Bicycle Market Size & Share, by Product Type (Road, Mountain, Hybrid, Cargo); Technology (Conventional, Electric); Distribution Channel (In-Store, Online); End-user (Kids, Men, Women) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 2009
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Companies Dominating the Bicycle Landscape

    • Giant Manufacturing Co., Ltd.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
    • Dorel Industries Inc.
    • Cervélo Cycles
    • Accell Group
    • Avon Cycles Ltd.
    • Shimano Inc.
    • Trek Bicycle Corporation
    • Scott Sports SA
    • Canyon Bicycles GmbH
    • Merida & Centurion Germany GmbH
    • UrbanTerrain

Browse Key Market Insights with Data Illustration:


In The News

  • Giant Manufacturing Co., Ltd., introduced the all-new Trance X E+. Designed to extend riders’ capabilities on a wide range of terrain, Trance X E+ is a versatile and adaptable E-MTB.

  • Shimano Inc. announced that the PRO product designers and engineers created the all-new PRO Vibe Superlight Handlebar and Stem. They have reduced a massive 75 grams off their previous lightest cockpit. Superlight cockpit when combined with the new PRO Gap Cap Expander Carbon and the lightweight Vibe Computer Mount the provides not only PRO’s lightest ever set-up but also a superbly functional offering.

Author Credits:  Harshita Srivastava, Saima Khursheed

  • Report ID: 2009
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing number of bicycles, increasing awareness about the health benefits of cycling along with rising investment on developing cycling infrastructure are some of the major factors anticipated to drive the growth of the market.

The market is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023-2033.

The concern for unsafe cycling infrastructure along with availability of alternate high-speed transport solutions are some of the factors estimated to hamper the market growth.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Cervélo Cycles, Shimano Inc., Dorel Industries Inc., Giant Manufacturing Co., Ltd., Scott Sports SA, Canyon Bicycles GmbH, Merida & Centurion Germany GmbH, UrbanTerrain and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product type, technology, distribution channel, end-user, and by region.

The e-bike segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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