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
French bicycle industry for the rebirth of the French industry. In 1881, Paul de Vivie, a man of twenty-eight, bought his first bicycle, an "ordinary". By 1887, de Vivie decided to devote his attention to his avocation; he sold his business, and moved to Saint-Étienne, where he opened a bicycle shop and started a magazine, "Le Cycliste". Velocio, as de Vivie was known, began to import bicycles from Coventry; within two years, however, he had begun to produce his own bicycles. His 1889 "La Gauloise" was the first bicycle produced in France. French bicycle manufacturers have included: French bicycle component manufacturers have included: