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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 | Apr 2013

Picking up speed: Manufacturers will rely on high-end bikes for renewed growth

IBISWorld’s Bicycle Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Trek Trek market share
Industry Statistics & Market Size
Revenue
$872m
Annual Growth 08-13
0.3%
Annual Growth 13-18
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Profit
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Employment
2,272
Businesses
42
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, high fuel prices are expected to promote greater use of bicycles.... purchase to read more

Industry Report - Starting a New Business Chapter

The domestic Bicycle Manufacturing industry has medium barriers to entry that include a moderate level of capital intensity, high competition for enthusiastic cyclists' patronage and a need to offer technological innovation to compete with established domestic producers. New entrants are typically serious cyclists themselves who are interested in building a bike that improves specific qualities they feel are lacking in available models. However, because the market for high-end bikes is much smaller than the overall market, new entrants will find difficulty competing with established US-made brand names like Trek and Felt... 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 bikesCyclocross bikesCity bikesOther bikes
 
Industry Activities
Manufacturing bicyclesManufacturing bicycle framesDesigning bicyclesManufacturing bicycle parts


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