“Just One Word, Son . . . Bicycles.”

May 8, 2008
With projected annual growth of about 5.3% for the 2001-2010 period, the world bicycles market could surpass $61 billion by 2010, according to a report by Global Industry Analysts Inc.

Asia-Pacific, with a 47% market share last year, forms the largest market. The region is also expected to record annual growth of 6.3% during the same decade.

Adult bicycles account for about 44% of the total. And the sports bikes market is forecast to grow by 6.15% annually from 2001-2010. Mountain bikes and all-terrain bicycles make up two thirds of total sales.

Global Industry Analysts Inc. publishes off-the-shelf market research.

Sponsored Recommendations

Food Production: How SEW-EURODRIVE Drives Excellence

Feb. 18, 2025
Optimize food production with SEW-EURODRIVE’s hygienic, energy-efficient automation and drive solutions for precision, reliability, and sustainability.

Optimizing Agricultural Operations with SEW-EURODRIVE

Feb. 18, 2025
Boost efficiency with SEW-EURODRIVE's durable drive solutions for agriculture. Reliable, efficient, and tailored for you!

Ensure Safety with Explosion-Proof Pumps for Critical Applications

Feb. 10, 2025
For high-risk environments, reliability is paramount. Learn how KNF's explosion-proof pumps provide enhanced safety and performance in demanding OEM and process applications, ...

Revolutionizing Pump Efficiency with Advanced Drive Technology

Feb. 10, 2025
Discover how KNF’s innovative MI Motors are transforming pump intelligence and system integration. With enhanced efficiency and smarter control, this breakthrough technology optimizes...

Voice your opinion!

To join the conversation, and become an exclusive member of Machine Design, create an account today!