U.S. Bicycle Industry - Statistics & Facts

U.S. Bicycle Industry - Statistics & Facts

Statistics and Facts about the U.S. Bicycle Industry

In 2015, the U.S. market for bicycles was sized at around six billion U.S. dollars. Although U.S.-based manufacturers like Trek, Specialized or Redline are popular bike brands in the United States, the majority of products are manufactured abroad: Around 99 percent of bicycles sold in the United States are imported from China and Taiwan.

Around 17.4 million units of bicycles were sold in the U.S. in 2015. Mountain bikes were the biggest sellers in 2012, with a quarter of all specialty bike sales falling into this category.

By 2016, some 152,000 units of electric bikes were expected to be sold to customers in the United States. Some 84 percent of U.S. respondents said they had never ridden an electric bicycle in their life. About 47.6 billion e-bikes are projected to be sold globally in 2018, an estimated 42.4 million of which will be sold in China alone. The rise of electric bikes compared to the overall dent in the value of the market in recent years suggests that the U.S. market is selling fewer but more expensive bikes, with the average value of imported bikes increasing by 96 percent since 2000.

Photo: sxc.hu / Idesign-er

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