Luxury Bicycles Market by Types (Hybrid Bikes, Mountain Bikes, Road Bikes, Track Bikes, and Others), by Application (Racing, Transportation, and Others), by Technology (Electric and Conventional) by End Users (Men, Woman, and Kids), by Price Range (Premium priced [Above USD 10,000], Medium priced [from USD 5000 to 10,000], and Low priced, [from USD 1000 to 5000]), by Sales Channels (Online and Offline), and by Regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
Luxury Bicycles Market Outlook 2031:
The Global Luxury Bicycles Market size was valued at USD 15.43 Billion in 2022 and is expected to surpass USD 27.66 Billion by 2031, expanding at a CAGR of 6.7% during the forecast period, 2023 – 2031. The demand for luxury bicycles is growing as many countries are raising awareness regarding the environmental-friendly lifestyles and products by taking initiatives such as encouraging people to use bicycles for daily commutes.
Moreover, players operating in luxury bicycles market are focusing on finding new materials and components for luxury bicycles to make them lighter and more efficient.
Luxury Bicycles Market Dynamics
The use of bicycles has increased with the rising awareness about urban pollution and traffic, as bicycles produce zero pollution. Growing inclination of people toward a healthy lifestyle has boosted the use of bicycles. Increase in the use of bicycles has fueled the demand for high-end or luxury bicycles. From last decade luxury bicycles are becoming a lifestyle statement.
Moreover, people prefer luxury bicycles for their comfort and design superiority. The demand for luxury bicycles is expected to rise during the forecast period. Growth in the demand for luxury bicycles is driven by increasing disposable income of people worldwide. People who ride bicycles regularly are opting for luxury bicycles that are more comfortable than conventional bicycles. Rapid growth in economy, rise in standard of living, and adoption on modern technologies are propelling the number of people buying premium or luxury bicycles. Luxury bicycle companies are making various innovations to cater to the rising demand for these bicycles.
Moreover, the market in many developing countries such as Asia, Middle East & Africa, and Latin America is expected to grow. Rising economy, disposable income in these countries, rising willingness to spend on luxury bicycles are creating opportunities for market players. Many luxury bicycle companies can easily penetrate the market in these countries. Developing economies are presenting lucrative opportunities for establishment luxury bicycle brands.
However, luxury bicycles are not as popular as conventional bicycles. Riding a luxury bicycle attract attention on the road and can lead to theft. This factor is hampering the demand for luxury bicycles, thus impeding the market
Scope of Luxury Bicycles Market Report
The report on the global Luxury Bicycles Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | Luxury Bicycles Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2022 |
Historic Data | 2016 – 2021 |
Forecast Period | 2023–2031 |
Segmentation | By Types (Hybrid Bikes, Mountain Bikes, Road Bikes, Track Bikes, and Others), By Applications (Racing, Transportation, Others), By Technology (Electric, Conventional), By End users (Men, Women, Kids) By Price Range (Premium priced (Above USD 10,000), Medium priced (from USD 5000 to 10,000), Low priced, (from USD 1000 to 5000)), and By Sales Channel (Offline and Online) |
Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report | Accell Group N.V., American Bicycle Group, Cannondale, Canyon Bicycles GmbH, Cervélo, F.I.V. E. Bianchi S.p.A., LIOS Bikes Ltd, Montante Cicli, Moustache Bikes, myStromer AG. Specialized Bicycle Components, Inc., The Moulton Bicycle Company, Trek Bicycle Corporation. |
Luxury Bicycles Market Segment Insights
The use of bicycles is rising significantly due to rising pollution caused by heavy traffic, the use of bicycles is increasing, as they produce zero pollution. Moreover, growing preference for a healthy lifestyle has increased the use of bicycles. Rise in demand for the luxury bicycles is attributed to increasing disposable incomes worldwide. People who ride bicycles regularly are choosing luxury bicycles that are more comfortable than conventional bicycles.
Types Segment
In terms of types, the global luxury bicycles market share is categorized as hybrid bikes, mountain bikes, road bikes, track bikes, and others. The mountain bikes segment accounts for a major share of the market and is anticipated to expand at a considerable CAGR during the forecast period.Applications Segment
Based on applications, the market is classified as racing, transportation, and others. The others segment accounts for a major share of the market and is anticipated to expand at a considerable CAGR during the forecast period.
Technology Segment
On the basis of technology, the global luxury bicycles market share is bifurcated into electric and conventional. The conventional segment accounts for a major share of the market and is anticipated to expand at a considerable pace during the forecast period. The electric bicycle segment is anticipated to expand at significant CAGR during forecast period due to increasing need for luxury electric bicycles during the forecast period.
