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PUBLISHER: KBV Research | PRODUCT CODE: 1072298

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PUBLISHER: KBV Research | PRODUCT CODE: 1072298

North America Bicycle Market Size, Share & Industry Trends Analysis Report By Technology (Conventional and Electric), By End User, By Distribution Channel, By Product, By Country and Growth Forecast, 2021 - 2027

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The North America Bicycle Market would witness market growth of 7.3% CAGR during the forecast period (2021-2027).

The utilization of bicycles is also being supported by administrations all over the world. Governments are rapidly implementing several initiatives to restructure and remodel streets in order to accommodate the growing number of bicycles on the road. Governments are also enacting policies requiring transportation agencies to build bicycle lane networks, which include sidewalk improvements, crossing enhancements, off-street shelters, parking racks, service facilities, and specific traffic signs and signals. These policies aim to create the necessary infrastructure to make bicycling on highways safe for everyone. Therefore, these programs encourage bike-friendly communities.

Recent advancements in digital app development and GPS have led to application-based dockless bicycle-sharing systems. In addition, the growing popularity of dockless bicycle-sharing technology is expected to considerably increase the demand for bicycles. To take advantage of market prospects, various bicycle-sharing companies are rapidly investing and accelerating their operations in several countries. This factor is projected to drive the market growth over the forecasting period.

Consumer spending in the sector of bicycles increased annually, resulting in significant investment in developing new areas such as dirt, Ebikes, event bikes, composite bikes, and children's cycles. Simultaneously, persistent structural alterations prompted digital distribution models to capture a portion of overall profits.

The bicycle industry in the United States, which has long been hampered by tariffs, safety concerns, lack of recognition, and aging demographics, is primed to prosper. Resilience, adaptability, and capacities to capitalize on servicing expanding requirements as well as exploiting emerging opportunities are built into the business passion. According to conventional knowledge, the capacity to win cyclists was primarily determined by proprietary goods or distribution methods, which are important. However, in 2021 and ahead, the sector would be able to meet consumers' demands by tailoring its services to the most pressing personal and physical demands.

The US market dominated the North America Bicycle Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $18,243.5 Million by 2027. The Canada market is estimated to grow at a CAGR of 9.7% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 8.8% during (2021 - 2027).

Based on Technology, the market is segmented into Conventional and Electric. Based on End User, the market is segmented into Men, Women, and Kids. Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Product, the market is segmented into Road, Mountain, Hybrid, Cargo, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accell Group, Giant Manufacturing Co. Ltd., Cervelo (Pon Holdings BV), SCOTT Sports SA, Merida Industry Co., Ltd., and Specialized Bicycle Components, Inc.

Scope of the Study

Market Segments covered in the Report:

By Technology

  • Conventional
  • Electric

By End User

  • Men
  • Women
  • Kids

By Distribution Channel

  • Offline
  • Online

By Product

  • Road
  • Mountain
  • Hybrid
  • Cargo
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Companies Profiled

  • Accell Group
  • Giant Manufacturing Co. Ltd.
  • Cervelo (Pon Holdings BV)
  • SCOTT Sports SA
  • Merida Industry Co., Ltd.
  • Specialized Bicycle Components, Inc.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 North America Bicycle Market, by Technology
    • 1.4.2 North America Bicycle Market, by End User
    • 1.4.3 North America Bicycle Market, by Distribution Channel
    • 1.4.4 North America Bicycle Market, by Product
    • 1.4.5 North America Bicycle Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market Composition and Scenario
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Strategies Deployed in Bicycle Market

Chapter 4. North America Bicycle Market by Technology

  • 4.1 North America Conventional Market by Country
  • 4.2 North America Electric Market by Country

Chapter 5. North America Bicycle Market by End-user

  • 5.1 North America Men Market by Country
  • 5.2 North America Women Market by Country
  • 5.3 North America Kids Market by Country

Chapter 6. North America Bicycle Market by Distribution Channel

  • 6.1 North America Offline Market by Country
  • 6.2 North America Online Market by Country

Chapter 7. North America Bicycle Market by Product

  • 7.1 North America Road Market by Country
  • 7.2 North America Mountain Market by Country
  • 7.3 North America Hybrid Market by Country
  • 7.4 North America Cargo Market by Country
  • 7.5 North America Others Market by Country

