How big is the Cycling Equipment Market | Global Insights & Data 2025

Q: What is the market size of the cycling equipment market in 2025 and the projected size by 2031?

Cycling equipment market size is valued at approximately USD 70.4 billion in 2025 and is expected to reach USD 102.6 billion by 2031.

Q: What is the CAGR of the cycling equipment market during the forecast period 2025–2031?

Cycling equipment market is projected to grow at a CAGR of 5.5% from 2025 to 2031.

Q: What are the current trends in the cycling equipment market?

Cycling equipment market trends include increasing use of smart and electric bicycles, growth in eco-conscious consumer choices, and rise in tech-enabled cycling gear.

Q: What are the key drivers of the cycling equipment market?

Cycling equipment market is driven by factors such as health awareness, sustainability, government cycling initiatives, and growing urban mobility needs.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5590

Publication Date: Jul 2025

What is the Cycling equipment Market Size?

According to 6Wresearch internal database and industry insights, theCycling equipment market was valued at USD 70.4 billion in 2024 and is anticipated to exceed USD 102.6 billion by 2031, registering a steady at a CAGR of 5.5% during the forecast period.

Cycling equipment market is experiencing massive expansion driven by the rising acceptance of cycling for fitness, and commuting. Increased consciousness of health and well-being, administration initiatives encouraging cycling infrastructure, and growing ecological consciousness are influencing demand. High-tech progressions in gear and wearables, along with a flow in professional and amateur cycling events, further fuel the market's momentum across various regions.

Major Growth Factors of the Cycling equipment Market

The market is increasing focus on health and fitness
There has been rising popularity of eco-friendly transportation
This market includes such government initiatives which is supporting cycling infrastructure
There have been technological advancements in cycling gear
Growth in e-bike and smart bike adoption
This market is expanding due to rise of online retail and e-commerce channels
Rising disposable income in emerging markets
Surge in cycling events and competitions

Cycling equipment Market Trends

Cycling equipment market is witnessing notable trends such as the growing adoption of electric and hybrid bicycles, integration of smart technologies in gear and accessories, and rising consumer preference for customizable and ergonomic products. Urban mobility trends and sustainable lifestyle choices are driving demand for cycling as an alternative to traditional transport, prompting manufacturers to invest in innovation and performance-based products.

Emerging Developments in the Cycling equipment Market

Cycling equipment market is estimated to experience robust growth, the development of AI-powered navigation devices, eco-friendly manufacturing materials, and digitally connected helmets. Collaborations between tech firms and cycling brands are yielding smart accessories, while companies are expanding their product portfolios to cater to a wider demographic including urban commuters, mountain bikers, and casual riders.