Market revenue in 2024 | USD 6,442.4 million |
Market revenue in 2030 | USD 10,852.3 million |
Growth rate | 9.1% (CAGR from 2025 to 2030) |
Largest segment | Road bikes |
Fastest growing segment | Cargo Bikes |
Historical data | 2017 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bicycle market will help companies and investors design strategic landscapes.
Road bikes was the largest segment with a revenue share of 43.36% in 2024. Horizon Databook has segmented the Germany bicycle market based on mountain bikes, hybrid bikes, road bikes, cargo bikes covering the revenue growth of each sub-segment from 2017 to 2030.
Germany is anticipated to play a significant role in the European bicycle market, followed by the U.K and France. The growth of the market in these countries is attributed to factors such as the increasing number of riders and people’s preference for eco-friendly transportation.
Additionally, the growing popularity of ebikes in the country is driving market growth. It is anticipated that the existence of major companies and their active participation in the market through product launches and strategic alliances.
Among others are boosting the demand for bicycles in the country. For instance, in July 2021, Hero Lectro shipped the first 200 e-bikes to Germany.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany bicycle market , including forecasts for subscribers. This country databook contains high-level insights into Germany bicycle market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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