The bicycle industry encompasses the manufacturers of bicycles, components, and accessories, along with the distributors, retailers, event promoters, and service providers built around cycling. The global industry generated 66 billion dollars in sales in 2024, spanning manufacturing, wholesale and retail distribution, and services from touring organizations to racing bodies and trade events such as Eurobike. Notable manufacturers include Trek Bicycle Corporation, Giant Bicycles, and Specialized Bicycle Components, alongside component makers Shimano and SRAM Corporation, with local bike shops serving as the industry's frontline retail and repair points. The sector also includes advocacy organizations that promote cycling safety and use bicycles as a tool against poverty, extending the industry's reach into Africa, Sri Lanka, and India.
The bicycle industry encompasses the manufacturers of bicycles, components, and accessories, along with the distributors, retailers, event promoters, and service providers built around cycling. The global industry generated 66 billion dollars in sales in 2024, spanning manufacturing, wholesale and retail distribution, and services from touring organizations to racing bodies and trade events such as Eurobike. Notable manufacturers include Trek Bicycle Corporation, Giant Bicycles, and Specialized Bicycle Components, alongside component makers Shimano and SRAM Corporation, with local bike shops serving as the industry's frontline retail and repair points. The sector also includes advocacy organizations that promote cycling safety and use bicycles as a tool against poverty, extending the industry's reach into Africa, Sri Lanka, and India.