U.S. Bicycle Industry - Statistics & Facts

The U.S. market for bicycles is estimated to be sized at around six billion U.S. dollars. Although U.S.-based manufacturers like Trek, Specialized or Redline are popular bike brands in the United States, the majority of products are manufactured abroad: Around 99 percent of bicycles sold in the United States are imported from China and Taiwan.

Between 15 and 20 million units of bicycles are sold in the U.S. annually. Mountain bikes were the most popular category as of 2019, when more than one fourth of American respondents indicated that their next purchase would be a bicycle in this category. About 70 percent of Americans use non-motorized modes of transportation to reach destinations in their communities.

As of 2017, some 84 percent of U.S. respondents said they had never ridden an electric bicycle in their life. Almost 50 billion e-bikes are projected to be sold globally in 2020, and Chinese customers are anticipated to buy about 16 million electric bicycles in 2020. The rise of electric bikes compared to the overall dent in the value of the market in recent years suggests that the U.S. market is selling fewer but more expensive bikes, with the average value of imported bikes increasing by 96 percent since 2000.

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Bicycle industry in the U.S.

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