How Big Is The Cycling Industry In America?

by | Last updated on January 24, 2024

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The U.S. market for bicycles is estimated to be sized at

around six billion U.S. dollars

.

Is cycling big in the USA?

Cycling in North America


The number of cyclists in the United States and Canada has increased steadily for the past two decades

. According to a study published in 2011—which looked at data from national surveys conducted by the U.S. Department of Transportation—North America is in the midst of a “cycling renaissance”.

How much is the cycle industry worth?

By the latest valuation of the cycling industry (Source BAGB, 2018) our industry is worth

£5.4 billion

to the UK and is one of few growth industries in the context of the Covid-19 outbreak. The same dataset showed the industry to be in some from responsible for 64,000 jobs.

How large is the bike market?

The global bicycle market size was

USD 65.43 billion in 2019

. The global impact of COVID-19 has been unprecedented and staggering, with bicycles witnessing a positive demand shock across all regions amid the pandemic. Based on our analysis, the global bike market will exhibit a stellar growth of 48.55% in 2020.

What company sells the most bicycles?

Company Market Share % 1

Trek Bikes

22.5
2 Giant Bicycle 10.5 3 Specialized Bicycle Components, Inc. 9.5 4 Redline 6

How many bicycles are in the USA?

In 2016, around 12.4 percent of Americans cycled on a regular basis. The number of cyclists/bike riders in the U.S. has increased over the past three years from around 43 million to

47.5 million

in 2017.

Who is the best cyclist in America?


Greg LeMond

is an American former road racing cyclist and anti-doping advocate. Widely regarded as the greatest American cyclist ever, LeMond is a three-time Tour de France winner and a two-time Road Race World Championship winner.

Is USA bike-friendly?

Clearly

the U.S. is not a bike-friendly country overall

. Only one percent of all trips that Americans take—to work, to the store, on vacation—are by bike, compared with 87 percent by car or truck.

Which country has most cycles?


The Netherlands

holds the record as the nation with the most bicycles per capita. Cyclists also abound in Norway, Sweden, Germany, and Denmark. The Danish capital, Copenhagen, is considered the most bicycle-friendly city in the world.

Is cycling growing in the UK?


The proportion of adults cycling at least once a week in England, increased from 11% in November 2018 to November 2019 to 12% in November 2019 to November 2020

, a statistically significant increase.

How big is the UK cycling industry?

The cycling market was valued at £2.31 billion in 2020, an increase of 45% vs 2019, the BA has revealed in a new impact report.

Is the bicycle market growing?


Between April and September 2020, the UK cycling market saw a 27% rise in sales volume and a 26% increase in average prices

, compared with the same period in 2019.

What industry is a bike shop?

Operators in the

Bicycle Dealership and Repair

industry sell new bicycles, bicycle parts and accessories. Operators in the industry also provide maintenance and repair services. However, used bike shops and mass merchandisers that retail bicycles are not included in this industry.

How much is the mountain bike industry worth?

Ans – Global Mountain Bike Market was worth

US$ 5 Bn

in 2020.

How many cyclists are in Canada?

In 2013/2014, an estimated

12 million

Canadians (41%) aged 12 or older reported that they had cycled in the previous year (Table 1). Cycling was more common at younger ages―82% among 12- to 14-year-olds versus 27% by age 50 or older―and among people in higher-education and -income households.

What is the largest bicycle manufacturer?


Giant Bicycle

Giant Bicycle is widely considered to be the world’s largest bicycle manufacturer, and they’ve been around since 1972, which means they have a lot of experience in making bicycles.

Which is the world No 1 bicycle Company?

1.

Trek Bicycle Corporation

. Trek got its start in Waterloo, Wisconsin in 1976.

Who is the largest bicycle manufacturer in the United States?


Trek Bicycles

is the largest U.S. bicycle company, making everything from kid models to professional road and mountain styles. And they’re the only major manufacturer still producing two-wheelers in the U.S. Overall, Trek makes roughly half of the bicycles manufactured here in the United States.

What country is cycling most popular?

Where is Cycling Most Popular? With 90% of it’s 16.8 million population being regular cyclists, it’s no surprise that

the Netherlands

is considered the most popular place for cycling. 20% of all trips are many in the country, while it has boasted the highest number of cyclists per capita for over a century.

How many bicycles exist?

Nobody knows exactly how many bikes exist in the world, but it is estimated that there are somewhere around

1 billion

.

How many bikes are sold in the US each year?

Overall, industry sales of bicycles seem to be stable at around

15 to 20 million

bicycle units annually, plus parts, accessories and service, which historically is a very healthy number for the industry.

Who is the fastest cyclist in the world?

Name Year Speed
Bruce Bursford

1996 334.6 km/h (207.9 mph)
Denise Mueller-Korenek 2018 296.009 km/h (183.932 mph) Fred Rompelberg 1995 268.831 km/h (167.044 mph) Eric Barone 2017 227.72 km/h (141.50 mph)

How many pro cycling teams are there?

Code
UXT
Official Team Name
Uno-X Pro Cycling Team
Country Norway Continent Europe

Has an American ever won the Tour de France?

In 1986 Davis Phinney won Stage 3 of the Tour de France, and most websites credit Phinney with the first American stage win. Wikipedia says that “In 1986,

LeMond became the first non-European professional cyclist to win the Tour de France, and he remains the only American cyclist to have won the Tour

.”

What is the most bikeable city?


New York City

leads this metric, with more than 124 miles of protected bike lanes.

Which state has the most cyclists?

The League of American Bicyclists has released its 2017 Bicycle Friendly State ranking.

Washington

led the US state rankings, as it has each year since 2008, while Minnesota comes in again at second.

What is the most bicycle friendly city in the US?

Despite its challenging hilly terrain,

San Francisco

was named America’s most bicycle-friendly city in 2021, largely thanks to its extensive cycling community and favorable climate.

Kim Nguyen
Author
Kim Nguyen
Kim Nguyen is a fitness expert and personal trainer with over 15 years of experience in the industry. She is a certified strength and conditioning specialist and has trained a variety of clients, from professional athletes to everyday fitness enthusiasts. Kim is passionate about helping people achieve their fitness goals and promoting a healthy, active lifestyle.