Us Bike Wheels Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Bike Wheels Market was valued at USD 7.2 Billion in 2022 and is projected to reach USD 10.5 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The U.S. bike wheels market is experiencing significant growth, driven by a surge in cycling popularity for both recreation and transportation. This trend is particularly evident in urban areas where delivery services are increasingly utilizing bicycles. For instance, DoorDash reports that in cities like San Francisco, over 76% of deliveries are made on two wheels, including bikes, e-bikes, and scooters. This shift not only underscores the efficiency of bicycles in dense urban settings but also highlights the growing demand for high-quality bike components, especially wheels.
Market analysis indicates that the global bicycle wheels market was valued at approximately USD 1.16 billion in 2023 and is projected to reach USD 1.44 billion by 2032, growing at a CAGR of 2.4%. In the U.S., this growth is propelled by an increasing number of cycling events and a rising interest in fitness and sustainable transportation. The market is segmented into various types, including alloy and carbon wheels, each catering to different cycling disciplines such as road biking, mountain biking, and track cycling.
Carbon wheels, in particular, are gaining traction due to their lightweight and aerodynamic properties. The bicycle carbon wheel market is expected to grow by USD 1.94 billion from 2024 to 2028, at a remarkable CAGR of 26.63%. This surge is attributed to the rising number of bicycle sports events and the demand for high-performance components among professional and amateur cyclists alike.
From personal experience, the choice between alloy and carbon wheels can significantly impact riding performance. While alloy wheels offer durability and affordability, carbon wheels provide a noticeable enhancement in speed and handling, especially during competitive events. However, the higher cost of carbon wheels may be a consideration for casual riders.
In conclusion, the U.S. bike wheels market is poised for steady growth, fueled by urban delivery trends, increased cycling participation, and technological advancements in wheel materials and design. As the market evolves, consumers can expect a wider range of options tailored to various cycling needs and preferences.
Get an In-Depth Research Analysis of the Global Bike Wheels Market Size And Forecast [2025-2032]
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URSUS
Syncros (Scott Sports)
CADEX (Giant)
VISION via FSA
HollowGram (Cannondale)
Roval (Specialized Bicycles)
SPINERGY
Sensa Supra
Ambrosio
Halo Wheels
Yishun Bike
Miche
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Bike Wheels Market
Road Bikes
Mountain Bikes
Hybrid Bikes
BMX Bikes
Cruiser Bikes
16 inches
20 inches
24 inches
26 inches
27.5 inches
29 inches
Aluminum
Carbon Fiber
Steel
Composite Materials
Entry-Level
Mid-Range
High-End (Competitive)
Professional
Rims
Hubs
Spokes
Tires
Complete Wheels
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Bike Wheels Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Bike Wheels Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Bike Wheels Market, By Type
6. Global Bike Wheels Market, By Application
7. Global Bike Wheels Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Bike Wheels Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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