North America Bicycle Market (2025-2031) | Forecast, Industry, Revenue, Size, Growth, Outlook, Analysis, Companies, Value, Share & Trends

Market Forecast by Countries (United States, Canada), By Product (Mountain Bikes, Hybrid Bikes, Road Bikes, Cargo Bikes, Others), By Technology (Electric, Conventional), By End-user (Men, Women, Kids), By Distribution Channel (Online, Offline) And Competitive Landscape

Product Code: ETC403915 Publication Date: Jul 2023 Updated Date: Jan 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

North America Bicycle Market Highlights

Report Name North America Bicycle Market 
Forecast Period 2025-2031
Market Size USD 9.2 billion by 2031
CAGR 6.8%
Growing Sector Electric Bicycles

Topics Covered in the North America Bicycle Market Report

The North America Bicycle Market report thoroughly covers the market by countries, product types, technology, end-user demographics, and distribution channels. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities in high-growth areas, and market drivers, offering valuable insights to help stakeholders align their strategies with current and future market dynamics.

North America Bicycle Market Size & Analysis

The North America bicycle market has witnessed remarkable growth in recent years, driven by rising health consciousness, eco-friendly transportation preferences, and government initiatives promoting cycling infrastructure. The market was valued at approximately USD 7.2 billion in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 6.8% from 2025 to 2031. The growing adoption of electric bicycles (e-bikes) has significantly contributed to this expansion, offering consumers an efficient and sustainable means of commuting.

North America Bicycle Market Synopsis

The market is witnessing robust growth as cycling gains popularity for both health and environmental reasons. With a growing awareness of climate change and the need for sustainable urban mobility, bicycles are becoming a preferred mode of transportation across North America. Furthermore, advancements in electric bicycle technology have made cycling more accessible and appealing to a broader demographic. The emergence of smart bicycles with GPS-enabled tracking and app connectivity is expected to propel the market further. Recreational cycling and professional sporting events also contribute significantly to the market's growth trajectory.

According to 6Wresearch, the North America Bicycle Market is anticipated to grow at a CAGR of 6.8% during the forecast period 2025-2031. The rising awareness of environmental issues and the need for sustainable transportation is one of the key factors driving the North America Bicycle Market. Governments across the region are implementing policies to promote eco-friendly commuting options, including tax incentives and subsidies for bicycle purchases. These initiatives are encouraging consumers to shift from traditional vehicles to bicycles, particularly electric models that provide a balance of convenience and environmental sustainability. The increasing popularity of cycling for fitness and recreation is also fueling the market's growth. As more individuals embrace active lifestyles, bicycles are becoming integral to their fitness regimes. Additionally, cycling is being promoted as a stress-relieving and socially distanced activity, especially in the post-pandemic world. This trend has spurred the demand for mountain bikes and hybrid bicycles, which cater to both recreational and fitness needs. This trend is reflected in the North America Bicycle Market Growth.

However, challenges such as the high initial cost of electric bicycles and the lack of dedicated cycling infrastructure in some areas may hinder market growth. Many cities in North America still face inadequate bike lanes and parking facilities, making commuting by bicycle less convenient. Moreover, the competition from alternative modes of transportation, such as e-scooters, poses a challenge to the market's expansion. The fluctuating cost of raw materials and supply chain disruptions also present hurdles for bicycle manufacturers. Rising prices for components such as lithium-ion batteries for electric bicycles can impact production costs and consumer pricing.

North America Bicycle Market Trends

The North America Bicycle Market is witnessing a significant shift toward electric bicycles as consumers seek convenient and efficient alternatives to traditional bicycles. The integration of smart technology, such as GPS tracking, app connectivity, and anti-theft features, is becoming a key selling point for manufacturers. These advancements are particularly attractive to urban commuters who value convenience and security.Another notable trend is the growing focus on lightweight and durable materials for bicycle frames. Manufacturers are investing in carbon fiber and aluminum to create bicycles that are both sturdy and lightweight, catering to both casual riders and professional cyclists. This trend is particularly evident in the hybrid and road bicycle segments, which prioritize performance and durability.

Investment Opportunities in the North America Bicycle Market

The market offers significant investment opportunities in the electric bicycle segment, which is expected to see the highest growth during the forecast period. With the increasing demand for e-bikes, companies can capitalize on R&D initiatives to develop affordable and energy-efficient models. Investments in battery technology and charging infrastructure will also drive the adoption of electric bicycles.Another area ripe for investment is the online distribution channel, which has gained momentum post-pandemic. As consumers increasingly shop online, companies can leverage e-commerce platforms to expand their reach and offer a seamless purchasing experience. Strategic partnerships with logistics providers and digital marketing campaigns can further enhance the online sales channel.

