Bicycle Industry
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Bicycle Industry
The bicycle industry or cycling industry can broadly be defined as the industry concerned with bicycles and cycling. It includes at least bicycle manufacturers, part or component manufacturers, and accessory manufacturers. It can also include distributors, retailers, bicycle organizations, bicycle event promoters, and bicycle related service providers. The Global Bicycle Industry generates sales for over $45 bn in 2017 and is forecasted, according to analyst consensus, at 6-0% p.a. over the next 5yr In 2016 in the United States, it generated $6 billion of revenue and in Europe, it generated €14 bn in revenues. Manufacturing Bicycle manufacturers Bicycle component manufacturers Distribution Bicycle and component distributors * Bicycle Technologies International *Quality Bicycle Products Local bicycle and component retailers Services and events Touring Racing Trade * Interbike * Frostbike * Eurobike Advocacy Besides advocating for greater safety, comfort, and ...
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Industry (economics)
In macroeconomics, an industry is a branch of an economy that Production (economics) , produces a closely-related set of raw materials, Good (economics) , goods, or Service (economics) , services. For example, one might refer to the wood industry or to the insurance industry. When evaluating a single group or company, its dominant source of revenue is typically used by industry classifications to classify it within a specific industry. For example the International Standard Industrial Classification (ISIC) – used directly or through derived classifications for the official statistics of most countries worldwide – classifies "statistical units" by the "economic activity in which they mainly engage". Industry is then defined as "set of statistical units that are classified into the same ISIC category". However, a single business need not belong just to one industry, such as when a large business (often referred to as a conglomerate (company), conglomerate) Diversification (m ...
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World Bicycle Relief
World Bicycle Relief is an international, non-profit organization based in Chicago, IL that specializes in large-scale, comprehensive bicycle distribution programs to aid poverty relief in developing countries around the world. Their programs focus primarily on education, economic development, and health care. As of February 2020, World Bicycle Relief has distributed 500,000 bicycles in 21 countries and trained more than 2,300 bicycle mechanics in the developing world. Within their largest program, the Bicycles For Educational Empowerment program, nearly 70 percent of the student bicycles are designated for girl students. Background Studies done in Africa (Uganda and Tanzania) and Sri Lanka on hundreds of households have shown that a bicycle can increase the income for families by as much as 35%. Transport, if analyzed for the cost-benefit analysis for rural poverty alleviation, has given one of the best returns in this regard. For example, road investments in India were a st ...
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Local Bike Shop
A local bike shop or local bicycle shop, sometimes abbreviated LBS, is a small business, as distinct from a chain, mail-order or online vendor, specializing in bicycle sale, maintenance and parts. In the UK and Ireland, the expression ''independent bicycle dealers'' (IBDs) is also used. The local bike shop is a key component of the bicycle industry and, in recognition of the value that local bike shops provide, some manufacturers only sell their bicycles through dealerships. Offerings Beyond bicycles, a local bicycle shop may offer clothing and other accessories, spare and replacement parts, tools, and a variety of services. Services may include expert fitting and custom bike building or ordering, maintenance and repairs from experienced bicycle mechanics, and organized group rides and classes. A self-service work area may be available. Shops may also specialize on one or more aspects of cycling: bicycle racing, triathlon, bicycle touring, BMX, mountain biking, etc ...
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List Of Bicycle Part Manufacturers
This article lists bicycle part manufacturers and brands past and present. For a list of bicycle manufacturers, see list of bicycle manufacturers. 0-9 *3T Cycling A * Atala (company) * Avid- owned by SRAM Corporation B *Baisikeli Ugunduzi * Bell Sports Inc. *Bike Arc *Bontrager * Brooks Saddle *Burley Design *Bianchi C *Campagnolo *Centurion *Cheng Shin Rubber (also branded as Maxxis and CST) *Cinelli *Coker Tire *Continental *Cannondale Bicycle Corporation D E * Easton F *Fox Racing Shox *Fulcrum Wheels G *Gates Corporation * Giro *Giant Bicycles H *Haro Bikes *Holland Mechanics * Hutchinson Tires I *Ingersoll-Rand, manufacturer of Kryptonite locks * Inoue Rubber Co., Ltd., manufacturer of IRC Tires J K *Kenda Rubber Industrial Company - Taiwan * Kinesis Industry - Taiwan * KMC Chain - Taiwan * Kuota - Italy L M * Mafac * Magura GmbH * Marzocchi * Mavic * Maxxis * Merida Bikes * Michelin * Mongoose N * Nokian O P * Panaracer - owned by the Panasonic Corporation ...
