Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Racing Bicycles Market by Type (Road Bikes, Mountain Bikes, Others), By Application (Bicycle Racing, Bicycle Touring, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Racing Bicycles Market by Type (Road Bikes, Mountain Bikes, Others), By Application (Bicycle Racing, Bicycle Touring, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 136665 3300 Consumer Goods 377 233 Pages 4.9 (45)

Market Overview:

The global racing bicycles market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing popularity of cycling as a mode of transportation and recreation. Additionally, the growing demand for lightweight and high-performance bicycles is also propelling the growth of this market. On the basis of type, road bikes accounted for majority share in 2017 and are expected to maintain their dominance during the forecast period as well. This can be attributed to their superior performance on paved roads when compared with other types of bicycles such as mountain bikes or hybrid bikes.

Global Racing Bicycles Industry Outlook

Product Definition:

Racing bicycles are designed for competitive racing on paved roads. They typically have a lightweight frame, thin tires, and a few gears. Racing bicycles are used in road races, time trials, and criteriums.

Road Bikes:

Road bikes, also known as recreational bikes or fitness bikes, are a type of bicycles that are designed for use on paved roads. They usually have no more than 28-inch wheels and a seat height of less than 6 feet. Road bike frames can be made from steel, aluminum alloy or carbon fiber; while tires can be any standard bicycle tire (including folding), clincher or semi-clincher.

Mountain Bikes:

Mountain bikes are bicycles, which are designed to be used on all types of terrains and weather conditions. These bikes have been gaining popularity over the past few years owing to their ability to tackle any surface and any terrain with ease. Mountain bikes can also be used for commuting purposes in cities as they have higher speed capabilities compared to other bicycles.

The global mountain bike market size was valued at USD 943 million in 2015.

Application Insights:

The bicycle racing application segment accounted for the largest revenue share of over 45% in 2017. This is attributed to the increasing popularity of road cycling events such as Tour de France and Giro d'Italia. Furthermore, expansion of professional road racing circuit including Circuit de la Sarthe, Circuit Of The Americas and plan to build a new venue in Malaysia is expected to contribute towards segment growth over the forecast period.

Bicycle touring was the second largest application segment accounting for a significant revenue share in 2017 owing to increased interest among individuals towards long-distance travel by bicycle. Increasing popularity of cycle tours including Route du Vin (France), El Camino De Santiago (Spain) and The Classic Grandeur (U.S.

Regional Analysis:

North America dominated the global market in 2017. The growth of this region is attributed to the increasing popularity of bicycle racing and bicycle sports. Countries, such as U.S., have a rich tradition of road race cycling events, which has increased the popularity and adoption of racing bicycles in North America over the past few years.

Asia Pacific is expected to witness significant growth during the forecast period owing to an increase in government initiatives for promoting sports activities related to bicycling throughout Asia Pacific countries including China, Japan, Australia etcetera).

Growth Factors:

  • Increasing popularity of cycling as a mode of transportation and exercise
  • Rising health awareness among people and the consequent increase in demand for fitness equipment, including racing bicycles
  • Technological advancements that have made racing bicycles lighter, faster, and more durable
  • The increasing number of amateur and professional cycling races across the world
  • The growing trend of urbanization, which is leading to an increase in the number of people living in cities

Scope Of The Report

Report Attributes

Report Details

Report Title

Racing Bicycles Market Research Report

By Type

Road Bikes, Mountain Bikes, Others

By Application

Bicycle Racing, Bicycle Touring, Others

By Companies

Giant Bicycle, Merida Bike, Battle-FSD, Trek Bike, XDS, Shen Ying Biking, Look Cycle, Marmot Bike, Cube Bike, Colnago, SOLOMO, Kestrel Bicycles, Storck Bicycle, Tyrell Bicycle, De Rosa, DAHON, Pinarello, Canyon, Felt Cycles, Ellsworth Bike

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Racing Bicycles Market Report Segments:

The global Racing Bicycles market is segmented on the basis of:


Road Bikes, Mountain Bikes, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Bicycle Racing, Bicycle Touring, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Giant Bicycle
  2. Merida Bike
  3. Battle-FSD
  4. Trek Bike
  5. XDS
  6. Shen Ying Biking
  7. Look Cycle
  8. Marmot Bike
  9. Cube Bike
  10. Colnago
  11. SOLOMO
  12. Kestrel Bicycles
  13. Storck Bicycle
  14. Tyrell Bicycle
  15. De Rosa
  16. DAHON
  17. Pinarello
  18. Canyon
  19. Felt Cycles
  20. Ellsworth Bike

Global Racing Bicycles Market Overview

Highlights of The Racing Bicycles Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Road Bikes
    2. Mountain Bikes
    3. Others
  1. By Application:

    1. Bicycle Racing
    2. Bicycle Touring
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Racing Bicycles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Racing Bicycles Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Racing bicycles are bicycles specifically designed for racing. They have a lightweight frame, narrow tires, and a high-performance motor.

