Global Bicycle Accessories Market Size & Outlook
The bicycle accessories industry worldwide is expected to reach a projected revenue of US$ 20,498.7 million by 2030. A compound annual growth rate of 7.8% is expected of the worldwide bicycle accessories industry from 2024 to 2030.
Revenue, 2023 (US$M)
$12,147.5
Forecast, 2030 (US$M)
$20,498.7
CAGR, 2024 - 2030
7.8%
Report Coverage
Worldwide
Global bicycle accessories market, 2018-2030 (US$M)
Related Markets
Global bicycle accessories market highlights
- The global bicycle accessories market generated a revenue of USD 12,147.5 million in 2023 and is expected to reach USD 20,498.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.8% by 2030.
- In terms of segment, oem accounted for a revenue of USD 6,969.0 million in 2023.
- Aftermarket is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 12,147.5 million |
| Market revenue in 2030 | USD 20,498.7 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Oem |
| Fastest growing segment | Aftermarket |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OEM, Aftermarket |
Other key industry trends
- In terms of revenue, the North America accounted for 19.5% of the global bicycle accessories market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 283.9 million by 2030.
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Bicycle Accessories Market Scope
Bicycle accessories market segmentation & scope
Others
Bicycle Accessories Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global bicycle accessories market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bicycle accessories market will help companies and investors design strategic landscapes.
oem was the largest segment with a revenue share of 57.37% in 2023. Horizon Databook has segmented the Global bicycle accessories market based on oem, aftermarket covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bicycle Accessories Type Outlook (Revenue, USD Million, 2018-2030)
- OEM
- Aftermarket
- Global Bicycle Accessories Product Outlook (Revenue, USD Million, 2018-2030)
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
- Apparels
- Components
- Global Bicycle Accessories Components Outlook (Revenue, USD Million, 2018-2030)
- Saddles
- Pedals
- Lighting System
- Mirrors
- Water Bottle Cages
- Lock
- Bar Ends/Grips
- Kickstands
- Fenders & Mud Flaps
- Air Pumps & Tyre Pressure Gauge
- Others
- Global Bicycle Accessories Apparels Outlook (Revenue, USD Million, 2018-2030)
- Cycling Gloves
- Cycling Clothes
- Cycling Shoes
- Protective Gears
- Others
- Global Bicycle Accessories Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Online
- Offline
- Global Bicycle Accessories Bicycle Type Outlook (Revenue, USD Million, 2018-2030)
- Mountain Bikes
- Hybrid Bikes
- Road Bikes
- Cargo Bikes
- Others
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Target buyers of Global bicycle accessories market databook
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Our clientele includes a mix of bicycle accessories market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global bicycle accessories market , including forecasts for subscribers. This global databook contains high-level insights into Global bicycle accessories market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bicycle accessories market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Bicycle accessories market size, 2023 (USD Million)
Top 10 countries: Bicycle accessories market size, 2023 (USD Million)
Global bicycle accessories market, by region, 2023 (US$M)
Related regional statistics
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