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
Wilderness Trail Bikes of Marin and to market the components that they were producing. In 1988, Patrick Seidler, began working with WTB. This new company focused on licensing technology developed by WTB to mainstream bicycle industry manufacturers. Examples of technology developed by WTB that were produced under license include designs for tires made by Specialized Bicycle Components, the Blackburn B-52 water bottle cage, geometry for the 1987 Trek Bicycle Corporation mountain bike line and the use of Greaseguard in the top-end Suntour XC Pro component group. In 2002, Cunningham and Potts ceased to be part of WTB, leaving Mark Slate as the sole