Bicycle industry Bicycle industry The Bicycle Industry or Cycling Industry can broadly be defined as the industry concerned with bicycles and cycling. It includes at least bicycle manufacturers, part or component manufacturers, and accessory manufacturers. It can also include distributors, retailers, bicycle organizations, bicycle event promoters, and bicycle related service providers. The Global Bicycle Industry generales sales for over $45 bn in 2017 and is forecasted, according to analist consensus, at 6-0% p.a. over the next 5yr In 2016 in the United States, it generated $6 billion of revenue and in Europe, it generated €14 bn in revenues. Besides advocating for greater
Bicycle tools mechanism from rotating. Bicycle tools Various bicycle tools have evolved over the years into specialized tools for working on a bicycle. Modern bicycle shops will stock a large number of tools for working on different bicycle parts. This work can be performed by a trained bicycle mechanic, or for simple tasks, by the bicycle owner. Various devices have been devised to hold a bike still to facilitate working on it, and they are usually called stands. Stands may clamp a part of the bike, such as the seatpost, seat tube, or top tube, or they may simply provide a surface