The bicycle industry or cycling industry can broadly be defined as the
industry
Industry may refer to:
Economics
* Industry (economics), a generally categorized branch of economic activity
* Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery
* The wider industrial sector ...
concerned with
bicycles
A bicycle, also called a pedal cycle, bike or cycle, is a human-powered or motor-powered assisted, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. A is called a cyclist, or bicyclist.
Bic ...
and
cycling
Cycling, also, when on a two-wheeled bicycle, called bicycling or biking, is the use of cycles for transport, recreation, exercise or sport. People engaged in cycling are referred to as "cyclists", "bicyclists", or "bikers". Apart from two ...
. It includes at least
bicycle manufacturers, part or component manufacturers, and accessory manufacturers. It can also include
distributors
A distributor is an enclosed rotating switch used in spark-ignition internal combustion engines that have mechanically timed ignition. The distributor's main function is to route high voltage current from the ignition coil to the spark plugs ...
,
retailers
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...
, 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
Quality Bicycle Products (QBP) is a large distributor of bicycle parts and accessories in the bicycle industry, with revenues of $150 million in 2008. In addition to wholesaling bicycles and components from other manufacturers, QBP owns and m ...
Local bicycle and component retailers
Services and events
Touring
Racing
Trade
*
Interbike
The Interbike International Bicycle Expo is the largest bicycle industry trade show in North America and is held annually in Las Vegas, Nevada. Exhibitors consist of companies interested in selling their products and services to bicycle retailers ...
*
Frostbike
*
Eurobike
Eurobike is an international bicycle trade fair held annually since 1991 in the first week of September, on the grounds of Messe Friedrichshafen, one of the largest and most modern exhibition centres in Baden-Wuerttemberg, Germany. The bike show ...
Advocacy
Besides advocating for greater safety, comfort, and convenience for bicyclists, many members of the industry promote bicycles for
poverty alleviation
Poverty reduction, poverty relief, or poverty alleviation, is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty.
Measures, like those promoted by Henry George in his economics clas ...
. Experiments done in Africa (
Uganda
}), is a landlocked country in East Africa
East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...
and
Tanzania
Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands and ...
) and
Sri Lanka
Sri Lanka (, ; si, ශ්රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...
on hundreds of households have shown that a bicycle can increase the income of a poor family by as much as 35%.
Transport, if analyzed for the cost-benefit analysis for
rural poverty
Rural poverty refers to poverty in rural areas, including factors of rural society, rural economy, and political systems that give rise to the poverty found there.Janvry, A. de, E. Sadoulet, and R. Murgai. 2002“Rural Development and Rural Pol ...
alleviation, has given one of the best returns in this regard. For example, road investments in India were a staggering 3-10 times more effective than almost all other investments and subsidies in rural economy in the decade of the 1990s. What a road does at a macro level to increase transport, the bicycle supports at the micro level. The bicycle, in that sense, can be one of the best means to eradicate poverty in poor nations.
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 fo ...
, which specializes in large-scale, comprehensive bicycle distribution programs to aid poverty relief and disaster recovery initiatives in developing countries around the world, includes among its sponsors such notable companies as
Accell Group
Accell Group N.V. is a bicycle company based in Heerenveen, Netherlands. They own the bicycle brands Atala, Babboe, Batavus, Carraro Cicli, Ghost, Haibike, KOGA, Lapierre, Loekie, Nishiki, Raleigh, Sparta, Torker, Tunturi
Tunturi is a ...
,
Bicycle Technologies International,
Giant Bicycles
Giant Manufacturing Co. Ltd. (commonly known as Giant) is a Taiwanese bicycle manufacturer, recognized as the world's largest bicycle designer and manufacturer. Giant has manufacturing facilities in Taiwan, the Netherlands, China, and Hungary.
H ...
,
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 bicyc ...
,
Quality Bicycle Products
Quality Bicycle Products (QBP) is a large distributor of bicycle parts and accessories in the bicycle industry, with revenues of $150 million in 2008. In addition to wholesaling bicycles and components from other manufacturers, QBP owns and m ...
,
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 ...
,
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 ...
,
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 wel ...
, and
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 Rac ...
.
Publications
Notable publications about bicycles and cycling include:
*''
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. Th ...
''
*
''Bicycling''
See also
*
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 ...
*
List of bicycle manufacturers
This page lists notable bicycle brands and manufacturing companies past and present. For bicycle parts, see List of bicycle part manufacturing companies.
Many bicycle brands do not manufacture their own product, but rather import and re-brand b ...
*
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
* Be ...
*
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 ''in ...
References
External links
Bicycle trade newsUS point of view
Bicycle trade newsUK point of view
{{Authority control
Industries (economics)