Global Bicycle Wheels Market Growth 2025-2031

Global Bicycle Wheels Market Growth 2025-2031

The global Bicycle Wheels market size is predicted to grow from US$ 1131 million in 2025 to US$ 1287 million in 2031; it is expected to grow at a CAGR of 2.2% from 2025 to 2031.

A bicycle wheel is a wheel, most commonly a wire wheel, designed for a bicycle. A pair is often called a Wheelset, especially in the context of ready built "off the shelf" performance-oriented wheels.

Bicycle wheels are an important part of bicycles. Bicycle wheels are composed of hubs, spokes and tires, and are key components for bicycle travel. It is not only used to support the weight of the vehicle, but also responsible for transmitting driving force and braking force to ensure that the bicycle can travel smoothly and safely.

The world top players in the bicycle wheels market are Shimano, Campagnolo, Fulcrum Wheels Srl, ENVE, Zipp (Sram), etc. Top five companies currently account for more than 50% of the total market share in turns of revenue and are expected to retain their dominating hold over the market during the forecast period.

With the improvement of people's living standards and the enhancement of health awareness, more and more people begin to pay attention to physical exercise and outdoor activities. Bicycle riding, as a low-intensity, high-frequency aerobic exercise, has been favored by consumers. This improvement in health awareness has directly promoted the market demand for bicycles and their accessories, including wheels.

Global attention to environmental protection and sustainable transportation methods is increasing. Bicycles, as a low-carbon and environmentally friendly way of travel, are in line with the concept of green travel. The government also encourages people to use bicycles for travel by formulating relevant policies, such as building bicycle lanes and providing bicycle rental services. This trend has promoted the growth of the bicycle wheel market.

With the advancement of urbanization, urban traffic congestion is becoming more and more serious. As a flexible and convenient means of transportation, bicycles have obvious advantages in short-distance travel and commuting. Therefore, in cities, more and more people choose bicycles as a means of travel, which also drives the demand for bicycle wheels.

Technological innovation in the bicycle wheel industry is an important factor in promoting market development. The application of new materials (such as carbon fiber, aluminum alloy, etc.) makes the wheels lighter and more durable; the application of intelligent technology (such as tire pressure monitoring, smart locks, etc.) improves the practicality and safety of wheels. These technological innovations not only improve the competitiveness of products, but also meet the diverse needs of consumers.

LP Information, Inc. (LPI) ' newest research report, the “Bicycle Wheels Industry Forecast” looks at past sales and reviews total world Bicycle Wheels sales in 2024, providing a comprehensive analysis by region and market sector of projected Bicycle Wheels sales for 2025 through 2031. With Bicycle Wheels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bicycle Wheels industry.

This Insight Report provides a comprehensive analysis of the global Bicycle Wheels landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bicycle Wheels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bicycle Wheels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bicycle Wheels and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bicycle Wheels.

This report presents a comprehensive overview, market shares, and growth opportunities of Bicycle Wheels market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Alloy Wheel
Carbon Wheel

Segmentation by Application:
Road Bike
Mountain Bike
Gravel/Cyclo-cross Bike
Track Bike
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Shimano
Campagnolo
Fulcrum Wheels Srl
ENVE
Zipp (Sram)
Easton Cycling
Boyd Cycling
Black Inc
Pro Lite
FFWD Wheels
Prime Components
Mavic
DT Swiss
Hunt Bike Wheels
Industry Nine
Knight Composites
3T
Forza Cirrus
Rolf Prima
Halo Wheels
Miche
Sensa Supra
Yishun Bike
CST
Double Star Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bicycle Wheels market?

What factors are driving Bicycle Wheels market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bicycle Wheels market opportunities vary by end market size?

How does Bicycle Wheels break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.