End users Segment
In terms of end-users, the luxury bicycles market share is segregated into men, woman, and kids. The men segment accounts for a major share of the market and is anticipated to expand at a considerable CAGR during the forecast period.
Price Range Segment
Based on price range, the global luxury bicycles market share are segmented into premium priced (Above USD 10,000), medium priced (from USD 5000 to 10,000), and low priced, (from USD 1000 to 5000). The low-priced segment accounts for a major share of the market and is anticipated to expand at a considerable CAGR during the forecast period.
Sales channel Segment
On the basis of sales channels, the luxury bicycles market is divided into online and offline. The offline segment accounts for a major share of the market and online segment is anticipated to expand at a considerable CAGR during the forecast period.
Regional Analysis
The global luxury bicycles market is segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is expected to continue dominating the market due to the increasing use of luxury bicycles and growing technological advancements in electric bicycles.
The market in Europe is estimated to expand at a substantial CAGR during the forecast period due to increasing accessibility & availability luxury bicycles and rising number of cycling evens, and high adoption of technologies. North America is projected to hold a considerable share of the market due to the presence of key manufactures of luxury bicycles in the US.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Luxury Bicycles market.
- Historical, Current and Projected Market Size in terms of Value.
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Luxury Bicycles Market Performance
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Luxury Bicycles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Luxury Bicycles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Luxury Bicycles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Luxury Bicycles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Luxury Bicycles Market Size & Forecast, 2017-2027
4.5.1 Luxury Bicycles Market Size and Y-o-Y Growth
4.5.2 Luxury Bicycles Market Absolute $ Opportunity
Chapter 5 Global Luxury Bicycles Market Analysis and Forecast by Types
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Types
5.1.2 Basis Point Share (BPS) Analysis by Types
5.1.3 Absolute $ Opportunity Assessment by Types
5.2 Luxury Bicycles Market Size Forecast by Types
5.2.1 Hybrid Bikes
5.2.2 Mountain Bikes
5.2.3 Road Bikes
5.2.4 Track Bikes
5.2.5 Others
5.3 Market Attractiveness Analysis by Types
Chapter 6 Global Luxury Bicycles Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Luxury Bicycles Market Size Forecast by Applications
6.2.1 Racing
6.2.2 Transportation
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Luxury Bicycles Market Analysis and Forecast by Technology
