U.S. Bike Market To Reach $24.28 Billion By 2033 | CAGR: 5.9%

U.S. Bike Market Growth & Trends

The U.S. bike market size is expected to reach USD 24.28 billion by 2033, registering a CAGR of 5.9% from 2025 to 2033, according to a new report by Grand View Research, Inc. As cities grapple with traffic gridlock and pollution, bicycles are being embraced as efficient, space-saving alternatives for short-distance travel. This shift is supported by a broader cultural turn toward minimalism and mobility freedom, with consumers viewing cycling as a symbol of independence, agility, and control over daily routines.

Increasing awareness of lifestyle diseases like obesity and hypertension is prompting Americans to incorporate more physical activity into everyday life. Bicycles provide a low-impact, accessible form of exercise, making them attractive across demographics, including families, older adults, and youth. Additionally, growing interest in outdoor recreation and micro-adventures is drawing consumers to cycling as a way to explore urban trails, greenways, and natural parks. Smart features such as route mapping, anti-theft systems, and app integration are further driving interest among tech-forward users.

Regionally, bike demand is thriving in states like California, Colorado, and Oregon, where recreational biking, climate goals, and eco-zoning policies converge. Municipal initiatives such as Vision Zero and Safe Routes to School programs are improving cycling infrastructure and encouraging safety-first habits among new riders.

Domestic manufacturers and retailers are responding with greater inventory variety, localized assembly, and DTC (direct-to-consumer) business models. Whether for commuting, leisure, or sport, bike models now emphasize modular designs, ergonomic enhancements, and battery efficiency for e-bikes. The expanding gravel and adventure bike category is also attracting new users seeking all-terrain flexibility.

In commercial domains, bicycles are powering sustainable shifts in fleet operations, urban courier services, and gig-economy jobs. Companies in food delivery, postal services, and healthcare outreach are deploying bikes to reach underserved or high-density areas. Meanwhile, corporate wellness programs are incorporating cycling incentives to boost employee health and reduce insurance costs. The integration of bicycles into work, leisure, and transport ecosystems positions them as a key lever in America’s mobility evolution.

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U.S. Bike Market Report Highlights

• Based on type, the conventional bikes segment accounted for a significant share in 2024, due to their affordability, easy maintenance, and widespread use for daily commuting and recreation. Their simple design and broad accessibility make them a preferred choice in both urban and rural markets.

• Based on end user, the men’s bikes segment a substantial market share in 2024, primarily due to men's traditionally higher involvement in cycling for fitness, sport, and commuting purposes. This demand is supported by extensive product availability across categories such as road, mountain, and hybrid bikes, with designs optimized for male ergonomics and performance. Additionally, targeted marketing campaigns and a strong presence in competitive cycling continue to reinforce male consumer dominance in the segment.

• Based on application, the personal/individual segment held a substantial market share in 2024, as more people adopt cycling for commuting, fitness, and leisure activities. The convenience, cost-effectiveness, and health benefits of personal bike ownership make it a popular choice across diverse age groups and lifestyles.

U.S. Bike Market Segmentation

Grand View Research has segmented the U.S. bike market report based on the type, product, price range, end use, and application:

U.S. Bike Type Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)

• Conventional

• Electric

U.S. Bike Product Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)

• City/Commuter Bikes

• Road Bikes

• Mountain Bikes (MTB)

• Hybrid Bikes

• Cargo Bikes

• Others

U.S. Bike Price Range Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)

• City/Commuter Bikes

  • Low (USD 200 to 500)

  • Mid-Range (USD 500 to USD 1,000)

  • High End (Above USD 1,000)

• Road Bikes

  • Low (USD 400 to 1,000)

  • Mid-Range (USD 1,000 to USD 2,500)

  • High End (Above USD 2,500)

  • Mountain Bikes (MTB)

  • Low (USD 300 to 7,00)

• Mid-Range (USD 700 to USD 1,800)

  • High End (Above USD 1,800)

  • Hybrid Bikes (Road & MTB)

  • Low (USD 300 to 700)

  • Mid-Range (USD 700 to USD 1,500)

  • High End (Above USD 1,500)

• Cargo Bikes

  • Low (USD 500 to 2,500)

  • Mid-Range (USD 2,500 to USD 4,500)

  • High End (Above USD 4,500)

• Others

  • Low (USD 200 to 800)

  • Mid-Range (USD 800 to USD 1,200)

  • High End (Above USD 1,200)

U.S. Bike End Use Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)

• Men

• Women

U.S. Bike Application Outlook (Volume, Thousand Units; Revenue, USD Billion, 2021 - 2033)

• Personal/Individual

• Commercial

List of Key Players in U.S. Bike Market 

• Trek Bicycle Corporation

• Specialized Bicycle Components

• Cannondale (Pon Holdings)

• Detroit Bikes

• Allied Cycle Works

• Co-Motion Cycles

• Moots Cycles

• Litespeed (American Bicycle Group)

• Alchemy Bicycles

• Firefly Bicycles