U.S. Bicycle Market Size & Outlook, 2026-2033
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U.S. bicycle market highlights
- The U.S. bicycle market generated a revenue of USD 13,596.9 million in 2025 and is expected to reach USD 26,755.9 million by 2033.
- The U.S. market is expected to grow at a CAGR of 8.9% from 2026 to 2033.
- In terms of segment, road bikes was the largest revenue generating product in 2025.
- Cargo Bikes is the most lucrative product segment registering the fastest growth during the forecast period.
Bicycle market data book summary
| Market revenue in 2025 | USD 13,596.9 million |
| Market revenue in 2033 | USD 26,755.9 million |
| Growth rate | 8.9% (CAGR from 2026 to 2033) |
| Largest segment | Road bikes |
| Fastest growing segment | Cargo Bikes |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes |
| Key market players worldwide | Accell, Atlas Cycles, Avon, Cervelo Cycles, Dorel Industries, Giant Bicycle, MERIDA BIKES, Specialized Bicycle Components, Scotts, Trek Bicycle, Orbea S. Coop, Beistegui Hermanos, Axalko, Hagen & Co, Mammoth eBike, E-BIKE, Garri Logistics |
Other key industry trends
- In terms of revenue, U.S. accounted for 16.1% of the global bicycle market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. bicycle market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5,721.8 million by 2033.
Road bikes was the largest segment with a revenue share of 44.71% in 2025. Horizon Databook has segmented the U.S. bicycle market based on mountain bikes, hybrid bikes, road bikes, cargo bikes covering the revenue growth of each sub-segment from 2021 to 2033.
In terms of revenue, the U.S. dominated the North American bicycle market in 2022. The growth of the market in the U.S. is attributed to the rising number of cycling events as well as supportive initiatives from the government.
In addition to track racing, off-road racing, and mountain biking, the government sponsors cycling activities such as road racing, touring, and leisure riding.
These activities are promoting the adoption of e-bikes, smart bicycles, and premium bicycles in the country.
Some of the other key factors supporting the adoption of e-bikes in the country include environmental advantages and avoiding traffic congestion.
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Bicycle Market Scope
Bicycle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Garri Logistics | View profile | 11-50 | Addis Ababa, Adis Abeba, Ethiopia, Africa | https://garrilogistics.com |
| E-BIKE | View profile | 1-10 | Wuxi Shi, Jiangsu, China, Asia | http://www.e-biker.cn |
| Mammoth eBike | View profile | 1-10 | Kharkiv, Sums'ka Oblast', Ukraine, Europe | http://mammothebike.com |
| Hagen & Co | View profile | 11-50 | Boston, Massachusetts, United States, North America | http://www.hagenco.com/ |
| Dorel Industries | View profile | 10001+ | Westmount, Quebec, Canada, North America | http://www.dorel.com/eng/ |
| Avon | View profile | 10001+ | New York, New York, United States, North America | https://www.youravon.com |
| Orbea S. Coop | View profile | 251-500 | Bilbao, Pais Vasco, Spain, Europe | https://www.orbea.com |
| Trek Bicycle | View profile | 1001-5000 | Waterloo, Wisconsin, United States, North America | https://www.trekbikes.com/ |
| Scotts | View profile | 101-250 | Wiltshire, Mississippi, United States, North America | https://www.scottsandco.com |
| Axalko | View profile | - | https://axalko.com/ | |
| Beistegui Hermanos | View profile | 11-50 | Vitória, Piaui, Brazil, South America | https://www.bhbikes.com |
| Cervelo Cycles | View profile | 51-100 | Toronto, Ontario, Canada, North America | http://www.cervelo.com/en/ |
| Atlas Cycles | View profile | 251-500 | Sonipat, Haryana, India, Asia | http://atlasbicycles.com/ |
| Specialized Bicycle Components | View profile | 501-1000 | Morgan Hill, California, United States, North America | http://specialized.com |
| MERIDA BIKES | View profile | 1-10 | Yüanlin, T'ai-wan, Taiwan, Asia | https://www.merida-bikes.com/ |
| Giant Bicycle | View profile | 1001-5000 | Taiwan, Jiangsu, China, Asia | http://giant-bicycles.com |
| Accell | View profile | 11-50 | Warrenton, Virginia, United States, North America | https://accellclinical.com/ |
U.S. bicycle market size, by product, 2021-2033 (US$M)
U.S. Bicycle Market Outlook Share, 2025 & 2033 (US$M)
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