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Technology
7.1.2 Basis Point Share (BPS) Analysis by Technology
7.1.3 Absolute $ Opportunity Assessment by Technology
7.2 Luxury Bicycles Market Size Forecast by Technology
7.2.1 Electric
7.2.2 Conventional
7.3 Market Attractiveness Analysis by Technology
Chapter 8 Global Luxury Bicycles Market Analysis and Forecast by End Users
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities by End Users
8.1.2 Basis Point Share (BPS) Analysis by End Users
8.1.3 Absolute $ Opportunity Assessment by End Users
8.2 Luxury Bicycles Market Size Forecast by End Users
8.2.1 Men
8.2.2 Woman
8.2.3 Kids
8.3 Market Attractiveness Analysis by End Users
Chapter 9 Global Luxury Bicycles Market Analysis and Forecast by Price Range
9.1 Introduction
9.1.1 Key Market Trends & Growth Opportunities by Price Range
9.1.2 Basis Point Share (BPS) Analysis by Price Range
9.1.3 Absolute $ Opportunity Assessment by Price Range
9.2 Luxury Bicycles Market Size Forecast by Price Range
9.2.1 Premium priced (Above USD 10000)
9.2.2 Medium priced (from USD 5000 to 10000)
9.2.3 Low priced (from USD 1000 to 5000)
9.3 Market Attractiveness Analysis by Price Range
Chapter 10 Global Luxury Bicycles Market Analysis and Forecast By Sales Channel
10.1 Introduction
10.1.1 Key Market Trends & Growth Opportunities By Sales Channel
10.1.2 Basis Point Share (BPS) Analysis By Sales Channel
10.1.3 Absolute $ Opportunity Assessment By Sales Channel
10.2 Luxury Bicycles Market Size Forecast By Sales Channel
10.2.1 Offline
10.2.2 Online
10.3 Market Attractiveness Analysis By Sales Channel
Chapter 11 Global Luxury Bicycles Market Analysis and Forecast by Region
11.1 Introduction
11.1.1 Key Market Trends & Growth Opportunities by Region
11.1.2 Basis Point Share (BPS) Analysis by Region
11.1.3 Absolute $ Opportunity Assessment by Region
11.2 Luxury Bicycles Market Size Forecast by Region
11.2.1 North America
11.2.2 Europe
11.2.3 Asia Pacific
11.2.4 Latin America
11.2.5 Middle East & Africa (MEA)
11.3 Market Attractiveness Analysis by Region
Chapter 12 Coronavirus Disease (COVID-19) Impact
12.1 Introduction
12.2 Current & Future Impact Analysis
12.3 Economic Impact Analysis
12.4 Government Policies
12.5 Investment Scenario
Chapter 13 North America Luxury Bicycles Analysis and Forecast
13.1 Introduction
13.2 North America Luxury Bicycles Market Size Forecast by Country
13.2.1 U.S.
13.2.2 Canada
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 North America Luxury Bicycles Market Size Forecast by Types
13.6.1 Hybrid Bikes
13.6.2 Mountain Bikes
13.6.3 Road Bikes
13.6.4 Track Bikes
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Types
13.8 Absolute $ Opportunity Assessment by Types
13.9 Market Attractiveness Analysis by Types
13.10 North America Luxury Bicycles Market Size Forecast by Applications
13.10.1 Racing
13.10.2 Transportation
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
13.14 North America Luxury Bicycles Market Size Forecast by Technology
13.14.1 Electric
13.14.2 Conventional
13.15 Basis Point Share (BPS) Analysis by Technology
13.16 Absolute $ Opportunity Assessment by Technology
13.17 Market Attractiveness Analysis by Technology
13.18 North America Luxury Bicycles Market Size Forecast by End Users
13.18.1 Men
13.18.2 Woman
13.18.3 Kids
13.19 Basis Point Share (BPS) Analysis by End Users
13.20 Absolute $ Opportunity Assessment by End Users
13.21 Market Attractiveness Analysis by End Users
13.22 North America Luxury Bicycles Market Size Forecast by Price Range
13.22.1 Premium priced (Above USD 10000)
13.22.2 Medium priced (from USD 5000 to 10000)
13.22.3 Low priced (from USD 1000 to 5000).
13.23 Basis Point Share (BPS) Analysis by Price Range
13.24 Absolute $ Opportunity Assessment by Price Range
13.25 Market Attractiveness Analysis by Price Range
13.26 North America Luxury Bicycles Market Size Forecast By Sales Channel
13.26.1 Offline
13.26.2 Online
13.27 Basis Point Share (BPS) Analysis By Sales Channel
13.28 Absolute $ Opportunity Assessment By Sales Channel
13.29 Market Attractiveness Analysis By Sales Channel
Chapter 14 Europe Luxury Bicycles Analysis and Forecast
14.1 Introduction
14.2 Europe Luxury Bicycles Market Size Forecast by Country
14.2.1 Germany
14.2.2 France
14.2.3 Italy
14.2.4 U.K.
14.2.5 Spain
14.2.6 Russia
14.2.7 Netherlands
14.2.8 Rest of Europe
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Europe Luxury Bicycles Market Size Forecast by Types
