Global Bicycle Market Report Size, Trends & Growth Opportunity, By Product (Mountain, Hybrid, Road, Cargo), By Technology (Electric, Conventional), By End-user (Men, Women, Kids), By Distribution Channel (Online, Offline), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) And Forecast Till 2027.
Global Bicycle Market

The Global Bicycle Market was worth USD 79 Billion in 2021 and is estimated to be USD 116.5 Billion growing at a CAGR of 5.34 % from 2022 to 2027.
Bicycles are expected to grow in popularity as a convenient form of exercise for living a healthy life free of obesity and other disorders. Dockless bicycle-sharing systems are becoming increasingly popular. This system allows users to locate and unlock nearby bicycles electronically. Systems for renting out Dockless bicycles, which were first developed in Europe, are becoming more and more common, especially in Asia.
Market Drivers
The government's emphasis on cycling infrastructure development is expected to drive cycle adoption among the general public. Almost all developed economies are investing heavily in new cycling tracks and other pedestrian and cycling infrastructure projects.
Cycling-related sports such as BMX racing, as well as adventure sports such as mountain biking, are having a significant impact on global bike sales. Also, the rising number of cycling sports clubs and their appealing promotion strategies are pushing individuals of all ages to take up cycling as a recreational activity, which is projected to drive market expansion in the future years.

Rising fossil fuel prices are encouraging people to use e-mobility as an alternative to fossil fuel-powered transportation. Furthermore, as a result of recent technological advancements in li-ion batteries, the cost of li-ion batteries has decreased significantly in recent years. As a result, increasing adoption of e-bikes as a personal transportation alternative to fossil fuel-powered two-wheelers is expected to drive market growth during the forecast period.

Market Restraints

Over the projected period, the existence of different transportation options such as motorcycles, scooters, and other micro-mobility solutions with a longer travel range than e-bikes is likely to constrain market expansion. Another problem restricting the market is the delay in supplies brought on by the lack of semiconductor chips caused by the pandemic.

Market Segmentation

The Global Bicycle Market is segmented into Product (Mountain, Hybrid, Road, Cargo),Technology (Electric, Conventional), End-user (Men, Women, Kids),Distribution Channel (Online, Offline) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).

Regional Analysis

The bicycle market is anticipated to be dominated by Asia Pacific throughout the duration of the projected period. Cycling is a popular mode of transportation in developing Asian countries China had the largest market share in Asia Pacific. The region's market is rising due to China's high e-bike demand. Additionally, it is anticipated that the growing acceptance of bike-sharing services as a viable alternative to public transit in China would have an impact on market growth in the coming years. Additionally, the tendency of the populace for cycling in metropolitan areas of India, such as Mumbai, Delhi, and others, for transportation and exercise is predicted to fuel market expansion in the area.
Key Players
The Key Players in the Global Bicycle Market are Hero Cycles Ltd, Orbea, Trek Bicycle Corporation, Giant Bicycles, Accell Group, Mobility Holdings Ltd, Derby Cycles, Brompton Bikes, Pon and Kona Bikes.
Market Taxonomy
Product
• Mountain
• Hybrid
• Road
• Cargo
Technology 
• Electric
• Conventional
End-user
• Men
• Women 
• Kids
Distribution Channel
• Online
• Offline
Regional Outlook 
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa

Global Bicycle Market 
1 Introduction         
1.1 Objective the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Bicycle Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn 
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Bicycle Market, By Product 
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Bicycle Market Share Analysis, By Product 
5.3 Global Bicycle Market Size and Forecast, By Product
5.3.1. Mountain 
5.3.2 Hybrid
5.3.3 Road
5.3.4 Cargo
6. Global Bicycle Market, By Technology
6.1. Y-o-Y Growth Comparison, By Technology
6.2. Global Bicycle Market Share Analysis, By Technology
6.3 Global Bicycle Market Size and Forecast, By Technology
6.3.1. Electric
6.3.2 Conventional
7 Global Bicycle Market, By End-user 
7.1 Y-o-Y Growth Comparison, By End-user
7.2 Bicycle Market Share Analysis, By End-user 
7.3 Bicycle Market Size and Forecast, By End-user
7.3.1 Men 
7.3.2 Women
7.3.3 Kids
8 Global Bicycle Market, By Distribution Channel 
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Bicycle Market Share Analysis, By Distribution Channel 
8.3 Bicycle Market Size and Forecast, By Distribution Channel 
8.3.1 Online 
8.3.2. Offline
9 Global Bicycle Market, By Region
9.1 Global Bicycle Market Share Analysis, By Region
9.2 Global Bicycle Market Size and Forecast, By Region
10 North America Bicycle Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Bicycle Market Size and Forecast, By Product
10.3 North America Bicycle Market Size and Forecast, By Technology
10.4 North America Bicycle Market Size and Forecast, By End-user
10.5 North America Bicycle Market Size and Forecast, By Distribution Channel
10.6 North America Bicycle Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Bicycle Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Bicycle Market Share Analysis, By Product
11.3 Europe Bicycle Market Size and Forecast, By Technology
11.4 Europe Bicycle Market Size and Forecast, By End-user
11.5 Europe Bicycle Market Size and Forecast, By Distribution Channel
11.6 Europe Bicycle Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Bicycle Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Bicycle Market Share Analysis, By Product
12.3 Asia Pacific Bicycle Market Size and Forecast, By Technology
12.4 Asia Pacific Bicycle Market Size and Forecast, By End-user
12.5 Asia Pacific Bicycle Market Size and Forecast, By Distribution Channel 
12.6 Asia Pacific Bicycle Market Size and Forecast, By Country
12.6.1 China        
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Bicycle Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Bicycle Market Share Analysis, By Product
13.3 Latin America Bicycle Market Size and Forecast, By Technology
13.4 Latin America Bicycle Market Size and Forecast, By End-user
13.5 Latin America Bicycle Market Size and Forecast, By Distribution Channel
13.6 Latin America Bicycle Market Size and Forecast, By Country
13.6.1. Brazil
13.6.2. Rest of Latin America
14 Middle East Bicycle Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Bicycle Market Share Analysis, By Product
14.3 Middle East Bicycle Market Size and Forecast, By Technology
14.4 North America Bicycle Market Size and Forecast, By End-user
14.5 Middle East Bicycle Market Size and Forecast, Distribution Channel
14.6 Middle East Bicycle Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Hero Cycles Ltd
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2. Orbea 
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. Trek Bicycle Corporation
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Giant Bicycles
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Accell Group
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Mobility Holdings Ltd 
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Derby Cycles 
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Brompton Bikes.
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Pon
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Kona Bikes
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies