Global Bicycle Components Aftermarket Market Projected to Strengthen in Value and Scale by 2030
How Does the Market Size of the Bicycle Components Aftermarket Market in 2030 Compare With That of 2026?
The bicycle components aftermarket market size has grown strongly in recent years. It will grow from $19.02 billion in 2025 to $20.77 billion in 2026 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to bicycle ownership growth, replacement demand, recreational cycling popularity, availability of specialty retailers, component standardization.
The bicycle components aftermarket market size is expected to see strong growth in the next few years. It will grow to $28.7 billion in 2030 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to e-bike upgrade demand, smart components integration, premium cycling trend growth, online retail dominance, sustainable mobility adoption. Major trends in the forecast period include customization and performance upgrades, growth of e-bike aftermarket, online component sales expansion, demand for lightweight components, premium component adoption.
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Which Primary Drivers Are Expected to Shape the Future of the Bicycle Components Aftermarket Market?
The increase in the demand for bicycles is expected to propel the bicycle component afterMarket growth going forward. A bicycle is a manually powered vehicle with two wheels aligned in a row, driven by pedals. The increase in bicycle demand is due to Growing awareness of health benefits, demand for sustainable and eco-friendly modes of transportation, and popularity for recreational purposes. The bicycle component aftermarket supplies replacement parts and accessories, allowing cyclists to maintain and enhance their bikes’ performance and lifespan. For instance, in May 2024, according to a report published by the Portland Bureau of Transportation, a Portland-based department of transportation, in 2023, the number of people biking increased by 5% compared to 2022. Therefore, an increase in the demand for bicycles is driving the growth of the bicycle component afterMarket.
Which Segments Are Likely to Shape the Future Outlook of the Bicycle Components Aftermarket Market?
The bicycle components aftermarket market covered in this report is segmented —
1) By Component Type: Derailleurs, Road Groupsets, Suspensions, Wheel Sets, Brakes, Caliper Type, Gears, Other Components
2) By Bicycle Type: Mountain Bike, Hybrid or Cross, Road, Comfort, Youth, Cruiser, Electric, Folding
3) By Sales Channel: Specialty Bicycle Retailers, Discount Stores, Department Stores, Full-Line Sporting Goods Stores, Outdoor Specialty Stores, Other Sales Channel
Subsegments:
1) By Derailleurs: Front Derailleurs, Rear Derailleurs, Direct Mount Derailleurs
2) By Road Groupsets: Shimano Groupsets, SRAM Groupsets, Campagnolo Groupsets, Other Road Groupsets
3) By Suspensions: Front Suspension Forks, Rear Suspension Shock, Full Suspension Systems, Suspension Kits
4) By Wheel Sets: Carbon Fiber Wheel Sets, Aluminum Wheel Sets, Clincher Wheel Sets, Tubeless Wheel Sets
5) By Brakes: Disc Brakes, Rim Brakes, Hydraulic Brakes, Mechanical Brakes, V-Brakes
6) By Caliper Type: Dual Pivot Calipers, Side-Pull Calipers, Center-Pull Calipers
7) By Gears: Front Gears (Chainrings), Rear Gears (Cassettes), Chainsets, Derailleur Hangers
8) By Other Components: Pedals, Handlebars, Saddles, Grips, Cables And Housing, Bottom Brackets
What New Market Trends Are Emerging in the Bicycle Components Aftermarket Market?
Major companies operating in the bicycle component afterMarket are focusing on developing innovative products, such as minimalistic color in LED blinkers, to enhance safety, aesthetics, and compliance with regulatory standards for cyclists. Minimalistic color in LED blinkers refers to simple, often monochromatic, color schemes emphasizing clean and uncluttered design. In the context of LED blinkers, this typically involves using single, solid colors such as white, amber, or red. For instance, in November 2023, Uno Minda, an India-based automotive component manufacturer, launched a new range of LED blinkers for two-wheelers in the aftermarket. It offers customization in LED blinkers that can be tailored to individual preferences, whether you prefer a sleek, minimalistic look or a more elaborate design. These blinkers are designed to meet regulatory standards and comply with traffic regulations, ensuring riders can confidently and legally use them.
Which Companies Are Expanding Their Presence in the Bicycle Components Aftermarket Market?
Major companies operating in the bicycle components aftermarket market report include Continental AG, SHIMANO INC., Fox Factory, SRAM LLC, DT Swiss, Mavic, Jagwire, ENVE Composites, Renthal Ltd, Wheels Manufacturing, Selle Italia s.r.l., Lezyne, Race Face, Campagnolo, Lizard Skins, CeramicSpeed, Ergon Bike, Bike Thomson, Full Speed Ahead, Maxxis, Easton Cycling, Hope Technology (IPCO) Ltd, KMC Chain
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Which Regional Markets Offer the Most Promising Growth Opportunities for the Bicycle Components Aftermarket Market?
North America was the largest region in the bicycle components afterMarket in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bicycle components aftermarket market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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