Bicycle Market: Innovation Driving Demand for Smarter and More Sustainable Cycling
The bicycle market is advancing as healthier lifestyles and sustainable mobility reshape demand. Valued at USD 76.87 billion in 2024, the market is projected to reach USD 84.05 billion in 2025 and USD 191.35 billion by 2034, growing at a CAGR of 9.57% during the forecast period 2025–2034. Key players include Accell Group, Atlas Cycles Ltd., Avon Cycles Ltd., Cervelo, Dorel Industries...
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