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Bicycle Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Bicycle Manufacturing Market Research Report | Consumer Goods & Services | Leisure Product Manufacturing | Mar 2015

Smooth ride: Manufacturers will rely on high-end bikes for renewed growth

IBISWorld’s Bicycle Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Trek Trek market share
Industry Statistics & Market Size
Revenue
$926m
Annual Growth 10-15
-2.0%
Annual Growth 15-20
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Profit
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Employment
2,206
Businesses
44
Industry Analysis & Industry Trends

The industry is highly influenced by the prosperity of US consumers; as such, the recession caused steep declines in industry revenue as consumers held back on discretionary purchases. An increase in cheap imports has also caused manufacturers to close facilities or relocate abroad to compete. Over the next five years, the industry is expected to double down on creating high-quality products that consumers are willing to pay a premium for. In addition, concerns over the environmental impacts of motor vehicles are expected to promote greater use of bicycles.... purchase to read more

Industry Report - Industry Locations Chapter

The domestic Bicycle Manufacturing industry is concentrated on the west coast, with 37.3% of industry establishments operating in the West region, far more than its 17.1% share of the US population. This density is largely due to the strong road bike culture in California and the widespread popularity of biking in cities like Portland, OR. Portland was previously home to a large factory that produced Cannondale bikes, and though that facility shut down in 2009, the city has been home to a number of small-scale startup producers in recent years, including Zen Bicycles. Additionally, Felt Racing LLC operates from Irvine, CA.

The Great Lakes region accounts for about 15.1% of industry establishments, roughly in line with its 14.9% share of the population... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Bicycle Manufacturing Industry?

This industry manufactures bicycles. These products are used for transportation, leisurely travel and competitive racing.

Industry Products
Road bikesMountain bikesHybrid/cross bikesOther bikes
 
Industry Activities
Manufacturing bicyclesManufacturing bicycle framesDesigning bicyclesManufacturing bicycle parts


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