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
Belt-driven bicycle which allow riders of belt-driven bicycles to shift easily) are constantly innovating and introducing new designs such as the Shimano Alfine 11 and Fallbrook Technologies’s NuVinci. Other major internally geared hub makers include SRAM, Sturmey-Archer and Rohloff. Another option to provide gears is using a bracket-mounted gearbox like the Pinion P.18. manufacturers of belt-driven bicycles or belt drives include: Belt-driven bicycle A belt-driven bicycle is a chainless bicycle that uses a toothed synchronous belt to transmit power from the pedals to the wheel. The belts are typically made by the same manufacturing companies that produce timing belts for automobiles, machinery,