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French Bicycle Industry
The French bicycle industry and the history of the bicycle are intertwined. Spanning the last century and a half, the industry has seen two booms, and continues into the 21st century, albeit less dominant today. Invention To most the invention of the bicycle was by the German Baron Karl von Drais, who rode his 1816 machine while collecting taxes from his tenants. He patented his "draisine" (or "draisienne"), a "pushbike" powered by the action of the rider's feet pushing against the ground. Reports of early forebears of the bicycle were ''velocipedes'', and included many human-powered vehicles. One, the scooter-like ''dandy horse'' or ''celerifere'' of the French Comte de Sivrac, dating to 1790, was long cited as the earliest bicycle, however, most historians now believe these unsteerable hobby-horses probably never existed, but were made up by Louis Baudry de Saunier, a 19th-century French bicycle historian. Commercialization In the 1860s, the Michaux family, Parisian coach bui ...
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Bicycling (magazine)
''Bicycling'' is a cycling magazine published by Hearst in Easton, Pennsylvania. __TOC__ History ''Bicycling'' started in 1961 as ''Northern California Cycling Association Newsletter'', a four-page mimeographed newsletter (8 ½ x 14) started by Peter Hoffman. It covered the local bicycle scene and grew quickly as Vol. 1 No. 6 took on a 5 ½ x8 ½ offset printing format in December, 1961. The name was changed to ''American Cycling Newsletter'' with Vol. 3 No. 1 in March, 1964 issue. The name was changed again with Vol. 5 No. 1 in March, 1965 to ''American Cycling''. The size was changed to a larger format with Vol. 5 No. 1 in March, 1966 to 8 ½ x 11. Peter Hoffman sold the magazine to Leete Publications in August 1968 but stayed on as an editor until late 1969. The last ''American Cycling'' titled magazine was the Nov. 1968 issue, Vol. 7 No. 8. The name was changed to ''Bicycling!'' with the Dec 1968 Issue Vol 7 No 9. For three months following the name change, "American Cyclin ...
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Bicycle Quarterly
__NOTOC__ ''Bicycle Quarterly'' is a magazine examining the history of bicycles, their design and evolution, with emphasis on Randonneuring bicycles. Articles evaluate equipment and bicycles for performance and function, and include footnotes. The magazine was formerly known as ''Vintage Bicycle Quarterly''. Overview The magazine is published by Bicycle Quarterly Press and edited by Jan Heine, of Seattle, Washington in the United States. According to the group, "Randonneurs USA," ''Bicycle Quarterly'' is "a publication dedicated to classic lightweight bikes, particularly French ones such as Alex Singer and Rene Herse." In a 2009 article in ''Bicycle Times'', Marie Autrey described ''Bicycle Quarterly'' as "Part anthropology journal, part engineering text." Unlike most magazines, ''Bicycle Quarterly'' is financed by subscriptions, and includes only few advertisements. In Vol. 5, No. 1, ''Bicycle Quarterly'' published an article which dealt with the results of rolling resistance t ...
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Trek Bicycle Corporation
Trek Bicycle Corporation is a bicycle and cycling product manufacturer and distributor under brand names Trek, Electra Bicycle Company, Bontrager, and Diamant Bikes. The company has previously manufactured bikes under the Gary Fisher, LeMond Racing Cycles, Klein, and Villiger Bikes brand names. With its headquarters in Waterloo, Wisconsin, Trek bicycles are marketed through 1,700 independently owned bicycle shops across North America, subsidiaries in Europe, Asia, South Africa, as well as distributors in 90 countries worldwide. Most Trek bicycles are manufactured outside the United States, in countries including the Netherlands, Germany, Taiwan, and China. History 1975–1979 — The early years In December, 1975, Dick Burke and Bevil Hogg established Trek Bicycle as a wholly owned subsidiary of Roth Corporation, a Milwaukee-based appliance distributor. In early 1976, with a payroll of five, Trek started manufacturing steel touring frames in Waterloo, Wisconsin, taking a ...
