Bicycle industry
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The bicycle industry or cycling industry can broadly be defined as the industry 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. Bi ...
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 ...
. 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, 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 ma ...


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. The country is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the south by Tanzania. The ...
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
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 focu ...
, 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, 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,
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 ma ...
,
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 Shozabu ...
,
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 well ...
, 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 *
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 *
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 ''ind ...


References


External links


Bicycle trade news
US point of view
Bicycle trade news
UK point of view {{Authority control Industries (economics)