14.6.1 Hybrid Bikes
14.6.2 Mountain Bikes
14.6.3 Road Bikes
14.6.4 Track Bikes
14.6.5 Others
14.7 Basis Point Share (BPS) Analysis by Types
14.8 Absolute $ Opportunity Assessment by Types
14.9 Market Attractiveness Analysis by Types
14.10 Europe Luxury Bicycles Market Size Forecast by Applications
14.10.1 Racing
14.10.2 Transportation
14.10.3 Others
14.11 Basis Point Share (BPS) Analysis by Applications
14.12 Absolute $ Opportunity Assessment by Applications
14.13 Market Attractiveness Analysis by Applications
14.14 Europe Luxury Bicycles Market Size Forecast by Technology
14.14.1 Electric
14.14.2 Conventional
14.15 Basis Point Share (BPS) Analysis by Technology
14.16 Absolute $ Opportunity Assessment by Technology
14.17 Market Attractiveness Analysis by Technology
14.18 Europe Luxury Bicycles Market Size Forecast by End Users
14.18.1 Men
14.18.2 Woman
14.18.3 Kids
14.19 Basis Point Share (BPS) Analysis by End Users
14.20 Absolute $ Opportunity Assessment by End Users
14.21 Market Attractiveness Analysis by End Users
14.22 Europe Luxury Bicycles Market Size Forecast by Price Range
14.22.1 Premium priced (Above USD 10000)
14.22.2 Medium priced (from USD 5000 to 10000)
14.22.3 Low priced (from USD 1000 to 5000).
14.23 Basis Point Share (BPS) Analysis by Price Range
14.24 Absolute $ Opportunity Assessment by Price Range
14.25 Market Attractiveness Analysis by Price Range
14.26 Europe Luxury Bicycles Market Size Forecast By Sales Channel
14.26.1 Offline
14.26.2 Online
14.27 Basis Point Share (BPS) Analysis By Sales Channel
14.28 Absolute $ Opportunity Assessment By Sales Channel
14.29 Market Attractiveness Analysis By Sales Channel
Chapter 15 Asia Pacific Luxury Bicycles Analysis and Forecast
15.1 Introduction
15.2 Asia Pacific Luxury Bicycles Market Size Forecast by Country
15.2.1 China
15.2.2 Japan
15.2.3 South Korea
15.2.4 India
15.2.5 Australia
15.2.6 South East Asia (SEA)
15.2.7 Rest of Asia Pacific (APAC)
15.3 Basis Point Share (BPS) Analysis by Country
15.4 Absolute $ Opportunity Assessment by Country
15.5 Market Attractiveness Analysis by Country
15.6 Asia Pacific Luxury Bicycles Market Size Forecast by Types
15.6.1 Hybrid Bikes
15.6.2 Mountain Bikes
15.6.3 Road Bikes
15.6.4 Track Bikes
15.6.5 Others
15.7 Basis Point Share (BPS) Analysis by Types
15.8 Absolute $ Opportunity Assessment by Types
15.9 Market Attractiveness Analysis by Types
15.10 Asia Pacific Luxury Bicycles Market Size Forecast by Applications
15.10.1 Racing
15.10.2 Transportation
15.10.3 Others
15.11 Basis Point Share (BPS) Analysis by Applications
15.12 Absolute $ Opportunity Assessment by Applications
15.13 Market Attractiveness Analysis by Applications
15.14 Asia Pacific Luxury Bicycles Market Size Forecast by Technology
15.14.1 Electric
15.14.2 Conventional
15.15 Basis Point Share (BPS) Analysis by Technology
15.16 Absolute $ Opportunity Assessment by Technology
15.17 Market Attractiveness Analysis by Technology
15.18 Asia Pacific Luxury Bicycles Market Size Forecast by End Users
15.18.1 Men
15.18.2 Woman
15.18.3 Kids
15.19 Basis Point Share (BPS) Analysis by End Users
15.20 Absolute $ Opportunity Assessment by End Users
15.21 Market Attractiveness Analysis by End Users
15.22 Asia Pacific Luxury Bicycles Market Size Forecast by Price Range
15.22.1 Premium priced (Above USD 10000)
15.22.2 Medium priced (from USD 5000 to 10000)
15.22.3 Low priced (from USD 1000 to 5000).
15.23 Basis Point Share (BPS) Analysis by Price Range
15.24 Absolute $ Opportunity Assessment by Price Range
15.25 Market Attractiveness Analysis by Price Range
15.26 Asia Pacific Luxury Bicycles Market Size Forecast By Sales Channel
15.26.1 Offline
15.26.2 Online
15.27 Basis Point Share (BPS) Analysis By Sales Channel
15.28 Absolute $ Opportunity Assessment By Sales Channel
15.29 Market Attractiveness Analysis By Sales Channel
Chapter 16 Latin America Luxury Bicycles Analysis and Forecast
16.1 Introduction
16.2 Latin America Luxury Bicycles Market Size Forecast by Country
16.2.1 Brazil
16.2.2 Mexico
16.2.3 Rest of Latin America (LATAM)
16.3 Basis Point Share (BPS) Analysis by Country
16.4 Absolute $ Opportunity Assessment by Country
16.5 Market Attractiveness Analysis by Country
16.6 Latin America Luxury Bicycles Market Size Forecast by Types
16.6.1 Hybrid Bikes
16.6.2 Mountain Bikes
16.6.3 Road Bikes
16.6.4 Track Bikes
16.6.5 Others
