What is Global Non-motor Bicycle Market?
The Global Non-motor Bicycle Market refers to the worldwide industry focused on the production, distribution, and sale of bicycles that do not have a motor. These bicycles are powered solely by human effort, typically through pedaling. The market encompasses a wide range of bicycle types, including mountain bikes, touring bikes, city bikes, and others, each designed for specific uses and terrains. The demand for non-motor bicycles is driven by various factors such as increasing health consciousness, environmental concerns, and the growing popularity of cycling as a recreational activity and a mode of transportation. The market is also influenced by technological advancements in bicycle design and materials, which enhance performance and durability. Additionally, government initiatives promoting cycling infrastructure and the benefits of cycling for reducing traffic congestion and pollution contribute to the market's growth. The global non-motor bicycle market is diverse, catering to different age groups, preferences, and income levels, making it a significant segment within the broader transportation and recreational industries.
Mountain Bike, Touring Bike, City Bike, Others in the Global Non-motor Bicycle Market:
Mountain bikes, touring bikes, city bikes, and other types of bicycles each serve unique purposes within the global non-motor bicycle market. Mountain bikes are specifically designed for off-road cycling and are equipped with features such as sturdy frames, wide tires, and suspension systems to handle rough terrains and steep inclines. They are popular among adventure enthusiasts and those who enjoy exploring trails and mountainous regions. Touring bikes, on the other hand, are built for long-distance travel and are designed to carry heavy loads. They have a more relaxed geometry for comfort during extended rides and often come with mounts for panniers and other luggage. These bikes are favored by cyclists who embark on multi-day trips and need a reliable and comfortable ride. City bikes, also known as urban or commuter bikes, are designed for short-distance travel within urban areas. They typically feature a more upright riding position, fenders, and chain guards to protect riders from road grime and weather. City bikes are ideal for daily commuting, running errands, and navigating city streets. Other types of bicycles in the market include hybrid bikes, which combine features of road and mountain bikes for versatility, and specialty bikes such as BMX bikes, which are used for stunt riding and racing. Each type of bicycle caters to different needs and preferences, contributing to the overall diversity and growth of the global non-motor bicycle market.
Professional sports, Outdoor activities, Home life, Others in the Global Non-motor Bicycle Market:
The usage of bicycles in the global non-motor bicycle market spans various areas, including professional sports, outdoor activities, home life, and other applications. In professional sports, bicycles are used in competitive events such as road racing, mountain biking, BMX racing, and track cycling. Athletes rely on high-performance bicycles that are lightweight, aerodynamic, and equipped with advanced components to gain a competitive edge. These events not only showcase the capabilities of bicycles but also drive innovation and technological advancements in the industry. For outdoor activities, bicycles are a popular choice for recreational purposes such as leisure riding, fitness, and adventure. Families and individuals use bicycles to explore parks, trails, and scenic routes, promoting physical activity and a healthy lifestyle. In home life, bicycles serve as a practical mode of transportation for commuting to work, school, or running errands. They offer an eco-friendly alternative to motor vehicles, reducing carbon emissions and traffic congestion. Additionally, bicycles are used for exercise and staying active, with many people incorporating cycling into their daily routines. Other applications of bicycles include their use in delivery services, particularly in urban areas where they can navigate traffic more efficiently than motor vehicles. Bicycles are also used in tourism, with bike-sharing programs and guided cycling tours becoming increasingly popular. Overall, the versatility and benefits of bicycles make them a valuable asset in various aspects of life, contributing to the growth and sustainability of the global non-motor bicycle market.
Global Non-motor Bicycle Market Outlook:
The global non-motor bicycle market was valued at approximately US$ 76,340 million in 2023 and is projected to reach around US$ 111,490 million by 2030, reflecting a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2024 to 2030. This significant growth is driven by various factors, including the increasing awareness of health and fitness, the environmental benefits of cycling, and the rising popularity of bicycles as a mode of transportation and recreation. The market's expansion is also supported by advancements in bicycle technology, such as the development of lightweight materials and innovative designs that enhance performance and user experience. Additionally, government initiatives promoting cycling infrastructure and the benefits of cycling for reducing traffic congestion and pollution are contributing to the market's growth. The diverse range of bicycles available, catering to different needs and preferences, further fuels the market's expansion. As more people recognize the advantages of cycling for health, environment, and convenience, the global non-motor bicycle market is expected to continue its upward trajectory, offering opportunities for manufacturers, retailers, and consumers alike.
| Report Metric | Details |
| Report Name | Non-motor Bicycle Market |
| Accounted market size in 2023 | US$ 76340 million |
| Forecasted market size in 2030 | US$ 111490 million |
| CAGR | 6.5% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Accell, Giant, Dorel Industries, Trek (Roth Distributing), Hero Cycles, TI Cycles, ByK Bikes, Yamaha, Dino Bikes, Cube, Cannondale, Specialized, Samchuly Bicycle, Atlas, Merida, DAHON, Gazelle, KHS, Scott Sports, Avon Cycles, Trinity, Xidesheng Bicycle, Phoenix, Flying Pigeon, Forever, Her Cycles Ltd., Orbea, Derby Cycles, Brompton Bikes, Kona Bikes |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
