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
Trek Bicycle Corporation three women's triathlon series; the Trek Women Triathlon Series, the Danskin Series and the Iron Girl Series. As from the 2014 season, Trek became the main sponsor of Pro Tour cycling team Trek Factory Racing, a continuation of its bike sponsorship of Team RadioShack and co-sponsorship of Team Leopard-Trek. In 2017, Trek paid equal prize money to the male and female winners of the Cyclocross World Cup race hosted at their headquarters in Waterloo, Wisconsin, which was, "the first time in the history of the sport that women would be paid as much as men for racing the same course