Bicycle, often called a bike or cycle, is a non-automatic vehicle with two wheels in tandem, usually propelled by pedals connected to the rear wheel by a chain, and having handlebars for steering and a saddle like seat.
This report contains market size and forecasts of Bicycle in global, including the following market information:
Global Bicycle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Bicycle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Bicycle companies in 2021 (%)
The global Bicycle market was valued at 33880 million in 2021 and is projected to reach US$ 43510 million by 2028, at a CAGR of 3.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
20 Inch Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bicycle include Giant Bicycles, Hero Cycles, TI Cycles, Trek, Shanghai Phonex, Atlas, Flying Pigeon, Merida and Xidesheng Bicycle, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bicycle 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 Bicycle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bicycle Market Segment Percentages, by Type, 2021 (%)
20 Inch
24 Inch
26 Inch
27 Inch
Others
Global Bicycle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bicycle Market Segment Percentages, by Application, 2021 (%)
Transportation Tools
Recreation
Racing
Physical Training
Others
Global Bicycle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bicycle Market Segment Percentages, By Region and Country, 2021 (%)
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 Bicycle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Bicycle revenues share in global market, 2021 (%)
Key companies Bicycle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Bicycle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Giant Bicycles
Hero Cycles
TI Cycles
Trek
Shanghai Phonex
Atlas
Flying Pigeon
Merida
Xidesheng Bicycle
OMYO
Emmelle
Avon Cycles
Tianjin Battle
Cannondale
Libahuang
Specialized
Trinx Bikes
DAHON
Cycoo
Bridgestone Cycle
Laux (Tianjin)
Samchuly Bicycle
Cube
Pacific Cycles
Derby Cycle
Grimaldi Industri
Gazelle
KHS
Forever
Scott Sports