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- Cycling statistics for 2022 include12:
- The bicycle industry market size by revenue is estimated to be around $6.9 billion.
- Ebike market sales grew by 240% between 2020 and 2021.
- 17-20 million bikes were sold in 2022.
- 364,000 bicycles are produced per day.
- In the United States, more than half of underage Americans and 41 percent of adult Americans cycled exclusively for recreation, while only five percent of youths and 14 percent of adults cycled exclusively for transport.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Here are some statistics about the bicycle industry: The market size by revenue of the bicycle industry is estimated to be around $6.9 billion. Ebike market sales grew by 240% between 2020 and 2021. 17-20 million bikes were sold in the 2022. 364,000 bicycles are produced per day. The United States bike industry CAGR for 2022 to 2027 is 6.12%www.zippia.com/advice/bicycle-industry-statistics/More than half of underage Americans and 41 percent of adult Americans who cycled in 2022 cycled exclusively for recreation. Meanwhile, only five percent of youths and 14 percent of adults cycled exclusively for transport. The remaining cyclists reported that they rode bikes for both leisure and transport purposes.www.statista.com/statistics/1404099/type-of-cyclin… - People also ask
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