Leading Players in the North America Bicycle Market

The leading players in the North America Bicycle Market include Trek Bicycle Corporation, Giant Manufacturing Co., Specialized Bicycle Components, Cannondale Bicycle Corporation, and Rad Power Bikes. These companies dominate the market with their innovative product offerings, strong distribution networks, and commitment to sustainability.

Government Regulations in the North America Bicycle Market

Governments across North America are actively promoting cycling as a sustainable mode of transportation. Policies such as tax credits for bicycle purchases and subsidies for electric bicycles are encouraging consumers to adopt eco-friendly mobility solutions. In the United States, federal and state governments are funding cycling infrastructure projects, including bike lanes, parking facilities, and public bicycle-sharing systems. Additionally, safety regulations for bicycles and e-bikes are being enforced to ensure the well-being of riders. Standards for battery safety, speed limits for electric bicycles, and helmet laws are being implemented across the region. These regulations aim to enhance consumer confidence and drive the adoption of bicycles.

Future Insights of the North America Bicycle Market

The future of the North America Bicycle Market looks promising, with electric bicycles set to lead the way. As battery technology improves, e-bikes are becoming more affordable and efficient, appealing to a broader customer base. The integration of smart technology will further enhance the user experience, making cycling safer and more convenient. Recreational and fitness cycling will continue to grow as more individuals prioritize health and wellness. The demand for high-performance bicycles, such as mountain and road bikes, is expected to rise, driven by professional sporting events and recreational activities. The market will also benefit from advancements in materials science, enabling the production of lightweight and durable bicycles.

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories

United States to Dominate the Market – By Countries

According to Ashutosh, Senior Research Analyst at 6Wresearch, The United States is set to dominate the North America bicycle market due to a surge in demand for electric and hybrid bicycles. Increasing government initiatives promoting cycling as a sustainable transport option and the development of bike-friendly infrastructure further support market growth. Rising health awareness and interest in eco-friendly commuting also contribute to the U.S.'s market leadership. Additionally, major players' presence in the region drives innovation and accelerates market expansion.

Electric Bikes to Lead – By Technology

Electric bicycles are projected to lead the market, catering to urban commuters and fitness enthusiasts with their convenience and versatility. Significant advancements in battery technology, such as improved efficiency and longer lifespan, have made e-bikes more attractive to consumers. The rising popularity of environmentally friendly transportation and efforts to reduce carbon emissions further boost e-bike adoption. Additionally, e-bikes provide a cost-effective alternative to traditional vehicles, making them popular in urban areas.

Men to Dominate the Market – By End-User

The men’s segment is expected to lead the market, driven by higher demand for performance-focused bicycles like mountain and road bikes. Men are more likely to invest in high-performance bikes for competitive cycling and recreational purposes. The growing number of cycling marathons, adventure sports events, and fitness activities heavily influences this segment. Additionally, male cyclists often prefer premium and customized bicycles, contributing to significant revenue generation in this category.

Offline Channel to Lead – By Distribution

The offline distribution channel, encompassing specialty bicycle stores and sporting goods retailers, is expected to dominate the market. These stores allow customers to physically inspect and test bicycles, offering a personalized shopping experience that builds trust. Offline channels also provide access to expert guidance for bike selection, driving their popularity. Despite this dominance, online sales channels are rapidly growing due to their convenience, attractive discounts, and wider product availability, creating a complementary market dynamic.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2031 to 2024.
  • Base Year 2024
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

Key Highlights of the Report

  • North America Bicycle Market Outlook
  • Market Size of North America Bicycle Market, 2024
  • Forecast of North America Bicycle Market, 2031
  • Historical Data and Forecast of North America Bicycle Revenues & Volume for the Period 2021 - 2031
  • North America Bicycle Market Trend Evolution
  • North America Bicycle Market Drivers and Challenges
  • North America Bicycle Price Trends
  • North America Bicycle Porter's Five Forces
  • North America Bicycle Industry Life Cycle
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Product for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Road Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Product for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Road Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Product for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Mountain Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Hybrid Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Road Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Cargo Bikes for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Others for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Electric for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Conventional for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Electric for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Conventional for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Technology for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Electric for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Conventional for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By End-user for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Men for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Women for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Kids for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By End-user for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Men for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Women for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Kids for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By End-user for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Men for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Women for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Kids for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Distribution Channel for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Online for the Period 2021 - 2031
  • Historical Data and Forecast of North America Bicycle Market Revenues & Volume By Offline for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Distribution Channel for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Online for the Period 2021 - 2031
  • Historical Data and Forecast of United States Bicycle Market Revenues & Volume By Offline for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Distribution Channel for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Online for the Period 2021 - 2031
  • Historical Data and Forecast of Canada Bicycle Market Revenues & Volume By Offline for the Period 2021 - 2031
  • North America Bicycle Market - Key Performance Indicators
  • North America Bicycle Market - Import Export Trade Statistics
  • North America Bicycle Market - Opportunity Assessment By Countries
  • North America Bicycle Market - Opportunity Assessment By Product
  • North America Bicycle Market - Opportunity Assessment By Technology
  • North America Bicycle Market - Opportunity Assessment By End-user
  • North America Bicycle Market - Opportunity Assessment By Distribution Channel
  • North America Bicycle Market - Top Companies Market Share
  • North America Bicycle Market - Top Companies Profiles
  • North America Bicycle Market - Comparison of Players in Technical and Operating Parameters
  • North America Bicycle Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments

