BROWSE THROUGH OUR TRADE FAIRS FOR BICYCLES INDUSTRY

Bicycles

What is the bicycle or cycling industry?

The bicycle or cycling industry is the sector related to cycling and bicycles. This includes enterprises that specialise in their manufacturing. Such include the parts, components, and accessories, resulting in around 2,000 enterprises alone. It also features bicycle-related providers and organisations. Examples include repair shops, event promotion agencies, retailers, and distributors. It is among the industries with the most extensive inter-sector networks. This is due to the diverse uses of bicycles. For instance, it has robust connections to the healthcare, sports, and transportation industries. It, similarly, has extensive links towards the mobility, chemical and environmental protection sectors. This is because the products benefit the environment, health, leisure, or sports.

Is the sector high-valued and innovative?

As a result, the bicycle industry often features high revenue. It also tends to be a stable and long-term beneficial segment. For instance, it has recently reached a market size of $76.70 billion. The industry places significant emphasis on innovation and high quality. This is due to the importance of ensuring end-user safety. This likewise applies to being up-to-date about the latest challenges and trends. Innovations often occur through extensive research. These tend to be presented at various trade expositions. These attract approximately hundreds of thousands of participants. They occur every one or two years.