Chapter 8. North America Bicycle Market by Country

  • 8.1 US Bicycle Market
    • 8.1.1 US Bicycle Market by Technology
    • 8.1.2 US Bicycle Market by End-user
    • 8.1.3 US Bicycle Market by Distribution Channel
    • 8.1.4 US Bicycle Market by Product
  • 8.2 Canada Bicycle Market
    • 8.2.1 Canada Bicycle Market by Technology
    • 8.2.2 Canada Bicycle Market by End-user
    • 8.2.3 Canada Bicycle Market by Distribution Channel
    • 8.2.4 Canada Bicycle Market by Product
  • 8.3 Mexico Bicycle Market
    • 8.3.1 Mexico Bicycle Market by Technology
    • 8.3.2 Mexico Bicycle Market by End-user
    • 8.3.3 Mexico Bicycle Market by Distribution Channel
    • 8.3.4 Mexico Bicycle Market by Product
  • 8.4 Rest of North America Bicycle Market
    • 8.4.1 Rest of North America Bicycle Market by Technology
    • 8.4.2 Rest of North America Bicycle Market by End-user
    • 8.4.3 Rest of North America Bicycle Market by Distribution Channel
    • 8.4.4 Rest of North America Bicycle Market by Product

Chapter 9. Company Profiles

  • 9.1 Accell Group
    • 9.1.1 Company Overview
    • 9.1.2 Financial Analysis
    • 9.1.3 Segmental and Regional Analysis
    • 9.1.4 Research & Development Expense
    • 9.1.5 Recent strategies and developments:
      • 9.1.5.1 Acquisition and Mergers:
  • 9.2 Giant Manufacturing Co. Ltd.
    • 9.2.1 Company Overview
    • 9.2.2 Recent strategies and developments:
      • 9.2.2.1 Partnerships, Collaborations, and Agreements:
  • 9.3 Cervelo (Pon Holdings BV)
    • 9.3.1 Company Overview
    • 9.3.2 Recent strategies and developments:
      • 9.3.2.1 Product Launches and Product Expansions:
  • 9.4 SCOTT Sports SA
    • 9.4.1 Company Overview
    • 9.4.2 Recent strategies and developments:
      • 9.4.2.1 Partnerships, Collaborations, and Agreements:
  • 9.5 Merida Industry Co., Ltd.
    • 9.5.1 Company Overview
  • 9.6 Specialized Bicycle Components, Inc.
    • 9.6.1 Company Overview