By Countries

  • United States
  • Canada

By Product

  • Mountain Bikes
  • Hybrid Bikes
  • Road Bikes
  • Cargo Bikes
  • Others

By Technology

  • Electric
  • Conventional

By End-User

  • Men
  • Women
  • Kids

By Distribution Channel

  • Online
  • Offline

North America Bicycle Market (2025-2031): FAQs

The market is driven by rising environmental awareness, fitness trends, and government incentives for eco-friendly transportation.
The electric bicycle segment is expected to dominate due to increasing urbanization and advancements in battery technology.
High costs of electric bicycles and inadequate cycling infrastructure are key challenges.
Trek Bicycle Corporation, Giant Manufacturing Co., and Rad Power Bikes are some of the key players in the market.
6Wresearch actively monitors the North America Bicycle Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the North America Bicycle Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 North America Bicycle Market Overview
3.1 North America Regional Macro Economic Indicators
3.2 North America Bicycle Market Revenues & Volume, 2021 & 2031F
3.3 North America Bicycle Market - Industry Life Cycle
3.4 North America Bicycle Market - Porter's Five Forces
3.5 North America Bicycle Market Revenues & Volume Share, By Countries, 2021 & 2031F
3.6 North America Bicycle Market Revenues & Volume Share, By Product, 2021 & 2031F
3.7 North America Bicycle Market Revenues & Volume Share, By Technology, 2021 & 2031F
3.8 North America Bicycle Market Revenues & Volume Share, By End-user, 2021 & 2031F
3.9 North America Bicycle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F
4 North America Bicycle Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 North America Bicycle Market Trends
6 North America Bicycle Market, 2021 - 2031
6.1 North America Bicycle Market, Revenues & Volume, By Product, 2021 - 2031
6.2 North America Bicycle Market, Revenues & Volume, By Technology, 2021 - 2031
6.3 North America Bicycle Market, Revenues & Volume, By End-user, 2021 - 2031
6.4 North America Bicycle Market, Revenues & Volume, By Distribution Channel, 2021 - 2031
7 United States Bicycle Market, 2021 - 2031
7.1 United States Bicycle Market, Revenues & Volume, By Product, 2021 - 2031
7.2 United States Bicycle Market, Revenues & Volume, By Technology, 2021 - 2031
7.3 United States Bicycle Market, Revenues & Volume, By End-user, 2021 - 2031
7.4 United States Bicycle Market, Revenues & Volume, By Distribution Channel, 2021 - 2031
8 Canada Bicycle Market, 2021 - 2031
8.1 Canada Bicycle Market, Revenues & Volume, By Product, 2021 - 2031
8.2 Canada Bicycle Market, Revenues & Volume, By Technology, 2021 - 2031
8.3 Canada Bicycle Market, Revenues & Volume, By End-user, 2021 - 2031
8.4 Canada Bicycle Market, Revenues & Volume, By Distribution Channel, 2021 - 2031
9 North America Bicycle Market Key Performance Indicators
10 North America Bicycle Market - Opportunity Assessment
10.1 North America Bicycle Market Opportunity Assessment, By Countries, 2021 & 2031F
10.2 North America Bicycle Market Opportunity Assessment, By Product, 2021 & 2031F
10.3 North America Bicycle Market Opportunity Assessment, By Technology, 2021 & 2031F
10.4 North America Bicycle Market Opportunity Assessment, By End-user, 2021 & 2031F
10.5 North America Bicycle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F
11 North America Bicycle Market - Competitive Landscape
11.1 North America Bicycle Market Revenue Share, By Companies, 2024
11.2 North America Bicycle Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer
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