable cockpit. It provides 33 seconds faster over the previous iteration on a 40 km.
  

The triathlon bikes market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipments (units) from 2021 to 2034, for the following segments:

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Market, By Bikes

• Road triathlon bikes
• Time trial bikes
• Hybrid triathlon bikes

Market, By End Use

• Professional
• Amateur

Market, By Distribution Channel

• Offline
• Online

Market, By Frame Material

• Carbon fiber
• Aluminum
• Titanium
• Steel

Market, By Wheel

• Standard aero wheels
• Disc wheels

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

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