LIST OF TABLES

  • TABLE 1 North America Bicycle Market, 2017 - 2020, USD Million
  • TABLE 2 North America Bicycle Market, 2021 - 2027, USD Million
  • TABLE 3 North America Bicycle Market by Technology, 2017 - 2020, USD Million
  • TABLE 4 North America Bicycle Market by Technology, 2021 - 2027, USD Million
  • TABLE 5 North America Conventional Market by Country, 2017 - 2020, USD Million
  • TABLE 6 North America Conventional Market by Country, 2021 - 2027, USD Million
  • TABLE 7 North America Electric Market by Country, 2017 - 2020, USD Million
  • TABLE 8 North America Electric Market by Country, 2021 - 2027, USD Million
  • TABLE 9 North America Bicycle Market by End-user, 2017 - 2020, USD Million
  • TABLE 10 North America Bicycle Market by End-user, 2021 - 2027, USD Million
  • TABLE 11 North America Men Market by Country, 2017 - 2020, USD Million
  • TABLE 12 North America Men Market by Country, 2021 - 2027, USD Million
  • TABLE 13 North America Women Market by Country, 2017 - 2020, USD Million
  • TABLE 14 North America Women Market by Country, 2021 - 2027, USD Million
  • TABLE 15 North America Kids Market by Country, 2017 - 2020, USD Million
  • TABLE 16 North America Kids Market by Country, 2021 - 2027, USD Million
  • TABLE 17 North America Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
  • TABLE 18 North America Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
  • TABLE 19 North America Offline Market by Country, 2017 - 2020, USD Million
  • TABLE 20 North America Offline Market by Country, 2021 - 2027, USD Million
  • TABLE 21 North America Online Market by Country, 2017 - 2020, USD Million
  • TABLE 22 North America Online Market by Country, 2021 - 2027, USD Million
  • TABLE 23 North America Bicycle Market by Product, 2017 - 2020, USD Million
  • TABLE 24 North America Bicycle Market by Product, 2021 - 2027, USD Million
  • TABLE 25 North America Road Market by Country, 2017 - 2020, USD Million
  • TABLE 26 North America Road Market by Country, 2021 - 2027, USD Million
  • TABLE 27 North America Mountain Market by Country, 2017 - 2020, USD Million
  • TABLE 28 North America Mountain Market by Country, 2021 - 2027, USD Million
  • TABLE 29 North America Hybrid Market by Country, 2017 - 2020, USD Million
  • TABLE 30 North America Hybrid Market by Country, 2021 - 2027, USD Million
  • TABLE 31 North America Cargo Market by Country, 2017 - 2020, USD Million
  • TABLE 32 North America Cargo Market by Country, 2021 - 2027, USD Million
  • TABLE 33 North America Others Market by Country, 2017 - 2020, USD Million
  • TABLE 34 North America Others Market by Country, 2021 - 2027, USD Million
  • TABLE 35 North America Bicycle Market by Country, 2017 - 2020, USD Million
  • TABLE 36 North America Bicycle Market by Country, 2021 - 2027, USD Million
  • TABLE 37 US Bicycle Market, 2017 - 2020, USD Million
  • TABLE 38 US Bicycle Market, 2021 - 2027, USD Million
  • TABLE 39 US Bicycle Market by Technology, 2017 - 2020, USD Million
  • TABLE 40 US Bicycle Market by Technology, 2021 - 2027, USD Million
  • TABLE 41 US Bicycle Market by End-user, 2017 - 2020, USD Million
  • TABLE 42 US Bicycle Market by End-user, 2021 - 2027, USD Million
  • TABLE 43 US Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
  • TABLE 44 US Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
  • TABLE 45 US Bicycle Market by Product, 2017 - 2020, USD Million
  • TABLE 46 US Bicycle Market by Product, 2021 - 2027, USD Million
  • TABLE 47 Canada Bicycle Market, 2017 - 2020, USD Million
  • TABLE 48 Canada Bicycle Market, 2021 - 2027, USD Million
  • TABLE 49 Canada Bicycle Market by Technology, 2017 - 2020, USD Million
  • TABLE 50 Canada Bicycle Market by Technology, 2021 - 2027, USD Million
  • TABLE 51 Canada Bicycle Market by End-user, 2017 - 2020, USD Million
  • TABLE 52 Canada Bicycle Market by End-user, 2021 - 2027, USD Million
  • TABLE 53 Canada Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
  • TABLE 54 Canada Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
  • TABLE 55 Canada Bicycle Market by Product, 2017 - 2020, USD Million
  • TABLE 56 Canada Bicycle Market by Product, 2021 - 2027, USD Million
  • TABLE 57 Mexico Bicycle Market, 2017 - 2020, USD Million
  • TABLE 58 Mexico Bicycle Market, 2021 - 2027, USD Million
  • TABLE 59 Mexico Bicycle Market by Technology, 2017 - 2020, USD Million
  • TABLE 60 Mexico Bicycle Market by Technology, 2021 - 2027, USD Million
  • TABLE 61 Mexico Bicycle Market by End-user, 2017 - 2020, USD Million
  • TABLE 62 Mexico Bicycle Market by End-user, 2021 - 2027, USD Million
  • TABLE 63 Mexico Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
  • TABLE 64 Mexico Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
  • TABLE 65 Mexico Bicycle Market by Product, 2017 - 2020, USD Million
  • TABLE 66 Mexico Bicycle Market by Product, 2021 - 2027, USD Million
  • TABLE 67 Rest of North America Bicycle Market, 2017 - 2020, USD Million
  • TABLE 68 Rest of North America Bicycle Market, 2021 - 2027, USD Million
  • TABLE 69 Rest of North America Bicycle Market by Technology, 2017 - 2020, USD Million
  • TABLE 70 Rest of North America Bicycle Market by Technology, 2021 - 2027, USD Million
  • TABLE 71 Rest of North America Bicycle Market by End-user, 2017 - 2020, USD Million
  • TABLE 72 Rest of North America Bicycle Market by End-user, 2021 - 2027, USD Million
  • TABLE 73 Rest of North America Bicycle Market by Distribution Channel, 2017 - 2020, USD Million
  • TABLE 74 Rest of North America Bicycle Market by Distribution Channel, 2021 - 2027, USD Million
  • TABLE 75 Rest of North America Bicycle Market by Product, 2017 - 2020, USD Million
  • TABLE 76 Rest of North America Bicycle Market by Product, 2021 - 2027, USD Million
  • TABLE 77 key information - Accell Group
  • TABLE 78 Key Information - Giant Manufacturing Co. Ltd.
  • TABLE 79 Key Information - Cervelo
  • TABLE 80 Key information - SCOTT Sports SA
  • TABLE 81 Key Information - Merida Industry Co., Ltd.
  • TABLE 82 Key Information - Specialized Bicycle Components, Inc.

List of Figures

  • FIG 1 Methodology for the research
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