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

IBISWorld’s Bicycle Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.


Market Share of Companies
Industry Statistics & Market Size
Annual Growth
Annual Growth

Industry Threats & Opportunities

  • Domestic producers have been closing or relocating facilities abroad to compete with foreign manufacturers
  • The rise in disposable income in recent years has encouraged consumers to purchase bicycles
  • Imported bicycles are anticipated to remain lower cost than those manufactured domestically

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    Industry Analysis & Industry Trends

    The industry is highly influenced by the prosperity of US consumers; therefore, the recession caused steep declines in industry revenue as consumers held back on discretionary purchases. An increase in low-cost imports has also caused manufacturers to close facilities or relocate abroad to compete. Over the next five years, the industry is expected to focus on creating high-quality products that command premium prices. In addition, concerns over the environmental impacts of motor vehicles are expected to promote greater use of bicycles. Major and ecofriendly cities are promoting bike commuting by creating dedicated and safer bike lanes, aiding the industry...

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    Industry Report - Starting a New Business Chapter

    The domestic Bicycle Manufacturing industry has medium barriers to entry that include 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 such as Trek and Felt. The capital required to manufacture high-quality frames is moderate; companies need to purchase modern computer-aided design (CAD) software and buy or lease fabrication machinery. Add..

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    Additional Insights for the Bicycle Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Bicycle Manufacturing Industry are

  • Ability to expand and curtail operations rapidly in line with market demand
  • Access to high quality inputs
  • Development of new products
  • IBISWorld analysts also discuss how external factors such as Trade-weighted index and Per capita disposable income in the Bicycle Manufacturing industry impact industry performance..

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    Industry Products

    What is the Bicycle Manufacturing Industry?

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

    Industry Products
    Road bikes
    Mountain bikes
    Hybrid/cross bikes
    Other bikes
    Industry Activities
    Manufacturing bicycles
    Manufacturing bicycle frames
    Designing bicycles
    Manufacturing bicycle parts

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Trade-weighted index
  • Per capita disposable income
  • Demand from bicycle dealership and repair
  • Consumer Confidence Index
  • Number of adults aged 20 to 64
  • Time spent on leisure and sports

  • Current Performance
  • Competition abroad
  • Demographic factors
  • Consumer economy response
  • Premium bikes
  • Chart: Revenue Growth

  • Industry Outlook
  • Looking elsewhere
  • Higher fuel prices support growth
  • Profit trends
  • Table: Bicycle Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Bicycle Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Bicycle Dealership and Repair
  • Consumers

  • Key Selling Industries
  • Aluminum Manufacturing
  • Plastics Wholesaling
  • Rubber Product Manufacturing

  • Products & Services
  • Other bikes
  • Hybrid/cross bikes
  • Mountain bikes
  • Road bikes
  • Chart: Bicycle Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Riders aged 35 to 54
  • Riders aged 18 to 34
  • Riders aged 55 to 64
  • Riders aged 65 to 74
  • Other ages
  • Exports
  • Chart: Major Market Segmentation for the Bicycle Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Bicycle Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Bicycle Manufacturing Industry

  • Industry Globalization
    Major Companies
    Trek Bicycle Inc.
  • Table: Trek Bicycle Inc. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Bicycle Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Bicycle Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Per capita disposable income (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Carbon Fiber
  • A synthetic material that allows a bike frame to be extremely lightweight and strong.
  • Independent Bicycle Dealer (Ibd)
  • A single-location or independently owned bicycle shop that sells high-end bikes and conducts repairs.
  • Road Bike
  • A type of bicycle built for use on paved roads, usually characterized by mid-range drivetrains, drop handlebars and an aerodynamic profile.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Bicycle Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Bicycle Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Bicycle Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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