Bicycle and Components Market, By Application, By Technology, By Component, By Geography

Description

Bicycle and Components Market is estimated to be valued at USD 138.7 Bn in 2026 and is expected to reach USD 202.6 Bn by 2033, growing at a compound annual growth rate (CAGR) of 6.2% from 2026 to 2033.

Report Coverage		Report Details
Base Year:	2025	Market Size in 2026:	USD 138.7 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2026 To 2033
Forecast Period 2026 to 2033 CAGR:	6.20%	2033 Value Projection:	USD 202.6 Bn

A bicycle or a bike is a manually-powered or peddle-drive, motor-powered vehicle with two wheels that are attached to frames, one behind the other. There are different components associated with a bicycle including axle, bar ends, belt-drive, cable-guide, dynamo, brake, bearing, bell, etc. Since its first model, bicycle has evolved significantly with better designs, comfort, driving experience and overall appearance. Bicycles are used for various activities such as mountain bike, road bike, city bike, electric bike, children bike, and others such as freight bike, ice bike, and more.

Market Dynamics

Increasing use of bicycle as part of fitness activities and fun are expected to drive growth of the global bicycle and components market during the forecast period. As bicycle offers various physical and mental benefits and with growing consumer acceptance of bicycles to enhance health activities, its demand has increased significantly in the recent past. Apart from health and wellness, bicycle has been used for transportation and recreational activities, which in turn, is expected to drive the global bicycle and components market growth over the forecast period. Furthermore, growing bicycle sharing platforms across the globe is expected to drive the market in the near future. For instance, In October 2017 Self-drive car Rental Company Zoomcar has launched PEDL, which is a bicycle renting services in India announced that they are starting their bike renting service in Bangalore, Chennai and Kolkata and are planning to deploy 10,000 bicycles across these cities in 2017. Owing to these factors the demand for bicycle and component are expected to grow during the forecasted period 2019-2027.

Market Taxonomy

This report segments the global bicycle and component market on the basis of application the market is segmented into, mountain bike, road bike, city bike, electric bike, children bike and others. On the basis of technology, the global bicycle and component market is segmented into, continuous fiber composites, discontinuous fiber composites and metals. On the basis of component, the market is segmented into rims, frames, saddles and other components.

Key features of the study

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global bicycle and component market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key players operating in the global Bicycle and Component are Bicycle manufacturers: Giant Manufacturing Co., Ltd., Currie Technologies, Dorel Industries Inc., Trek Bicycle Corporation, Atlas Cycles (Haryana) Limited, Marin Bikes, Accell Group N.V., Merida Industry Co. Ltd., and Avon Cycles Ltd. Components Suppliers: SRAM LLC, SHIMANO INC., Mavic (Amer Sports), Campagnolo S.r.l., and SR Suntour. Materials Suppliers: BASF SE, Mitsubishi Rayon Co., Ltd., Toho Tenax, Saudi Basic Industries Corporation (SABIC), and Toray Industries, Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global bicycle and component market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global Bicycle and Component market.

Market Segmentation

By Application
- Mountain Bike
- Road Bike
- City Bike
- Electric Bike
- Children Bike
- Others
By Technology
- Continuous Fiber Composites
- Discontinuous Fiber Composites
- Metals
By Component
- Rims
- Frames
- Saddles
- Other Components
By Regional Insights
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Giant Manufacturing Co., Ltd.
- Currie Technologies
- Dorel Industries Inc.
- Trek Bicycle Corporation
- Atlas Cycles (Haryana) Limited
- Marin Bikes
- Accell Group N.V.
- Merida Industry Co. Ltd.
- Avon Cycles Ltd.
- SRAM LLC
- SHIMANO INC.
- Mavic (Amer Sports)
- Campagnolo S.r.l.
- SR Suntour.
- BASF SE
- Mitsubishi Rayon Co., Ltd.
- Toho Tenax
- Saudi Basic Industries Corporation (SABIC)
- Toray Industries, Inc.

Product Code: CMI1449

1. Research Objective and Assumption

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Application
- Market Snippet, By Technology
- Market Snippet, By Component
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Value Chain Analysis
- Porter's Analysis
- PEST Analysis

4. Global Bicycle and Components Market, By Application, 2026-2033 (USD Bn)

Introduction
- Market Share Analysis, 2025, 2028, and 2033 (%)
- Segment Trends
Mountain Bike
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
Road Bike
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
City Bike
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
Electric Bike
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
Children Bike
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
Others
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)

5. Global Bicycle and Components Market, By Technology, 2026-2033 (USD Bn)

Introduction
- Market Share Analysis, 2025, 2028, and 2033 (%)
- Segment Trends
Continuous Fiber Composites
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
Discontinuous Fiber Composites
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
Metals
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)

6. Global Bicycle and Components Market, By Component, 2026-2033 (USD Bn)

Introduction
- Market Share Analysis, 2025, 2028, and 2033 (%)
- Segment Trends
Rims
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
Frames
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
Saddles
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)
Other Components
- Introduction
- Market Size and Forecast, 2021-2033, (USD Bn)

7. Global Bicycle and Components Market, By Region, 2026-2033 (USD Bn)

Introduction
- Market Share Analysis, By Region, 2025, 2028, and 2033 (%)
- Y-o-Y Growth Analysis, For Regions, 2021-2033
- Regional Trends
North America
- Regional Trends
- Market Size and Forecast, By Application, 2026-2033 (USD Bn)
- Market Size and Forecast, By Technology, 2026-2033 (USD Bn)
- Market Size and Forecast, By Component, 2026-2033 (USD Bn)
- Market Share Analysis, By Country, 2026-2033 (USD Bn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Application, 2026-2033 (USD Bn)
- Market Size and Forecast, By Technology, 2026-2033 (USD Bn)
- Market Size and Forecast, By Component, 2026-2033 (USD Bn)
- Market Share Analysis, By Country, 2026-2033 (USD Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Application, 2026-2033 (USD Bn)
- Market Size and Forecast, By Technology, 2026-2033 (USD Bn)
- Market Size and Forecast, By Component, 2026-2033 (USD Bn)
- Market Share Analysis, By Country, 2026-2033 (USD Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Application, 2026-2033 (USD Bn)
- Market Size and Forecast, By Technology, 2026-2033 (USD Bn)
- Market Size and Forecast, By Component, 2026-2033 (USD Bn)
- Market Share Analysis, By Country, 2026-2033 (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Application, 2026-2033 (USD Bn)
- Market Size and Forecast, By Technology, 2026-2033 (USD Bn)
- Market Size and Forecast, By Component, 2026-2033 (USD Bn)
- Market Share Analysis, By Country, 2026-2033 (USD Bn)
  - Israel
  - GCC Countries
  - South Africa
  - Rest of the Middle East and Africa

8. Competitive Landscape

Company Profiles (Bicycle Manufacturers)
- Giant Manufacturing Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Currie Technologies
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Dorel Industries Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Trek Bicycle Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Atlas Cycles (Haryana) Limited
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Marin Bikes
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Accell Group N.V.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Merida Industry Co. Ltd
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Avon Cycles Ltd
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
  - Company Profiles (Components Suppliers)
- SRAM LLC
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- SHIMANO INC
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Mavic (Amer Sports)
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Campagnolo S.r.l
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- SR Suntour
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
  - Company Profiles (Materials Suppliers)
- BASF SE
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Mitsubishi Rayon Co., Ltd
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Toho Tenax
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Saudi Basic Industries Corporation (SABIC)
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Toray Industries, Inc
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
  - Analyst Views

9. Section

References
Research Methodology
About us and Sales Contact