Bicycle Parts and Accessories Market (2025-2031) | Size, Segmentation, Brands Revenue, Analysis, Forecast, Trends, Growth, industry, Outlook

Bicycle Parts and Accessories Market Highlights

Report Name	Bicycle Parts and Accessories Market
Forecast Period	2025-2031
Market Size	USD 124.7 billion by 2031
CAGR	6.5%
Growing Sector	Mountain Bikes

Topics Covered in the Bicycle Parts and Accessories Market Report

Bicycle Parts and Accessories Market report thoroughly covers the Market By Types, By Applications, By Regions. The Market report provides an unbiased and detailed analysis of the ongoing Market trends, opportunities/high growth areas, and Market drivers which would help the stakeholders to devise and align their Market strategies according to the current and future Market dynamics.

Bicycle Parts and Accessories Market Size & Analysis

The Bicycle Parts And Accessories Market is expected to reach USD 124.7 billion by 2031, with a CAGR of 6.5% between 2025 and 2031. This increase can be ascribed to the growing popularity of cycling as a form of exercise and transportation, as well as the growing demand for environmentally friendly means of transportation in cities.

Bicycle Parts and Accessories Market Synopsis

The Bicycle Parts And Accessories Market is predicted to develop significantly between 2025 and 2031. Some of the primary drivers driving growth in the market include the growing popularity of cycling as a recreational activity, rising concerns about environmental sustainability, and technological developments that led to in the development of novel bicycle components.

According to 6Wresearch, the Bicycle Parts and Accessories Market Size is expected to reach a significant CAGR of 6.5% during the forecast period 2025-2031. One of the major drivers of this market is the increasing use of bicycles in urban areas as a form of transportation. With increasing traffic congestion and worries over air pollution, more people are choosing bicycles as a practical and environmentally beneficial mode of transportation. This trend is likely to continue during the projection period, increasing demand for bicycle parts and accessories. Furthermore, technical improvements have led in the creation of unique and cutting-edge bicycle parts and accessories. For instance, the introduction of electric motorcycles has resulted in increased demand for specialized components such as batteries, motors, and controllers. This has created new opportunities for firms in the bicycle parts and accessories industries.

One of the key restraints in the bicycle parts and accessories market is the fluctuating cost of raw materials, such as aluminum, steel, and carbon fiber. These variations in pricing can significantly impact production costs and, consequently, the final prices of bicycles and their components. Additionally, limited infrastructure in certain regions for bicycle commuting, such as dedicated cycling lanes or secure parking, can hinder demand.

Bicycle Parts and Accessories Market Trends

Bicycle Parts and Accessories Industry is showing trends towards the use of modern materials and technologies. A niche has been installed by the growing demand of electronic goods and e-bike parts such as lightning in the market yet strong parts, smart trackers and GPS units. Growing e-commerce has made it possible for consumers to buy various types of goods, increase market competition and run sales worldwide. Additionally, in this rich area, consumer preferences have emerged as major trends in addition to adaptation and security equipment such as lights and helmets.

Investment Opportunities in the Bicycle Parts and Accessories Market

The Bicycle Parts and Accessories Market Growth is brimming with investment potential, fuelled by a growing consumer interest in cycling and fitness regimes. The development of better cycling infrastructure in cities, along with the increasing popularity of cycling tourism, are major factors driving market growth. The market for luxury components and accessories can be tapped by companies who target niche markets like adventure sports and professional cycling. Furthermore, since it's one of the market's fastest-growing areas, the electric bicycle industry offers a particularly compelling potential.

Leading Players in the Bicycle Parts and Accessories Market

Some of the most prominent players in the Bicycle Parts and Accessories Market Share include Shimano, SRAM, Trek, and Giant Manufacturing Co. These companies are leading innovation and shaping market trends by introducing advanced technologies, expanding product portfolios, and focusing on customer-centric strategies. Strategic partnerships, mergers, and acquisitions are key approaches adopted by market leaders to strengthen their foothold in and regional markets.

Government Regulations

Governments worldwide play an influential role in shaping the Bicycle Parts and Accessories Market in Global. Policies promoting green transportation, coupled with subsidies for e-bike purchases, have had a positive impact on market growth. Standardized regulations for safety and quality ensure consumers receive reliable and secure products, cultivating trust in the industry. Encouraging infrastructure projects, such as dedicated cycling lanes and bike-sharing programs, further facilitate market development.

Future Insights of the Bicycle Parts and Accessories Market

The future of the Bicycle Parts and Accessories Market appears promising, characterized by a surge in technological advancements, consumer awareness for sustainability, and evolving urban mobility solutions. Integration of artificial intelligence, IoT, and smart devices in bicycle components and accessories is set to revolutionize the market. With continued emphasis on health and wellness trends and increased awareness of environmental conservation, the market is expected to maintain a steady growth trajectory, offering immense potential for stakeholders across the value chain.

Market Segmentation Analysis 

The report offers a comprehensive study of the subsequent Market segments and their leading categories. 

Transmission parts segment to Dominate the Market- By Types

According to Ravi Bhandari, Research Head, 6Wresearch, The transmission parts segment is expected to dominate the market during the forecast period. This can be attributed to their crucial role in ensuring smooth operation of bicycles.

Mountain bikes to Dominate the Market- By Application

Mountain bikes are predicted to dominate the market because of their versatility and growing popularity among adventurers. As more individuals pursue outdoor activities and adventure sports, there is an increasing demand for high-quality mountain bikes outfitted with cutting-edge components and extras.

North America to Dominate the Market- By Region

North America is expected to dominate the market during the forecast period. This can be attributed to the high adoption rate of bicycles as a mode of transportation and increasing investments in cycling infrastructure.

Key Attractiveness of the Report

• 10 Years of Market Number
• Historical Data Starting from 2021 to 2024.
• Base Year 2024
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Bicycle Parts and Accessories Market Outlook
• Bicycle Parts and Accessories Market Overview
• Bicycle Parts and Accessories Market Forecast
• Historical Data for the period 2021 - 2031 and Market Forecast of Bicycle Parts and Accessories Market Revenues until 2031
• Historical Data for the period 2021 - 2031 and Market Forecast of the market until 2031, By Types
• Historical Data for the period 2021 - 2031 and Market Forecast of the market until 2031, By Applications
• Historical Data for the period 2021 - 2031 and Market Forecast of the market until 2031, By Regions
• Historical Data for the period 2021 - 2031 and Market Forecast until 2031 for Asia Pacific Bicycle Parts and Accessories Market
• Historical Data for the period 2021 - 2031 and Market Forecast until 2031 for Europe Bicycle Parts and Accessories Market
• Historical Data for the period 2021 - 2031 and Market Forecast until 2031 for the Middle East Bicycle Parts and Accessories Market
• Historical Data for the period 2021 - 2031 and Market Forecast until 2031 for Africa Bicycle Parts and Accessories Market
• Historical Data for the period 2021 - 2031 and Market Forecast until 2031 for the North America Bicycle Parts and Accessories Market
• Historical Data for the period 2021 - 2031 and Market Forecast until 2031 for the Latin America Bicycle Parts and Accessories Market
• Market Drivers and Restraints
• Bicycle Parts and Accessories Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Bicycle Parts and Accessories Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

By Types:

• Transmission Parts
• Frame and Fork Parts
• Wheel Parts
• Steering Parts

By Applications:

• Mountain Bicycles
• Road Bicycles
• Others

By Regions:

• Asia Pacific
• Europe
• Middle East
• Africa
• North America
• Latin America