Global Road Bikes Market Growth 2025-2031

Global Road Bikes Market Growth 2025-2031

The global Road Bikes market size is predicted to grow from US$ 4188 million in 2025 to US$ 4511 million in 2031; it is expected to grow at a CAGR of 1.2% from 2025 to 2031.

Road Bikes is used to describe bicycles built for traveling at speed on paved roads. Some sources use the term to mean racing bicycle. Other sources specifically exclude racing bicycles from the definition, using the term to mean a bicycle of a similar style but built more for endurance and less the fast bursts of speed desired in a racing bicycle; as such, they usually have more gear combinations and fewer hi-tech racing features.

Global road bikes key players include Giant, Trek, Merida, Hero Cycles, etc. Global top four manufacturers hold a share over 35%.

Europe is the largest market, with a share over 30%, followed by Asia-Pacific, and North America, both have a share over 50 percent.

In terms of product, aluminum road bike is the largest segment, with a share over 70%. And in terms of application, the largest application is transportation Tools, followed by racing.

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

This Insight Report provides a comprehensive analysis of the global Road Bikes 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 Road Bikes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Road Bikes market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Road Bikes 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 Road Bikes.

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

Segmentation by Type:
Aluminum Road Bike
Carbon Fiber Road Bike
Others

Segmentation by Application:
Transportation Tools
Racing

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.
Giant
Trek
Merida
Scott Sports
Accell Group
Fuji Bikes
Specialized
Dorel Industries
Cube
Grimaldi Industri
Derby Cycle
Hero Cycles
Look Cycle
Xidesheng Bicycle
Shanghai Phoenix
KHS
Trinx Bikes
Atlas Cycles
Laux Bike
Cannondale
Hero Cycles
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Key Questions Addressed in this Report

What is the 10-year outlook for the global Road Bikes market?

What factors are driving Road Bikes market growth, globally and by region?

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

How do Road Bikes market opportunities vary by end market size?

How does Road Bikes break out by Type, by Application?

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