Bicycle sales are increasing in the United States
The number of cyclists/bike riders saw a big increase between 2012 and 2017, increasing from around 51 million riders to slightly more than 66 million riders in 2017. Prior to 2012, the number of cyclists only increased slightly each year. It will be interesting to see whether this trend continues. As more people recognize the many benefits of biking/cycling and if municipalities support cycling infrastructure, it is likely that more people will start to ditch their cars for bikes. The city with the highest share of bicycle commuters in 2014 was Portland, Oregon. Minneapolis, San Francisco and Washington were also popular bike commuting destinations.
Regarding sales, more than double the number of bikes are sold each year than passenger cars, and where passenger car sales are on the decline, bicycle sales have been steady or slightly increasing since the 1990s. Presently, there are many different types of bicycles on the market with road bikes, mountain bikes and hybrid/cross bikes bringing in the most sales. The share of electric bike sales gained a small share of the market in 2010 and electric bike sales are projected to nearly double each year.