16.7 Basis Point Share (BPS) Analysis by Types
16.8 Absolute $ Opportunity Assessment by Types
16.9 Market Attractiveness Analysis by Types
16.10 Latin America Luxury Bicycles Market Size Forecast by Applications
16.10.1 Racing
16.10.2 Transportation
16.10.3 Others
16.11 Basis Point Share (BPS) Analysis by Applications
16.12 Absolute $ Opportunity Assessment by Applications
16.13 Market Attractiveness Analysis by Applications
16.14 Latin America Luxury Bicycles Market Size Forecast by Technology
16.14.1 Electric
16.14.2 Conventional
16.15 Basis Point Share (BPS) Analysis by Technology
16.16 Absolute $ Opportunity Assessment by Technology
16.17 Market Attractiveness Analysis by Technology
16.18 Latin America Luxury Bicycles Market Size Forecast by End Users
16.18.1 Men
16.18.2 Woman
16.18.3 Kids
16.19 Basis Point Share (BPS) Analysis by End Users
16.20 Absolute $ Opportunity Assessment by End Users
16.21 Market Attractiveness Analysis by End Users
16.22 Latin America Luxury Bicycles Market Size Forecast by Price Range
16.22.1 Premium priced (Above USD 10000)
16.22.2 Medium priced (from USD 5000 to 10000)
16.22.3 Low priced (from USD 1000 to 5000).
16.23 Basis Point Share (BPS) Analysis by Price Range
16.24 Absolute $ Opportunity Assessment by Price Range
16.25 Market Attractiveness Analysis by Price Range
16.26 Latin America Luxury Bicycles Market Size Forecast By Sales Channel
16.26.1 Offline
16.26.2 Online
16.27 Basis Point Share (BPS) Analysis By Sales Channel
16.28 Absolute $ Opportunity Assessment By Sales Channel
16.29 Market Attractiveness Analysis By Sales Channel
Chapter 17 Middle East & Africa (MEA) Luxury Bicycles Analysis and Forecast
17.1 Introduction
17.2 Middle East & Africa (MEA) Luxury Bicycles Market Size Forecast by Country
17.2.1 Saudi Arabia
17.2.2 South Africa
17.2.3 UAE
17.2.4 Rest of Middle East & Africa (MEA)
17.3 Basis Point Share (BPS) Analysis by Country
17.4 Absolute $ Opportunity Assessment by Country
17.5 Market Attractiveness Analysis by Country
17.6 Middle East & Africa (MEA) Luxury Bicycles Market Size Forecast by Types
17.6.1 Hybrid Bikes
17.6.2 Mountain Bikes
17.6.3 Road Bikes
17.6.4 Track Bikes
17.6.5 Others
17.7 Basis Point Share (BPS) Analysis by Types
17.8 Absolute $ Opportunity Assessment by Types
17.9 Market Attractiveness Analysis by Types
17.10 Middle East & Africa (MEA) Luxury Bicycles Market Size Forecast by Applications
17.10.1 Racing
17.10.2 Transportation
17.10.3 Others
17.11 Basis Point Share (BPS) Analysis by Applications
17.12 Absolute $ Opportunity Assessment by Applications
17.13 Market Attractiveness Analysis by Applications
17.14 Middle East & Africa (MEA) Luxury Bicycles Market Size Forecast by Technology
17.14.1 Electric
17.14.2 Conventional
17.15 Basis Point Share (BPS) Analysis by Technology
17.16 Absolute $ Opportunity Assessment by Technology
17.17 Market Attractiveness Analysis by Technology
17.18 Middle East & Africa (MEA) Luxury Bicycles Market Size Forecast by End Users
17.18.1 Men
17.18.2 Woman
17.18.3 Kids
17.19 Basis Point Share (BPS) Analysis by End Users
17.20 Absolute $ Opportunity Assessment by End Users
17.21 Market Attractiveness Analysis by End Users
17.22 Middle East & Africa (MEA) Luxury Bicycles Market Size Forecast by Price Range
17.22.1 Premium priced (Above USD 10000)
17.22.2 Medium priced (from USD 5000 to 10000)
17.22.3 Low priced (from USD 1000 to 5000).
17.23 Basis Point Share (BPS) Analysis by Price Range
17.24 Absolute $ Opportunity Assessment by Price Range
17.25 Market Attractiveness Analysis by Price Range
17.26 Middle East & Africa (MEA) Luxury Bicycles Market Size Forecast By Sales Channel
17.26.1 Offline
17.26.2 Online
17.27 Basis Point Share (BPS) Analysis By Sales Channel
17.28 Absolute $ Opportunity Assessment By Sales Channel
17.29 Market Attractiveness Analysis By Sales Channel
Chapter 18 Competition Landscape
18.1 Luxury Bicycles Market: Competitive Dashboard
18.2 Global Luxury Bicycles Market: Market Share Analysis, 2019
18.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
18.3.1 Accell Group N.V.
18.3.2 American Bicycle Group
18.3.3 Cannondale
18.3.4 Canyon Bicycles GmbH
18.3.5 Cervélo
18.3.6 F.I.V. E. Bianchi S.p.A.
18.3.7 LIOS Bikes Ltd
18.3.8 Montante Cicli
18.3.9 Moustache Bikes
18.3.10 myStromer AG
18.3.11 Specialized Bicycle Components, Inc.
18.3.12 The Moulton Bicycle Company
18.3.13 Trek Bicycle Corporation