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