Global Bicycle Market Revenue, Outlook, Forecasting To 2030

The Global Bicycle Market Size was valued at USD 76.33 billion in 2021 and is expected to reach at a CAGR of 6.5% from 2022 to 2030. The global bicycle market is projected to grow from USD 81.50 billion in 2022 to USD 128.73 billion by 2030.

Comprehensive historical analysis of Global Market for Bicycle has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2023-2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Bicycle market.

The Global Bicycle Market Size was valued at USD 76.33 billion in 2021 and is expected to reach at a CAGR of 6.5% from 2022 to 2030. 

The report includes growth prospects in the global Bicycle market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the  Automotive Transportation and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.

Leading players of Bicycle including:

Her Cycles Ltd. Orbea Merida Industry Co. Ltd. Giant Bicycles Trek Bicycle Corporation Derby Cycles Accell Group Brompton Bikes Kona Bikes Pon Mobility Holdings, Ltd.

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Market split by Segement, can be divided into:

By Product Mountain Hybrid Road Cargo

By Technology Electric Conventional

Market segment by Region/Country including:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East Africa

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April 2022: Hero International (HIT) which is a part of India’s Hero Motors Corporation (HMC) has made an announcement by introducing a new assembly plant in its manufacturing facility in Manchester for e-bikes. The company is aiming to produce high end electric cycles as well as push bikes for its customers in the UK and EU.

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Whats covered in the report?

  • 1. Overview of the Bicycle market.
  • 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Bicycle market, based on segement.
  • 3. Bicycle Market trends.
  • 4. Bicycle Market drivers.
  • 5. Analysis of major company profiles.

Reasons to buy this Market Report:


1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Bicycle market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Bicycle Industry.
3. Leading company profiles reveal details of key Bicycle market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Bicycle market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Bicycle market over the upcoming seven years
7. Accurate estimation of the global Bicycle market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the global Bicycle market across the North South America, EMEA, Asia Pacific, and Latin America
10. Information about Bicycle market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Bicycle market

About the Spherical Insights

Spherical Insights is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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Balaji Gaikwad

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