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Specialized Bicycle Components
Specialized Bicycle Components, Inc., colloquially known as and stylized as SPECIALIZED, is an American company which designs, manufactures and markets bicycles, bicycle components and related products under the brand name "Specialized", as well as the premium and professional oriented "S-works". The Morgan Hill, California-based company was founded in 1974 by Mike Sinyard. History The company was founded in 1974 by Mike Sinyard, a cycling enthusiast who sold his Volkswagen Bus for $1,500 to fund a cycle tour of Europe, where he bought handlebars and stems made by Cinelli to take back to the US. Sinyard started importing Italian bike components which were difficult to find in the United States, but the company began to produce its own bike parts by 1976, starting with the Specialized Touring Tire. In 1981, the company introduced its first two bikes, the Sequoia, a sport-touring design and the Allez, a road bike. Specialized also introduced the first major production mount ...
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SRAM Corporation
SRAM LLC is a privately owned bicycle component manufacturer based in Chicago, Illinois, United States, founded in 1987. SRAM is an acronym comprising the names of its founders, Scott, Ray, and Sam, (where Ray is the middle name of the company's first CEO, Stan Day). The company is known for producing cycling components, including some internally developed, such as Grip Shift, EAGLE (1x12), DoubleTap, dedicated 1x11 mountain and their range of AXS drivetrains. The company grew organically and through acquisitions to become a cycling component brand, selling under the brands SRAM, Avid, RockShox, Truvativ, Quarq, Zipp, TIME Sport pedals, Hammerhead cycling computers, and Velocio cycling apparel. Their components are manufactured primarily in-house, in factories located in Portugal, Taiwan, China, and the U.S., and distributed and sold as Original equipment manufacturer (OEM) equipment and aftermarket components in markets globally. History As a start-up company, SRAM introduced t ...
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Shimano
, originally and later , is a Japanese multinational manufacturing company for cycling components, fishing tackles and rowing equipment, who also produced golf supplies until 2005 and snowboarding gear until 2008. Named after founder Shozaburo Shimano (, 1894–1958) and headquartered in Sakai, Osaka Prefecture, the company has 32 consolidated and 11 unconsolidated subsidiaries, with the primary manufacturing plants based in Kunshan (China), Malaysia and Singapore. In 2017, Shimano had net sales of US $3.2 billion, 38% in Europe, 35% in Asia, and 11% in North America. Bicycle components represented 80%, fishing tackle 19%, and other products 0.1%. The company is publicly traded, with 93 million shares of common stock outstanding. They are also the official neutral support for most of the UCI World Tour. Cycling Shimano sales constitute an estimated 70–80% of the global bicycle component market by value. Its products include drivetrain, brake, wheel and pedal components ...
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GT Bicycles
GT Bicycles is an American company that designs and manufactures BMX, mountain, and road bicycles. GT is a division of the Dutch conglomerate Pon Holdings, which also markets Cannondale, Schwinn, Mongoose, IronHorse, DYNO, and RoadMaster bicycle brands; all manufactured in Asia. GT was founded in 1972, by Gary Turner and Richard Long in Santa Ana, California, and was noted at its inception for spearheading the prominence of BMX bicycles, later for developing a range of bikes around its "triple triangle" design, and at the end of its independent history, winning a commission to manufacture a $30,000 carbon fiber "Superbike" for the 1996 Summer games. GT sponsored numerous race teams and individuals, including noted riders Rebecca Twigg and Juli Furtado. In 1998, the company went public and subsequently merged with Questor Partners, then owner of Schwinn. The conglomerate went bankrupt in 2001 and was acquired by Pacific Cycle, which was in turn acquired by Dorel Industries i ...
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