Some of the major players in the racing bicycles market are Giant Bicycle, Merida Bike, Battle-FSD, Trek Bike, XDS, Shen Ying Biking, Look Cycle, Marmot Bike, Cube Bike, Colnago, SOLOMO, Kestrel Bicycles, Storck Bicycle, Tyrell Bicycle, De Rosa, DAHON, Pinarello, Canyon, Felt Cycles, Ellsworth Bike.

The racing bicycles market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Racing Bicycles Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Racing Bicycles Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Racing Bicycles Market - Supply Chain
   4.5. Global Racing Bicycles Market Forecast
      4.5.1. Racing Bicycles Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Racing Bicycles Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Racing Bicycles Market Absolute $ Opportunity

5. Global Racing Bicycles Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Racing Bicycles Market Size and Volume Forecast by Type
      5.3.1. Road Bikes
      5.3.2. Mountain Bikes
      5.3.3. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Racing Bicycles Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Racing Bicycles Market Size and Volume Forecast by Application
      6.3.1. Bicycle Racing
      6.3.2. Bicycle Touring
      6.3.3. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Racing Bicycles Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Racing Bicycles Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Racing Bicycles Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Racing Bicycles Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Racing Bicycles Demand Share Forecast, 2019-2029

9. North America Racing Bicycles Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Racing Bicycles Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Racing Bicycles Market Size and Volume Forecast by Application
      9.4.1. Bicycle Racing
      9.4.2. Bicycle Touring
      9.4.3. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Racing Bicycles Market Size and Volume Forecast by Type
      9.7.1. Road Bikes
      9.7.2. Mountain Bikes
      9.7.3. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Racing Bicycles Demand Share Forecast, 2019-2029

10. Latin America Racing Bicycles Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Racing Bicycles Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Racing Bicycles Market Size and Volume Forecast by Application
      10.4.1. Bicycle Racing
      10.4.2. Bicycle Touring
      10.4.3. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Racing Bicycles Market Size and Volume Forecast by Type
      10.7.1. Road Bikes
      10.7.2. Mountain Bikes
      10.7.3. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Racing Bicycles Demand Share Forecast, 2019-2029

11. Europe Racing Bicycles Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Racing Bicycles Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Racing Bicycles Market Size and Volume Forecast by Application
      11.4.1. Bicycle Racing
      11.4.2. Bicycle Touring
      11.4.3. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Racing Bicycles Market Size and Volume Forecast by Type
      11.7.1. Road Bikes
      11.7.2. Mountain Bikes
      11.7.3. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractieness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Racing Bicycles Demand Share, 2019-2029

12. Asia Pacific Racing Bicycles Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Racing Bicycles Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Racing Bicycles Market Size and Volume Forecast by Application
      12.4.1. Bicycle Racing
      12.4.2. Bicycle Touring
      12.4.3. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Racing Bicycles Market Size and Volume Forecast by Type
      12.7.1. Road Bikes
      12.7.2. Mountain Bikes
      12.7.3. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Racing Bicycles Demand Share, 2019-2029

13. Middle East & Africa Racing Bicycles Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Racing Bicycles Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Racing Bicycles Market Size and Volume Forecast by Application
      13.4.1. Bicycle Racing
      13.4.2. Bicycle Touring
      13.4.3. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Racing Bicycles Market Size and Volume Forecast by Type
      13.7.1. Road Bikes
      13.7.2. Mountain Bikes
      13.7.3. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Racing Bicycles Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Racing Bicycles Market: Market Share Analysis
   14.2. Racing Bicycles Distributors and Customers
   14.3. Racing Bicycles Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Giant Bicycle Overview Financials Developments Strategic Outlook
      14.4.2. Merida Bike Overview Financials Developments Strategic Outlook
      14.4.3. Battle-FSD Overview Financials Developments Strategic Outlook
      14.4.4. Trek Bike Overview Financials Developments Strategic Outlook
      14.4.5. XDS Overview Financials Developments Strategic Outlook
      14.4.6. Shen Ying Biking Overview Financials Developments Strategic Outlook
      14.4.7. Look Cycle Overview Financials Developments Strategic Outlook
      14.4.8. Marmot Bike Overview Financials Developments Strategic Outlook
      14.4.9. Cube Bike Overview Financials Developments Strategic Outlook
      14.4.10. Colnago Overview Financials Developments Strategic Outlook
      14.4.11. SOLOMO Overview Financials Developments Strategic Outlook
      14.4.12. Kestrel Bicycles Overview Financials Developments Strategic Outlook
      14.4.13. Storck Bicycle Overview Financials Developments Strategic Outlook
      14.4.14. Tyrell Bicycle Overview Financials Developments Strategic Outlook
      14.4.15. De Rosa Overview Financials Developments Strategic Outlook
      14.4.16. DAHON Overview Financials Developments Strategic Outlook
      14.4.17. Pinarello Overview Financials Developments Strategic Outlook
      14.4.18. Canyon Overview Financials Developments Strategic Outlook
      14.4.19. Felt Cycles Overview Financials Developments Strategic Outlook
      14.4.20. Ellsworth Bike Overview Financials Developments Strategic Outlook

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