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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
$849m
Annual Growth 11-16
0.5%
Annual Growth 16-21
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Profit
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Employment
2,769
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 SWOT Analysis Chapter

Industry value added, a measure of the industry's contribution to the overall economy, is expected to grow over the 10 years to 2020 at a rate of 3.4%, compared with the 2.5% increase that is expected during the same period for US GDP, which is indicative of a mature industry.

Basic bicycle design has existed for over a century. Nevertheless, the domestic industry is able to differentiate itself by offering customized and technologically advanced products. New high-end performance and touring bicycles, especially, are constantly designed to reduce weight and develop more aerodynamic designs... 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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