Bicycle industry

The bicycle industry or cycling industry can broadly be defined as the industry concerned with bicycles and cycling. It includes at least bicycle manufacturers, part or component manufacturers, and accessory manufacturers. It can also include distributors, retailers, bicycle organizations, bicycle event promoters, and bicycle related service providers.

The Global Bicycle Industry generates sales for over $45 billion in 2017 and is forecasted, according to analyst consensus, at 6-0% per annum over the next 5 years.^[1]

In 2016 in the United States it generated $6 billion of revenue,^[2] and in Europe it generated €14 billon in revenues.^[1]